Loading...

You're on the old version of Simply Wall St. We will no longer be supporting this site, so we recommend you switch to our brand new platform.

BlackRock Capital Investment

Nasdaq:BKCC
Snowflake Description

Moderate growth potential unattractive dividend payer.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
BKCC
Nasdaq
$122M
Market Cap
  1. Home
  2. US
  3. Diversified Financials
Company description

BlackRock Capital Investment Corporation, formerly known as BlackRock Kelso Capital Corporation, is a Business Development Company specializing in investments in middle market companies. The last earnings update was 31 days ago. More info.


Add to Portfolio Compare Print
  • BlackRock Capital Investment is a fund or ETF! Currently our data availability for these is poor, we only recommend using them as part of a portfolio.
  • BlackRock Capital Investment has significant price volatility in the past 3 months.
BKCC Share Price and Events
7 Day Returns
-28.7%
NasdaqGS:BKCC
-4.5%
US Capital Markets
-4.1%
US Market
1 Year Returns
-70.6%
NasdaqGS:BKCC
-15.6%
US Capital Markets
-14.9%
US Market
BKCC Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
BlackRock Capital Investment (BKCC) -28.7% -61.2% -63.6% -70.6% -75.5% -80.4%
US Capital Markets -4.5% -21.1% -25.9% -15.6% -1% 16.9%
US Market -4.1% -19.1% -23.4% -14.9% 3.5% 14.5%
1 Year Return vs Industry and Market
  • BKCC underperformed the Capital Markets industry which returned -15.6% over the past year.
  • BKCC underperformed the Market in United States of America which returned -14.9% over the past year.
Price Volatility
BKCC
Industry
5yr Volatility vs Market

Value

 Is BlackRock Capital Investment undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for BlackRock Capital Investment. This is due to cash flow or dividend data being unavailable. The share price is $1.79.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for BlackRock Capital Investment's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are BlackRock Capital Investment's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NasdaqGS:BKCC PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in USD $-0.10
NasdaqGS:BKCC Share Price ** NasdaqGS (2020-04-03) in USD $1.79
United States of America Capital Markets Industry PE Ratio Median Figure of 92 Publicly-Listed Capital Markets Companies 32.95x
United States of America Market PE Ratio Median Figure of 2,944 Publicly-Listed Companies 12.5x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of BlackRock Capital Investment.

NasdaqGS:BKCC PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqGS:BKCC Share Price ÷ EPS (both in USD)

= 1.79 ÷ -0.10

-17.89x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • BlackRock Capital Investment is loss making, we can't compare its value to the US Capital Markets industry average.
  • BlackRock Capital Investment is loss making, we can't compare the value of its earnings to the United States of America market.
Price based on expected Growth
Does BlackRock Capital Investment's expected growth come at a high price?
Raw Data
NasdaqGS:BKCC PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -17.89x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts
82.5%per year
United States of America Capital Markets Industry PEG Ratio Median Figure of 35 Publicly-Listed Capital Markets Companies 1.91x
United States of America Market PEG Ratio Median Figure of 2,008 Publicly-Listed Companies 0.91x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for BlackRock Capital Investment, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on BlackRock Capital Investment's assets?
Raw Data
NasdaqGS:BKCC PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in USD $6.33
NasdaqGS:BKCC Share Price * NasdaqGS (2020-04-03) in USD $1.79
United States of America Capital Markets Industry PB Ratio Median Figure of 182 Publicly-Listed Capital Markets Companies 7.67x
United States of America Market PB Ratio Median Figure of 5,142 Publicly-Listed Companies 1.22x
NasdaqGS:BKCC PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqGS:BKCC Share Price ÷ Book Value per Share (both in USD)

