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BlackRock TCP Capital (TCPC) Stock

Profile

Country:

United States

IPO:

04 April 2012

Indexes:

Not included

Description:

TCPC, or BlackRock TCP Capital Corp, is a business development company that provides financing solutions to middle-market companies. It focuses on debt and equity investments, aiming to generate attractive risk-adjusted returns for its investors while supporting the growth of its portfolio companies.

Key Details

Price

$9.32

TTM Dividend Yield

17.27%(+40.41% YoY)

Annual Revenue

$50.67 M(+1707.68% YoY)

Annual EPS

$0.67(+518.75% YoY)

Beta

0.56

Events Calendar

Earnings

Next earnings date:

Feb 28, 2025

Recent quarterly earnings:

Nov 06, 2024

Recent annual earnings:

Feb 29, 2024
Dividend

Next ex-dividend date:

Dec 17, 2024

Recent ex-dividend date:

Sept 16, 2024
Splits

Next split:

N/A

Recent split:

N/A

Analyst ratings

Recent major analysts updates

07 Nov '24 Wells Fargo
Underweight
29 Oct '24 Wells Fargo
Underweight
12 Aug '24 Wells Fargo
Equal-Weight
08 Aug '24 Ladenburg Thalmann
Neutral
08 Aug '24 Keefe, Bruyette & Woods
Market Perform
02 May '24 Oppenheimer
Perform
22 Mar '24 Keefe, Bruyette & Woods
Market Perform
06 Mar '24 Oppenheimer
Perform
01 Mar '24 Raymond James
Market Perform
01 Mar '24 Keefe, Bruyette & Woods
Market Perform

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Institutional Ownership

BlackRock TCP Capital Corp (TCPC) Q3 2024 Earnings Call Transcript
BlackRock TCP Capital Corp (TCPC) Q3 2024 Earnings Call Transcript
BlackRock TCP Capital Corp (TCPC) Q3 2024 Earnings Call Transcript
TCPC
seekingalpha.com06 November 2024

BlackRock TCP Capital Corp (NASDAQ:TCPC ) Q3 2024 Earnings Conference Call November 6, 2024 1:00 PM ET Company Participants Michaela Murray - Investor Relations Raj Vig - Chairman & Chief Executive Officer Phil Tseng - President Erik Cuellar - Chief Financial Officer Conference Call Participants Finian O'Shea - Wells Fargo Robert Dodd - Raymond James Paul Johnson - KBW Christopher Nolan - Ladenburg Thalmann Operator Ladies and gentlemen, good afternoon. Welcome everyone to BlackRock TCP Capital Corp Third Quarter 2024 Earnings Conference Call.

BlackRock TCP (TCPC) Misses Q3 Earnings Estimates
BlackRock TCP (TCPC) Misses Q3 Earnings Estimates
BlackRock TCP (TCPC) Misses Q3 Earnings Estimates
TCPC
zacks.com06 November 2024

BlackRock TCP (TCPC) came out with quarterly earnings of $0.36 per share, missing the Zacks Consensus Estimate of $0.40 per share. This compares to earnings of $0.49 per share a year ago.

BlackRock TCP (TCPC) Meets Q2 Earnings Estimates
BlackRock TCP (TCPC) Meets Q2 Earnings Estimates
BlackRock TCP (TCPC) Meets Q2 Earnings Estimates
TCPC
zacks.com07 August 2024

BlackRock TCP (TCPC) came out with quarterly earnings of $0.42 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.48 per share a year ago.

BlackRock TCP (TCPC) Q1 Earnings Match Estimates
BlackRock TCP (TCPC) Q1 Earnings Match Estimates
BlackRock TCP (TCPC) Q1 Earnings Match Estimates
TCPC
Zacks Investment Research01 May 2024

BlackRock TCP reported earnings of $0.45 per share for the quarter, which matched the Zacks Consensus Estimate and was slightly higher than the earnings of $0.44 per share from the same quarter last year.

BlackRock TCP Capital Corp. to Report First Quarter ended March 31, 2024 Financial Results on May 1, 2024
BlackRock TCP Capital Corp. to Report First Quarter ended March 31, 2024 Financial Results on May 1, 2024
BlackRock TCP Capital Corp. to Report First Quarter ended March 31, 2024 Financial Results on May 1, 2024
TCPC
Business Wire08 April 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 1, 2024, prior to the opening of the financial markets. BlackRock TCP Capital Corp. will also host a conference call at 1:00 p.m. Eastern Time (10:00 a.m. Pacific Time) on Wednesday, May 1, 2024, to discuss its financial results. All interested parties are invited to participate in the conference.

BlackRock TCP Capital Corp.: 13% Yield, Upcoming Merger
BlackRock TCP Capital Corp.: 13% Yield, Upcoming Merger
BlackRock TCP Capital Corp.: 13% Yield, Upcoming Merger
TCPC
Seeking Alpha10 March 2024

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 in negative realized gains and has four portfolio companies on non-accrual.

