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 7,398 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
499% more call options, than puts
Call options by funds: $2.85M | Put options by funds: $476K
37% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 19
33% more funds holding in top 10
Funds holding in top 10: 3 [Q3] → 4 (+1) [Q4]
32% more repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 34
16% more capital invested
Capital invested by funds: $510M [Q3] → $589M (+$79.4M) [Q4]
3.67% more ownership
Funds ownership: 48.37% [Q3] → 52.04% (+3.67%) [Q4]
2% more funds holding
Funds holding: 132 [Q3] → 135 (+3) [Q4]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$18
19%
upside
Avg. target
$18.50
22%
upside
High target
$19
26%
upside
2 analyst ratings
1 positive
50%
1 neutral
50%
0 negative
0%
Keefe, Bruyette & Woods Paul Johnson 0 / 0 met price target | 19%upside $18 | Market Perform Maintained | 4 Mar 2025 |
Wells Fargo Finian O'Shea 0% 1-year accuracy 0 / 7 met price target | 26%upside $19 | Overweight Maintained | 3 Mar 2025 |
Financial journalist opinion
Based on 3 articles about BCSF published over the past 30 days
Negative
Zacks Investment Research
1 day ago
Bain Capital Specialty (BCSF) Loses -6.85% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner
Bain Capital Specialty (BCSF) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.
Positive
Seeking Alpha
1 week ago
Bain Capital Specialty Finance: An Unusually Sub-Par Quarter But Positive Catalysts Ahead
BCSF delivered a 1.8% total NAV return in Q4 and an 11.2% return for the year. Despite a slight drop in net investment income, BCSF maintains high dividend coverage with a low interest expense supporting income. Portfolio quality remains strong with low non-accruals and improved internal ratings, though Q4 saw a net realized loss due to a second-lien hospitality loan.
Positive
Seeking Alpha
3 weeks ago
Bain Capital Specialty Finance: I'm Buying The Dip
BCSF is a top BDC with a first-lien-focused portfolio, low accruals, and strong diversification, but remains underfollowed. BCSF's stock price has dropped ~13%, making it an attractive entry point given its robust value proposition. Despite a potentially decreasing interest rate environment, BCSF's dividends are well-covered, with a current regular coverage rate of 118%.
Positive
Seeking Alpha
1 month ago
Bain Capital Specialty Finance: Q4 Results Show NAV Growth & Strong Dividend Coverage
Bain Capital Specialty Finance operates as a business development company that continues to demonstrate high-quality characteristics. The portfolio's diversity and 84% first lien structure provide a defensive measure, ensuring high repayment priority and reducing capital loss risk. Despite a slight premium to NAV, BCSF remains attractive due to strong earnings, low non-accruals, and potential for continued growth and NAV improvement.
Neutral
Seeking Alpha
1 month ago
Bain Capital Specialty Finance, Inc. (BCSF) Q4 2024 Earnings Call Transcript
Bain Capital Specialty Finance, Inc. (NYSE:BCSF ) Q4 2024 Earnings Conference Call February 28, 2025 8:00 AM ET Company Participants Katherine Schneider - Managing Director-Investor Relations Michael Ewald - Chief Executive Officer Mike Boyle - President Amit Joshi - Chief Financial Officer Conference Call Participants Finian O'Shea - Wells Fargo Operator Good day, everyone and welcome to the Bain Capital Specialty Finance Fourth Quarter and Fiscal Year Ended December 31, 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.
Neutral
Business Wire
1 month ago
Bain Capital Specialty Finance, Inc. Announces December 31, 2024 Financial Results and Declares First Quarter 2025 Dividend of $0.42 per Share and Additional Dividends Totaling $0.12 per Share for 2025
BOSTON--(BUSINESS WIRE)--Bain Capital Specialty Finance, Inc. (NYSE: BCSF, the “Company”, “our” or “we”) today announced financial results for the fourth quarter and fiscal year ended December 31, 2024, and that its Board of Directors (the “Board”) has declared a dividend of $0.42 per share for the first quarter of 2025 and has also declared additional dividends totaling $0.12 per share for 2025. “BCSF delivered strong quarterly and full year 2024 results as we continued to benefit from high ne.
Neutral
Business Wire
1 month ago
Bain Capital Specialty Finance, Inc. Schedules Earnings Release for the Fourth Quarter Ended December 31, 2024
BOSTON--(BUSINESS WIRE)--Bain Capital Specialty Finance, Inc. schedules earnings release for the fourth quarter ended Dec. 31, 2024 on Thurs., Feb. 27, 2025 after market close.
Positive
Seeking Alpha
2 months ago
Private Equity Investment In Japan Soars
Japan's share of all private equity and venture capital investments in Asia-Pacific grew in 2024 as the value of private equity deals targeting Japanese companies surged. Momentum is expected to continue in 2025, pushing private equity transaction value - and the competition among firms hunting deals - even higher this year, said Hajime Koyanagi, general manager of the investment strategy department at Nihon M&A Center, a Japanese advisory firm.
Positive
Seeking Alpha
2 months ago
Bain Capital Specialty Finance: An Overlooked Near 10% Yielding BDC Firing On All Cylinders
Bain Capital Specialty Finance has shown strong performance with impressive earnings, solid portfolio quality, and effective management, making it a compelling buy for income-oriented investors. BCSF's portfolio growth and low non-accrual rates, combined with a healthy balance sheet and investment-grade credit ratings, highlight its financial stability and potential for continued growth. Despite trading at a slight discount to NAV, BCSF offers a near double-digit yield and strong dividend coverage, making it an attractive option for income-focused portfolios.
Positive
Seeking Alpha
2 months ago
BDC Weekly Review: OBDC Consummates Merger, Delivering Alpha To OBDE Holders
We take a look at the action in business development companies through the third week of January and highlight some of the key themes we are watching. BDCs had a strong week with a 3% total return, boosted this year by the unwinding of several Fed rate cuts. Blue Owl Capital Corp's merger with OBDE provided significant alpha opportunities due to OBDE's lower valuation.
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