Golub Capital BDC (NASDAQ:GBDC) Issues Quarterly Earnings Results

Golub Capital BDC (NASDAQ:GBDC) released its quarterly earnings data on Tuesday. The investment management company reported $0.39 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.43 by ($0.04), Zacks reports. Golub Capital BDC had a return on equity of 11.86% and a net margin of 37.78%.

Golub Capital BDC Trading Down 0.4 %

Shares of NASDAQ GBDC traded down $0.06 during mid-day trading on Tuesday, reaching $15.67. The company had a trading volume of 1,190,357 shares, compared to its average volume of 1,287,489. The stock has a market cap of $4.14 billion, a price-to-earnings ratio of 11.11 and a beta of 0.54. Golub Capital BDC has a 52 week low of $14.05 and a 52 week high of $17.72. The business’s 50-day moving average is $15.30 and its 200-day moving average is $15.15. The company has a current ratio of 4.73, a quick ratio of 4.73 and a debt-to-equity ratio of 1.15.

Golub Capital BDC Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 9th were paid a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a dividend yield of 9.96%. The ex-dividend date was Monday, December 9th. Golub Capital BDC’s dividend payout ratio is currently 110.64%.

Wall Street Analyst Weigh In

A number of brokerages have commented on GBDC. StockNews.com raised shares of Golub Capital BDC from a “sell” rating to a “hold” rating in a research note on Friday, November 29th. Wells Fargo & Company lowered their price objective on Golub Capital BDC from $15.50 to $15.00 and set an “equal weight” rating for the company in a research note on Thursday, November 21st. Three research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to data from MarketBeat, Golub Capital BDC has an average rating of “Moderate Buy” and a consensus target price of $16.38.

About Golub Capital BDC

Golub Capital BDC, Inc (GBDC) is a business development company and operates as an externally managed closed-end non-diversified management investment company. It invests in debt and minority equity investments in middle-market companies that are, in most cases, sponsored by private equity investors.