= 1.79 ÷ 6.33

0.28x

* Primary Listing of BlackRock Capital Investment.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • BlackRock Capital Investment is good value based on assets compared to the US Capital Markets industry average.
X
Value checks
We assess BlackRock Capital Investment's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Capital Markets industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Capital Markets industry average (and greater than 0)? (1 check)
  5. BlackRock Capital Investment has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is BlackRock Capital Investment expected to perform in the next 1 to 3 years based on estimates from 2 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
82.5%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is BlackRock Capital Investment expected to grow at an attractive rate?
  • BlackRock Capital Investment's earnings growth is expected to exceed the low risk savings rate of 1.7%.
Growth vs Market Checks
  • BlackRock Capital Investment's earnings growth is expected to exceed the United States of America market average.
  • BlackRock Capital Investment's revenue growth is positive but not above the United States of America market average.
Annual Growth Rates Comparison
Raw Data
NasdaqGS:BKCC Future Growth Rates Data Sources
Data Point Source Value (per year)
NasdaqGS:BKCC Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts 82.5%
NasdaqGS:BKCC Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 2 Analysts 4.4%
United States of America Capital Markets Industry Earnings Growth Rate Market Cap Weighted Average 5.7%
United States of America Capital Markets Industry Revenue Growth Rate Market Cap Weighted Average 2.5%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 12.2%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.1%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NasdaqGS:BKCC Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NasdaqGS:BKCC Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31 85 40 2
2020-12-31 80 38 2
2020-04-04
NasdaqGS:BKCC Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-12-31 78 -77 -7
2019-09-30 80 19 -38
2019-06-30 81 68 -5
2019-03-31 82 200 10
2018-12-31 84 82 -9
2018-09-30 88 80 27
2018-06-30 89 113 -7
2018-03-31 93 78 6
2017-12-31 97 199 21
2017-09-30 101 125 20
2017-06-30 104 114 -5
2017-03-31 113 161 -32

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • BlackRock Capital Investment's earnings are expected to grow significantly at over 20% yearly.
  • BlackRock Capital Investment's revenue is expected to grow by 4.4% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NasdaqGS:BKCC Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below

All data from BlackRock Capital Investment Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqGS:BKCC Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31 0.58 0.58 0.58 1.00
2020-12-31 0.56 0.56 0.56 1.00
2020-04-04
NasdaqGS:BKCC Past Financials Data
Date (Data in USD Millions) EPS *
2019-12-31 -0.10
2019-09-30 -0.55
2019-06-30 -0.07
2019-03-31 0.14
2018-12-31 -0.13
2018-09-30 0.37
2018-06-30 -0.10
2018-03-31 0.08
2017-12-31 0.29
2017-09-30 0.28
2017-06-30 -0.07
2017-03-31 -0.44

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • BlackRock Capital Investment is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess BlackRock Capital Investment's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
BlackRock Capital Investment has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has BlackRock Capital Investment performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare BlackRock Capital Investment's growth in the last year to its industry (Capital Markets).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • BlackRock Capital Investment does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare BlackRock Capital Investment's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare BlackRock Capital Investment's 1-year growth to the US Capital Markets industry average as it is not currently profitable.
Earnings and Revenue History
BlackRock Capital Investment's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from BlackRock Capital Investment Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqGS:BKCC Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 78.12 -6.89 20.65
2019-09-30 79.64 -37.74 20.34
2019-06-30 80.70 -5.04 19.11
2019-03-31 82.35 9.72 20.22
2018-12-31 83.87 -9.16 21.21
2018-09-30 87.55 26.61 21.79
2018-06-30 89.30 -7.15 22.83
2018-03-31 93.24 5.66 23.16
2017-12-31 97.33 20.90 24.03
2017-09-30 100.94 20.06 25.20
2017-06-30 104.31 -5.26 26.33
2017-03-31 112.50 -31.79 27.88
2016-12-31 117.41 -84.29 29.21
2016-09-30 121.19 -107.30 29.65
2016-06-30 128.99 -46.50 27.05
2016-03-31 128.33 -22.21 27.71
2015-12-31 129.41 38.63 29.93
2015-09-30 135.55 113.61 50.90
2015-06-30 134.78 120.85 54.58
2015-03-31 135.77 136.98 57.46
2014-12-31 134.42 137.24 59.46
2014-09-30 129.47 114.08 53.20
2014-06-30 127.69 104.95 61.67
2014-03-31 130.06 86.11 59.97
2013-12-31 131.63 92.99 61.09
2013-09-30 136.55 63.41 63.29
2013-06-30 145.88 57.89 57.77

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if BlackRock Capital Investment has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • BlackRock Capital Investment used its assets more efficiently than the US Capital Markets industry average last year based on Return on Assets.
  • It is difficult to establish if BlackRock Capital Investment improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess BlackRock Capital Investment's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Capital Markets industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
BlackRock Capital Investment has a total score of 1/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is BlackRock Capital Investment's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up BlackRock Capital Investment's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • BlackRock Capital Investment's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • BlackRock Capital Investment's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of BlackRock Capital Investment's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is not covered by short term assets, assets are 0.1x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from BlackRock Capital Investment Company Filings, last reported 3 months ago.

