TCPC
BlackRock TCP Capital Corp.
NasdaqGSUSDEQUITY
Financial Services
DELAYED
Neutral
-9/100
Last price
4.00
▲ 0.02 (0.50%)
MARKET · —
Price
Chart style
Interval
Intraday intervals only cover recent history. The site picks the finest interval the range allows.
Overlays
Session levels
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Both series are rebased to 0% at the left edge, so the lines show relative performance rather than price.
Tool
1D
—
H —
L —
Range —
Vol —
vs
Drag pan · Pinch zoom · Hold crosshair · pick a tool then drag to draw
Open
4.02
Prev close
3.98
Day high
4.03
Day low
3.96
Volume
685.04K
Market cap
$334.77M
P/E (TTM)
—
52W range
3.08 – 6.25
Day trading desk
Gap from prior close
+1.01%
Prior close 3.98
VWAP
3.99
+0.16% from price
Relative volume
1.79×
Unusually busy
Session range
2.54%
3.94 – 4.04
Position in range
60%
Mid range
ATR (14D)
0.10
2.55% of price
Prior day high
4.04
PDH
Prior day low
3.98
PDL
Bid / ask spread
—
Quote not published
Session volume
1.34M
Avg 746.84K
VWAP and the session figures are computed from the delayed intraday series on this page, so they lag the live tape and will not match a broker's real-time VWAP exactly. Turn on Prior day H/L/C, Opening range and Volume profile in the chart's Studies menu to see these levels drawn on price.
Trailing performance
Returnvs SPY
1W
-2.21%
-4.2%
1M
-1.97%
-3.1%
3M
+25.47%
+21.0%
6M
+6.40%
-11.8%
YTD
-27.06%
-41.3%
1Y
-34.05%
-50.5%
3Y
-66.01%
-148.3%
5Y
—
—
Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.
Unusual options activity
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
That is the normal state — most contracts trade well inside their existing open interest.
Contracts trading at or above their open interest, ranked by notional and where the print landed.
Free account
5 more panels on TCPC open with an account.
Options chains and analytics, valuation ratios, insider filings, analyst targets and ownership. No card, no trial, nothing to cancel.
Insider net activity
Net shares
0
Net selling
Buy transactions
0
0 shares
Sell transactions
0
—
Net transactions
0
Buys less sells
Sell : buy shares
—
Not enough filings
Insider-held shares
308.76K
Total on file
Insider transactions
| Date | Insider | Action | Shares | Value | Held |
|---|---|---|---|---|---|
| Mar 13, 26 | WOLFE PATRICK Chief Operating Officer |
BUY | 8.93K | $32.53K | |
| Mar 10, 26 | WORRELL AUGUST DANIEL Chief Investment Officer |
BUY | 80.00K | $305.60K | Direct |
| Mar 6, 26 | CUELLAR ERIK L. Chief Financial Officer |
BUY | 1.75K | $6.75K | Direct |
| Mar 6, 26 | MEHRING JASON President |
BUY | 6.50K | $25.09K | Direct |
| Jan 30, 26 | MEHRING JASON President |
— | 5.60K | — | Direct |
| Jan 30, 26 | WOLFE PATRICK Chief Operating Officer |
— | 6.14K | — | Direct |
| Jan 30, 26 | WORRELL AUGUST DANIEL Chief Investment Officer |
— | 11.98K | — | Direct |
| May 13, 25 | LEETS KAREN L. Director |
BUY | 3.30K | $24.91K | Direct |
| Mar 21, 25 | TSENG PHILIP M Chief Executive Officer |
BUY | 10.00K | $77.40K | Direct |
| Mar 14, 25 | WOLFE PATRICK Chief Operating Officer |
BUY | 6.10K | $49.51K | Direct |
| Mar 12, 25 | MEHRING JASON President |
BUY | 2.40K | $19.52K | Direct |
| Mar 11, 25 | WORRELL AUGUST DANIEL Chief Technology Officer |
BUY | 10.00K | $80.57K | Direct |
| Jan 31, 25 | WOLFE PATRICK Chief Operating Officer |
CONVERSION | 2.01K | $18.48K | Direct |
| Jan 31, 25 | WORRELL AUGUST DANIEL Chief Investment Officer |
CONVERSION | 6.78K | $62.42K | Direct |
What this is, and what it is not
These are SEC Form 4 filings — officers, directors and 10% owners reporting their own trades in the company's stock. Filing is due within two business days of the transaction, so this lags reality by days, and the provider adds its own lag on top.
