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How to buy BlackRock TCP Capital (TCPC) stocks in Canada

Learn how to easily invest in BlackRock TCP Capital stocks.

BlackRock TCP Capital is an asset management business based in the US. BlackRock TCP Capital stocks (TCPC.US) are listed on the NASDAQ and all prices are listed in US Dollars. Its last market close was $13.77 – a decrease of 3.22% over the previous week. BlackRock TCP Capital employs 0 staff and has a trailing 12-month revenue of around $168.4 million.

How to buy shares in BlackRock TCP Capital

  1. Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol – TCPC – and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
  6. Check in on your investment. Optimize your portfolio by tracking your stock.

BlackRock TCP Capital stock price (NASDAQ:TCPC)

Use our graph to track the performance of TCPC stocks over time.

BlackRock TCP Capital shares at a glance

Information last updated 2022-01-17.
Latest market close$13.23
52-week range$10.39 - $14.19
50-day moving average $13.67
200-day moving average $14.10
Wall St. target price$15.18
PE ratio 5.2923
Dividend yield $1.2 (8.78%)
Earnings per share (TTM) $2.58

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Is it a good time to buy BlackRock TCP Capital stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

BlackRock TCP Capital price performance over time

Historical closes compared with the close of $13.23 from 2022-01-21

1 week (2022-01-14) -3.22%
1 month (2021-12-23) -2.14%
3 months (2021-10-22) -7.55%
6 months (2021-07-23) -5.90%
1 year (2021-01-22) 11.27%
2 years (2020-01-24) -6.83%
3 years (2019-01-24) 14.23
5 years (2017-01-24) 16.94

Is BlackRock TCP Capital under- or over-valued?

Valuing BlackRock TCP Capital stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of BlackRock TCP Capital's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

BlackRock TCP Capital's P/E ratio

BlackRock TCP Capital's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 5x. In other words, BlackRock TCP Capital shares trade at around 5x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

BlackRock TCP Capital's PEG ratio

BlackRock TCP Capital's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 0.8611. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into BlackRock TCP Capital's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

BlackRock TCP Capital financials

Revenue TTM $168.4 million
Operating margin TTM 68.96%
Gross profit TTM $172.1 million
Return on assets TTM 4.12%
Return on equity TTM 19.27%
Profit margin 88.59%
Book value $14.10
Market capitalisation $789.7 million

TTM: trailing 12 months

BlackRock TCP Capital share dividends

93%

Dividend payout ratio: 92.78% of net profits

Recently BlackRock TCP Capital has paid out, on average, around 92.78% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 8.78% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), BlackRock TCP Capital shareholders could enjoy a 8.78% return on their shares, in the form of dividend payments. In BlackRock TCP Capital's case, that would currently equate to about $1.2 per share.

BlackRock TCP Capital's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.

BlackRock TCP Capital's most recent dividend payout was on 30 December 2021. The latest dividend was paid out to all shareholders who bought their shares by 15 December 2021 (the "ex-dividend date").

BlackRock TCP Capital share price volatility

Over the last 12 months, BlackRock TCP Capital's shares have ranged in value from as little as $10.387 up to $14.1852. A popular way to gauge a stock's volatility is its "beta".

TCPC.US volatility(beta: 1.71)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while BlackRock TCP Capital's is 1.7111. This would suggest that BlackRock TCP Capital's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

BlackRock TCP Capital overview

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. .

Frequently asked questions

Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading CFDs and forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

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