BlackRock TCP Capital (TCPC) Stock Overview
A business development company specializing in direct equity and debt investments in middle-market, small businesses, debt securities, senior secured loans, junior loans, originated loans, mezzanine, senior debt instruments, bonds, and secondary-market investments. More details
| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 3/6 |
| Past Performance | 0/6 |
| Financial Health | 3/6 |
| Dividends | 3/6 |
TCPC Community Fair Values
Create NarrativeSee what 15 others think this stock is worth. Follow their fair value or set your own to get alerts.
BlackRock TCP Capital Corp. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$7.90 |
| 52 Week High | US$11.03 |
| 52 Week Low | US$6.27 |
| Beta | 1.07 |
| 1 Month Change | 1.67% |
| 3 Month Change | 18.09% |
| 1 Year Change | -27.66% |
| 3 Year Change | -37.40% |
| 5 Year Change | -15.05% |
| Change since IPO | -45.70% |
Recent News & Updates
BlackRock TCP Capital Corp: Dividend May Survive 2025, But Merger Hasn't Panned Out Yet
Jul 10BlackRock TCP: Still Too Speculative After The Dividend Cut
Apr 02Recent updates
BlackRock TCP Capital Corp: Dividend May Survive 2025, But Merger Hasn't Panned Out Yet
Jul 10BlackRock TCP: Still Too Speculative After The Dividend Cut
Apr 02BlackRock TCP Capital: Q4 Earnings Show No Signs Of Improvement
Mar 04BlackRock TCP Capital Is Risky But May Prove Profitable
Jan 27BlackRock TCP Capital: The Tide Is Turning (Rating Upgrade)
Jan 03BlackRock TCP Capital: Improving Portfolio Quality But Still Not A Buy
Nov 20BlackRock TCP Capital: A Trading Opportunity Too Tempting To Pass Up
Oct 15BlackRock TCP Capital: The Yield Of 17.9% Is Likely To Be Cut
Aug 29BlackRock TCP Capital: Weakening Earnings May Result In Distribution Cut (Rating Downgrade)
Aug 19BlackRock TCP Capital Corp.: Low Expected Returns
Jul 22BlackRock TCP Capital: Still A Suboptimal BDC Pick After Q1 Results
Jun 09BlackRock TCP Capital: Post-Merger Opportunity For Income And Growth
May 27BlackRock TCP Capital: Q1 Results Show Increased Profitability
May 07BlackRock TCP Capital Corp.: 13% Yield, Upcoming Merger
Mar 10BlackRock TCP Capital: Rating Downgrade After Q4 Results
Mar 01BlackRock TCP Capital: 11% Covered Yield, But There Are Risks
Feb 01BlackRock TCP Capital: A Great, Well-Covered 10.3% Yield
Sep 26BlackRock TCP Capital Q2 2022 Earnings Preview
Aug 02BlackRock TCP Q1 Update: Income Jumps, Valuation Converges With Sector
May 19BlackRock TCP Capital: All The Positive Results Are Already Priced In
Apr 06BlackRock TCP Capital: 9% Yield, Get Your Marshmallow Now
Jan 18TCPC: Undervalued BDC With Income Tailwinds
Sep 28Shareholder Returns
| TCPC | US Capital Markets | US Market | |
|---|---|---|---|
| 7D | 2.2% | 0.7% | 0.1% |
| 1Y | -27.7% | 32.5% | 11.4% |
Return vs Industry: TCPC underperformed the US Capital Markets industry which returned 32.8% over the past year.
Return vs Market: TCPC underperformed the US Market which returned 11.7% over the past year.
Price Volatility
| TCPC volatility | |
|---|---|
| TCPC Average Weekly Movement | 4.0% |
| Capital Markets Industry Average Movement | 3.8% |
| Market Average Movement | 6.4% |
| 10% most volatile stocks in US Market | 17.0% |
| 10% least volatile stocks in US Market | 3.2% |
Stable Share Price: TCPC has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: TCPC's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2006 | n/a | n/a | www.tcpcapital.com |
BlackRock TCP Capital Corp. is a business development company specializing in direct equity and debt investments in middle-market, small businesses, 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.
BlackRock TCP Capital Corp. Fundamentals Summary
| TCPC fundamental statistics | |
|---|---|
| Market cap | US$671.80m |
| Earnings (TTM) | -US$47.30m |
| Revenue (TTM) | US$259.60m |
Is TCPC overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| TCPC income statement (TTM) | |
|---|---|
| Revenue | US$259.60m |
| Cost of Revenue | US$0 |
| Gross Profit | US$259.60m |
| Other Expenses | US$306.90m |
| Earnings | -US$47.30m |
Last Reported Earnings
Mar 31, 2025
Next Earnings Date
Aug 07, 2025
| Earnings per share (EPS) | -0.56 |
| Gross Margin | 100.00% |
| Net Profit Margin | -18.22% |
| Debt/Equity Ratio | 140.7% |
How did TCPC perform over the long term?
See historical performance and comparisonDividends
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/07/14 04:14 |
| End of Day Share Price | 2025/07/11 00:00 |
| Earnings | 2025/03/31 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
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.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
BlackRock TCP Capital Corp. is covered by 15 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Derek Hewett | BofA Global Research |
| Richard Eckert | B. Riley Securities, Inc. |
| Christopher Testa | B. Riley Wealth |