NasdaqGS:BKCC Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 435.61 313.57 14.68
2019-09-30 446.82 276.12 3.41
2019-06-30 469.15 252.68 21.91
2019-03-31 492.13 208.84 27.11
2018-12-31 487.02 186.40 13.50
2018-09-30 543.15 232.96 4.46
2018-06-30 536.58 241.52 7.69
2018-03-31 553.06 310.09 1.57
2017-12-31 571.10 206.66 29.01
2017-09-30 581.48 246.14 4.92
2017-06-30 607.51 295.49 15.70
2017-03-31 598.45 370.94 38.45
2016-12-31 596.32 335.67 10.71
2016-09-30 608.12 321.39 6.92
2016-06-30 661.44 348.11 7.46
2016-03-31 689.32 440.84 10.46
2015-12-31 753.75 362.55 12.41
2015-09-30 790.67 376.41 7.24
2015-06-30 789.83 304.35 55.61
2015-03-31 789.90 472.29 45.34
2014-12-31 781.96 448.23 10.33
2014-09-30 743.23 360.17 42.45
2014-06-30 728.96 329.10 77.84
2014-03-31 714.29 459.04 34.07
2013-12-31 709.70 477.98 18.47
2013-09-30 696.30 412.92 13.73
2013-06-30 694.45 314.86 43.85
  • BlackRock Capital Investment's level of debt (72%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (57.3% vs 72% today).
  • Operating cash flow is negative therefore debt is not well covered.
  • BlackRock Capital Investment is making a loss, therefore interest payments are not well covered by earnings.
X
Financial health checks
We assess BlackRock Capital Investment's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. BlackRock Capital Investment has a total score of 0/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is BlackRock Capital Investment's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
31.28%
Current annual income from BlackRock Capital Investment dividends. Estimated to be 31.28% next year.
If you bought $2,000 of BlackRock Capital Investment shares you are expected to receive $626 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • BlackRock Capital Investment's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (2.04%).
  • BlackRock Capital Investment's dividend is above the markets top 25% of dividend payers in United States of America (5.7%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NasdaqGS:BKCC Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
United States of America Capital Markets Industry Average Dividend Yield Market Cap Weighted Average of 44 Stocks 2.6%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 1941 Stocks 3.1%
United States of America Minimum Threshold Dividend Yield 10th Percentile 1.1%
United States of America Bottom 25% Dividend Yield 25th Percentile 2%
United States of America Top 25% Dividend Yield 75th Percentile 5.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NasdaqGS:BKCC Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2021-12-31 0.56 1.00
2020-12-31 0.56 1.00
2020-04-04
NasdaqGS:BKCC Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2020-03-04 0.560 22.057
2019-10-30 0.560 11.296
2019-07-31 0.560 11.005
2019-05-01 0.720 11.790
2018-11-05 0.720 12.051
2018-10-31 0.720 12.117
2018-08-01 0.720 11.989
2018-03-07 0.720 11.820
2017-11-08 0.720 11.724
2017-08-02 0.720 9.876
2017-05-03 0.720 9.506
2017-03-08 0.720 9.770
2016-11-10 0.840 11.283
2016-11-02 0.840 11.954
2016-07-27 0.840 10.147
2016-03-15 0.840 10.128
2016-03-11 0.840 9.174
2016-03-09 0.840 9.433
2015-07-29 0.840 9.142
2015-04-30 0.840 9.022
2014-11-06 0.840 9.655
2014-07-31 0.840 9.481
2014-05-01 0.840 9.548
2014-03-06 1.040 11.244
2013-11-07 1.040 10.983
2013-08-01 1.040 10.706
2013-05-02 1.040 10.600
2013-03-07 1.040 10.538
2012-11-08 1.040 10.189
2012-08-02 1.040 10.510
2012-05-03 1.040 10.888
2012-03-01 1.040 10.692
2011-11-03 1.040 11.754
2011-08-04 1.040 12.855
2011-05-09 1.040 11.171
2011-03-01 1.280 12.453
2010-11-04 1.280 10.984
2009-11-05 1.280 12.882
2009-08-06 0.640 8.155
2009-05-20 0.640 9.632

