Bain Capital Specialty Finance, Inc. (BCSF)
Market Cap | 1.14B |
Revenue (ttm) | 294.26M |
Net Income (ttm) | 128.34M |
Shares Out | 64.56M |
EPS (ttm) | 1.99 |
PE Ratio | 8.85 |
Forward PE | 9.57 |
Dividend | $1.80 (10.23%) |
Ex-Dividend Date | Dec 31, 2024 |
Volume | 128,271 |
Open | 17.39 |
Previous Close | 17.31 |
Day's Range | 17.26 - 17.60 |
52-Week Range | 14.75 - 17.60 |
Beta | 1.16 |
Analysts | Hold |
Price Target | 16.75 (-4.83%) |
Earnings Date | Feb 25, 2025 |
About BCSF
Bain Capital Specialty Finance, Inc. is a business development company specializing in direct loans to middle-market companies. The fund seeks to invest in senior investments with a first or second lien on collateral, senior first lien, stretch senior, senior second lien, unitranche, mezzanine debt, junior securities, other junior investments, and secondary purchases of assets or portfolios that primarily consist of middle-market corporate debt. It typically invests in companies with EBITDA between $10 million and $150 million. [Read more]
Financial Performance
In 2023, BCSF's revenue was $297.79 million, an increase of 35.64% compared to the previous year's $219.55 million. Earnings were $123.38 million, an increase of 16.97%.
Financial StatementsAnalyst Forecast
According to 4 analysts, the average rating for BCSF stock is "Hold." The 12-month stock price forecast is $16.75, which is a decrease of -4.83% from the latest price.
News
BDC Weekly Review: Key Q3 Earnings Trends
We take a look at the action in business development companies through the second week of November and highlight some of the key themes we are watching. BDCs were flat this week in aggregate, outperfo...
Bain Capital Specialty Finance: Another Excellent Quarter For This 10.7% Yielding BDC
We take a look at the Q3 results of the BDC Bain Capital Specialty Finance. BCSF boasts strong performance and a cheap valuation, trading at a 10.6% dividend yield and 5% discount to book value. The c...
Bain Capital Specialty Finance: New Investments Can Drive Growth
Bain Capital Specialty Finance (BCSF) remains a strong buy due to its low non-accrual rate, high dividend coverage, and strategic new investments, ensuring portfolio growth despite interest rate cuts....
Don't Miss Out On Bain Capital Specialty Finance
BCSF offers high yield and strong DPS coverage, supported by a defensive, first-lien debt-focused portfolio. Investors interested in the BDC space seeking reliable income sources shouldn't miss out on...
Bain Capital Specialty Finance, Inc. (BCSF) Q3 2024 Earnings Call Transcript
Bain Capital Specialty Finance, Inc. (NYSE:BCSF) Q3 2024 Earnings Conference Call November 6, 2024 9:30 AM ET Company Participants Katherine Schneider - Director, Investor Relations Michael Ewald - C...
Bain Capital Specialty Finance, Inc. Announces September 30, 2024 Financial Results and Declares Fourth Quarter 2024 Dividend of $0.42 per Share
BOSTON--(BUSINESS WIRE)--Bain Capital Specialty Finance, Inc. Announces September 30, 2024 Financial Results and Declares Fourth Quarter 2024 Dividend of $0.42 per Share.
Bain Capital Specialty Finance, Inc. Schedules Earnings Release for the Third Quarter Ended September 30, 2024
BOSTON--(BUSINESS WIRE)--Bain Capital Specialty Finance will report its financial results for the third quarter ended September 30, 2024 on Tuesday, November 5, 2024.
Bain Capital Specialty Finance: Collect A 10.2% Yield On The Drop
Bain Capital Specialty Finance offers a well-covered 10% dividend yield, with potential for supplemental dividends, making it attractive for passive income investors. Despite dividend hikes, the BDC's...
Bain Capital Specialty Finance: The Discount To NAV Is Still Unjustified After Q2 Report
After Q2 2024 Bain Capital Specialty Finance (BCSF) remains a strong buy due to robust fundamentals and an unjustified ~7% discount to NAV. Q2 2024 earnings show solid base dividend coverage at 121% a...
