Golub Capital BDC (GBDC) Set to Announce Earnings on Monday

Golub Capital BDC (NASDAQ:GBDC - Get Free Report) is scheduled to issue its quarterly earnings data after the market closes on Monday, May 6th. Analysts expect the company to announce earnings of $0.51 per share for the quarter.

Golub Capital BDC (NASDAQ:GBDC - Get Free Report) last issued its earnings results on Monday, February 5th. The investment management company reported $0.50 earnings per share (EPS) 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 analyst estimates 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 Stock Performance

NASDAQ:GBDC traded up $0.18 during mid-day trading on Monday, hitting $17.58. The stock had a trading volume of 1,279,143 shares, compared to its average volume of 864,451. Golub Capital BDC has a twelve month low of $12.77 and a twelve month high of $17.69. The stock has a market cap of $3.02 billion, a price-to-earnings ratio of 9.66 and a beta of 0.57. The company's 50 day simple moving average is $16.25 and its 200 day simple moving average is $15.45. The company has a debt-to-equity ratio of 1.20, a quick ratio of 3.15 and a current ratio of 3.15.

Golub Capital BDC Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, June 21st. Investors of record on Thursday, May 2nd will be paid a $0.39 dividend. The ex-dividend date of this dividend is Wednesday, May 1st. This represents a $1.56 annualized dividend and a yield of 8.87%. Golub Capital BDC's dividend payout ratio (DPR) is currently 85.71%.

Wall Street Analyst Weigh In

Several research analysts have weighed in on the stock. Raymond James increased their price target on shares of Golub Capital BDC from $16.00 to $16.50 and gave the company an "outperform" rating in a report on Tuesday, January 23rd. Bank of America raised shares of Golub Capital BDC from a "neutral" rating to a "buy" rating and set a $17.00 price target on the stock in a report on Monday, March 25th. Wells Fargo & Company increased their price target on shares of Golub Capital BDC from $15.00 to $15.50 and gave the company an "equal weight" rating in a report on Monday, January 29th. Finally, StockNews.com cut shares of Golub Capital BDC from a "buy" rating to a "hold" rating in a report on Friday, March 29th. Two analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to MarketBeat.com, the stock currently has an average 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.