Golub Capital BDC (NASDAQ:GBDC) Announces Quarterly Earnings Results

Golub Capital BDC (NASDAQ:GBDC - Get Free Report) posted its quarterly earnings results on Monday. The investment management company reported $0.39 earnings per share for the quarter, missing analysts' consensus estimates of $0.41 by ($0.02), Zacks reports. Golub Capital BDC had a return on equity of 11.18% and a net margin of 39.63%. The company had revenue of $211.10 million during the quarter, compared to analyst estimates of $223.89 million. During the same period last year, the company posted $0.55 earnings per share.

Golub Capital BDC Stock Performance

GBDC stock traded up $0.04 during midday trading on Friday, reaching $14.41. 193,006 shares of the company's stock traded hands, compared to its average volume of 1,430,297. Golub Capital BDC has a 52 week low of $12.68 and a 52 week high of $16.89. The company has a debt-to-equity ratio of 1.22, a quick ratio of 2.94 and a current ratio of 2.94. The firm has a market capitalization of $3.83 billion, a PE ratio of 10.44 and a beta of 0.55. The company has a 50-day moving average price of $14.46 and a two-hundred day moving average price of $15.07.

Golub Capital BDC Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, June 27th. Investors of record on Friday, June 13th will be issued a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a dividend yield of 10.83%. The ex-dividend date is Friday, June 13th. Golub Capital BDC's dividend payout ratio (DPR) is currently 113.04%.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on the stock. Keefe, Bruyette & Woods decreased their price target on shares of Golub Capital BDC from $16.50 to $15.50 and set an "outperform" rating on the stock in a research note on Tuesday, April 8th. Wells Fargo & Company dropped their price objective on shares of Golub Capital BDC from $15.00 to $14.00 and set an "equal weight" rating on the stock in a report on Monday, April 28th. Finally, StockNews.com upgraded shares of Golub Capital BDC from a "sell" rating to a "hold" rating in a report on Tuesday.

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.