BlackRock TCP Capital Corp. (TCPC)
| Market Cap | 680.19M |
| Revenue (ttm) | 259.44M |
| Net Income (ttm) | -63.14M |
| Shares Out | 85.08M |
| EPS (ttm) | -0.79 |
| PE Ratio | n/a |
| Forward PE | 5.95 |
| Dividend | $1.41 (17.63%) |
| Ex-Dividend Date | Mar 17, 2025 |
| Volume | 158,793 |
| Open | 7.92 |
| Previous Close | 7.92 |
| Day's Range | 7.87 - 8.01 |
| 52-Week Range | 7.67 - 11.52 |
| Beta | 1.61 |
| Analysts | Hold |
| Price Target | 8.63 (+7.94%) |
| Earnings Date | Apr 30, 2025 |
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]
Financial Performance
Financial StatementsAnalyst Forecast
According to 5 analysts, the average rating for TCPC stock is "Hold." The 12-month stock price forecast is $8.63, which is an increase of 7.94% from the latest price.
News
The Moment Of Truth For BDC Dividend Investors Is Close
As a structural BDC bull I have to admit that the period of BDCs consistently surprising us on the upside has come to an end. Many lower quality BDCs have already cut their dividends to sync their cas...
BDC Weekly Review: JPMorgan Muscling In On Private Credit Turf
We take a look at the action in business development companies through the last week of February and highlight some of the key themes we are watching. BDCs remained flat amid volatile risk sentiment, ...
BlackRock TCP Capital Corp (TCPC) Q4 2024 Earnings Call Transcript
BlackRock TCP Capital Corp (NASDAQ:TCPC) Q4 2024 Results Conference Call February 27, 2025 1:00 PM ET Company Participants Michaela Murray - Investor Relations Phil Tseng - Chairman & Chief Executive...
Tactical BDCs For Sizable Income And Alpha: 1 To Buy, 1 To Avoid
Since BDCs carry in general above-average risks, it makes sense to prioritize defensive and prudently structured picks. Yet, if the price is right, higher risk BDCs could also become enticing investme...
BlackRock TCP Capital Corp. Announces 2024 Financial Results Including Fourth Quarter Net Investment Income of $0.40 Per Share; Declares First Quarter Dividend of $0.25 Per Share and a Special Dividend of $0.04 Per Share
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...
BlackRock TCP Capital Corp. to Report Fourth Quarter and Fiscal Year Ended December 31, 2024 Financial Results on February 27, 2025
SANTA MONICA, Calif.--(BUSINESS WIRE)--BlackRock TCP Capital Corp. (NASDAQ: TCPC) announced today that it will report its financial results for the fourth quarter and fiscal year ended December 31, 20...
Two 10%+ Yields For Durable Passive Income (One Is My Favorite Pick)
To find 10%+ dividends with safe financial profiles, in my view, BDC and CEF segments are currently the best places to look. Having said that, I am still skeptical about 15%+ cases.
Invest In $95,000 BDC Portfolio For $10,000 Annual Income And Durable Compounding
Private credit/BDC investments offer exposure to structural growth and a significant portfolio yield enhancement. Yet, we have to be extra careful of not falling into value traps and investing in unsu...
These 5 ‘Special' Dividends Are More Than One-Hit Wonders
Today we'll discuss a 5.4% dividend that actually annualizes to 7%. A 5.7% payer that really dishes 12.4%.
Investing In BDCs For 10%+ Yields? This Is What Matters Now
When investing for 10%+ BDC yields, investors have to pay extra attention to leverage, dividend coverage, and portfolio quality. Going into Q3, 2024 earnings season, my expectation was that we would s...
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...
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...
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...
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,...
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...
2 BDCs At Discounts Of ~20% With Attractive Asymmetric Profiles
This is not the right time to take high risk in the BDC space. Yet, as it is often the case, a challenging environment creates opportunities. In this article, I elaborate on two BDCs which indeed have...
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 Lessons Learned From Struggling BDCs After Q2 Earnings
The BDC sector faces headwinds such as spread compression, potential Fed rate cuts, and increased corporate distress. Despite these challenges, BDC market indices like VanEck BDC Income ETF and Putnam...
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...
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...
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...
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 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...
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...
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 ...