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

Bain Capital Specialty Finance (NYSE:BCSF) issued its quarterly earnings data 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 business had revenue of $72.54 million during the quarter. Bain Capital Specialty Finance had a return on equity of 12.09% and a net margin of 43.90%. During the same period last year, the firm earned $0.55 EPS.

Bain Capital Specialty Finance Price Performance

NYSE BCSF traded up $0.09 during trading hours on Friday, reaching $16.98. The company’s stock had a trading volume of 94,796 shares, compared to its average volume of 234,560. The firm 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 1-year low of $14.75 and a 1-year high of $17.25. The company has a debt-to-equity ratio of 1.03, a current ratio of 1.80 and a quick ratio of 1.80. The company’s 50-day moving average is $16.82 and its two-hundred day moving average is $16.57.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on BCSF shares. Keefe, Bruyette & Woods reissued a “market perform” rating and issued a $17.00 price objective on shares of Bain Capital Specialty Finance in a report on Wednesday, August 21st. Wells Fargo & Company decreased their price objective on Bain Capital Specialty Finance from $18.00 to $17.00 and set an “overweight” rating for the company in a report on Thursday, August 8th.

About Bain Capital Specialty Finance

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.