Golub Capital BDC (GBDC) Stock Price, News & Analysis

Company Overview

Golub Capital BDC (NASDAQ: GBDC) is a publicly traded business development company specializing in providing debt and equity financing solutions to middle-market companies in the United States. Externally managed by Golub Capital LLC, the firm focuses on building a diversified portfolio of senior secured loans, unitranche facilities and second-lien debt instruments designed to support growth, acquisitions and recapitalizations. As a closed-end investment vehicle, GBDC offers investors direct exposure to private credit strategies within a regulated structure.

The company’s core business activities center on originating and managing bespoke financing arrangements for U.S. companies with annual revenues typically ranging from $25 million to $1 billion. Golub Capital BDC underwrites credit opportunities across a wide array of industries, including business services, healthcare, technology, consumer products and industrials. Investment decisions balance yield objectives with capital preservation through rigorous credit analysis and active portfolio monitoring.

Golub Capital BDC serves clients across the continental U.S., with a regional focus on major financial and commercial hubs such as New York, Chicago, Boston and San Francisco. By leveraging Golub Capital’s established origination network and in-house credit team, the BDC delivers flexible financing structures tailored to support sponsor-backed transactions and privately held enterprises. The firm’s geographic reach and sector expertise enable it to respond rapidly to evolving market needs.

Led by Chief Executive Officer Kevin Morgan, Golub Capital BDC benefits from the strategic guidance of a seasoned management team with deep experience in direct lending and credit investing. Since its initial public offering in 2010, the company has aimed to offer investors a differentiated approach to private credit, combining the sourcing capabilities of a dedicated direct lender with the liquidity and transparency features of a listed investment vehicle.

Key Stats

• Today's Range: $14.75 to $14.85
• 50-Day Range: $14.62 to $15.48
• 52-Week Range: $12.68 to $16.00
• Volume: 1.34 million shs
• Average Volume: 914,116 shs
• Market Capitalization: $3.93 billion
• P/E Ratio: 10.39
• Dividend Yield: 10.57%
• Price Target: $15.00
• Consensus Rating: Moderate Buy

Golub Capital BDC Stock Analysis - MarketRank™

Golub Capital BDC scored higher than 38% of companies evaluated by MarketBeat, and ranked 798th out of 957 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.5 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Golub Capital BDC has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.

Upside/Downside

The consensus price target for Golub Capital BDC is close to its current price, suggesting limited near-term upside or downside.

Amount of Analyst Coverage

Golub Capital BDC has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: N/A

Earnings Growth

Earnings for Golub Capital BDC are expected to remain at $1.60 per share in the coming year.

Price to Earnings Ratio vs. the Market

The P/E ratio of Golub Capital BDC is 10.39, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 280.90.

Price to Earnings Ratio vs. Sector

The P/E ratio of Golub Capital BDC is 10.39, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 245.86.

Price to Book Value per Share Ratio

Golub Capital BDC has a P/B Ratio of 0.97. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

2.17% of the float of Golub Capital BDC has been sold short.

Short Interest Ratio / Days to Cover

Golub Capital BDC has a short interest ratio ("days to cover") of 4.6.

Change versus previous month

Short interest in Golub Capital BDC has recently increased by 7.32%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Golub Capital BDC is a leading dividend payer. It pays a dividend yield of 10.56%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Golub Capital BDC does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Golub Capital BDC is 109.86%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on EPS estimates, Golub Capital BDC will have a dividend payout ratio of 97.50% in the coming year. This indicates that Golub Capital BDC may not be able to sustain their current dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

2.17% of the float of Golub Capital BDC has been sold short.

Short Interest Ratio / Days to Cover

Golub Capital BDC has a short interest ratio ("days to cover") of 4.6.

Change versus previous month

Short interest in Golub Capital BDC has recently increased by 7.32%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 4.0 / 5
• News Sentiment: 1.27

News Sentiment

Golub Capital BDC has a news sentiment score of 1.27. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 1.06 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 10 news articles for Golub Capital BDC this week, compared to 6 articles on an average week.

