| BlackRock TCP Capital Corp (TCPC) Q1 2025 Earnings Call Transcript |
BlackRock TCP Capital Corp (NASDAQ:TCPC ) Q1 2025 Earnings Conference Call May 8, 2025 12:00 PM ET Company Participants Michaela Murray - IR Phil Tseng - Chairman, Co-CIO and CEO Jason Mehring - President Erik Cuellar - CFO Dan Worrell - Co-CIO Patrick Wolfe - COO Conference Call Participants Christopher Nolan - Ladenburg Thalmann Robert Dodd - Raymond James Paul Johnson - KBW Operator Ladies and gentlemen, good afternoon. Welcome everyone to BlackRock TCP Capital Corp. Q1 2025 Earnings Call. |
seekingalpha.com |
2025-05-08 18:54:08 |
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| BlackRock TCP (TCPC) Tops Q1 Earnings Estimates |
BlackRock TCP (TCPC) came out with quarterly earnings of $0.36 per share, beating the Zacks Consensus Estimate of $0.34 per share. This compares to earnings of $0.45 per share a year ago. |
zacks.com |
2025-05-08 14:25:24 |
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| BlackRock TCP Capital Corp. Announces First Quarter 2025 Financial Results Including Net Investment Income of $0.38 Per Share; Declares a Second Quarter Regular Dividend of $0.25 Per Share and a Special Dividend of $0.04 Per Share |
SANTA MONICA, Calif.--(BUSINESS WIRE)--BlackRock TCP Capital Corp. (“we,” “us,” “our,” “TCPC” or the “Company”), a business development company (NASDAQ: TCPC), today announced its financial results for the first quarter ended March 31, 2025 and filed its Form 10-Q with the U.S. Securities and Exchange Commission. FINANCIAL HIGHLIGHTS On a GAAP basis, net investment income for the quarter ended March 31, 2025 was $32.2 million, or $0.38 per share on a diluted basis, which exceeded the regular di. |
businesswire.com |
2025-05-08 12:05:00 |
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| All That Glitters Is Not Gold, 2 BDCs To Avoid Before They Cut Again |
The BDC land consists of a small number of players, most of which have tiny market cap levels. Even though the asset class is relatively shallow and niche-like, we can still find some strong brand names operating here. Theoretically, this should provide an advantage in terms of accessing sizeable and high-quality private credit investments. |
seekingalpha.com |
2025-05-03 13:15:00 |
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| BDC Weekly Review: BDCs Plunge On Macro Fears |
We take a look at the action in business development companies through the first week of April and highlight some of the key themes we are watching. BDCs faced significant losses, with average returns around -9% on the week with valuations dropping below historical averages. Valuation uncertainty is high due to quarterly NAV declarations and systemic/idiosyncratic factors; estimated NAV drops are 2-3% from Q4 levels. |
seekingalpha.com |
2025-04-13 18:06:17 |
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| BlackRock TCP Capital Corp. to Report First Quarter Ended March 31, 2025 Financial Results on May 8, 2025 |
SANTA MONICA, Calif.--(BUSINESS WIRE)--BlackRock TCP Capital Corp. (NASDAQ: TCPC) announced today that it will report its financial results for the first quarter ended March 31, 2025 on Thursday, May 8, 2025, prior to the opening of the financial markets. BlackRock TCP Capital Corp. will also host a conference call at 12:00 p.m. Eastern Time (9:00 a.m. Pacific Time) on Thursday, May 8, 2025, to discuss its financial results. All interested parties are invited to participate in the conference ca. |
businesswire.com |
2025-04-10 12:05:00 |
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| 3 Stocks Trading Under $10 That Deliver Massive Ultra-High-Yield Dividends |
Investors love dividend stocks, especially the ultra-high-yield variety because they offer a significant income stream and have massive total return potential. |
247wallst.com |
2025-03-27 12:44:41 |
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| Dividend Cut Alert: 1 BDC And 1 REIT With Likely Lower Dividends In 2025 |
The current market environment suggests a potential recession, leading investors to favor durable and income-producing assets. BDCs and REITs are likely to be among the key beneficiaries here. However, with REITs and especially BDCs investors have to be careful in order to avoid falling in a value trap. |
seekingalpha.com |
2025-03-21 11:15:00 |
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| The Moment Of Truth For BDC Dividend Investors Is Close |
As a structural BDC bull I have to admit that the period of BDCs consistently surprising us on the upside has come to an end. Many lower quality BDCs have already cut their dividends to sync their cash flows with less favorable private credit lending environment. I would say that the moment of truth for high quality BDCs is also very close, where we will see how really durable their base dividends are. |
seekingalpha.com |
2025-03-11 11:15:00 |
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| BDC Weekly Review: JPMorgan Muscling In On Private Credit Turf |
