Brokerages Set Bain Capital Specialty Finance Inc (BCSF) Price Target at $20.25

Bain Capital Specialty Finance Inc (NYSE:BCSF) has received an average rating of “Hold” from the six brokerages that are currently covering the stock, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and three have issued a buy rating on the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is $20.25.

Several research analysts recently commented on the company. JMP Securities assumed coverage on Bain Capital Specialty Finance in a research report on Wednesday, April 24th. They set a “market perform” rating for the company. Zacks Investment Research cut Bain Capital Specialty Finance from a “hold” rating to a “sell” rating in a research report on Wednesday, May 8th.

Shares of NYSE:BCSF traded down $0.02 during mid-day trading on Friday, reaching $18.98. 86,366 shares of the stock were exchanged, compared to its average volume of 152,144. Bain Capital Specialty Finance has a one year low of $15.14 and a one year high of $20.90. The company has a market cap of $980.32 million and a PE ratio of 13.09.

Bain Capital Specialty Finance (NYSE:BCSF) last issued its quarterly earnings results on Wednesday, May 8th. The company reported $0.41 EPS for the quarter, missing the consensus estimate of $0.42 by ($0.01). Bain Capital Specialty Finance had a net margin of 44.85% and a return on equity of 7.23%. The company had revenue of $39.89 million for the quarter, compared to analyst estimates of $41.83 million. On average, research analysts anticipate that Bain Capital Specialty Finance will post 1.73 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, July 29th. Stockholders of record on Friday, June 28th will be given a $0.41 dividend. The ex-dividend date of this dividend is Thursday, June 27th. This represents a $1.64 dividend on an annualized basis and a dividend yield of 8.64%. Bain Capital Specialty Finance’s payout ratio is 113.10%.

Large investors have recently added to or reduced their stakes in the stock. Great West Life Assurance Co. Can acquired a new stake in Bain Capital Specialty Finance during the 1st quarter worth approximately $46,000. Wells Fargo & Company MN acquired a new stake in Bain Capital Specialty Finance during the 1st quarter worth approximately $131,000. Virtu Financial LLC acquired a new stake in Bain Capital Specialty Finance during the 1st quarter worth approximately $198,000. Stifel Financial Corp acquired a new stake in Bain Capital Specialty Finance during the 4th quarter worth approximately $224,000. Finally, Bank of New York Mellon Corp acquired a new stake in Bain Capital Specialty Finance during the 4th quarter worth approximately $234,000. 10.64% of the stock is owned by institutional investors and hedge funds.

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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