Golub Capital BDC Company Profile (NASDAQ:GBDC)

Golub Capital BDC trades on the NASDAQ under the ticker symbol "GBDC."

Golub Capital BDC announced a quarterly dividend on Friday, May 5th. Shareholders of record on Tuesday, June 6th will be given a dividend of $0.32 per share on Thursday, June 29th. This represents a $1.28 annualized dividend and a yield of 6.53%. The ex-dividend date of this dividend is Friday, June 2nd. View Golub Capital BDC's Dividend History.

Golub Capital BDC, Inc. (NASDAQ:GBDC) issued its quarterly earnings data on Thursday, May, 4th. The company reported $0.32 EPS for the quarter, hitting analysts' consensus estimates of $0.32. The company had revenue of $33.56 million for the quarter, compared to analysts' expectations of $35.66 million. Golub Capital BDC had a return on equity of 7.67% and a net margin of 55.30%. Golub Capital BDC's quarterly revenue was up 9.1% on a year-over-year basis. During the same period last year, the business earned $0.33 earnings per share. View Golub Capital BDC's Earnings History.

4 equities research analysts have issued twelve-month price targets for Golub Capital BDC's shares. Their predictions range from $18.00 to $19.50. On average, they expect Golub Capital BDC's stock price to reach $18.88 in the next year. View Analyst Ratings for Golub Capital BDC.

Here are some recent quotes from research analysts about Golub Capital BDC stock:

• 1. National Securities analysts commented, "• GBDC offered 1.75 million shares at $19.30, representing a 22% premium to 3/31/17 NAV/share of $15.88. The company also included a 263,500 share green shoe which we anticipate will be exercised in full. In April, Golub successfully completed a 1.75 million share offering with the same 263,500 share overallotment option. Using this overallotment carrying over into the 6/30/17 quarter and the June raise overallotment carrying over into the 9/30/17 quarter, we expect total net proceeds from equity issuance of $36.8 million in fiscal 3Q17 and $4.8 million in fiscal 4Q17.
  • Despite a portfolio in GBDC of over $1.7 billion at fair value and $18 billion in AUM across the total Golub platform, the company has exercised admirable conservatism in raising equity. When factoring in the consistently high and well-deserved (in our opinion) NAV/share premium GBDC trades at, this becomes all the more impressive as the equity is truly issued on a “just-in-time” basis with no lag on capital deployment and thus earnings. While we continue to expect more of the same in terms of very strong asset quality and increasing NAV/share, we do not anticipate earnings growth given relatively low returns on invested capital (ROIC) for the company’s investments.
  • We are maintaining both our fiscal 2017 core NII/share estimate of $1.26 and our fiscal 2018 core NII/share estimate of $1.28." (6/12/2017)
• 2. According to Zacks Investment Research, "Golub Capital BDC Inc. is a business development company that principally invests in senior secured, unitranche, mezzanine and second lien loans of middle-market companies that are, in most cases, sponsored by private equity investors. The Company's investment activities are managed by its investment adviser, GC Advisors LLC, an affiliate of Golub Capital. " (5/11/2017)

Golub Capital BDC saw a decline in short interest in June. As of June 15th, there was short interest totalling 416,580 shares, a decline of 51.1% from the May 31st total of 852,321 shares. Based on an average trading volume of 425,473 shares, the short-interest ratio is presently 1.0 days. Currently, 0.7% of the company's shares are sold short.

Some companies that are related to Golub Capital BDC include FS Investment Corporation (FSIC), 3i Infrastructure PLC (3IN), Apollo Investment Corporation (AINV), TPG Specialty Lending (TSLX), Hercules Capital (HTGC), New Mountain Finance Corporation (NMFC), TCP Capital Corp. (TCPC), Solar Capital (SLRC), Triangle Capital Corporation (TCAP), Ithaca Energy (IAE), BlackRock Capital Investment Corporation (BKCC), PennantPark Investment Corporation (PNNT), PennantPark Floating Rate Capital (PFLT), Foresight Solar Fund Ltd (FSFL), MFS Charter Income Trust (MCR), Fidus Investment Corporation (FDUS), Eagle Point Credit Company (ECC) and Medley Capital Corporation (MCC).

Golub Capital BDC's management team includes the folowing people:

• Lawrence E. Golub, Chairman of the Board
• David B. Golub, Chief Executive Officer, Director
• Ross A. Teune, Chief Financial Officer, Treasurer
• Joshua M. Levinson, Chief Compliance Officer, Secretary
• Gregory A. Robbins, Managing Director
• Jonathan D. Simmons, Corporate Secretary, Director
• John T. Baily, Independent Director
• Kenneth F. Bernstein, Independent Director
• Anita Rival Rosenberg, Independent Director
• William M. Webster IV, Independent Director

Golub Capital BDC's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Confluence Investment Management LLC (0.00%), Bank of Montreal Can (0.00%), Neville Rodie & Shaw Inc. (0.00%), Advisors Capital Management LLC (0.00%), Evanson Asset Management LLC (0.00%) and Atria Investments LLC (0.00%). Company insiders that own Golub Capital BDC stock include David Golub and John Thomas Baily. View Institutional Ownership Trends for Golub Capital BDC.

Golub Capital BDC's stock was sold by a variety of institutional investors in the last quarter, including Confluence Investment Management LLC, Advisors Capital Management LLC and Neville Rodie & Shaw Inc.. Company insiders that have sold Golub Capital BDC stock in the last year include David Golub and John Thomas Baily. View Insider Buying and Selling for Golub Capital BDC.

Golub Capital BDC's stock was bought by a variety of institutional investors in the last quarter, including Bank of Montreal Can and Evanson Asset Management LLC. View Insider Buying and Selling for Golub Capital BDC.

Shares of Golub Capital BDC can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Golub Capital BDC stock can currently be purchased for approximately $19.60.