Golub Capital BDC (GBDC) Earns News Impact Rating of 0.13
News coverage about Golub Capital BDC (NASDAQ:GBDC) has trended somewhat positive this week, Accern Sentiment Analysis reports. The research firm ranks the sentiment of news coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Golub Capital BDC earned a coverage optimism score of 0.13 on Accern’s scale. Accern also gave media stories about the investment management company an impact score of 45.7849391445067 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
Shares of Golub Capital BDC (GBDC) opened at 18.72 on Monday. The company’s 50-day moving average price is $18.88 and its 200 day moving average price is $19.48. Golub Capital BDC has a 52 week low of $17.34 and a 52 week high of $20.50.
Golub Capital BDC (NASDAQ:GBDC) last issued its quarterly earnings data on Monday, August 7th. The investment management company reported $0.35 earnings per share for the quarter, topping the consensus estimate of $0.32 by $0.03. Golub Capital BDC had a net margin of 53.62% and a return on equity of 7.86%. The company had revenue of $35.40 million for the quarter, compared to analysts’ expectations of $35.11 million. During the same quarter in the previous year, the firm posted $0.35 earnings per share. Golub Capital BDC’s revenue for the quarter was up 5.4% on a year-over-year basis. Equities research analysts predict that Golub Capital BDC will post $1.25 earnings per share for the current year.
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 29th. Investors of record on Wednesday, September 6th will be paid a $0.32 dividend. The ex-dividend date of this dividend is Friday, September 1st. This represents a $1.28 annualized dividend and a dividend yield of 6.84%. Golub Capital BDC’s dividend payout ratio is 96.24%.
GBDC has been the topic of several recent research reports. Keefe, Bruyette & Woods restated a “hold” rating and issued a $19.50 price target on shares of Golub Capital BDC in a research report on Tuesday, July 25th. BidaskClub lowered Golub Capital BDC from a “hold” rating to a “sell” rating in a research report on Friday, July 28th. Finally, National Securities restated a “neutral” rating and issued a $19.00 price target on shares of Golub Capital BDC in a research report on Wednesday, August 9th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and one has issued a buy rating to the company’s stock. Golub Capital BDC presently has a consensus rating of “Hold” and an average price target of $20.00.
In other news, Director William M. Iv Webster purchased 5,000 shares of the business’s stock in a transaction on Friday, September 1st. The shares were acquired at an average price of $18.46 per share, with a total value of $92,300.00. Following the completion of the transaction, the director now owns 136,514 shares of the company’s stock, valued at approximately $2,520,048.44. The purchase was disclosed in a filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 2.40% of the company’s stock.
About Golub Capital BDC
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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