Shares of Bain Capital Specialty Finance Inc (NYSE:BCSF) have been given an average broker rating score of 1.67 (Buy) from the three brokers that provide coverage for the company, Zacks Investment Research reports. One investment analyst has rated the stock with a hold recommendation and two have issued a strong buy recommendation on the company.
Analysts have set a twelve-month consensus price target of $19.73 for the company and are anticipating that the company will post $0.42 earnings per share for the current quarter, according to Zacks. Zacks has also given Bain Capital Specialty Finance an industry rank of 166 out of 255 based on the ratings given to its competitors.
Separately, Zacks Investment Research cut shares of Bain Capital Specialty Finance from a “hold” rating to a “sell” rating in a report on Monday, March 11th.
A number of large investors have recently bought and sold shares of the stock. Virtu Financial LLC purchased a new position in Bain Capital Specialty Finance in the 1st quarter valued at $198,000. Stifel Financial Corp purchased a new position in Bain Capital Specialty Finance in the 4th quarter valued at $224,000. Employees Retirement System of Texas purchased a new position in Bain Capital Specialty Finance in the 4th quarter valued at $3,164,000. Northern Trust Corp purchased a new position in Bain Capital Specialty Finance in the 4th quarter valued at $370,000. Finally, Dimension Capital Management LLC purchased a new position in Bain Capital Specialty Finance in the 4th quarter valued at $9,398,000. Hedge funds and other institutional investors own 7.16% of the company’s stock.
BCSF stock opened at $19.86 on Friday. Bain Capital Specialty Finance has a twelve month low of $15.14 and a twelve month high of $20.90. The company has a market cap of $1.02 billion and a price-to-earnings ratio of 13.70.
Bain Capital Specialty Finance (NYSE:BCSF) last released its quarterly earnings data on Thursday, February 28th. The company reported $0.41 earnings per share for the quarter, topping analysts’ consensus estimates of $0.39 by $0.02. Bain Capital Specialty Finance had a net margin of 26.82% and a return on equity of 6.87%. The company had revenue of $33.75 million for the quarter, compared to analysts’ expectations of $35.65 million. Sell-side analysts expect that Bain Capital Specialty Finance will post 1.74 EPS for the current year.
The firm also recently announced a quarterly dividend, which was paid on Friday, April 12th. Stockholders of record on Friday, March 29th were given a dividend of $0.41 per share. The ex-dividend date was Thursday, March 28th. This represents a $1.64 dividend on an annualized basis and a dividend yield of 8.26%. Bain Capital Specialty Finance’s dividend payout ratio (DPR) is presently 113.10%.
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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