Golub Capital BDC (NASDAQ:GBDC) Issues Earnings Results, Misses Estimates By $0.04 EPS

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

Golub Capital BDC Trading Up 0.2 %

GBDC traded up $0.03 during midday trading on Thursday, hitting $15.34. The company’s stock had a trading volume of 172,698 shares, compared to its average volume of 1,328,187. The firm has a market cap of $4.05 billion, a P/E ratio of 10.88 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 company has a current ratio of 4.73, a quick ratio of 4.73 and a debt-to-equity ratio of 1.15. The firm has a 50-day moving average price of $15.30 and a two-hundred day moving average price of $15.16.

Golub Capital BDC Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 28th. Shareholders of record on Monday, March 3rd will be paid a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a yield of 10.17%. The ex-dividend date is Monday, March 3rd. Golub Capital BDC’s payout ratio is 110.64%.

Analyst Ratings Changes

GBDC has been the subject of several research analyst reports. StockNews.com upgraded Golub Capital BDC from a “sell” rating to a “hold” rating in a research report on Friday, November 29th. Wells Fargo & Company reduced their target price on Golub Capital BDC from $15.50 to $15.00 and set an “equal weight” rating on the stock in a research note on Thursday, November 21st. Three equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $16.38.

Golub Capital BDC Company Profile

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.