BlackRock TCP Capital Corp. (TCPC)
| Market Cap | 725.81M |
| Revenue (ttm) | 232.32M |
| Net Income (ttm) | -46.71M |
| Shares Out | 85.59M |
| EPS (ttm) | -0.71 |
| PE Ratio | n/a |
| Forward PE | 5.44 |
| Dividend | $1.36 (16.04%) |
| Ex-Dividend Date | Sep 16, 2024 |
| Volume | 953,466 |
| Open | 8.49 |
| Previous Close | 8.50 |
| Day's Range | 8.38 - 8.56 |
| 52-Week Range | 8.38 - 12.43 |
| Beta | 1.52 |
| Analysts | Hold |
| Price Target | 8.88 (+4.72%) |
| Earnings Date | Oct 31, 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]
Financial Performance
Financial StatementsAnalyst 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 4.72% from the latest price.
News
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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
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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...
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 ...
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 ...
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...
Building A $50,000 Dividend Portfolio With 3 ETFs And 3 High Dividend Yield Stocks
Building a diversified dividend portfolio with several ETFs and single companies offers multiple advantages over a single ETF-approach. In today's article, I will introduce you to a $50,000 dividend p...
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...
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...
BlackRock TCP Capital Corp. to Report First Quarter ended March 31, 2024 Financial Results on May 1, 2024
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, 2024 on Wednesday, May...
BlackRock TCP Capital Corp. Announces Completion of Merger With BlackRock Capital Investment Corporation
SANTA MONICA, Calif.--(BUSINESS WIRE)--BlackRock TCP Capital Corp. (“TCPC”)(NASDAQ: TCPC) today announced the closing of the previously announced merger with BlackRock Capital Investment Corporation (...
BDC Weekly Review: Portfolio Performance Is Diverging
We take a look at the BDC sector through the second week of March. BDC returns were marginally positive, with some companies significantly dragging down the average weekly return. Q4 saw a significant...
BlackRock TCP Capital Corp.: 13% Yield, Upcoming Merger
Business Development Companies have benefited from rising interest rates in 2023. BlackRock TCP Capital Corp has a portfolio composed mostly of floating rate investments. TCPC experienced an increase ...
BlackRock TCP Capital Corp. and BlackRock Capital Investment Corporation Announce Shareholder Approval of Merger
SANTA MONICA, Calif.--(BUSINESS WIRE)--BlackRock TCP Capital Corp. (“TCPC”)(NASDAQ: TCPC) and BlackRock Capital Investment Corporation (“BCIC”)(NASDAQ: BKCC) announced today that the shareholders of e...
BlackRock TCP Capital Corporation (TCPC) Q4 2023 Earnings Call Transcript
BlackRock TCP Capital Corporation (TCPC) Q4 2023 Earnings Call Transcript
BlackRock TCP Capital Corp. Announces 2023 Financial Results Including Fourth Quarter Net Investment Income of $0.44 Per Share; Declares First Quarter Dividend of $0.34 Per Share; 47 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...
BlackRock TCP Capital Corp. to Report Fourth Quarter and Fiscal Year ended December 31, 2023 Financial Results on February 29, 2024
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...