Barings Bdc (NYSE:BBDC) Announces Earnings Results

Barings Bdc (NYSE:BBDC) posted its earnings results on Thursday. The company reported $0.25 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.25, Zacks reports. The firm had revenue of $54.66 million during the quarter, compared to analyst estimates of $62.54 million. Barings Bdc had a net margin of 32.45% and a return on equity of 10.05%. During the same period in the previous year, the business posted $0.25 EPS.

Here are the key takeaways from Barings Bdc’s conference call:

• Three Class II directors were reelected: Stephen Byers, Valerie Lancaster-Beal, and John A. Switzer were each reelected to three-year terms, maintaining board continuity.
• A quorum was present with 51.69% of outstanding shares represented (54,133,359 of 104,706,884), allowing the meeting and votes to proceed.
• The company confirmed distribution of its 2025 Annual Report (financial statements audited by KPMG) to stockholders and made it available on the company website.
• The Inspector of Election’s results will be filed with the meeting records and the company expects to report the voting results on a Form 8-K within four business days.

Barings Bdc Trading Down 0.2%

Shares of BBDC stock traded down $0.02 during trading hours on Friday, reaching $8.89. 1,433,147 shares of the stock traded hands, compared to its average volume of 680,304. Barings Bdc has a 1-year low of $7.96 and a 1-year high of $9.92. The business has a fifty day moving average price of $8.51 and a 200 day moving average price of $8.83. The company has a quick ratio of 0.10, a current ratio of 0.10 and a debt-to-equity ratio of 0.20. The firm has a market capitalization of $930.35 million, a PE ratio of 10.45 and a beta of 0.61.

Barings Bdc Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, June 10th. Stockholders of record on Wednesday, June 3rd will be issued a dividend of $0.26 per share. The ex-dividend date is Wednesday, June 3rd. This represents a $1.04 dividend on an annualized basis and a dividend yield of 11.7%. Barings Bdc’s payout ratio is currently 122.35%.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on BBDC shares. Weiss Ratings raised shares of Barings Bdc from a “hold (c)” rating to a “hold (c+)” rating in a research note on Wednesday, April 22nd. Lucid Cap Mkts raised shares of Barings Bdc to a “hold” rating in a research note on Tuesday, April 28th. Two research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat, Barings Bdc presently has an average rating of “Hold” and an average price target of $9.67.

Institutional Investors Weigh In On Barings Bdc

Large investors have recently made changes to their positions in the company. BNP Paribas Financial Markets acquired a new stake in shares of Barings Bdc during the third quarter valued at approximately $44,000. Aquatic Capital Management LLC acquired a new stake in shares of Barings Bdc during the third quarter valued at approximately $64,000. Goldman Sachs Group Inc. acquired a new stake in shares of Barings Bdc during the first quarter valued at approximately $106,000. PharVision Advisers LLC acquired a new stake in shares of Barings Bdc during the third quarter valued at approximately $105,000. Finally, Cerity Partners LLC acquired a new stake in shares of Barings Bdc during the fourth quarter valued at approximately $114,000. Institutional investors and hedge funds own 44.09% of the company’s stock.

About Barings Bdc

Barings BDC Inc (NYSE: BBDC) is a closed-end, externally managed business development company that provides flexible financing solutions to middle-market companies. As an investment vehicle organized under the Investment Company Act of 1940, BBDC seeks to generate both current income and capital appreciation by investing primarily in senior secured loans, second lien loans, mezzanine debt and equity co-investments. The company targets established businesses across a diverse range of industries, including healthcare, industrials, consumer products and business services.

The company is sponsored and managed by Barings LLC, a global investment manager and subsidiary of Massachusetts Mutual Life Insurance Company (MassMutual).