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NASDAQ:TCPC

BlackRock TCP Capital (TCPC) Stock Price, News & Analysis

$10.65
-0.55 (-4.91%)
(As of 06/14/2024 08:52 PM ET)
Today's Range
$10.60
$10.89
50-Day Range
$9.93
$11.48
52-Week Range
$9.90
$13.00
Volume
664,700 shs
Average Volume
462,554 shs
Market Capitalization
$911.53 million
P/E Ratio
30.43
Dividend Yield
12.77%
Price Target
$10.67

BlackRock TCP Capital MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
0.2% Upside
$10.67 Price Target
Short Interest
Healthy
1.31% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.59mentions of BlackRock TCP Capital in the last 14 days
Based on 3 Articles This Week
Insider Trading
Acquiring Shares
$10,890 Bought Last Quarter
Proj. Earnings Growth
-5.26%
From $1.71 to $1.62 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.09 out of 5 stars

Finance Sector

790th out of 867 stocks

Fire, Marine, & Casualty Insurance Industry

49th out of 55 stocks

TCPC stock logo

About BlackRock TCP Capital Stock (NASDAQ:TCPC)

BlackRock TCP Capital Corp. is a business development company specializing in direct equity and debt investments in middle-market, small businesses, debt securities, senior secured loans, junior loans, originated loans, mezzanine, senior debt instruments, bonds, and secondary-market investments. It typically invests in communication services, public relations services, television, wireless telecommunication services, apparel, textile mills, restaurants, retailing, energy, oil and gas extraction, Patent owners and Lessors, Federal and Federally- Sponsored Credit agencies, insurance, hospital and healthcare centers, Biotechnology, engineering services, heavy electrical equipment, tax accounting, scientific and related consulting services, charter freight air transportation, Information technology consulting, application hosting services, software diagram and design, computer aided design, communication equipment, electronics manufacturing equipment, computer components, chemicals. It seeks to invest in the United States. The fund typically invests between $10 million and $35 million in companies with enterprise values between $100 million and $1500 million including complex situations. It prefers to make equity investments in companies for an ownership stake.

TCPC Stock Price History

TCPC Stock News Headlines

Financial calendars – Yahoo Finance
What Wall Street expects from BlackRock TCP Capital's earnings
BlackRock TCP Capital Corp.
BlackRock TCP Capital Corp (TCPC)
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Company Calendar

Ex-Dividend for 3/29 Dividend
3/13/2024
Dividend Payable
3/29/2024
Last Earnings
5/01/2024
Ex-Dividend for 6/28 Dividend
6/14/2024
Today
6/17/2024
Dividend Payable
6/28/2024
Next Earnings (Estimated)
8/01/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Fire, marine, & casualty insurance
Sub-Industry
Asset Management & Custody Banks
Current Symbol
NASDAQ:TCPC
CUSIP
87238Q10
Employees
19,800
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$10.67
High Stock Price Target
$11.50
Low Stock Price Target
$10.00
Potential Upside/Downside
+0.2%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
5 Analysts

Profitability

Net Income
$38.47 million
Pretax Margin
51.06%

Debt

Sales & Book Value

Annual Sales
$209.33 million
Cash Flow
$2.43 per share
Book Value
$11.90 per share

Miscellaneous

Free Float
85,454,000
Market Cap
$911.53 million
Optionable
Optionable
Beta
1.47
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TCPC Stock Analysis - Frequently Asked Questions

Should I buy or sell BlackRock TCP Capital stock right now?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for BlackRock TCP Capital in the last twelve months. There are currently 5 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" TCPC shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in TCPC, but not buy additional shares or sell existing shares.
View TCPC analyst ratings
or view top-rated stocks.

What is BlackRock TCP Capital's stock price target for 2024?

5 Wall Street analysts have issued twelve-month target prices for BlackRock TCP Capital's stock. Their TCPC share price targets range from $10.00 to $11.50. On average, they anticipate the company's stock price to reach $10.67 in the next twelve months. This suggests a possible upside of 0.2% from the stock's current price.
View analysts price targets for TCPC
or view top-rated stocks among Wall Street analysts.

How have TCPC shares performed in 2024?

BlackRock TCP Capital's stock was trading at $11.54 at the start of the year. Since then, TCPC shares have decreased by 7.7% and is now trading at $10.65.
View the best growth stocks for 2024 here
.

When is BlackRock TCP Capital's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 1st 2024.
View our TCPC earnings forecast
.

How were BlackRock TCP Capital's earnings last quarter?

BlackRock TCP Capital Corp. (NASDAQ:TCPC) issued its quarterly earnings data on Wednesday, May, 1st. The investment management company reported $0.45 EPS for the quarter, hitting analysts' consensus estimates of $0.45. The investment management company earned $55.73 million during the quarter, compared to the consensus estimate of $50.99 million. BlackRock TCP Capital had a trailing twelve-month return on equity of 13.95% and a net margin of 9.69%. During the same period in the previous year, the firm earned $0.44 earnings per share.

How often does BlackRock TCP Capital pay dividends? What is the dividend yield for BlackRock TCP Capital?

BlackRock TCP Capital declared a quarterly dividend on Wednesday, May 1st. Stockholders of record on Friday, June 14th will be given a dividend of $0.34 per share on Friday, June 28th. This represents a $1.36 dividend on an annualized basis and a yield of 12.77%. The ex-dividend date is Friday, June 14th.
Read our dividend analysis for TCPC
.

Is BlackRock TCP Capital a good dividend stock?

BlackRock TCP Capital (NASDAQ:TCPC) pays an annual dividend of $1.36 per share and currently has a dividend yield of 12.77%. TCPC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 388.58%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, TCPC will have a dividend payout ratio of 83.95% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for TCPC.

What ETFs hold BlackRock TCP Capital's stock?
What other stocks do shareholders of BlackRock TCP Capital own?
Who are BlackRock TCP Capital's major shareholders?

BlackRock TCP Capital's stock is owned by many different institutional and retail investors. Top institutional shareholders include Van ECK Associates Corp (2.91%), Hennion & Walsh Asset Management Inc. (0.00%), Confluence Investment Management LLC (0.00%), Condor Capital Management (0.65%), Cliffwater LLC (0.43%) and LSV Asset Management (0.49%). Insiders that own company stock include Andrea Petro, Eric John Draut, Erik L Cuellar, Karyn Leigh Williams and Rajneesh Vig.
View institutional ownership trends
.

How do I buy shares of BlackRock TCP Capital?

Shares of TCPC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:TCPC) was last updated on 6/17/2024 by MarketBeat.com Staff

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