Bain Capital Specialty Finance, Inc. reported results
SEC 8-KRead source ↗
Bain Capital Specialty Finance, Inc. is a US-listed company in the asset management & custody banks industry. Its financial year ends in December.
Stock price today
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Third-party market data · may be delayed
Model estimate per share
~$17
Valuation models combined (5)
Base case. Range ~$12–$25. Weighted average of 5 models (forward price-to-earnings vs peers, residual income, justified price-to-book, price-to-book vs peers, dividend discount (two-stage)), the forward price-to-earnings vs peers counting double.
Price vs value
No Buy/Hold/Sell rating is issued: limited reported history: available models are shown without a Buy/Hold/Sell rating.
Bain Capital Specialty Finance, Inc. valuation: adjust assumptions and compare models →
Who’s trading
What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.
- Funds63 adding, 60 cuttingOf 11 active managers that changed their stake, 4 added; quarter to June 30, 2026Fund buyers and sellers
The Fundamentalytics view
Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.
Highlights
How we pick theseStrengths
Nothing in Bain Capital Specialty Finance, Inc.'s latest figures clears our strength thresholds.
Things to watch
- Missing expectations. Earnings per share fell short of the consensus estimate in 3 of the last four quarters.
- Estimates being cut. Analysts' consensus for next year's earnings per share has fallen 9.8% over 90 days.
- Earnings expected to fall. The consensus expects earnings per share to fall 18% next year.
Latest results
- Earnings per share
- $0.44 against an average estimate of $0.42: beat by 3.9%
- Share reaction
- +5.5% in the first session after the results on October 27, 2026, against +0.9% for the S&P 500
- Next report
- November 9, 2026; average EPS estimate $0.43
Price chart
- 1 day+1.4%
- 1 week+8.7%
- 1 month-1.2%
- This year-12.8%
- 1 year-10.0%
- 5 years+25.0%
- S&P 500 this year+11.2%
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Third-party market data · may be delayed
At a glance
Profitability
- EPS (TTM, diluted)
- $0.99
Growth
- Share count change
- +0.3%
Earnings
- Last results
- October 27, 2026
News & updates
Company announcements, filed results and changes that matter to shareholders.
- Results
- Results
Bain Capital Specialty Finance, Inc. reported results; disclosed a material event
SEC 8-KRead source ↗ - Agreement
Bain Capital Specialty Finance, Inc. entered a material agreement; took on a material financial obligation
SEC 8-KRead source ↗ - Results
Bain Capital Specialty Finance, Inc. reported results
SEC 8-KRead source ↗
Valuation models
We value Bain Capital Specialty Finance, Inc. as an asset manager, broker or exchange, with every model that fits that kind of business. Cost of equity 8.5%: the 10-year Treasury yield (4.9%) plus a beta of 0.78 times a 4.5% equity risk premium.
| Model | Value per share | In the combined value? |
|---|---|---|
| Forward price-to-earnings vs peers Next year's consensus earnings per share times peers' typical (harmonic-mean) forward price-to-earnings. Uses analysts' consensus estimates (third-party data), not our forecasts. | ~$12 ~$10–$16 | Primary model, counts double |
| Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. | ~$18 ~$13–$24 | Included |
| Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. | ~$18 ~$16–$22 | Included |
| Price-to-book vs peers Book value per share times peers' typical (harmonic-mean) price-to-book. | ~$25 ~$27–$68 | Included |
| Dividend discount (two-stage) Dividends for five years at the growth the business can fund, then a steady payout and growth. | ~$19 ~$16–$23 | Included |
| Combined value Weighted average of the models that apply: the primary model (forward price-to-earnings vs peers) counts double. Models more than 5x or less than 0.2x the share price, or more than 3x away from the other models' median, are left out. | ~$17 ~$12–$25 | 5 models |
Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Bain Capital Specialty Finance, Inc. with asset managers in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.
Moat
Not assessed: fewer than five years of comparable figures in the filings. AI disruption exposure for this industry: Medium.
Forecasts and guidance
Next results: November 9, 2026, after the close. Analysts expect revenue of $61m and EPS of $0.43 (range $0.39 to $0.46) for the quarter.
