From what 5 stock analysts predict, the share price for Barings BDC Inc (BBDC) might increase by 5.44% in the next year. This is based on a 12-month average estimation for BBDC. Price targets go from $9.5 to $11. The majority of stock analysts believe BBDC is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
About 5 Wall Street analysts have assigned BBDC 3 buy ratings, 2 hold ratings, and 0 sell ratings. This means that analysts expect Barings BDC Inc to outperform the market. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on BBDC. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of BBDC.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Finian O'Shea Wells Fargo | Equal-Weight | $9.5 | Maintains | Jul 26, 2024 |
Ryan Lynch Keefe, Bruyette & Woods | Market Perform | $10.5 | Maintains | May 23, 2024 |
Finian O'Shea Wells Fargo | Equal-Weight | $8.75 | Maintains | Jan 29, 2024 |
Finian O'Shea Wells Fargo | Equal-Weight | $8.5 | Downgrade | Nov 13, 2023 |
Casey Alexander Compass Point | Buy | $9.5 | Maintains | Aug 16, 2023 |
Timothy O'Shea Wells Fargo | Overweight | $9.25 | Maintains | Aug 11, 2023 |
Ryan Lynch Keefe, Bruyette & Woods | Market Perform | $9 | Maintains | May 8, 2023 |
Timothy O'Shea Wells Fargo | Overweight | $7.75 | Maintains | Apr 18, 2023 |
Timothy O'Shea Wells Fargo | Overweight | $9.75 | Maintains | Feb 27, 2023 |
Robert Dodd Raymond James | Outperform | $11 | Maintains | Nov 21, 2022 |
Ryan Lynch Keefe, Bruyette & Woods | Market Perform | $10 | Downgrade | Nov 14, 2022 |
Finian O'Shea Wells Fargo | Overweight | $10 | Maintains | Nov 14, 2022 |
Finian O'Shea Wells Fargo | Overweight | $9 | Maintains | Oct 24, 2022 |
Robert Dodd Raymond James | Outperform | $11.5 | Downgrade | Aug 11, 2022 |
Finian O'Shea Wells Fargo | Overweight | $12 | Maintains | May 9, 2022 |
Finian O'Shea Wells Fargo | Overweight | $12.5 | Maintains | Apr 25, 2022 |
Robert Dodd Raymond James | Strong Buy | $12.5 | Maintains | Nov 11, 2021 |
Oppenheimer | Outperform | Initiates | Oct 8, 2021 | |
Kyle Joseph Jefferies | Buy | $11 | Upgrade | Jan 21, 2021 |
Ryan Lynch Keefe, Bruyette & Woods | Outperform | $10 | Upgrade | Aug 18, 2020 |
When did it IPO
2018
Staff Count
0
Country
United States
Sector/Industry
Financial Services/Asset Management
CEO
Mr. Eric James Lloyd
Market Cap
$1.04B
In 2023, BBDC generated $139.7M in revenue, which was a increase of 772.71% from the previous year. This can be seen as a signal that BBDC's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - Barings BDC Inc offers a 10% yield and trades at a 9.16% discount to NAV. Despite slight declines in earnings, its solid balance sheet and share buybacks support dividend safety.
Why It Matters - Barings BDC's high yield and discount to NAV attract income-focused investors, while strong fundamentals and liquidity enhance dividend safety amid market fluctuations.
Summary - The Federal Reserve is expected to decrease interest rates by 1% by the end of the year.
Why It Matters - A 1% rate cut by the Federal Reserve can stimulate economic growth, boost consumer spending, and potentially lead to higher equity valuations, impacting investment strategies and market sentiment.
Summary - Barings BDC has a $2.4B portfolio focused on secured debt in middle-market companies (EBITDA $15m-$75m). It features low non-accruals (0.5%) and strong diversification, with top 10 companies at 24%.
Why It Matters - Barings BDC's focus on secured debt and low non-accrual rates suggests stability and reduced risk in its portfolio, appealing to investors seeking defensive, diversified income streams.
Summary - In the second week of November, business development companies (BDCs) remained flat, outperforming other income sectors. Q3 earnings showed a decline in net investment income due to rate cuts and market spreads.
Why It Matters - Flat performance of BDCs amid earnings decline signals stability in income sectors, but rate cuts and market spreads may affect future profitability. Key for income-focused investors.
Summary - BBDC shows significant financial improvement and discount, with no increased risk of a 10.5% dividend cut, suggesting a potential positive outlook for investors.
Why It Matters - The shift in sentiment toward BBDC's financials and the assurance against a significant dividend cut may signal a potential buying opportunity for investors seeking yield.
Summary - Investors in BDCs should monitor leverage, dividend coverage, and portfolio quality. Q3 2024 results showed positive outcomes for high-quality BDCs, despite ongoing risks.
Why It Matters - Elevated volatility and risks in BDCs can impact yields, affecting investment returns. Positive Q3 results suggest resilience, but attention to leverage and portfolio quality remains crucial.