A sale is not automatically bearish. Executives sell on scheduled 10b5-1 plans, to cover tax on vesting equity, and to diversify. Purchases with cash are generally the more informative signal, and they are far rarer.
This does not include congressional or senate trading. That comes from STOCK Act disclosures filed with the Senate eFD system and the House Clerk, which this data source does not carry.
Officer and director trades in their own stock, straight from Form 4 filings.
Insider holders
| Name | Relation | Shares held | Latest |
|---|---|---|---|
CUELLAR ERIK L. |
Chief Financial Officer | 2.00K | Purchase |
DRAUT ERIC JOHN |
Director | 55.53K | Purchase |
LEETS KAREN L. |
Director | 7.68K | Purchase |
MEHRING JASON |
President | 29.21K | Purchase |
TSENG PHILIP M |
Chief Executive Officer | 38.59K | Purchase |
WOLFE PATRICK |
Chief Operating Officer | — | Purchase |
WORRELL AUGUST DANIEL |
Chief Investment Officer | 113.50K | Purchase |
Fundamentals
Market cap$334.77M
Enterprise value$1.09B
Revenue (TTM)$177.04M
Gross profit$177.04M
EBITDA—
Net income$-108.47M
EPS (TTM)$-1.28
Free cash flow$58.56M
Total cash$157.55M
Total debt$910.58M
Book value / share$6.58
Shares outstanding83.90M
Float—
Short % of float5.82%
Dividend yield19.07%
Beta (5Y)1.06
Valuation & profitability ratios
Trailing P/E—
Forward P/E9.61
PEG ratio0.91
Price / sales—
Price / book0.61
EV / revenue6.14
EV / EBITDA—
Gross margin100.00%
Operating margin82.80%
Profit margin-61.27%
Return on equity-16.79%
Return on assets5.48%
Debt / equity164.96
Current ratio13.22
Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.
Financial statements
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Total revenue | -$77.27M | -$45.40M | $50.67M | $2.80M | -70.2% |
| Operating revenue | -$77.27M | -$45.40M | $50.67M | $2.80M | -70.2% |
| Selling, general & admin | $11.32M | $11.22M | $8.09M | $8.19M | +0.9% |
| Total operating expense | $10.98M | $17.22M | $11.95M | $12.03M | -36.3% |
| Pre-tax income | -$88.25M | -$62.61M | $38.72M | -$9.23M | -40.9% |
| Tax provision | $683.41K | $522.55K | $247.31K | $0 | +30.8% |
| Net income | -$88.93M | -$63.14M | $38.47M | -$9.23M | -40.9% |
| Net income to common | -$88.93M | -$63.14M | $38.47M | -$9.23M | -40.9% |
| Basic EPS | -1.05 | -0.79 | 0.67 | -0.16 | -32.9% |
| Diluted EPS | -1.05 | -0.79 | 0.67 | -0.16 | -32.9% |
| Basic shares | 84.99M | 79.67M | 57.77M | 57.77M | +6.7% |
| Diluted shares | 84.99M | 79.67M | 57.77M | 57.77M | +6.7% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Cash & equivalents | $61.08M | $91.59M | $112.24M | $82.44M | -33.3% |
| Total assets | $1.65B | $1.92B | $1.70B | $1.72B | -14.2% |
| Total debt | $1.04B | $1.12B | $985.20M | $944.01M | -7.4% |
| Total liabilities | $1.05B | $1.14B | $1.01B | $972.60M | -7.5% |
| Retained earnings | -$1.13B | -$946.02M | -$280.10M | -$221.19M | -19.7% |
| Shareholder equity | $598.01M | $785.12M | $687.60M | $746.75M | -23.8% |
| Net tangible assets | $598.01M | $785.12M | $687.60M | $746.75M | -23.8% |
| Shares issued | 84.56M | 85.08M | 57.77M | 57.77M | -0.6% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Net income | -$88.93M | -$63.14M | $38.47M | -$9.23M | -40.9% |
| Change in working capital | -$26.09M | -$6.54M | -$3.92M | -$21.59M | -299.1% |
| Operating cash flow | $154.92M | $293.12M | $92.45M | $203.95M | -47.1% |
| Share buybacks | -$3.01M | -$4.52M | $0 | $0 | +33.4% |
| Dividends paid | -$95.17M | -$122.54M | -$100.52M | -$70.48M | +22.3% |
| Financing cash flow | -$185.43M | -$313.77M | -$62.65M | -$141.07M | +40.9% |
| Free cash flow | $154.92M | $293.12M | $92.45M | $203.95M | -47.1% |
