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BCP Investment Corp. (BCIC)

Financial Services | Asset Management | New York, United States | NasdaqGS
7.78 USD +0.11 (1.434%) ⇧ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 7.78

Short-term:★★⯪☆☆Long-term:★☆☆☆☆Dividends:★★☆☆☆
Hot Take | Aug. 22, 2026, 4:16 a.m. EDT

The investment case here is fundamentally broken despite the attractive headline yield. The company is reporting negative earnings and a return on equity of -2.3%, while the stock has suffered a catastrophic 70% decline over the last nine years. Crucially, the trailing twelve months show four consecutive years of negative price performance, confirming a deep structural deterioration in the business. The 14% dividend yield is a trap; it is being funded by a payout ratio of only 7.6%, which implies the company is paying out far more than its earnings generate, likely eroding book value. While the CEO recently bought shares, this is a tiny drop in the ocean compared to the massive debt load and shrinking revenue base. The options market agrees with the bearish thesis, with heavy put buying at current lows and almost no call interest. This is not a value opportunity; it is a deteriorating asset with a broken capital structure.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoARIMA ✓0.037489
MSTL0.039622
AutoETS0.039654
AutoTheta0.069648

Forecast horizon: 45 days | Selected: AutoARIMA

Forecast Reliability
Score 49%
H-stat 8.00
Ljung-Box p 0.000
Jarque-Bera p 0.303
Excess Kurtosis -1.13
Attribute Value
Sector Financial Services
Ex Dividend Date 2026-09-14
Last Dividend Date 2026-08-13
Debt to Equity Ratio 156.468
Revenue per Share 5.488
Market Cap 96,344,816
Forward P/E 5.37
Beta 0.43
Profit Margins -5.72%
Previous Name Portman Ridge Finance Corporation
Website https://www.portmanridge.com

As of Aug. 22, 2026, 4:16 a.m. EDT: Speculators are positioning for continued weakness. Put open interest is heavily skewed out-of-the-money (OTM) across all expirations, with massive concentration at the $7.50 strike, suggesting a floor or capitulation point. Conversely, call activity is sparse and heavily OTM, indicating a lack of bullish conviction. The implied volatility skew shows significantly higher pricing for downside protection compared to upside potential, reflecting a market consensus of further declines rather than a rebound.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
1.18% 14.09% 14.85% 13.69%
Dividend History
Date Dividend Yield %
2026-08-14 0.09 1.176471
2026-07-15 0.09 1.211306
2026-06-15 0.09 1.206434
2026-05-18 0.03 0.393701
2026-05-15 0.09 1.173403
2026-04-15 0.09 1.136364
2026-03-16 0.32 4.030227
2025-11-17 0.47 3.760000
2025-08-18 0.49 4.016394
2025-05-19 0.47 3.790323
2025-03-24 0.54 3.653586
2024-11-19 0.69 3.981535
2024-08-22 0.69 3.683930
2024-05-20 0.69 3.506098
2024-03-22 0.69 3.693790
2023-11-17 0.69 4.134212
2023-08-21 0.69 3.483089
2023-05-19 0.69 3.409091
2023-03-17 0.68 3.300971
2022-11-22 0.67 3.038549
2022-08-15 0.63 2.685422
2022-05-23 0.63 2.846814
2022-03-18 0.63 2.667231
2021-11-12 0.62 2.475050
2021-08-16 0.60 2.448980
2021-05-18 0.60 2.553191
2021-02-19 0.60 2.985075
2020-10-23 0.60 4.316547
2020-08-14 0.60 5.000000
2020-05-06 0.60 5.405405
2020-02-14 0.60 2.586207
2019-11-14 0.60 2.777778
2019-08-09 0.60 2.575107
2019-04-04 1.00 3.174603
2019-04-02 6.70 21.202531
2019-01-04 1.00 2.881844
2018-10-05 1.00 3.058104
2018-07-05 1.00 3.086420
2018-04-05 1.00 3.144654
2018-01-04 1.00 2.898551
2017-10-06 1.20 3.183024
2017-07-05 1.20 3.399434
2017-04-05 1.20 3.045685
2017-01-04 1.20 2.933985
2016-10-12 1.50 3.325942
2016-07-05 1.50 3.865979
2016-04-05 1.50 4.451038
2016-01-04 1.50 3.731343
2015-10-09 2.10 4.000000
2015-07-01 2.10 3.677758
2015-04-01 2.10 3.281250
2014-12-24 2.50 3.597122
2014-10-09 2.50 3.180662
2014-07-01 2.50 3.008424
2014-04-02 2.50 2.944641
2013-12-24 2.50 3.015681
2013-10-04 2.50 2.896871
2013-07-02 2.80 2.654028
2013-04-03 2.80 2.766799
2012-12-26 2.80 3.030303
2012-10-05 2.40 2.545069
2012-07-03 2.40 3.234501
2012-04-03 1.80 2.631579
2011-12-21 1.80 2.694611
2011-10-05 1.80 3.114187
2011-07-06 1.70 2.063107
2011-04-06 1.70 2.151899
2010-12-21 1.70 2.442529
2010-10-06 1.70 2.556391
2010-07-02 1.70 3.594080
2010-04-05 1.70 2.905983
2009-12-23 2.00 3.960396
2009-10-07 2.40 4.203152
2009-07-07 2.40 4.067797
2009-04-06 2.40 6.153846
2008-12-29 2.70 7.826087
2008-10-07 3.50 5.520505
2008-07-07 4.10 4.669704
2008-04-04 4.10 4.011742
2008-04-01 0.15 0.141777
2007-12-20 3.90 3.152789
2007-10-05 3.70 2.410423
2007-07-05 3.50 1.888829
2007-04-03 2.90 1.715976
Additional Data
dividendRate 1.08
dividendYield 14.08
exDividendDate 2026-09-15
trailingAnnualDividendRate 1.33
trailingAnnualDividendYield 0.17340288
lastDividendValue 0.09
lastDividendDate 2026-08-14
dividendDate 2026-12-30

