Blackrock Tcp Capital (TCPC) to Release Quarterly Earnings on Thursday

Blackrock Tcp Capital (NASDAQ:TCPC) is expected to be issuing its Q1 2026 results before the market opens on Thursday, May 7th. Analysts expect the company to announce 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 announced its earnings results on Friday, February 27th. The investment management company reported $0.26 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.29 by ($0.03). Blackrock Tcp Capital had a positive return on equity of 15.06% and a negative net margin of 44.07%.The firm had revenue of $43.92 million for the quarter, compared to analyst estimates 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 Trading Down 0.6%

NASDAQ TCPC traded down $0.03 during mid-day trading on Wednesday, reaching $4.36. 143,212 shares of the stock were exchanged, compared to its average volume of 1,155,430. Blackrock Tcp Capital has a 1-year low of $3.43 and a 1-year high of $8.06. The business’s fifty day simple moving average is $3.94 and its 200 day simple moving average is $4.99. The stock has a market capitalization of $366.82 million, a PE ratio of -4.15 and a beta of 0.98. The company has a debt-to-equity ratio of 1.73, a quick ratio of 17.66 and a current ratio of 17.66.

Blackrock Tcp Capital Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Tuesday, March 17th were given a dividend of $0.17 per share. The ex-dividend date was Tuesday, March 17th. This represents a $0.68 dividend on an annualized basis and a yield of 15.6%. Blackrock Tcp Capital’s dividend payout ratio (DPR) is -64.76%.

Analyst Ratings Changes

A number of equities analysts have weighed in on TCPC shares. 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 research note on Monday, March 2nd. Wall Street Zen downgraded shares of Blackrock Tcp Capital from a “hold” rating to a “sell” rating in a research note on Saturday, March 7th. Zacks Research downgraded shares of Blackrock Tcp Capital from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, February 4th. Finally, Keefe, Bruyette & Woods reaffirmed an “underperform” rating and set a $3.50 price target (down from $7.00) on shares of Blackrock Tcp Capital in a research note on Tuesday, March 3rd. One research analyst has rated the stock with a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Strong Sell” and an average target price of $3.50.

Insider Buying and Selling

In related news, COO Patrick Wolfe acquired 6,850 shares of Blackrock Tcp Capital stock in a transaction on Friday, March 13th. The shares were bought at an average price of $3.65 per share, for a total transaction of $25,002.50. Following the completion of the purchase, the chief operating officer directly owned 16,086 shares in the company, valued at $58,713.90. This trade represents a 74.17% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 0.37% of the stock is owned by company insiders.

Hedge Funds Weigh In On Blackrock Tcp Capital

Institutional investors and hedge funds have recently bought and sold shares of the stock. CANADA LIFE ASSURANCE Co grew its position in Blackrock Tcp Capital by 2.9% in the fourth quarter. CANADA LIFE ASSURANCE Co now owns 105,870 shares of the investment management company’s stock valued at $577,000 after acquiring an additional 2,943 shares in the last quarter. Raymond James Financial Inc. boosted its stake in shares of Blackrock Tcp Capital by 7.7% in the second quarter. Raymond James Financial Inc. now owns 90,675 shares of the investment management company’s stock valued at $698,000 after purchasing an additional 6,509 shares during the period. Caxton Associates LLP boosted its stake in shares of Blackrock Tcp Capital by 16.2% in the second quarter. Caxton Associates LLP now owns 60,779 shares of the investment management company’s stock valued at $468,000 after purchasing an additional 8,479 shares during the period. CIBC Bancorp USA Inc. purchased a new position in shares of Blackrock Tcp Capital in the third quarter valued at $65,000. Finally, Creative Planning purchased a new position in shares of Blackrock Tcp Capital in the second quarter valued at $85,000.

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.