| 3 SBIC & Commercial Finance Stocks to Buy Despite Industry Challenges |
Relatively higher rates and muted economic growth will affect demand for personalized financing. Yet, Zacks SBIC & Commercial Finance industry players like BCSF, PNNT and SCM are worth considering. |
zacks.com |
2025-05-08 14:25:33 |
Czytaj oryginał (ang.) |
| Bain Capital Specialty Finance: Lower Earnings But Fundamentals & Dividend Coverage Are Strong |
BCSF remains a buy due to strong fundamentals, resilient earnings, low non-accruals, and a generous 11.4% dividend yield, despite recent price declines. BCSF's diverse portfolio, with 93.2% in floating rate debt, positions it well to benefit from the current high interest rate environment. Q1 earnings were solid, with net investment income of $0.50 per share, and the portfolio's NAV has remained stable, indicating effective strategy execution. |
seekingalpha.com |
2025-05-08 11:50:11 |
Czytaj oryginał (ang.) |
| Bain Capital Specialty Finance, Inc. (BCSF) Q1 2025 Earnings Call Transcript |
Bain Capital Specialty Finance, Inc. (NYSE:BCSF ) Q1 2025 Earnings Call May 6, 2025 8:30 AM ET Company Participants Katherine Schneider - Investor Relations Michael Ewald - Chief Executive Officer Mike Boyle - President Amit Joshi - Chief Financial Officer Conference Call Participants Paul Johnson - KBW Finian O'Shea - Wells Fargo Securities Derek Hewett - Bank of America Operator Good day, everyone and welcome to the Bain Capital Specialty Finance First Quarter ended March 31, 2025 Earnings Conference Call. [Operator Instructions] It is now my pleasure to turn the conference over to Katherine Schneider, Investor Relations. |
seekingalpha.com |
2025-05-06 15:12:14 |
Czytaj oryginał (ang.) |
| Bain Capital Specialty Finance, Inc. Announces March 31, 2025 Financial Results and Declares Second Quarter 2025 Dividend of $0.42 per Share |
BOSTON--(BUSINESS WIRE)--Bain Capital Specialty Finance, Inc. Announces March 31, 2025 Financial Results and Declares Second Quarter 2025 Dividend of $0.42 per Share. |
businesswire.com |
2025-05-05 21:06:00 |
Czytaj oryginał (ang.) |
| 2 High-Yield BDCs To Navigate Volatility And Grow Your Income |
Market volatility and higher interest rates make BDCs attractive for income investors, with Bain Capital Specialty Finance and Carlyle Secured Lending offering strong dividend coverage and potential upside. Bain Capital Specialty Finance shows solid portfolio growth, strong dividend coverage, and a favorable P/NAV ratio, despite slight declines in net investment income and top-line revenue. Carlyle Secured Lending, despite recent declines, offers a compelling P/NAV ratio, solid liquidity, and strong dividend coverage, bolstered by a recent merger and investment-grade credit ratings. |
seekingalpha.com |
2025-05-05 11:15:00 |
Czytaj oryginał (ang.) |
| Bain Capital Specialty Finance, Inc. Schedules Earnings Release for the First Quarter Ended March 31, 2025 |
BOSTON--(BUSINESS WIRE)--Bain Capital Specialty Finance, Inc. schedules earnings release for the first quarter ended March 31, 2025. |
businesswire.com |
2025-04-21 20:30:00 |
Czytaj oryginał (ang.) |
| BDC Weekly Review: Consequences Of The Trade War For BDCs |
We take a look at the action in business development companies through the second week of April and highlight some of the key themes we are watching. BDCs experienced a 3% decline this week, with volatility at its highest since COVID; traded volumes matched COVID levels. The trade war and market meltdown are causing growth slowdowns and inflation, potentially leading to Fed rate cuts. |
seekingalpha.com |
2025-04-19 15:44:55 |
Czytaj oryginał (ang.) |
| Bain Capital Specialty (BCSF) Loses -6.85% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner |
Bain Capital Specialty (BCSF) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock. |
zacks.com |
2025-04-03 14:35:44 |
Czytaj oryginał (ang.) |
| Bain Capital Specialty Finance: An Unusually Sub-Par Quarter But Positive Catalysts Ahead |
BCSF delivered a 1.8% total NAV return in Q4 and an 11.2% return for the year. Despite a slight drop in net investment income, BCSF maintains high dividend coverage with a low interest expense supporting income. Portfolio quality remains strong with low non-accruals and improved internal ratings, though Q4 saw a net realized loss due to a second-lien hospitality loan. |
seekingalpha.com |
2025-03-26 12:57:50 |
Czytaj oryginał (ang.) |
| Bain Capital Specialty Finance: I'm Buying The Dip |
