Analysts expect Golub Capital Bdc (NASDAQ:GBDC) to announce earnings per share (EPS) of $0.32 for the current fiscal quarter, Zacks reports. Three analysts have issued estimates for Golub Capital Bdc’s earnings. The lowest EPS estimate is $0.32 and the highest is $0.33. Golub Capital Bdc also reported earnings of $0.32 per share in the same quarter last year. The business is scheduled to issue its next quarterly earnings report after the market closes on Monday, May 7th.
According to Zacks, analysts expect that Golub Capital Bdc will report full-year earnings of $1.27 per share for the current year, with EPS estimates ranging from $1.26 to $1.28. For the next fiscal year, analysts forecast that the company will report earnings of $1.30 per share, with EPS estimates ranging from $1.28 to $1.36. Zacks Investment Research’s EPS averages are a mean average based on a survey of sell-side analysts that cover Golub Capital Bdc.
Golub Capital Bdc (NASDAQ:GBDC) last released its quarterly earnings results on Wednesday, February 7th. The investment management company reported $0.32 earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of $0.32. Golub Capital Bdc had a net margin of 58.64% and a return on equity of 7.94%. The company had revenue of $36.45 million during the quarter, compared to analysts’ expectations of $35.22 million. During the same period in the prior year, the company earned $0.34 earnings per share. The business’s quarterly revenue was up 7.7% compared to the same quarter last year.
A number of equities research analysts have issued reports on the stock. BidaskClub upgraded shares of Golub Capital Bdc from a “sell” rating to a “hold” rating in a report on Friday, December 22nd. Zacks Investment Research upgraded shares of Golub Capital Bdc from a “strong sell” rating to a “hold” rating in a report on Wednesday, January 24th. ValuEngine cut shares of Golub Capital Bdc from a “buy” rating to a “hold” rating in a report on Friday, February 2nd. Finally, National Securities upgraded shares of Golub Capital Bdc from a “neutral” rating to a “buy” rating and upped their price target for the company from $19.00 to $21.00 in a report on Monday, February 12th. Five equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The stock has a consensus rating of “Hold” and an average target price of $20.67.
GBDC stock remained flat at $$17.85 during mid-day trading on Friday. 135,401 shares of the company’s stock were exchanged, compared to its average volume of 262,060. The company has a debt-to-equity ratio of 0.86, a current ratio of 3.46 and a quick ratio of 3.46. Golub Capital Bdc has a one year low of $17.35 and a one year high of $20.50. The company has a market capitalization of $1,071.76, a PE ratio of 13.69, a price-to-earnings-growth ratio of 1.41 and a beta of 0.62.
The company also recently declared a quarterly dividend, which was paid on Friday, March 30th. Shareholders of record on Thursday, March 8th were issued a dividend of $0.32 per share. This represents a $1.28 dividend on an annualized basis and a yield of 7.17%. The ex-dividend date of this dividend was Wednesday, March 7th. Golub Capital Bdc’s dividend payout ratio (DPR) is 102.40%.
In related news, Director William M. Iv Webster acquired 15,468 shares of the business’s stock in a transaction dated Tuesday, February 20th. The stock was acquired at an average price of $18.09 per share, with a total value of $279,816.12. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director William M. Iv Webster acquired 19,674 shares of the business’s stock in a transaction dated Monday, February 26th. The shares were bought at an average cost of $18.10 per share, with a total value of $356,099.40. The disclosure for this purchase can be found here. Insiders have bought 37,102 shares of company stock valued at $671,163 in the last ninety days. 2.40% of the stock is owned by company insiders.
Several institutional investors and hedge funds have recently made changes to their positions in the company. Bank of The Ozarks raised its position in shares of Golub Capital Bdc by 12.7% during the fourth quarter. Bank of The Ozarks now owns 27,065 shares of the investment management company’s stock valued at $493,000 after buying an additional 3,060 shares during the last quarter. Macquarie Group Ltd. acquired a new position in shares of Golub Capital Bdc during the third quarter valued at about $102,000. Thrivent Financial For Lutherans raised its position in shares of Golub Capital Bdc by 1.8% during the fourth quarter. Thrivent Financial For Lutherans now owns 310,736 shares of the investment management company’s stock valued at $5,655,000 after buying an additional 5,463 shares during the last quarter. Pinebridge Investments L.P. raised its position in shares of Golub Capital Bdc by 48.8% during the third quarter. Pinebridge Investments L.P. now owns 21,691 shares of the investment management company’s stock valued at $408,000 after buying an additional 7,109 shares during the last quarter. Finally, Deutsche Bank AG raised its position in shares of Golub Capital Bdc by 6.1% during the fourth quarter. Deutsche Bank AG now owns 125,982 shares of the investment management company’s stock valued at $2,292,000 after buying an additional 7,249 shares during the last quarter. 38.66% of the stock is owned by institutional investors and hedge funds.
About Golub Capital Bdc
Golub Capital BDC, Inc 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. The company seeks to invest in the United States.
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