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Financial Services - Asset Management - NASDAQ - US
$ 8.44
0 %
$ 718 M
Market Cap
-10.68
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Mar, 2, 2025.

The intrinsic value of one TCPC stock under the worst case scenario is HIDDEN Compared to the current market price of 8.44 USD, BlackRock TCP Capital Corp. is HIDDEN

This DCF valuation model was last updated on Mar, 2, 2025.

The intrinsic value of one TCPC stock under the base case scenario is HIDDEN Compared to the current market price of 8.44 USD, BlackRock TCP Capital Corp. is HIDDEN

This DCF valuation model was last updated on Mar, 2, 2025.

The intrinsic value of one TCPC stock under the best case scenario is HIDDEN Compared to the current market price of 8.44 USD, BlackRock TCP Capital Corp. is HIDDEN

2. FUNDAMENTAL ANALYSIS
FINANCIALS
209 M REVENUE
15.65%
155 M OPERATING INCOME
20.98%
38.5 M NET INCOME
517.05%
92.5 M OPERATING CASH FLOW
-54.67%
0 INVESTING CASH FLOW
0.00%
-62.6 M FINANCING CASH FLOW
55.59%
70.9 M REVENUE
-0.83%
33.9 M OPERATING INCOME
-39.02%
21.6 M NET INCOME
142.19%
102 M OPERATING CASH FLOW
262.04%
70.1 M INVESTING CASH FLOW
20.21%
-192 M FINANCING CASH FLOW
-1459.09%
Balance Sheet BlackRock TCP Capital Corp.
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Current Assets 140 M
Cash & Short-Term Investments 112 M
Receivables 25.7 M
Other Current Assets 2.27 M
Non-Current Assets 1.56 B
Long-Term Investments 1.55 B
PP&E 0
Other Non-Current Assets 3.67 M
Current Liabilities 26 M
Accounts Payable 960 K
Short-Term Debt 0
Other Current Liabilities 25 M
Non-Current Liabilities 985 M
Long-Term Debt 985 M
Other Non-Current Liabilities 0
EFFICIENCY
Earnings Waterfall BlackRock TCP Capital Corp.
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Revenue 209 M
Cost Of Revenue 0
Gross Profit 209 M
Operating Expenses 54.7 M
Operating Income 155 M
Other Expenses 116 M
Net Income 38.5 M
RATIOS
100.00% GROSS MARGIN
100.00%
73.86% OPERATING MARGIN
73.86%
18.38% NET MARGIN
18.38%
5.60% ROE
5.60%
2.26% ROA
2.26%
9.18% ROIC
9.18%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis BlackRock TCP Capital Corp.
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Net Income 38.5 M
Depreciation & Amortization -155 M
Capital Expenditures 0
Stock-Based Compensation 0
Change in Working Capital -3.92 M
Others 54 M
Free Cash Flow 92.5 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets BlackRock TCP Capital Corp.
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Wall Street analysts predict an average 1-year price target for TCPC of $8.25 , with forecasts ranging from a low of $8 to a high of $8.5 .
TCPC Lowest Price Target Wall Street Target
8 USD -5.21%
TCPC Average Price Target Wall Street Target
8.25 USD -2.25%
TCPC Highest Price Target Wall Street Target
8.5 USD 0.71%
4. DIVIDEND ANALYSIS
4.10% DIVIDEND YIELD
0.44 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership BlackRock TCP Capital Corp.
