Media coverage about Golub Capital BDC (NASDAQ:GBDC) has been trending somewhat positive this week, according to Accern. Accern rates the sentiment of press coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Golub Capital BDC earned a news sentiment score of 0.11 on Accern’s scale. Accern also gave news headlines about the investment management company an impact score of 45.7060447372467 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Golub Capital BDC (NASDAQ GBDC) opened at 19.10 on Friday. The company’s 50-day moving average is $18.76 and its 200-day moving average is $19.40. Golub Capital BDC has a 12 month low of $17.34 and a 12 month high of $20.50.
Golub Capital BDC (NASDAQ:GBDC) last announced its earnings results on Monday, August 7th. The investment management company reported $0.35 earnings per share for the quarter, topping analysts’ consensus estimates of $0.32 by $0.03. The business had revenue of $35.40 million for the quarter, compared to analyst estimates of $35.11 million. Golub Capital BDC had a return on equity of 7.86% and a net margin of 53.62%. The company’s quarterly revenue was up 5.4% compared to the same quarter last year. During the same period in the prior year, the company earned $0.35 EPS. Analysts predict that Golub Capital BDC will post $1.25 earnings per share for the current fiscal year.
The company also recently disclosed a quarterly dividend, which was paid on Friday, September 29th. Stockholders of record on Wednesday, September 6th were given a dividend of $0.32 per share. The ex-dividend date of this dividend was Friday, September 1st. This represents a $1.28 annualized dividend and a dividend yield of 6.70%. Golub Capital BDC’s dividend payout ratio (DPR) is presently 96.24%.
GBDC has been the subject of a number of analyst reports. Keefe, Bruyette & Woods reiterated a “hold” rating and issued a $19.50 target price on shares of Golub Capital BDC in a research note on Tuesday, July 25th. BidaskClub cut shares of Golub Capital BDC from a “hold” rating to a “sell” rating in a research note on Friday, July 28th. National Securities reiterated a “neutral” rating and issued a $19.00 target price on shares of Golub Capital BDC in a research note on Wednesday, August 9th. Finally, Zacks Investment Research upgraded shares of Golub Capital BDC from a “hold” rating to a “buy” rating and set a $21.00 target price for the company in a research note on Tuesday, October 3rd. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and one has assigned a buy rating to the company. Golub Capital BDC has a consensus rating of “Hold” and an average price target of $19.88.
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In other news, Director William M. Iv Webster acquired 5,000 shares of Golub Capital BDC stock in a transaction dated Friday, September 1st. The shares were purchased at an average cost of $18.46 per share, for a total transaction of $92,300.00. Following the transaction, the director now owns 136,514 shares of the company’s stock, valued at $2,520,048.44. The purchase was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 2.40% of the stock is currently owned by corporate insiders.
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.
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