Barings BDC, Inc. (NYSE: BBDC) 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. Barings BDC seeks to invest primarily in senior secured loans to private U.S. middle-market companies that operate across a wide range of industries. It specializes in mezzanine, leveraged buyouts, management buyouts, ESOPs, change of control transactions, acquisition financings, growth financing, and recapitalizations in lower middle market, mature, and later stage companies. Barings BDC's investment activities are managed by its investment adviser, Barings LLC, a leading global asset manager based in Charlotte, NC with over $335 billion of AUM firm-wide. For more information, visit www.baringsbdc.com.
IPO Year:
Exchange: NYSE
Website: baringsbdc.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 11/13/2023 | $9.00 → $8.50 | Overweight → Equal Weight | Wells Fargo |
| 2/24/2023 | $10.00 → $9.00 | Outperform → Perform | Oppenheimer |
| 11/14/2022 | $10.50 → $10.00 | Outperform → Mkt Perform | Keefe Bruyette |
| 8/11/2022 | $12.50 → $11.50 | Strong Buy → Outperform | Raymond James |
| 11/11/2021 | $12.00 → $12.50 | Strong Buy | Raymond James |
| 10/8/2021 | $12.00 | Outperform | Oppenheimer |
| 6/25/2021 | $11.25 | Underperform → Buy | BofA Securities |
CHARLOTTE, N.C., Feb. 25, 2022 /PRNewswire/ -- Barings BDC, Inc. (NYSE:BBDC) ("Barings BDC") announced today the closing of the previously announced merger with Sierra Income Corporation ("Sierra"). The combined company, which will remain externally managed by Barings LLC, is expected to have more than $2.7 billion of assets under management on a pro forma basis. As a result of the merger, Sierra shareholders will receive the following in exchange for each share of Sierra common stock held at the effective time of the merger: (i) 0.44973 of a share of Barings BDC common stock
CHARLOTTE, N.C., Dec. 23, 2020 /PRNewswire/ -- Barings BDC, Inc. (NYSE: BBDC) ("Barings BDC") announced today the closing of the previously announced merger with MVC Capital, Inc. ("MVC Capital"). The combined company, which will remain externally managed by Barings LLC, is expected to have more than $1.5 billion of assets under management on a pro forma basis. As a result of the merger, MVC Capital shareholders will receive the following in exchange for each share of MVC common stock held at the effective time of the merger: (i) 0.9790836 of a share of Barings BDC common stock (which gives effect to the Euro-dollar exchange rate adjustment mechanism in the merger agreement), and (ii) ap
4 - Barings BDC, Inc. (0001379785) (Issuer)
4 - Barings BDC, Inc. (0001379785) (Issuer)
4 - Barings BDC, Inc. (0001379785) (Issuer)
SC 13G - Barings BDC, Inc. (0001379785) (Subject)
SC 13G/A - Barings BDC, Inc. (0001379785) (Subject)
4 - Barings BDC, Inc. (0001379785) (Issuer)
3 - Barings BDC, Inc. (0001379785) (Issuer)
4 - Barings BDC, Inc. (0001379785) (Issuer)
3 - Barings BDC, Inc. (0001379785) (Issuer)
4 - Barings BDC, Inc. (0001379785) (Issuer)
3 - Barings BDC, Inc. (0001379785) (Issuer)
4 - Barings BDC, Inc. (0001379785) (Issuer)
3 - Barings BDC, Inc. (0001379785) (Issuer)
4 - Barings BDC, Inc. (0001379785) (Issuer)
4/A - Barings BDC, Inc. (0001379785) (Issuer)
8-K - Barings BDC, Inc. (0001379785) (Filer)
10-Q - Barings BDC, Inc. (0001379785) (Filer)
8-K - Barings BDC, Inc. (0001379785) (Filer)
N-2ASR - Barings BDC, Inc. (0001379785) (Filer)
8-K/A - Barings BDC, Inc. (0001379785) (Filer)
40-17G - Barings BDC, Inc. (0001379785) (Filer)
10-Q - Barings BDC, Inc. (0001379785) (Filer)
8-K - Barings BDC, Inc. (0001379785) (Filer)
8-K - Barings BDC, Inc. (0001379785) (Filer)
DEFA14A - Barings BDC, Inc. (0001379785) (Filer)
Barings BDC, Inc. (NYSE:BBDC) ("Barings BDC" or the "Company") today reported its financial and operating results for the third quarter of 2024 and announced that the Company's Board of Directors (the "Board") declared a quarterly cash dividend of $0.26 per share. Highlights Income Statement Three Months Ended September 30, 2024 Three Months Ended June 30, 2024 (dollars in millions, except per share data) Total Amount Per Share(1) Total Amount Per Share(2) Net investment income $ 30.2 $ 0.29 $ 42.1 $ 0.40 Net realized gains (losses) $ (10.9 ) $ (0.10 ) $ 8.1 $ 0.08 N