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Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
333 K USD 4
3-6 MONTHS
335 K USD 3
6-9 MONTHS
10.9 K USD 1
9-12 MONTHS
Date Value Insider Amount Avg Price
3 months ago
Nov 27, 2024
Bought 41.8 K USD
Mehring Jason
President
+ 4500
9.3 USD
3 months ago
Nov 26, 2024
Bought 136 K USD
Worrell August Daniel
Co-Chief Investment Officer
+ 15000
9.1 USD
5 months ago
Sep 10, 2024
Bought 91 K USD
Tseng Philip M
Director and President
+ 10000
9.1 USD
5 months ago
Sep 06, 2024
Bought 45.4 K USD
Tseng Philip M
Director and President
+ 5000
9.07 USD
6 months ago
Aug 29, 2024
Bought 227 K USD
Vig Rajneesh
CEO and Chairman of the Board
+ 25000
9.09 USD
5 months ago
Sep 03, 2024
Bought 17.4 K USD
DRAUT ERIC JOHN
Director
+ 1900
9.145 USD
6 months ago
Aug 30, 2024
Bought 909 USD
DRAUT ERIC JOHN
Director
+ 100
9.09 USD
8 months ago
Jun 07, 2024
Bought 57.4 K USD
Petro Andrea
Director
+ 5000
11.49 USD
8 months ago
Jun 06, 2024
Bought 50.3 K USD
Leets Karen L
Director
+ 4380
11.49 USD
9 months ago
May 28, 2024
Bought 10.9 K USD
DRAUT ERIC JOHN
Director
+ 1000
10.89 USD
3 years ago
Nov 30, 2021
Bought 1.99 K USD
Williams Karyn Leigh
Director
+ 150
13.28 USD
3 years ago
Dec 01, 2021
Bought 100 K USD
Vig Rajneesh
CEO
+ 7500
13.38 USD
3 years ago
Nov 22, 2021
Bought 3.41 K USD
Cuellar Erik L.
CFO
+ 250
13.6268 USD
3 years ago
Nov 10, 2021
Bought 32.3 K USD
Petro Andrea
Director
+ 2300
14.0568 USD
4 years ago
Nov 16, 2020
Bought 35.7 K USD
Petro Andrea
Director
+ 3200
11.16 USD
4 years ago
Nov 11, 2020
Bought 67.5 K USD
LEVKOWITZ HOWARD
CEO
+ 6173
10.94 USD
4 years ago
Nov 11, 2020
Bought 151 K USD
LEVKOWITZ HOWARD
CEO
+ 13827
10.95 USD
4 years ago
Aug 28, 2020
Bought 763 USD
Petro Andrea
Director
+ 77
9.9075 USD
4 years ago
Aug 28, 2020
Bought 1.98 K USD
Petro Andrea
Director
+ 200
9.905 USD
4 years ago
Aug 28, 2020
Bought 10.4 K USD
Petro Andrea
Director
+ 1046
9.91 USD
4 years ago
Aug 27, 2020
Bought 9.82 K USD
CORBET KATHLEEN A
Director
+ 1000
9.8226 USD
4 years ago
Mar 16, 2020
Bought 7.51 K USD
Davis Paul L
CFO
+ 1000
7.5075 USD
4 years ago
Mar 16, 2020
Bought 8.15 K USD
Davis Paul L
CFO
+ 1000
8.15 USD
4 years ago
Mar 16, 2020
Bought 8.19 K USD
Davis Paul L
CFO
+ 1000
8.1936 USD
4 years ago
Mar 16, 2020
Bought 83.1 K USD
Vig Rajneesh
COO
+ 10000
8.3112 USD
4 years ago
Mar 12, 2020
Bought 10.3 K USD
Davis Paul L
CFO
+ 1000
10.255 USD
4 years ago
Mar 11, 2020
Bought 23.2 K USD
Davis Paul L
CFO
+ 2000
11.6 USD
4 years ago
Mar 09, 2020
Bought 37.3 K USD
Davis Paul L
CFO
+ 3000
12.43 USD
5 years ago
Feb 28, 2020
Bought 6.43 K USD
Davis Paul L
CFO
+ 500
12.86 USD
5 years ago
Feb 28, 2020
Bought 12.9 K USD
Davis Paul L
CFO
+ 1000
12.9081 USD
5 years ago
Feb 28, 2020
Bought 64.8 K USD
Wruble Brian F
Director
+ 5000
12.96 USD
