Blackrock TCP Capital Corp. (TCPC)
| Market Cap | 822.61M |
| Revenue (ttm) | 168.55M |
| Net Income (ttm) | 184.82M |
| Shares Out | 57.77M |
| EPS (ttm) | 3.20 |
| PE Ratio | 4.44 |
| Forward PE | 10.32 |
| Dividend | $1.20 (8.45%) |
| Ex-Dividend Date | Sep 15, 2021 |
| Volume | 177,275 |
| Open | 14.28 |
| Previous Close | 14.17 |
| Day's Range | 14.19 - 14.31 |
| 52-Week Range | 8.34 - 14.43 |
| Beta | 1.73 |
| Analysts | Buy |
| Price Target | 15.21 (+7.1%) |
| Est. Earnings Date | Nov 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...
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 StatementsAnalyst 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.
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...
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...
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?
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 ...
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.
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.
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...
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 ...
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 ...
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...
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...
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.
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?
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 ...
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. 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...
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...