Golub Capital BDC (NASDAQ:GBDC) Posts Quarterly Earnings Results, Misses Estimates By $0.04 EPS

Golub Capital BDC (NASDAQ:GBDC - Get Free Report) announced its quarterly earnings data on Tuesday. The investment management company reported $0.39 EPS for the quarter, missing analysts' consensus estimates of $0.43 by ($0.04), Zacks reports. Golub Capital BDC had a net margin of 37.78% and a return on equity of 11.86%.

Golub Capital BDC Stock Up 0.8 %

NASDAQ:GBDC traded up $0.12 during trading hours on Thursday, reaching $15.43. The company's stock had a trading volume of 1,301,886 shares, compared to its average volume of 1,377,327. Golub Capital BDC has a one year low of $14.05 and a one year high of $17.72. The business's 50-day moving average is $15.30 and its 200-day moving average is $15.16. The company has a debt-to-equity ratio of 1.15, a current ratio of 4.73 and a quick ratio of 4.73. The company has a market cap of $4.08 billion, a price-to-earnings ratio of 10.94 and a beta of 0.54.

Golub Capital BDC Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 28th. Investors of record on Monday, March 3rd will be paid a $0.39 dividend. This represents a $1.56 annualized dividend and a dividend yield of 10.11%. The ex-dividend date is Monday, March 3rd. Golub Capital BDC's payout ratio is presently 110.64%.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on GBDC shares. StockNews.com upgraded shares of Golub Capital BDC from a "sell" rating to a "hold" rating in a report on Friday, November 29th. Wells Fargo & Company lowered their target price on Golub Capital BDC from $15.50 to $15.00 and set an "equal weight" rating on the stock in a research note on Thursday, November 21st. Three research analysts have rated the stock with a hold rating and three have issued a buy rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $16.38.

About Golub Capital BDC

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.