| Barings BDC Inc. (BBDC) Q1 2025 Earnings Call Transcript |
Start Time: 09:00 January 1, 0000 9:22 AM ET Barings BDC Inc. (NYSE:BBDC ) Q1 2025 Earnings Conference Call May 09, 2025, 09:00 AM ET Company Participants Eric Lloyd - Chairman and CEO Matt Freund - President Elizabeth Murray - CFO and COO Bryan High - Head of Global Private Finance Joe Mazzoli - Head, IR Conference Call Participants Operator At this time, I'd like to welcome everyone to the Barings BDC Inc. Conference Call for the Quarter Ended March 31, 2025. All participants are in a listen-only mode. |
seekingalpha.com |
2025-05-09 18:35:26 |
Czytaj oryginał (ang.) |
| Barings BDC (BBDC) Q1 Earnings and Revenues Lag Estimates |
Barings BDC (BBDC) came out with quarterly earnings of $0.25 per share, missing the Zacks Consensus Estimate of $0.28 per share. This compares to earnings of $0.28 per share a year ago. |
zacks.com |
2025-05-08 23:40:33 |
Czytaj oryginał (ang.) |
| Barings BDC, Inc. Reports First Quarter 2025 Results and Announces Quarterly Cash Dividend of $0.26 Per Share |
CHARLOTTE, N.C.--(BUSINESS WIRE)--Barings BDC, Inc. (NYSE: BBDC) (“Barings BDC” or the “Company”) today reported its financial and operating results for the first quarter of 2025 and announced that the Company's Board of Directors (the “Board”) declared a quarterly cash dividend of $0.26 per share. Highlights Three Months Ended Three Months Ended Income Statement March 31, 2025 December 31, 2024 (dollars in millions, except per share data) Total Amount Per Share(1) Total Amount Per Share(2) N. |
businesswire.com |
2025-05-08 20:15:00 |
Czytaj oryginał (ang.) |
| Barings BDC: Not The Best Investment Despite The 11.7% Dividend Yield |
BBDC provides investors with a 12% dividend yield, but has underperformed compared to other BDCs, which results in a "HOLD" recommendation. The stock value of BBDC has dropped substantially since 2013, which resulted in unimpressive total returns, even though the company maintained steady dividend payments. The company faces two major issues: its debt-to-equity ratio of 1.22x and its stock price discount relative to NAV. |
seekingalpha.com |
2025-04-27 12:51:33 |
Czytaj oryginał (ang.) |
| Barings BDS Is Not A Great Buy Despite The Sell-Off |
Barings BDS experienced a significant sell-off due to Trump's tariffs, impacting the entire BDC sector and leading to valuation drops. I recommend focusing on top-tier BDCs like Blackstone Secured Lending Fund and Morgan Stanley Direct Lending Fund due to their defensive portfolios. BBDC's portfolio shows declining credit quality and higher non-accrual risks, making it less attractive compared to peers with higher first-lien debt exposure. |
seekingalpha.com |
2025-04-24 17:28:15 |
Czytaj oryginał (ang.) |
| Barings BDC, Inc. Announces Conference Call to Discuss First Quarter 2025 Results |
CHARLOTTE, N.C.--(BUSINESS WIRE)--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, 2025 on Thursday, May 8, 2025, after the market closes. Barings BDC, Inc. has scheduled a conference call to discuss its first quarter 2025 financial results for Friday, May 9, 2025, 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 sta. |
businesswire.com |
2025-04-10 10:15:00 |
Czytaj oryginał (ang.) |
| Barings BDC: Adding To This 12.9%-Yielding BDC On The Dip |
We take a look at the Q4 numbers from the Barings BDC. Barings BDC trades at a 15% discount to book, offers a 12.9% total dividend yield, and has a stable NAV over the last few years. Net investment income fell slightly over the quarter; base dividend coverage remains strong at 108%. |
seekingalpha.com |
2025-04-03 13:57:30 |
Czytaj oryginał (ang.) |
| BDC Weekly Review: PSEC Gets More Bad Press |
We take a look at the action in business development companies through the third week of March and highlight some of the key themes we are watching. BDCs saw a 2% total return this week, but March is shaping up to be the worst month since late 2023. A recent Bloomberg article discussed PSEC culture and outsider status. |
seekingalpha.com |
2025-03-30 07:37:56 |
Czytaj oryginał (ang.) |
| 3 Stocks Trading Under $10 That Deliver Massive Ultra-High-Yield Dividends |
Investors love dividend stocks, especially the ultra-high-yield variety because they offer a significant income stream and have massive total return potential. |
