BBDC
Barings BDC, Inc.
NYSEUSDEQUITY
Financial Services
DELAYED
Neutral
-14/100
Last price
8.51
▼ 0.04 (0.47%)
MARKET · —
Price
Chart style
Interval
Intraday intervals only cover recent history. The site picks the finest interval the range allows.
Overlays
Session levels
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Both series are rebased to 0% at the left edge, so the lines show relative performance rather than price.
Tool
1D
—
H —
L —
Range —
Vol —
vs
Drag pan · Pinch zoom · Hold crosshair · pick a tool then drag to draw
Open
8.62
Prev close
8.55
Day high
8.63
Day low
8.51
Volume
543.02K
Market cap
$891.06M
P/E (TTM)
10.38
52W range
7.96 – 9.54
Day trading desk
Gap from prior close
+0.82%
Prior close 8.55
VWAP
8.54
-0.33% from price
Relative volume
1.71×
Unusually busy
Session range
1.47%
8.51 – 8.63
Position in range
4%
Near session low
ATR (14D)
0.17
2.02% of price
Prior day high
8.75
PDH
Prior day low
8.52
PDL
Bid / ask spread
—
Quote not published
Session volume
1.13M
Avg 660.63K
VWAP and the session figures are computed from the delayed intraday series on this page, so they lag the live tape and will not match a broker's real-time VWAP exactly. Turn on Prior day H/L/C, Opening range and Volume profile in the chart's Studies menu to see these levels drawn on price.
Trailing performance
Returnvs SPY
1W
-2.41%
-4.4%
1M
-5.65%
-6.8%
3M
+1.79%
-2.7%
6M
+2.04%
-16.1%
YTD
-7.30%
-21.5%
1Y
-1.16%
-17.6%
3Y
-4.49%
-86.7%
5Y
—
—
Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.
Unusual options activity
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
That is the normal state — most contracts trade well inside their existing open interest.
Contracts trading at or above their open interest, ranked by notional and where the print landed.
Free account
5 more panels on BBDC open with an account.
Options chains and analytics, valuation ratios, insider filings, analyst targets and ownership. No card, no trial, nothing to cancel.
Insider net activity
Net shares
0
Net selling
Buy transactions
0
0 shares
Sell transactions
0
—
Net transactions
0
Buys less sells
Sell : buy shares
—
Not enough filings
Insider-held shares
650.23K
Total on file
Insider transactions
| Date | Insider | Action | Shares | Value | Held |
|---|---|---|---|---|---|
| Jun 3, 26 | MCDONNELL THOMAS Chief Executive Officer |
BUY | 10.00K | $82.70K | Direct |
| Dec 9, 25 | BYERS STEPHEN ROBERT Director |
BUY | 6.76K | $60.64K | Direct |
| Dec 9, 25 | BYERS STEPHEN ROBERT Director |
SELL | 5.67K | $50.93K | Direct |
| Jun 6, 25 | BYERS STEPHEN ROBERT Director |
BUY | 8.70K | $77.34K | Direct |
| Jun 6, 25 | MURRAY ELIZABETH A. Chief Operating Officer |
BUY | 3.40K | $30.06K | Direct |
| May 19, 25 | LLOYD ERIC J Officer and Director |
BUY | 34.38K | $313.52K | Direct |
| May 19, 25 | FREUND MATTHEW President |
BUY | 3.52K | $31.95K | Direct |
| May 19, 25 | FREUND MATTHEW President |
BUY | 3.52K | $31.93K | Direct |
| May 19, 25 | FREUND MATTHEW President |
SELL | 1 | $17 | Direct |
| Dec 13, 24 | BYERS STEPHEN ROBERT Director |
BUY | 9.55K | $93.07K | Direct |
| Dec 12, 24 | O'CONNOR MICHAEL JAMES Affiliated Person |
SELL | 29.42K | $285.41K | Direct |
| Dec 11, 24 | MURRAY ELIZABETH A. Chief Operating Officer |
BUY | 2.00K | $19.40K | Direct |
| Dec 11, 24 | FREUND MATTHEW President |
BUY | 2.50K | $24.29K | Direct |
| Nov 15, 24 | BYERS STEPHEN ROBERT Director |
BUY | 14.91K | $147.97K | Direct |
What this is, and what it is not
These are SEC Form 4 filings — officers, directors and 10% owners reporting their own trades in the company's stock. Filing is due within two business days of the transaction, so this lags reality by days, and the provider adds its own lag on top.
A sale is not automatically bearish. Executives sell on scheduled 10b5-1 plans, to cover tax on vesting equity, and to diversify. Purchases with cash are generally the more informative signal, and they are far rarer.
