Barings BDC Inc

Barings BDC Inc Stock Forecast & Price Prediction

Live Barings BDC Inc Stock (BBDC) Price
$9.84

5

Ratings

  • Buy 3
  • Hold 2
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$9.84

P/E Ratio

8.95

Volume Traded Today

$685,608

Dividend

$0.26

52 Week High/low

10.38/8.55

Barings BDC Inc Market Cap

$1.04B

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BBDC Summary

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.

BBDC Analyst Ratings

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.

BBDC stock forecast by analyst

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

BBDC Company Information

What They Do: Invests in private middle-market companies.

Business Model: The company operates as a business development company, primarily investing in various forms of debt and equity in private middle-market firms. It generates revenue through interest income from the loans it provides and capital gains from equity investments in portfolio companies.

Other Information: Barings BDC focuses on sectors such as manufacturing, technology, and consumer services, targeting companies with EBITDA between $10 million and $75 million. Its investment strategy includes mezzanine financing and management buyouts, emphasizing partnerships with private equity sponsors.

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

Barings BDC Inc (BBDC) Financial Data

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

$17.2M

Revenue From 2021

$86.8M

405.76 %
From Previous Year

Revenue From 2022

$16.0M

-81.56 %
From Previous Year

Revenue From 2023

$139.7M

772.71 %
From Previous Year
  • Revenue TTM $291.4M
  • Operating Margin TTM 75.9%
  • Gross profit TTM $0
  • Return on assets TTM 5.3%
  • Return on equity TTM 9.6%
  • Profit Margin 39.6%
  • Book Value Per Share 11.32%
  • Market capitalisation $1.04B
  • Revenue for 2021 $86.8M
  • Revenue for 2022 $16.0M
  • Revenue for 2023 $139.7M
  • EPS this year (TTM) $1.10

Barings BDC Inc (BBDC) Latest News

News Image

Tue, 03 Dec 2024

Sentiment - POSITIVE

Source - Seeking Alpha

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.

News Image

Fri, 29 Nov 2024

Sentiment - POSITIVE

Source - 24/7 Wall Street

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.

News Image

Thu, 28 Nov 2024

Sentiment - POSITIVE

Source - Seeking Alpha

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.

News Image

Sat, 30 Nov 2024

Sentiment - NEUTRAL

Source - Seeking Alpha

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.

News Image

Tue, 19 Nov 2024

Sentiment - NEUTRAL

Source - Seeking Alpha

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.

News Image

Wed, 20 Nov 2024

Sentiment - NEUTRAL

Source - Seeking Alpha

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.

...

BBDC Frequently asked questions

The highest forecasted price for BBDC is $11 from Kyle Joseph at Jefferies.

The lowest forecasted price for BBDC is $9.5 from Casey Alexander from Compass Point

The BBDC analyst ratings consensus are 3 buy ratings, 2 hold ratings, and 0 sell ratings.