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

Bain Capital Specialty Finance (NYSE:BCSF) issued its quarterly earnings results on Tuesday. The company reported $0.53 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.50 by $0.03, Zacks reports. The firm had revenue of $72.54 million for the quarter. Bain Capital Specialty Finance had a net margin of 43.90% and a return on equity of 12.09%. During the same quarter in the previous year, the firm posted $0.55 earnings per share.

Bain Capital Specialty Finance Stock Performance

Shares of BCSF stock traded up $0.12 during midday trading on Thursday, hitting $16.96. 489,687 shares of the company were exchanged, compared to its average volume of 144,037. The firm has a market capitalization of $1.09 billion, a P/E ratio of 8.48 and a beta of 1.13. The company has a debt-to-equity ratio of 1.03, a quick ratio of 1.80 and a current ratio of 1.80. The firm’s 50 day moving average price is $16.82 and its two-hundred day moving average price is $16.57. Bain Capital Specialty Finance has a 52 week low of $14.75 and a 52 week high of $17.25.

Analyst Ratings Changes

Several research analysts have recently weighed in on BCSF shares. Keefe, Bruyette & Woods restated a “market perform” rating and set a $17.00 price objective on shares of Bain Capital Specialty Finance in a research note on Wednesday, August 21st. Wells Fargo & Company lowered their price objective on shares of Bain Capital Specialty Finance from $18.00 to $17.00 and set an “overweight” rating on the stock in a research note on Thursday, August 8th.

Bain Capital Specialty Finance Company Profile

Bain Capital Specialty Finance, Inc is 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.