B

    BlackRock TCP Capital Corp (TCPC)

    Official site

    FINANCIAL SERVICES • ASSET MANAGEMENT • NASDAQ

    $4.16
    +0.04 (+0.97%)

    Market Cap: $345.68M

    Last updated: Sep 01, 2026 at 10:00 AM ET

    Earnings

    Performance (10Y)

    Beat Rate
    78%(31/40)
    Avg Surprise
    +3.49%
    Streak
    1 Q

    Upcoming Estimates

    Sep 30, 2026
    EPS Consensus$0.13
    Range$0.09 - $0.15
    4 analysts
    EPS RevisionsNo revisions (7d)
    0
    1
    30d
    EPS Estimate Drift
    90d ago$0.21+65.4%
    60d ago$0.20+62.0%
    30d ago$0.20+62.0%
    7d ago$0.20+60.0%
    Current$0.13
    Revenue Consensus
    $28M
    Range$25M - $29M
    4 analysts
    Dec 31, 2026
    EPS Consensus$0.13
    Range$0.10 - $0.15
    4 analysts
    Revenue Consensus
    $23M
    Range$20M - $25M
    4 analysts
    PeriodReportedEst.SurpriseB/MYoY
    Dec 26EST
    		-$0.13---
    Sep 26EST
    		-$0.13---
    Jun 26
    		$0.22$0.20+10.00%Beat-31.3%
    Mar 26
    		$0.22$0.23-5.38%Miss-38.9%
    Dec 25
    		$0.28$0.27+3.70%Beat-30.0%
    Sep 25
    		$0.32$0.30+6.67%Beat-20.0%
    Jun 25
    		$0.32$0.34-5.88%Miss-23.8%
    Mar 25
    		$0.36$0.34+5.88%Beat-20.0%
    Dec 24
    		$0.40$0.37+7.53%Beat-9.1%
    Sep 24
    		$0.40$0.39+2.56%Beat-18.4%
    Jun 24
    		$0.42$0.43-2.33%Miss-12.5%
    Mar 24
    		$0.45$0.44+2.27%Beat+2.3%
    Dec 23
    		$0.44$0.47-6.38%Miss+12.8%
    Sep 23
    		$0.49$0.47+4.26%Beat+16.7%
    Jun 23
    		$0.48$0.43+11.63%Beat+29.7%
    Mar 23
    		$0.44$0.41+7.32%Beat+29.4%
    Dec 22
    		$0.39$0.39+0.00%Beat+25.8%
    Sep 22
    		$0.42$0.35+20.00%Beat+31.2%
    Jun 22
    		$0.37$0.32+15.63%Beat+19.4%
    Mar 22
    		$0.34$0.32+6.25%Beat+6.3%
    Dec 21
    		$0.31$0.32-3.13%Miss-11.4%
    Sep 21
    		$0.32$0.32+0.00%Beat-8.6%
    Jun 21
    		$0.31$0.33-6.06%Miss-13.9%
    Mar 21
    		$0.32$0.32+0.00%Beat-15.8%
    Dec 20
    		$0.35$0.33+6.06%Beat-10.3%
    Sep 20
    		$0.35$0.32+9.38%Beat-18.6%
    Jun 20
    		$0.36$0.31+16.13%Beat-12.2%
    Mar 20
    		$0.38$0.37+2.70%Beat-5.0%
    Dec 19
    		$0.39$0.39+0.00%Beat+0.0%
    Sep 19
    		$0.43$0.40+7.50%Beat+2.4%
    Jun 19
    		$0.41$0.40+2.50%Beat+0.0%
    Mar 19
    		$0.40$0.40+0.00%Beat+8.1%
    Dec 18
    		$0.39$0.40-2.50%Miss-4.9%
    Sep 18
    		$0.42$0.40+5.00%Beat+10.5%
    Jun 18
    		$0.41$0.39+5.13%Beat-4.7%
    Mar 18
    		$0.37$0.39-5.13%Miss-2.6%
    Dec 17
    		$0.41$0.38+7.89%Beat+13.9%
    Sep 17
    		$0.38$0.38+0.00%Beat-2.6%
    Jun 17
    		$0.43$0.38+13.16%Beat-
    Mar 17
    		$0.38$0.38+0.00%Beat-
    Dec 16
    		$0.36$0.38-5.26%Miss-
    Sep 16
    		$0.39$0.38+2.63%Beat-

