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TCPC Overview

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$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

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High
3.820
Open
3.780
VWAP
3.76
Vol
1.60M
Mkt Cap
322.14M
Low
3.665
Amount
6.01M
EV/EBITDA(TTM)
--
Total Shares
84.33M
EV
1.30B
EV/OCF(TTM)
8.37
P/S(TTM)
87.35
BlackRock TCP Capital Corp. is an externally managed, closed-end, non-diversified management investment company. The Company is a specialty finance company focused on direct lending to middle-market companies as well as small businesses. The Company’s investment objective is to achieve high total returns through current income and capital appreciation, with an emphasis on principal protection. It invests primarily in the debt of middle-market companies as well as small businesses, including senior secured loans, junior loans, mezzanine debt and bonds. Such investments may include an equity component, and, to a lesser extent, it may make equity investments directly. It invests in various industries, including automobiles, Internet software and service, software, diversified financial services, diversified consumer services, health care technology, healthcare providers and services, media, construction and engineering, and real estate management and development, among others.
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Events Timeline

(ET)
2026-02-27
08:20:00
Company Reports Q4 NAV per Share at $7.07
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2026-01-26 (ET)
2026-01-26
16:30:00
Major Averages Close Broadly Higher as Investors Brace for Earnings Reports
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2026-01-26
12:11:00
Major Averages Rebound, Nasdaq Up 0.67%
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2026-01-26
09:00:00
U.S. Stock Futures Modestly Lower Amid Geopolitical Uncertainty
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2026-01-26
08:00:00
Company Sees Q4 NAV per Share Between $7.05 and $7.09
select
2025-11-06 (ET)
2025-11-06
09:14:57
BlackRock TCP Capital announces Q3 earnings per share of 32 cents, surpassing consensus estimate of 30 cents.
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News

