Golub Capital BDC (GBDC) to Release Earnings on Tuesday

Golub Capital BDC (NASDAQ:GBDC – Get Rating) is set to post its quarterly earnings results after the market closes on Tuesday, May 10th. Analysts expect Golub Capital BDC to post earnings of $0.31 per share for the quarter.

Golub Capital BDC (NASDAQ:GBDC – Get Rating) last released its quarterly earnings data on Wednesday, February 9th. The investment management company reported $0.31 EPS for the quarter, topping the consensus estimate of $0.30 by $0.01. Golub Capital BDC had a return on equity of 7.82% and a net margin of 96.64%. The company had revenue of $86.57 million during the quarter, compared to the consensus estimate of $90.14 million. During the same period last year, the company earned $0.29 EPS. On average, analysts expect Golub Capital BDC to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

NASDAQ GBDC opened at $14.93 on Tuesday. Golub Capital BDC has a one year low of $14.57 and a one year high of $16.23. The stock has a 50-day moving average of $15.22 and a 200 day moving average of $15.41. The company has a market capitalization of $2.55 billion, a price-to-earnings ratio of 8.16 and a beta of 0.59. The company has a debt-to-equity ratio of 1.09, a quick ratio of 7.49 and a current ratio of 7.49.

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 29th. Investors of record on Friday, March 4th were issued a $0.30 dividend. The ex-dividend date of this dividend was Thursday, March 3rd. This represents a $1.20 annualized dividend and a yield of 8.04%. Golub Capital BDC’s payout ratio is 65.57%.

A number of equities research analysts have issued reports on the company. Wells Fargo & Company boosted their price target on Golub Capital BDC from $17.00 to $17.50 and gave the company an “overweight” rating in a research note on Monday, April 25th. StockNews.com assumed coverage on Golub Capital BDC in a research note on Thursday, March 31st. They set a “hold” rating for the company. Finally, Zacks Investment Research downgraded Golub Capital BDC from a “buy” rating to a “hold” rating in a research note on Wednesday, April 13th. Two analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average price target of $17.17.

Several large investors have recently made changes to their positions in the stock. BlackRock Inc. grew its stake in shares of Golub Capital BDC by 9.0% during the 4th quarter. BlackRock Inc. now owns 1,371,969 shares of the investment management company’s stock valued at $21,183,000 after acquiring an additional 113,772 shares during the period. Millennium Management LLC grew its stake in shares of Golub Capital BDC by 5,871.7% during the 4th quarter. Millennium Management LLC now owns 1,308,883 shares of the investment management company’s stock valued at $20,209,000 after acquiring an additional 1,286,965 shares during the period. Wells Fargo & Company MN grew its stake in shares of Golub Capital BDC by 7.1% during the 4th quarter. Wells Fargo & Company MN now owns 1,127,289 shares of the investment management company’s stock valued at $17,405,000 after acquiring an additional 74,757 shares during the period. D. E. Shaw & Co. Inc. grew its stake in shares of Golub Capital BDC by 195.0% during the 4th quarter. D. E. Shaw & Co. Inc. now owns 348,235 shares of the investment management company’s stock valued at $5,377,000 after acquiring an additional 230,188 shares during the period. Finally, LPL Financial LLC grew its stake in shares of Golub Capital BDC by 14.7% during the 4th quarter. LPL Financial LLC now owns 241,781 shares of the investment management company’s stock valued at $3,733,000 after acquiring an additional 31,011 shares during the period. Institutional investors own 44.01% of the company’s stock.

Golub Capital BDC Company Profile (Get Rating)

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.

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