Search Interest

12 people have searched for GBDC on MarketBeat in the last 30 days. This is an increase of 20% compared to the previous 30 days.

MarketBeat Follows

4 people have added Golub Capital BDC to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Golub Capital BDC insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 3.60% of the stock of Golub Capital BDC is held by insiders.

Percentage Held by Institutions

42.38% of the stock of Golub Capital BDC is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

GBDC Stock Analysis - Frequently Asked Questions

How have GBDC shares performed this year?

Golub Capital BDC's stock was trading at $15.16 on January 1st, 2025. Since then, GBDC shares have decreased by 2.6% and is now trading at $14.76.

How were Golub Capital BDC's earnings last quarter?

Golub Capital BDC, Inc. (NASDAQ:GBDC) announced its quarterly earnings results on Monday, August, 4th. The investment management company reported $0.39 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.38 by $0.01. The investment management company had revenue of $218.34 million for the quarter, compared to analysts' expectations of $215.47 million. Golub Capital BDC had a net margin of 42.81% and a trailing twelve-month return on equity of 10.87%.
Read the conference call transcript.

Who are Golub Capital BDC's major shareholders?

Top institutional shareholders of Golub Capital BDC include Strs Ohio (5.93%), Northeast Financial Consultants Inc (1.46%), Corient Private Wealth LLC (1.37%) and Bank of America Corp DE (1.36%). Insiders that own company stock include Lawrence E Golub, David Golub and Anita J Rival.
View institutional ownership trends.

How do I buy shares of Golub Capital BDC?

Shares of GBDC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Golub Capital BDC own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Golub Capital BDC investors own include NVIDIA (NVDA), Meta Platforms (META), Broadcom (AVGO), Adobe (ADBE), Advanced Micro Devices (AMD), GE Aerospace (GE) and Arista Networks (ANET).

Company Calendar

• Record date for 6/27 Dividend: 6/13/2025
• Ex-Dividend for 6/27 Dividend: 6/13/2025
• Dividend Payable: 6/27/2025
• Last Earnings: 8/04/2025
• Today: 9/13/2025
• Record date for 9/29 Dividend: 9/15/2025
• Ex-Dividend for 9/29 Dividend: 9/15/2025
• Dividend Payable: 9/29/2025
• Fiscal Year End: 9/30/2025
• Next Earnings (Estimated): 11/18/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: FIN - SBIC&COMMRL
• Sub-Industry: Asset Management & Custody Banks
• Current Symbol: NASDAQ:GBDC
• CIK: 1476765
• Web: www.golubcapitalbdc.com
• Phone: (212) 750-6060
• Fax: N/A
• Employees: N/A
• Year Founded: 1994

Price Target and Rating

• Average Price Target for Golub Capital BDC: $15.00
• High Price Target: $15.50
• Low Price Target: $14.00
• Potential Upside/Downside: +1.6%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.67
• Research Coverage: 3 Analysts

Profitability

• EPS (Trailing Twelve Months): $1.42
• Trailing P/E Ratio: 10.39
• Forward P/E Ratio: 9.23
• P/E Growth: N/A
• Net Income: $273.79 million
• Net Margins: 42.81%
• Pretax Margin: 42.81%
• Return on Equity: 10.87%
• Return on Assets: 4.87%

Debt

• Debt-to-Equity Ratio: 1.28
• Current Ratio: 2.37
• Quick Ratio: 2.37

Sales & Book Value

• Annual Sales: $724.68 million
• Price / Sales: 5.43
• Cash Flow: $1.49 per share
• Price / Cash Flow: 9.89
• Book Value: $15.19 per share
• Price / Book: 0.97

Miscellaneous

• Outstanding Shares: 266,380,000
• Free Float: 256,786,000
• Market Cap: $3.93 billion
• Optionable: Optionable
• Beta: 0.48