Barings BDC (BBDC) to Release Earnings on Thursday

Barings BDC (NYSE:BBDC) is anticipated to issue its quarterly earnings data after the market closes on Thursday, February 20th. Analysts expect the company to announce earnings of $0.29 per share and revenue of $69.35 million for the quarter. Individual that are interested in participating in the company’s earnings conference call can do so using this link.

Barings BDC Stock Performance

NYSE BBDC opened at $10.22 on Thursday. The company has a current ratio of 0.11, a quick ratio of 0.11 and a debt-to-equity ratio of 0.29. The firm’s fifty day moving average price is $9.72 and its two-hundred day moving average price is $9.82. Barings BDC has a 1 year low of $8.79 and a 1 year high of $10.38. The firm has a market capitalization of $1.08 billion, a P/E ratio of 9.46 and a beta of 0.69.

Insiders Place Their Bets

In other Barings BDC news, Director Stephen R. Byers acquired 8,485 shares of the company’s stock in a transaction on Friday, December 13th. The shares were acquired at an average cost of $9.73 per share, with a total value of $82,559.05. Following the completion of the acquisition, the director now directly owns 50,001 shares in the company, valued at $486,509.73. This trade represents a 20.44 % increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Michael James O’connor sold 29,424 shares of the stock in a transaction dated Thursday, December 12th. The stock was sold at an average price of $9.70, for a total transaction of $285,412.80. The disclosure for this sale can be found here. In the last 90 days, insiders bought 14,048 shares of company stock worth $136,772. 0.45% of the stock is currently owned by insiders.

Barings BDC Company Profile

Barings BDC, Inc 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. It seeks to invest primarily in senior secured loans, first lien debt, unitranche, second lien debt, subordinated debt, equity co-investments and senior secured private debt investments in private middle-market companies that operate across a wide range of industries.