Bain Capital Specialty Finance Q1 net investment income falls q-o-q
Bain Capital Specialty Finance BCSF | 0.00 |
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
Metric |
Beat/Miss |
Actual |
Consensus Estimate |
Q1 EPS |
|
$0.05 |
|
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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