247wallst.com |
2025-03-27 12:44:41 |
Czytaj oryginał (ang.) |
| Barings BDC (BBDC) Q4 2024 Earnings Call Transcript |
Barings BDC Inc. (NYSE:BBDC ) Q4 2024 Earnings Conference Call February 21, 2024 9:00 AM ET Company Participants Eric Lloyd - Chairman, Chief Executive Officer Matthew Freund - President Elizabeth Murray - Chief Financial Officer Bryan High - Head of Global Private Finance Joe Mazzoli - Head of Investor Relations Conference Call Participants Finian O'Shea - Wells Fargo Robert Dodd - Raymond James Casey Alexander - Compass Point Operator Good day everyone. At this time, I'd like to welcome you to the Barings BDC Inc. conference call for the quarter ended and year ended December 31, 2024. |
seekingalpha.com |
2025-02-21 12:59:05 |
Czytaj oryginał (ang.) |
| 3 Stocks From the Flourishing SBIC & Commercial Finance Industry |
A rise in financing demand across sectors on the back of economic resilience and relatively low rates will support companies like Main Street Capital, Barings BDC and Crescent Capital amid weakening asset quality. |
zacks.com |
2025-02-14 11:36:10 |
Czytaj oryginał (ang.) |
| Best Income Stocks to Buy for February 4th |
BBDC, NE and PFC made it to the Zacks Rank #1 (Strong Buy) income stocks list on February 4, 2025. |
zacks.com |
2025-02-04 12:06:43 |
Czytaj oryginał (ang.) |
| I'm Buying Up To 10% Yield For Recurring Income |
Inflation erodes purchasing power, making high-yield investments crucial for long-term financial goals; savings accounts and CDs may not suffice. That's why I prefer picking stocks that pay yields well above inflation and/or are poised for robust dividend growth. In this article, I highlight two such picks that are undervalued, offering income investors high income and capital appreciation potential. |
seekingalpha.com |
2025-02-04 10:03:00 |
Czytaj oryginał (ang.) |
| 2 Discounted BDCs: One Is A Bargain, One Is A Trap |
Many high quality BDCs trade at premium or at NAV. To enhance the potential return profile, investors have to look at the discounted BDC space. It does not make sense to invest in higher risk BDCs that trade at tiny discounts. The additional risk and reward mix is not that favorable. |
seekingalpha.com |
2025-01-21 11:15:00 |
Czytaj oryginał (ang.) |
| Barings BDC, Inc. Announces Conference Call to Discuss Fourth Quarter and Full Year 2024 Results |
CHARLOTTE, N.C.--(BUSINESS WIRE)--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, 2024 on Thursday, February 20, 2025, after the market closes. Barings BDC, Inc. has scheduled a conference call to discuss its fourth quarter and fiscal year ended December 31, 2024 financial results for Friday, February 21, 2025, at 9:00 a.m. ET. To listen to the call, please dial 87. |
businesswire.com |
2025-01-21 08:15:00 |
Czytaj oryginał (ang.) |
| 5 Stocks Under $10 With Ultra-High-Yield Dividends and Huge Upside Potential |
While most of Wall Street focuses on large and mega-cap stocks, as they provide a degree of safety and liquidity, many investors are limited in the number of shares they can buy. |
247wallst.com |
2025-01-20 10:13:21 |
Czytaj oryginał (ang.) |
| 4 Quality Ultra-High-Yield Stocks With 10% and Higher Dividends Are 2025 Home Runs |
Investors love dividend stocks, especially the high-yield variety, because they offer a significant income stream and have massive total return potential. |
247wallst.com |
2025-01-14 09:13:52 |
Czytaj oryginał (ang.) |
| Barings BDC: Portfolio Quality Continues To Weaken (Rating Downgrade) |
I am downgrading my rating on Barings BDC due to a slight uptick in non-accruals, lower earnings, and weaker dividend coverage. Despite a 10.7% dividend yield and a well-diversified portfolio, I expect no sizeable dividend raises as net investment income is projected to decrease. The recent 5% price drop presents an entry point, but the NAV decline and higher non-accrual rate raise concerns about future performance. |
seekingalpha.com |
2025-01-06 02:34:01 |
Czytaj oryginał (ang.) |
| Barings BDC: Improving Performance Could Close Valuation Gap |
We take a look at the Q3 numbers from the Barings BDC. Barings BDC trades at a 14% discount to book, offers a 10.6% dividend yield, and has a stable NAV over the last few years. Net investment income fell 9% year-over-year, but dividend coverage remains strong at 110%. |
