Simon Property Group Inc vs BlackRock TCP Capital Corp — how do they compare? Simon Property Group Inc trades at $206.11 (market cap $66.18B), while BlackRock TCP Capital Corp trades at $4.03 (market cap $338.13M). The key difference: Simon Property Group Inc is far larger — about 195.7× BlackRock TCP Capital Corp's market cap, and BlackRock TCP Capital Corp pays the higher dividend (18.86%). Which is the better fit depends on your goals.
| SPG | TCPC | |
|---|---|---|
Market Cap | $66.18B | $338.13M |
Sector | Real Estate | Financials |
52-Week High | $236.70 | $7.22 |
52-Week Low | $173.35 | $3.13 |
Enterprise Value | $94.63B | — |
Dividend Yield | 4.35% | 18.86% |
Signals from Pluang's Aura AI — not financial advice
SPG trades at $211.88, up 1.17% on the day, with a bearish technical signal despite recent earnings beats. The stock shows strong fundamentals with a Q2 2026 revenue increase of 19.3% and a net income margin of 66.57%, supported by a P/E of 14.95. Recent news includes a $800 million senior notes issuance and the launch of Simon Media Network to monetize mall traffic.
The outlook is mixed; analyst consensus targets $231.82 with 42% buy ratings, but technical indicators suggest near-term pressure. Key risks include high leverage with $24.21B long-term debt and sensitivity to retail real estate cycles. Upside potential hinges on continued leasing strength and effective new media initiatives.
TCPC trades at $4.07, showing no daily change, with a bearish technical signal from moving averages. The company reported negative revenue and net income for 2025, though it beat Q1 and Q2 2026 EPS estimates. A strategic portfolio sale of $523 million in Q2 2026 aims to reduce leverage, as highlighted in Business Wire on August 6, 2026. The stock has a low P/B ratio of 0.61 but a high P/S ratio of 70.7, reflecting valuation concerns amid financial challenges.
Outlook is mixed: analyst consensus leans hold (61.54%), with potential from dividend yield and portfolio optimization, but risks include persistent negative earnings, class action lawsuits per GlobeNewsWire on August 4, 2026, and high debt costs. Investors should weigh cost-cutting benefits against fundamental weaknesses in revenue growth.
Trailing returns across standard periods
Latest headlines on both assets
Simon Property Group is the second- largest real estate investment trust in the United States. Its portfolio includes an interest in 207 properties: 119 traditional malls, 69 premium outlets, 14 Mills centers (a combination of a traditional mall, outlet center, and big-box retailers), six lifestyle centers, and five other retail properties. Simon's portfolio averaged $693 in sales per square foot over the 12 months prior to the pandemic. The company also owns a 21% interest in Klepierre, a European retail company with investments in shopping centers in 16 countries, and joint venture interests in 33 premium outlets across 11 countries.
Read more on SPG →BlackRock TCP Capital Corp is a finance company specializing in middle-market lending. It aims for high returns through income and capital appreciation while prioritizing principal protection. The company invests in debt securities and earns revenue from interest payments, fees, and some equity appreciation.
Read more on TCPC →