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TCPC

BlackRock TCP Capital NasdaqGS:TCPC Stock Report

Last Price

US$10.36

Market Cap

US$597.3m

7D

-1.1%

1Y

-23.5%

Updated

31 May, 2023

Data

Company Financials +

BlackRock TCP Capital Corp.

NasdaqGS:TCPC Stock Report

Mkt Cap: US$597.3m

TCPC Stock Overview

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.

TCPC fundamental analysis
Snowflake Score
Valuation2/6
Future Growth3/6
Past Performance1/6
Financial Health2/6
Dividends3/6

My Notes

Capture your thoughts, links and company narrative

BlackRock TCP Capital Corp. Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for BlackRock TCP Capital
Historical stock prices
Current Share PriceUS$10.36
52 Week HighUS$14.33
52 Week LowUS$9.60
Beta1.43
1 Month Change4.02%
3 Month Change-11.60%
1 Year Change-23.49%
3 Year Change0.097%
5 Year Change-29.91%
Change since IPO-28.80%

Recent News & Updates

Recent updates

BlackRock TCP Capital: A Great, Well-Covered 10.3% Yield

Sep 26

BlackRock TCP Capital Q2 2022 Earnings Preview

Aug 02

BlackRock TCP Q1 Update: Income Jumps, Valuation Converges With Sector

May 19

BlackRock TCP Capital: All The Positive Results Are Already Priced In

Apr 06

BlackRock TCP Capital: 9% Yield, Get Your Marshmallow Now

Jan 18

TCPC: Undervalued BDC With Income Tailwinds

Sep 28

BlackRock TCP Capital: 8% Yield, Good Dividend Coverage, NAV Up 15%

May 08

BlackRock TCP Capital EPS beats by $0.29, misses on revenue

May 05

BlackRock TCP Capital Corp.: 10% Yield, 6% Discount

Nov 29

BlackRock TCP Capital Corp 2020 Q3 - Results - Earnings Call Presentation

Nov 09

BlackRock TCP Capital declares $0.30 dividend

Nov 02

Shareholder Returns

TCPCUS Capital MarketsUS Market
7D-1.1%1.1%1.0%
1Y-23.5%-5.4%-0.2%

Return vs Industry: TCPC underperformed the US Capital Markets industry which returned -5.4% over the past year.

Return vs Market: TCPC underperformed the US Market which returned -0.2% over the past year.

Price Volatility

Is TCPC's price volatile compared to industry and market?
TCPC volatility
TCPC Average Weekly Movement3.3%
Capital Markets Industry Average Movement0.8%
Market Average Movement6.5%
10% most volatile stocks in US Market15.6%
10% least volatile stocks in US Market3.0%

Stable Share Price: TCPC is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: TCPC's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2012n/aRaj Vighttps://www.tcpcapital.com

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.

BlackRock TCP Capital Corp. Fundamentals Summary

How do BlackRock TCP Capital's earnings and revenue compare to its market cap?
TCPC fundamental statistics
Market CapUS$597.31m
Earnings (TTM)US$1.04m
Revenue (TTM)US$189.16m

575.7x

P/E Ratio

3.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
TCPC income statement (TTM)
RevenueUS$189.16m
Cost of RevenueUS$0
Gross ProfitUS$189.16m
Other ExpensesUS$188.12m
EarningsUS$1.04m

Last Reported Earnings

Mar 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)0.018
Gross Margin100.00%
Net Profit Margin0.55%
Debt/Equity Ratio136.2%

How did TCPC perform over the long term?

See historical performance and comparison

Dividends

13.1%

Current Dividend Yield

6,890%

Payout Ratio

Does TCPC pay a reliable dividends?

See TCPC dividend history and benchmarks
When do you need to buy TCPC by to receive an upcoming dividend?
BlackRock TCP Capital dividend dates
Ex Dividend DateJun 15 2023
Dividend Pay DateJun 30 2023
Days until Ex dividend13 days
Days until Dividend pay date28 days

Does TCPC pay a reliable dividends?

See TCPC dividend history and benchmarks