Barings BDC, Inc. (NYSE:BBDC) ("Barings BDC" or the "Company") announced today that it will report its financial results for the third quarter ended September 30, 2024 on Wednesday, November 6, 2024, after the market closes. Barings BDC, Inc. has scheduled a conference call to discuss its third quarter 2024 financial results for Thursday, November 7, 2024, at 9:00 a.m. ET. To listen to the call, please dial 800-715-9871 or 646-307-1963 approximately 10 minutes prior to the start of the call. A taped replay will be made available approximately two hours after the conclusion of the call and will remain available until November 14, 2024. To access the replay, please dial 877-660-6853 or 201-6
Barings BDC, Inc. (NYSE:BBDC) ("Barings BDC" or the "Company") today reported its financial and operating results for the second quarter of 2024 and announced that the Company's Board of Directors (the "Board") declared a quarterly cash dividend of $0.26 per share. Highlights Income Statement Three Months Ended June 30, 2024 Three Months Ended March 31, 2024 (dollars in millions, except per share data) Total Amount Per Share(1) Total Amount Per Share(2) Net investment income $42.1 $0.40 $29.4 $0.28 Net realized gains (losses) $8.1 $0.08 $(21.5) $(0.20) Net unreal
Barings BDC, Inc. (NYSE:BBDC) ("Barings BDC" or the "Company") announced today that it will report its financial results for the second quarter ended June 30, 2024 on Wednesday, August 7, 2024, after the market closes. Barings BDC, Inc. has scheduled a conference call to discuss its second quarter 2024 financial results for Thursday, August 8, 2024, at 9:00 a.m. ET. To listen to the call, please dial 888-428-7458 or 862-298-0702 approximately 10 minutes prior to the start of the call. A taped replay will be made available approximately two hours after the conclusion of the call and will remain available until August 15, 2024. To access the replay, please dial 877-660-6853 or 201-612-7415
Barings BDC, Inc. (NYSE:BBDC) ("Barings BDC" or the "Company") today reported its financial and operating results for the first quarter of 2024 and announced that the Company's Board of Directors (the "Board") declared a quarterly cash dividend of $0.26 per share. Highlights Income Statement Three Months Ended March 31, 2024 Three Months Ended December 31, 2023 (dollars in millions, except per share data) Total Amount Per Share(1) Total Amount Per Share(2) Net investment income $29.4 $0.28 $33.4 $0.31 Net realized gains (losses) $(21.5) $(0.20) $12.8 $0.12
Barings BDC, Inc. (NYSE:BBDC) ("Barings BDC" or the "Company") announced today that it will report its financial results for the first quarter ended March 31, 2024 on Tuesday, May 7, 2024, after the market closes. Barings BDC, Inc. has scheduled a conference call to discuss its first quarter 2024 financial results for Wednesday, May 8, 2024, at 9:00 a.m. ET. To listen to the call, please dial 877-407-8831 or 201-493-6736 approximately 10 minutes prior to the start of the call. A taped replay will be made available approximately two hours after the conclusion of the call and will remain available until May 15, 2024. To access the replay, please dial 877-660-6853 or 201-612-7415 and enter c
Barings BDC, Inc. (NYSE:BBDC) ("Barings BDC" or the "Company") today reported its financial and operating results for the fourth quarter and full year of 2023 and announced that the Company's Board of Directors (the "Board") declared a quarterly cash dividend of $0.26 per share. Highlights Income Statement Three Months Ended December 31, 2023 Three Months Ended September 30, 2023 Full Year Ended December 31, 2023 (dollars in millions, except per share data) Total Amount Per Share(1) Total Amount Per Share(2) Total Amount Per Share(3) Net investment income $33.4 $0.31
Barings BDC, Inc. (NYSE:BBDC) ("Barings BDC") announced today that it has priced an underwritten public offering of $300 million in aggregate principal amount of 7.000% notes due 2029 (the "Notes"). The Notes will bear interest at a rate of 7.000% per year, payable semiannually, will mature on February 15, 2029 and may be redeemed in whole or in part at Barings BDC's option at any time at par plus a "make-whole" premium, if applicable. The offering is expected to close on February 12, 2024, subject to the satisfaction of customary closing conditions. Barings BDC intends to initially use the net proceeds from this offering to repay indebtedness under the senior secured credit facility with
