Wall Street analysts predict that Barings BDC Inc (NYSE:BBDC) will announce $16.50 million in sales for the current fiscal quarter, Zacks reports. Two analysts have made estimates for Barings BDC’s earnings, with the lowest sales estimate coming in at $16.13 million and the highest estimate coming in at $16.87 million. Barings BDC reported sales of $31.71 million during the same quarter last year, which would suggest a negative year over year growth rate of 48%. The company is expected to announce its next earnings results on Wednesday, February 27th.

According to Zacks, analysts expect that Barings BDC will report full-year sales of $76.29 million for the current financial year, with estimates ranging from $72.08 million to $80.50 million. For the next financial year, analysts anticipate that the firm will post sales of $79.63 million, with estimates ranging from $79.52 million to $79.73 million. Zacks Investment Research’s sales averages are a mean average based on a survey of research firms that follow Barings BDC.

A number of equities analysts have recently commented on the stock. National Securities reiterated a “neutral” rating and set a $13.00 price target on shares of Barings BDC in a report on Tuesday, November 13th. ValuEngine upgraded shares of Barings BDC from a “hold” rating to a “buy” rating in a report on Monday, November 12th. Finally, Raymond James upgraded shares of Barings BDC from an “underperform” rating to an “outperform” rating in a report on Tuesday, September 11th.

NYSE BBDC opened at $10.05 on Tuesday. The firm has a market cap of $515.41 million, a price-to-earnings ratio of 6.48 and a beta of 0.70. Barings BDC has a fifty-two week low of $9.21 and a fifty-two week high of $12.40. The company has a current ratio of 224.44, a quick ratio of 224.44 and a debt-to-equity ratio of 1.25.

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 21st. Stockholders of record on Friday, December 14th will be issued a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 3.98%. The ex-dividend date of this dividend is Thursday, December 13th. This is a positive change from Barings BDC’s previous quarterly dividend of $0.03. Barings BDC’s payout ratio is 7.74%.

Barings BDC Company Profile

Barings BDC, Inc (NYSE:BBDC) is a business development company specializing in private equity and mezzanine investments. It focuses on leveraged buyouts, management buyouts, ESOPs, change of control transactions, acquisition financings, growth financing, and recapitalizations in lower middle market, mature, and later stage companies.

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