BlackRock TCP Capital Corp. (TCPC)
NASDAQ:TCPC
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TCPC Stock Chart & Stats
$4.33
-$0.03(-0.35%)
At close: 4:00 PM EST
$4.33
-$0.03(-0.35%)
Day’s Range― - ―
52-Week Range$3.43 - $8.06
Previous CloseN/A
Volume108.15K
Average Volume (3M)756.92K
Market Cap
$328.06M
Enterprise Value$1.16B
Total Cash (Recent Filing)$93.26M
Total Debt (Recent Filing)$925.84M
Price to Earnings (P/E)―
Beta0.90
Next Earnings
Aug 06, 2026EPS Estimate
0.2Next Dividend Ex-DateN/A
Dividend Yield21.13%
Share Statistics
EPS (TTM)-1.48
Shares Outstanding83,902,780
10 Day Avg. Volume689,493
30 Day Avg. Volume756,920
Financial Highlights & Ratios
PEG Ratio-0.16
Price to Book (P/B)0.78
Price to Sales (P/S)-6.09
P/FCF Ratio3.00
Enterprise Value/Market Cap3.53
Enterprise Value/Revenue47.37
Enterprise Value/Gross Profit-61.90
Enterprise Value/Ebitda-12.19
Forecast
1Y Price Target
$3.50Price Target Upside-19.17% Downside
Rating ConsensusModerate Sell
Number of Analyst Covering2
EPS Forecast (FY)0.79
Revenue Forecast (FY)$153.45M
Bulls Say, Bears Say
Bulls Say
Senior‑secured, Floating‑rate PortfolioA portfolio concentrated in senior‑secured, predominantly floating‑rate loans materially reduces loss severity and preserves yields as rates change. Over the next 2–6 months this structure supports stable interest income, better recovery prospects on defaults, and lower downside versus unsecured exposures.
Improving Liquidity And DeleveragingMeaningful liquidity and active debt paydowns reduce refinancing and liquidity risk and provide dry powder for selective deployments. Sustained deleveraging toward target ranges enhances resilience through credit cycles and increases flexibility to manage credit issues or opportunistically reinvest over months ahead.
Strong Operating Cash GenerationConsistently positive operating and free cash flow supports dividends, buybacks, and portfolio repositioning without relying on external equity raises. Over a 2–6 month horizon this cash generation underpins capital returns and funds selective investments while absorbing some earnings volatility.
Bears Say
Volatile, Negative Profitability And NAV PressureRepeated net losses and volatile earnings drive NAV erosion and weaken the firm's capital base. Over months this reduces distributable income headroom, constrains the ability to sustain dividends, and forces defensive portfolio sales or further deleveraging that can lock in losses and limit growth.
Concentration & Valuation Sensitivity In Software/staffingHeavy exposure to software and staffing creates idiosyncratic valuation risk; multiple compression and AI‑driven disruption have already produced markdowns. This concentration raises the odds of further portfolio write‑downs and NAV volatility over the next several months despite senior loan protections.
Material Realized Losses CrystallizedSignificant realized losses show repositioning can convert paper losses into permanent capital impairment. Such crystallized write‑downs reduce retained capital and limit future earnings power, making recovery slower and reducing strategic options during the next 2–6 months.
BlackRock TCP Capital News
TCPC FAQ
What was BlackRock TCP Capital Corp.’s price range in the past 12 months?
BlackRock TCP Capital Corp. lowest stock price was $3.43 and its highest was $8.05 in the past 12 months.
What is BlackRock TCP Capital Corp.’s market cap?
BlackRock TCP Capital Corp.’s market cap is $328.06M.
When is BlackRock TCP Capital Corp.’s upcoming earnings report date?
BlackRock TCP Capital Corp.’s upcoming earnings report date is Aug 06, 2026 which is in 77 days.
How were BlackRock TCP Capital Corp.’s earnings last quarter?
BlackRock TCP Capital Corp. released its earnings results on May 07, 2026. The company reported $0.22 earnings per share for the quarter, beating the consensus estimate of $0.196 by $0.024.
Is BlackRock TCP Capital Corp. overvalued?
According to Wall Street analysts BlackRock TCP Capital Corp.’s price is currently Overvalued.
Does BlackRock TCP Capital Corp. pay dividends?
BlackRock TCP Capital Corp. pays a Quarterly dividend of $0.25 which represents an annual dividend yield of 21.13%. See more information on BlackRock TCP Capital Corp. dividends here
What is BlackRock TCP Capital Corp.’s EPS estimate?
BlackRock TCP Capital Corp.’s EPS estimate is 0.2.
How many shares outstanding does BlackRock TCP Capital Corp. have?
BlackRock TCP Capital Corp. has 83,902,780 shares outstanding.
What happened to BlackRock TCP Capital Corp.’s price movement after its last earnings report?
BlackRock TCP Capital Corp. reported an EPS of $0.22 in its last earnings report, beating expectations of $0.196. Following the earnings report the stock price went same 0%.
Which hedge fund is a major shareholder of BlackRock TCP Capital Corp.?
Currently, no hedge funds are holding shares in TCPC
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
BlackRock TCP Capital Stock Smart Score
Neutral
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Analyst Consensus
Moderate Sell
Average Price Target:
$3.50 (-19.17% Downside)
$3.50 (-19.17% Downside)
Blogger Sentiment
Bearish
TCPC Sentiment 70%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 608.0 Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $14.3K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.9%
Last 30 Days ▼ 3.5%
Last 30 Days ▼ 3.5%
News Sentiment
Very Bearish
Bullish news 19%
Bearish news 100%
Bearish news 100%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-40.45%
12-Months-Change
Fundamentals
Return on Equity
-19.08%
Trailing 12-Months
Asset Growth
-20.50%
Trailing 12-Months
Company Description
BlackRock TCP Capital Corp.
BlackRock TCP Capital Corp. is a business development company specializing in direct equity and debt investments in middle-market, debt securities, senior secured loans, junior loans, originated loans, mezzanine, senior debt instruments, bonds, and secondary-market investments. It typically invests in communication services, public relations services, television, wireless telecommunication services, apparel, textile mills, restaurants, retailing, energy, oil and gas extraction, Patent owners and Lessors, Federal and Federally- Sponsored Credit agencies, insurance, hospital and healthcare centers, Biotechnology, engineering services, heavy electrical equipment, tax accounting, scientific and related consulting services, charter freight air transportation, Information technology consulting, application hosting services, software diagram and design, computer aided design, communication equipment, electronics manufacturing equipment, computer components, chemicals. It seeks to invest in the United States. The fund typically invests between $10 million and $35 million in companies with enterprise values between $100 million and $1500 million including complex situations. It prefers to make equity investments in companies for an ownership stake.
TCPC Company Deck
TCPC Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Neutral
The call conveyed a balanced message: management reported meaningful progress on credit quality and balance sheet strength (notably lower nonaccruals, reduced leverage, strong liquidity, deleveraging actions, and active capital recycling), while also disclosing material realized and unrealized losses that drove a 4.9% NAV decline and lowered near-term income metrics. Management framed the quarter as constructive repositioning with disciplined, selective deployment, but acknowledged continued valuation pressure—particularly in staffing and parts of the software book.View all TCPC earnings summariesTCPC Stock 12 Month Forecast
Average Price Target
$3.50
▼(-19.17% Downside)
Technical Analysis
Gladstone Capital
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Gladstone Investment
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Pennantpark Investment
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Crescent Capital BDC
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CION Investment Corp
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Ownership Overview
0.19% Insiders
11.41% Other Institutional Investors
82.00% Public Companies and
Individual Investors