Barings BDC, Inc. (NYSE:BBDC) ("Barings BDC" or the "Company") today reported preliminary financial and operating results for the fourth quarter of 2023. Preliminary Financial and Operating Results - Three Months Ended December 31, 2023 Per share highlights Three Months Ended December 31, 2023 Estimated range of net investment income (1) $0.30 - $0.32 Estimated range of net increase in net assets resulting from operations (1) $0.25 - $0.29 Estimated range of net asset value as of December 31, 2023 $11.25 - $11.29 (1) Based on weighted average shares outstanding during the period. Recent Portfolio Activity During the
Barings BDC, Inc. (NYSE:BBDC) ("Barings BDC" or the "Company") announced today that it will report its financial results for the fourth quarter and fiscal year ended December 31, 2023 on Thursday, February 22, 2024, after the market closes. Barings BDC, Inc. has scheduled a conference call to discuss its fourth quarter and fiscal year ended December 31, 2023 financial results for Friday, February 23, 2024, at 9:00 a.m. ET. To listen to the call, please dial 877-407-8831 or 201-493-6736 approximately 10 minutes prior to the start of the call. A taped replay will be made available approximately two hours after the conclusion of the call and will remain available until March 1, 2024. To acce
Barings BDC, Inc. (NYSE:BBDC) ("Barings BDC" or the "Company") today reported its financial and operating results for the third quarter of 2024 and announced that the Company's Board of Directors (the "Board") declared a quarterly cash dividend of $0.26 per share. Highlights Income Statement Three Months Ended September 30, 2024 Three Months Ended June 30, 2024 (dollars in millions, except per share data) Total Amount Per Share(1) Total Amount Per Share(2) Net investment income $ 30.2 $ 0.29 $ 42.1 $ 0.40 Net realized gains (losses) $ (10.9 ) $ (0.10 ) $ 8.1 $ 0.08 N
Barings BDC, Inc. (NYSE:BBDC) ("Barings BDC" or the "Company") announced today that it will report its financial results for the third quarter ended September 30, 2024 on Wednesday, November 6, 2024, after the market closes. Barings BDC, Inc. has scheduled a conference call to discuss its third quarter 2024 financial results for Thursday, November 7, 2024, at 9:00 a.m. ET. To listen to the call, please dial 800-715-9871 or 646-307-1963 approximately 10 minutes prior to the start of the call. A taped replay will be made available approximately two hours after the conclusion of the call and will remain available until November 14, 2024. To access the replay, please dial 877-660-6853 or 201-6
Barings BDC, Inc. (NYSE:BBDC) ("Barings BDC" or the "Company") today reported its financial and operating results for the second quarter of 2024 and announced that the Company's Board of Directors (the "Board") declared a quarterly cash dividend of $0.26 per share. Highlights Income Statement Three Months Ended June 30, 2024 Three Months Ended March 31, 2024 (dollars in millions, except per share data) Total Amount Per Share(1) Total Amount Per Share(2) Net investment income $42.1 $0.40 $29.4 $0.28 Net realized gains (losses) $8.1 $0.08 $(21.5) $(0.20) Net unreal
Barings BDC, Inc. (NYSE:BBDC) ("Barings BDC" or the "Company") announced today that it will report its financial results for the second quarter ended June 30, 2024 on Wednesday, August 7, 2024, after the market closes. Barings BDC, Inc. has scheduled a conference call to discuss its second quarter 2024 financial results for Thursday, August 8, 2024, at 9:00 a.m. ET. To listen to the call, please dial 888-428-7458 or 862-298-0702 approximately 10 minutes prior to the start of the call. A taped replay will be made available approximately two hours after the conclusion of the call and will remain available until August 15, 2024. To access the replay, please dial 877-660-6853 or 201-612-7415
Barings BDC, Inc. (NYSE:BBDC) ("Barings BDC" or the "Company") announced today that it will report its financial results for the first quarter ended March 31, 2024 on Tuesday, May 7, 2024, after the market closes. Barings BDC, Inc. has scheduled a conference call to discuss its first quarter 2024 financial results for Wednesday, May 8, 2024, at 9:00 a.m. ET. To listen to the call, please dial 877-407-8831 or 201-493-6736 approximately 10 minutes prior to the start of the call. A taped replay will be made available approximately two hours after the conclusion of the call and will remain available until May 15, 2024. To access the replay, please dial 877-660-6853 or 201-612-7415 and enter c
