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Blackrock TCP Capital Corp. (TCPC)

NASDAQ: TCPC · IEX Real-Time Price · USD
14.20 0.03 (0.21%)
Oct 15, 2021 4:00 PM EDT - Market closed
Market Cap822.61M
Revenue (ttm)168.55M
Net Income (ttm)184.82M
Shares Out57.77M
EPS (ttm)3.20
PE Ratio4.44
Forward PE10.32
Dividend$1.20 (8.45%)
Ex-Dividend DateSep 15, 2021
Volume177,275
Open14.28
Previous Close14.17
Day's Range14.19 - 14.31
52-Week Range8.34 - 14.43
Beta1.73
AnalystsBuy
Price Target15.21 (+7.1%)
Est. Earnings DateNov 2, 2021

About TCPC

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

IndustryCapital Markets
IPO DateApr 4, 2012
CEOHoward Levkowitz
Employees2,018
Stock ExchangeNASDAQ
Ticker SymbolTCPC
Full Company Profile

Financial Performance

In 2020, TCPC's revenue was $172.10 million, a decrease of -11.82% compared to the previous year's $195.17 million. Earnings were $71.37 million, an increase of 133.40%.

Financial Statements

Analyst Forecast

According to 7 analysts, the average rating for TCPC stock is "Buy." The 12-month stock price forecast is 15.21, which is an increase of 7.11% from the latest price.

Price Target
$15.21
(7.11% upside)
Analyst Consensus: Buy

News

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...

1 week ago - Business Wire

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 ...

1 month ago - Business Wire

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...

1 month ago - Business Wire

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?

2 months ago - Zacks Investment Research

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 ...

2 months ago - Business Wire

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.

2 months ago - Zacks Investment Research

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...

2 months ago - Business Wire

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...

3 months ago - Business Wire

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...

3 months ago - Business Wire

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...

4 months ago - Business Wire

BlackRock TCP (TCPC) Q1 Earnings Meet Estimates

BlackRock TCP (TCPC) delivered earnings and revenue surprises of 0.00% and 2.41%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

5 months ago - Zacks Investment Research

BlackRock TCP Capital Corp. Announces First 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 ...

5 months ago - Business Wire

BlackRock TCP Capital's Earnings Outlook

On Wednesday, May 05, BlackRock TCP Capital (NASDAQ:TCPC) will release its latest earnings report. Decipher the announcement with Benzinga's help.

5 months ago - Benzinga

Earnings Preview: BlackRock TCP (TCPC) Q1 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.

5 months ago - Zacks Investment Research

BlackRock TCP Capital Corp. Schedules Earnings Release and Conference Call for the First Quarter Ended March 31, 2021

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, 2021 on Wednesday, May 5...

6 months ago - Business Wire

BlackRock TCP Capital Corp. Announces 2020 Financial Results Including Fourth Quarter Net Investment Income of $0.35 ...

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 ...

7 months ago - Business Wire

BlackRock TCP Capital Corp. Prices $175,000,000 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 $175,000,000 in aggregate principal amount of 2.850% notes due ...

8 months ago - Business Wire

BlackRock TCP Capital Corp. Announces Certain Preliminary Fourth Quarter 2020 Financial Estimates

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

8 months ago - Business Wire

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, 2020...

9 months ago - Business Wire

BlackRock TCP Capital Corp.: 10% Yield, 6% Discount

TCPC is a BDC that yields 10.09%, with 1.13X coverage, based on net investment income. It has a 35% total return since we started coverage in July, but it's still selling at a -6.45% discount to NAV/share.

10 months ago - Seeking Alpha

BlackRock TCP (TCPC) Tops Q3 Earnings and Revenue Estimates

BlackRock TCP (TCPC) delivered earnings and revenue surprises of 9.38% and 4.87%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?

11 months ago - Zacks Investment Research

BlackRock TCP Capital Corp. Announces Third Quarter 2020 Financial Results Including Net Investment Income of $0.35 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 ...

11 months ago - Business Wire

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.

11 months ago - Zacks Investment Research

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

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 third quarter ended Sept...

11 months ago - Business Wire

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, 2020 on Thursday, No...

1 year ago - Business Wire