NYSE:BBDCBarings BDC Stock Price, Forecast & News

$8.21

-0.09 (-1.08 %)

(As of 06/5/2020 03:23 PM ET)

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Today's Range

$8.18

Now: $8.21▼

$8.48

50-Day Range

$6.22

MA: $6.89▼

$8.27

52-Week Range

$4.67

Now: $8.21▼

$10.59

Volume7,246 shs

Average Volume202,353 shs

Market Capitalization$393.75 million

P/E RatioN/A

Dividend Yield7.74%

Beta0.64

Barings BDC, Inc. (NYSE:BBDC) is a business development company specializing in private equity and mezzanine investments. It focuses on leveraged buyouts, management buyouts, ESOPs, change of control transactions, acquisition financings, growth financing, and recapitalizations in lower middle market, mature, and later stage companies. The firm prefers to make investments in many business sectors including manufacturing, distribution, transportation, energy, communications, health services, restaurants, media, and others. It primarily invests in companies located throughout the United States, with an emphasis on the Southeast and Midatlantic. The firm makes equity investments between $1 million and $25 million and debt investments between $5 million and $30 million per transaction, in companies having annual revenues between $20 million and $200 million and EBITDA between $3 million and $35 million and can also co-invest. It typically makes investments between $5 million and $35 million. It primarily invests in senior subordinated debt securities secured by second lien security interests in portfolio company assets, coupled with equity interests. The firm also invests in senior debt securities secured by first lien security interests in portfolio companies. Triangle Capital Corporation was incorporated on October 10, 2006 and is based in Raleigh, North Carolina.

Beat the Market (BTM) Rank^™

1.5 Analyst's Opinion

Consensus Rating
Barings BDC has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $8.58, Barings BDC has a potential upside of 4.5% from its current price of $8.21.
Amount of Analyst Coverage
Barings BDC has only been the subject of 3 research reports in the past 90 days.

2.1 Community Rank

Outperform Votes
Barings BDC has received 63 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Barings BDC has received 90 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Barings BDC has received 58.82% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Barings BDC and other stocks. Vote “Outperform” if you believe BBDC will outperform the S&P 500 over the long term. Vote “Underperform” if you believe BBDC will underperform the S&P 500 over the long term. You may vote once every thirty days.

1.7 Dividend Strength

Dividend Leadership
Barings BDC is a leading dividend payer. It pays a dividend yield of 7.74%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Barings BDC does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Barings BDC is 104.92 %. Payout ratios above 75% are not desirable because they may not be sustainable.
Dividend Sustainability
Based on EPS estimates, Barings BDC will have a dividend payout ratio of 100.00 % in the coming year. This indicates that Barings BDC may not be able to sustain their current dividend.

4.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Barings BDC insiders have bought 13,437.87% more of their company's stock than they have sold. Specifically, they have bought $462,995.00 in company stock and sold $3,420.00 in company stock.
Percentage Held by Insiders
Only 0.19% of the stock of Barings BDC is held by insiders.
Percentage Held by Institutions
75.99% of the stock of Barings BDC is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3 Earnings and Valuation

Earnings Growth
Earnings for Barings BDC are expected to grow by 6.67% in the coming year, from $0.60 to $0.64 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Barings BDC is -4.56, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Barings BDC is -4.56, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Barings BDC has a P/B Ratio of 0.74. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.10 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Investment advice

Sub-IndustryN/A

SectorFinance

Current SymbolNYSE:BBDC

Previous Symbol

CUSIPN/A

CIKN/A

Webwww.baringsbdc.com

Phone704-805-7200

Debt

Debt-to-Equity Ratio1.41

Current Ratio1.33

Quick Ratio1.33

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E Ratio13.68

P/E GrowthN/A

Sales & Book Value

Annual Sales$75.65 million

Price / Sales5.20

Cash Flow$0.58 per share

Price / Cash Flow14.11

Book Value$11.15 per share

Price / Book0.74

Profitability

EPS (Most Recent Fiscal Year)$0.61

Net Income$58.19 million

Net Margins-115.14%

Return on Equity5.51%

Return on Assets2.50%

Miscellaneous

EmployeesN/A

Outstanding Shares47,960,000

Market Cap$393.75 million

Next Earnings Date8/4/2020 (Estimated)

OptionableOptionable

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Barings BDC (NYSE:BBDC) Frequently Asked Questions

How has Barings BDC's stock been impacted by COVID-19 (Coronavirus)?

Barings BDC's stock was trading at $8.88 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, BBDC shares have decreased by 7.5% and is now trading at $8.21. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Barings BDC?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Barings BDC in the last year. There are currently 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Barings BDC.

When is Barings BDC's next earnings date?

Barings BDC is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for Barings BDC.

How were Barings BDC's earnings last quarter?

Barings BDC Inc (NYSE:BBDC) released its earnings results on Thursday, April, 30th. The company reported $0.15 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.16 by $0.01. The business had revenue of $18.68 million for the quarter, compared to the consensus estimate of $19.01 million. Barings BDC had a positive return on equity of 5.51% and a negative net margin of 115.14%. View Barings BDC's earnings history.

How often does Barings BDC pay dividends? What is the dividend yield for Barings BDC?

Barings BDC declared a quarterly dividend on Thursday, April 30th. Stockholders of record on Wednesday, June 10th will be paid a dividend of $0.16 per share on Wednesday, June 17th. This represents a $0.64 annualized dividend and a dividend yield of 7.80%. The ex-dividend date is Tuesday, June 9th. View Barings BDC's dividend history.