| End cash position | $61.08M | $91.59M | $112.24M | $82.44M | -33.3% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | YoY |
|---|---|---|---|---|---|---|---|
| Total revenue | $7.30M | -$11.57M | -$115.25M | $25.24M | -$14.59M | — | +163.0% |
| Operating revenue | $7.30M | -$11.57M | -$115.25M | $25.24M | -$14.59M | — | +163.0% |
| Selling, general & admin | $2.65M | $3.40M | $2.51M | $2.72M | $3.14M | — | -22.1% |
| Total operating expense | $5.55M | $4.73M | $2.35M | $872.63K | $1.32M | — | +17.3% |
| Pre-tax income | $1.75M | -$16.30M | -$117.61M | $24.37M | -$15.91M | — | +110.7% |
| Net income | $1.75M | -$16.30M | -$118.29M | $24.37M | -$15.91M | — | +110.7% |
| Net income to common | $1.75M | -$16.30M | -$118.29M | $24.37M | -$15.91M | — | +110.7% |
| Basic EPS | 0.02 | -0.19 | — | 0.29 | -0.19 | 0.25 | +110.5% |
| Diluted EPS | 0.02 | -0.19 | — | 0.29 | -0.19 | 0.25 | +110.5% |
| Basic shares | 83.92M | 84.33M | — | 85.03M | 85.04M | 85.08M | -0.5% |
| Diluted shares | 83.92M | 84.33M | — | 85.03M | 85.04M | 85.08M | -0.5% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Cash & equivalents | $157.55M | $93.26M | $61.08M | $60.99M | $107.32M | +68.9% |
| Total assets | $1.48B | $1.51B | $1.65B | $1.81B | $1.94B | -2.2% |
| Total debt | $910.58M | $925.84M | $1.04B | $1.05B | $1.17B | -1.6% |
| Total liabilities | $924.46M | $944.44M | $1.05B | $1.07B | $1.20B | -2.1% |
| Retained earnings | -$1.18B | -$1.16B | -$1.13B | -$990.65M | -$990.36M | -1.1% |
| Shareholder equity | $552.01M | $565.11M | $598.01M | $740.02M | $740.48M | -2.3% |
| Net tangible assets | $552.01M | $565.11M | $598.01M | $740.02M | $740.48M | -2.3% |
| Shares issued | 83.90M | 84.06M | 84.56M | 85.01M | 85.04M | -0.2% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Net income | $1.75M | -$16.30M | -$118.29M | $24.37M | -$15.91M | +110.7% |
| Change in working capital | -$8.00M | $29.23M | -$26.25M | $1.38M | -$4.86M | -127.4% |
| Operating cash flow | $96.30M | $159.13M | $40.53M | $103.74M | -$41.86M | -39.5% |
| Share buybacks | -$590.50K | -$2.28M | -$2.55M | -$162.70K | -$274.46K | +74.1% |
| Dividends paid | -$14.26M | -$14.32M | -$21.17M | -$24.66M | -$24.66M | +0.4% |
| Financing cash flow | -$32.01M | -$126.95M | -$40.45M | -$150.06M | $50.06M | +74.8% |
| Free cash flow | $96.30M | $159.13M | $40.53M | $103.74M | -$41.86M | -39.5% |
| End cash position | $157.55M | $93.26M | $61.08M | $60.99M | $107.32M | +68.9% |
Options analytics
Put / call volume
0.00
Call-heavy session
Put / call open interest
—
Positioning, not flow
Max pain
2.50
-37.3% from spot
ATM implied vol
50.0%
Nearest strike to spot
Skew (10% OTM)
-50.0%
Calls bid over puts
Call volume
3
Contracts, this expiry
Put volume
0
Contracts, this expiry
Heaviest call OI
2.50
0 contracts
Heaviest put OI
5.00
0 contracts
Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.
Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.
Earnings
Reported vs expected · EPS
| Quarter | Est. | Actual | Surprise |
|---|---|---|---|
| Jun 2026 | 0.20 | 0.22 | +10.0% |
| Mar 2026 | 0.20 | 0.22 | +10.0% |
| Dec 2025 | 0.27 | 0.28 | +4.7% |
| Sep 2025 | 0.30 | 0.32 | +6.7% |
Forward consensus
| Period | EPS | Analysts | Revenue | Growth |
|---|---|---|---|---|
| Current quarter | 0.13 | 4 | $27.51M | -45.5% |
| Next quarter | 0.10 | 4 | $19.68M | -55.2% |
| Current year | 0.66 | 4 | $129.41M | -35.9% |
| Next year | 0.42 | 4 | $81.64M | -36.9% |
Analyst targets & ownership
Mean target$4.50
High target$5.50
Low target$4.00
Implied upside12.50%
Analyst count3
ConsensusHOLD
Strong buy / Buy0 / 0
Hold4
Sell / Strong sell0 / 0
Held by insiders0.37%
Held by institutions28.95%
Institutions holding141
Price targets, consensus spread, insider and institutional ownership.