BCSF is a top BDC with a first-lien-focused portfolio, low accruals, and strong diversification, but remains underfollowed. BCSF's stock price has dropped ~13%, making it an attractive entry point given its robust value proposition. Despite a potentially decreasing interest rate environment, BCSF's dividends are well-covered, with a current regular coverage rate of 118%. |
seekingalpha.com |
2025-03-14 12:29:04 |
Czytaj oryginał (ang.) |
| Bain Capital Specialty Finance: Q4 Results Show NAV Growth & Strong Dividend Coverage |
Bain Capital Specialty Finance operates as a business development company that continues to demonstrate high-quality characteristics. The portfolio's diversity and 84% first lien structure provide a defensive measure, ensuring high repayment priority and reducing capital loss risk. Despite a slight premium to NAV, BCSF remains attractive due to strong earnings, low non-accruals, and potential for continued growth and NAV improvement. |
seekingalpha.com |
2025-03-03 14:16:43 |
Czytaj oryginał (ang.) |
| Bain Capital Specialty Finance, Inc. (BCSF) Q4 2024 Earnings Call Transcript |
Bain Capital Specialty Finance, Inc. (NYSE:BCSF ) Q4 2024 Earnings Conference Call February 28, 2025 8:00 AM ET Company Participants Katherine Schneider - Managing Director-Investor Relations Michael Ewald - Chief Executive Officer Mike Boyle - President Amit Joshi - Chief Financial Officer Conference Call Participants Finian O'Shea - Wells Fargo Operator Good day, everyone and welcome to the Bain Capital Specialty Finance Fourth Quarter and Fiscal Year Ended December 31, 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode. |
seekingalpha.com |
2025-02-28 12:28:52 |
Czytaj oryginał (ang.) |
| Bain Capital Specialty Finance, Inc. Announces December 31, 2024 Financial Results and Declares First Quarter 2025 Dividend of $0.42 per Share and Additional Dividends Totaling $0.12 per Share for 2025 |
BOSTON--(BUSINESS WIRE)--Bain Capital Specialty Finance, Inc. (NYSE: BCSF, the “Company”, “our” or “we”) today announced financial results for the fourth quarter and fiscal year ended December 31, 2024, and that its Board of Directors (the “Board”) has declared a dividend of $0.42 per share for the first quarter of 2025 and has also declared additional dividends totaling $0.12 per share for 2025. “BCSF delivered strong quarterly and full year 2024 results as we continued to benefit from high ne. |
businesswire.com |
2025-02-27 18:47:00 |
Czytaj oryginał (ang.) |
| Bain Capital Specialty Finance, Inc. Schedules Earnings Release for the Fourth Quarter Ended December 31, 2024 |
BOSTON--(BUSINESS WIRE)--Bain Capital Specialty Finance, Inc. schedules earnings release for the fourth quarter ended Dec. 31, 2024 on Thurs., Feb. 27, 2025 after market close. |
businesswire.com |
2025-02-05 18:30:00 |
Czytaj oryginał (ang.) |
| Bain Capital Specialty Finance: An Overlooked Near 10% Yielding BDC Firing On All Cylinders |
Bain Capital Specialty Finance has shown strong performance with impressive earnings, solid portfolio quality, and effective management, making it a compelling buy for income-oriented investors. BCSF's portfolio growth and low non-accrual rates, combined with a healthy balance sheet and investment-grade credit ratings, highlight its financial stability and potential for continued growth. Despite trading at a slight discount to NAV, BCSF offers a near double-digit yield and strong dividend coverage, making it an attractive option for income-focused portfolios. |
seekingalpha.com |
2025-01-27 09:03:00 |
Czytaj oryginał (ang.) |
| BDC Weekly Review: OBDC Consummates Merger, Delivering Alpha To OBDE Holders |
We take a look at the action in business development companies through the third week of January and highlight some of the key themes we are watching. BDCs had a strong week with a 3% total return, boosted this year by the unwinding of several Fed rate cuts. Blue Owl Capital Corp's merger with OBDE provided significant alpha opportunities due to OBDE's lower valuation. |
seekingalpha.com |
2025-01-25 02:17:16 |
Czytaj oryginał (ang.) |
| BDC Weekly Review: Key Q3 Earnings Trends |
We take a look at the action in business development companies through the second week of November and highlight some of the key themes we are watching. BDCs were flat this week in aggregate, outperforming other income sectors, with PSEC and TPVG bookending month-to-date returns. Q3 earnings reveal a slight decline in net investment income due to rate cuts, tight market spreads, and refinancing into higher coupon debt. |