BlackRock TCP (TCPC) Lags Q4 Earnings and Revenue Estimates
BlackRock TCP (TCPC) Lags Q4 Earnings and Revenue Estimates
BlackRock TCP (TCPC) Lags Q4 Earnings and Revenue Estimates
TCPC
Zacks Investment Research29 February 2024

BlackRock TCP (TCPC) came out with quarterly earnings of $0.44 per share, missing the Zacks Consensus Estimate of $0.48 per share. This compares to earnings of $0.40 per share a year ago.

BlackRock TCP Capital Corp. (TCPC) Q3 2023 Earnings Call Transcript
BlackRock TCP Capital Corp. (TCPC) Q3 2023 Earnings Call Transcript
BlackRock TCP Capital Corp. (TCPC) Q3 2023 Earnings Call Transcript
TCPC
Seeking Alpha02 November 2023

BlackRock TCP Capital Corp. (NASDAQ:TCPC ) Q3 2023 Earnings Conference Call November 2, 2023 1:00 PM ET Company Participants Katie McGlynn - Director of Investor Relations Rajneesh Vig - Chairman and Chief Executive Officer Philip Tseng - President and Chief Operating Officer Erik Cuellar - Chief Financial Officer Conference Call Participants Robert Dodd - Raymond James Christopher Nolan - Ladenburg Thalmann Ryan Lynch - Keefe, Bruyette & Woods Operator Ladies and gentlemen, good afternoon. Welcome everyone to BlackRock TCP Capital Corp.'s Third Quarter 2023 Earnings Conference Call.

BlackRock TCP Capital Corp. to Report Third Quarter 2023 Financial Results on November 2, 2023
BlackRock TCP Capital Corp. to Report Third Quarter 2023 Financial Results on November 2, 2023
BlackRock TCP Capital Corp. to Report Third Quarter 2023 Financial Results on November 2, 2023
TCPC
Business Wire21 September 2023

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, 2023 on Thursday, November 2, 2023, prior to the opening of the financial markets. BlackRock TCP Capital Corp. will also host a conference call at 1:00 p.m. Eastern Time (10:00 a.m. Pacific Time) on Thursday, November 2, 2023, to discuss its financial results. All interested parties are invited to participate in the.

BlackRock TCP (TCPC) Upgraded to Strong Buy: Here's Why
BlackRock TCP (TCPC) Upgraded to Strong Buy: Here's Why
BlackRock TCP (TCPC) Upgraded to Strong Buy: Here's Why
TCPC
Zacks Investment Research10 August 2023

BlackRock TCP (TCPC) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

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FAQ

  • What is the primary business of BlackRock TCP Capital?
  • What is the ticker symbol for BlackRock TCP Capital?
  • Does BlackRock TCP Capital pay dividends?
  • What sector is BlackRock TCP Capital in?
  • What industry is BlackRock TCP Capital in?
  • What country is BlackRock TCP Capital based in?
  • When did BlackRock TCP Capital go public?
  • Is BlackRock TCP Capital in the S&P 500?
  • Is BlackRock TCP Capital in the NASDAQ 100?
  • Is BlackRock TCP Capital in the Dow Jones?
  • When was BlackRock TCP Capital's last earnings report?
  • When does BlackRock TCP Capital report earnings?
  • Should I buy BlackRock TCP Capital stock now?

What is the primary business of BlackRock TCP Capital?

TCPC, or BlackRock TCP Capital Corp, is a business development company that provides financing solutions to middle-market companies. It focuses on debt and equity investments, aiming to generate attractive risk-adjusted returns for its investors while supporting the growth of its portfolio companies.

What is the ticker symbol for BlackRock TCP Capital?

The ticker symbol for BlackRock TCP Capital is NASDAQ:TCPC

Does BlackRock TCP Capital pay dividends?

Yes, BlackRock TCP Capital pays dividends. The last payment was $0.34, with an ex-dividend date on 16 September 2024

What sector is BlackRock TCP Capital in?

BlackRock TCP Capital is in the Financial Services sector

What industry is BlackRock TCP Capital in?

BlackRock TCP Capital is in the Asset Management industry

What country is BlackRock TCP Capital based in?

BlackRock TCP Capital is headquartered in United States

When did BlackRock TCP Capital go public?

BlackRock TCP Capital's initial public offering (IPO) was on 04 April 2012

Is BlackRock TCP Capital in the S&P 500?

No, BlackRock TCP Capital is not included in the S&P 500 index

Is BlackRock TCP Capital in the NASDAQ 100?

No, BlackRock TCP Capital is not included in the NASDAQ 100 index

Is BlackRock TCP Capital in the Dow Jones?

No, BlackRock TCP Capital is not included in the Dow Jones index

When was BlackRock TCP Capital's last earnings report?

BlackRock TCP Capital's most recent earnings report was on 6 November 2024

When does BlackRock TCP Capital report earnings?

The next expected earnings date for BlackRock TCP Capital is 28 February 2025

Should I buy BlackRock TCP Capital stock now?

As of today, analysts generally recommend a 'Hold' rating. However, it's important to do your own research and consider your financial situation before making any investment decisions