BDC Weekly Review: Q2 Wrap-Up
We take a look at the action in business development companies through the fourth week of August and highlight some of the key themes we are watching. BDCs were up nearly 1% on the week, partly retrac...
BDC Weekly Review: PSEC Gets Bad Press
We take a look at the action in business development companies through the third week of August and highlight some of the key themes we are watching. BDCs delivered a 2% total return on the week, star...
Why We Are Adding BDCs To Our Income Portfolios Right Now
Over the last couple of weeks we added a number of new BDC positions to our Income Portfolios despite a fairly expensive credit market backdrop. We discuss the reasons behind this and where we see val...
Bain Capital Specialty Finance: Adding This 11.5%-Yielding BDC After Another Solid Quarter
We take a look at the Q2 results of the BDC Bain Capital Specialty Finance. BCSF is part of Bain Capital Credit's private credit umbrella and is overweight Defense, Tech, and Business Service sectors....
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...
Bain Capital Specialty Finance, Inc. Announces June 30, 2024 Financial Results and Declares Third Quarter 2024 Dividend of $0.42 per Share
BOSTON--(BUSINESS WIRE)--Bain Capital Specialty Finance, Inc. (NYSE: BCSF) today announced financial results for the second quarter ended June 30, 2024.
Opportunities In Income Securities That Have Lagged The Rally
Income assets and financial markets have surged, with only local EM debt in the red year-to-date, due to dollar strength. Our countercyclical approach has led to the culling of high-flyers like BDC Gl...
Bain Capital Specialty Finance: Attractive Buy With Unjustified Discount
Bain Capital Specialty Finance: Attractive Buy With Unjustified Discount
Bain Capital Specialty Finance, Inc. Schedules Earnings Release for the Second Quarter Ended June 30, 2024
BOSTON--(BUSINESS WIRE)--Bain Capital Specialty Finance, Inc. announced it will report its financial results for Q2 Ended June 30, 2024 on August 6, 2024 after market close.
BDC Weekly Review: Valuations Are At Early 2021 Levels
We take a look at the action in business development companies through the third week of June and highlight some of the key themes we are watching. BDCs were flat on the week, with some underperformer...
Bain Capital Specialty Finance: Initiating Coverage Of This 11%-Yielding BDC
We initiate coverage of business development company Bain Capital Specialty Finance, Inc., trading at an 11% dividend yield and a 7% discount to book. Bain Capital Specialty Finance is overweight in A...
Bain Capital Specialty Finance: 10% Covered Yield And Re-Rating Opportunity (Upgrade)
BDCs with good pay-out metrics and discounts to net asset value are still available, such as Bain Capital Specialty Finance Inc. Bain Capital Specialty Finance offers a 10% yield, growing net investme...
Bain Capital Specialty Finance, Inc. Increases and Extends Its Revolving Credit Facility
BOSTON--(BUSINESS WIRE)--Bain Capital Specialty Finance, Inc. (NYSE: BCSF, the “Company”, “our” or “we”) announced today that it has increased commitments under its senior secured revolving credit fac...
Bain Capital Specialty Finance: A Top-Rated BDC With Robust Outlook
Bain Capital Specialty Finance is one of the top-performing companies in the BDC industry, with strong risk-adjusted returns and a well-diversified investment portfolio. The company's ability to gener...
Bain Capital Specialty Finance: Opportunity To Get Shares At A Discount
Bain Capital Specialty Finance is a high-quality Business Development Company that trades at a discount to its net asset value. BCSF's portfolio is well-diversified across different industries and mai...
Bain Capital Specialty Finance, Inc. Announces March 31, 2024 Financial Results and Declares Second Quarter 2024 Dividend of $0.42 per Share
BOSTON--(BUSINESS WIRE)--Bain Capital Specialty Finance, Inc. (NYSE: BCSF) today announced financial results for the first quarter ended March 31, 2024.