Bain Capital Specialty Finance, Inc. (BCSF)
Financial Services · NYQ
Fundamentals
Valuation and ratings
Bain Capital Specialty Finance, Inc. trades at USD12.66, which is 33% below the USD16.86 our discounted cash flow model puts on the business. On that measure alone it screens as undervalued, though a DCF is an argument rather than a measurement, and the market is frequently right about why something is cheap.
Our moat model scores it 55 out of 100, which is a moat, but not a deep one. A moat is a structural reason competitors cannot take the profits away, and it matters more to a long holding period than any single quarter's numbers do.
It changes hands at 11.4 times earnings. Be careful reading that in isolation: for a cyclical business a low P/E arrives at the top of the cycle, when profits are peaking and about to fall, which is exactly when the shares look cheapest and are not.
BCSF dividend history
Dividends per share by year
| Year | Total per share | Payments |
|---|---|---|
| 2026 (year to date) | USD0.840 | 2 |
| 2025 | USD1.95 | 5 |
| 2024 | USD1.80 | 4 |
| 2023 | USD1.60 | 4 |
| 2022 | USD1.38 | 4 |
| 2021 | USD1.36 | 4 |
| 2020 | USD1.42 | 4 |
| 2019 | USD1.61 | 4 |
| 2018 | USD0.402 | 1 |
Split-adjusted amounts in the listing currency, grouped by the calendar year of the ex-dividend date, from the filed record. Growth and streak figures compare complete years only.
BCSF earnings and analyst estimates
Recommendation mix, 3 analyst ratings
Estimates are the published analyst consensus and move often. An earnings date is scheduled, not certain, and a share tends to reprice most violently on the day itself.
About Bain Capital Specialty Finance, Inc.
Bain Capital Specialty Finance, Inc. is business development company specializing in direct loans to middle-market companies. The fund seeks to invest in senior investments with a first or second lien on collateral, senior first lien, stretch senior, senior second lien, unitranche, mezzanine debt, junior securities, other junior investments, and secondary purchases of assets or portfolios that primarily consist of middle-market corporate debt. It typically invests in companies with EBITDA between $10 million and $150 million.
BCSF passes 4 of our 30 screens today
Each screen prints the exact criteria it used, and the circumstances in which it is wrong.
Super investor ownership
3 of the funds we track reported a position in their latest SEC 13F filing. Largest first:
- Two Sigma, TWO SIGMA INVESTMENTS, LP$18.79M · 0.0% of book
- Ken Griffin, CITADEL ADVISORS LLC$341.4K · 0.0% of book
- Israel Englander, MILLENNIUM MANAGEMENT LLC$224.6K · 0.0% of book
A word of warning on reading these figures: a 13F reports the market value of a holding, so a fund that traded nothing at all still appears to have sold when the price fell. We found 102 companies where the standard reading gives the opposite answer. Only the share count is honest.
Common questions
Is Bain Capital Specialty Finance, Inc. (BCSF) undervalued?
Against our discounted cash flow estimate of USD16.86, BCSF at USD12.66 is 33% below fair value. That is one model's answer, not a recommendation, and most of a DCF's output sits in a terminal value nobody can forecast.
Which funds own BCSF?
3 of the institutions we track reported a position in BCSF in their most recent SEC 13F filing. A 13F is filed up to 45 days after quarter end, so it tells you what a fund held then, not what it holds now.
What is BCSF's P/E ratio?
BCSF trades at 11.4 times earnings. A low P/E is not automatically cheap: on a cyclical company it is usually a warning that earnings are at a peak.
Does Bain Capital Specialty Finance, Inc. (BCSF) pay a dividend?
Yes. Bain Capital Specialty Finance, Inc. yields 12.93% at the current share price. It has paid USD1.89 per share over the trailing twelve months. It has paid a dividend in each of the last 8 complete calendar years. A dividend is declared by the board and can be cut at any time; a yield is a fact about the current price, not a promise.
When does BCSF report earnings next?
Bain Capital Specialty Finance, Inc. is scheduled to report on 10 Aug 2026. Companies move earnings dates, so read it as scheduled rather than certain.
The full research page for BCSF, with financial statements, ownership detail, peer comparison and alerts, is free inside the app.
Data from company filings, exchange quotes and SEC EDGAR 13F disclosures. Quotes are delayed. Metrics we do not have are left out rather than estimated. Educational information, not financial advice.