BlackRock TCP Capital Corp's fundamentals are relatively very healthy, and its growth potential is high.Its valuation is considered fairly valued, ranking 64/116 in the Investment Banking & Investment Services industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Hold, with the highest price target at 6.50.In the medium term, the stock price is expected to trend down.Despite a weak stock market performance over the past month, the company shows strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
BlackRock TCP Capital Corp's Score
Industry at a Glance
Industry Ranking
64 / 116
Overall Ranking
196 / 4563
Industry
Investment Banking & Investment Services
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Analyst Rating
Based on
4
analysts
Hold
Current Rating
6.500
Target Price
+6.38%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
BlackRock TCP Capital Corp Highlights
StrengthsRisks
BlackRock TCP Capital Corp. is an externally managed, closed-end, non-diversified management investment company. The Company is a specialty finance company focused on direct lending to middle-market companies as well as small businesses. The Company’s investment objective is to achieve high total returns through current income and capital appreciation, with an emphasis on principal protection. It invests primarily in the debt of middle-market companies as well as small businesses, including senior secured loans, junior loans, mezzanine debt and bonds. Such investments may include an equity component, and, to a lesser extent, it may make equity investments directly. It invests in various industries, including automobiles, Internet software and service, software, diversified financial services, diversified consumer services, health care technology, healthcare providers and services, media, construction and engineering, and real estate management and development, among others.
Growing
The company is in a growing phase, with the latest annual income totaling USD 64.54M.
High Profit Growth
The company's net income leads the industry, with the latest annual income totaling USD 64.54M.
Turnaround to Loss
The company's performance has turned to a loss, with the latest annual loss of USD .
Undervalued
The company’s latest PB is 0.62, at a low 3-year percentile range.
Institutional Selling
The latest institutional holdings are 21.17M shares, decreasing 14.50% quarter-over-quarter.
BlackRock TCP Capital Corp. is an externally managed, closed-end, non-diversified management investment company. The Company is a specialty finance company focused on direct lending to middle-market companies as well as small businesses. The Company’s investment objective is to achieve high total returns through current income and capital appreciation, with an emphasis on principal protection. It invests primarily in the debt of middle-market companies as well as small businesses, including senior secured loans, junior loans, mezzanine debt and bonds. Such investments may include an equity component, and, to a lesser extent, it may make equity investments directly. It invests in various industries, including automobiles, Internet software and service, software, diversified financial services, diversified consumer services, health care technology, healthcare providers and services, media, construction and engineering, and real estate management and development, among others.
Ticker SymbolTCPC
CompanyBlackRock TCP Capital Corp
CEOTseng (Philip M)
Websitehttps://www.tcpcapital.com/
FAQs
What is the current price of BlackRock TCP Capital Corp (TCPC)?
The current price of BlackRock TCP Capital Corp (TCPC) is 5.440.
What is the symbol of BlackRock TCP Capital Corp?
The ticker symbol of BlackRock TCP Capital Corp is TCPC.
What is the 52-week high of BlackRock TCP Capital Corp?
The 52-week high of BlackRock TCP Capital Corp is 9.330.
What is the 52-week low of BlackRock TCP Capital Corp?
The 52-week low of BlackRock TCP Capital Corp is 5.290.
What is the market capitalization of BlackRock TCP Capital Corp?
The market capitalization of BlackRock TCP Capital Corp is 462.46M.
What is the net income of BlackRock TCP Capital Corp?
The net income of BlackRock TCP Capital Corp is -63.14M.
Is BlackRock TCP Capital Corp (TCPC) currently rated as Buy, Hold, or Sell?
According to analysts, BlackRock TCP Capital Corp (TCPC) has an overall rating of Hold, with a price target of 6.500.
What is the Earnings Per Share (EPS TTM) of BlackRock TCP Capital Corp (TCPC)?
The Earnings Per Share (EPS TTM) of BlackRock TCP Capital Corp (TCPC) is -0.131.