Most everything went as expected when Capital Southwest reported its calendar IIIQ 2024 results, with one notable exception that has weighed on the BDC’s stock price.
One BDC has reached a new 52 week price and two at a new 52-week low.
This was an unusually quiet week for BDC stock prices and for BDC news but the BDC Reporter has still found some interesting items to discuss on the eve of IIIQ 2024 earnings season.
Continuing our limited series, we look at another troubled BDC portfolio company likely to impact IIIQ 2024 results for two BDCs.
Goldman Sachs BDC has been under-performing of late where some of its fundamentals are concerned and this is becoming increasingly reflected in its stock price. Could matters get worse?
We assess what the impact of the failure of Pluralsight – a portfolio company of multiple BDCs – might have in the coming IIIQ 2024 – and beyond.
The BDC Reporter delves into many aspects of Capital Southwest’s recent and long term financial performance in order to project what to expect from the BDC when IIIQ 2024 results are revealed next Monday.
The major indices remain on fire and the BDC sector – this week anyway – as well. We review the latest metrics, discuss sector performance YTD and muse about what earnings season might bring.
Horizon Technology – best with credit challenges – has chosen to issue a small amount of convertible debt. We review the details and the implications.
In anticipation of BDC earnings season, we preview how Barings BDC might perform across a range of metrics and both in the coming results and longer-term.
We de-construct Main Street Capital’s preliminary IIIQ 2024 results at a time when the much-loved BDC is trading close to its all-time high and at multiples its peers can only dream of.
We re-publish two articles from the BDC Credit Reporter about recent bankruptcies of FS-KKR Capital and discuss the BDC’s recent credit metrics.
The major indices remain red hot but the BDC sector continues to drag. We discuss the principal winners and losers this week and muse about what may lie further ahead.
Saratoga Investment is traditionally the first BDC to report its results (or the last, depending on your perspective). For the 3 months through August 2024 the BDC seems to be back on track after several quarters of underwhelming overall results.
A somewhat strange week with the BDC sector overall up in price but its components suggesting weakness. We review the data and look forward to earnings season which might clarify matters.
We offer up projections for how Ares Capital might perform when the BDC reports its results for the IIIQ 2024 on October 30, 2024.
We re-publishing an article from the BDC Credit Reporter about developments at an under-performing logistics company whose debt is held by 6 public BDCs from our coverage universe.
Prospect Capital has been around for 20 years and is celebrating itself in a press release. We have a look at how shareholders have fared over multiple periods.
For a third week in a row, BDC sector prices are up but still greatly lags behind the broader markets. We take a snapshot of where we stand as the third quarter of 2024 comes to a close.
There have been some ominous warnings made about the outlook for private credit of late, two of which are quoted here. We have a dispassionate look and discuss how BDC investors might fare.