BCSF
Bain Capital Specialty Finance, Inc.
NYSEUSDEQUITY
Financial Services
DELAYED
Sell
-49/100
Last price
10.82
▼ 0.08 (0.73%)
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
10.98
Prev close
10.90
Day high
11.00
Day low
10.82
Volume
477.54K
Market cap
$701.88M
P/E (TTM)
10.93
52W range
10.82 – 14.70
Day trading desk
Gap from prior close
+0.73%
Prior close 10.90
VWAP
10.85
-0.31% from price
Relative volume
3.88×
Unusually busy
Session range
1.66%
10.82 – 11.00
Position in range
0%
Near session low
ATR (14D)
0.24
2.21% of price
Prior day high
11.25
PDH
Prior day low
10.89
PDL
Bid / ask spread
—
Quote not published
Session volume
1.67M
Avg 429.00K
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
-3.65%
-5.6%
1M
-8.46%
-9.6%
3M
-14.60%
-19.1%
6M
-13.37%
-31.6%
YTD
-22.21%
-36.5%
1Y
-22.99%
-39.4%
3Y
-29.33%
-111.6%
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 BCSF 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
452.13K
Total on file
Insider transactions
| Date | Insider | Action | Shares | Value | Held |
|---|---|---|---|---|---|
| Mar 3, 26 | RUSNAK-CARLSON SABRINA General Counsel |
BUY | 2.30K | $28.86K | Direct |
| Mar 17, 25 | RICHER CLARE STACK Director |
BUY | 1.53K | $25.14K | 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 |
|---|---|---|---|
RICHER CLARE STACK |
Director | 20.83K | Purchase |
RUSNAK-CARLSON SABRINA |
General Counsel | 9.56K | Purchase |
Fundamentals
Market cap$701.88M
Enterprise value$2.09B
Revenue (TTM)$263.96M
Gross profit$263.96M
EBITDA—
Net income$63.93M
EPS (TTM)$0.99
Free cash flow$127.14M
Total cash$113.03M
Total debt$1.50B
Book value / share$16.66
Shares outstanding64.87M
Float—
Short % of float3.02%
Dividend yield15.53%
Beta (5Y)0.65
Valuation & profitability ratios
Trailing P/E10.93
Forward P/E8.09
PEG ratio1.05
Price / sales—
Price / book0.65
EV / revenue7.92
EV / EBITDA—
Gross margin100.00%
Operating margin80.20%
Profit margin24.22%
Return on equity5.76%
Return on assets4.61%
Debt / equity138.95
Current ratio6.57
Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.
Financial statements
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Total revenue | $114.51M | $138.19M | $137.99M | $116.51M | -17.1% |
| Operating revenue | $114.51M | $138.19M | $137.99M | $116.51M | -17.1% |
| Selling, general & admin | $12.00M | $14.30M | $11.26M | $9.44M | -16.1% |
| Total operating expense | $12.00M | $14.30M | $11.26M | $10.19M | -16.1% |
| Pre-tax income | $102.51M | $123.89M | $126.73M | $106.32M | -17.3% |
| Tax provision | $3.75M | $4.47M | $3.36M | $837.00K | -16.1% |
| Net income | $98.76M | $119.42M | $123.38M | $105.48M | -17.3% |
| Net income to common | $98.76M | $119.42M | $123.38M | $105.48M | -17.3% |
| Basic EPS | 1.53 | 1.85 | 1.91 | 1.63 | -17.3% |
| Diluted EPS | 1.53 | 1.85 | 1.91 | 1.63 | -17.3% |
| Basic shares | 64.82M | 64.56M | 64.56M | 64.56M | +0.4% |
| Diluted shares | 64.82M | 64.56M | 64.56M | 64.56M | +0.4% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Cash & equivalents | $26.24M | $53.52M | $49.40M | $59.78M | -51.0% |
| Total assets | $2.66B | $2.63B | $2.47B | $2.59B | +1.2% |
| Total debt | $1.47B | $1.39B | $1.26B | $1.39B | +5.8% |
| Total liabilities | $1.55B | $1.49B | $1.34B | $1.48B | +3.5% |
| Retained earnings | -$43.77M | -$19.89M | -$31.98M | -$52.06M | -120.1% |
| Shareholder equity | $1.12B | $1.14B | $1.14B | $1.12B | -2.0% |
| Net tangible assets | $1.12B | $1.14B | $1.14B | $1.12B | -2.0% |
| Shares issued | 64.87M | 64.56M | 64.56M | 64.56M | +0.5% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Net income | $98.76M | $119.42M | $123.38M | $105.48M | -17.3% |
| Change in working capital | $10.92M | $2.92M | $9.26M | -$8.35M | +274.7% |
| Operating cash flow | $29.52M | -$27.10M | $219.26M | -$316.83M | +209.0% |