    Dividends

    Dividend Metrics

    Yield21.15%
    Annual/Share$0.88
    Payout Ratio95.97%
    Frequency4
    Pay MonthsMar, Jun, Sep, Dec

    Growth

    3Y CAGR-2.81%
    5Y CAGR-3.23%
    View TCPC's full dividend history

    Key Metrics

    Valuation
    P/E Ratio4.00EV/EBITDAN/A
    Price/FCFN/AFCF YieldN/A
    Profitability
    Profit Margin-61.30%Operating Margin82.80%
    ROE-16.80%ROIC-7.86%
    Financial Health
    Debt/Equity1.65xInterest Coverage-1.82x
    Current RatioN/AQuick RatioN/A
    Trading Statistics
    Beta1.00Avg Volume880.50K
    52-Week High$6.1052-Week Low$3.08

    Technical Indicators Dashboard

    Moving Averages

    SMA 10$4.10
    SMA 20$4.01
    SMA 50$3.55
    SMA 200$4.09
    EMA 10$4.09
    EMA 20$3.97
    EMA 50$3.75
    EMA 200$4.11

    MACD

    Line: 0.17Signal: 0.18Hist: -0.01

    ADX

    ADX: 44.6+DI: 35.4-DI: 10.0

    Aroon & PSAR

    Aroon Up52.0
    Aroon DownN/A
    PSAR$4.01

    Bollinger Bands

    Upper Band$4.40
    Lower Band$3.63
    %B Position1911%(Upper)
    Band Width0.69

    RSI (14-Day)

    Neutral
    66.4

    Momentum Oscillators

    Stoch %K73.2
    Stoch %D74.2
    Williams %R-21.3
    ROC (10d)2.0%
    Momentum0.08
    CCI (20d)77.6
    MFI (14d)63.5

    Volatility Measures

    ATR (14d)$0.13(3.2%)
    StdDev (20d)0.19
    Hist Vol55.1%(High)

    Volume Flow

    VWAP$4.17
    OBV-27.1M
    AD Line-2.6B
    CMF (20d)0.255

    Volume Metrics

    Avg Vol (20d)895.4K
    Vol Ratio0.5x
    VWMA (20d)$4.00

    Pivot Points

    R3$4.22
    R2$4.19
    R1$4.16
    Pivot Point$4.13
    S1$4.09
    S2$4.06
    S3$4.03

    Advanced Oscillators

    TSI32.48
    Ultimate Osc53.8
    KST219.39

    Financial Data

    QuarterJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024Mar 2024Dec 2023Sep 2023
    Total Revenue$5.61M$-60,237,320$-78,359,719$26.01M$-41,472,495$-31,920,150$68.09M$33.31M$-51,276,517$0$177.68M$37.63M
    Cost of RevenueN/A$5.25M$4.01M$16.82M$17.09M$15.33M$16.31M$21.16M$19.73M$12.15M$11.83M$122,860
    Gross ProfitN/A$4.60M$-33,971,194$25.24M$-14,585,213$23.77M$-33,379,595$24.80M$-48,681,514$8.67M$50.85M$54.21M
    Operating Expenses$6.81M$1.98M$21.65M$8.17M$22.60M$1.51M$148.90M$15.80M$15.97M$1.48M$80.55M$25.88M
    R&D$0$0$0$0$0$0$0$0$0$0$0$0
    SG&A$0$0$0$0$0$0$0$0$0$0$0$0
    Operating IncomeN/A$-253,440$-102,503,583$24.37M$-15,906,584$20.89M$-38,028,202$21.63M$-51,276,517$5.06M$37.30M$40.47M
    Interest Income$36.99M$37.57M$88.03M$45.74M$45.62M$46.10M$176.88M$66.59M$0$0$51.25M$49.74M
    Interest Expense$15.00M$16.05M$32.19M$16.82M$0$17.08M$-21,160,551$21.16M$0$0$-12,133,863$12.13M
    Income Before Tax$18.14M$-19,635,095$31.80M$27.28M$-12,604,422$22.46M$-199,082,022$33.88M$-67,250,381$28.26M$27.90M$28.32M
    Income Tax Expense$0$0$0$0$0$0$0$0$0$0$0$0
    Net Income$1.75M$-16,301,888$-118,288,729$24.37M$-15,906,584$20.89M$-101,687,928$21.63M$-51,276,517$5.06M$25.16M$12.82M
    EBITDA$-3,512,043$-61,995,737$-34,354,233$-78,487,544$-88,383,088$-66,136,179$-13,262,703$-7,010,441$-72,728,501$-2,733,286$134.28M$26.50M
    EBIT$-1,204,613$-62,218,174$-100,005,980$17.84M$-64,069,419$-33,429,061$-80,811,788$17.51M$-67,250,381$-1,480,679$97.13M$11.75M
    * Some calculated fields are derived from available data when not provided by source

