BlackRock Capital’s stock price moves up on an analyst’s belief that a corner has been turned. We share the new outlook and review the credit downsides to allow readers to evaluate both opportunity and risk.
First week of BDC earnings season and the sector moved up in price, but so did the broader indices. We review our regular metrics and several BDC winners and losers from a price standpoint and identify who might move markets in the weeks ahead.
BlacRock Capital adopts the higher leverage allowed by the Small Business Credit Availability Act. We discuss the implications for the BDC of this long-delayed decision and for its shareholders.
This week, the U.S. and China talk trade truce and BDC stock prices jump. However, the BDC Reporter also looks at market prices since earlier in the year and comes to a different outcome. Plus, we review analyst expectations for third quarter results and what could go wrong.
When the broader markets catch a cold the BDC sector sneezes, as this week proves again. Otherwise very little news but plenty to discuss where BDC portfolio companies credit troubles are concerned.
A publicly traded BDC portfolio company is dropping in price and impacting the fair market value of three listed-BDCs for a second quarter in a row.
A BDC winning streak comes to an end this week, but the market remains buoyant nine months into the year. Little in the way of major developments to report, but credit continues to be a source of concern “maybe not today, maybe not tomorrow, but soon”.
After a major dividend cut and a stock price in the basement, an insider at BlackRock Capital buys a large block of stock.
Second quarter 2019 BDC quarterly results summarized for BlackRockCapital, which were poor. Another in a new series that will eventually cover every BDC we track.
Nine BDCs have reported earnings through the close on August 2, 2018. We’ve got the highlights, the lowlights and an early idea of where the BDC sector is headed.
A mixed week in the BDC sector but the trend is still to the upside. The BDC Reporter also discusses the monumental changes underway amongst the bigger BDCs and what that might mean for the future.
Mixed messages about the short term direction of the BDC Sector. The BDC Reporter, though, quantifies how drastically the shape of the sector will change in the next 2 years and which could yet cause BDC prices to shift.
Another good week for the BDC Sector and most of its constituents, as the rally marches on. We discuss myriad metrics and look at the length of the runway.
The BDC Common stock rally hangs in there for another week. The BDC Reporter – in a thoughtful mood – looks backwards and forwards at both stock prices and credit risk.