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
  • Dividends per share have fallen over the past 10 years.
Current Payout to shareholders
What portion of BlackRock Capital Investment's earnings are paid to the shareholders as a dividend.
  • The company is paying a dividend however it is incurring a loss.
Future Payout to shareholders
  • Dividends after 3 years are not well covered by earnings (1x coverage).
X
Income/ dividend checks
We assess BlackRock Capital Investment's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can BlackRock Capital Investment afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. BlackRock Capital Investment has a total score of 2/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of BlackRock Capital Investment's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
James Keenan
COMPENSATION $0
AGE 43
TENURE AS CEO 2 years
CEO Bio

Mr. James Edward Keenan, CFA, has been an Interim Chief Executive Officer of BlackRock Capital Investment Corporation since May 2018 and its Chairman of the Board since January 1, 2017, and also serves as its Director since 2017. He also serves as Managing Director in SVOF/MM, LLC. Mr. Keenan is also Chief Investment Officer and Global Co-Head for BlackRock Global Credit, and hold that role on an interim basis. Mr. Keenan is a Managing Director at BlackRock Advisors, LLC since 2008, Head of Leveraged Finance Portfolio Team and Portfolio Manager and was previously a Director from 2006 to 2009. Mr. Keenan is a Managing Director, Chief Investment Officer of the Leveraged Finance Team, Head of Americas Credit and Portfolio Manager at BlackRock Institutional Trust Company, N.A. and Portfolio Manager, Trader and Director at Blackrock Financial Management Inc. He served as a Managing Director at BlackRock, Inc., since 2008, Chief Investment Officer of Leveraged Finance Team, Global Head of Fundamental Credit, Head of Americas Fundamental Credit, Head of Leveraged Finance Portfolio Team, Head of Americas Credit and Portfolio Manager and was previously a Director from 2006 to 2007. Mr. Keenan is a member of Americas fixed income within alpha strategies and has oversight of investment grade credit and sub-investment grade credit businesses. He leads the strategy for global fundamental credit and is responsible for providing oversight of the investment process and performance, the partnerships with the firm's distribution channels and the team's infrastructure. Mr. Keenan is also responsible for overseeing global high yield, leveraged loans, alternative and distressed products. He joined the firm in 2004. Prior to that, Mr. Keenan was a Senior High Yield Trader at Columbia Management Group from 2003 to 2004. Previously, he was a Senior High Yield Trader at BofA Global Capital Management Group, LLC. Mr. Keenan began his investment career at UBS Global Asset Management (US) Inc., where he held roles as a Trader, Research Analyst and Portfolio Analyst from 1998 to 2003. He has extensive investment experience. Mr. Keenan is a C.F.A. charter holder. He has earned a B.B.A. degree in Finance from the University of Notre Dame in 1998.

CEO Compensation
  • Insufficient data for James to compare compensation growth.
  • Insufficient data for James to establish whether their remuneration is reasonable compared to companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the BlackRock Capital Investment management team in years:

2.3
Average Tenure
49.5
Average Age
  • The tenure for the BlackRock Capital Investment management team is about average.
Management Team

James Keenan

TITLE
Chairman of the Board & Interim CEO
AGE
43
TENURE
2 yrs

Michael Pungello

TITLE
Interim CFO & Treasurer
AGE
62
TENURE
2.5 yrs

Charles Choon Park

TITLE
Chief Compliance Officer
AGE
52

Nik Singhal

TITLE
Managing Director

Laurence Paredes

TITLE
General Counsel & Corporate Secretary

R. Merriman

TITLE
Investment Professional

Jason Mehring

TITLE
Managing Director
AGE
47

Mark Williams

TITLE
Managing Director

Aaron Kless

TITLE
Managing Director

Alex Dashiell

TITLE
Managing Director of US Private Capital Group
TENURE
2.3 yrs
Board of Directors Tenure

