Barings BDC, Inc. (BBDC)
| Market Cap | 1.06B |
| Revenue (ttm) | 291.39M |
| Net Income (ttm) | 115.37M |
| Shares Out | 105.56M |
| EPS (ttm) | 1.09 |
| PE Ratio | 9.25 |
| Forward PE | 9.15 |
| Dividend | $1.04 (10.33%) |
| Ex-Dividend Date | Sep 4, 2024 |
| Volume | 349,492 |
| Open | 10.02 |
| Previous Close | 10.07 |
| Day's Range | 9.95 - 10.08 |
| 52-Week Range | 8.55 - 10.24 |
| Beta | 0.71 |
| Analysts | Hold |
| Price Target | 10.00 (-0.7%) |
| Earnings Date | Nov 6, 2024 |
About BBDC
Barings BDC, Inc. is a publicly traded, externally managed investment company that has elected to be treated as a business development company under the Investment Company Act of 1940. It seeks to invest primarily in senior secured loans, first lien debt, unitranche, second lien debt, subordinated debt, equity co-investments and senior secured private debt investments in private middle-market companies that operate across a wide range of industries. It specializes in mezzanine, leveraged buyouts, management buyouts, ESOPs, change of control tra... [Read more]
Financial Performance
In 2023, Barings BDC's revenue was $289.20 million, an increase of 31.98% compared to the previous year's $219.13 million. Earnings were $128.00 million, an increase of 2634.44%.
Financial StatementsAnalyst Forecast
According to 2 analysts, the average rating for BBDC stock is "Hold." The 12-month stock price forecast is $10.0, which is a decrease of -0.70% from the latest price.
News
Investing In BDCs For 10%+ Yields? This Is What Matters Now
When investing for 10%+ BDC yields, investors have to pay extra attention to leverage, dividend coverage, and portfolio quality. Going into Q3, 2024 earnings season, my expectation was that we would s...
Barings BDC: Quality 10%+ Yield And P/NAV Of 0.87x Make It A Buy
I have been quite hesitant ongoing long BBDC since December 2023. Now, looking at the recent financials and significant discount, things have changed. Even though there are risks in the system, they d...
Barings BDC Inc (BBDC) Q3 2024 Earnings Call Transcript
Barings BDC Inc (NYSE:BBDC) Q3 2024 Earnings Conference Call November 7, 2024 9:00 AM ET Company Participants Joe Mazzoli – Head of Investor Relations Eric Lloyd – Chief Executive Officer Matt Freund...
Barings BDC, Inc. Reports Third Quarter 2024 Results and Announces Quarterly Cash Dividend of $0.26 Per Share
CHARLOTTE, N.C.--(BUSINESS WIRE)--Barings BDC, Inc. (NYSE: BBDC) (“Barings BDC” or the “Company”) today reported its financial and operating results for the third quarter of 2024 and announced that th...
2 High-Yielding BDCs In An Expensive Market
Despite economic uncertainty and high inflation, dividend investing offers steady income, making high-yielding stocks like Barings BDC and Great Elm Capital Corp. attractive. Barings BDC, with a 10.9%...
3 BDCs With Highest Dividend Coverage Levels: Only One Is A Defensive Leader
The investment environment for BDCs remains solid, but there are some clear risks, which call for extra caution. One of the ways to protect current income streams from BDC allocations is to focus on h...
Barings BDC: Undervalued 11% Yield With 154% Dividend Coverage
Barings BDC offers a 10.7% yield that's well-covered by cash flows, and trades at a 14% discount to book value. BBDC's portfolio is diversified with 72% secured debt, a low non-accrual rate of 0.3%, a...
BDC Weekly Review: Private Lenders Want To Democratize Access
We take a look at the action in business development companies through the first week of October and highlight some of the key themes we are watching. BDCs saw a modest 0.5% return this week, with MSD...
Barings BDC, Inc. Announces Conference Call to Discuss Third Quarter 2024 Results
CHARLOTTE, N.C.--(BUSINESS WIRE)--Barings BDC, Inc. (NYSE: BBDC) (“Barings BDC” or the “Company”) announced today that it will report its financial results for the third quarter ended September 30, 20...