seekingalpha.com |
2024-12-28 02:32:57 |
Czytaj oryginał (ang.) |
| BDC Weekly Review: BDCs Have Overcome The August Dip |
We take a look at the action in business development companies through the first week of December and highlight some of the key themes we are watching. BDCs experienced a slight decline this week, but are up nearly 10% year-to-date. Wrapping up Q3 earnings: WHF had a -2% total NAV return with rising non-accruals, while BXSL posted a strong 3.2% total NAV return. |
seekingalpha.com |
2024-12-13 23:51:03 |
Czytaj oryginał (ang.) |
| Barings BDC: Is The Thrill Of Victory Worth The Agony Of Defeat? |
Barings BDC Inc, a small-cap company, offers a 10% yield and trades at a 9.16% discount to NAV, making it attractive for income investors. Despite slight declines in earnings and credit quality, Barings BDC's fundamentals and management's share buybacks support its dividend safety in the near to medium term. The business development company's balance sheet is solid with a leverage ratio of 1.15x and significant liquidity, ensuring stability amidst market volatility and interest rate changes. |
seekingalpha.com |
2024-12-03 11:00:33 |
Czytaj oryginał (ang.) |
| BDC Weekly Review: Key Q3 Earnings Trends |
We take a look at the action in business development companies through the second week of November and highlight some of the key themes we are watching. BDCs were flat this week in aggregate, outperforming other income sectors, with PSEC and TPVG bookending month-to-date returns. Q3 earnings reveal a slight decline in net investment income due to rate cuts, tight market spreads, and refinancing into higher coupon debt. |
seekingalpha.com |
2024-11-30 08:54:26 |
Czytaj oryginał (ang.) |
| 4 Ultra-High-Yield Stocks Yielding at Least 10% Are Our Top December Picks |
Key Points The Federal Reserve will have lowered rates by 1% by year-end. |
247wallst.com |
2024-11-29 14:18:06 |
Czytaj oryginał (ang.) |
| Barings BDC: Solid Hold For Existing Shareholders |
Barings BDC focuses on sponsor-backed investments in middle market businesses with EBITDA ranging from $15m to $75m, ensuring a diversified portfolio. BBDC's $2.4B portfolio is predominantly in secured debt, with 68% in first-lien and 4% in second-lien, highlighting its defensive nature. The portfolio is well-diversified, with the top 10 companies accounting for only 24%, and non-accruals are low at 0.5% as of September 30, 2024. |
seekingalpha.com |
2024-11-28 08:24:14 |
Czytaj oryginał (ang.) |
| BDC Weekly Review: Key Q3 Earnings Trends |
We take a look at the action in business development companies through the second week of November and highlight some of the key themes we are watching. BDCs were flat this week in aggregate, outperforming other income sectors, with PSEC and TPVG book ending month-to-date returns. Q3 earnings reveal a slight decline in net investment income due to rate cuts, tight market spreads, and refinancing into higher coupon debt. |
seekingalpha.com |
2024-11-23 00:07:01 |
Czytaj oryginał (ang.) |
| Investing In BDCs For 10%+ Yields? This Is What Matters Now |
When investing for 10%+ BDC yields, investors have to pay extra attention to leverage, dividend coverage, and portfolio quality. Going into Q3, 2024 earnings season, my expectation was that we would see elevated volatility levels and falling NII results. While the actual results have been mostly positive for high-quality BDCs (and even for some speculative picks), many risks remain open. |
seekingalpha.com |
2024-11-20 11:15:00 |
Czytaj oryginał (ang.) |
| Barings BDC: Quality 10%+ Yield And P/NAV Of 0.87x Make It A Buy |
I have been quite hesitant ongoing long BBDC since December 2023. Now, looking at the recent financials and significant discount, things have changed. Even though there are risks in the system, they do not increase the risk of a 10.5% dividend cut. |
seekingalpha.com |
2024-11-19 11:15:00 |
Czytaj oryginał (ang.) |
| Barings BDC Inc (BBDC) Q3 2024 Earnings Call Transcript |
