BlackRock Capital Investment (BKCC) Stock Price, News & Analysis

Company Overview

BlackRock Capital Investment Corporation, formerly known as BlackRock Kelso Capital Corporation, is a Business Development Company specializing in investments in middle market companies. The fund invests in all industries. It prefers to invest between $10 million and $50 million and can invest more or less in companies with EBITDA or operating cash flow between $10 million and $50 million. The fund invests in the form of senior and junior secured, unsecured, and subordinated debt securities and loans including cash flow, asset backed, and junior lien facilities and equity securities. It's equity investments can be structured in the form of warrants, preferred stock, common equity co-investments, and direct investments in common stock. The fund's debt investments are principally structured to provide for current cash interest and to a lesser extent non-cash interest, particularly with subordinated debt investments, through a pay-in-kind (PIK) feature. It can also make non-control investments.

Key Stats

• Today's Range: $3.66 to $3.70
• 50-Day Range: $3.62 to $3.82
• 52-Week Range: $3.03 to $4.03
• Volume: 162,805 shs
• Average Volume: 227,142 shs
• Market Capitalization: $267.06 million
• P/E Ratio: 10.22
• Dividend Yield: 10.87%
• Price Target: $3.75
• Consensus Rating: Hold

BlackRock Capital Investment Stock Analysis - MarketRank™

BlackRock Capital Investment scored higher than 9% of companies evaluated by MarketBeat, and ranked 906th out of 920 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.0 / 5
• Analyst Rating: Hold

Consensus Rating

BlackRock Capital Investment has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

BlackRock Capital Investment has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: -6.82%

Earnings Growth

Earnings for BlackRock Capital Investment are expected to decrease by -6.82% in the coming year, from $0.44 to $0.41 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of BlackRock Capital Investment is 10.22, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 119.10.

Price to Earnings Ratio vs. Sector

The P/E ratio of BlackRock Capital Investment is 10.22, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 40.08.

Price to Book Value per Share Ratio

BlackRock Capital Investment has a P/B Ratio of 0.85. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for BKCC.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

BlackRock Capital Investment is a leading dividend payer. It pays a dividend yield of 10.87%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

BlackRock Capital Investment does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of BlackRock Capital Investment is 111.11%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on EPS estimates, BlackRock Capital Investment will have a dividend payout ratio of 97.56% in the coming year. This indicates that BlackRock Capital Investment may not be able to sustain their current dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for BKCC.

News and Social Media

• Score: 0.0 / 5
• News Sentiment: 0.00

News Coverage This Week

MarketBeat has tracked 2 news articles for BlackRock Capital Investment this week, compared to 1 article on an average week.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, BlackRock Capital Investment insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 1.65% of the stock of BlackRock Capital Investment is held by insiders.

Percentage Held by Institutions

Only 18.25% of the stock of BlackRock Capital Investment is held by institutions.

BKCC Stock Analysis - Frequently Asked Questions

How were BlackRock Capital Investment's earnings last quarter?

BlackRock Capital Investment Co. (NASDAQ:BKCC) posted its quarterly earnings data on Monday, May, 1st. The asset manager reported $0.12 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.11 by $0.01. The asset manager earned $18.76 million during the quarter, compared to the consensus estimate of $18.12 million. BlackRock Capital Investment had a net margin of 32.65% and a trailing twelve-month return on equity of 11.54%.

Does BlackRock Capital Investment have any subsidiaries?

The following companies are subsidiaries of BlackRock Capital Investment: Summit Companies, National Renewable Solutions, Transaction Data Systems, Aquila Heywood, Aperio, eFront, Tennenbaum Capital Partners LLC, and more.

What other stocks do shareholders of BlackRock Capital Investment own?

Based on aggregate information from My MarketBeat watchlists, some other companies that BlackRock Capital Investment investors own include Chembio Diagnostics (CEMI), Prospect Capital (PSEC), Calumet Specialty Products Partners (CLMT), Two Harbors Investment (TWO), NovoCure (NVCR), Rithm Capital (RITM) and Summit Midstream Partners (SMLP).

Company Calendar

• Last Earnings: 5/01/2023
• Today: 11/24/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: Management consulting services
• Sub-Industry: Asset Management & Custody Banks
• Current Symbol: NASDAQ:BKCC
• CUSIP: 09253310
• CIK: 1326003
• Web: www.blackrockbkcc.com
• Phone: (212) 810-5800
• Fax: 212-810-5801
• Employees: N/A
• Year Founded: 1988

Price Target and Rating

• Average Stock Price Target: $3.75
• High Stock Price Target: $3.75
• Low Stock Price Target: $3.75
• Potential Upside/Downside: +1.9%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.36
• Trailing P/E Ratio: 10.22
• Forward P/E Ratio: 8.36
• P/E Growth: N/A
• Net Income: $26.24 million
• Net Margins: 32.65%
• Pretax Margin: 32.65%
• Return on Equity: 11.54%
• Return on Assets: 5.93%

Debt

• Debt-to-Equity Ratio: 0.93
• Current Ratio: 1.11
• Quick Ratio: 1.11

Sales & Book Value

• Annual Sales: $80.36 million
• Price / Sales: 3.32
• Cash Flow: $0.47 per share
• Price / Cash Flow: 7.84
• Book Value: $4.35 per share
• Price / Book: 0.85

Miscellaneous

• Outstanding Shares: 72,570,000
• Free Float: 71,375,000
• Market Cap: $267.06 million
• Optionable: Optionable
• Beta: 1.41