Barings BDC: Potential Upside If Credit Issues Remain Managed
Barings BDC offers an appealing 11% yield and is undervalued, making it a solid choice for passive income investors. Improved credit trend, lower non-accrual ratio, and a 25% YoY increase in net inves...
5 Small Caps Yielding 9%-15%: Hidden Values Or Overlooked Trash?
The index huggers are, rightfully, fretting about the only position they own, the S&P 500, which is heavy on Nvidia (NVDA). The soon-to-be-fallen angel is the third largest component of the index at 6...
Barings BDC: Valuation Re-Rating Driven By Decent Performance
We take a look at the Q2 numbers from Barings BDC. The stock trades at a 12% discount to book and a 10.4% dividend yield. The company's portfolio quality remains fairly strong, with low non-accruals a...
Barings BDC: Solid BDC But Lack Of NAV Growth Reduces Appeal
Barings BDC operates as a business development company that generates its earnings through a portfolio of debt investments. BBDC's portfolio is highly diversified, with 66% in first lien senior secure...
BDC Weekly Review: Yield Myopia Ignores The Right Metrics
We take a look at the action in business development companies through the second week of August and highlight some of the key themes we are watching. BDCs underperformed with a total return of -2% du...
Debunking 2 Common Myths About BDC Dividend Investing
Business Development Companies or BDCs offer great financial characteristics for high income seeking investors. Lately, there has been a lot of chatter around BDCs struggling and experiencing negative...
Barings BDC: Getting Very Close To A Buy Rating
Barings BDC has delivered second quarter in a row with improving fundamentals and minimal non-accruals. In fact, Q2, 2024 marked the highest earnings over the TTM period. Looking at the Q2, 2024 repor...
Barings BDC, Inc. (BBDC) Q2 2024 Earnings Call Transcript
Barings BDC, Inc. (NYSE:BBDC) Q2 2024 Earnings Conference Call August 8, 2024 9:00 AM ET Company Participants Joe Mazzoli - Head, IR Eric Lloyd - CEO Matt Freund - President Elizabeth Murray - CFO Br...
Barings BDC, Inc. Reports Second Quarter 2024 Results and Announces Quarterly Cash Dividend of $0.26 Per Share
CHARLOTTE, N.C.--(BUSINESS WIRE)--Barings BDC, Inc. (NYSE: BBDC) (“Barings BDC” or the “Company”) today reported its financial and operating results for the second quarter of 2024 and announced that t...
Buy These 7-10% Yielding Cash Cows For Retirement Income
Investing in high-flying growth stocks can be risky due to frothy valuations, leading to market rotation towards dividend stocks like iShares Select Dividend ETF in recent days. Barings BDC offers a 1...
BDC Weekly Review: The Benefits Of Convertible Bonds For BDCs
We take a look at the action in business development companies through the first week of July and highlight some of the key themes we are watching. BDCs had a strong week with a 1.5% total return, out...
Barings BDC, Inc. Announces Conference Call to Discuss Second Quarter 2024 Results
CHARLOTTE, N.C.--(BUSINESS WIRE)--Barings BDC, Inc. (NYSE: BBDC) (“Barings BDC” or the “Company”) announced today that it will report its financial results for the second quarter ended June 30, 2024 o...
Steven Bavaria Takes Investors Inside The Income Factory
Steven Bavaria discusses his investing strategy, focusing on generating income through high-yield assets like closed-end funds and credit markets. He emphasizes the importance of sticking with a strat...
BBDC: Adding A Starter Position In This 10.9% Yielding BDC
We take a look at BDC BBDC, which trades at a 16% discount to book with a 10.8% dividend yield and 11.6% net investment income yield. BBDC has performed in line with the sector over the last few years...
Barings BDC: An 11% Yield That Has The Makings Of A Great Long-Term Investment
Barings BDC remains an attractive investment with strong fundamentals and performance. They are one of the few high-quality BDCs trading below their NAV with a 20% discount currently. Strong credit qu...
BDC Weekly Review: BDCs And Insurance Companies Are An Odd Pairing
We take a look at the action in business development companies through the last week of May and highlight some of the key themes we are watching. BDCs had a good week, outperforming the broader income...