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

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

Bain Capital Specialty Finance Price Performance

Shares of BCSF stock traded up $0.09 during trading hours on Friday, reaching $16.98. The company had a trading volume of 94,796 shares, compared to its average volume of 234,560. 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 stock has a fifty day moving average of $16.82 and a 200-day moving average of $16.57. The company has a market capitalization of $1.10 billion, a price-to-earnings 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.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on BCSF shares. Wells Fargo & Company cut their price objective on Bain Capital Specialty Finance from $18.00 to $17.00 and set an “overweight” rating for the company in a research note on Thursday, August 8th. Keefe, Bruyette & Woods restated a “market perform” rating and issued a $17.00 price target 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.