We take a look at the action in business development companies through the last week of February and highlight some of the key themes we are watching. BDCs remained flat amid volatile risk sentiment, with TCPC underperforming due to a poor quarter and dividend cut, while February saw slight overall gains for the sector. JPMorgan's $50bn direct lending initiative and merger of its commercial and investment banks could increase competition for BDCs in corporate lending. |
seekingalpha.com |
2025-03-08 07:56:52 |
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| BlackRock TCP Capital Corp (TCPC) Q4 2024 Earnings Call Transcript |
BlackRock TCP Capital Corp (NASDAQ:TCPC ) Q4 2024 Results Conference Call February 27, 2025 1:00 PM ET Company Participants Michaela Murray - Investor Relations Phil Tseng - Chairman & Chief Executive Officer Erik Cuellar - Chief Financial Officer Dan Worrell - Co-CIO Jason Mehring - President Conference Call Participants Finian O'Shea - Wells Fargo Securities Robert Dodd - Raymond James Christopher Nolan - Ladenburg Thalmann Operator Ladies and gentlemen, good afternoon. Welcome everyone to BlackRock TCP Capital Corp's Fourth Quarter and Year-Ended 2024 Earnings Conference Call. |
seekingalpha.com |
2025-02-27 17:53:01 |
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| BlackRock TCP (TCPC) Q4 Earnings Top Estimates |
BlackRock TCP (TCPC) came out with quarterly earnings of $0.38 per share, beating the Zacks Consensus Estimate of $0.36 per share. This compares to earnings of $0.44 per share a year ago. |
zacks.com |
2025-02-27 12:35:42 |
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| Tactical BDCs For Sizable Income And Alpha: 1 To Buy, 1 To Avoid |
Since BDCs carry in general above-average risks, it makes sense to prioritize defensive and prudently structured picks. Yet, if the price is right, higher risk BDCs could also become enticing investments. In this article, I discuss two tactical or higher risk BDCs - one of which is a buy, and the other one, in my view, should be avoided. |
seekingalpha.com |
2025-02-27 11:15:00 |
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| BlackRock TCP Capital Corp. Announces 2024 Financial Results Including Fourth Quarter Net Investment Income of $0.40 Per Share; Declares First Quarter Dividend of $0.25 Per Share and a Special Dividend of $0.04 Per Share |
SANTA MONICA, Calif.--(BUSINESS WIRE)--BlackRock TCP Capital Corp. (“we,” “us,” “our,” “TCPC” or the “Company”), a business development company (NASDAQ: TCPC), today announced its financial results for the fourth quarter and year ended December 31, 2024 and filed its Form 10-K with the U.S. Securities and Exchange Commission. FINANCIAL HIGHLIGHTS On a GAAP basis, net investment income for the quarter ended December 31, 2024 was $33.8 million, or $0.40 per share on a diluted basis, which exceede. |
businesswire.com |
2025-02-27 10:05:00 |
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| Analysts Estimate BlackRock TCP (TCPC) to Report a Decline in Earnings: What to Look Out for |
BlackRock TCP (TCPC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations. |
zacks.com |
2025-02-20 13:06:14 |
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| BlackRock TCP Capital Corp. to Report Fourth Quarter and Fiscal Year Ended December 31, 2024 Financial Results on February 27, 2025 |
SANTA MONICA, Calif.--(BUSINESS WIRE)--BlackRock TCP Capital Corp. (NASDAQ: TCPC) announced today that it will report its financial results for the fourth quarter and fiscal year ended December 31, 2024 on Thursday, February 27, 2025, prior to the opening of the financial markets. BlackRock TCP Capital Corp. will also host a conference call at 1:00 p.m. Eastern Time (10:00 a.m. Pacific Time) on Thursday, February 27, 2025, to discuss its financial results. All interested parties are invited to. |
businesswire.com |
2025-01-27 18:05:00 |
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| Want Almost $14,000 per Year in Dependable Passive Income? Invest $25,000 in These 4 Stocks |
According to the Internal Revenue Service (IRS), passive income generally includes earnings from rental activity or any trade or business in which the individual does not materially participate. |
247wallst.com |
2025-01-22 18:19:13 |
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| Two 10%+ Yields For Durable Passive Income (One Is My Favorite Pick) |
Two 10%+ Yields For Durable Passive Income (One Is My Favorite Pick) |
seekingalpha.com |
2025-01-19 11:15:00 |
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| Dividend Cut Alert: 1 REIT And 1 BDC With Unsustainable Yields |
REITs and BDCs are solid asset classes through which to facilitate income-oriented strategies. However, investors have to be still careful of not assuming excessive risks that might lead to unexpected dividend cuts. In this article, I share two high-yielding picks, where, in my view, the chances are high for experiencing a dividend cut in the foreseeable future. |
seekingalpha.com |
2025-01-01 11:15:00 |
