Bain Capital SpecialtyBCSF
BCSF
About: Bain Capital Specialty Finance Inc is an externally managed, closed-end, non-diversified management investment company. The company's objective is to provide risk-adjusted returns and current income to investors by investing predominantly in middle-market companies with between $10.0 million and $150.0 million in annual EBITDA. Its portfolio of investments includes First Lien Senior Secured Loan, Preferred Equity, Equity Interest, Warrants, and Second Lien Senior Secured Loan among others.
0
Funds holding %
of 7,296 funds
–
Analysts bullish %
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
270% more call options, than puts
Call options by funds: $4.59M | Put options by funds: $1.24M
88% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 16
64% more repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 36
8% more funds holding
Funds holding: 135 [Q4 2024] → 146 (+11) [Q1 2025]
0% more funds holding in top 10
Funds holding in top 10: 4 [Q4 2024] → 4 (+0) [Q1 2025]
0.61% less ownership
Funds ownership: 51.93% [Q4 2024] → 51.32% (-0.61%) [Q1 2025]
6% less capital invested
Capital invested by funds: $588M [Q4 2024] → $550M (-$38.1M) [Q1 2025]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$16
4%
upside
Avg. target
$16.50
7%
upside
High target
$17
10%
upside
2 analyst ratings
1 positive
50%
1 neutral
50%
0 negative
0%
Wells Fargo Finian O'Shea | 4%upside $16 | Overweight Maintained | 28 Apr 2025 |
Keefe, Bruyette & Woods Paul Johnson | 10%upside $17 | Market Perform Maintained | 8 Apr 2025 |
Financial journalist opinion
Based on 3 articles about BCSF published over the past 30 days
Positive
Seeking Alpha
5 days ago
Bain Capital Specialty Finance: I'm Buying This BDC's Investment Grade 11.5% Dividend Yield
BCSF trades at an 11% discount-to-NAV, offering a healthy entry point for investors looking for high-quality private credit exposure. The stock boasts a 10.7% base dividend yield, supplemented by additional payouts of 3 cents per share every quarter. BCSF's investment-grade rating, selective origination, and low leverage provide strong credit quality and defensive positioning.
Positive
Forbes
6 days ago
How To Lock In Yields Up To 17.1% In Historically Cheap Small Caps
Small-cap stocks haven't been this cheap in decades. This valuation advantage gets interesting when we add big fat dividends and today, we'll discuss five cheap small caps yielding between 8.3% and 17.1%.
Negative
Seeking Alpha
4 weeks ago
BDC Weekly Review: Unrealized Depreciation Nearly Universal In Q1
We take a look at the action in business development companies through the second week of May and highlight some of the key themes we are watching. The BDC sector remained flat on the week, with CGBD leading the decline. The median BDC valuation is at a 12% discount, making the sector attractive for new allocations. Net unrealized depreciation is a key theme this earnings season, driven by wider public credit spreads, leading to a median NAV drop of around 1% in Q1.
Positive
Zacks Investment Research
1 month ago
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.
Positive
Seeking Alpha
1 month ago
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.
Neutral
Seeking Alpha
1 month ago
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.
Neutral
Business Wire
1 month ago
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.
Positive
Seeking Alpha
1 month ago
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.
Neutral
Business Wire
1 month ago
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.
Negative
Seeking Alpha
1 month ago
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.
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