Info Dump

Attribute Value
52 Week Change -0.36019737
Address1 650 Madison Avenue
Address2 3rd Floor
All Time High 200.9
All Time Low 6.7
Ask 7.35
Ask Size 1
Average Analyst Rating 2.5 - Buy
Average Daily Volume10 Day 49,070
Average Daily Volume3 Month 58,492
Average Volume 58,492
Average Volume10Days 49,070
Beta 0.431
Bid 7.63
Bid Size 3
Book Value 14.494
City New York
Compensation As Of Epoch Date 1,767,139,200
Country United States
Crypto Tradeable 0
Currency USD
Current Price 7.78
Current Ratio 0.159
Custom Price Alert Confidence HIGH
Date Short Interest 1,786,665,600
Day High 7.82
Day Low 7.68
Debt To Equity 156.468
Display Name BCP Inv
Dividend Date 1,798,588,800
Dividend Rate 1.08
Dividend Yield 14.08
Earnings Call Timestamp End 1,786,114,800
Earnings Call Timestamp Start 1,786,114,800
Earnings Timestamp 1,786,046,400
Earnings Timestamp End 1,793,908,800
Earnings Timestamp Start 1,793,908,800
Ebitda Margins 0.0
Enterprise To Revenue 5.416
Enterprise Value 374,613,824
Eps Current Year 1.615
Eps Forward 1.4475
Eps Trailing Twelve Months -0.08
Esg Populated 0
Ex Dividend Date 1,789,430,400
Exchange NMS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fax 646 768 1698
Fifty Day Average 7.3646
Fifty Day Average Change 0.41540003
Fifty Day Average Change Percent 0.056404967
Fifty Two Week Change Percent -36.019737
Fifty Two Week High 13.5
Fifty Two Week High Change -5.72
Fifty Two Week High Change Percent -0.4237037
Fifty Two Week Low 6.7
Fifty Two Week Low Change 1.0800004
Fifty Two Week Low Change Percent 0.1611941
Fifty Two Week Range 6.7 - 13.5
Financial Currency USD
First Trade Date Milliseconds 1,165,933,800,000
Five Year Avg Dividend Yield 14.29
Forward Eps 1.4475
Forward P E 5.3747845
Free Cashflow 27,055,876
Full Exchange Name NasdaqGS
Fullday Change 0.11
Fullday Change Percent 1.43416
Fullday Price 7.78
Gmt Off Set Milliseconds -14,400,000
Gross Margins 1.0
Gross Profits 69,167,000
Has Pre Post Market Data 1
Held Percent Insiders 0.012159999
Held Percent Institutions 0.14045
Implied Shares Outstanding 12,383,652
Industry Asset Management
Industry Disp Asset Management
Industry Key asset-management
Is Earnings Date Estimate 1
Language en-US
Last Dividend Date 1,786,665,600
Last Dividend Value 0.09
Last Fiscal Year End 1,767,139,200
Last Split Date 1,629,936,000
Last Split Factor 1:10
Long Business Summary BCP Investment Corp. is a business development company specializing in investments in unitranche loans (including last out), first lien loans, second lien loans, subordinated debt, equity co-investment, mezzanine, buyout in middle market companies. It also makes acquisitions in businesses complementary to the firm's business. The fund primarily invests in healthcare, cargo transport, manufacturing, industrial & environmental services, logistics & distribution, media & telecommunications, real estate, education, automotive, agriculture, aerospace/defense, packaging, electronics, finance, non-durable consumer, consumer products, business services, utilities, insurance, and food and beverage sectors. The