5 years ago
Feb 28, 2020
Bought 64.8 K USD
Wruble Brian F
Director
+ 5000
12.96 USD
5 years ago
Sep 04, 2019
Bought 15.9 K USD
Leitner Michael E
Authorized Person
+ 1196
13.31 USD
5 years ago
Sep 04, 2019
Bought 108 K USD
Leitner Michael E
Authorized Person
+ 8139
13.317 USD
5 years ago
Sep 04, 2019
Bought 75.3 K USD
Leitner Michael E
Authorized Person
+ 5665
13.3 USD
5 years ago
Sep 05, 2019
Bought 13.3 K USD
LEVKOWITZ HOWARD
CEO
+ 1000
13.2909 USD
5 years ago
Sep 05, 2019
Bought 120 K USD
LEVKOWITZ HOWARD
CEO
+ 9000
13.2933 USD
6 years ago
Dec 21, 2018
Bought 129 K USD
Vig Rajneesh
President and COO
+ 10000
12.92 USD
6 years ago
Dec 21, 2018
Bought 13 K USD
DRAUT ERIC JOHN
Director
+ 1000
12.96 USD
6 years ago
Dec 21, 2018
Bought 64.4 K USD
LEVKOWITZ HOWARD
CEO
+ 5000
12.88 USD
6 years ago
Dec 21, 2018
Bought 3.84 K USD
Davis Paul L
CFO
+ 300
12.81 USD
6 years ago
Dec 21, 2018
Bought 11.6 K USD
Davis Paul L
CFO
+ 900
12.86 USD
6 years ago
Dec 21, 2018
Bought 11.6 K USD
Davis Paul L
CFO
+ 900
12.87 USD
6 years ago
Dec 21, 2018
Bought 11.6 K USD
Davis Paul L
CFO
+ 900
12.92 USD
6 years ago
Dec 07, 2018
Bought 28.5 K USD
Davis Paul L
CFO
+ 2000
14.24 USD
6 years ago
Nov 30, 2018
Bought 43.1 K USD
CORBET KATHLEEN A
Director
+ 3000
14.36 USD
6 years ago
Nov 16, 2018
Bought 27.8 K USD
Davis Paul L
CFO
+ 2000
13.894 USD
6 years ago
Nov 16, 2018
Bought 27.8 K USD
Davis Paul L
CFO
+ 2000
13.89 USD
6 years ago
Nov 16, 2018
Bought 10 K USD
Williams Karyn Leigh
Director
+ 725
13.837 USD
6 years ago
Nov 16, 2018
Bought 69.4 K USD
LEVKOWITZ HOWARD
CEO
+ 5000
13.8856 USD
6 years ago
Nov 16, 2018
Bought 97.4 K USD
Vig Rajneesh
President and COO
+ 7000
13.916 USD
7 years ago
Feb 09, 2018
Bought 72.4 K USD
LEVKOWITZ HOWARD
CEO
+ 5000
14.4746 USD
7 years ago
Feb 06, 2018
Bought 43.8 K USD
HOLDSWORTH MARK
Authorized Person
+ 2986
14.6805 USD
7 years ago
Feb 06, 2018
Bought 29.2 K USD
HOLDSWORTH MARK
Authorized Person
+ 2014
14.4998 USD
7 years ago
Feb 05, 2018
Bought 14.2 K USD
DRAUT ERIC JOHN
Director
+ 1000
14.23 USD
7 years ago
Feb 02, 2018
Bought 75.3 K USD
Vig Rajneesh
COO
+ 5000
15.0643 USD
7 years ago
Jan 31, 2018
Bought 76.3 K USD
Wruble Brian F
Director
+ 5000
15.26 USD
7 years ago
Jan 30, 2018
Bought 107 K USD
LEVKOWITZ HOWARD
CEO
+ 7000
15.289 USD
7 years ago
Jan 30, 2018
Bought 13.7 K USD
LEVKOWITZ HOWARD
CEO
+ 900
15.215 USD
7 years ago
Jan 30, 2018
Bought 16.7 K USD
LEVKOWITZ HOWARD
CEO
+ 1100
15.225 USD
7 years ago
Jan 30, 2018
Bought 38 K USD
CORBET KATHLEEN A
Director
+ 2500
15.2166 USD
7 years ago
Jun 23, 2017
Bought 83.1 K USD
Wruble Brian F
Director
+ 5000
16.621 USD
7 years ago
Jun 23, 2017
Bought 83.2 K USD
Wruble Brian F
Director
+ 5000
16.637 USD
7 years ago
Apr 20, 2017
Bought 57.9 K USD
CORBET KATHLEEN A
Director
+ 3500
16.54 USD
9 years ago
