Loading…
Loading…
Sell-side consensus EPS, revenue estimates, YoY growth, forward P/E, and per-year analyst coverage — for any covered stock.
Click below to see what's inside, then upgrade to unlock for this and 80,000+ other tickers.
A year-by-year projected price path from the sell-side EPS consensus, with an editable target P/E and the implied annual return from today's price.
Click below to see what's inside, then upgrade to unlock for KBDC and 80,000+ other tickers.
See price against where its own fundamentals say it should trade — the shaded gap is the discount or premium, across five valuation lenses.
Click below to see what's inside, then upgrade to unlock for KBDC and 80,000+ other tickers.
See exactly how KBDC's revenue becomes profit — a Sankey that traces revenue (and its reported segments) through gross profit, operating expenses, and net profit, with the year-over-year change on every line.
The same diagram the Chart Builder draws, right on the Summary tab. Upgrade to unlock it for KBDC and 80,000+ other tickers.
Kayne Anderson BDC, Inc. is business development company and an externally managed, closed-end, non-diversified management investment company that intends to elect to be regulated as a BDC under the 1940 Act. The fund seeks to make investments in middle-market companies. It also makes debt investments in middle-market companies and investing primarily in first lien senior secured, unitranche, and split-lien loans to privately held middle-market companies. The fund considers between 80% and 90% of its portfolio (including investments purchased with proceeds from borrowings) will be invested in…
Kayne Anderson BDC, Inc. (NYSE: KBDC - Get Free Report) saw a significant decrease in short interest during the month of August. As of August 14th, there was short interest totaling 324,408 shares, a decrease of 36.3% from the July 30th total of 509,193 shares. Approximately 0.5% of the shares of the stock are sold short.
Kayne Anderson BDC remains a buy, supported by stable NII, strong dividend coverage, and prudent balance sheet management. KBDC's NII rose 5% year-over-year to $0.42 per share, maintaining a 105% dividend coverage ratio despite a modest increase in non-accruals. Portfolio diversification is robust, with top 10 investments under 20% of assets and average borrower exposure around 1%, mitigating credit risk.
Externally managed BDCs face structural challenges, notably high fees and misaligned incentives, making them difficult portfolio inclusions. I favor internally managed BDCs for long-term value, but selectively own some external names as well. There could be two motives for owning external ones: 1) tactical trades (high risk, high retur) and 2) long-term income compounding.
KBDC stands out as a rare externally managed BDC worth holding, despite typical structural drawbacks. Recent Q2 results showed declining NII and NAV, higher leverage, and increased non-accruals, but underlying drivers suggest near-term improvement. KBDC trades at a 15% discount to NAV, with NII per share expected to rise next quarter due to portfolio rotation and higher spreads.
Kayne Anderson BDC NYSE: KBDC reported second-quarter 2026 net investment income of $0.42 per share, exceeding its quarterly dividend by $0.02 per share, while net asset value declined amid realized and unrealized portfolio losses and the completion of its exit from broadly syndicated loans.