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| Invest In $95,000 BDC Portfolio For $10,000 Annual Income And Durable Compounding |
Private credit/BDC investments offer exposure to structural growth and a significant portfolio yield enhancement. Yet, we have to be extra careful of not falling into value traps and investing in unsustainable yields, which are abundant in the inherently risky sector. In this article, I share a BDC portfolio that has ~10.5% yield, healthier fundamentals than the average in the space, and, importantly, meaningful price appreciation potential. |
seekingalpha.com |
2024-12-11 11:15:00 |
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| These 5 ‘Special' Dividends Are More Than One-Hit Wonders |
Today we'll discuss a 5.4% dividend that actually annualizes to 7%. A 5.7% payer that really dishes 12.4%. |
forbes.com |
2024-12-02 09:30:00 |
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| Investing In BDCs For 10%+ Yields? This Is What Matters Now |
When investing for 10%+ BDC yields, investors have to pay extra attention to leverage, dividend coverage, and portfolio quality. Going into Q3, 2024 earnings season, my expectation was that we would see elevated volatility levels and falling NII results. While the actual results have been mostly positive for high-quality BDCs (and even for some speculative picks), many risks remain open. |
seekingalpha.com |
2024-11-20 11:15:00 |
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| BDC Weekly Review: Tax-Loss Season Is Approaching |
We take a look at the action in business development companies through the second week of November and highlight some of the key themes we are watching. BDCs saw a 2% aggregate return on the week; TPVG surged nearly 20%, while PSEC dropped due to a bad quarter and distribution cut. Tax-loss season may pressure some securities; PSEC, HRZN, TPVG, TCPC, OCSL, GSBD, NMFC, and CSWC could weaken further by year-end. |
seekingalpha.com |
2024-11-16 03:50:34 |
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| BlackRock TCP Capital Corp (TCPC) Q3 2024 Earnings Call Transcript |
BlackRock TCP Capital Corp (NASDAQ:TCPC ) Q3 2024 Earnings Conference Call November 6, 2024 1:00 PM ET Company Participants Michaela Murray - Investor Relations Raj Vig - Chairman & Chief Executive Officer Phil Tseng - President Erik Cuellar - Chief Financial Officer Conference Call Participants Finian O'Shea - Wells Fargo Robert Dodd - Raymond James Paul Johnson - KBW Christopher Nolan - Ladenburg Thalmann Operator Ladies and gentlemen, good afternoon. Welcome everyone to BlackRock TCP Capital Corp Third Quarter 2024 Earnings Conference Call. |
seekingalpha.com |
2024-11-06 16:09:46 |
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| BlackRock TCP (TCPC) Misses Q3 Earnings Estimates |
BlackRock TCP (TCPC) came out with quarterly earnings of $0.36 per share, missing the Zacks Consensus Estimate of $0.40 per share. This compares to earnings of $0.49 per share a year ago. |
zacks.com |
2024-11-06 12:30:33 |
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| BlackRock TCP Capital Corp. Announces Third Quarter 2024 Financial Results |
SANTA MONICA, Calif.--(BUSINESS WIRE)--BlackRock TCP Capital Corp. (“we,” “us,” “our,” “TCPC” or the “Company”), a business development company (NASDAQ: TCPC), today announced its financial results for the third quarter ended September 30, 2024 and filed its Form 10-Q with the U.S. Securities and Exchange Commission. FINANCIAL HIGHLIGHTS On a GAAP basis, net investment income for the quarter ended September 30, 2024 was $33.9 million, or $0.40 per share on a diluted basis, which exceeded the re. |
businesswire.com |
2024-11-06 10:05:00 |
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| BlackRock TCP Capital Corp. to Report Third Quarter ended September 30, 2024 Financial Results on November 6, 2024 |
SANTA MONICA, Calif.--(BUSINESS WIRE)--BlackRock TCP Capital Corp. (NASDAQ: TCPC) announced today that it will report its financial results for the third quarter ended September 30, 2024 on Wednesday, November 6, 2024, prior to the opening of the financial markets. BlackRock TCP Capital Corp. will also host a conference call at 1:00 p.m. Eastern Time (10:00 a.m. Pacific Time) on Wednesday, November 6, 2024, to discuss its financial results. All interested parties are invited to participate in t. |
businesswire.com |
2024-10-09 20:05:00 |
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| BDC Dividend Cut Alert: 2 BDCs That Are Likely To Cut Dividends |
The Fed's recent decision to cut the base rates by 50 basis points has created more problems for BDCs, especially for those with weaker portfolios. Lower base rates, inactive M&A markets and higher economic uncertainty are critical factors that for some BDCs might trigger dividend cuts. In the article I elaborate on two BDCs that are very close to cutting their dividends with a high probability of making the announcements together with their Q4, 2024 reports. |
seekingalpha.com |
2024-09-30 13:05:16 |