seekingalpha.com |
2024-11-30 08:54:26 |
Czytaj oryginał (ang.) |
| Bain Capital Specialty Finance: Another Excellent Quarter For This 10.7% Yielding BDC |
We take a look at the Q3 results of the BDC Bain Capital Specialty Finance. BCSF boasts strong performance and a cheap valuation, trading at a 10.6% dividend yield and 5% discount to book value. The company's ultra-low interest expense provides a competitive advantage for another 18 months, enhancing its yield spread above the sector median. |
seekingalpha.com |
2024-11-26 06:22:51 |
Czytaj oryginał (ang.) |
| Bain Capital Specialty Finance: New Investments Can Drive Growth |
Bain Capital Specialty Finance (BCSF) remains a strong buy due to its low non-accrual rate, high dividend coverage, and strategic new investments, ensuring portfolio growth despite interest rate cuts. The portfolio is diverse with $2.4B spread across 159 companies, mitigating industry-specific risks. Financials are solid with net investment income at $0.53 per share, a growing NAV, and strategic investments primarily in senior secured first lien debt. |
seekingalpha.com |
2024-11-24 14:02:40 |
Czytaj oryginał (ang.) |
| BDC Weekly Review: Key Q3 Earnings Trends |
We take a look at the action in business development companies through the second week of November and highlight some of the key themes we are watching. BDCs were flat this week in aggregate, outperforming other income sectors, with PSEC and TPVG book ending month-to-date returns. Q3 earnings reveal a slight decline in net investment income due to rate cuts, tight market spreads, and refinancing into higher coupon debt. |
seekingalpha.com |
2024-11-23 00:07:01 |
Czytaj oryginał (ang.) |
| 2 SBIC & Commercial Finance Stocks to Buy Amid Industry Challenges |
Weak asset quality is a near-term headwind for the Zacks SBIC & Commercial Finance industry. Yet, a rise in financing demand across sectors as rates come down will support companies like Kayne Anderson (KBDC) and Bain Capital (BCSF). |
zacks.com |
2024-11-21 11:20:15 |
Czytaj oryginał (ang.) |
| Don't Miss Out On Bain Capital Specialty Finance |
BCSF offers high yield and strong DPS coverage, supported by a defensive, first-lien debt-focused portfolio. Investors interested in the BDC space seeking reliable income sources shouldn't miss out on the opportunity for an outstanding distribution safety BCSF provides. BCSF's well-diversified portfolio spans 159 entities with a fair value of $2.4B, emphasizing first-lien debt for repayment priority. |
seekingalpha.com |
2024-11-17 16:58:27 |
Czytaj oryginał (ang.) |
| Bain Capital Specialty Finance, Inc. (BCSF) Q3 2024 Earnings Call Transcript |
Bain Capital Specialty Finance, Inc. (NYSE:BCSF ) Q3 2024 Earnings Conference Call November 6, 2024 9:30 AM ET Company Participants Katherine Schneider - Director, Investor Relations Michael Ewald - Chief Executive Officer Mike Boyle - President Amit Joshi - Chief Financial Officer Conference Call Participants Paul Johnson - KBW Derek Hewett - Bank of America Operator Good day, everyone, and welcome to today's Bain Capital Specialty Finance Third Quarter Ended September 30, 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode. |
seekingalpha.com |
2024-11-06 13:02:31 |
Czytaj oryginał (ang.) |
| Bain Capital Specialty Finance, Inc. Announces September 30, 2024 Financial Results and Declares Fourth Quarter 2024 Dividend of $0.42 per Share |
BOSTON--(BUSINESS WIRE)--Bain Capital Specialty Finance, Inc. Announces September 30, 2024 Financial Results and Declares Fourth Quarter 2024 Dividend of $0.42 per Share. |
businesswire.com |
2024-11-05 19:27:00 |
Czytaj oryginał (ang.) |
| Bain Capital Specialty Finance, Inc. Schedules Earnings Release for the Third Quarter Ended September 30, 2024 |
BOSTON--(BUSINESS WIRE)--Bain Capital Specialty Finance will report its financial results for the third quarter ended September 30, 2024 on Tuesday, November 5, 2024. |
businesswire.com |
2024-10-21 12:55:00 |
Czytaj oryginał (ang.) |
| Bain Capital Specialty Finance: Collect A 10.2% Yield On The Drop |
Bain Capital Specialty Finance offers a well-covered 10% dividend yield, with potential for supplemental dividends, making it attractive for passive income investors. Despite dividend hikes, the BDC's net asset value grew, and the stock trades at a 6% NAV discount, presenting a favorable risk/reward. The company's First Lien-centric portfolio and high dividend coverage suggest sustainability, even in a low-rate environment, with the potential for further dividend increases. |
