Blackrock Tcp Capital Stock Today
| TCPC Stock | USD 10.02 0.01 0.1% |
Performance0 of 100
| Odds Of DistressLess than 9
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BlackRock TCP is trading at 10.02 as of the 24th of April 2024, a -0.1 percent decrease since the beginning of the trading day. The stock's open price was 10.03. BlackRock TCP has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for BlackRock TCP Capital are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of March 2024 and ending today, the 24th of April 2024. Click here to learn more.
Business Domain Financial Services | IPO Date 4th of April 2012 | Classification Financials |
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. The company has 85.59 M outstanding shares of which 833.5 K shares are at this time shorted by private and institutional investors with about 1.1 trading days to cover. More on BlackRock TCP Capital
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BlackRock Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. BlackRock TCP's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding BlackRock TCP or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman of the Board, CEO | Howard Levkowitz | ||||
| Business Concentration | Asset Management & Custody Banks, Financial Services, Financials, Capital Markets, Asset Management, Financial Services (View all Sectors) | ||||
| Average Analyst Recommendation Analysts covering BlackRock TCP report their recommendations after researching BlackRock TCP's financial statements, talking to executives and customers, or listening in on BlackRock TCP's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering BlackRock TCP Capital. The BlackRock consensus assessment is calculated by taking the average forecast from all of the analysts covering BlackRock TCP. | |||||
BlackRock TCP's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to BlackRock TCP's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. BlackRock TCP's bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of BlackRock TCP's outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest. Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand BlackRock TCP's financial leverage. It provides some insight into what part of BlackRock TCP's total assets is financed by creditors.
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BlackRock TCP Capital (TCPC) is traded on NASDAQ Exchange in USA. It is located in 2951 28th Street, Santa Monica, CA, United States, 90405 and employs 25 people. BlackRock TCP is listed under Asset Management & Custody Banks category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 858.48 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate BlackRock TCP's market, we take the total number of its shares issued and multiply it by BlackRock TCP's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. BlackRock TCP Capital conducts business under Capital Markets sector and is part of Financials industry. The entity has 85.59 M outstanding shares of which 833.5 K shares are at this time shorted by private and institutional investors with about 1.1 trading days to cover.
BlackRock TCP Capital currently holds about 49.43 M in cash with 89.48 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.86.
Check BlackRock TCP Probability Of Bankruptcy
Ownership AllocationBlackRock TCP holds a total of 85.59 Million outstanding shares. Almost 85.0 percent of BlackRock TCP outstanding shares are held by general public with 0.27 (percent) owned by insiders and only 15.12 % by other corporate entities. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check BlackRock Ownership Details
BlackRock Stock Price Odds Analysis
What are BlackRock TCP's target price odds to finish over the current price? Based on a normal probability distribution, the odds of BlackRock TCP jumping above the current price in 90 days from now is about 87.83%. The BlackRock TCP Capital probability density function shows the probability of BlackRock TCP stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days BlackRock TCP has a beta of 0.4603. This usually implies as returns on the market go up, BlackRock TCP average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding BlackRock TCP Capital will be expected to be much smaller as well. Additionally, blackRock TCP Capital has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of BlackRock TCP to move above the current price in 90 days from now is about 87.83 (This BlackRock TCP Capital probability density function shows the probability of BlackRock Stock to fall within a particular range of prices over 90 days) .
