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

Golub Capital BDC (NASDAQ:GBDC) is scheduled to be issuing 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. Persons interested in registering for the company’s earnings conference call can do so using this link.

Golub Capital BDC (NASDAQ:GBDC) last announced its earnings results on Monday, February 5th. The investment management company reported $0.50 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.51 by ($0.01). The business had revenue of $164.77 million during the quarter, compared to analyst estimates of $160.93 million. Golub Capital BDC had a net margin of 48.94% and a return on equity of 12.53%. 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 Price Performance

GBDC opened at $16.89 on Friday. The company has a market capitalization of $2.90 billion, a P/E ratio of 9.25 and a beta of 0.55. The company has a 50-day moving average of $16.36 and a 200-day moving average of $15.51. 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 has a 1-year low of $12.77 and a 1-year high of $17.72.

Golub Capital BDC Announces Dividend

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

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on the company. Bank of America upgraded Golub Capital BDC from a “neutral” rating to a “buy” rating and set a $17.00 price objective for the company in a research 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. Wells Fargo & Company upped their price objective on shares of Golub Capital BDC from $15.00 to $15.50 and gave the stock an “equal weight” rating in a report on Monday, January 29th. Finally, Raymond James increased their price target 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. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to MarketBeat, Golub Capital BDC currently has a consensus rating of “Moderate Buy” and an average price target 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.