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An announcement from BlackRock TCP Capital ( (TCPC) ) is now available.
On June 18, 2025, BlackRock TCP Capital Corp. held its 2025 Annual Meeting of Stockholders via webcast, where stockholders approved a proposal allowing the company to sell shares below the current net asset value per share for up to 12 months. This decision, supported by a majority vote, could enhance TCPC’s financial flexibility and potentially impact its market positioning by enabling strategic capital raising efforts.
The most recent analyst rating on (TCPC) stock is a Sell with a $8.00 price target. To see the full list of analyst forecasts on BlackRock TCP Capital stock, see the TCPC Stock Forecast page.
Spark’s Take on TCPC Stock
According to Spark, TipRanks’ AI Analyst, TCPC is a Neutral.
BlackRock TCP Capital’s overall stock score of 58 reflects a mixed outlook. The company’s solid financial performance and robust cash flow are positive factors, while technical analysis indicates bearish momentum. The valuation is challenging with a negative P/E ratio, though the high dividend yield is attractive. Earnings call insights reveal operational challenges, offset by management’s shareholder-friendly actions.
To see Spark’s full report on TCPC stock, click here.
More about BlackRock TCP Capital
BlackRock TCP Capital Corp. operates in the financial services industry, focusing on investment management and providing capital solutions to middle-market companies.
Average Trading Volume: 615,864
Technical Sentiment Signal: Sell
Current Market Cap: $638.6M
See more insights into TCPC stock on TipRanks’ Stock Analysis page.