BlackRock TCP Capital Corp. (TCPC)

NASDAQ: TCPC · Real-Time Price · USD
8.48
-0.02 (-0.24%)
At close: Sep 18, 2024, 4:00 PM
8.54
+0.06 (0.71%)
After-hours: Sep 18, 2024, 6:14 PM EDT
-0.24%
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]

Sector Financials
IPO Date Apr 4, 2012
Country United States
Stock Exchange NASDAQ
Ticker Symbol TCPC
Full Company Profile

Financial Performance

Financial Statements

Analyst 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.

Price Target
$8.88
(4.72% upside)
Analyst Consensus: Hold
Stock Forecasts

News

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...

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13 hours ago - Seeking Alpha

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...

2 days ago - Business Wire

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...

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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...

27 days ago - Seeking Alpha

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...

4 weeks ago - Seeking Alpha

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...

6 weeks ago - Seeking Alpha

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...

6 weeks ago - Business Wire

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...

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7 weeks ago - Seeking Alpha

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...

2 months ago - Business Wire

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 ...

4 months ago - Seeking Alpha

Most Stock Screens Miss These High-Yield Dividends (Up To 16.%)

“Special” dividends fly right under Wall Street's radar. Which is great for contrarian income seekers like us.

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4 months ago - Forbes

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 ...

4 months ago - Business Wire

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...

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4 months ago - Seeking Alpha

Building A $50,000 Dividend Portfolio With 3 ETFs And 3 High Dividend Yield Stocks

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4 months ago - Seeking Alpha

Barings BDC: One Of The Few Deals In The BDC Sector

Barings BDC is a high-quality business development company trading at a discount to NAV of -14.6%, making it an attractive opportunity.

4 months ago - Seeking Alpha

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...

5 months ago - Seeking Alpha

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...

5 months ago - Business Wire

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...

5 months ago - Business Wire

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 (...

6 months ago - Business Wire

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...

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6 months ago - Seeking Alpha

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 ...

6 months ago - Seeking Alpha

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...

6 months ago - Business Wire

BlackRock TCP Capital Corporation (TCPC) Q4 2023 Earnings Call Transcript

BlackRock TCP Capital Corporation (TCPC) Q4 2023 Earnings Call Transcript

7 months ago - Seeking Alpha

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...

7 months ago - Business Wire

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...

8 months ago - Business Wire