Bain Capital Specialty Finance (NYSE:BCSF) Announces Quarterly Earnings Results

Bain Capital Specialty Finance (NYSE:BCSF – Get Free Report) issued its earnings results on Monday. The company reported $0.43 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.43, Zacks reports. Bain Capital Specialty Finance had a net margin of 24.22% and a return on equity of 10.40%. The company had revenue of $39.71 million for the quarter, compared to analyst estimates of $61.03 million.

Bain Capital Specialty Finance Price Performance

BCSF stock opened at $10.98 on Tuesday. The company has a market capitalization of $712.14 million, a P/E ratio of 11.09 and a beta of 0.59. The company has a debt-to-equity ratio of 1.39, a quick ratio of 7.20 and a current ratio of 7.20. Bain Capital Specialty Finance has a 52-week low of $9.99 and a 52-week high of $14.70. The business has a 50-day simple moving average of $10.98 and a two-hundred day simple moving average of $12.38.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on BCSF shares. Noble Financial assumed coverage on shares of Bain Capital Specialty Finance in a research report on Friday, September 18th. They set a “neutral” rating on the stock. Jefferies Financial Group set a $13.00 target price on shares of Bain Capital Specialty Finance in a report on Monday, August 17th. Zacks Research raised Bain Capital Specialty Finance from a “strong sell” rating to a “hold” rating in a report on Tuesday, October 13th. Loop Capital set a $12.50 price objective on shares of Bain Capital Specialty Finance in a research note on Friday, September 18th. Finally, Wells Fargo & Company lowered their price objective on shares of Bain Capital Specialty Finance from $13.00 to $12.00 and set an “equal weight” rating for the company in a research report on Wednesday, August 12th. Four investment analysts have rated the stock with a Hold rating. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $12.60.

Check Out Our Latest Stock Analysis on Bain Capital Specialty Finance

Bain Capital Specialty Finance Company Profile

(Get Free Report)

Bain Capital Specialty Finance, Inc (NYSE: BCSF) is a business development company that provides financing to middle-market companies. The company primarily invests in privately negotiated debt investments, with an emphasis on senior secured loans, including first-lien and unitranche facilities. It may also invest in second-lien debt and, to a lesser extent, equity securities.

BCSF seeks to support companies that are generally sponsored by private equity firms and operates across a range of industries.

See Also

Earnings History for Bain Capital Specialty Finance (NYSE:BCSF)

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