Overview

• US middle market lender's Q1 net investment income per share fell from prior quarter

• Net asset value per share declined to $16.86 as of March 31 vs $17.23 at year-end

• Company declared Q2 dividend of $0.42 per share

Outlook

• Company says it remains well-positioned to navigate current market environment

Result Drivers

• DISCIPLINED INVESTING - Co maintained a selective approach to new investments, focusing on structures with strong lender controls amid market volatility, per CEO Michael Ewald

Company press release: ID:nBw9rW3LSa

Key Details

Analyst Coverage

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

• The average consensus recommendation for the investment management & fund operators peer group is "buy."

• Wall Street's median 12-month price target for Bain Capital Specialty Finance Inc is $13.00, about 2.3% below its May 11 closing price of $13.30

• The stock recently traded at 9 times the next 12-month earnings vs. a P/E of 8 three months ago

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