BlackRock TCP Capital Corp. (TCPC)

NASDAQ: TCPC · Real-Time Price · USD
8.55
+0.07 (0.83%)
At close: Dec 20, 2024, 4:00 PM
8.65
+0.10 (1.17%)
After-hours: Dec 20, 2024, 5:45 PM EST
0.83%
Market Cap 731.80M
Revenue (ttm) 249.04M
Net Income (ttm) -37.90M
Shares Out 85.59M
EPS (ttm) -0.52
PE Ratio n/a
Forward PE 5.84
Dividend $1.36 (15.91%)
Ex-Dividend Date Dec 17, 2024
Volume 1,120,841
Open 8.39
Previous Close 8.48
Day's Range 8.39 - 8.65
52-Week Range 7.71 - 11.99
Beta 1.55
Analysts Hold
Price Target 8.88 (+3.86%)
Earnings Date Nov 6, 2024

About 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-... [Read more]

Sector Financials
IPO Date Apr 4, 2012
Country United States
Stock Exchange NASDAQ
Ticker Symbol TCPC
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 7 analysts, the average rating for TCPC stock is "Hold." The 12-month stock price forecast is $8.88, which is an increase of 3.86% from the latest price.

Price Target
$8.88
(3.86% upside)
Analyst Consensus: Hold
Stock Forecasts

News

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BDC Weekly Review: Tax-Loss Season Is Approaching

We take a look at the action in business development companies through the second week of November and highlight some of the key themes we are watching. BDCs saw a 2% aggregate return on the week; TPV...

5 weeks ago - Seeking Alpha

BlackRock TCP Capital Corp (TCPC) Q3 2024 Earnings Call Transcript

BlackRock TCP Capital Corp (NASDAQ:TCPC) Q3 2024 Earnings Conference Call November 6, 2024 1:00 PM ET Company Participants Michaela Murray - Investor Relations Raj Vig - Chairman & Chief Executive Of...

6 weeks ago - Seeking Alpha

BlackRock TCP Capital Corp. Announces Third Quarter 2024 Financial Results

SANTA MONICA, Calif.--(BUSINESS WIRE)--BlackRock TCP Capital Corp. (“we,” “us,” “our,” “TCPC” or the “Company”), a business development company (NASDAQ: TCPC), today announced its financial results fo...

6 weeks ago - Business Wire

BlackRock TCP Capital Corp. to Report Third Quarter ended September 30, 2024 Financial Results on November 6, 2024

SANTA MONICA, Calif.--(BUSINESS WIRE)--BlackRock TCP Capital Corp. (NASDAQ: TCPC) announced today that it will report its financial results for the third quarter ended September 30, 2024 on Wednesday,...

2 months ago - Business Wire

KBRA Assigns Ratings to BlackRock TCP Capital Corp.

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns issuer and senior unsecured debt ratings of BBB- to BlackRock TCP Capital Corp. (NASDAQ: TCPC or "the company"). The rating Outlook is Sta...

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3 months ago - Business Wire

2 BDCs At Discounts Of ~20% With Attractive Asymmetric Profiles

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3 months ago - Seeking Alpha

BlackRock TCP Capital Corp. Announces Leadership Transitions

SANTA MONICA, Calif.--(BUSINESS WIRE)--BlackRock TCP Capital Corp. (NASDAQ: TCPC) today announced the following leadership transitions effective November 6, 2024: Chairman of the Board and Chief Execu...

3 months ago - Business Wire

3 Lessons Learned From Struggling BDCs After Q2 Earnings

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How To Allocate $100,000 In A Dividend Portfolio: A Strategic Guide For Income And Growth

I will demonstrate how you could allocate the amount of $100,000 by following the current composition of The Dividend Income Accelerator Portfolio, effectively balancing dividend income and dividend g...

4 months ago - Seeking Alpha

BlackRock TCP Capital: Weakening Earnings May Result In Distribution Cut (Rating Downgrade)

BlackRock TCP Capital operates as a business development company that generates its earnings from debt investments in middle market companies. TCPC offers a high dividend yield of 17.8% but may face a...