    Related GNG Research

    No research available

    Be the first to write about TCPC

    News

    BlackRock's TCPC Cleanup: A Move to Sharpen Private Credit Strategy?

    BlackRock is exploring the sale of BlackRock TCP Capital Corp.'s remaining $671 million loan portfolio, a move seen as a cleanup of a weaker legacy asset rather than an exit from private credit. TCPC has faced credit-quality issues, and divesting it would reduce risks for BlackRock while allowing the company to focus on its significantly expanded private credit platform, Private Financing Solutions, formed after acquiring HPS Investment Partners. This strategic realignment comes amidst increased scrutiny of the private credit market due to higher borrowing costs.

    TradingView•8/25/26•
    Somewhat-Bullish

    BlackRock explores sale of TCP Capital's remaining loans - report (BLK:NYSE)

    BlackRock is reportedly exploring the sale of the remaining $671 million in loans held by its business development company, BlackRock TCP Capital (TCPC). This move comes as BlackRock manages TCPC through an indirect subsidiary. The potential sale was reported by Bloomberg News, citing anonymous sources familiar with the matter.

    Seeking Alpha•8/24/26•
    Neutral

    Next Capital Management LLC Invests $10.52 Million in Blackrock Tcp Capital Corp. $TCPC

    Next Capital Management LLC has acquired a new stake of 3.13 million shares in Blackrock Tcp Capital Corp. (TCPC) valued at approximately $10.52 million, making it their 8th largest position. Blackrock Tcp Capital recently reported strong Q2 earnings, beating analyst estimates for both EPS and revenue, and declared a quarterly dividend of $0.17 per share, representing a 16.7% annualized yield. Despite these positive financial results, analysts maintain a "Reduce" consensus rating for the stock with an average price target of $3.75.

    MarketBeat•8/15/26•
    Neutral

    Press Release: BlackRock TCP Capital Corp. Announces Second Quarter 2026 Financial Results and $523 Million Portfolio Sale

    BlackRock TCP Capital Corp. (TCPC) announced its second-quarter 2026 financial results, reporting net investment income of $0.42 per share, exceeding its dividend. The company also disclosed a significant transaction: the sale of $523 million of its holdings to an unrelated third party, which is expected to enhance liquidity and support future investment strategies.

    富途牛牛•8/12/26•
    Bullish

    Earnings call transcript: BlackRock TCP Capital posts mixed Q2 2026 results

    BlackRock TCP Capital reported mixed Q2 2026 results with EPS missing analyst expectations significantly at $0.02 vs $0.20, but revenue exceeding forecasts at $40.02 million. The company's shares rose 8.29% in pre-market trading, driven by investor focus on a major portfolio sale, reduced leverage, and enhanced financial flexibility. Management announced a strategic review with KBW to explore options including portfolio reinvestment, capital returns, or corporate transactions, emphasizing a stronger foundation for long-term shareholder value.

    Investing.com Nigeria•8/8/26•
    Somewhat-Bullish

    Frequently Asked Questions About TCPC

    What is TCPC's current dividend yield?
    BlackRock TCP Capital Corp (TCPC) has a current dividend yield of 21.15%.
    Does TCPC pay dividends?
    Yes, BlackRock TCP Capital Corp pays dividends with a current yield of 21.15%.
    What is TCPC's P/E ratio?
    BlackRock TCP Capital Corp has a price-to-earnings (P/E) ratio of 4.00.
    What is TCPC's market cap?
    BlackRock TCP Capital Corp (TCPC) has a market capitalization of $345.68M with a current stock price of $4.16.

    Get full access to GNG Research

    Create a free account to access portfolio tracking, advanced tools, and more.

    Create Free AccountLog In