Globenewswire
7.0
03-08Globenewswire
Class Action Alerts for BlackRock and Plug Power Investors
  • Litigation Timeline: A class action lawsuit against BlackRock TCP Capital Corp. was initiated on January 23, 2026, with investors needing to apply as lead plaintiffs by April 6, 2026, alleging the company failed to disclose timely investment valuations and net asset values, resulting in significant shareholder losses.
  • Net Asset Value Decline: On January 23, 2026, BlackRock TCP disclosed a 19% decline in the net asset value of its private corporate loans, which directly caused its stock price to drop 12.97% to $5.10 per share on January 26, 2026, reflecting market concerns about the company's financial health.
  • Executive Changes at Plug Power: Plug Power announced the abrupt resignations of CEO Andrew Marsh and President Sanjay Shrestha on October 7, 2025, creating significant uncertainty just before the expected financial report, leading to a 6.29% drop in stock price to $3.87 per share on the same day.
  • Project Suspension Impact: On November 13, 2025, Plug Power confirmed the suspension of plans to construct six hydrogen production facilities, jeopardizing a $1.66 billion DOE loan, which resulted in a 17.58% stock price decline over the following trading sessions, closing at $2.25 per share, indicating a major strategic pivot for the company.
PRnewswire
7.0
03-06PRnewswire
Reminder for BlackRock TCP Capital Corp. Class Action Lawsuit
  • Class Action Notice: Rosen Law Firm reminds investors who purchased BlackRock TCP Capital Corp. securities between November 6, 2024, and January 23, 2026, to apply as lead plaintiffs by April 6, 2026, to participate in the class action without any out-of-pocket fees.
  • Lawsuit Background: The lawsuit alleges that BlackRock TCP's management failed to timely and appropriately value investments, resulting in investors not receiving an accurate net asset value (NAV), and that positive statements about the company's business were materially misleading, causing investor losses.
  • Law Firm Credentials: Rosen Law Firm specializes in securities class actions and has achieved the largest securities class action settlement against a Chinese company, ranked No. 1 by ISS Securities Class Action Services in 2017, showcasing its expertise and success in this field.
  • Investor Selection Advice: Investors are advised to carefully choose law firms with proven success in leadership roles, avoiding those that merely act as intermediaries, to ensure they receive the best legal support and potential compensation in the class action.
Globenewswire
7.0
03-05Globenewswire
Reminder of Class Action for BlackRock TCP Capital Corp. Investors
  • Class Action Notice: Rosen Law Firm reminds investors who purchased BlackRock TCP Capital Corp. securities between November 6, 2024, and January 23, 2026, to apply as lead plaintiffs by April 6, 2026, or risk losing their compensation rights in the class action.
  • Fee Structure: Investors joining the class action will incur no out-of-pocket costs, as the law firm operates on a contingency fee basis, which alleviates financial burdens and encourages more affected investors to seek compensation.
  • Lawsuit Background: The lawsuit alleges that BlackRock TCP Capital Corp. made materially false and misleading statements regarding its business and operations, failing to disclose the true value of its investments, which has resulted in investor losses, highlighting serious governance and transparency issues within the company.
  • Law Firm Credentials: Rosen Law Firm is renowned for its successful track record in securities class actions, having recovered over $438 million for investors in 2019 alone, demonstrating its expertise and influence in handling such cases effectively.
Globenewswire
7.0
03-05Globenewswire
Class Action Lawsuits Filed for Multiple Companies
  • Class Action Reminder: The Law Offices of Frank R. Cruz remind investors of class action lawsuits filed against BlackRock TCP Capital Corp., Oracle Corporation, Paysafe Limited, and Inovio Pharmaceuticals, urging investors to file lead plaintiff motions by the specified deadlines to protect their rights.
  • BlackRock TCP Details: The lawsuit alleges that from November 2024 to January 2026, BlackRock failed to timely and appropriately value its investments, resulting in an overstated net asset value and exposing investors to potential losses.
  • Oracle Lawsuit Impact: In the lawsuit covering June to December 2025, Oracle is accused of failing to disclose that its AI infrastructure strategy would lead to significant capital expenditure increases, raising concerns about its debt and credit rating, which could negatively affect investor confidence.
  • Paysafe and Inovio Lawsuits: Paysafe's lawsuit highlights significant exposure to a single high-risk client, potentially hindering revenue growth, while Inovio faces challenges in submitting a critical drug application on time due to manufacturing deficiencies, both of which could undermine investor trust.
seekingalpha
7.0
03-05seekingalpha
BlackRock's Private Loan Write-Down Raises Concerns
  • Loan Write-Down: BlackRock (BLK) wrote down a $25 million second-lien loan to Infinite Commerce Holdings to zero, three months after valuing it at 100 cents on the dollar, highlighting the lag in valuations of illiquid loans.
  • Increased Portfolio Risk: As of December 31, 2025, BlackRock TCP Capital (TCPC) had debt and preferred equity investments in 14 portfolio companies, representing 4.0% of its portfolio at fair value, up from 3.5% with nine companies in September, indicating rising investment risks.
  • Market Reaction: Following the news, BlackRock (BLK) shares fell by 0.5%, while BlackRock TCP Capital (TCPC) dipped 1.0%, reflecting investor concerns regarding the risks associated with private credit.
  • Industry Warning Signs: JPMorgan Chase CEO Jamie Dimon cautioned that recent bankruptcies may signal deeper issues within the private credit sector, although some analysts argue that these failures are still isolated incidents.
PRnewswire
7.0
03-05PRnewswire
Faruqi & Faruqi Investigates BlackRock TCP Investor Losses
  • Legal Investigation Launched: Faruq & Faruqi, LLP is investigating potential claims against BlackRock TCP Capital Corp., focusing on investor losses incurred between November 6, 2024, and January 23, 2026, indicating possible legal liabilities for the company.
  • Investor Rights Reminder: The firm reminds investors that April 6, 2026, is the deadline to seek the role of lead plaintiff in a federal securities class action, emphasizing the importance of timely action to protect their rights.
  • Direct Contact Channels: Investors who have suffered losses can directly contact Faruqi & Faruqi partner Josh Wilson at 877-247-4292 or 212-983-9330 (Ext. 1310) for legal consultation and support.
  • Potential Claim Risks: This investigation could lead to a class action lawsuit against BlackRock TCP, which, if successful, may significantly impact the company's financial standing, prompting investors to monitor developments closely to assess potential compensation for their losses.
Wall Street analysts forecast TCPC stock price to rise
2 Analyst Rating
Wall Street analysts forecast TCPC stock price to rise
0 Buy
1 Hold
1 Sell
Moderate Sell
Current: 0.000
sliders
Low
5.50
Averages
6.25
High
7.00
Current: 0.000
sliders
Low
5.50
Averages
6.25
High
7.00
Keefe Bruyette
Market Perform -> Underperform
downgrade
$7
AI Analysis
2026-03-03
Reason
Keefe Bruyette
Price Target
$7
AI Analysis
2026-03-03
downgrade
Market Perform -> Underperform
Reason
Keefe Bruyette downgraded BlackRock TCP Capital to Underperform from Market Perform with a price target of $3.50, down from $7. The company reported a "very poor quarter," the analyst tells investors in a research note. The firm says BlackRock TCP significantly wrote down several investments which reduced net asset value by 19%. Keefe expects these issues to continue to weigh on the company's book value.
Wells Fargo
Finian P. O'Shea
Underweight
downgrade
$6
2025-11-10
Reason
Wells Fargo
Finian P. O'Shea
Price Target
$6
2025-11-10
downgrade
Underweight
Reason
Wells Fargo analyst Finian P. O'Shea lowered the firm's price target on BlackRock TCP Capital to $5.50 from $6 and keeps an Underweight rating on the shares following quarterly results. The firm says a post-quarter write-off of Renovo highlights the risk of restructured credits.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for TCPC
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Valuation Metrics

