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Kayne Anderson BDC, Inc. (KBDC)
:KBDC
RESEARCH TOOLSreports
Earnings Data
Report Date
Aug 19, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.4Last Year’s EPS
0.51Same Quarter Last Year
Moderate Buy
Based on 5 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 12, 2025
|% Change Since: -0.94%
|Next Earnings Date:Aug 19, 2025
Earnings Call Sentiment|Positive
The call highlighted strong performance in the first quarter with record deployment and substantial dividends. The portfolio remains robust with minimal non-accrual issues and strong origination pipelines. However, challenges include the expiration of fee waivers impacting income and some unrealized losses. Despite these, the overall outlook remains positive with strategic plans to increase leverage and continue growth.Company Guidance
During Kayne Anderson BDC Inc.'s first quarter 2025 earnings call, the company reported strong financial and investment activity metrics. They achieved a net investment income of $0.40 and a net income of $0.31 per share, while distributing a regular dividend of $0.40 per share and a special dividend of $0.10 per share. The company reported total commitments of $340 million, with $264 million funded, marking a 113% increase in commitments compared to the first quarter of 2024. Their net funded deployment stood at $181 million, boosting their debt-to-equity ratio to 0.86 times. The diverse portfolio consists of 116 companies valued at $2.2 billion in fair market funded investments, with a weighted average yield of approximately 10.4%. KBDC plans to reach a target debt-to-equity ratio of 1 to 1.25 times within the next two quarters and continues to focus on high-quality middle market loans with a spread of approximately 550 basis points over SOFR.Strong First Quarter Deployment
The first quarter of 2025 marked the strongest deployment since inception for KBDC, with $340 million in total commitments across 16 businesses, a 113% increase from the first quarter of 2024.
Record Dividends
Distributed a $0.40 per share regular dividend and a $0.10 per share special dividend, with an estimated spillover of net investment income of $0.22 per share.
High-Quality Portfolio Composition
KBDC's portfolio includes 116 portfolio companies with a fair market value of $2.2 billion and a weighted average yield of approximately 10.4%.
Low Non-Accrual Rate
Only 1.6% of total debt investments at fair value are non-accrual, represented by only four positions out of 116.
Strong Origination Pipeline
Closed or in the process of closing an additional $150 million in funding since March 31, 2025, indicating a strong start to the year.
Increased Debt Utilization
Increased credit facility borrowings and amended credit facilities to extend maturity dates, increase capacity, and decrease interest rates.
KBDC Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
KBDC Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 12, 2025 | $15.93 | $15.80 | -0.82% |
Mar 03, 2025 | $16.50 | $15.93 | -3.45% |
Nov 13, 2024 | $15.61 | $15.48 | -0.83% |
Aug 13, 2024 | $14.54 | $14.59 | +0.34% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Kayne Anderson BDC, Inc. (KBDC) report earnings?
Kayne Anderson BDC, Inc. (KBDC) is schdueled to report earning on Aug 19, 2025, TBA Not Confirmed.
What is Kayne Anderson BDC, Inc. (KBDC) earnings time?
Kayne Anderson BDC, Inc. (KBDC) earnings time is at Aug 19, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is KBDC EPS forecast?
KBDC EPS forecast for the fiscal quarter 2025 (Q2) is 0.4.