Golub Capital BDC (GBDC) Scheduled to Post Quarterly Earnings on Monday

Golub Capital BDC (NASDAQ:GBDC) is scheduled to be announcing its earnings results after the market closes on Monday, May 6th. Analysts expect the company to announce earnings of $0.51 per share for the quarter. Investors that are interested in participating in the company’s conference call can do so using this link.

Golub Capital BDC (NASDAQ:GBDC) last released 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 return on equity of 12.53% and a net margin of 48.94%. The business had revenue of $164.77 million for 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 opened at $16.89 on Friday. The company has a current ratio of 3.15, a quick ratio of 3.15 and a debt-to-equity ratio of 1.20. The business’s 50 day moving average is $16.38 and its two-hundred day moving average is $15.53. Golub Capital BDC has a 12-month low of $12.77 and a 12-month high of $17.72. The stock has a market capitalization of $2.90 billion, a price-to-earnings ratio of 9.28 and a beta of 0.55.

Golub Capital BDC Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 21st. Shareholders of record on Thursday, May 2nd will be given a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a yield of 9.24%. The ex-dividend date is Wednesday, May 1st. Golub Capital BDC’s payout ratio is 85.71%.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on GBDC shares. Bank of America upgraded 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. StockNews.com cut Golub Capital BDC from a “buy” rating to a “hold” rating in a report on Friday, March 29th. Raymond James upped their target price on Golub Capital BDC from $16.00 to $16.50 and gave the company an “outperform” rating in a research note on Tuesday, January 23rd. Finally, Wells Fargo & Company upped their target price on Golub Capital BDC from $15.00 to $15.50 and gave the company an “equal weight” rating in a research note on Monday, January 29th. Two analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat, Golub Capital BDC presently has an average rating of “Moderate Buy” and an average 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.