What price target have analysts set for BBDC?

3 brokerages have issued 12 month price targets for Barings BDC's shares. Their forecasts range from $7.25 to $10.00. On average, they anticipate Barings BDC's share price to reach $8.58 in the next twelve months. This suggests a possible upside of 4.5% from the stock's current price. View analysts' price targets for Barings BDC.

Has Barings BDC been receiving favorable news coverage?

News stories about BBDC stock have trended somewhat negative this week, InfoTrie Sentiment reports. InfoTrie scores the sentiment of news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Barings BDC earned a coverage optimism score of -1.9 on InfoTrie's scale. They also assigned headlines about the company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View the latest news aboutBarings BDC.

Are investors shorting Barings BDC?

Barings BDC saw a decrease in short interest in May. As of May 15th, there was short interest totaling 336,000 shares, a decrease of 7.7% from the April 30th total of 363,900 shares. Based on an average daily volume of 304,100 shares, the days-to-cover ratio is presently 1.1 days. Currently, 0.7% of the shares of the company are sold short. View Barings BDC's Current Options Chain.

Who are some of Barings BDC's key competitors?

Some companies that are related to Barings BDC include PJT Partners (PJT), Victory Capital (VCTR), Virtus Investment Partners (VRTS), Sculptor Capital Management (SCU), Brightsphere Investment Group (BSIG), Och-Ziff Capital Management Group (OZM), Pzena Investment Management (PZN), Diamond Hill Investment Group (DHIL), PUYI INC/ADR (PUYI), Value Line (VALU), Fidus Investment (FDUS), Saratoga Investment (SAR), Silvercrest Asset Management Group (SAMG), Monroe Capital (MRCC) and Westwood Holdings Group (WHG). View all competitors.

What other stocks do shareholders of Barings BDC own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Barings BDC investors own include Ring Energy (REI), Ring Energy (REI), Prospect Capital (PSEC), Energy Transfer LP Unit (ET), New Residential Investment (NRZ), AT&T (T), BlackRock TCP Capital (TCPC), AGNC Investment (AGNC), Main Street Capital (MAIN) and Oaktree Specialty Lending (OCSL).

Who are Barings BDC's key executives?

Barings BDC's management team includes the following people:

Mr. Eric J. Lloyd, Pres, Chief Exec. Officer & Interested Director (Age 50)
Mr. Ian Fowler, Pres (Age 54)
Mr. Jonathan Gerald Bock CFA, Chief Financial Officer
Mr. C. Robert Knox Jr., CPA, Controller & Principal Accounting Officer (Age 47)
Mr. Thomas F. Moses CPA, VP & Treasurer

What is Barings BDC's stock symbol?

Barings BDC trades on the New York Stock Exchange (NYSE) under the ticker symbol "BBDC."

Who are Barings BDC's major shareholders?

Barings BDC's stock is owned by a number of retail and institutional investors. Top institutional shareholders include RiverNorth Capital Management LLC (8.23%), UBS Group AG (4.33%), Dimension Capital Management LLC (3.46%), Confluence Investment Management LLC (1.28%), West Family Investments Inc. (1.28%) and Virtus ETF Advisers LLC (1.00%). Company insiders that own Barings BDC stock include Barings Llc, C Robert Jr Knox, Christopher Cary, Eric J Lloyd, Geoff Craddock, Jill Dinerman, John Switzer, Jonathan Bock, Jonathan Landsberg, Michael Freno, Paul John Thompson, Roger W Crandall, Thomas F Finke and Thomas M Finke. View institutional ownership trends for Barings BDC.

Which institutional investors are selling Barings BDC stock?

BBDC stock was sold by a variety of institutional investors in the last quarter, including UBS Group AG, Confluence Investment Management LLC, Virtus ETF Advisers LLC, JPMorgan Chase & Co., Wells Fargo & Company MN, Muzinich & Co. Inc., BlackRock Inc., and TCW Group Inc.. View insider buying and selling activity for Barings BDC.

Which institutional investors are buying Barings BDC stock?

BBDC stock was acquired by a variety of institutional investors in the last quarter, including RiverNorth Capital Management LLC, Dimension Capital Management LLC, Sumitomo Mitsui Trust Holdings Inc., Radcliffe Capital Management L.P., West Family Investments Inc., Clearbridge Investments LLC, Guggenheim Capital LLC, and Dynamic Technology Lab Private Ltd. Company insiders that have bought Barings BDC stock in the last two years include Barings Llc, C Robert Jr Knox, Christopher Cary, Eric J Lloyd, Geoff Craddock, John Switzer, Jonathan Bock, Jonathan Landsberg, Michael Freno, Paul John Thompson, Roger W Crandall, Thomas F Finke, and Thomas M Finke. View insider buying and selling activity for Barings BDC.

How do I buy shares of Barings BDC?

Shares of BBDC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Barings BDC's stock price today?

One share of BBDC stock can currently be purchased for approximately $8.21.

How big of a company is Barings BDC?

Barings BDC has a market capitalization of $393.75 million and generates $75.65 million in revenue each year. The company earns $58.19 million in net income (profit) each year or $0.61 on an earnings per share basis.

What is Barings BDC's official website?

The official website for Barings BDC is www.baringsbdc.com.

How can I contact Barings BDC?

Barings BDC's mailing address is 300 SOUTH TRYON STREET SUITE 2500, CHARLOTTE NC, 28202. The company can be reached via phone at 704-805-7200 or via email at [email protected]

This page was last updated on 6/5/2020 by MarketBeat.com Staff