Wall Street brokerages expect Golub Capital BDC Inc (NASDAQ:GBDC) to report sales of $39.47 million for the current quarter, Zacks reports. Three analysts have made estimates for Golub Capital BDC’s earnings, with estimates ranging from $38.44 million to $41.12 million. Golub Capital BDC reported sales of $36.45 million during the same quarter last year, which indicates a positive year over year growth rate of 8.3%. The firm is scheduled to announce its next quarterly earnings report on Wednesday, February 6th.

According to Zacks, analysts expect that Golub Capital BDC will report full year sales of $234.92 million for the current year, with estimates ranging from $228.01 million to $241.83 million. For the next year, analysts anticipate that the business will report sales of $316.24 million, with estimates ranging from $298.00 million to $334.48 million. Zacks Investment Research’s sales averages are an average based on a survey of sell-side research analysts that cover Golub Capital BDC.

Golub Capital BDC (NASDAQ:GBDC) last posted its earnings results on Wednesday, November 28th. The investment management company reported $0.32 EPS for the quarter, hitting the consensus estimate of $0.32. The firm had revenue of $40.40 million for the quarter, compared to analyst estimates of $38.74 million. Golub Capital BDC had a return on equity of 8.02% and a net margin of 53.87%. Golub Capital BDC’s revenue for the quarter was up 15.4% compared to the same quarter last year. During the same period last year, the company earned $0.32 earnings per share.

GBDC has been the topic of several analyst reports. Zacks Investment Research lowered Golub Capital BDC from a “hold” rating to a “sell” rating in a report on Monday, August 13th. BidaskClub lowered Golub Capital BDC from a “hold” rating to a “sell” rating in a report on Thursday, August 30th. Finally, National Securities reissued a “buy” rating and issued a $21.00 price objective on shares of Golub Capital BDC in a report on Monday, August 13th.

Institutional investors and hedge funds have recently modified their holdings of the business. PNC Financial Services Group Inc. grew its holdings in Golub Capital BDC by 310.9% in the second quarter. PNC Financial Services Group Inc. now owns 5,715 shares of the investment management company’s stock valued at $105,000 after purchasing an additional 4,324 shares during the period. Sei Investments Co. grew its holdings in Golub Capital BDC by 62.2% in the second quarter. Sei Investments Co. now owns 8,146 shares of the investment management company’s stock valued at $149,000 after purchasing an additional 3,123 shares during the period. Belpointe Asset Management LLC acquired a new stake in Golub Capital BDC in the third quarter valued at approximately $158,000. M Holdings Securities Inc. acquired a new stake in Golub Capital BDC in the third quarter valued at approximately $202,000. Finally, Mirae Asset Global Investments Co. Ltd. acquired a new stake in Golub Capital BDC in the third quarter valued at approximately $276,000. 36.68% of the stock is currently owned by institutional investors.

Golub Capital BDC stock traded up $0.27 during midday trading on Monday, hitting $18.42. 330,842 shares of the company were exchanged, compared to its average volume of 170,160. The firm has a market cap of $1.09 billion, a price-to-earnings ratio of 14.28, a price-to-earnings-growth ratio of 6.97 and a beta of 0.55. Golub Capital BDC has a fifty-two week low of $17.35 and a fifty-two week high of $19.89. The company has a quick ratio of 2.19, a current ratio of 2.19 and a debt-to-equity ratio of 0.87.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 28th. Shareholders of record on Wednesday, December 12th will be issued a $0.32 dividend. This represents a $1.28 annualized dividend and a yield of 6.95%. The ex-dividend date is Tuesday, December 11th. Golub Capital BDC’s payout ratio is currently 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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