Analysts' consensus
| Fiscal year | EPS | Growth | Revenue | Growth |
|---|---|---|---|---|
| Current | $1.64 | −13% | $250m | −9% |
| Next | $1.34 | −19% | $236m | −6% |
Next year's EPS estimate has moved −9.8% in 90 days, across 4 analysts.
How the EPS forecast has moved
The consensus EPS forecast for the current fiscal year is −2.8% on 90 days ago. In the last 30 days, 1 analyst raised Bain Capital Specialty Finance, Inc.'s forecast and 2 cut it.
Average of analysts' published estimates (third-party data).
View chart data
| Period | Current fiscal year | Next fiscal year |
|---|---|---|
| 90 days ago | $1.69 | $1.48 |
| 60 days ago | $1.67 | $1.48 |
| 30 days ago | $1.64 | $1.29 |
| 7 days ago | $1.64 | $1.29 |
| Now | $1.64 | $1.34 |
Earnings against estimates
| Quarter to | Estimate | Actual | Surprise |
|---|---|---|---|
| Jun 2026 | $0.42 | $0.44 | +3.9% |
| Mar 2026 | $0.42 | $0.42 | −0.8% |
| Dec 2025 | $0.47 | $0.46 | −2.1% |
| Sept 2025 | $0.45 | $0.45 | 0.0% |
Adjusted EPS as companies report it, against the average analyst estimate.
Positioning
- Short interest
- 2.5% of tradable shares
- Days to cover
- 2.43 at average volume
- Short interest, 1 month
- −17% to October 15, 2026
- Held by institutions
- 60% of shares
- Held by insiders
- 0.7% of shares
Share-price performance
Market data may be delayedReturn and risk by year
| Calendar year | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 to date |
|---|---|---|---|---|---|---|
| Return | ||||||
| BCSF | +37% | −13% | +42% | +30% | −10% | −13% |
| Industry peers (median) | +33% | −17% | +19% | +15% | −4% | −6% |
| S&P 500 | +29% | −18% | +26% | +25% | +18% | +11% |
| Months that ended higher | ||||||
| BCSF | 67% | 50% | 50% | 83% | 50% | 18% |
| S&P 500 | 75% | 42% | 67% | 75% | 75% | 46% |
| Largest fall from a high during the year | ||||||
| BCSF | −7% | −24% | −15% | −9% | −26% | −24% |
| S&P 500 | −5% | −25% | −10% | −8% | −19% | −9% |
Worst fall since November 15, 2018: 62% from February 20, 2020 to April 6, 2020. Getting back needed a 166% gain, reached on January 19, 2022, 653 days after the low.
Price behaviour
- 52-week range
- $10.05 – $13.19
- From 52-week high
- −17.2%
- vs 50-day average
- −0.1%
- vs 200-day average
- −7.2%
- Volatility (1 year)
- 23%
- Beta vs S&P 500
- 0.63
Share price after results
- Next day
- 6 up, 6 down typical move ±1.8%
- After a week
- 2 up, 9 down typical move ±2.2%
- After a month
- 4 up, 7 down typical move ±3.9%
| Results released | Next day | S&P 500 next day | 5 days | 21 days |
|---|---|---|---|---|
| October 27, 2026 | +5.5% | +0.9% | — | — |
| August 10, 2026 | −2.1% | −0.3% | −8.0% | −12.0% |
| July 23, 2026 | −1.7% | −1.1% | −0.6% | −4.1% |
| May 12, 2026 | +0.9% | +0.4% | −1.4% | −3.1% |
| April 29, 2026 | +2.7% | +1.0% | +4.3% | −0.5% |
| February 27, 2026 | +0.9% | −0.4% | −0.7% | −0.6% |
| February 12, 2026 | −0.2% | −1.5% | −0.7% | −8.7% |
| November 10, 2025 | −1.2% | +1.8% | −2.4% | +5.1% |
| October 28, 2025 | −1.0% | +0.3% | −2.3% | −0.2% |
| August 5, 2025 | +3.2% | +0.3% | +3.3% | +6.6% |
| July 22, 2025 | +2.1% | +0.9% | −0.5% | +1.1% |
| May 5, 2025 | −0.6% | −1.4% | −0.4% | +0.6% |
Fundamentals
Dividends, buybacks and capital spending
- Dividends (TTM)
- $123M
- Diluted share count
- +0.3%
- year over year
- Dividend payout ratio
- 192%
