Blackrock Tcp Capital (TCPC) Expected to Announce Earnings on Thursday

Blackrock Tcp Capital (NASDAQ:TCPC) is expected to post its Q1 2026 results before the market opens on Thursday, May 7th. Analysts expect Blackrock Tcp Capital to post earnings of $0.20 per share and revenue of $40.0970 million for the quarter. Parties can find conference call details on the company’s upcoming Q1 2026 earning report page for the latest details on the call scheduled for Thursday, May 7, 2026 at 12:00 PM ET.

Blackrock Tcp Capital (NASDAQ:TCPC) last posted its quarterly earnings results on Friday, February 27th. The investment management company reported $0.26 earnings per share for the quarter, missing the consensus estimate of $0.29 by ($0.03). Blackrock Tcp Capital had a negative net margin of 44.07% and a positive return on equity of 15.06%. The company had revenue of $43.92 million during the quarter, compared to the consensus estimate of $46.99 million. On average, analysts expect Blackrock Tcp Capital to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Blackrock Tcp Capital Stock Down 0.4%

NASDAQ TCPC traded down $0.02 during trading hours on Tuesday, hitting $4.37. The company’s stock had a trading volume of 563,454 shares, compared to its average volume of 1,165,119. The company has a market capitalization of $368.42 million, a PE ratio of -4.17 and a beta of 0.98. Blackrock Tcp Capital has a 52 week low of $3.43 and a 52 week high of $8.06. The company’s 50-day simple moving average is $3.94 and its two-hundred day simple moving average is $5.00. The company has a current ratio of 17.66, a quick ratio of 17.66 and a debt-to-equity ratio of 1.73.

Blackrock Tcp Capital Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Tuesday, March 17th were issued a $0.17 dividend. The ex-dividend date was Tuesday, March 17th. This represents a $0.68 annualized dividend and a dividend yield of 15.5%. Blackrock Tcp Capital’s dividend payout ratio is currently -64.76%.

Analyst Ratings Changes

Several research firms recently weighed in on TCPC. Wells Fargo & Company cut their price target on shares of Blackrock Tcp Capital from $5.50 to $3.50 and set an “underweight” rating on the stock in a report on Monday, March 2nd. Keefe, Bruyette & Woods reissued an “underperform” rating and set a $3.50 target price (down from $7.00) on shares of Blackrock Tcp Capital in a research report on Tuesday, March 3rd. Wall Street Zen downgraded Blackrock Tcp Capital from a “hold” rating to a “sell” rating in a research report on Saturday, March 7th. Finally, Zacks Research lowered Blackrock Tcp Capital from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, February 4th. One equities research analyst has rated the stock with a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat.com, Blackrock Tcp Capital presently has an average rating of “Strong Sell” and an average price target of $3.50.

Insiders Place Their Bets

In related news, COO Patrick Wolfe purchased 6,850 shares of the firm’s stock in a transaction dated Friday, March 13th. The shares were purchased at an average cost of $3.65 per share, for a total transaction of $25,002.50. Following the completion of the transaction, the chief operating officer directly owned 16,086 shares in the company, valued at approximately $58,713.90. This represents a 74.17% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink. 0.37% of the stock is owned by insiders.

Institutional Trading of Blackrock Tcp Capital

Hedge funds and other institutional investors have recently bought and sold shares of the company. CIBC Bancorp USA Inc. bought a new stake in shares of Blackrock Tcp Capital in the 3rd quarter valued at about $65,000. Cerity Partners LLC purchased a new stake in shares of Blackrock Tcp Capital in the 4th quarter worth about $70,000. Millennium Management LLC bought a new position in shares of Blackrock Tcp Capital in the 4th quarter worth about $73,000. Boothbay Fund Management LLC purchased a new position in Blackrock Tcp Capital during the 4th quarter valued at about $75,000. Finally, Creative Planning bought a new stake in Blackrock Tcp Capital during the second quarter worth about $85,000.

Blackrock Tcp Capital Company Profile

BlackRock TCP Capital Corp is a publicly traded business development company (BDC) listed on the NASDAQ under the ticker TCPC. Externally managed by BlackRock, the firm provides customized financing solutions to U.S. middle-market companies, with a focus on sponsor-backed transactions. Its core strategy centers on delivering current income and capital appreciation through a diversified portfolio of debt and equity investments across a variety of sectors, including consumer products, healthcare, business services and industrials.

Since its initial public offering in 2013, BlackRock TCP Capital has partnered with private equity sponsors to underwrite and structure senior secured first-lien loans, second-lien loans, mezzanine debt and select equity co-investments.