Blackrock Tcp Capital (NASDAQ:TCPC) Issues Q4 2025 Earnings Guidance

Blackrock Tcp Capital (NASDAQ:TCPC) updated its fourth quarter 2025 earnings guidance on Monday. The company provided earnings per share (EPS) guidance of 0.240-0.260 for the period, compared to the consensus estimate of 0.280. The company issued revenue guidance of -.

Blackrock Tcp Capital Trading Down 14.2%

Blackrock Tcp Capital stock traded down $0.84 during midday trading on Monday, reaching $5.03. 2,844,430 shares of the stock traded hands, compared to its average volume of 719,976. The firm has a market cap of $426.32 million, a PE ratio of -38.64 and a beta of 0.89. The company has a current ratio of 14.55, a quick ratio of 14.55 and a debt-to-equity ratio of 1.42. The company has a 50-day simple moving average of $5.73 and a two-hundred day simple moving average of $6.31. Blackrock Tcp Capital has a 12-month low of $4.88 and a 12-month high of $9.48.

Blackrock Tcp Capital (NASDAQ:TCPC) last issued its quarterly earnings results on Thursday, November 6th. The investment management company reported $0.32 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.33 by ($0.01). Blackrock Tcp Capital had a positive return on equity of 15.27% and a negative net margin of 4.20%.The business had revenue of $50.52 million for the quarter, compared to analyst estimates of $51.01 million. Research analysts expect that Blackrock Tcp Capital will post 1.65 earnings per share for the current fiscal year.

Blackrock Tcp Capital Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Wednesday, December 17th were given a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 19.9%. The ex-dividend date of this dividend was Wednesday, December 17th. Blackrock Tcp Capital’s dividend payout ratio (DPR) is currently -769.23%.

Analyst Ratings Changes

A number of analysts have recently weighed in on the company. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Blackrock Tcp Capital in a research report on Monday, December 29th. Wells Fargo & Company lowered their target price on Blackrock Tcp Capital from $6.00 to $5.50 and set an “underweight” rating for the company in a research note on Monday, November 10th. Wall Street Zen raised Blackrock Tcp Capital from a “sell” rating to a “hold” rating in a research report on Sunday, November 2nd. Finally, Zacks Research upgraded Blackrock Tcp Capital from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, January 6th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, Blackrock Tcp Capital has an average rating of “Hold” and a consensus price target of $6.50.

Hedge Funds Weigh In On Blackrock Tcp Capital

Several hedge funds have recently added to or reduced their stakes in the stock. Sunbelt Securities Inc. increased its holdings in shares of Blackrock Tcp Capital by 585.2% in the third quarter. Sunbelt Securities Inc. now owns 93,050 shares of the investment management company’s stock valued at $577,000 after purchasing an additional 79,470 shares during the period. Caxton Associates LLP grew its position in Blackrock Tcp Capital by 16.2% in the 2nd quarter. Caxton Associates LLP now owns 60,779 shares of the investment management company’s stock valued at $468,000 after buying an additional 8,479 shares during the last quarter. Aquatic Capital Management LLC purchased a new position in Blackrock Tcp Capital in the 3rd quarter valued at $455,000. Virtu Financial LLC acquired a new position in Blackrock Tcp Capital in the 3rd quarter valued at $191,000. Finally, Verition Fund Management LLC purchased a new position in Blackrock Tcp Capital during the 3rd quarter worth $170,000.

About Blackrock Tcp Capital

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.