Mar 15, 2015
Bought 84.7 K USD
Wruble Brian F
Director
+ 5000
16.9499 USD
8 years ago
May 27, 2016
Bought 7.24 K USD
Davis Paul L
CFO of Issuer and Advisor
+ 500
14.48 USD
8 years ago
May 20, 2016
Bought 72.7 K USD
LEVKOWITZ HOWARD
CEO
+ 5000
14.5419 USD
9 years ago
Jan 22, 2016
Bought 9.32 K USD
DRAUT ERIC JOHN
Director
+ 709
13.15 USD
9 years ago
Jan 22, 2016
Bought 3.72 K USD
DRAUT ERIC JOHN
Director
+ 291
12.77 USD
9 years ago
Jan 22, 2016
Bought 64.4 K USD
LEVKOWITZ HOWARD
CEO
+ 5000
12.8736 USD
9 years ago
Jan 22, 2016
Bought 51.1 K USD
Leitner Michael E
+ 4000
12.77 USD
9 years ago
Jan 22, 2016
Bought 6.49 K USD
Vig Rajneesh
President and COO
+ 500
12.9799 USD
9 years ago
Jan 22, 2016
Bought 36.3 K USD
Vig Rajneesh
President and COO
+ 2800
12.9632 USD
9 years ago
Jan 22, 2016
Bought 1.3 K USD
Vig Rajneesh
President and COO
+ 100
12.96 USD
9 years ago
Jan 22, 2016
Bought 7.77 K USD
Vig Rajneesh
President and COO
+ 600
12.95 USD
9 years ago
Jan 22, 2016
Bought 38.6 K USD
Wruble Brian F
Director
+ 3000
12.86 USD
9 years ago
Dec 18, 2015
Bought 40.8 K USD
Schwab Peter E
Director
+ 2900
14.08 USD
9 years ago
Dec 18, 2015
Bought 5.62 K USD
Schwab Peter E
Director
+ 400
14.06 USD
9 years ago
Dec 18, 2015
Bought 2.81 K USD
Schwab Peter E
Director
+ 200
14.03 USD
9 years ago
Dec 18, 2015
Bought 42 K USD
LEVKOWITZ HOWARD
Chairman & CEO
+ 3000
14 USD
9 years ago
Dec 11, 2015
Bought 7.2 K USD
DRAUT ERIC JOHN
Director
+ 500
14.39 USD
9 years ago
Dec 11, 2015
Bought 7.22 K USD
DRAUT ERIC JOHN
Director
+ 500
14.44 USD
9 years ago
Nov 16, 2015
Bought 62.6 K USD
LEVKOWITZ HOWARD
Chairman & CEO
+ 4102
15.2671 USD
9 years ago
Nov 16, 2015
Bought 12.1 K USD
LEVKOWITZ HOWARD
Chairman & CEO
+ 798
15.2 USD
9 years ago
Nov 16, 2015
Bought 1.52 K USD
LEVKOWITZ HOWARD
Chairman & CEO
+ 100
15.15 USD
9 years ago
Nov 11, 2015
Bought 90.8 K USD
Wruble Brian F
Director
+ 6000
15.14 USD
9 years ago
Sep 28, 2015
Bought 7.1 K USD
DRAUT ERIC JOHN
Director
+ 500
14.2 USD
9 years ago
Sep 28, 2015
Bought 14.2 K USD
Davis Paul L
CFO of Issuer and Advisor
+ 1000
14.2399 USD
9 years ago
Sep 14, 2015
Bought 55.9 K USD
Vig Rajneesh
President and COO
+ 3750
14.9 USD
9 years ago
Aug 24, 2015
Bought 7.38 K USD
DRAUT ERIC JOHN
Director
+ 500
14.77 USD
9 years ago
Jun 29, 2015
Bought 7.66 K USD
DRAUT ERIC JOHN
Director
+ 500
15.3199 USD
9 years ago
Jun 26, 2015
Bought 76.9 K USD
LEVKOWITZ HOWARD
CEO/Afficer of Advisor
+ 5000
15.38 USD
9 years ago
May 11, 2015
Bought 23.2 K USD
LEVKOWITZ HOWARD
CEO/Officer of Advisor
+ 1499
15.5 USD
10 years ago
Oct 15, 2014
Bought 77 K USD
Schwab Peter E
Director
+ 5000
15.41 USD
11 years ago
Oct 28, 2013
Sell 33.5 K USD
Schwab Peter E
Director
- 2000
16.7445 USD
10 years ago
Oct 15, 2014
Bought 1.52 K USD
Vig Rajneesh
President and COO
+ 100
15.19 USD
10 years ago