seekingalpha.com |
2024-10-04 15:24:08 |
Czytaj oryginał (ang.) |
| Bain Capital Specialty Finance: The Discount To NAV Is Still Unjustified After Q2 Report |
After Q2 2024 Bain Capital Specialty Finance (BCSF) remains a strong buy due to robust fundamentals and an unjustified ~7% discount to NAV. Q2 2024 earnings show solid base dividend coverage at 121% and a healthy portfolio with non-accruals at just 1.0%. Despite a drop in net investment activity, gross origination increased 55% YoY, signaling strong future transaction activity. |
seekingalpha.com |
2024-09-02 16:36:27 |
Czytaj oryginał (ang.) |
| BDC Weekly Review: Q2 Wrap-Up |
We take a look at the action in business development companies through the fourth week of August and highlight some of the key themes we are watching. BDCs were up nearly 1% on the week, partly retracing the early August drop. Over Q2 sector net investment income and portfolio yield were flat or slightly lower while non-accruals rose. |
seekingalpha.com |
2024-08-31 08:19:11 |
Czytaj oryginał (ang.) |
| BDC Weekly Review: PSEC Gets Bad Press |
We take a look at the action in business development companies through the third week of August and highlight some of the key themes we are watching. BDCs delivered a 2% total return on the week, starting to climb out of the early August drawdown. A recent Bloomberg article on Prospect Capital focused on cash generation and preferred stock issuance. |
seekingalpha.com |
2024-08-24 02:03:41 |
Czytaj oryginał (ang.) |
| Why We Are Adding BDCs To Our Income Portfolios Right Now |
Over the last couple of weeks we added a number of new BDC positions to our Income Portfolios despite a fairly expensive credit market backdrop. We discuss the reasons behind this and where we see value in the BDC space. Recent market hiccup has opened up attractive opportunities in the BDC sector, particularly in newly IPO'd companies with lower liquidity and awareness. |
seekingalpha.com |
2024-08-23 13:42:40 |
Czytaj oryginał (ang.) |
| Need $15,000 Extra Income? These Dividend Stocks May Be the Ticket |
24/7 Wall Street Insights The current high interest environment has fueled the growth of the private credit market from $875 billion to over $1 trillion in a short time, with a projected $2.8 trillion market by 2027-28. |
247wallst.com |
2024-08-23 10:45:38 |
Czytaj oryginał (ang.) |
| Bain Capital Specialty Finance: Adding This 11.5%-Yielding BDC After Another Solid Quarter |
We take a look at the Q2 results of the BDC Bain Capital Specialty Finance. BCSF is part of Bain Capital Credit's private credit umbrella and is overweight Defense, Tech, and Business Service sectors. BCSF trades at an 11.5% dividend yield and a 12% discount to book, with stable NAV and strong income dynamics. |
seekingalpha.com |
2024-08-21 17:21:54 |
Czytaj oryginał (ang.) |
| BDC Weekly Review: Yield Myopia Ignores The Right Metrics |
We take a look at the action in business development companies through the second week of August and highlight some of the key themes we are watching. BDCs underperformed with a total return of -2% due to poor quarterly results or dividend cuts. TriplePoint Venture Growth highlights the disconnect between dividend yield and total NAV return. |
seekingalpha.com |
2024-08-17 03:34:27 |
Czytaj oryginał (ang.) |
| Bain Capital Specialty Finance, Inc. Announces June 30, 2024 Financial Results and Declares Third Quarter 2024 Dividend of $0.42 per Share |
BOSTON--(BUSINESS WIRE)--Bain Capital Specialty Finance, Inc. (NYSE: BCSF) today announced financial results for the second quarter ended June 30, 2024. |
businesswire.com |
2024-08-06 21:18:00 |
Czytaj oryginał (ang.) |
| Opportunities In Income Securities That Have Lagged The Rally |
Income assets and financial markets have surged, with only local EM debt in the red year-to-date, due to dollar strength. Our countercyclical approach has led to the culling of high-flyers like BDC Gladstone Capital and the CEF Nuveen Preferred and Income Term Fund. We highlight opportunities in securities that have lagged the market across the CEF and BDC sectors. |
seekingalpha.com |
2024-07-24 15:33:23 |
Czytaj oryginał (ang.) |
| Bain Capital Specialty Finance: Attractive Buy With Unjustified Discount |
Bain Capital Specialty Finance: Attractive Buy With Unjustified Discount |
seekingalpha.com |
2024-07-16 13:33:51 |
Czytaj oryginał (ang.) |