Wall Street analysts expect that Golub Capital BDC Inc (NASDAQ:GBDC) will report earnings per share of $0.32 for the current quarter, Zacks reports. Three analysts have provided estimates for Golub Capital BDC’s earnings. The lowest EPS estimate is $0.32 and the highest is $0.33. Golub Capital BDC also posted earnings of $0.32 per share in the same quarter last year. The business is expected to issue its next earnings report after the market closes on Monday, November 25th.
According to Zacks, analysts expect that Golub Capital BDC will report full year earnings of $1.29 per share for the current year, with EPS estimates ranging from $1.28 to $1.31. For the next year, analysts forecast that the business will report earnings of $1.31 per share, with EPS estimates ranging from $1.28 to $1.34. Zacks’ EPS calculations are a mean average based on a survey of research analysts that follow Golub Capital BDC.
Golub Capital BDC (NASDAQ:GBDC) last issued its quarterly earnings data on Wednesday, August 7th. The investment management company reported $0.32 EPS for the quarter, hitting the Zacks’ consensus estimate of $0.32. The firm had revenue of $42.11 million during the quarter, compared to the consensus estimate of $41.48 million. Golub Capital BDC had a return on equity of 8.10% and a net margin of 43.56%. The firm’s revenue was up 9.7% on a year-over-year basis. During the same period in the prior year, the business earned $0.33 EPS.
A number of institutional investors and hedge funds have recently modified their holdings of GBDC. Strs Ohio bought a new position in shares of Golub Capital BDC in the third quarter worth $291,398,000. Stephens Inc. AR bought a new position in shares of Golub Capital BDC in the third quarter worth $16,612,000. Zeke Capital Advisors LLC bought a new position in shares of Golub Capital BDC in the third quarter worth $11,195,000. CIBC Private Wealth Group LLC grew its stake in shares of Golub Capital BDC by 16.0% in the third quarter. CIBC Private Wealth Group LLC now owns 75,230 shares of the investment management company’s stock worth $1,417,000 after purchasing an additional 10,350 shares in the last quarter. Finally, Confluence Investment Management LLC grew its stake in shares of Golub Capital BDC by 0.6% in the third quarter. Confluence Investment Management LLC now owns 650,876 shares of the investment management company’s stock worth $12,262,000 after purchasing an additional 3,585 shares in the last quarter. Hedge funds and other institutional investors own 36.15% of the company’s stock.
GBDC traded up $0.05 during trading on Thursday, reaching $17.90. 26,049 shares of the company were exchanged, compared to its average volume of 593,986. The stock has a market cap of $1.08 billion, a P/E ratio of 13.87, a PEG ratio of 6.87 and a beta of 0.56. The firm has a 50 day moving average of $18.39 and a 200 day moving average of $18.11. The company has a current ratio of 3.76, a quick ratio of 3.76 and a debt-to-equity ratio of 1.08. Golub Capital BDC has a 52 week low of $16.21 and a 52 week high of $19.38.
The business also recently disclosed a quarterly dividend, which was paid on Friday, September 27th. Investors of record on Monday, August 19th were paid a dividend of $0.32 per share. The ex-dividend date was Friday, August 16th. This represents a $1.28 dividend on an annualized basis and a yield of 7.15%. Golub Capital BDC’s payout ratio is currently 99.22%.
Golub Capital BDC Company Profile
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.
Further Reading: What does an outperform rating mean?
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Golub Capital BDC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Golub Capital BDC and related companies with MarketBeat.com's FREE daily email newsletter.