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 dividend on an annualized basis and a yield of 6.54%. The ex-dividend date is Friday, June 2nd. View Golub Capital BDC's Dividend History.

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

4 equities research analysts have issued 12 month target prices for Golub Capital BDC's shares. Their predictions range from $18.00 to $19.50. On average, they expect Golub Capital BDC's share price to reach $19.00 in the next twelve months. 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 drop in short interest in the month of June. As of June 15th, there was short interest totalling 416,580 shares, a drop of 51.1% from the May 31st total of 852,321 shares. Based on an average daily trading volume, of 425,473 shares, the short-interest ratio is currently 1.0 days. Approximately 0.7% of the company's shares are sold short.

Some companies that are related to Golub Capital BDC include 3i Infrastructure PLC (3IN), Hercules Capital (HTGC), Triangle Capital Corporation (TCAP), Ithaca Energy (IAE), Foresight Solar Fund Ltd (FSFL), TICC Capital Corp. (TICC), KCAP Financial (KCAP), GLI Finance Ltd (GLIF), Andalas Energy and Power PLC (ADL), Alcentra Capital Corp. (ABDC), American Capital Senior Floating (ACSF), Andalas Energy and Power PLC (CEB), Apollo Investment Corporation (AINV), Ares Capital Corporation (ARCC), BlackRock Capital Investment Corporation (BKCC), BlackRock Enhanced Global Dividend Trust (BOE), BlackRock LT Municipal Advantage Trust (BTA) and Blackrock Taxable Municipal Bond Trust (BBN).

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 a number of of institutional and retail investors. Top institutional investors 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%), Lyell Wealth Management LP (0.00%) and Sumitomo Mitsui Asset Management Company LTD (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 purchased by a variety of institutional investors in the last quarter, including Bank of Montreal Can, Lyell Wealth Management LP, Evanson Asset Management LLC, Sumitomo Mitsui Asset Management Company LTD, Northeast Financial Consultants Inc, Mraz Amerine & Associates Inc. and Russell Investments Group Ltd.. 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 $19.56.