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

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

Bain Capital Specialty Finance Stock Performance

Bain Capital Specialty Finance stock opened at $16.96 on Friday. The company has a quick ratio of 1.80, a current ratio of 1.80 and a debt-to-equity ratio of 1.03. The stock has a market cap of $1.09 billion, a PE ratio of 8.48 and a beta of 1.13. Bain Capital Specialty Finance has a 12-month low of $14.75 and a 12-month high of $17.25. The business’s 50-day moving average price is $16.82 and its two-hundred day moving average price is $16.57.

Analysts Set New Price Targets

Several equities analysts have recently commented on the stock. Wells Fargo & Company dropped their target price on shares of Bain Capital Specialty Finance from $18.00 to $17.00 and set an “overweight” rating for the company in a research report on Thursday, August 8th. 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 report on Wednesday, August 21st.

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.