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BlackRock TCP Capital NasdaqGS:TCPC Stock Report

Last Price

US$6.77

Market Cap

US$568.3m

7D

1.2%

1Y

-32.5%

Updated

22 Apr, 2025

Data

Company Financials +

BlackRock TCP Capital Corp.

NasdaqGS:TCPC Stock Report

Market Cap: US$568.3m

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

TCPC fundamental analysis
Snowflake Score
Valuation1/6
Future Growth3/6
Past Performance0/6
Financial Health2/6
Dividends3/6

BlackRock TCP Capital Corp. Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of share price highs, lows and changes for BlackRock TCP Capital
Historical stock prices
Current Share PriceUS$6.77
52 Week HighUS$11.52
52 Week LowUS$6.27
Beta1.27
1 Month Change-12.42%
3 Month Change-25.03%
1 Year Change-32.50%
3 Year Change-50.07%
5 Year Change-15.48%
Change since IPO-53.47%

Recent News & Updates

BlackRock TCP: Still Too Speculative After The Dividend Cut

Apr 02

BlackRock TCP Capital: Q4 Earnings Show No Signs Of Improvement

Mar 04

Recent updates

BlackRock TCP: Still Too Speculative After The Dividend Cut

Apr 02

BlackRock TCP Capital: Q4 Earnings Show No Signs Of Improvement

Mar 04

BlackRock TCP Capital Is Risky But May Prove Profitable

Jan 27

BlackRock TCP Capital: The Tide Is Turning (Rating Upgrade)

Jan 03

BlackRock TCP Capital: Improving Portfolio Quality But Still Not A Buy

Nov 20

BlackRock TCP Capital: A Trading Opportunity Too Tempting To Pass Up

Oct 15

BlackRock TCP Capital: The Yield Of 17.9% Is Likely To Be Cut

Aug 29

BlackRock TCP Capital: Weakening Earnings May Result In Distribution Cut (Rating Downgrade)

Aug 19

BlackRock TCP Capital Corp.: Low Expected Returns

Jul 22

BlackRock TCP Capital: Still A Suboptimal BDC Pick After Q1 Results

Jun 09

BlackRock TCP Capital: Post-Merger Opportunity For Income And Growth

May 27

BlackRock TCP Capital: Q1 Results Show Increased Profitability

May 07

BlackRock TCP Capital Corp.: 13% Yield, Upcoming Merger

Mar 10

BlackRock TCP Capital: Rating Downgrade After Q4 Results

Mar 01

BlackRock TCP Capital: 11% Covered Yield, But There Are Risks

Feb 01

BlackRock TCP Capital: A Great, Well-Covered 10.3% Yield

Sep 26

BlackRock TCP Capital Q2 2022 Earnings Preview

Aug 02

BlackRock TCP Q1 Update: Income Jumps, Valuation Converges With Sector

May 19

BlackRock TCP Capital: All The Positive Results Are Already Priced In

Apr 06

BlackRock TCP Capital: 9% Yield, Get Your Marshmallow Now

Jan 18

TCPC: Undervalued BDC With Income Tailwinds

Sep 28

BlackRock TCP Capital: 8% Yield, Good Dividend Coverage, NAV Up 15%

May 08

BlackRock TCP Capital EPS beats by $0.29, misses on revenue

May 05

BlackRock TCP Capital Corp.: 10% Yield, 6% Discount

Nov 29

BlackRock TCP Capital Corp 2020 Q3 - Results - Earnings Call Presentation

Nov 09

BlackRock TCP Capital declares $0.30 dividend

Nov 02

Shareholder Returns

TCPCUS Capital MarketsUS Market
7D1.2%-4.7%-4.4%
1Y-32.5%9.0%2.5%

Return vs Industry: TCPC underperformed the US Capital Markets industry which returned 9% over the past year.

Return vs Market: TCPC underperformed the US Market which returned 2.5% over the past year.

Price Volatility

Is TCPC's price volatile compared to industry and market?
TCPC volatility
TCPC Average Weekly Movement6.1%
Capital Markets Industry Average Movement5.4%
Market Average Movement7.7%
10% most volatile stocks in US Market16.6%
10% least volatile stocks in US Market4.1%

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 (6%) has been stable over the past year.

Community vs My Fair Value

Select a narrative for quick price alerts from the community, or create your own.

About the Company

FoundedEmployeesCEOWebsite
2006n/an/awww.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

How do BlackRock TCP Capital's earnings and revenue compare to its market cap?
TCPC fundamental statistics
Market capUS$568.32m
Earnings (TTM)-US$63.14m
Revenue (TTM)US$259.44m

2.2x

P/S Ratio

-9.1x

P/E Ratio

Is TCPC overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
TCPC income statement (TTM)
RevenueUS$259.44m
Cost of RevenueUS$0
Gross ProfitUS$259.44m
Other ExpensesUS$322.57m
Earnings-US$63.14m

Last Reported Earnings

Dec 31, 2024

Next Earnings Date

May 08, 2025

Earnings per share (EPS)-0.74
Gross Margin100.00%
Net Profit Margin-24.34%
Debt/Equity Ratio142.5%

How did TCPC perform over the long term?

See historical performance and comparison

Dividends

15.4%

Current Dividend Yield

-172%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/04/22 00:24
End of Day Share Price 2025/04/22 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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 16 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.

AnalystInstitution
Derek HewettBofA Global Research
Richard EckertB. Riley Securities, Inc.
Christopher TestaB. Riley Wealth