The 36-month beta value for TCPC is at 1.26. Analysts have varying views on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 5 as “hold,” and 1 as “sell.”
The public float for TCPC is 84.67M, and currently, shorts hold a 1.19% of that float. The average trading volume for TCPC on March 14, 2025 was 653.86K shares.
TCPC) stock’s latest price update
BlackRock TCP Capital Corp (NASDAQ: TCPC)’s stock price has plunge by -1.97relation to previous closing price of 8.12. Nevertheless, the company has seen a -2.09% plunge in its stock price over the last five trading sessions. seekingalpha.com reported 2025-03-11 that As a structural BDC bull I have to admit that the period of BDCs consistently surprising us on the upside has come to an end. Many lower quality BDCs have already cut their dividends to sync their cash flows with less favorable private credit lending environment. I would say that the moment of truth for high quality BDCs is also very close, where we will see how really durable their base dividends are.
TCPC’s Market Performance
BlackRock TCP Capital Corp (TCPC) has seen a -2.09% fall in stock performance for the week, with a -13.01% decline in the past month and a -15.20% plunge in the past quarter. The volatility ratio for the week is 2.62%, and the volatility levels for the past 30 days are at 2.49% for TCPC. The simple moving average for the past 20 days is -8.88% for TCPC’s stock, with a -13.65% simple moving average for the past 200 days.
Analysts’ Opinion of TCPC
Many brokerage firms have already submitted their reports for TCPC stocks, with Wells Fargo repeating the rating for TCPC by listing it as a “Underweight.” The predicted price for TCPC in the upcoming period, according to Wells Fargo is $8 based on the research report published on August 26, 2024 of the previous year 2024.
Oppenheimer gave a rating of “Perform” to TCPC, setting the target price at $11 in the report published on March 06th of the previous year.
TCPC Trading at -10.14% from the 50-Day Moving Average
After a stumble in the market that brought TCPC to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -30.11% of loss for the given period.
Volatility was left at 2.49%, however, over the last 30 days, the volatility rate increased by 2.62%, as shares sank -13.57% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -7.01% lower at present.
During the last 5 trading sessions, TCPC fell by -2.09%, which changed the moving average for the period of 200-days by -25.88% in comparison to the 20-day moving average, which settled at $8.74. In addition, BlackRock TCP Capital Corp saw -8.61% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at TCPC starting from Worrell August Daniel, who purchase 10,000 shares at the price of $8.06 back on Mar 11 ’25. After this action, Worrell August Daniel now owns 33,500 shares of BlackRock TCP Capital Corp, valued at $80,568 using the latest closing price.
Mehring Jason, the President of BlackRock TCP Capital Corp, purchase 2,400 shares at $8.13 during a trade that took place back on Mar 12 ’25, which means that Mehring Jason is holding 22,442 shares at $19,522 based on the most recent closing price.
Stock Fundamentals for TCPC
Current profitability levels for the company are sitting at:
- 1.06 for the present operating margin
- 0.99 for the gross margin
The net margin for BlackRock TCP Capital Corp stands at -0.38. The total capital return value is set at 0.09.
When we switch over and look at the enterprise to sales, we see a ratio of 3.55. The receivables turnover for the company is 5.87for trailing twelve months and the total asset turnover is 0.09.
Conclusion
In conclusion, BlackRock TCP Capital Corp (TCPC) has had a bad performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