Barings BDC Inc (NYSE:BBDC ) Q3 2024 Earnings Conference Call November 7, 2024 9:00 AM ET Company Participants Joe Mazzoli – Head of Investor Relations Eric Lloyd – Chief Executive Officer Matt Freund – President Elizabeth Murray – Chief Financial Officer Conference Call Participants Operator At this time, I would like to welcome everyone to Barings BDC, Inc. Conference Call for the Quarter Ended September 30, 2024. All participants are in listen-only mode. |
seekingalpha.com |
2024-11-07 14:31:32 |
Czytaj oryginał (ang.) |
| Barings BDC (BBDC) Q3 Earnings Miss Estimates |
Barings BDC (BBDC) came out with quarterly earnings of $0.29 per share, missing the Zacks Consensus Estimate of $0.30 per share. This compares to earnings of $0.31 per share a year ago. |
zacks.com |
2024-11-06 21:26:32 |
Czytaj oryginał (ang.) |
| Barings BDC, Inc. Reports Third Quarter 2024 Results and Announces Quarterly Cash Dividend of $0.26 Per Share |
CHARLOTTE, N.C.--(BUSINESS WIRE)--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. |
businesswire.com |
2024-11-06 18:15:00 |
Czytaj oryginał (ang.) |
| 2 High-Yielding BDCs In An Expensive Market |
Despite economic uncertainty and high inflation, dividend investing offers steady income, making high-yielding stocks like Barings BDC and Great Elm Capital Corp. attractive. Barings BDC, with a 10.9% yield, has improved credit quality, reduced debt, and boasts strong dividend coverage, making it a solid income choice. Great Elm Capital Corp., yielding 14.1%, has shown bottom-line growth, reduced non-performing loans, and maintains solid dividend coverage despite higher leverage. |
seekingalpha.com |
2024-11-06 10:00:00 |
Czytaj oryginał (ang.) |
| 5 High-Yield Dividend Stocks Investors Should Buy Hand-Over-Fist If Donald Trump Wins |
24/7 Wall St. Insights: The seemingly endless political season is almost over It's possible we won't know the winner for a while Sit back and let dividends do the heavy lifting for a simple, steady path to serious wealth creation over time. |
247wallst.com |
2024-11-04 09:05:17 |
Czytaj oryginał (ang.) |
| 3 BDCs With Highest Dividend Coverage Levels: Only One Is A Defensive Leader |
The investment environment for BDCs remains solid, but there are some clear risks, which call for extra caution. One of the ways to protect current income streams from BDC allocations is to focus on high dividend coverage level picks. I have identified Top 3 BDCs, which carry the highest dividend coverage levels in the sector (on average around 150%). |
seekingalpha.com |
2024-10-26 13:15:00 |
Czytaj oryginał (ang.) |
| Barings BDC: Undervalued 11% Yield With 154% Dividend Coverage |
Barings BDC offers a 10.7% yield that's well-covered by cash flows, and trades at a 14% discount to book value. BBDC's portfolio is diversified with 72% secured debt, a low non-accrual rate of 0.3%, and has a strong balance sheet. BBDC could benefit from increased borrower demand in a slowly declining interest rate environment and retains plenty of capital after paying the dividend to fund new investments. |
seekingalpha.com |
2024-10-21 15:00:00 |
Czytaj oryginał (ang.) |
| BDC Weekly Review: Private Lenders Want To Democratize Access |
We take a look at the action in business development companies through the first week of October and highlight some of the key themes we are watching. BDCs saw a modest 0.5% return this week, with MSDL and OBDE leading the way. Private lenders are exploring ETFs to tap retail demand. |
seekingalpha.com |
2024-10-12 00:50:38 |
Czytaj oryginał (ang.) |
| Barings BDC, Inc. Announces Conference Call to Discuss Third Quarter 2024 Results |
CHARLOTTE, N.C.--(BUSINESS WIRE)--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. |
businesswire.com |
2024-10-08 10:15:00 |
Czytaj oryginał (ang.) |
| Barings BDC: Potential Upside If Credit Issues Remain Managed |
Barings BDC offers an appealing 11% yield and is undervalued, making it a solid choice for passive income investors. Improved credit trend, lower non-accrual ratio, and a 25% YoY increase in net investment income enhance dividend safety. The stock trades at a 15% discount to NAV, presenting a potential upside if credit issues remain managed. |
seekingalpha.com |
2024-10-04 04:23:50 |
Czytaj oryginał (ang.) |
| 5 Stocks Trading Under $10 Paying Huge Ultra-High-Yield Dividends |
24/7 Wall St. Insights Companies that pay ultra-high-yield dividends are perfect for those seeking passive income. |
247wallst.com |
2024-10-01 15:05:30 |
Czytaj oryginał (ang.) |