Stock Price
P/E Ratio
Volume Traded Today
Dividend
52 Week High/low
BlackRock Capital Allocation Trust Market Cap
From what 0 stock analysts predict, the share price for BlackRock Capital Allocation Trust (BCAT) might decrease by 100% in the next year. This is based on a 12-month average estimation for BCAT. Price targets go from $ to $. The majority of stock analysts believe BCAT is a sell. Please note analyst price targets are not guaranteed and could be missed completely.
BCAT is a stock in which has been forecasted to be worth $ as an average. On the higher end, the forecast price is $ USD by from and on the lower end BCAT is forecasted to be $ by from .
These are the latest 20 analyst ratings of BCAT.
|
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
|---|---|---|---|---|
Data Not Found! | ||||
When did it IPO
2020
Staff Count
0
Country
United States
Sector/Industry
/
CEO
Market Cap
$1.75B
In 2023, BCAT generated $206.9M in revenue, which was a increase of 164.58% from the previous year. This can be seen as a signal that BCAT's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Thu, 31 Oct 2024
Sentiment - NEUTRAL
Source - Business Wire
Summary - BlackRock announced updates for several of its investment trusts, including BCX, BDJ, BGR, BGY, BME, BMEZ, BOE, and BUI, listed on NYSE.
Why It Matters - The news highlights multiple BlackRock trusts, indicating potential investment opportunities across various sectors, which could influence portfolio diversification and yield expectations.
Tue, 01 Oct 2024
Sentiment - NEUTRAL
Source - Business Wire
Summary - BlackRock closed-end funds announced results from their discount management programs, including tender offer dates for funds that experienced a Trigger Event during the Quarterly Measurement Period.
Why It Matters - The announcement of discount management programs and tender offers for BlackRock's funds signals efforts to increase shareholder value, potentially influencing fund performance and investor sentiment.
Mon, 23 Sep 2024
Sentiment - POSITIVE
Source - 24/7 Wall Street
Summary - The Federal Reserve's recent rate cut may ease market speculation but could also reignite inflation and increase the risk of a recession.
Why It Matters - A Fed rate cut could lower borrowing costs, but it risks increasing inflation and may lead to a recession, impacting market stability and investment returns.
Thu, 12 Sep 2024
Sentiment - NEUTRAL
Source - Business Wire
Summary - BlackRock announced early October distributions for its Funds under their managed distribution plans, including ECAT, BCAT, BMEZ, BSTZ, and BIGZ.
Why It Matters - Early distribution announcements indicate financial stability and consistent cash flow, potentially attracting investors seeking reliable income from these BlackRock funds.
Fri, 16 Aug 2024
Sentiment - NEUTRAL
Source - Business Wire
Summary - BlackRock's closed-end funds completed a tender offer for up to 2.5% of their outstanding shares, which ran from July 17 to August 16, 2024. Preliminary results are pending.
Why It Matters - The expiration of BlackRock's tender offers indicates shareholder demand and potential changes in share supply, impacting fund valuations and investor sentiment.
Sun, 04 Aug 2024
Sentiment - POSITIVE
Source - Seeking Alpha
Summary - BlackRock's Capital Allocation Term Trust (BCAT) offers a 21% yield with monthly distributions, utilizing a diverse portfolio and a covered call strategy for capital appreciation.
Why It Matters - BlackRock's BCAT offers a high yield and monthly income, attracting income-focused investors. Its diverse portfolio and covered call strategy enhance potential capital appreciation, appealing in volatile markets.
The information that Ticker Nerd provides is general in nature as it has been prepared without taking account of your objectives, financial situation or needs. It is not intended as legal, financial or investment advice and should not be construed or relied on as such. Ticker Nerd is for information purposes only. Ticker Nerd is not responsible for any damages or losses that may occur as a result of reliance on this information. Before making any commitment of a legal or financial nature you should seek advice from a qualified and registered legal practitioner or financial or investment adviser. All content, group, messaging, tweets, newsletter, article, and email created by Ticker Nerd is intended for educational and information purposes only, is not financial, investment, legal or tax advice, and is a restatement, summary or extract of other data and research reports that are widely distributed from sources such as, but not limited to, Bloomberg, Market Watch, Wall Street Journal, Google Finance, and Yahoo Finance. Ticker Nerd is not a registered financial, investment, legal or tax advisor and is not liable for any financial loss you may incur acting on any information provided by Ticker Nerd. By registering, you agree not to hold Ticker Nerd liable at any time or under any circumstances for your decisions, actions, or results.
