BlackRock TCP Capital Corp TCPC
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
News
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BlackRock TCP Capital Corp. Announces Leadership Transitions
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BlackRock TCP Capital Corp. Announces Second Quarter 2024 Financial Results Including Net Investment Income of $0.42 Per Share; Declares Third Quarter Dividend of $0.34 Per Share; 49 Consecutive Quarters of Dividend Coverage
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BlackRock TCP Capital Corp. to Report Second Quarter Ended June 30, 2024 Financial Results on August 7, 2024
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Business development companies should withstand 2024 economic slowdown, but credit conditions will weaken, Fitch says
Trading Information
- Previous Close Price
- $8.16
- Day Range
- $8.04–8.16
- 52-Week Range
- $8.04–12.43
- Bid/Ask
- $8.05 / $8.10
- Market Cap
- $690.72 Mil
- Volume/Avg
- 278 / 564,266
Key Statistics
- Price/Earnings (Normalized)
- 12.35
- Price/Sales
- 7.82
- Dividend Yield (Trailing)
- 16.85%
- Dividend Yield (Forward)
- 16.85%
- Total Yield
- 16.85%
Company Profile
BlackRock TCP Capital Corp is an externally-managed specialty finance company focused on middle-market lending. Its investment objective is to achieve high total returns through current income and capital appreciation, with an emphasis on principal protection. It seeks to achieve investment objective through investments in debt securities of middle-market companies. The group generates returns through a combination of the receipt of contractual interest payments on debt investments and origination and similar fees, and, to a lesser extent, equity appreciation through options, warrants, conversion rights or direct equity investments.
- Sector
- Financial Services
- Industry
- Asset Management
- Stock Style Box
- Small Value
- Total Number of Employees
- 0
- Website
- https://www.tcpcapital.com
Comparables
Valuation
|
Metric
|
TCPC
|
MSCF
|
FRBP
|
|---|---|---|---|
Price/Earnings (Normalized) | 12.35 | 8.33 | — |
Price/Book Value | 0.79 | 0.77 | 0.76 |
Price/Sales | 7.82 | 3.33 | — |
Price/Cash Flow | 2.49 | 154.34 | — |
Price/Earnings
TCPC
MSCF
FRBP
Financial Strength
|
Metric
|
TCPC
|
MSCF
|
FRBP
|
|---|---|---|---|
Quick Ratio | — | — | — |
Current Ratio | — | — | — |
Interest Coverage | — | — | — |
Quick Ratio
No chart available
Profitability
|
Metric
|
TCPC
|
MSCF
|
FRBP
|
|---|---|---|---|
Return on Assets (Normalized) | −2.40% | 5.15% | — |
Return on Equity (Normalized) | −5.84% | 9.65% | — |
Return on Invested Capital (Normalized) | — | — | — |
Return on Assets
TCPC
MSCF
FRBP
Asset Management Industry Comparables
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|---|
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United States