Oct 15, 2014
Bought 44 K USD
Vig Rajneesh
President and COO
+ 2900
15.1852 USD
10 years ago
Oct 15, 2014
Bought 77 K USD
Schwab Peter E
Director
+ 5000
15.41 USD
10 years ago
Oct 15, 2014
Bought 15.2 K USD
DRAUT ERIC JOHN
Director
+ 1000
15.21 USD
10 years ago
Oct 15, 2014
Bought 15.2 K USD
Greenwood Elizabeth
CCO and Secretary
+ 1000
15.205 USD
10 years ago
Oct 10, 2014
Bought 31.4 K USD
HOLDSWORTH MARK
Authorized Person
+ 2000
15.7172 USD
10 years ago
Oct 09, 2014
Bought 47.6 K USD
HOLDSWORTH MARK
Authorized Person
+ 3000
15.8727 USD
10 years ago
May 13, 2014
Bought 4.22 K USD
JOHNSON FRANKLIN
Director
+ 265
15.92 USD
10 years ago
May 14, 2014
Bought 79.4 K USD
HOLDSWORTH MARK
Authorized Person
+ 5000
15.8768 USD
10 years ago
May 13, 2014
Bought 79.2 K USD
HOLDSWORTH MARK
Authorized Person
+ 5000
15.849 USD
10 years ago
May 13, 2014
Bought 19 K USD
Jaquez-Fissori Todd
Managing Director
+ 1200
15.81 USD
10 years ago
May 12, 2014
Bought 79.5 K USD
LEVKOWITZ HOWARD
CEO/Officer of Advisor
+ 5000
15.896 USD
11 years ago
Aug 19, 2013
Bought 30.3 K USD
Schwab Peter E
Director
+ 2000
15.1458 USD
11 years ago
Aug 19, 2013
Bought 15 K USD
DRAUT ERIC JOHN
Director
+ 1000
15.05 USD
11 years ago
Aug 16, 2013
Bought 50 K USD
JOHNSON FRANKLIN
Director
+ 3280
15.23 USD
11 years ago
Aug 13, 2013
Bought 76.2 K USD
LEVKOWITZ HOWARD
CEO/Officer of Advisor
+ 5000
15.25 USD
11 years ago
Aug 12, 2013
Bought 76.5 K USD
LEVKOWITZ HOWARD
CEO/Officer of Advisor
+ 5000
15.3 USD
11 years ago
Jun 05, 2013
Bought 50.1 K USD
JOHNSON FRANKLIN
Director
+ 3193
15.6989 USD
11 years ago
Mar 12, 2013
Bought 10.9 K USD
JOHNSON FRANKLIN
Director
+ 682
15.927 USD
12 years ago
Dec 17, 2012
Bought 33.9 K USD
LEVKOWITZ HOWARD
CEO/Officer of Advisor
+ 2300
14.7235 USD
12 years ago
Dec 12, 2012
Bought 40 K USD
HOLDSWORTH MARK
Authorized Person
+ 2702
14.8052 USD
12 years ago
Dec 11, 2012
Bought 108 K USD
HOLDSWORTH MARK
Authorized Person
+ 7298
14.8304 USD
12 years ago
Dec 07, 2012
Bought 149 K USD
LEVKOWITZ HOWARD
CEO/Officer of Advisor
+ 10000
14.8993 USD
12 years ago
Nov 28, 2012
Bought 150 K USD
Vig Rajneesh
President
+ 10000
14.99 USD
12 years ago
Jun 01, 2012
Bought 28.8 K USD
Davis Paul L
CFO of Issuer and Advisor
+ 2000
14.41 USD
12 years ago
Jun 01, 2012
Bought 14.3 K USD
Davis Paul L
CFO of Issuer and Advisor
+ 1000
14.31 USD
12 years ago
Jun 01, 2012
Bought 28.4 K USD
Davis Paul L
CFO of Issuer and Advisor
+ 2000
14.21 USD
12 years ago
May 24, 2012
Bought 13.8 K USD
Davis Paul L
CFO of Issuer and Advisor
+ 1000
13.8498 USD
12 years ago
May 23, 2012
Bought 13.9 K USD
Davis Paul L
CFO of Issuer and Advisor
+ 1000
13.91 USD
12 years ago
May 23, 2012
Bought 1.38 K USD
Davis Paul L
CFO of Issuer and Advisor
+ 100
13.76 USD
12 years ago
May 21, 2012
Bought 5.48 K USD
Davis Paul L
CFO of Issuer and Advisor