The current forward P/E ratio for BlackRock TCP Capital Corp (TCPC.O) is 3.36, compared to its 5-year average forward P/E of 7.21. For a more detailed relative valuation and DCF analysis to assess BlackRock TCP Capital Corp's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PE
7.21
Current PE
3.36
Overvalued PE
9.55
Undervalued PE
4.87

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average EV/EBITDA
0.00
Current EV/EBITDA
0.00
Overvalued EV/EBITDA
0.00
Undervalued EV/EBITDA
0.00

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
3.42
Current PS
1.74
Overvalued PS
4.36
Undervalued PS
2.48

Financials

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Frequently Asked Questions

What is BlackRock TCP Capital Corp (TCPC) stock price today?

The current price of TCPC is 3.8 USD — it has decreased -0.52

What is BlackRock TCP Capital Corp (TCPC)'s business?

BlackRock TCP Capital Corp. is an externally managed, closed-end, non-diversified management investment company. The Company is a specialty finance company focused on direct lending to middle-market companies as well as small businesses. The Company’s investment objective is to achieve high total returns through current income and capital appreciation, with an emphasis on principal protection. It invests primarily in the debt of middle-market companies as well as small businesses, including senior secured loans, junior loans, mezzanine debt and bonds. Such investments may include an equity component, and, to a lesser extent, it may make equity investments directly. It invests in various industries, including automobiles, Internet software and service, software, diversified financial services, diversified consumer services, health care technology, healthcare providers and services, media, construction and engineering, and real estate management and development, among others.

What is the price predicton of TCPC Stock?

Wall Street analysts forecast TCPC stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for TCPC is6.25 USD with a low forecast of 5.50 USD and a high forecast of 7.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is BlackRock TCP Capital Corp (TCPC)'s revenue for the last quarter?

BlackRock TCP Capital Corp revenue for the last quarter amounts to -96.43M USD, increased 769.16

What is BlackRock TCP Capital Corp (TCPC)'s earnings per share (EPS) for the last quarter?

BlackRock TCP Capital Corp. EPS for the last quarter amounts to -1.39 USD, increased 208.89

How many employees does BlackRock TCP Capital Corp (TCPC). have?

BlackRock TCP Capital Corp (TCPC) has 0 emplpoyees as of March 09 2026.

What is BlackRock TCP Capital Corp (TCPC) market cap?

Today TCPC has the market capitalization of 322.14M USD.