Golub Capital BDC (GBDC) Issues Earnings Results

Golub Capital BDC (NASDAQ:GBDC) released its earnings results on Wednesday. The investment management company reported $0.32 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.32, Briefing.com reports. Golub Capital BDC had a net margin of 58.06% and a return on equity of 7.90%. The company had revenue of $36.45 million during the quarter, compared to the consensus estimate of $35.22 million. During the same quarter in the prior year, the firm earned $0.34 EPS. The company’s revenue was up 7.7% compared to the same quarter last year.

Shares of Golub Capital BDC (GBDC) traded down $0.09 on Thursday, hitting $18.07. 64,291 shares of the stock traded hands, compared to its average volume of 284,620. Golub Capital BDC has a 52 week low of $17.35 and a 52 week high of $20.50. The firm has a market cap of $1,080.14, a price-to-earnings ratio of 12.88, a price-to-earnings-growth ratio of 1.41 and a beta of 0.65. The company has a current ratio of 3.56, a quick ratio of 3.56 and a debt-to-equity ratio of 0.81.

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 research report on Monday. Zacks Investment Research downgraded shares of Golub Capital BDC from a “hold” rating to a “sell” rating in a research report on Thursday, November 23rd. ValuEngine downgraded shares of Golub Capital BDC from a “buy” rating to a “hold” rating in a research report on Friday, February 2nd. Finally, National Securities reiterated a “neutral” rating and issued a $19.00 target price on shares of Golub Capital BDC in a research report on Wednesday, November 22nd. Six research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. Golub Capital BDC has an average rating of “Hold” and a consensus target price of $19.88.

An institutional investor recently raised its position in Golub Capital BDC stock. Northern Trust Corp lifted its holdings in shares of Golub Capital BDC Inc (NASDAQ:GBDC) by 41.4% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 30,214 shares of the investment management company’s stock after purchasing an additional 8,841 shares during the quarter. Northern Trust Corp’s holdings in Golub Capital BDC were worth $578,000 as of its most recent SEC filing. Hedge funds and other institutional investors own 40.42% of the company’s stock.

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Golub Capital BDC Company Profile

Golub Capital BDC, Inc is an externally managed, non-diversified, closed-end, management investment company. The Company’s investment objective is to generate current income and capital appreciation by investing primarily in senior secured and one stop loans of the United States middle-market companies.

Earnings History for Golub Capital BDC (NASDAQ:GBDC)

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