Bain Capital Specialty Finance (NYSE:BCSF) Releases Quarterly Earnings Results, Beats Estimates By $0.03 EPS

Bain Capital Specialty Finance (NYSE:BCSF) released its quarterly earnings results on Thursday. The company reported $0.52 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.49 by $0.03, Zacks reports. Bain Capital Specialty Finance had a net margin of 43.62% and a return on equity of 11.90%.

Bain Capital Specialty Finance Stock Down 0.8 %

Shares of BCSF stock traded down $0.15 during mid-day trading on Thursday, reaching $18.48. 319,991 shares of the company’s stock traded hands, compared to its average volume of 204,802. The company’s 50-day moving average price is $17.80 and its 200-day moving average price is $17.14. The company has a market cap of $1.19 billion, a P/E ratio of 9.28 and a beta of 1.10. The company has a quick ratio of 1.41, a current ratio of 1.41 and a debt-to-equity ratio of 1.13. Bain Capital Specialty Finance has a 12 month low of $15.27 and a 12 month high of $18.94.

Wall Street Analysts Forecast Growth

Separately, Wells Fargo & Company upped their target price on Bain Capital Specialty Finance from $17.00 to $18.00 and gave the stock an “overweight” rating in a report on Wednesday, January 29th.

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.