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

Blackrock Tcp Capital (NASDAQ:TCPC) is expected to be releasing its Q2 2025 earnings data before the market opens on Thursday, August 7th. Analysts expect Blackrock Tcp Capital to post earnings of $0.34 per share and revenue of $56.16 million for the quarter.

Blackrock Tcp Capital (NASDAQ:TCPC) last released its quarterly earnings results on Thursday, May 8th. The investment management company reported $0.36 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.34 by $0.02. Blackrock Tcp Capital had a negative net margin of 18.22% and a positive return on equity of 15.51%. The business had revenue of $55.89 million for the quarter, compared to analyst estimates of $57.95 million. On average, analysts expect Blackrock Tcp Capital to post $2 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Blackrock Tcp Capital Trading Down 3.0%

Shares of NASDAQ:TCPC opened at $7.16 on Thursday. Blackrock Tcp Capital has a 1 year low of $6.27 and a 1 year high of $10.71. The company has a debt-to-equity ratio of 1.41, a current ratio of 34.00 and a quick ratio of 34.00. The firm has a market capitalization of $608.89 million, a P/E ratio of -12.34 and a beta of 1.02. The business’s 50-day moving average is $7.68 and its 200 day moving average is $7.90.

Blackrock Tcp Capital Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, June 30th. Shareholders of record on Monday, June 16th were paid a dividend of $0.25 per share. The ex-dividend date was Monday, June 16th. This represents a $1.00 dividend on an annualized basis and a yield of 13.97%. Blackrock Tcp Capital’s payout ratio is -172.41%.

Institutional Investors Weigh In On Blackrock Tcp Capital

A hedge fund recently raised its stake in Blackrock Tcp Capital stock. Jones Financial Companies Lllp boosted its stake in shares of Blackrock Tcp Capital Corp. (NASDAQ:TCPC) by 5,349.6% during the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 93,461 shares of the investment management company’s stock after buying an additional 91,746 shares during the period. Jones Financial Companies Lllp owned 0.11% of Blackrock Tcp Capital worth $749,000 at the end of the most recent quarter.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on TCPC shares. Keefe, Bruyette & Woods cut their price objective on Blackrock Tcp Capital from $8.50 to $7.50 and set a “market perform” rating on the stock in a report on Tuesday, April 8th. Wells Fargo & Company decreased their price objective on shares of Blackrock Tcp Capital from $7.50 to $6.50 and set an “underweight” rating for the company in a research report on Monday, April 28th. Finally, Wall Street Zen lowered Blackrock Tcp Capital from a “buy” rating to a “hold” rating in a research report on Sunday, July 13th.

About Blackrock Tcp Capital

BlackRock TCP Capital Corp. is a business development company specializing in direct equity and debt investments in middle-market, small businesses, debt securities, senior secured loans, junior loans, originated loans, mezzanine, senior debt instruments, bonds, and secondary-market investments. It typically invests in communication services, public relations services, television, wireless telecommunication services, apparel, textile mills, restaurants, retailing, energy, oil and gas extraction, Patent owners and Lessors, Federal and Federally- Sponsored Credit agencies, insurance, hospital and healthcare centers, Biotechnology, engineering services, heavy electrical equipment, tax accounting, scientific and related consulting services, charter freight air transportation, Information technology consulting, application hosting services, software diagram and design, computer aided design, communication equipment, electronics manufacturing equipment, computer components, chemicals.