| Dividends paid | -$145.82M | -$114.28M | -$99.43M | -$87.80M | -27.6% |
| Financing cash flow | -$71.88M | $14.25M | -$231.43M | $238.33M | -604.4% |
| Free cash flow | $29.52M | -$27.10M | $219.26M | -$316.83M | +209.0% |
| End cash position | $58.91M | $99.07M | $112.48M | $125.73M | -40.5% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | YoY |
|---|---|---|---|---|---|---|---|
| Total revenue | $17.34M | $7.25M | $31.44M | $22.36M | $27.62M | — | +139.3% |
| Operating revenue | $17.34M | $7.25M | $31.44M | $22.36M | $27.62M | — | +139.3% |
| Selling, general & admin | $2.55M | $2.95M | $2.86M | $2.86M | $2.82M | — | -13.4% |
| Total operating expense | $2.55M | $2.95M | $2.86M | $2.86M | $2.82M | — | -13.4% |
| Pre-tax income | $14.79M | $4.30M | $28.58M | $19.50M | $24.80M | — | +244.2% |
| Tax provision | $732.00K | $906.00K | $800.00K | $801.00K | $1.08M | — | -19.2% |
| Net income | $14.05M | $3.39M | $27.78M | $18.70M | $23.72M | — | +314.6% |
| Net income to common | $14.05M | $3.39M | $27.78M | $18.70M | $23.72M | — | +314.6% |
| Basic EPS | 0.22 | 0.05 | — | 0.29 | 0.37 | 0.44 | +340.0% |
| Diluted EPS | 0.22 | 0.05 | — | 0.29 | 0.37 | 0.44 | +340.0% |
| Basic shares | 64.87M | 64.87M | — | 64.87M | 64.87M | 64.68M | 0.0% |
| Diluted shares | 64.87M | 64.87M | — | 64.87M | 64.87M | 64.68M | 0.0% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Cash & equivalents | $112.14M | $16.59M | $26.24M | $60.60M | $37.58M | +575.8% |
| Total assets | $2.62B | $2.60B | $2.66B | $2.72B | $2.77B | +0.7% |
| Total debt | $1.50B | $1.45B | $1.47B | $1.50B | $1.56B | +3.2% |
| Total liabilities | $1.54B | $1.51B | $1.55B | $1.59B | $1.64B | +2.1% |
| Retained earnings | -$80.81M | -$67.62M | -$43.77M | -$35.56M | -$25.07M | -19.5% |
| Shareholder equity | $1.08B | $1.09B | $1.12B | $1.13B | $1.14B | -1.2% |
| Net tangible assets | $1.08B | $1.09B | $1.12B | $1.13B | $1.14B | -1.2% |
| Shares issued | 64.87M | 64.87M | 64.87M | 64.87M | 64.87M | 0.0% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Net income | $14.05M | $3.39M | $27.78M | $18.70M | $23.72M | +314.6% |
| Change in working capital | -$15.08M | -$1.63M | -$26.03M | $21.35M | -$1.30M | -825.1% |
| Operating cash flow | $70.79M | $26.64M | $27.15M | $9.00M | $646.00K | +165.8% |
| Dividends paid | -$27.25M | -$36.98M | -$29.19M | -$29.19M | -$29.19M | +26.3% |
| Financing cash flow | $26.75M | -$51.29M | -$54.81M | -$96.86M | $77.81M | +152.2% |
| Free cash flow | $70.79M | $26.64M | $27.15M | $9.00M | $646.00K | +165.8% |
| End cash position | $130.61M | $34.19M | $58.91M | $86.77M | $174.49M | +282.0% |
Options analytics
Put / call volume
0.53
Call-heavy session
Put / call open interest
—
Positioning, not flow
Max pain
2.50
-76.9% from spot
ATM implied vol
0.0%
Nearest strike to spot
Skew (10% OTM)
-12.5%
Calls bid over puts
Call volume
119
Contracts, this expiry
Put volume
63
Contracts, this expiry
Heaviest call OI
2.50
0 contracts
Heaviest put OI
7.50
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 | 0.42 | 0.44 | +3.9% |
| Mar 2026 | 0.42 | 0.42 | -0.8% |
| Dec 2025 | 0.47 | 0.46 | -2.1% |
| Sep 2025 | 0.45 | 0.45 | 0.0% |
Forward consensus
| Period | EPS | Analysts | Revenue | Growth |
|---|---|---|---|---|
| Current quarter | 0.43 | 4 | $61.03M | -9.2% |
| Next quarter | 0.35 | 4 | $60.06M | -12.0% |
| Current year | 1.64 | 4 | $249.76M | -8.6% |
| Next year | 1.34 | 4 | $235.87M | -5.6% |
Analyst targets & ownership
Mean target$12.63
High target$13.00
Low target$12.00
Implied upside16.68%
Analyst count4
ConsensusNONE
Strong buy / Buy0 / 0
Hold4
Sell / Strong sell0 / 0
Held by insiders0.70%
Held by institutions59.16%
Institutions holding158
Price targets, consensus spread, insider and institutional ownership.