4 months ago - Seeking Alpha

BlackRock TCP Capital Corp (TCPC) Q2 2024 Earnings Call Transcript

BlackRock TCP Capital Corp (NASDAQ:TCPC) Q2 2024 Results Conference Call August 7, 2024 1:00 PM ET Company Participants Michaela Murray - Investor Relations Raj Vig - Chairman and CEO Phil Tseng - Pr...

4 months ago - Seeking Alpha

BlackRock TCP Capital Corp. Announces Second Quarter 2024 Financial Results Including Net Investment Income of $0.42 Per Share; Declares Third Quarter Dividend of $0.34 Per Share; 49 Consecutive Quarters of Dividend Coverage

SANTA MONICA, Calif.--(BUSINESS WIRE)--BlackRock TCP Capital Corp. (“we,” “us,” “our,” “TCPC” or the “Company”), a business development company (NASDAQ: TCPC), today announced its financial results fo...

4 months ago - Business Wire

4 Strategic Picks For Your Dividend Portfolio: Boosting Income And Growth

I have added the shares of Visa, Nike, BlackRock TCP Capital, and Coca-Cola to the Dividend Income Accelerator Portfolio. While Visa and Nike increase the portfolio's dividend growth potential, BlackR...

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5 months ago - Seeking Alpha

BlackRock TCP Capital Corp. to Report Second Quarter Ended June 30, 2024 Financial Results on August 7, 2024

SANTA MONICA, Calif.--(BUSINESS WIRE)--BlackRock TCP Capital Corp. (NASDAQ: TCPC) announced today that it will report its financial results for the second quarter ended June 30, 2024 on Wednesday, Aug...

5 months ago - Business Wire

BlackRock TCP Capital: Post-Merger Opportunity For Income And Growth

BlackRock TCP Capital completed its merger with BlackRock Capital Investment, resulting in a jump in portfolio value. The company has lowered its management fee, potentially leading to an increase in ...

7 months ago - Seeking Alpha

Most Stock Screens Miss These High-Yield Dividends (Up To 16.%)

“Special” dividends fly right under Wall Street's radar. Which is great for contrarian income seekers like us.

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7 months ago - Forbes

BlackRock TCP Capital Corp. Prices Offering of 6.95% Notes due 2029

SANTA MONICA, Calif.--(BUSINESS WIRE)--BlackRock TCP Capital Corp. (NASDAQ: TCPC) (“TCPC” or the “Company”) announced today the pricing of an underwritten public offering of $325,000,000 in aggregate ...

7 months ago - Business Wire

BDC Weekly Review: Fee Rate Cuts Continue

We take a look at the BDC sector through the second week in May. BDCs delivered a total return of 1.5% on the week, outperforming most income sectors. BlackRock TCP Capital Corp reduced its base manag...

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7 months ago - Seeking Alpha

Building A $50,000 Dividend Portfolio With 3 ETFs And 3 High Dividend Yield Stocks

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Barings BDC: One Of The Few Deals In The BDC Sector

Barings BDC is a high-quality business development company trading at a discount to NAV of -14.6%, making it an attractive opportunity.

8 months ago - Seeking Alpha

BlackRock TCP Capital Corp. (TCPC) Q1 2024 Earnings Call Transcript

BlackRock TCP Capital Corp. (NASDAQ:TCPC) Q1 2024 Earnings Conference Call May 1, 2024 1:00 PM ET Company Participants Katie McGlynn - Director, Investor Relations Raj Vig - Chairman and CEO Phill Ts...

8 months ago - Seeking Alpha

BlackRock TCP Capital Corp. Announces First Quarter 2024 Financial Results; Declares Second Quarter Dividend of $0.34 Per Share; 12 Years of Consistent Quarterly Dividend Coverage

SANTA MONICA, Calif.--(BUSINESS WIRE)--BlackRock TCP Capital Corp. (“we,” “us,” “our,” “TCPC” or the “Company”), a business development company (NASDAQ: TCPC), today announced its financial results fo...

8 months ago - Business Wire