Barings Corporate Investors (the Trust), formerly Babson Capital Corporate Investors, is a closed-end management investment company. The Trust's investment objective is to maintain a portfolio of securities providing a fixed yield and at the same time offering an opportunity for capital gains. The Trust's principal investments are privately placed, below-investment grade, long-term debt obligations. These placement securities may include equity features, such as warrants, conversion rights or other equity features and preferred stocks. In addition, the Trust may invest in marketable investment grade debt securities, other marketable debt securities (including high yield securities) and marketable common stocks. Its portfolio includes public debt, public bank loans, cash and short-term investments, private/restricted equity, public equity and private debt. Barings LLC is the Trust's investment advisor.
Industry, Sector and Symbol:
- Sector: Finance
- Industry: Closed-End Fund - Debt
- Sub-Industry: N/A
- Symbol: NYSE:MCI
- CUSIP: N/A
- Web: N/A
Capitalization:- Market Cap: $300.43 million
- Outstanding Shares: 28,054,000
Average Prices:- 50 Day Moving Avg: $15.20
- 200 Day Moving Avg: $15.25
- 52 Week Range: $14.52 - $19.76
P/E:- Trailing P/E Ratio: N/A
- P/E Growth: 0.00
Dividend:- Annual Dividend: $1.20
- Dividend Yield: 7.9%
Misc:- Average Volume: 19,433 shs.
- Beta: 0.32
Frequently Asked Questions for Barings Corporate Investors (NYSE:MCI)
What is Barings Corporate Investors' stock symbol?
Barings Corporate Investors trades on the New York Stock Exchange (NYSE) under the ticker symbol "MCI."
How often does Barings Corporate Investors pay dividends? What is the dividend yield for Barings Corporate Investors?
Barings Corporate Investors declared a quarterly dividend on Monday, April 24th. Investors of record on Friday, April 28th will be given a dividend of $0.30 per share on Friday, May 12th. This represents a $1.20 annualized dividend and a yield of 7.98%. The ex-dividend date is Wednesday, April 26th. View Barings Corporate Investors' Dividend History.
Who are some of Barings Corporate Investors' key competitors?
Some companies that are related to Barings Corporate Investors include Anworth Mortgage Asset Corporation (ANH), Fidelity Southern Corporation (LION), Greenhill & Co. (GHL), EMC Insurance Group (EMCI), Peoples Bancorp (PEBO), First Financial Corporation Indiana (THFF), National Bank of Greece (NBG), Horizon Bancorp (IN) (HBNC), Pacific Continental Corporation (Ore) (PCBK), Fifth Street Finance Corp. (FSC), BlackRock Capital Investment Corporation (BKCC), Gladstone Commercial Corporation (GOOD), First Foundation (FFWM), Republic First Bancorp (FRBK), First Defiance Financial Corp. (FDEF), NexPoint Residential Trust (NXRT), Access National Corporation (ANCX) and Green Brick Partners (GRBK).
How do I buy Barings Corporate Investors stock?
Shares of Barings Corporate Investors can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Barings Corporate Investors' stock price today?
One share of Barings Corporate Investors stock can currently be purchased for approximately $15.03.
MarketBeat Community Rating for Barings Corporate Investors (NYSE MCI)MarketBeat's community ratings are surveys of what our community members think about Barings Corporate Investors and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Consensus Ratings for Barings Corporate Investors (NYSE:MCI) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | No ratings tracked in the last 12 months. |
| Consensus Rating: | N/A (Score: NaN) |
| Consensus Price Target: | N/A |
Analysts' Ratings History for Barings Corporate Investors (NYSE:MCI)
Show:
No equities research coverage for this company has been tracked by MarketBeat.com
Earnings History for Barings Corporate Investors (NYSE:MCI)
No earnings announcements for this company have been tracked by MarketBeat.com
Earnings Estimates for Barings Corporate Investors (NYSE:MCI)No earnings estimates for this company have been tracked by MarketBeat.com
Current Dividend Information for Barings Corporate Investors (NYSE:MCI)| Most Recent Dividend: | 5/12/2017 |
| Annual Dividend: | $1.20 |
| Dividend Yield: | 7.98% |
| Dividend Growth: | 0.00% (3 Year Average) |