Moving averages & technicals
SMA 10
4.01
-0.22% from price
SMA 20
4.01
-0.54% from price
SMA 50
3.95
+1.12% from price
SMA 100
3.73
+7.36% from price
SMA 200
4.14
-3.61% from price
EMA 12
4.01
-0.19% from price
EMA 26
4.00
+0.07% from price
EMA 50
3.93
+1.83% from price
RSI (14)
49.6
Neutral
MACD (12,26,9)
0.01
Hist -0.01
ATR (14)
0.10
2.56% of price
Realised vol 30D
23.3%
Annualised
Bollinger upper
4.11
20, 2σ
Bollinger lower
3.91
20, 2σ
50 / 200 cross
Death
3.95 vs 4.14
Trend bias
Below 200
-3.61%
Options chain
Calls
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Puts
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Every listed expiry, both sides of the book, with volume, open interest and implied volatility.
Risk profile
Beta vs SPY
0.94
Less volatile than market
Correlation to SPY
0.31
Loosely linked
Realised vol 30D
23.3%
Annualised
Market vol 1Y
13.0%
SPY, annualised
Max drawdown 1Y
-49.4%
Peak to trough
Max drawdown 5Y
-78.2%
Peak to trough
ATR 14
0.10
2.56% of price
Beta (reported)
1.06
5Y monthly, from filing
Short interest
Shares short
4.87M
Prior 4.80M
Change vs prior
+1.5%
Shorts adding
% of float
5.82%
Normal
% of shares out
5.80%
Against total outstanding
Days to cover
7.4
Crowded exit
Float
—
Freely tradeable shares
Exchanges publish short interest twice a month with a settlement lag, so this is roughly two weeks behind. Days to cover divides shares short by average daily volume — it estimates how long covering would take, not whether it will happen.
Rating changes
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Sep 29, 26 | Wells Fargo | UPGRADE | Underweight | Equal-Weight |
| Aug 10, 26 | Keefe, Bruyette & Woods | UPGRADE | Underperform | Market Perform |
| Mar 3, 26 | Keefe, Bruyette & Woods | DOWNGRADE | Market Perform | Underperform |
| Mar 2, 26 | Wells Fargo | MAINTAINED | Underweight | Underweight |
| Nov 10, 25 | Wells Fargo | MAINTAINED | Underweight | Underweight |
| Aug 12, 25 | Wells Fargo | MAINTAINED | Underweight | Underweight |
| Apr 28, 25 | Wells Fargo | MAINTAINED | Underweight | Underweight |
| Apr 8, 25 | Keefe, Bruyette & Woods | MAINTAINED | Market Perform | Market Perform |
| Feb 28, 25 | Wells Fargo | MAINTAINED | Underweight | Underweight |
| Feb 28, 25 | Keefe, Bruyette & Woods | MAINTAINED | Market Perform | Market Perform |
| Nov 7, 24 | Wells Fargo | MAINTAINED | Underweight | Underweight |
| Oct 29, 24 | Wells Fargo | MAINTAINED | Underweight | Underweight |
Dividends & splits
Forward rate$0.76 / yr
Forward yield19.07%
5-year avg yield12.66%
Payout ratio388.57%
Ex-dividend dateSep 16, 2026
Next pay dateSep 30, 2026
Last split—
Split date—
SEC filings
Corporate Changes & Voting Matters
8-K · 2026-09-25
Corporate Changes & Voting Matters
8-K · 2026-09-04
Copies of all stockholder derivative actions filed with a court against an investment company or an affiliate thereof pursuant to Section 33 of the Investment Company Act of 1940
40-33 · 2026-08-28
Copies of all stockholder derivative actions filed with a court against an investment company or an affiliate thereof pursuant to Section 33 of the Investment Company Act of 1940
40-33 · 2026-08-07
Corporate Changes & Voting Matters
8-K · 2026-08-06
Corporate Changes & Voting Matters
8-K · 2026-06-01
Copies of all stockholder derivative actions filed with a court against an investment company or an affiliate thereof pursuant to Section 33 of the Investment Company Act of 1940
40-33 · 2026-05-29
Corporate Changes & Voting Matters
8-K · 2026-05-27
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PRIVATE STRATEGY · BY QUALIFICATION
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