+ 400
13.69 USD
12 years ago
May 21, 2012
Bought 68.7 K USD
LEVKOWITZ HOWARD
CEO/Officer of Advisor
+ 5000
13.739 USD
12 years ago
May 21, 2012
Bought 13.6 K USD
DRAUT ERIC JOHN
Director
+ 1000
13.63 USD
12 years ago
May 18, 2012
Bought 21.4 K USD
DRAUT ERIC JOHN
Director
+ 1500
14.29 USD
12 years ago
May 17, 2012
Bought 26.5 K USD
DRAUT ERIC JOHN
Director
+ 1851
14.31 USD
12 years ago
May 17, 2012
Bought 101 K USD
Vig Rajneesh
President
+ 6900
14.69 USD
12 years ago
May 16, 2012
Bought 1.44 K USD
Vig Rajneesh
President
+ 100
14.4 USD
12 years ago
Apr 10, 2012
Bought 79.6 K USD
Leitner Michael E
+ 5400
14.75 USD
12 years ago
Apr 10, 2012
Bought 148 K USD
JOHNSON FRANKLIN
Director
+ 10000
14.75 USD
12 years ago
Apr 10, 2012
Bought 700 K USD
LEVKOWITZ HOWARD
CEO
+ 47451
14.75 USD
12 years ago
Apr 10, 2012
Bought 111 K USD
LEVKOWITZ HOWARD
CEO
+ 7500
14.75 USD
13 years ago
Aug 19, 2011
Bought 607 K USD
DRAUT ERIC JOHN
Director
+ 1083.819
560.5179 USD
7. News
Analysts Estimate BlackRock TCP (TCPC) to Report a Decline in Earnings: What to Look Out for BlackRock TCP (TCPC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations. zacks.com - 1 week ago
BlackRock TCP Capital Corp. to Report Fourth Quarter and Fiscal Year Ended December 31, 2024 Financial Results on February 27, 2025 SANTA MONICA, Calif.--(BUSINESS WIRE)--BlackRock TCP Capital Corp. (NASDAQ: TCPC) announced today that it will report its financial results for the fourth quarter and fiscal year ended December 31, 2024 on Thursday, February 27, 2025, 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, February 27, 2025, to discuss its financial results. All interested parties are invited to. businesswire.com - 1 month ago
Want Almost $14,000 per Year in Dependable Passive Income? Invest $25,000 in These 4 Stocks According to the Internal Revenue Service (IRS), passive income generally includes earnings from rental activity or any trade or business in which the individual does not materially participate. 247wallst.com - 1 month ago
Two 10%+ Yields For Durable Passive Income (One Is My Favorite Pick) Two 10%+ Yields For Durable Passive Income (One Is My Favorite Pick) seekingalpha.com - 1 month ago
Dividend Cut Alert: 1 REIT And 1 BDC With Unsustainable Yields REITs and BDCs are solid asset classes through which to facilitate income-oriented strategies. However, investors have to be still careful of not assuming excessive risks that might lead to unexpected dividend cuts. In this article, I share two high-yielding picks, where, in my view, the chances are high for experiencing a dividend cut in the foreseeable future. seekingalpha.com - 2 months ago