This does not include congressional or senate trading. That comes from STOCK Act disclosures filed with the Senate eFD system and the House Clerk, which this data source does not carry.
Officer and director trades in their own stock, straight from Form 4 filings.
Insider holders
| Name | Relation | Shares held | Latest |
|---|---|---|---|
BYERS STEPHEN ROBERT |
Director | 64.57K | Purchase |
FREUND MATTHEW |
President | 20.00K | Purchase |
LLOYD ERIC J |
Officer and Director | 73.57K | Purchase |
MCDONNELL THOMAS |
Chief Executive Officer | 26.00K | Purchase |
MURRAY ELIZABETH A. |
Chief Operating Officer | 25.39K | Purchase |
O'CONNOR MICHAEL JAMES |
Affiliated Person | 0 | Sale |
Fundamentals
Market cap$891.06M
Enterprise value$2.23B
Revenue (TTM)$266.14M
Gross profit$266.14M
EBITDA—
Net income$87.11M
EPS (TTM)$0.82
Free cash flow$129.00M
Total cash$51.54M
Total debt$1.39B
Book value / share$10.94
Shares outstanding104.71M
Float—
Short % of float2.76%
Dividend yield12.22%
Beta (5Y)0.71
Valuation & profitability ratios
Trailing P/E10.38
Forward P/E8.43
PEG ratio3.14
Price / sales—
Price / book0.78
EV / revenue8.40
EV / EBITDA—
Gross margin100.00%
Operating margin77.28%
Profit margin32.73%
Return on equity7.50%
Return on assets4.71%
Debt / equity121.72
Current ratio0.30
Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.
Financial statements
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Total revenue | $113.62M | $123.59M | $139.67M | $16.00M | -8.1% |
| Operating revenue | $113.62M | $123.59M | $139.67M | $16.00M | -8.1% |
| Selling, general & admin | $7.82M | $9.83M | $9.98M | $9.92M | -20.5% |
| Total operating expense | $7.82M | $9.83M | $9.98M | $9.92M | -20.5% |
| Pre-tax income | $105.81M | $113.75M | $129.69M | $6.09M | -7.0% |
| Tax provision | $3.88M | $3.47M | $1.69M | $1.41M | +12.0% |
| Net income | $101.92M | $110.29M | $128.00M | $4.68M | -7.6% |
| Net income to common | $101.92M | $110.29M | $128.00M | $4.68M | -7.6% |
| Basic EPS | 0.97 | 1.04 | 1.20 | 0.05 | -6.7% |
| Diluted EPS | 0.97 | 1.04 | 1.20 | 0.05 | -6.7% |
| Basic shares | 105.20M | 105.79M | 107.04M | 102.91M | -0.6% |
| Diluted shares | 105.20M | 105.79M | 107.04M | 102.91M | -0.6% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Cash & equivalents | $53.85M | $77.85M | $70.53M | $139.41M | -30.8% |
| Total assets | $2.64B | $2.70B | $2.68B | $2.71B | -2.2% |
| Total debt | $1.43B | $1.45B | $1.44B | $1.45B | -1.4% |
| Total liabilities | $1.48B | $1.51B | $1.48B | $1.52B | -2.0% |
| Retained earnings | -$702.26M | -$656.73M | -$658.00M | -$663.75M | -6.9% |
| Shareholder equity | $1.16B | $1.19B | $1.20B | $1.19B | -2.5% |
| Net tangible assets | $1.16B | $1.19B | $1.20B | $1.19B | -2.5% |
| Shares issued | 104.71M | 105.41M | 106.07M | 107.92M | -0.7% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Net income | $101.92M | $110.29M | $128.00M | $4.68M | -7.6% |
| Change in working capital | $3.25M | $18.07M | $2.63M | -$23.63M | -82.0% |
| Operating cash flow | $160.54M | $122.16M | $76.94M | $86.27M | +31.4% |
| Share buybacks | -$6.35M | -$6.44M | -$14.77M | -$32.10M | +1.4% |
| Dividends paid | -$125.25M | -$110.05M | -$109.00M | -$93.73M | -13.8% |
| Financing cash flow | -$185.10M | -$101.35M | -$145.83M | -$31.11M | -82.6% |
| Free cash flow | $160.54M | $122.16M | $76.94M | $86.27M | +31.4% |
| End cash position | $66.78M | $91.34M | $70.53M | $139.41M | -26.9% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Total revenue | $21.76M | $22.71M | $28.50M | $26.78M | $23.66M | -4.2% |