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| KBRA Assigns Ratings to BlackRock TCP Capital Corp. |
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns issuer and senior unsecured debt ratings of BBB- to BlackRock TCP Capital Corp. (NASDAQ: TCPC or "the company"). The rating Outlook is Stable. Key Credit Considerations The ratings are supported by TCPC's ties to BlackRock, Inc.'s (NYSE: BLK) $86 billion credit platform, of which $35 billion is principally dedicated to private middle market direct lending. BLK, with $10.6 trillion in assets under management, is one of the largest investment managers in th. |
businesswire.com |
2024-09-25 17:50:00 |
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| 2 BDCs At Discounts Of ~20% With Attractive Asymmetric Profiles |
This is not the right time to take high risk in the BDC space. Yet, as it is often the case, a challenging environment creates opportunities. In this article, I elaborate on two BDCs which indeed have some risks, but not to the extent that is currently priced in by the market. |
seekingalpha.com |
2024-09-18 19:28:22 |
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| 3 Lessons Learned From Struggling BDCs After Q2 Earnings |
The BDC sector faces headwinds such as spread compression, potential Fed rate cuts, and increased corporate distress. Despite these challenges, BDC market indices like VanEck BDC Income ETF and Putnam BDC Income ETF show only minor corrections. Yet, the small, illiquid nature of the BDC sector means ETFs may not fully capture overall sector dynamics. |
seekingalpha.com |
2024-09-01 03:39:38 |
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| How To Allocate $100,000 In A Dividend Portfolio: A Strategic Guide For Income And Growth |
I will demonstrate how you could allocate the amount of $100,000 by following the current composition of The Dividend Income Accelerator Portfolio, effectively balancing dividend income and dividend growth. Potential benefits of its implementation are a reduced portfolio risk level, stable dividend income, strong potential for dividend growth and capital appreciation, and elevated chances of an attractive Total Return. The dividend portfolio presently offers you a Weighted Average Dividend Yield [FWD] of 4.20%, with a 5-Year Weighted Average Dividend Growth Rate [CAGR] of 7.31%. |
seekingalpha.com |
2024-08-22 13:00:00 |
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| BlackRock TCP Capital: Weakening Earnings May Result In Distribution Cut (Rating Downgrade) |
BlackRock TCP Capital operates as a business development company that generates its earnings from debt investments in middle market companies. TCPC offers a high dividend yield of 17.8% but may face a future distribution cut due to rising non-accruals. Future interest rate cuts may negatively impact the NII per share. NAV has deteriorated over the last year as a result of shrinking adjusted net investment income. |
seekingalpha.com |
2024-08-19 05:52:48 |
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| Down -17.15% in 4 Weeks, Here's Why You Should You Buy the Dip in BlackRock TCP (TCPC) |
BlackRock TCP (TCPC) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term. |
zacks.com |
2024-08-09 14:36:15 |
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| BlackRock TCP (TCPC) Meets Q2 Earnings Estimates |
BlackRock TCP (TCPC) came out with quarterly earnings of $0.42 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.48 per share a year ago. |
zacks.com |
2024-08-07 14:20:28 |
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| 4 Strategic Picks For Your Dividend Portfolio: Boosting Income And Growth |
I have added the shares of Visa, Nike, BlackRock TCP Capital, and Coca-Cola to the Dividend Income Accelerator Portfolio. While Visa and Nike increase the portfolio's dividend growth potential, BlackRock TCP Capital ensures an increase in its ability to generate dividend income; Coca-Cola contributes by reducing portfolio volatility. After their inclusions, the portfolio's weighted average dividend yield [TTM] has been raised from 4.56% to 4.57% and its 5-year weighted average dividend growth rate [CAGR] from 7.28% to 7.41%. |
seekingalpha.com |
2024-07-30 11:22:03 |
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| BlackRock TCP Capital: Post-Merger Opportunity For Income And Growth |
BlackRock TCP Capital completed its merger with BlackRock Capital Investment, resulting in a jump in portfolio value. The company has lowered its management fee, potentially leading to an increase in dividends. BlackRock TCP Capital has the potential for re-rating as it resolves credit issues and maintains strong dividend coverage. |
seekingalpha.com |
2024-05-27 18:12:18 |
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| Most Stock Screens Miss These High-Yield Dividends (Up To 16.%) |
“Special” dividends fly right under Wall Street's radar. Which is great for contrarian income seekers like us. |
forbes.com |
2024-05-26 13:51:00 |
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