In the pursuit of market outperformance, investors navigate the landscape of stock selection. The right picks can play a pivotal role in enhancing your wealth.
In the latest session, BlackRock TCP Capital Corp (NASDAQ: TCPC) closed at $7.74 down -3.73% from its previous closing price of $8.04. In other words, the price has decreased by -$3.73 from its previous closing price. On the day, 1.0 million shares were traded. TCPC stock price reached its highest trading level at $7.91 during the session, while it also had its lowest trading level at $7.74.
Ratios:
For a deeper understanding of BlackRock TCP Capital Corp’s stock, let’s take a closer look at its various ratios.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Wells Fargo on August 26, 2024, Downgraded its rating to Underweight and sets its target price to $8 from $8.50 previously.
Oppenheimer Downgraded its Outperform to Perform on March 06, 2024, whereas the target price for the stock was revised from $13 to $11.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Mar 14 ’25 when Wolfe Patrick bought 6,100 shares for $8.12 per share. The transaction valued at 49,508 led to the insider holds 8,003 shares of the business.
Worrell August Daniel bought 10,000 shares of TCPC for $80,568 on Mar 11 ’25. The Co-Chief Investment Officer now owns 33,500 shares after completing the transaction at $8.06 per share. On Mar 12 ’25, another insider, Mehring Jason, who serves as the President of the company, bought 2,400 shares for $8.13 each. As a result, the insider paid 19,522 and bolstered with 22,442 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, TCPC now has a Market Capitalization of 658498240 and an Enterprise Value of 1685980672. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.54 while its Price-to-Book (P/B) ratio in mrq is 0.84. Its current Enterprise Value per Revenue stands at 6.499.
Stock Price History:
The Beta on a monthly basis for TCPC is 1.27, which has changed by -0.23366338 over the last 52 weeks, in comparison to a change of 0.09589827 over the same period for the S&P500. Over the past 52 weeks, TCPC has reached a high of $11.33, while it has fallen to a 52-week low of $7.59. The 50-Day Moving Average of the stock is -11.90%, while the 200-Day Moving Average is calculated to be -15.36%.
Shares Statistics:
For the past three months, TCPC has traded an average of 667.16K shares per day and 916150 over the past ten days. A total of 85.08M shares are outstanding, with a floating share count of 84.76M. Insiders hold about 0.33% of the company’s shares, while institutions hold 22.57% stake in the company. Shares short for TCPC as of 1740700800 were 1009211 with a Short Ratio of 1.51, compared to 1738281600 on 1021211. Therefore, it implies a Short% of Shares Outstanding of 1009211 and a Short% of Float of 1.1900000000000002.
Dividends & Splits
According to the company, the forward annual dividend rate for TCPC is 1.34, from 1.36 in the trailing year. Against a Trailing Annual Dividend Yield of 0.1745828The stock’s 5-year Average Dividend Yield is 11.73.
