Golub Capital BDC (GBDC) to Release Earnings on Monday

Golub Capital BDC (NASDAQ:GBDC) is scheduled to release its earnings data after the market closes on Monday, May 6th. Analysts expect Golub Capital BDC to post earnings of $0.51 per share for the quarter.

Golub Capital BDC (NASDAQ:GBDC) last released its earnings results on Monday, February 5th. The investment management company reported $0.50 earnings per share for the quarter, missing the consensus estimate of $0.51 by ($0.01). Golub Capital BDC had a net margin of 48.94% and a return on equity of 12.53%. The firm had revenue of $164.77 million during the quarter, compared to analysts’ expectations of $160.93 million. On average, analysts expect Golub Capital BDC to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Golub Capital BDC Price Performance

NASDAQ:GBDC opened at $17.40 on Monday. Golub Capital BDC has a one year low of $12.77 and a one year high of $17.42. The company has a debt-to-equity ratio of 1.20, a quick ratio of 3.15 and a current ratio of 3.15. The stock has a market cap of $2.98 billion, a PE ratio of 9.56 and a beta of 0.57. The stock has a 50 day moving average price of $16.25 and a 200 day moving average price of $15.45.

Golub Capital BDC Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, June 21st. Investors of record on Thursday, May 2nd will be issued a $0.39 dividend. The ex-dividend date is Wednesday, May 1st. This represents a $1.56 annualized dividend and a dividend yield of 8.97%. Golub Capital BDC’s dividend payout ratio is presently 85.71%.

Wall Street Analyst Weigh In

GBDC has been the subject of several recent analyst reports. Bank of America raised Golub Capital BDC from a “neutral” rating to a “buy” rating and set a $17.00 target price for the company in a research note on Monday, March 25th. StockNews.com downgraded Golub Capital BDC from a “buy” rating to a “hold” rating in a report on Friday, March 29th. Raymond James lifted their target price on Golub Capital BDC from $16.00 to $16.50 and gave the stock an “outperform” rating in a research report on Tuesday, January 23rd. Finally, Wells Fargo & Company boosted their price target on Golub Capital BDC from $15.00 to $15.50 and gave the company an “equal weight” rating in a research report on Monday, January 29th. Two analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $16.40.

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.