TCPC
BlackRock TCP Capital Corp.
Set alert
- YTD
- -23.58%
- 1 year
- -26.67%
- Open
- 4.22
- Prev close
- 4.22
- Mkt cap
- 350.71M
- Vol
- 572.84K
- Avg vol
- 755.13K
- EPS
- -1.28
- P/E
- 0.00
- Div yield
- 15.91%
More statistics
- Low
- 4.13
- High
- 4.22
- Forward P/E
- 5.93
- Beta
- 1.51
- Short ratio
- 2.18
- Inst. own
- 20.34%
- Dividend
- 1.36
- Ex-div date
- Dec 16, 2024
- 50-d avg
- 8.73
- 200-d avg
- 9.69
- 1y target
- 8.50
Key statistics
- Market cap
- 730.95M
- Enterprise value
- 1.79B
- Trailing P/E
- 0.00
- Forward P/E
- 5.93
- PEG ratio
- 0.00
- Price / sales
- 2.94
- Price / book
- 0.84
- EPS (TTM)
- -0.55
- Beta
- 1.51
- Dividend yield
- 15.91%
- Payout ratio
- 377.78%
- Profit margin
- -15.22%
- Revenue (TTM)
- 249.04M
- Revenue growth
- 30.80%
- Free cash flow
- 92.33M
- Total cash
- 104.18M
- Total debt
- 1.16B
- Return on equity
- -4.74%
- Shares outstanding
- 85.59M
- Short % of float
- 1.54%
- 50-day average
- 8.73
- 200-day average
- 9.69
Analyst view
Consensus: none
- Target (low)
- 7.50
- Target (mean)
- 8.50
- Target (high)
- 9.00
- Strong buy0
- Buy0
- Hold5
- Sell1
- Strong sell0
Next earnings
Consensus EPS estimate 0.372.
Financials — quick view
Earnings
| Report date | Quarter ending | EPS estimate | EPS reported | Surprise | Surprise % |
|---|---|---|---|---|---|
| Nov 6, 2024 | Sep 1, 2024 | 0.40 | 0.36 | -0.04 | -10.00% |
| Aug 7, 2024 | Jun 1, 2024 | 0.42 | 0.42 | 0.00 | 0.00% |
| May 1, 2024 | Mar 1, 2024 | 0.45 | 0.45 | 0.00 | 0.00% |
| Feb 29, 2024 | Dec 1, 2023 | 0.48 | 0.44 | -0.04 | -8.33% |
| Nov 2, 2023 | Sep 1, 2023 | 0.47 | 0.49 | +0.02 | +4.26% |
| Aug 3, 2023 | Jun 1, 2023 | 0.43 | 0.48 | +0.05 | +11.63% |
Upgrades / downgrades
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Nov 7, 2024 | Wells Fargo | main | Underweight | Underweight |
| Oct 29, 2024 | Wells Fargo | main | Underweight | Underweight |
| Aug 12, 2024 | Wells Fargo | main | Equal-Weight | Equal-Weight |
| Aug 8, 2024 | Keefe, Bruyette & Woods | main | Market Perform | Market Perform |
| Aug 8, 2024 | Ladenburg Thalmann | down | Buy | Neutral |
| May 2, 2024 | Oppenheimer | main | Perform | Perform |
About BlackRock TCP Capital Corp.
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- Sponsored Credit agencies, insurance, hospital and healthcare centers, Biotechnology, engineering services, heavy electrical equipment, tax accounting, scientific and related consulting services, charter freight air transportation, Information technology consulting, application hosting services, software diagram and design, computer aided design, communication equipment, electronics manufacturing equipment, computer components, chemicals. It seeks to invest in the United States. The fund typically invests between $10 million and $35 million in companies with enterprise values between $100 million and $1500 million including complex situations. It prefers to make equity investments in companies for an ownership stake.
- Sector
- Financial Services
- Industry
- Asset Management
- Country
- United States
- Website
- tcpcapital.com
News
- Why I'm Capping My BDC Exposure At 15%
- BlackRock TCP Capital: The Asset Sales Are Just Getting Started
- 2 BDCs To Buy That Could Replace ARCC And OBDC In Your Portfolio
- Wells Fargo Upgrades BlackRock TCP Capital to Equal-Weight, Raises Price Target to $4
- Blackrock Tcp Capital (NASDAQ:TCPC) Share Price Passes Above Two Hundred Day Moving Average – Here’s Why
- BlackRock's TCPC Cleanup: A Move to Sharpen Private Credit Strategy?
- BDC Weekly Review: Market Is Surprised By Private Credit Resilience
- Keefe, Bruyette & Woods Upgrades BlackRock TCP Capital to Market Perform, Raises Price Target to $4
- 12%+ Yields At 30%+ Discounts: Top 2 Undervalued BDCs
- Blackrock Tcp Capital Q2 Earnings Call Highlights
Your note
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Insider holders
| Insider | Relation | Latest transaction | Date | Shares held |
|---|---|---|---|---|
| BARON JOHN R | Director | Stock Award(Grant) | Mar 17, 2024 | 8,404 |
| DRAUT ERIC JOHN | Director | Purchase | Sep 2, 2024 | 55,532 |
| LEETS KAREN L. CPA | Director | Purchase | Jun 5, 2024 | 4,380 |
| MEHRING JASON | President | Purchase | Nov 26, 2024 | 19,913 |
| PETRO ANDREA | Director | Purchase | Jun 6, 2024 | 11,823 |
| SINGHAL NIKUNJ | Chief Operating Officer | Stock Award(Grant) | Mar 17, 2024 | 0 |
Institution ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| Van Eck Associates Corporation | 2.46% | 2,107,130 | 17.99M | Sep 29, 2024 |
| Invesco Ltd. | 1.96% | 1,680,052 | 14.35M | Sep 29, 2024 |
| Transcend Capital Advisors LLC | 1.43% | 1,222,558 | 10.44M | Sep 29, 2024 |
| Two Sigma Advisers, LP | 1.31% | 1,117,817 | 9.55M | Sep 29, 2024 |
| Two Sigma Investments, LP | 1.12% | 955,536 | 8.16M | Sep 29, 2024 |
| Morgan Stanley | 1.04% | 888,554 | 7.59M | Sep 29, 2024 |
Fund ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| VanEck ETF Trust -VanEck BDC Income ETF | 2.33% | 1,993,236 | 17.02M | Oct 30, 2024 |
| Invesco ETF Tr-Invesco KBW High Div Yld Financial ETF | 1.99% | 1,705,395 | 14.56M | Oct 30, 2024 |
| First Trust Gallatin Specialty Finance & Financial Opportunities Fund | 0.25% | 212,000 | 1.81M | Aug 30, 2024 |
| ETFis Ser Tr I-Virtus Private Credit Strategy ETF | 0.11% | 91,522 | 781.60K | Jul 30, 2024 |
| RBC Fds Tr-RBC Micro Cap Value Fd | 0.01% | 9,423 | 80.47K | Sep 29, 2024 |
| Blackstone Alternative Multi-Strategy Fund | 0.01% | 11,001 | 93.95K | Sep 29, 2024 |