According to Zacks, “Bain Capital Specialty Finance Inc. is a business development company. It focuses on investment in middle-market companies. Bain Capital Specialty Finance Inc. is based in Boston, United States. “
Separately, JMP Securities started coverage on shares of Bain Capital Specialty Finance in a research note on Wednesday, April 24th. They issued a market perform rating on the stock. Three investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The company currently has an average rating of Buy and an average price target of $20.25.
Bain Capital Specialty Finance (NYSE:BCSF) last released its quarterly earnings data on Wednesday, May 8th. The company reported $0.41 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.42 by ($0.01). The business had revenue of $39.89 million during the quarter, compared to analyst estimates of $41.83 million. Bain Capital Specialty Finance had a return on equity of 7.23% and a net margin of 44.85%. Research analysts forecast that Bain Capital Specialty Finance will post 1.68 EPS for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, July 29th. Stockholders of record on Friday, June 28th will be paid a $0.41 dividend. The ex-dividend date is Thursday, June 27th. This represents a $1.64 dividend on an annualized basis and a dividend yield of 9.09%. Bain Capital Specialty Finance’s payout ratio is currently 113.10%.
A number of hedge funds have recently added to or reduced their stakes in the stock. Chicago Capital LLC acquired a new stake in Bain Capital Specialty Finance during the second quarter valued at $647,000. Boston Private Wealth LLC acquired a new stake in Bain Capital Specialty Finance during the second quarter valued at $393,000. Stephens Inc. AR acquired a new stake in Bain Capital Specialty Finance during the first quarter valued at $444,000. Starr International Co. Inc. acquired a new stake in Bain Capital Specialty Finance during the first quarter valued at $13,303,000. Finally, C.V. Starr & Co. Inc. Trust acquired a new stake in Bain Capital Specialty Finance during the first quarter valued at $6,651,000. Institutional investors own 9.41% of the company’s stock.
Bain Capital Specialty Finance Company Profile
Bain Capital Specialty Finance, Inc operates as a business development company (BDC) 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.
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