| Operating revenue | $21.76M | $22.71M | $28.50M | $26.78M | $23.66M | -4.2% |
| Selling, general & admin | $1.93M | $2.31M | $1.93M | $1.90M | $2.29M | -16.8% |
| Total operating expense | $1.93M | $2.31M | $1.93M | $1.90M | $2.29M | -16.8% |
| Pre-tax income | $19.84M | $20.39M | $26.57M | $24.89M | $21.37M | -2.7% |
| Tax provision | $1.50M | $400.00K | $1.33M | $1.34M | $808.00K | +276.0% |
| Net income | $18.33M | $19.99M | $25.24M | $23.55M | $20.56M | -8.3% |
| Net income to common | $18.33M | $19.99M | $25.24M | $23.55M | $20.56M | -8.3% |
| Basic EPS | 0.18 | 0.19 | 0.24 | 0.22 | 0.20 | -5.3% |
| Diluted EPS | 0.18 | 0.19 | 0.24 | 0.22 | 0.20 | -5.3% |
| Basic shares | 104.71M | 104.71M | 105.04M | 105.16M | 105.23M | 0.0% |
| Diluted shares | 104.71M | 104.71M | 105.04M | 105.16M | 105.23M | 0.0% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Cash & equivalents | $51.54M | $79.85M | $53.85M | $70.31M | $44.55M | -35.4% |
| Total assets | $2.58B | $2.60B | $2.64B | $2.82B | $2.79B | -0.6% |
| Total debt | $1.39B | $1.41B | $1.43B | $1.62B | $1.57B | -1.4% |
| Total liabilities | $1.44B | $1.45B | $1.48B | $1.66B | $1.62B | -0.6% |
| Retained earnings | -$718.38M | -$709.49M | -$702.26M | -$677.95M | -$668.90M | -1.3% |
| Shareholder equity | $1.15B | $1.15B | $1.16B | $1.17B | $1.18B | -0.7% |
| Net tangible assets | $1.15B | $1.15B | $1.16B | $1.17B | $1.18B | -0.7% |
| Shares issued | 104.71M | 104.71M | 104.71M | 105.16M | 105.16M | 0.0% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Net income | $18.33M | $19.99M | $25.24M | $23.55M | $20.56M | -8.3% |
| Change in working capital | $18.70M | -$24.15M | $6.60M | -$3.83M | $228.00K | +177.4% |
| Operating cash flow | $15.78M | $67.96M | $204.53M | $16.48M | -$52.71M | -76.8% |
| Share buybacks | $0 | $0 | -$4.01M | $0 | -$888.00K | — |
| Dividends paid | -$27.22M | -$27.22M | -$27.34M | -$32.60M | -$32.63M | -0.0% |
| Financing cash flow | -$41.56M | -$39.06M | -$220.95M | $17.47M | $1.35M | -6.4% |
| Free cash flow | $15.78M | $67.96M | $204.53M | $16.48M | -$52.71M | -76.8% |
| End cash position | $69.89M | $95.68M | $66.78M | $83.21M | $49.26M | -27.0% |
Options analytics
Put / call volume
0.09
Call-heavy session
Put / call open interest
—
Positioning, not flow
Max pain
2.50
-70.6% from spot
ATM implied vol
0.0%
Nearest strike to spot
Skew (10% OTM)
-25.0%
Calls bid over puts
Call volume
23
Contracts, this expiry
Put volume
2
Contracts, this expiry
Heaviest call OI
2.50
0 contracts
Heaviest put OI
10.00
0 contracts
Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.
Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.
Earnings
Reported vs expected · EPS
| Quarter | Est. | Actual | Surprise |
|---|---|---|---|
| Jun 2026 | 0.25 | 0.28 | +14.3% |
| Mar 2026 | 0.25 | 0.25 | -1.3% |
| Dec 2025 | 0.26 | 0.27 | +3.1% |
| Sep 2025 | 0.27 | 0.32 | +16.8% |
Forward consensus
| Period | EPS | Analysts | Revenue | Growth |
|---|---|---|---|---|
| Current quarter | 0.26 | 6 | $63.54M | -12.3% |
| Next quarter | 0.25 | 6 | $64.39M | -5.3% |
| Current year | 1.04 | 6 | $253.74M | -9.1% |
| Next year | 1.01 | 6 | $258.95M | +2.0% |
Analyst targets & ownership
Mean target$9.96
High target$10.25
Low target$9.50
Implied upside17.02%
Analyst count6
ConsensusNONE
Strong buy / Buy1 / 3
Hold2
Sell / Strong sell0 / 0
Held by insiders0.62%
Held by institutions51.75%
Institutions holding229
Price targets, consensus spread, insider and institutional ownership.