Moving averages & technicals
SMA 10
11.05
-2.11% from price
SMA 20
11.17
-3.11% from price
SMA 50
11.86
-8.79% from price
SMA 100
12.32
-12.21% from price
SMA 200
12.77
-15.24% from price
EMA 12
11.08
-2.34% from price
EMA 26
11.33
-4.51% from price
EMA 50
11.69
-7.43% from price
RSI (14)
30.4
Neutral
MACD (12,26,9)
-0.25
Hist 0.01
ATR (14)
0.24
2.21% of price
Realised vol 30D
16.9%
Annualised
Bollinger upper
11.53
20, 2σ
Bollinger lower
10.81
20, 2σ
50 / 200 cross
Death
11.86 vs 12.77
Trend bias
Below 200
-15.24%
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
0.64
Less volatile than market
Correlation to SPY
0.36
Loosely linked
Realised vol 30D
16.9%
Annualised
Market vol 1Y
13.0%
SPY, annualised
Max drawdown 1Y
-25.9%
Peak to trough
Max drawdown 5Y
-43.3%
Peak to trough
ATR 14
0.24
2.21% of price
Beta (reported)
0.65
5Y monthly, from filing
Short interest
Shares short
1.65M
Prior 1.38M
Change vs prior
+19.6%
Shorts adding
% of float
3.02%
Normal
% of shares out
2.54%
Against total outstanding
Days to cover
3.4
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 |
|---|---|---|---|---|
| Sep 18, 26 | LUCID CAPITAL MARKETS | INITIATED | — | Neutral |
| Aug 17, 26 | Keefe, Bruyette & Woods | DOWNGRADE | Outperform | Market Perform |
| Aug 12, 26 | Wells Fargo | MAINTAINED | Equal-Weight | Equal-Weight |
| Mar 3, 26 | Keefe, Bruyette & Woods | MAINTAINED | Outperform | Outperform |
| Mar 3, 26 | Wells Fargo | MAINTAINED | Equal-Weight | Equal-Weight |
| Jan 7, 26 | Wells Fargo | DOWNGRADE | Overweight | Equal-Weight |
| Dec 19, 25 | Keefe, Bruyette & Woods | UPGRADE | Market Perform | Outperform |
| Nov 13, 25 | Keefe, Bruyette & Woods | MAINTAINED | Market Perform | Market Perform |
| Nov 12, 25 | Wells Fargo | MAINTAINED | Overweight | Overweight |
| Apr 28, 25 | Wells Fargo | MAINTAINED | Overweight | Overweight |
| Apr 8, 25 | Keefe, Bruyette & Woods | MAINTAINED | Market Perform | Market Perform |
| Mar 4, 25 | Keefe, Bruyette & Woods | MAINTAINED | Market Perform | Market Perform |
Dividends & splits
Forward rate$1.68 / yr
Forward yield15.53%
5-year avg yield10.48%
Payout ratio169.70%
Ex-dividend dateSep 15, 2026
Next pay dateSep 29, 2026
Last split1019:1000
Split dateMay 12, 2020
SEC filings
Corporate Changes & Voting Matters
8-K · 2026-08-10
Corporate Changes & Voting Matters
8-K · 2026-07-31
Corporate Changes & Voting Matters
8-K · 2026-07-23
Corporate Changes & Voting Matters
8-K · 2026-05-22
Corporate Changes & Voting Matters
8-K · 2026-05-12
Periodic Financial Reports
10-Q · 2026-05-11
Corporate Changes & Voting Matters
8-K · 2026-04-29
Proxy Statements
DEF 14A · 2026-04-20
Headlines
New Strong Sell Stocks for September 23rd
Zacks · 14d ago
Bain Capital Specialty Finance (BCSF) Stock Fair Value Falls As Analysts Cut Outlook
Simply Wall St. · 49d ago
Bain Capital Specialty Finance Inc (BCSF) (Q2 2026) Earnings Call Highlights: Solid NII ...
GuruFocus.com · 56d ago
Bain Capital Specialty Finance Q2 Earnings Call Highlights
MarketBeat · 57d ago
Bain Capital Specialty Finance, Inc. Q2 2026 Earnings Call Summary
Moby · 57d ago
Bain Capital Specialty Finance Q2 Net Investment Income, Total Investment Income Falls
MT Newswires · 57d ago
Bain Capital Specialty Finance, Inc. Announces June 30, 2026 Financial Results and Declares Third Quarter 2026 Dividend of $0.42 per Share
Business Wire · 57d ago
Bain Capital Specialty: Q2 Earnings Snapshot
Associated Press · 57d 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.