BlackRock Stock Institutional Holders
Institutional Holdings refers to the ownership stake in BlackRock TCP that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of BlackRock TCP's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing BlackRock TCP's value.| Instituion | Recorded On | Shares | |
| Confluence Investment Management Llc | 2023-09-30 | 395.2 K | |
| Davidson D A & Co | 2023-12-31 | 382.6 K | |
| Fort Washington Investment Advisors Inc | 2023-12-31 | 373.4 K | |
| Raymond James & Associates | 2023-12-31 | 292.4 K | |
| Lsv Asset Management | 2023-12-31 | 278.3 K | |
| Ubs Group Ag | 2023-12-31 | 246 K | |
| Lpl Financial Corp | 2023-12-31 | 210.9 K | |
| Goldman Sachs Group Inc | 2023-12-31 | 205.3 K | |
| Advisors Asset Management | 2023-12-31 | 203.2 K | |
| Van Eck Associates Corporation | 2023-12-31 | 1.1 M | |
| Amvescap Plc. | 2023-12-31 | 736.3 K |
BlackRock TCP Historical Income Statement
BlackRock TCP Capital Income Statement is one of the three primary financial statements used for reporting BlackRock's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of BlackRock TCP Capital revenue and expense. BlackRock TCP Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, BlackRock TCP's Other Operating Expenses is projected to increase significantly based on the last few years of reporting. The current year's EBIT is expected to grow to about 252.9 M, whereas Depreciation And Amortization is projected to grow to (146.9 M). View More FundamentalsBlackRock Stock Against Markets
Picking the right benchmark for BlackRock TCP stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in BlackRock TCP stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for BlackRock TCP is critical whether you are bullish or bearish towards BlackRock TCP Capital at a given time. Please also check how BlackRock TCP's historical prices are related to one of the top price index indicators.
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Our tools can tell you how much better you can do entering a position in BlackRock TCP without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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BlackRock TCP Corporate Directors
BlackRock TCP corporate directors refer to members of a BlackRock TCP board of directors. The board of directors generally takes responsibility for the BlackRock TCP's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of BlackRock TCP's board members must vote for the resolution. The BlackRock TCP board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Kathleen Corbet | Independent Director | Profile | |
| Karyn Williams | Independent Director | Profile | |
| Peter Schwab | Independent Director | Profile | |
| Brian Wruble | Independent Director | Profile |
How to buy BlackRock Stock?
Before investing in BlackRock TCP, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in BlackRock TCP. To buy BlackRock TCP stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of BlackRock TCP. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase BlackRock TCP stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located BlackRock TCP Capital stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased BlackRock TCP Capital stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as BlackRock TCP Capital, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy BlackRock Stock please use our How to Invest in BlackRock TCP guide.
Already Invested in BlackRock TCP Capital?
The danger of trading BlackRock TCP Capital is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of BlackRock TCP is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than BlackRock TCP. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile BlackRock TCP Capital is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether BlackRock TCP Capital offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of BlackRock TCP's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Blackrock Tcp Capital Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Blackrock Tcp Capital Stock: Check out World Market Map to better understand how to build diversified portfolios, which includes a position in BlackRock TCP Capital. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey. You can also try the CEOs Directory module to screen CEOs from public companies around the world.
Complementary Tools for BlackRock Stock analysis
When running BlackRock TCP's price analysis, check to measure BlackRock TCP's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy BlackRock TCP is operating at the current time. Most of BlackRock TCP's value examination focuses on studying past and present price action to predict the probability of BlackRock TCP's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BlackRock TCP's price. Additionally, you may evaluate how the addition of BlackRock TCP to your portfolios can decrease your overall portfolio volatility.
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Is BlackRock TCP's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of BlackRock TCP. If investors know BlackRock will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about BlackRock TCP listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.51) | Dividend Share 1.34 | Earnings Share 0.67 | Revenue Per Share 3.624 | Quarterly Revenue Growth 0.089 |
The market value of BlackRock TCP Capital is measured differently than its book value, which is the value of BlackRock that is recorded on the company's balance sheet. Investors also form their own opinion of BlackRock TCP's value that differs from its market value or its book value, called intrinsic value, which is BlackRock TCP's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because BlackRock TCP's market value can be influenced by many factors that don't directly affect BlackRock TCP's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between BlackRock TCP's value and its price as these two are different measures arrived at by different means. Investors typically determine if BlackRock TCP is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BlackRock TCP's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.