Moving averages & technicals
SMA 10
8.63
-1.41% from price
SMA 20
8.70
-2.20% from price
SMA 50
8.93
-4.68% from price
SMA 100
8.68
-1.99% from price
SMA 200
8.73
-2.54% from price
EMA 12
8.66
-1.70% from price
EMA 26
8.76
-2.90% from price
EMA 50
8.80
-3.29% from price
RSI (14)
37.2
Neutral
MACD (12,26,9)
-0.11
Hist -0.01
ATR (14)
0.17
2.02% of price
Realised vol 30D
16.0%
Annualised
Bollinger upper
8.89
20, 2σ
Bollinger lower
8.52
20, 2σ
50 / 200 cross
Golden
8.93 vs 8.73
Trend bias
Below 200
-2.54%
Options chain
Calls
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Puts
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Every listed expiry, both sides of the book, with volume, open interest and implied volatility.
Risk profile
Beta vs SPY
0.60
Less volatile than market
Correlation to SPY
0.34
Loosely linked
Realised vol 30D
16.0%
Annualised
Market vol 1Y
13.0%
SPY, annualised
Max drawdown 1Y
-13.9%
Peak to trough
Max drawdown 5Y
-37.3%
Peak to trough
ATR 14
0.17
2.02% of price
Beta (reported)
0.71
5Y monthly, from filing
Short interest
Shares short
2.49M
Prior 2.70M
Change vs prior
-7.6%
Shorts covering
% of float
2.76%
Normal
% of shares out
2.38%
Against total outstanding
Days to cover
3.3
Liquid
Float
—
Freely tradeable shares
Exchanges publish short interest twice a month with a settlement lag, so this is roughly two weeks behind. Days to cover divides shares short by average daily volume — it estimates how long covering would take, not whether it will happen.
Rating changes
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Aug 10, 26 | Wells Fargo | MAINTAINED | Overweight | Overweight |
| Apr 28, 26 | LUCID CAPITAL MARKETS | INITIATED | — | Neutral |
| Nov 10, 25 | Keefe, Bruyette & Woods | MAINTAINED | Market Perform | Market Perform |
| Nov 10, 25 | Wells Fargo | MAINTAINED | Overweight | Overweight |
| May 28, 25 | Wells Fargo | UPGRADE | Equal-Weight | Overweight |
| May 19, 25 | B of A Securities | MAINTAINED | Buy | Buy |
| May 12, 25 | Wells Fargo | MAINTAINED | Equal-Weight | Equal-Weight |
| Apr 28, 25 | Wells Fargo | MAINTAINED | Equal-Weight | Equal-Weight |
| Apr 8, 25 | Keefe, Bruyette & Woods | MAINTAINED | Market Perform | Market Perform |
| Jul 26, 24 | Wells Fargo | MAINTAINED | Equal-Weight | Equal-Weight |
| May 23, 24 | Keefe, Bruyette & Woods | MAINTAINED | Market Perform | Market Perform |
| Jan 29, 24 | Wells Fargo | MAINTAINED | Equal-Weight | Equal-Weight |
Dividends & splits
Forward rate$1.04 / yr
Forward yield12.22%
5-year avg yield10.52%
Payout ratio126.83%
Ex-dividend dateSep 2, 2026
Next pay dateSep 9, 2026
Last split—
Split date—
SEC filings
Fidelity bond filed pursuant to Rule 17g1(g)(1) of the Investment Company Act of 1940
40-17G · 2026-08-21
Corporate Changes & Voting Matters
8-K · 2026-08-05
Corporate Changes & Voting Matters
8-K · 2026-06-01
Periodic Financial Reports
10-Q · 2026-05-07
Proxy Statements
DEFA14A · 2026-03-16
Proxy Statements
DEF 14A · 2026-03-10
Corporate Changes & Voting Matters
8-K · 2026-02-19
Corporate Changes & Voting Matters
8-K · 2025-11-17
Headlines
BDCs Are Selling Investment-Grade Bonds Again After a Frozen Quarter
Motley Fool · 41d ago
Is the Options Market Predicting a Spike in Barings BDC Stock?
Zacks · 48d ago
Should Value Investors Buy Barings BDC (BBDC) Stock?
Zacks · 58d ago
Barings Bdc Q2 Earnings Call Highlights
MarketBeat · 60d ago
Barings BDC, Inc. Q2 2026 Earnings Call Summary
Moby · 62d ago
Barings BDC (BBDC) Beats Q2 Earnings and Revenue Estimates
Zacks · 62d ago
Barings BDC: Q2 Earnings Snapshot
Associated Press · 62d ago
Barings BDC, Inc. Reports Second Quarter 2026 Results and Announces Quarterly Cash Dividend of $0.26 Per Share
Business Wire · 62d ago
PRIVATE STRATEGY · BY QUALIFICATION
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