BlackRock TCP Capital Corp
$ 3.68
0.55%
09 Jun - close price
- Market Cap 307,084,000 USD
- Current Price $ 3.68
- High / Low $ 3.73 / 3.64
- Stock P/E N/A
- Book Value 6.72
- EPS -1.49
- Next Earning Report 2026-08-06
- Dividend Per Share $0.92
- Dividend Yield 25 %
- Next Dividend Date 2026-06-30
- ROA 0.06 %
- ROE -0.19 %
- 52 Week High 6.97
- 52 Week Low 3.43
About
BlackRock TCP Capital Corp (TCPC) is a leading business development company dedicated to delivering tailored financing solutions to middle-market enterprises across a variety of sectors. With the backing of BlackRock's substantial investment expertise, TCPC focuses on offering senior secured loans and diverse debt instruments that aim to achieve robust risk-adjusted returns while maintaining a commitment to capital preservation. The firm's proactive approach to supporting portfolio growth, combined with its extensive market relationships, enhances its adaptability in fluctuating economic conditions. Additionally, TCPC’s strategic focus on consistent dividend distributions makes it an attractive option for income-driven investors seeking financial resilience amid market volatility.
Analyst Target Price
$4.17
Quarterly Earnings
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Reported Date | 2026-05-07 | 2026-02-27 | 2025-11-06 | 2025-08-07 | 2025-05-08 | 2025-02-27 | 2024-11-06 | 2024-08-07 | 2024-05-01 | 2024-02-29 | 2023-11-02 | 2023-08-03 |
| Reported EPS | 0.22 | 0.28 | 0.32 | 0.32 | 0.36 | 0.4 | 0.4 | 0.42 | 0.45 | 0.44 | 0.49 | 0.48 |
| Estimated EPS | 0.2325 | 0.27 | 0.3 | 0.32 | 0.34 | 0.372 | 0.39 | 0.43 | 0.44 | 0.47 | 0.47 | 0.43 |
| Surprise | -0.0125 | 0.01 | 0.02 | 0 | 0.02 | 0.028 | 0.01 | -0.01 | 0.01 | -0.03 | 0.02 | 0.05 |
| Surprise Percentage | -5.3763% | 3.7037% | 6.6667% | 0% | 5.8824% | 7.5269% | 2.5641% | -2.3256% | 2.2727% | -6.383% | 4.2553% | 11.6279% |
Next Quarterly Earnings
| Jun 2026 | |
|---|---|
| Reported Date | 2026-08-06 |
| Fiscal Date Ending | 2026-06-30 |
| Estimated EPS | 0.2 |
| Currency | USD |
Previous Dividend Records
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Payment Date | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-28 | 2024-03-29 | 2023-12-29 |
| Amount | $0.17 | $0.25 | $0.29 | $0.29 | $0.29 | $0.44 | $0.34 | $0.34 | $0.34 | $0.59 |
Next Dividend Records
| Dividend per share (year): | $0.92 |
| Dividend Yield | 25% |
| Next Dividend Date | 2026-06-30 |
| Ex-Dividend Date | 2026-06-16 |
Recent News: TCPC
2026-06-03 14:40:59
Kuehn Law, PLLC is investigating BlackRock TCP Capital Corp (NASDAQ: TCPC) for potential breaches of fiduciary duties by its officers and directors. The investigation stems from allegations in a federal securities lawsuit claiming the company misrepresented or failed to disclose timely and appropriate valuation of investments, ineffective portfolio restructuring, and overstated unrealized losses and NAV. The firm is encouraging shareholders who purchased TCPC prior to November 6, 2024, to contact them.
2026-06-03 06:40:59
BlackRock TCP Capital (TCPC) recently completed a $535.78 million collateralized loan obligation (CLO) financing transaction, issuing floating-rate notes and retaining subordinated tranches to comply with risk-retention rules. The proceeds will be used to purchase collateral loans, reshape its liability structure, and reduce funding costs. Despite this, an analyst maintains a "Sell" rating on TCPC stock with a $3.50 price target, citing weak profitability and bearish technicals, although the high dividend yield and progress on leverage offer some support.
2026-06-02 05:10:00
BlackRock TCP Capital Corp. has completed a $535.8 million CLO securitization through BlackRock DLF 2026-C CLO, LLC, involving a securities offering with multiple classes of notes. This move follows the entry into new material definitive agreements and the termination of a prior financing agreement, indicating a significant shift in the company's financial strategy. The offering is managed by Scotiabank as placement agent and is subject to strict regulatory compliance and selling restrictions, particularly for retail investors in the EU and UK.
2026-06-01 22:41:00
BlackRock TCP Capital Corp. has completed a $535.8 million Collateralized Loan Obligation (CLO) transaction through a subsidiary, utilizing the proceeds to prepay and terminate existing credit facilities. This move comes despite recent financial challenges and a significant stock price drop, with the company maintaining a high dividend yield and a 15-year history of dividend payments. The transaction involved issuing various classes of floating-rate notes due in 2034, backed by a diversified portfolio of middle-market loan obligations.
2026-06-01 20:41:00
BlackRock TCP Capital completed a $535.8 million Collateralized Loan Obligation (CLO) through an indirect subsidiary, issuing floating-rate notes backed by middle-market loans. The proceeds were used to purchase collateral and refinance existing debt, including the full repayment and early termination of the TCPC II Loan and Servicing Agreement. These actions are expected to reduce funding costs and extend liability duration for the company.
2026-06-01 20:41:00
BlackRock TCP Capital Corp. (TCPC) successfully completed a $535.8 million collateralized loan obligation (CLO) transaction on May 27, 2026, through a subsidiary. The CLO involved selling various tranches of floating rate Secured Notes maturing in 2034 and retaining $102.8 million in LLC Interests, along with junior C and D notes, by an indirect subsidiary. Proceeds from this transaction were used to prepay and terminate an existing loan and servicing agreement and to repay $54 million and $83 million under the BCIC and SVCP Credit Agreements, respectively, effectively restructuring the company's funding profile.