Barings BDC, Inc. (NYSE:BBDC) ("Barings BDC" or the "Company") today reported preliminary financial and operating results for the fourth quarter of 2023. Preliminary Financial and Operating Results - Three Months Ended December 31, 2023 Per share highlights Three Months Ended December 31, 2023 Estimated range of net investment income (1) $0.30 - $0.32 Estimated range of net increase in net assets resulting from operations (1) $0.25 - $0.29 Estimated range of net asset value as of December 31, 2023 $11.25 - $11.29 (1) Based on weighted average shares outstanding during the period. Recent Portfolio Activity During the
Barings BDC, Inc. (NYSE:BBDC) ("Barings BDC" or the "Company") announced today that it will report its financial results for the fourth quarter and fiscal year ended December 31, 2023 on Thursday, February 22, 2024, after the market closes. Barings BDC, Inc. has scheduled a conference call to discuss its fourth quarter and fiscal year ended December 31, 2023 financial results for Friday, February 23, 2024, at 9:00 a.m. ET. To listen to the call, please dial 877-407-8831 or 201-493-6736 approximately 10 minutes prior to the start of the call. A taped replay will be made available approximately two hours after the conclusion of the call and will remain available until March 1, 2024. To acce
NEW YORK, Dec. 08, 2023 (GLOBE NEWSWIRE) -- Keefe, Bruyette & Woods, Inc., a leading specialist investment bank to the financial services and fintech sectors, and a wholly owned subsidiary of Stifel Financial Corp. (NYSE:SF), announces the upcoming index rebalancing for the fourth quarter of 2023. This quarter, there are constituent changes within four of our indexes: the KBW Nasdaq Financial Sector Dividend Yield Index (Index Ticker: KDX, ETF Ticker: KBWD), KBW Nasdaq Financial Technology Index (Index Ticker: KFTX, ETF Ticker: FTEK.LN), KBW Nasdaq Global Bank Index (Index Ticker: GBKX), and KBW Nasdaq Premium Yield Equity REIT Index (Index Ticker: KYX, ETF Ticker: KBWY). There are a num
Barings BDC, Inc. (NYSE:BBDC) ("Barings BDC" or the "Company") today reported its financial and operating results for the third quarter of 2023 and announced that the Company's Board of Directors (the "Board") declared a quarterly cash dividend of $0.26 per share. Highlights Income Statement Three Months Ended September 30, 2023 Three Months Ended June 30, 2023 (dollars in millions, except per share data) Total Amount Per Share(1) Total Amount Per Share(2) Net investment income $33.3 $0.31 $33.6 $0.31 Net realized losses $(17.3 ) $(0.16 ) $(
Barings BDC, Inc. (NYSE:BBDC) ("Barings BDC" or the "Company") announced today that it will report its financial results for the quarter ended September 30, 2023 on Thursday, November 9, 2023, after the market closes. Barings BDC, Inc. has scheduled a conference call to discuss third quarter 2023 financial results for Friday, November 10, 2023, at 9:00 a.m. ET. To listen to the call, please dial 877-407-8831 or 201-493-6736 approximately 10 minutes prior to the start of the call. A taped replay will be made available approximately two hours after the conclusion of the call and will remain available until November 17, 2023. To access the replay, please dial 877-660-6853 or 201-612-7415 and
Wells Fargo downgraded Barings BDC from Overweight to Equal Weight and set a new price target of $8.50 from $9.00 previously
Oppenheimer downgraded Barings BDC from Outperform to Perform and set a new price target of $9.00 from $10.00 previously
Keefe Bruyette downgraded Barings BDC from Outperform to Mkt Perform and set a new price target of $10.00 from $10.50 previously
Raymond James downgraded Barings BDC from Strong Buy to Outperform and set a new price target of $11.50 from $12.50 previously
Raymond James reiterated coverage of Barings BDC with a rating of Strong Buy and set a new price target of $12.50 from $12.00 previously
Oppenheimer initiated coverage of Barings BDC with a rating of Outperform and set a new price target of $12.00
BofA Securities upgraded Barings BDC from Underperform to Buy and set a new price target of $11.25
Jefferies upgraded Barings BDC from Hold to Buy and set a new price target of $11
Keefe, Bruyette & Woods analyst Ryan Lynch maintains Barings BDC (NYSE:BBDC) with a Market Perform and raises the price target from $10 to $10.5.
