BBDC
Barings BDC, Inc.
NYSEUSDEQUITY
Financial Services
DELAYED
Last price
9.34
▼ 0.06 (0.64%)
MARKET · —
Price
Open
9.40
Prev close
9.40
Day high
9.43
Day low
9.32
Volume
743.99K
Market cap
$977.96M
P/E (TTM)
11.39
52W range
7.96 – 9.92
Trailing performance
Returnvs SPY
1W
+0.32%
+1.7%
1M
+14.04%
+10.3%
3M
+9.75%
+6.7%
6M
+1.74%
-9.3%
YTD
+1.74%
-10.5%
1Y
-3.21%
-23.2%
3Y
+1.08%
-73.1%
5Y
—
—
Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.
Fundamentals
Market cap$977.96M
Enterprise value$2.32B
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 float3.31%
Dividend yield11.13%
Beta (5Y)0.66
Valuation & profitability ratios
Trailing P/E11.39
Forward P/E9.25
PEG ratio3.14
Price / sales—
Price / book0.85
EV / revenue8.72
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 |
|---|---|---|---|---|
| Total revenue | $279.21M | $286.17M | $289.20M | $219.13M |
| Cost of revenue | $0 | $0 | $0 | $0 |
| Gross profit | $0 | $0 | $0 | $0 |
| R&D | — | — | — | — |
| SG&A | — | — | — | — |
| Operating income | — | — | — | — |
| Pre-tax income | — | — | — | — |
| Tax provision | $0 | $0 | $0 | $0 |
| Net income | $101.92M | $110.29M | $128.00M | $4.68M |
| EBIT | $0 | $0 | $0 | $0 |
| Line item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Cash & equivalents | — | — | — | — |
| Short-term investments | — | — | — | — |
| Net receivables | — | — | — | — |
| Inventory | — | — | — | — |
| Total current assets | — | — | — | — |
| Total assets | — | — | — | — |
| Total current liabilities | — | — | — | — |
| Long-term debt | — | — | — | — |
| Total liabilities | — | — | — | — |
| Retained earnings | — | — | — | — |
| Shareholder equity | — | — | — | — |
| Line item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Net income | $101.92M | $110.29M | $128.00M | $4.68M |
| Depreciation | — | — | — | — |
| Change in working capital | — | — | — | — |
| Operating cash flow | — | — | — | — |
| Capital expenditure | — | — | — | — |
| Investing cash flow | — | — | — | — |
| Dividends paid | — | — | — | — |
| Buybacks | — | — | — | — |
| Financing cash flow | — | — | — | — |
| Net change in cash | — | — | — | — |
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 upside6.62%
Analyst count6
ConsensusBUY
Strong buy / Buy1 / 3
Hold2
Sell / Strong sell0 / 0
Held by insiders0.62%
Held by institutions51.83%
Institutions holding227
Price targets, consensus spread, insider and institutional ownership.
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 | MURRAY ELIZABETH A. Chief Operating Officer |
BUY | 3.40K | $30.06K | Direct |
| Jun 6, 25 | BYERS STEPHEN ROBERT Director |
BUY | 8.70K | $77.34K | 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 |
Moving averages & technicals
SMA 10
9.36
-0.19% from price
SMA 20
8.95
+4.39% from price
SMA 50
8.61
+8.45% from price
SMA 100
8.64
+8.16% from price
SMA 200
8.74
+6.92% from price
EMA 12
9.23
+1.22% from price
EMA 26
8.97
+4.12% from price
EMA 50
8.78
+6.34% from price
RSI (14)
64.0
Neutral
MACD (12,26,9)
0.26
Hist 0.03
ATR (14)
0.22
2.39% of price
Realised vol 30D
31.7%
Annualised
Bollinger upper
9.91
20, 2σ
Bollinger lower
7.99
20, 2σ
50 / 200 cross
Death
8.61 vs 8.74
Trend bias
Above 200
+6.92%
Risk profile
Beta vs SPY
0.57
Less volatile than market
Correlation to SPY
0.32
Loosely linked
Realised vol 30D
31.7%
Annualised
Market vol 1Y
12.9%
SPY, annualised
Max drawdown 1Y
-19.3%
Peak to trough
Max drawdown 5Y
-37.3%
Peak to trough
ATR 14
0.22
2.39% of price
Beta (reported)
0.66
5Y monthly, from filing
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.
Options analytics
Put / call volume
1.63
Put-heavy session
Put / call open interest
6.18
Positioning, not flow
Max pain
7.50
-19.7% from spot
ATM implied vol
23.8%
Nearest strike to spot
Skew (10% OTM)
+39.8%
Puts bid over calls
Call volume
8
Contracts, this expiry
Put volume
13
Contracts, this expiry
Heaviest call OI
10.00
183 contracts
Heaviest put OI
7.50
1.20K 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.
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.
Headlines
Is the Options Market Predicting a Spike in Barings BDC Stock?
Zacks · 3d ago
Should Value Investors Buy Barings BDC (BBDC) Stock?
Zacks · 12d ago
Barings Bdc Q2 Earnings Call Highlights
MarketBeat · 15d ago
Barings BDC, Inc. Q2 2026 Earnings Call Summary
Moby · 16d ago
Barings BDC (BBDC) Beats Q2 Earnings and Revenue Estimates
Zacks · 17d ago
Barings BDC: Q2 Earnings Snapshot
Associated Press · 17d ago
Barings BDC, Inc. Reports Second Quarter 2026 Results and Announces Quarterly Cash Dividend of $0.26 Per Share
Business Wire · 17d ago
Barings BDC, Inc. Announces Conference Call to Discuss Second Quarter 2026 Results
Business Wire · 39d ago
PRIVATE STRATEGY · BY QUALIFICATION
The same data. A different seat.
The research you are reading is the input layer for a discretionary options program we run for a small number of qualified investors. Minimum $1,000,000.