fund typically invests $1 million to $20 million in its portfolio companies. The fund provides senior secured term loans from $2 million to $20 million maturing in five to seven years; second lien term loans from $5 million to $15 million maturing in six to eight years; senior unsecured loans $5 million to $23 million maturing in six to eight years; mezzanine loans from $5 million to $15 million maturing in seven to ten years; and equity investments from $1 to $5 million. The fund targets the companies with EBITDA between $5 million and $25 million. While investing in debt securities, it invests in those middle market firms with EBITDA between $10 million and $50 million and/or total debt between $25 million and $150 million. The fund invests in minority, and majority or control equity positions alongside its private equity sponsor partners.
Long Name BCP Investment Corp.
Market us_market
Market Cap 96,344,816
Market State CLOSED
Max Age 86,400
Message Board Id finmb_30642550
Most Recent Quarter 1,782,777,600
Name Change Date 2,026-08-29
Net Income To Common -3,955,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 94,982,610
Number Of Analyst Opinions 3
Open 7.68
Operating Cashflow 92,981,000
Operating Margins 0.75358003
Payout Ratio 7.6087
Peg Ratio 0.6
Phone 212 891 2880
Post Market Change 0.0
Post Market Change Percent 0.0
Post Market Price 7.78
Post Market Time 1,787,959,805
Prev Name Portman Ridge Finance Corporation
Previous Close 7.67
Price Eps Current Year 4.8173375
Price Hint 2
Price To Book 0.53677386
Price To Sales Trailing12 Months 1.3929304
Profit Margins -0.05718
Quick Ratio 0.095
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key buy
Recommendation Mean 2.5
Region US
Regular Market Change 0.11
Regular Market Change Percent 1.43416
Regular Market Day High 7.82
Regular Market Day Low 7.68
Regular Market Day Range 7.68 - 7.82
Regular Market Open 7.68
Regular Market Previous Close 7.67
Regular Market Price 7.78
Regular Market Time 1,787,947,201
Regular Market Volume 107,252
Return On Assets 0.07308
Return On Equity -0.02298
Revenue Growth 0.201
Revenue Per Share 5.488
Sand P52 Week Change 0.20204377
Sector Financial Services
Sector Disp Financial Services
Sector Key financial-services
Shares Outstanding 12,383,652
Shares Percent Shares Out 0.0076
Shares Short 94,514
Shares Short Previous Month Date 1,784,073,600
Shares Short Prior Month 120,219
Short Name BCP Investment Corporation
Short Percent Of Float 0.0077
Short Ratio 1.74
Source Interval 15
State NY
Symbol BCIC
Target High Price 11.0
Target Low Price 7.5
Target Mean Price 9.83333
Target Median Price 11.0
Total Cash 2,532,000
Total Cash Per Share 0.204
Total Debt 280,800,992
Total Revenue 69,167,000
Tradeable 0
Trailing Annual Dividend Rate 1.33
Trailing Annual Dividend Yield 0.17340288
Trailing Eps -0.08
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 9.42875
Two Hundred Day Average Change -1.6487498
Two Hundred Day Average Change Percent -0.1748641
Type Disp Equity
Volume 107,252
Website https://www.portmanridge.com
Zip 10,022