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

Golub Capital BDC (NASDAQ:GBDC) issued its quarterly earnings data 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 return on equity of 11.86% and a net margin of 37.78%.

Golub Capital BDC Stock Down 0.4 %

GBDC stock opened at $15.67 on Wednesday. The firm 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 1-year low of $14.05 and a 1-year high of $17.72. The firm has a fifty day moving average price of $15.30 and a two-hundred day moving average price of $15.16. The company has a debt-to-equity ratio of 1.15, a current ratio of 4.73 and a quick ratio of 4.73.

Golub Capital BDC Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 9th were paid a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a yield of 9.96%. The ex-dividend date of this dividend was Monday, December 9th. Golub Capital BDC’s dividend payout ratio (DPR) is presently 110.64%.

Wall Street Analyst Weigh In

Several research analysts recently commented on the company. StockNews.com upgraded Golub Capital BDC from a “sell” rating to a “hold” rating in a research note 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 for the company in a research note on Thursday, November 21st. Three equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average 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.