BlackRock's TCPC Cleanup: A Move to Sharpen Private Credit Strategy?
BLK may sell TCPC's remaining $671M loan portfolio to reduce legacy credit risk while sharpening its broader private-credit strategy.
Zacks Investment Research8/25/2026Neutral
TCPC
BlackRock TCP Capital CorpNASDAQFINANCIAL SERVICESASSET MANAGEMENT
Key Statistics
Market Cap
$340.64M
P/E Ratio
—
EPS
$-1.28
Beta
1.00
52W High
$6.10
52W Low
$3.08
50-Day MA
$3.59
200-Day MA
$4.36
Dividend Yield
20.60%
Profit Margin
-61.30%
Forward P/E
9.90
PEG Ratio
0.91
About BlackRock TCP Capital Corp
BlackRock TCP Capital Corp (TCPC) is a prominent business development company that specializes in delivering customized financing solutions to middle-market enterprises across diverse industries. Backed by the extensive investment expertise of BlackRock, TCPC primarily offers senior secured loans and a variety of debt instruments, prioritizing strong risk-adjusted returns and capital preservation. With a proactive investment approach and robust market relationships, the firm effectively maneuvers through changing economic landscapes. Furthermore, TCPC's commitment to consistent dividend distributions positions it as an attractive option for income-focused investors seeking stability and resilience in uncertain market conditions.
Fundamentals
| Revenue (TTM) | $177.04M |
| Gross Profit (TTM) | $177.04M |
| EBITDA | — |
| Operating Margin | 82.80% |
| Return on Equity | -16.80% |
| Return on Assets | 5.48% |
| Revenue/Share (TTM) | $2.10 |
| Book Value | $6.58 |
| Price-to-Book | 0.62 |
| Price-to-Sales (TTM) | 1.93 |
| EV/Revenue | 299.09 |
| EV/EBITDA | — |
| Quarterly Earnings Growth (YoY) | 13.40% |
| Quarterly Revenue Growth (YoY) | -22.20% |
| Shares Outstanding | $83.90M |
| Float | 0 |
| % Insiders | 0.37% |
| % Institutions | 27.41% |
Historical Volatility
HV 10-Day
19.66%
HV 20-Day
32.04%
HV 30-Day
46.47%
HV 60-Day
43.20%
HV Rank
76.6%
Volatility is currently contracting
Analyst Ratings
Consensus ($4.33 target)
2
Hold1
Sell1
Strong SellLatest News
Blackrock Tcp Capital Q2 Earnings Call Highlights
Blackrock Tcp Capital NASDAQ: TCPC said its second-quarter results and a newly completed portfolio sale transaction have materially reduced leverage, expanded liquidity and prompted the board to begin a strategic review of alternatives intended to build long-term shareholder value.
MarketBeat8/7/2026Neutral
BlackRock TCP Capital Corp (TCPC) Q2 2026 Earnings Call Transcript
BlackRock TCP Capital Corp (TCPC) Q2 2026 Earnings Call Transcript
Seeking Alpha8/6/2026Neutral
BlackRock TCP (TCPC) Beats Q2 Earnings and Revenue Estimates
BlackRock TCP (TCPC) came out with quarterly earnings of $0.22 per share, beating the Zacks Consensus Estimate of $0.2 per share. This compares to earnings of $0.32 per share a year ago.
Zacks Investment Research8/6/2026Positive
Portnoy Law Firm Announces Class Action on Behalf of BlackRock TCP Capital Corp. Investors
LOS ANGELES, Aug. 04, 2026 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises BlackRock TCP Capital Corp., (“BlackRock” or the "Company") (NASDAQ: TCPC) investors of a class action on behalf of investors that bought securities between November 6, 2024 and January 23, 2026, inclusive (the “Class Period”). BlackRock investors have until April 6, 2026 to file a lead plaintiff motion.
GlobeNewsWire8/4/2026Neutral
Earnings Preview: BlackRock TCP (TCPC) Q2 Earnings Expected to Decline
BlackRock TCP (TCPC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Zacks Investment Research7/30/2026Negative
Portnoy Law Firm Announces Class Action on Behalf of BlackRock TCP Capital Corp. Investors
LOS ANGELES, July 28, 2026 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises BlackRock TCP Capital Corp., (“BlackRock” or the "Company") (NASDAQ: TCPC) investors of a class action on behalf of investors that bought securities between November 6, 2024 and January 23, 2026, inclusive (the “Class Period”). BlackRock investors have until April 6, 2026 to file a lead plaintiff motion.
GlobeNewsWire7/28/2026Neutral
BlackRock TCP (TCPC) Upgraded to Buy: Here's Why
BlackRock TCP (TCPC) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Zacks Investment Research7/13/2026Positive
Should Value Investors Buy BlackRock TCP Capital (TCPC) Stock?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Zacks Investment Research7/13/2026Positive
5 Income Stocks Yielding 10%+ with Dividends in Danger
Massive dividend yields are a huge draw for investors – both because everyone likes income
24/7 Wall Street7/9/2026Neutral
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Data last updated: 9/7/2026