Invest In $95,000 BDC Portfolio For $10,000 Annual Income And Durable Compounding Private credit/BDC investments offer exposure to structural growth and a significant portfolio yield enhancement. Yet, we have to be extra careful of not falling into value traps and investing in unsustainable yields, which are abundant in the inherently risky sector. In this article, I share a BDC portfolio that has ~10.5% yield, healthier fundamentals than the average in the space, and, importantly, meaningful price appreciation potential. seekingalpha.com - 2 months ago
These 5 ‘Special' Dividends Are More Than One-Hit Wonders Today we'll discuss a 5.4% dividend that actually annualizes to 7%. A 5.7% payer that really dishes 12.4%. forbes.com - 2 months ago
Investing In BDCs For 10%+ Yields? This Is What Matters Now When investing for 10%+ BDC yields, investors have to pay extra attention to leverage, dividend coverage, and portfolio quality. Going into Q3, 2024 earnings season, my expectation was that we would see elevated volatility levels and falling NII results. While the actual results have been mostly positive for high-quality BDCs (and even for some speculative picks), many risks remain open. seekingalpha.com - 3 months ago
BDC Weekly Review: Tax-Loss Season Is Approaching We take a look at the action in business development companies through the second week of November and highlight some of the key themes we are watching. BDCs saw a 2% aggregate return on the week; TPVG surged nearly 20%, while PSEC dropped due to a bad quarter and distribution cut. Tax-loss season may pressure some securities; PSEC, HRZN, TPVG, TCPC, OCSL, GSBD, NMFC, and CSWC could weaken further by year-end. seekingalpha.com - 3 months ago
BlackRock TCP Capital Corp (TCPC) Q3 2024 Earnings Call Transcript 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. seekingalpha.com - 3 months ago
BlackRock TCP (TCPC) Misses Q3 Earnings Estimates 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. zacks.com - 3 months ago
8. Profile Summary

BlackRock TCP Capital Corp. TCPC

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COUNTRY US
INDUSTRY Asset Management
MARKET CAP $ 718 M
Dividend Yield 4.10%
Description BlackRock TCP Capital Corp. is a business development company specializing in direct equity and debt investments in middle-market, 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.
Contact 2951 28th Street, Santa Monica, CA, 90405 https://www.tcpcapital.com
IPO Date April 4, 2012
Employees None
Officers Mr. Jason A. Mehring President Ms. Ariel Hazzard Chief Compliance Officer Mr. Erik L. Cuellar CPA Chief Financial Officer & Controller Mr. Robert G. DiPaolo CPA Managing Director Mr. Dan Worrell Co-Chief Investment Officer Mr. Laurence D. Paredes Esq. Secretary Mr. Philip M. Tseng Chief Executive Officer, Co-Chief Investment Officer & Chairman Ms. Diana N. Huffman Esq. General Counsel Ms. Michaela Murray Investor Relations