Barings BDC (BBDC) Set to Announce Earnings on Wednesday

Barings BDC (NYSE:BBDC - Get Free Report) is scheduled to release its earnings data after the market closes on Wednesday, November 6th. Analysts expect Barings BDC to post earnings of $0.30 per share for the quarter. Persons interested in listening to the company's earnings conference call can do so using this link.

Barings BDC (NYSE:BBDC - Get Free Report) last released its quarterly earnings data on Wednesday, August 7th. The company reported $0.40 EPS for the quarter, beating the consensus estimate of $0.30 by $0.10. Barings BDC had a net margin of 38.32% and a return on equity of 11.49%. The business had revenue of $74.89 million during the quarter, compared to analyst estimates of $70.75 million. During the same quarter last year, the business earned $0.31 earnings per share. On average, analysts expect Barings BDC to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Barings BDC Trading Up 0.3 %

Shares of BBDC stock traded up $0.03 during trading hours on Wednesday, reaching $9.78. 66,861 shares of the stock were exchanged, compared to its average volume of 424,514. The company has a current ratio of 0.12, a quick ratio of 0.12 and a debt-to-equity ratio of 0.29. The firm has a market capitalization of $1.03 billion, a price-to-earnings ratio of 8.02 and a beta of 0.67. Barings BDC has a 12-month low of $8.55 and a 12-month high of $10.27. The company's 50-day moving average price is $9.85 and its 200-day moving average price is $9.79.

Barings BDC Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, September 11th. Investors of record on Wednesday, September 4th were paid a $0.26 dividend. This represents a $1.04 dividend on an annualized basis and a yield of 10.63%. The ex-dividend date was Wednesday, September 4th. Barings BDC's dividend payout ratio (DPR) is presently 84.55%.

Analysts Set New Price Targets

Separately, Wells Fargo & Company upped their target price on Barings BDC from $9.00 to $9.50 and gave the company an "equal weight" rating in a research report on Friday, July 26th.

Barings BDC Company Profile

Barings BDC, Inc is a publicly traded, externally managed investment company that has elected to be treated as a business development company under the Investment Company Act of 1940. It seeks to invest primarily in senior secured loans, first lien debt, unitranche, second lien debt, subordinated debt, equity co-investments and senior secured private debt investments in private middle-market companies that operate across a wide range of industries.