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BlackRock TCP Capital Corp. (TCPC)
:TCPC
TCPC Stock Chart & Stats
Day’s Range― - ―
52-Week Range$7.71 - $11.52
Previous CloseN/A
Volume108.15K
Average Volume (3M)471.13K
Market Cap
$804.56M
Enterprise Value$1.77B
Total Cash (Recent Filing)N/A
Total Debt (Recent Filing)N/A
Price to Earnings (P/E)―
Beta0.61
Next Earnings
Feb 27, 2025EPS Estimate
0.37Last Dividend Ex-Date
Dec 17, 2024Dividend Yield14.47%
Share Statistics
EPS (TTM)-0.49
Shares Outstanding85,591,130
10 Day Avg. Volume451,622
30 Day Avg. Volume471,127
Standard Deviation0.12
R-Squared0.47
Alpha-0.00818
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)3.23
Price to Cash Flow (P/CF)2.00
P/FCF Ratio1.60
Enterprise Value/Market Cap2.19
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit8.43
Enterprise Value/Ebitda41.25
Forecast
1Y Price Target
$8.00Price Target Upside-15.07% Downside
Rating ConsensusModerate Sell
Number of Analyst Covering1
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BlackRock TCP Capital News
PremiumCompany Announcements
BlackRock TCP Capital Reports Strong Q3 2024 Results
PremiumCompany Announcements
BlackRock TCP Capital Announces Strong Q3 2024 Performance
PremiumCompany Announcements
BlackRock TCP Capital Showcases Strong Portfolio Management---
Bulls Say, Bears Say
Bulls Say
Portfolio GainsMajor portfolio marks included a $4.2 million gain on Securus and a $3.6 million gain on Domo.
Price Target IncreaseThe price target improves to $8 from $7.50, representing a 0.80x NAV valuation.
Bears Say
Credit LossesTCPC has endured a string of credit losses that are likely to keep its valuation subdued.
Dividend UnderperformanceGiven the forward curve, leverage, and credit challenges, TCPC is expected to underearn its base dividend in '25.
Lower Earnings EstimatesEstimates decline to $1.51 and $1.27 for '24 and '25, respectively, down from $1.65 and $1.53, previously, largely on the impact of non-accruals, spread compression, and a downward pointing SOFR curve.
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Ownership Overview
0.39% Insiders
0.01% Mutual Funds
8.75% Other Institutional Investors
85.32% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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TCPC FAQ
What was BlackRock TCP Capital Corp.’s price range in the past 12 months?
BlackRock TCP Capital Corp. lowest stock price was $7.71 and its highest was $11.52 in the past 12 months.
What is BlackRock TCP Capital Corp.’s market cap?
BlackRock TCP Capital Corp.’s market cap is $804.56M.
When is BlackRock TCP Capital Corp.’s upcoming earnings report date?
BlackRock TCP Capital Corp.’s upcoming earnings report date is Feb 27, 2025 which is in 7 days.
How were BlackRock TCP Capital Corp.’s earnings last quarter?
BlackRock TCP Capital Corp. released its earnings results on Nov 06, 2024. The company reported $0.4 earnings per share for the quarter, beating the consensus estimate of $0.372 by $0.028.
Is BlackRock TCP Capital Corp. overvalued?
According to Wall Street analysts BlackRock TCP Capital Corp.’s price is currently Overvalued.
Does BlackRock TCP Capital Corp. pay dividends?
BlackRock TCP Capital Corp. pays a Quarterly dividend of $0.439 which represents an annual dividend yield of 14.47%. See more information on BlackRock TCP Capital Corp. dividends here
What is BlackRock TCP Capital Corp.’s EPS estimate?
BlackRock TCP Capital Corp.’s EPS estimate is 0.37.
How many shares outstanding does BlackRock TCP Capital Corp. have?
BlackRock TCP Capital Corp. has 85,591,130 shares outstanding.
What happened to BlackRock TCP Capital Corp.’s price movement after its last earnings report?
BlackRock TCP Capital Corp. reported an EPS of $0.4 in its last earnings report, beating expectations of $0.372. Following the earnings report the stock price went up 9.556%.
Which hedge fund is a major shareholder of BlackRock TCP Capital Corp.?
Currently, no hedge funds are holding shares in TCPC
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BlackRock TCP Capital Stock Smart Score
Neutral
1
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5
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7
8
9
10
Analyst Consensus
Moderate Sell
Average Price Target:
$8.00 (-15.07% Downside)
$8.00 (-15.07% Downside)
Blogger Sentiment
Bullish
TCPC Sentiment 70%
Sector Average 68%
Sector Average 68%
Insider Transactions
Bought Shares
Worth $178.3K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.1%
Last 30 Days ▼ 4.1%
Last 30 Days ▼ 4.1%
News Sentiment
Neutral
Bullish news 50%
Bearish news 100%
Bearish news 100%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-1.95%
12-Months-Change
Fundamentals
Return on Equity
-4.74%
Trailing 12-Months
Asset Growth
19.11%
Trailing 12-Months
Company Description
BlackRock TCP Capital Corp.
Blackrock TCP Capital Corp. is an externally managed, closed-end and non-diversified management investment company. The firm invests primarily in the debt of middle market companies as well as small businesses, including senior secured loans, junior loans, mezzanine debt and bonds. Its investment objective is to seek to achieve high total returns through current income and capital appreciation, with an emphasis on principal protection. The company was founded on April 2, 2012 and is headquartered in Santa Monica, CA.
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TCPC Company Deck
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TCPC Earnings Call
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Neutral
The earnings call highlighted strong financial performance with good dividend coverage, a special dividend, and a decrease in non-accruals. However, challenges persist with certain portfolio companies and a decrease in yield. Overall, the company appears to be managing well despite certain setbacks.Read More>---
TCPC Stock 12 Month Forecast
Average Price Target
$8.00
▼(-15.07% Downside)
Technical Analysis
Main Street Capital
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Pennantpark Investment
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Prospect Capital
―
Ares Capital
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Goldman Sachs BDC
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Best Analysts Covering TCPC
1 Year
1 Year Success Rate
0/5 ratings generated profit
1 Year Average Return
-17.02%
reiterated a sell rating 3 months ago
Copying Finian O'Shea's trades and holding each position for 1 Year would result in 0.00% of your transactions generating a profit, with an average return of -17.02% per trade.
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