Bain Capital Specialty Finance (NYSE:BCSF) issued its earnings results on Wednesday. The company reported $0.41 earnings per share (EPS) for the quarter, hitting the Zacks’ consensus estimate of $0.41, Fidelity Earnings reports. Bain Capital Specialty Finance had a return on equity of 8.27% and a net margin of 44.83%. The business had revenue of $52.69 million during the quarter, compared to analysts’ expectations of $51.91 million.
Shares of BCSF opened at $19.00 on Friday. Bain Capital Specialty Finance has a 1 year low of $15.14 and a 1 year high of $20.90. The stock has a 50 day simple moving average of $18.81 and a 200-day simple moving average of $18.73. The stock has a market cap of $975.15 million and a PE ratio of 13.10.
Separately, Zacks Investment Research raised Bain Capital Specialty Finance from a “sell” rating to a “hold” rating in a report on Friday, October 25th. Three equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average target price of $20.25.
About Bain Capital Specialty Finance
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.
Recommended Story: Using other technical indicators with support levels
Receive News & Ratings for Bain Capital Specialty Finance Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bain Capital Specialty Finance and related companies with MarketBeat.com's FREE daily email newsletter.