| Payout Ratio: | |
Dividend History by Quarter for Barings Corporate Investors (NYSE MCI)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 4/24/2017 | Quarterly | $0.30 | 7.71% | 4/26/2017 | 4/28/2017 | 5/12/2017 |
| 12/19/2016 | quarterly | $0.30 | 8.05% | 12/28/2016 | 12/30/2016 | 1/13/2017 |
| 10/31/2016 | Quarterly | $0.30 | | 11/3/2016 | 11/7/2016 | 11/18/2016 |
| 7/21/2016 | Quarterly | $0.30 | | 7/28/2016 | 8/1/2016 | 8/12/2016 |
| 4/22/2016 | Quarterly | $0.30 | | 4/28/2016 | 5/2/2016 | 5/13/2016 |
| 12/14/2015 | Quarterly | $0.30 | | 12/29/2015 | 12/31/2015 | 1/15/2016 |
| 10/23/2015 | Quarterly | $0.30 | | 10/29/2015 | 11/2/2015 | 11/13/2015 |
| 4/21/2015 | quarterly | $0.30 | 7.58% | 4/29/2015 | 5/1/2015 | 5/15/2015 |
| 12/16/2014 | quarterly | $0.30 | 7.67% | 12/29/2014 | 12/31/2014 | 1/16/2015 |
| 10/28/2014 | quarterly | $0.30 | 7.74% | 10/30/2014 | 11/3/2014 | 11/14/2014 |
| 7/28/2014 | quarterly | $0.30 | 7.65% | 7/30/2014 | 8/1/2014 | 8/15/2014 |
| 4/21/2014 | quarterly | $0.30 | 7.97% | 4/24/2014 | 4/28/2014 | 5/9/2014 |
(Data available from 1/1/2013 forward)
Insider Trading and Institutional Ownership History for Barings Corporate Investors (NYSE:MCI)Insider Ownership Percentage: 1.00%
Institutional Ownership Percentage: 10.03%
Insider Trades by Quarter for Barings Corporate Investors (NYSE:MCI)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 6/8/2017 | Robert David Erwin | Insider | Sell | 2,593 | $15.14 | $39,258.02 |  |
| 6/6/2017 | Robert David Erwin | Insider | Sell | 3,000 | $15.17 | $45,510.00 | |
| 6/2/2017 | Robert David Erwin | Insider | Sell | 1,000 | $15.16 | $15,160.00 | |
| 5/30/2017 | Robert David Erwin | Insider | Sell | 50 | $15.15 | $757.50 | |
| 2/16/2017 | Roger W Crandall | Insider | Buy | 3,000 | $14.62 | $43,860.00 | |
| 2/14/2017 | Roger W Crandall | Insider | Buy | 3,000 | $14.62 | $43,860.00 | |
| 2/13/2017 | Michael Harlan Brown | Insider | Buy | 2,000 | $14.70 | $29,400.00 | |
| 2/10/2017 | Clifford M Noreen | Chairman | Buy | 10,000 | $14.65 | $146,500.00 | |
| 2/10/2017 | Edward P Grace III | Insider | Buy | 100 | $14.60 | $1,460.00 | |
| 2/2/2017 | Clifford M Noreen | Insider | Buy | 10,000 | $14.79 | $147,900.00 | |
| 1/27/2017 | Edward P Grace III | Insider | Buy | 3,500 | $14.68 | $51,380.00 | |
| 3/15/2016 | William J Barrett | Insider | Sell | 1,652 | $17.54 | $28,976.08 | |
| 1/14/2016 | William J Barrett | Insider | Sell | 3,540 | $17.40 | $61,596.00 | |
| 1/12/2016 | William J Barrett | Insider | Sell | 450 | $17.40 | $7,830.00 | |
| 12/30/2015 | William J Barrett | Insider | Sell | 2,023 | $17.60 | $35,604.80 | |
| 12/29/2015 | William J Barrett | Insider | Sell | 325 | $17.60 | $5,720.00 | |
| 12/28/2015 | William J. Barrett | insider | Sell | 4,018 | $17.56 | $70,556.08 | |
| 12/24/2015 | William J. Barrett | insider | Sell | 6,974 | $17.50 | $122,045.00 | |
| 12/23/2015 | William J. Barrett | insider | Sell | 655 | $17.47 | $11,442.85 | |
| 12/21/2015 | William J Barrett | Insider | Sell | 5,000 | $17.25 | $86,250.00 | |
| 12/18/2015 | William J Barrett | Insider | Sell | 526 | $17.21 | $9,052.46 | |
| 12/2/2015 | William J Barrett | Insider | Sell | 3,574 | $17.20 | $61,472.80 | |
| 11/23/2015 | Edward P. Grace III | insider | Sell | 1,000 | $17.31 | $17,310.00 | |
| 11/18/2015 | Edward P Grace III | Insider | Sell | 2,500 | $17.74 | $44,350.00 | |
| 6/11/2015 | Thomas F Finke | Insider | Sell | 2,000 | $16.00 | $32,000.00 | |
| 3/3/2015 | Barbara Ginader | Insider | Buy | 1,614 | $16.10 | $25,985.40 | |
| 11/18/2014 | Gorden Glenn | Director | Buy | 1,500 | $0.30 | $450.00 | |
| 11/7/2014 | Gorden Glenn | Director | Buy | 3,000 | $0.30 | $900.00 | |
| 5/28/2014 | Barbara Ginader | Insider | Buy | 2,000 | $15.34 | $30,680.00 | |
| 4/30/2014 | Barbara Ginader | Insider | Buy | 2,000 | $15.27 | $30,540.00 | |
| 4/21/2014 | Michael Harlan Brown | Insider | Buy | 1,000 | $15.05 | $15,050.00 | |
| 1/2/2013 | Michael Harlan Brown | Insider | Buy | 1,000 | $15.56 | $15,560.00 | |
(Data available from 1/1/2013 forward)
Headline Trends for Barings Corporate Investors (NYSE:MCI)
Latest Headlines for Barings Corporate Investors (NYSE:MCI)
| Source: |
|
Barings Corporate Investors (MCI) Chart for Saturday, June, 24, 2017
