Bain Capital Specialty Finance Inc (NYSE:BCSF) Given Average Rating of “Buy” by Analysts

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Shares of Bain Capital Specialty Finance Inc (NYSE:BCSF) have been given a consensus recommendation of “Buy” by the six analysts that are currently covering the firm, Marketbeat.com reports. Three equities research analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 12 month price target among brokerages that have issued ratings on the stock in the last year is $20.25.

Several research analysts recently weighed in on BCSF shares. Zacks Investment Research upgraded General Moly from a “sell” rating to a “hold” rating in a research note on Thursday. JMP Securities started coverage on Bain Capital Specialty Finance in a research note on Wednesday, April 24th. They set a “market perform” rating on the stock.

Institutional investors have recently bought and sold shares of the business. Employees Retirement System of Texas purchased a new stake in Bain Capital Specialty Finance during the 4th quarter valued at about $3,164,000. Starr International Co. Inc. purchased a new stake in shares of Bain Capital Specialty Finance in the first quarter worth about $13,303,000. Stephens Inc. AR purchased a new stake in shares of Bain Capital Specialty Finance in the first quarter worth about $444,000. Bank of Montreal Can purchased a new stake in shares of Bain Capital Specialty Finance in the first quarter worth about $1,544,000. Finally, Northern Trust Corp purchased a new stake in shares of Bain Capital Specialty Finance in the fourth quarter worth about $370,000. Institutional investors and hedge funds own 9.41% of the company’s stock.

BCSF stock traded up $0.12 on Monday, hitting $18.05. 119,593 shares of the company’s stock were exchanged, compared to its average volume of 203,885. Bain Capital Specialty Finance has a 12-month low of $15.14 and a 12-month high of $20.90. The stock’s 50 day simple moving average is $18.62. The firm has a market capitalization of $932.28 million and a PE ratio of 12.45.

Bain Capital Specialty Finance (NYSE:BCSF) last announced its earnings results on Wednesday, May 8th. The company reported $0.41 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.42 by ($0.01). Bain Capital Specialty Finance had a return on equity of 7.23% and a net margin of 44.85%. The business had revenue of $39.89 million for the quarter, compared to analysts’ expectations of $41.83 million. On average, equities analysts predict that Bain Capital Specialty Finance will post 1.68 earnings per share for the current year.

The company also recently declared a quarterly dividend, which will be paid on Monday, July 29th. Shareholders of record on Friday, June 28th will be paid a dividend of $0.41 per share. The ex-dividend date of this dividend is Thursday, June 27th. This represents a $1.64 annualized dividend and a yield of 9.09%. Bain Capital Specialty Finance’s payout ratio 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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Analyst Recommendations for Bain Capital Specialty Finance (NYSE:BCSF)

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