Equities research analysts predict that Golub Capital BDC Inc (NASDAQ:GBDC) will announce $0.32 earnings per share (EPS) for the current fiscal quarter, according to Zacks Investment Research. Three analysts have issued estimates for Golub Capital BDC’s earnings. Golub Capital BDC reported earnings per share of $0.31 during the same quarter last year, which indicates a positive year over year growth rate of 3.2%. The firm is scheduled to report its next quarterly earnings results after the market closes on Wednesday, August 7th.
On average, analysts expect that Golub Capital BDC will report full-year earnings of $1.30 per share for the current financial year, with EPS estimates ranging from $1.28 to $1.32. For the next financial year, analysts forecast that the business will post earnings of $1.31 per share, with EPS estimates ranging from $1.28 to $1.34. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of research analysts that that provide coverage for Golub Capital BDC.
Golub Capital BDC (NASDAQ:GBDC) last released its quarterly earnings data on Wednesday, May 8th. The investment management company reported $0.32 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.32. Golub Capital BDC had a net margin of 46.15% and a return on equity of 8.03%. The business had revenue of $41.81 million during the quarter, compared to analyst estimates of $45.09 million. During the same period in the previous year, the business earned $0.32 EPS. Golub Capital BDC’s revenue was up 13.3% compared to the same quarter last year.
A number of large investors have recently made changes to their positions in the business. M Holdings Securities Inc. boosted its holdings in Golub Capital BDC by 5.8% in the 1st quarter. M Holdings Securities Inc. now owns 13,481 shares of the investment management company’s stock valued at $241,000 after purchasing an additional 735 shares during the period. Mckinley Capital Management LLC Delaware boosted its holdings in Golub Capital BDC by 0.4% in the 1st quarter. Mckinley Capital Management LLC Delaware now owns 213,462 shares of the investment management company’s stock valued at $3,816,000 after purchasing an additional 766 shares during the period. Raymond James Financial Services Advisors Inc. boosted its holdings in Golub Capital BDC by 5.1% in the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 17,378 shares of the investment management company’s stock valued at $287,000 after purchasing an additional 849 shares during the period. Moors & Cabot Inc. boosted its holdings in Golub Capital BDC by 3.2% in the 2nd quarter. Moors & Cabot Inc. now owns 28,514 shares of the investment management company’s stock valued at $507,000 after purchasing an additional 877 shares during the period. Finally, Williams Jones & Associates LLC boosted its holdings in Golub Capital BDC by 5.6% in the 1st quarter. Williams Jones & Associates LLC now owns 19,000 shares of the investment management company’s stock valued at $340,000 after purchasing an additional 1,000 shares during the period. 37.13% of the stock is owned by hedge funds and other institutional investors.
Golub Capital BDC stock opened at $17.81 on Thursday. Golub Capital BDC has a 1-year low of $16.21 and a 1-year high of $19.89. The stock has a market cap of $1.08 billion, a price-to-earnings ratio of 14.02, a price-to-earnings-growth ratio of 6.88 and a beta of 0.64. The company has a debt-to-equity ratio of 1.08, a current ratio of 3.08 and a quick ratio of 3.08. The firm has a 50 day simple moving average of $17.70.
The company also recently declared a quarterly dividend, which was paid on Friday, June 28th. Shareholders of record on Friday, June 7th were issued a $0.32 dividend. This represents a $1.28 annualized dividend and a yield of 7.19%. The ex-dividend date was Thursday, June 6th. Golub Capital BDC’s payout ratio is 99.22%.
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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