Blackrock TCP Capital Corp. (TCPC)

NASDAQ: TCPC · IEX Real-Time Price · USD
14.15
+0.05 (0.35%)
Aug 12, 2022 10:29 AM EDT - Market open
0.35%
Market Cap 817.41M
Revenue (ttm) 168.40M
Net Income (ttm) 55.80M
Shares Out 57.77M
EPS (ttm) 0.97
PE Ratio 14.59
Forward PE 10.11
Dividend $1.20 (8.48%)
Ex-Dividend Date Sep 15, 2022
Volume 98,063
Open 14.20
Previous Close 14.10
Day's Range 14.07 - 14.20
52-Week Range 11.76 - 14.52
Beta 1.44
Analysts Buy
Price Target 14.79 (+4.5%)
Earnings Date Aug 3, 2022

About TCPC

BlackRock TCP Capital Corp. is a business development company specializing in direct equity and debt investments in middle-market, 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 ... [Read more...]

Industry Capital Markets
IPO Date Apr 4, 2012
CEO Howard Levkowitz
Employees 2,018
Stock Exchange NASDAQ
Ticker Symbol TCPC
Full Company Profile

Financial Performance

In 2021, TCPC's revenue was $165.11 million, a decrease of -4.07% compared to the previous year's $172.10 million. Earnings were $133.79 million, an increase of 87.45%.

Financial Statements

Analyst Forecast

According to 13 analysts, the average rating for TCPC stock is "Buy." The 12-month stock price forecast is 14.79, which is an increase of 4.52% from the latest price.

Price Target
$14.79
(4.52% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Will BlackRock TCP (TCPC) Gain on Rising Earnings Estimates?

BlackRock TCP (TCPC) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

BlackRock TCP (TCPC) Upgraded to Strong Buy: What Does It Mean for the Stock?

BlackRock TCP (TCPC) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

BlackRock TCP (TCPC) Surpasses Q2 Earnings and Revenue Estimates

BlackRock TCP (TCPC) delivered earnings and revenue surprises of 15.63% and 5.61%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

BlackRock TCP Capital Corp. Announces Second Quarter 2022 Financial Results Including Net Investment Income of $0.37 ...

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 for ...

BlackRock TCP Capital Corp. to Report Second Quarter 2022 Financial Results on August 3, 2022

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, 2022 on Wednesday, Augus...

BlackRock TCP (TCPC) Surpasses Q1 Earnings and Revenue Estimates

BlackRock TCP (TCPC) delivered earnings and revenue surprises of 6.25% and 3.96%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

BlackRock TCP Capital Corp. Announces First Quarter 2022 Financial Results Including Net Investment Income of $0.34 P...

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 for ...

BlackRock TCP Capital Corp. to Report First Quarter 2022 Financial Results on May 4, 2022

SANTA MONICA, Calif.--(BUSINESS WIRE)--BlackRock TCP Capital Corp. (NASDAQ: TCPC) announced today that it will report its financial results for the first quarter ended March 31, 2022 on Wednesday, May 4...

BlackRock TCP (TCPC) Q4 Earnings and Revenues Miss Estimates

BlackRock TCP (TCPC) delivered earnings and revenue surprises of -3.12% and 4.34%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

BlackRock TCP Capital Corp. Announces 2021 Financial Results Including Fourth Quarter Net Investment Income of $0.31 ...

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 for ...

Earnings Preview: BlackRock TCP (TCPC) Q4 Earnings Expected to Decline

BlackRock TCP (TCPC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

BlackRock TCP Capital Corp. Schedules Earnings Release and Conference Call for the Fourth Quarter and Fiscal Year End...

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, 2021...

BlackRock TCP Capital Corp. Appoints Eric Draut as Lead Independent Director

SANTA MONICA, Calif.--(BUSINESS WIRE)--BlackRock TCP Capital Corp. (NASDAQ: TCPC) announced today that current Director, Eric Draut was appointed to serve as Lead Independent Director of its Board of Di...

BlackRock TCP Capital Corp. Announces Third Quarter 2021 Financial Results Including Net Investment Income of $0.32 P...

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 for ...

Analysts Estimate BlackRock TCP (TCPC) to Report a Decline in Earnings: What to Look Out for

BlackRock TCP (TCPC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

BlackRock TCP Capital Corp. Schedules Earnings Release and Conference Call for the Third Quarter Ended September 30, ...

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, 2021 on Wednesday, N...

BlackRock TCP Capital Corp. Prices $150,000,000 of 2.850% Notes Due 2026

SANTA MONICA, Calif.--(BUSINESS WIRE)--BlackRock TCP Capital Corp. (NASDAQ: TCPC) (“TCPC” or the “Company”) announced today the pricing of $150,000,000 in aggregate principal amount of 2.850% notes due ...

BlackRock TCP Capital Corp. Issues Notice of Redemption of All of Its Outstanding 4.125% Notes Due 2022

SANTA MONICA, Calif.--(BUSINESS WIRE)--BlackRock TCP Capital Corp. (NASDAQ: TCPC) (“TCPC” or the “Company”) announced today that it has issued a notice of redemption for all of the $175,000,000 in aggre...

BlackRock TCP (TCPC) Misses Q2 Earnings and Revenue Estimates

BlackRock TCP (TCPC) delivered earnings and revenue surprises of -6.06% and -3.71%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

BlackRock TCP Capital Corp. Announces Second Quarter 2021 Financial Results Including Net Investment Income of $0.31 ...

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 for ...

Why BlackRock TCP (TCPC) Might Surprise This Earnings Season

BlackRock TCP (TCPC) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

BlackRock TCP Capital Corp. Advances the Date for Its Earnings Release and Conference Call for the Second Quarter End...

SANTA MONICA, Calif.--(BUSINESS WIRE)--BlackRock TCP Capital Corp. (NASDAQ: TCPC) announced today that it has advanced the date that it will report its financial results for the second quarter ended Jun...

BlackRock TCP Capital Corp. Schedules Earnings Release and Conference Call for the Second Quarter Ended June 30, 2021

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, 2021 on Wednesday, Augus...

BlackRock TCP Capital Corp. Announces Extension of and Certain Amendments to Its Revolving Credit Facility

SANTA MONICA, Calif.--(BUSINESS WIRE)--BlackRock TCP Capital Corp. (NASDAQ: TCPC) (“TCPC” or the “Company”) announced today the extension of its SVCP Credit Facility (the “Facility”) by two years to May...

BlackRock TCP Capital Corp. Announces Leadership Transitions

SANTA MONICA, Calif.--(BUSINESS WIRE)--BlackRock TCP Capital Corp. (NASDAQ: TCPC) announced today that Rajneesh Vig will succeed Howard Levkowitz as Chairman and Chief Executive Officer and Phil Tseng w...