- of net income paid out
Who owns it
Funds buying and selling- Reported value
- $460M
- Institutions reporting
- 128
- Shares held vs prior quarter
- ▲ 8.7%
- Positions opened / closed
- 16 / 17
| Manager | Value | Shares | Share of 13F value | Shares QoQ |
|---|---|---|---|---|
| Bain Capital Credit, LP | $148M | 11.8M | 32.1% | 0.0% |
| Bank Of America Corp | $31.8M | 2.5M | 6.9% | ▼ 7.2% |
| Cresset Asset Management, LLC | $30M | 2.4M | 6.5% | ▲ 15.5% |
| UBS Group AG | $18.3M | 1.5M | 4.0% | ▲ 4.0% |
| Van Eck Associates Corp | $17.3M | 1.4M | 3.7% | ▲ 22.6% |
| Two Sigma Investments, LP | $17.2M | 1.4M | 3.7% | ▼ 9.3% |
| Morgan Stanley | $15.7M | 1.3M | 3.4% | ▲ 9.5% |
| Dimension Capital Management LLC | $15.7M | 1.3M | 3.4% | ▲ 2.4% |
| Melia Wealth LLC | $10.9M | 873K | 2.4% | ▼ 25.0% |
| Muzinich & Co., Inc. | $10.6M | 847K | 2.3% | ▲ 5.7% |
| Russell Investments Group, Ltd. | $9.8M | 779K | 2.1% | ▲ 46.3% |
| Franklin Resources Inc | $8.1M | 644K | 1.8% | ▲ 9.9% |
From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Bain Capital Specialty Finance, Inc.'s complete shareholder register. Values are as reported by the filers ; 1 inconsistently scaled filing rows were excluded.
Insider trading activity
Full insider history and chart Insider purchases History → $0 0 trades by 0 insiders, last 12 months Insider sales History → $0 0 trades by 0 insiders
Net ▲ $0 net buying
From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.
Earnings dates and SEC filings
Results announcements
- October 27, 2026
- August 10, 2026
- July 23, 2026
- May 12, 2026
- April 29, 2026
- February 27, 2026
Recent SEC filings
- 8-K Current report
- 8-K Current report
- 10-Q Quarterly report
- 8-K Current report
- 8-K Current report
- 8-K Current report
- 8-K Current report
- 10-Q Quarterly report
Data status
| Data | Last updated | Source |
|---|---|---|
| Share price | Exchange closing prices | |
| News and updates | Company releases and SEC 8-K filings | |
| Analyst estimates | Aggregated analyst estimates | |
| Valuation and scores | Our models, from the filed figures |
Bain Capital Specialty Finance, Inc. in brief
- What does Bain Capital Specialty Finance, Inc. do?
- Bain Capital Specialty Finance, Inc. is a US-listed company in the asset management & custody banks industry. Its financial year ends in December.
- What is Bain Capital Specialty Finance, Inc.'s stock ticker?
- Bain Capital Specialty Finance, Inc. trades under the ticker BCSF on NYSE. This page brings together its financial statements, valuation models, ownership and recent company updates.
- Who are Bain Capital Specialty Finance, Inc.'s largest institutional shareholders?
- By value reported in 13F filings for June 30, 2026, the largest reported holders are Bain Capital Credit, LP, Bank Of America Corp and Cresset Asset Management, LLC. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
- Does Bain Capital Specialty Finance, Inc. pay a dividend?
- Yes: Bain Capital Specialty Finance, Inc. paid $123M in dividends over the trailing twelve months and a payout ratio of 191.8%.
- When is Bain Capital Specialty Finance, Inc.'s next earnings date?
- Around November 9, 2026, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Bain Capital Specialty Finance, Inc. announces its own schedule.
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