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.
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 3/6 |
| Past Performance | 2/6 |
| Financial Health | 2/6 |
| Dividends | 3/6 |
BlackRock TCP Capital Corp. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$10.14 |
| 52 Week High | US$13.00 |
| 52 Week Low | US$9.61 |
| Beta | 1.46 |
| 1 Month Change | 0.60% |
| 3 Month Change | -12.13% |
| 1 Year Change | 0.30% |
| 3 Year Change | -30.12% |
| 5 Year Change | -29.78% |
| Change since IPO | -30.31% |
Recent News & Updates
BlackRock TCP Capital Corp.: 13% Yield, Upcoming Merger
Mar 10BlackRock TCP Capital: Rating Downgrade After Q4 Results
Mar 01BlackRock TCP Capital: 11% Covered Yield, But There Are Risks
Feb 01Recent updates
BlackRock TCP Capital Corp.: 13% Yield, Upcoming Merger
Mar 10BlackRock TCP Capital: Rating Downgrade After Q4 Results
Mar 01BlackRock TCP Capital: 11% Covered Yield, But There Are Risks
Feb 01BlackRock TCP Capital: A Great, Well-Covered 10.3% Yield
Sep 26BlackRock TCP Capital Q2 2022 Earnings Preview
Aug 02BlackRock TCP Q1 Update: Income Jumps, Valuation Converges With Sector
May 19BlackRock TCP Capital: All The Positive Results Are Already Priced In
Apr 06BlackRock TCP Capital: 9% Yield, Get Your Marshmallow Now
Jan 18TCPC: Undervalued BDC With Income Tailwinds
Sep 28BlackRock TCP Capital: 8% Yield, Good Dividend Coverage, NAV Up 15%
May 08BlackRock TCP Capital EPS beats by $0.29, misses on revenue
May 05BlackRock TCP Capital Corp.: 10% Yield, 6% Discount
Nov 29BlackRock TCP Capital Corp 2020 Q3 - Results - Earnings Call Presentation
Nov 09BlackRock TCP Capital declares $0.30 dividend
Nov 02Shareholder Returns
| TCPC | US Capital Markets | US Market | |
|---|---|---|---|
| 7D | -0.1% | -2.6% | -3.7% |
| 1Y | 0.3% | 22.7% | 20.5% |
Return vs Industry: TCPC underperformed the US Capital Markets industry which returned 22.2% over the past year.
Return vs Market: TCPC underperformed the US Market which returned 20.2% over the past year.
Price Volatility
| TCPC volatility | |
|---|---|
| TCPC Average Weekly Movement | 2.6% |
| Capital Markets Industry Average Movement | 3.4% |
| Market Average Movement | 6.0% |
| 10% most volatile stocks in US Market | 16.4% |
| 10% least volatile stocks in US Market | 3.0% |
Stable Share Price: TCPC has not had significant price volatility in the past 3 months.
Volatility Over Time: TCPC's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2012 | n/a | Raj Vig | 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
| TCPC fundamental statistics | |
|---|---|
| Market cap | US$862.76m |
| Earnings (TTM) | US$38.47m |
| Revenue (TTM) | US$209.33m |
22.6x
P/E Ratio4.1x
P/S RatioIs TCPC overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| TCPC income statement (TTM) | |
|---|---|
| Revenue | US$209.33m |
| Cost of Revenue | US$0 |
| Gross Profit | US$209.33m |
| Other Expenses | US$170.85m |
| Earnings | US$38.47m |
Last Reported Earnings
Dec 31, 2023
Next Earnings Date
May 01, 2024
| Earnings per share (EPS) | 0.45 |
| Gross Margin | 100.00% |
| Net Profit Margin | 18.38% |
| Debt/Equity Ratio | 143.3% |
How did TCPC perform over the long term?
See historical performance and comparison