Barings BDC (NYSE:BBDC) reported quarterly earnings of $0.28 per share which missed the analyst consensus estimate of $0.30 by 6.67 percent. This is a 12 percent increase over earnings of $0.25 per share from the same period last year. The company reported quarterly sales of $69.807 million which missed the analyst consensus estimate of $73.517 million by 5.05 percent. This is a 3.87 percent increase over sales of $67.204 million the same period last year.
As the day concludes, Barings BDC (NYSE:BBDC) is preparing to distribute a dividend payout of $0.26 per share, resulting in an annualized dividend yield of 11.43%. This payout is exclusive to investors who held the stock before the ex-dividend date on March 05, 2024. Barings BDC Recent Dividend Payouts table { width: 100%; border-collapse: collapse; font-family: Arial, sans-serif; font-size: 14px; } th, td { padding: 8px; text-align: left; } th { background-color: #293a5a; color: #fff; text-align: left; } tr:nth-child(even) {
Monday marks the last chance for investors to receive the next dividend payout from Barings BDC (NYSE:BBDC). What's Happening The company announced on Thursday that it would pay shareholders a quarterly dividend of 26 cents per share. On Tuesday, Barings BDC will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 26 cents lower than it would have opened on any other day. In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Tuesday. Shareholders who own BBDC as of the end of Monday's session are eligible to receive the 26 cents dividend payout fo
Barings BDC (NYSE:BBDC) reported quarterly earnings of $0.31 per share which beat the analyst consensus estimate of $0.30 by 3.33 percent. This is a 8.82 percent decrease over earnings of $0.34 per share from the same period last year. The company reported quarterly sales of $75.85 million which beat the analyst consensus estimate of $72.04 million by 5.29 percent. This is a 19.50 percent increase over sales of $63.47 million the same period last year.
Under the program, the Company may repurchase, during the 12-month period commencing on March 1, 2024, up to $30.0 million in the aggregate of its outstanding common stock in the open market at prices below the then-current NAV per share.
Barings BDC (NYSE:BBDC) reported its Q4 earnings results on Thursday, February 22, 2024 at 04:15 PM. Here's what investors need to know about the announcement. Earnings Barings BDC beat estimated earnings by 3.33%, reporting an EPS of $0.31 versus an estimate of $0.3. Revenue was up $12.38 million from the same period last year. Past Earnings Performance Last quarter the company missed on EPS by $0.01 which was followed by a 4.79% drop in the share price the next day. Here's a look at Barings BDC's past performance: Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022 EPS Estimate 0.32 0.29 0.29 0.27 EPS Actual 0.31 0.31 0.25 0.34 Revenue Estimate 73.58M 70.64M 67.45M 62.70M Revenue Actual 7
Barings BDC (NYSE:BBDC) reported quarterly earnings of $0.31 per share which beat the analyst consensus estimate of $0.30 by 3.33 percent. This is a 8.82 percent decrease over earnings of $0.34 per share from the same period last year.
Companies Reporting Before The Bell • Indivior (NASDAQ:INDV) is likely to report quarterly earnings at $0.28 per share on revenue of $260.00 million. • Bausch Health Companies (NYSE:BHC) is expected to report quarterly earnings at $1.02 per share on revenue of $2.30 billion. • H&E Equipment Servs (NASDAQ:HEES) is estimated to report quarterly earnings at $1.22 per share on revenue of $382.59 million. • Installed Building Prods (NYSE:IBP) is expected to report quarterly earnings at $2.45 per share on revenue of $682.48 million. • Keurig Dr Pepper (NASDAQ:KDP) is likely to report quarterly earnings at $0.54 per share on revenue of $3.91 billion. • MGP Ingredients (NASDAQ:MGPI) is expecte
Wells Fargo analyst Finian O'Shea maintains Barings BDC (NYSE:BBDC) with a Equal-Weight and raises the price target from $8.5 to $8.75.