TCPC

BlackRock TCP Capital Corp

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Advanced Chart

7.050

-0.1(-1.399%)1D

Overview
Forecast
Valuation
Earnings

Line

Candle

YTD

High

7.170

Open

7.150

VWAP

7.09

Vol

415.57K

Mkt Cap

599.51M

Low

7.050

Amount

2.95M

EV/EBITDA(TTM)

27.66

Total Shares

85.59M

1.67B

EV/OCF(TTM)

9.06

P/S(TTM)

6.00

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.

Market Estimates

Earnings Estimates

Revenue

YoY Chg

EPS

YoYChg

FY2024Q4

FY2025Q1

FY2025Q2

65.20M

+28.23%

0.372

-15.45%

57.95M

+3.98%

0.342

-24%

54.50M

-23.8%

0.318

-24.4%

Estimates Revision

The market is revising No Change the revenue expectations for BlackRock TCP Capital Corp. (TCPC) for FY2024, with the revenue forecasts being adjusted by 0% over the past three months. During the same period, the stock price has changed by -9.27%.

Revenue Estimates for FY2024

No Change

0.00%

In Past 3 Month

EPS Estimates for FY2024

No Change

0.00%

In Past 3 Month

Stock Price

Go Down

-9.27%

In Past 3 Month

2 Analyst Rating

-0.71% Downside

Wall Street analysts forecast TCPC stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for TCPC is 7.00 USD with a low forecast of 6.50 USD and a high forecast of 7.50 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.

0 Buy

1 Hold

1 Sell

Moderate Sell

-0.71% Downside

Current: 7.050

Low

6.50

Averages

7.00

High

7.50

-0.71% Downside

Current: 7.050

Low

6.50

Averages

7.00

High

7.50

Wells Fargo

Finian P. O'Shea

Underweight

downgrade

2025-08-12

Reason

Wells Fargo

Finian P. O'Shea

Price Target

2025-08-12

downgrade

Underweight

Reason

Wells Fargo analyst Finian P. O'Shea lowered the firm's price target on BlackRock TCP Capital to $6 from $6.50 and keeps an Underweight rating on the shares. The firm says changes under BlackRock's new PFS don't seem to readily address the discounted valuation, and the dividend likely faces another leg down.

Keefe, Bruyette & Woods

Paul Johnson

Hold

Maintains

$8.5 → $7.5

2025-04-08

Reason

Keefe, Bruyette & Woods

Paul Johnson

Price Target

$8.5 → $7.5

2025-04-08

Maintains

Hold

Reason

Keefe, Bruyette & Woods

Paul Johnson

Hold

Maintains

$9 → $8.5

2025-02-28

Reason

Keefe, Bruyette & Woods

Paul Johnson

Price Target

$9 → $8.5

2025-02-28

Maintains

Hold

Reason

Wells Fargo

Finian O'Shea

Sell

Maintains

$8 → $7.5

2025-02-28

Reason

Wells Fargo

Finian O'Shea

Price Target

$8 → $7.5

2025-02-28

Maintains

Sell

Reason

Wells Fargo

Finian O'Shea

Sell

Maintains

$7.5 → $8

2024-11-07

Reason

Wells Fargo

Finian O'Shea

Price Target

$7.5 → $8

2024-11-07

Maintains

Sell

Reason

Wells Fargo

Finian O'Shea

Sell

Maintains

$8 → $7.5

2024-10-29

Reason

Wells Fargo

Finian O'Shea

Price Target

$8 → $7.5

2024-10-29

Maintains

Sell

Reason

See All Ratings

Valuation Metrics

The current forward P/E ratio for BlackRock TCP Capital Corp (TCPC.O) is 4.27, compared to its 5-year average forward P/E of 7.62. 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.

Undervalued

5Y Average PE

7.62

Current PE

4.27

Overvalued PE

9.73

Undervalued PE

5.51

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.

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.

Undervalued

5Y Average PS

3.58

Current PS

2.21

Overvalued PS

4.41

Undervalued PS

2.75