Average tenure and age of the BlackRock Capital Investment board of directors in years:

3.9
Average Tenure
61
Average Age
  • The tenure for the BlackRock Capital Investment board of directors is about average.
Board of Directors

Maureen Usifer

TITLE
Independent Director
COMPENSATION
$131K
AGE
59
TENURE
15.3 yrs

James Keenan

TITLE
Chairman of the Board & Interim CEO
AGE
43
TENURE
3.3 yrs

Jack Baron

TITLE
Independent Director
COMPENSATION
$115K
AGE
62
TENURE
6.8 yrs

Bill Mayer

TITLE
Lead Independent Director
COMPENSATION
$136K
AGE
79
TENURE
3.1 yrs

Jerrold Harris

TITLE
Independent Director
COMPENSATION
$116K
AGE
77
TENURE
15.3 yrs

Meridee Moore

TITLE
Independent Director
COMPENSATION
$116K
AGE
61
TENURE
2.4 yrs

Mark Lies

TITLE
Independent Director
COMPENSATION
$116K
AGE
59
TENURE
3.9 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by BlackRock Capital Investment individual insiders in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
12. Mar 20 Buy Jerrold Harris Individual 10. Mar 20 10. Mar 20 8,500 $4.18 $35,530
10. Mar 20 Buy Mark Lies Individual 09. Mar 20 09. Mar 20 35,000 $4.19 $146,608
10. Mar 20 Buy James Keenan Individual 09. Mar 20 10. Mar 20 110,489 $4.27 $457,922
09. Mar 20 Buy Michael Pungello Individual 09. Mar 20 09. Mar 20 10,000 $4.17 $41,694
28. Feb 20 Buy Meridee Moore Individual 05. Aug 19 05. Aug 19 45,000 $5.58 $251,100
03. Dec 19 Buy James Keenan Individual 02. Dec 19 02. Dec 19 30,279 $4.94 $149,515
03. Dec 19 Buy Michael Pungello Individual 03. Dec 19 03. Dec 19 5,000 $4.99 $24,949
20. Aug 19 Buy James Keenan Individual 16. Aug 19 16. Aug 19 50,000 $5.28 $263,950
15. Aug 19 Buy Mark Lies Individual 14. Aug 19 14. Aug 19 50,000 $5.19 $259,590
05. Aug 19 Buy Michael Pungello Individual 05. Aug 19 05. Aug 19 6,500 $5.60 $36,394
08. May 19 Buy Michael Pungello Individual 07. May 19 07. May 19 4,000 $6.27 $25,084
X
Management checks
We assess BlackRock Capital Investment's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. BlackRock Capital Investment has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Should You Buy BlackRock Capital Investment Corporation (BKCC)?

BlackRock Capital Investment Corporation (NASDAQ:BKCC), a capital markets company based in United States, saw its share price hover around a small range of $7.01 to $7.56 over the last few weeks. … This means that if you believe the current share price should move towards its intrinsic value over time, a low beta could suggest it is not likely to reach that level anytime soon, and once it’s there, it may be hard to fall back down into an attractive buying range again. … Buying a great company with a robust outlook at a cheap price is always a good investment, so let’s also take a look at BKCC future expectations.

Simply Wall St -

Company Info

Description

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.

Details
Name: BlackRock Capital Investment Corporation
BKCC
Exchange: NasdaqGS
Founded: 2005
$122,016,023
68,165,376
Website: http://www.blackrockbkcc.com
Address: BlackRock Capital Investment Corporation
40 East 52nd Street,
21st Floor,
New York,
New York, 10022,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqGS BKCC Common Shares Nasdaq Global Select US USD 27. Jun 2007
DB 8BK Common Shares Deutsche Boerse AG DE EUR 27. Jun 2007
LSE 0HO6 Common Shares London Stock Exchange GB USD 27. Jun 2007
BRSE 8BK Common Shares Berne Stock Exchange CH CHF 27. Jun 2007
Number of employees
Current staff
Staff numbers
0
BlackRock Capital Investment employees.
Industry
Asset Management and Custody Banks
Diversified Financials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/04 02:48
End of day share price update: 2020/04/03 00:00
Last estimates confirmation: 2020/03/25
Last earnings filing: 2020/03/04
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.