BlackRock TCP Capital Corp. (DE:8TC)
NASDAQ:8TC
8TC Stock Chart & Stats
€3.59
-€0.30(-3.49%)
At close: 4:00 PM EST
€3.59
-€0.30(-3.49%)
Day’s Range― - ―
52-Week Range€2.99 - €7.06
Previous CloseN/A
Volume0.00
Average Volume (3M)835.00
Market Cap
€283.31M
Enterprise Value€1.16B
Total Cash (Recent Filing)€93.26M
Total Debt (Recent Filing)€925.84M
Price to Earnings (P/E)―
Beta0.62
Next Earnings
Aug 06, 2026EPS Estimate
0.17Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-1.48
Shares Outstanding83,902,780
10 Day Avg. Volume1,265
30 Day Avg. Volume835
Financial Highlights & Ratios
PEG Ratio-0.16
Price to Book (P/B)0.78
Price to Sales (P/S)-6.09
P/FCF Ratio3.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
€3.01Price Target Upside-16.19% Downside
Rating ConsensusModerate Sell
Number of Analyst Covering1
EPS Forecast (FY)0.67
Revenue Forecast (FY)€131.74M
Bulls Say, Bears Say
Bulls Say
Strong Cash GenerationTrailing‑12‑month operating and free cash flow are notably positive and improved materially versus prior periods. Durable cash generation from interest and fee income underpins the dividend capacity, funds selective reinvestment and deleveraging, and gives the firm flexibility to buy back shares or absorb cyclical credit shocks over the next several quarters.
Senior Secured, Floating‑rate PortfolioA high share of senior secured and floating‑rate loans limits loss severity and preserves income as interest rates move. This capital structure of assets provides structural downside protection versus unsecured credit and helps sustain yields over a multi‑month horizon, supporting recurring investment income and reducing interest rate mismatch risk.
Liability Management & Liquidity ImprovedCompletion of the $535.78M CLO, prepayment of 2026 notes and revolver paydowns materially reshaped funding. Lowered funding costs, extended maturities and ~$358.6M liquidity materially improve financial flexibility, enabling continued portfolio repositioning, target leverage moves and cushioning repayment risk across the next 2–6 months.
Bears Say
Deteriorated ProfitabilityThe company has delivered large net losses and deeply negative margins TTM, and ROE has been negative in multiple recent years. Weak profitability undermines the sustainability of distributions and reduces capital productivity, making NAV recovery and durable earnings growth harder absent sustained yield or credit improvements.
NAV Decline And Portfolio MarkdownsA 4.9% NAV drop and $35M of markdowns are structural hits to the capital base rather than transient trading moves. These markdowns reduce tangible equity available for distributions and buybacks, constrain redeployment capacity, and can force more conservative underwriting and slower NAV recovery over several quarters.
Concentration And Valuation SensitivityHeavy exposure to software and job/talent subsectors increases vulnerability to sector multiple compression and secular shifts (including AI risks cited). Concentration magnifies mark‑to‑market volatility and makes future earnings and NAV more sensitive to sector‑specific downturns, complicating durable portfolio performance.
BlackRock TCP Capital News
8TC FAQ
What was BlackRock TCP Capital Corp.’s price range in the past 12 months?
BlackRock TCP Capital Corp. lowest stock price was €2.99 and its highest was €7.05 in the past 12 months.
What is BlackRock TCP Capital Corp.’s market cap?
BlackRock TCP Capital Corp.’s market cap is €283.31M.
When is BlackRock TCP Capital Corp.’s upcoming earnings report date?
BlackRock TCP Capital Corp.’s upcoming earnings report date is Aug 06, 2026 which is in 62 days.
How were BlackRock TCP Capital Corp.’s earnings last quarter?
BlackRock TCP Capital Corp. released its earnings results on May 07, 2026. The company reported €0.189 earnings per share for the quarter, beating the consensus estimate of €0.168 by €0.021.
Is BlackRock TCP Capital Corp. overvalued?
According to Wall Street analysts BlackRock TCP Capital Corp.’s price is currently Overvalued.
Does BlackRock TCP Capital Corp. pay dividends?
BlackRock TCP Capital Corp. does not currently pay dividends.
What is BlackRock TCP Capital Corp.’s EPS estimate?
BlackRock TCP Capital Corp.’s EPS estimate is 0.17.
How many shares outstanding does BlackRock TCP Capital Corp. have?
BlackRock TCP Capital Corp. has 83,902,780 shares outstanding.
What happened to BlackRock TCP Capital Corp.’s price movement after its last earnings report?
BlackRock TCP Capital Corp. reported an EPS of €0.189 in its last earnings report, beating expectations of €0.168. Following the earnings report the stock price went down -1.187%.
Which hedge fund is a major shareholder of BlackRock TCP Capital Corp.?
Currently, no hedge funds are holding shares in DE:8TC
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
BlackRock TCP Capital Stock Smart Score
Neutral
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Analyst Consensus
Moderate Sell
Average Price Target:
€3.01 (-16.19% Downside)
€3.01 (-16.19% Downside)
Blogger Sentiment
Bearish
DE:8TC Sentiment 70%
Sector Average ―
Sector Average ―
Insider Transactions
Bought Shares
Worth €12.3K over
the Last 3 Months
the Last 3 Months
Technicals
SMA
Negative
20 days / 200 days
Momentum
-40.45%
12-Months-Change
Fundamentals
Return on Equity
-19.08%
Trailing 12-Months
Asset Growth
-20.50%
Trailing 12-Months
Company Description
BlackRock TCP Capital Corp.
BlackRock TCP Capital Corp. is a business development company specializing in direct equity and debt investments in middle-market, 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. It seeks to invest in the United States. The fund typically invests between $10 million and $35 million in companies with enterprise values between $100 million and $1500 million including complex situations. It prefers to make equity investments in companies for an ownership stake.
8TC Company Deck
8TC Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Neutral
The call conveyed a balanced message: management reported meaningful progress on credit quality and balance sheet strength (notably lower nonaccruals, reduced leverage, strong liquidity, deleveraging actions, and active capital recycling), while also disclosing material realized and unrealized losses that drove a 4.9% NAV decline and lowered near-term income metrics. Management framed the quarter as constructive repositioning with disciplined, selective deployment, but acknowledged continued valuation pressure—particularly in staffing and parts of the software book.View all DE:8TC earnings summaries8TC Stock 12 Month Forecast
Average Price Target
€3.01
▼(-16.19% Downside)
Technical Analysis
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Options Prices
Currently, No data available
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