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.
IPO Year: 2007
Exchange: NASDAQ
Website: blackrockbkcc.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 4/18/2023 | $4.25 → $3.00 | Overweight → Equal Weight | Wells Fargo |
| 10/25/2021 | $4.25 → $4.50 | Overweight | Wells Fargo |
| 8/9/2021 | $4.00 → $4.25 | Overweight | Wells Fargo |
Wells Fargo downgraded BlackRock Capital from Overweight to Equal Weight and set a new price target of $3.00 from $4.25 previously
Wells Fargo reiterated coverage of BlackRock Capital Inv with a rating of Overweight and set a new price target of $4.50 from $4.25 previously
Wells Fargo reiterated coverage of BlackRock Capital Inv with a rating of Overweight and set a new price target of $4.25 from $4.00 previously