Kayne Anderson BDC (NYSE:KBDC - Get Free Report) is anticipated to release its earnings data before the market opens on Wednesday, February 12th. Analysts expect Kayne Anderson BDC to post earnings of $0.51 per share for the quarter.
Kayne Anderson BDC Trading Down 0.5 %
NYSE:KBDC traded down $0.09 on Friday, hitting $17.13. The stock had a trading volume of 44,586 shares, compared to its average volume of 94,110. The company has a quick ratio of 1.36, a current ratio of 1.36 and a debt-to-equity ratio of 0.66. Kayne Anderson BDC has a 52 week low of $15.69 and a 52 week high of $17.35. The business's fifty day moving average is $16.81 and its 200 day moving average is $16.41.
Kayne Anderson BDC Dividend Announcement
The firm also recently declared a dividend, which will be paid on Tuesday, March 18th. Investors of record on Monday, March 3rd will be given a $0.10 dividend. The ex-dividend date is Monday, March 3rd.
Wall Street Analyst Weigh In
Separately, Royal Bank of Canada upped their price objective on shares of Kayne Anderson BDC from $17.00 to $18.00 and gave the stock an "outperform" rating in a report on Monday, November 18th. Two analysts have rated the stock with a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $17.30.
Get Our Latest Analysis on KBDC
Insider Activity
In other news, Director Susan C. Schnabel bought 2,500 shares of the stock in a transaction dated Wednesday, December 18th. The stock was bought at an average price of $16.54 per share, for a total transaction of $41,350.00. Following the completion of the acquisition, the director now directly owns 8,087 shares in the company, valued at approximately $133,758.98. This trade represents a 44.75 % increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Corporate insiders own 3.20% of the company's stock.
About Kayne Anderson BDC
(
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Kayne Anderson BDC Inc is a business development company which invests primarily in first lien senior secured loans, with a secondary focus on unitranche and split-lien loans to middle market companies. Kayne Anderson BDC Inc is based in CHICAGO.
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