Somewhat Favorable News Coverage Somewhat Unlikely to Affect Golub Capital BDC (GBDC) Stock Price
Media coverage about Golub Capital BDC (NASDAQ:GBDC) has been trending somewhat positive on Thursday, Accern Sentiment reports. Accern scores the sentiment of press coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Golub Capital BDC earned a media sentiment score of 0.11 on Accern’s scale. Accern also gave media stories about the investment management company an impact score of 45.7060447372467 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
GBDC has been the topic of a number of research reports. BidaskClub upgraded Golub Capital BDC from a “sell” rating to a “hold” rating in a report on Wednesday, June 28th. Keefe, Bruyette & Woods restated a “hold” rating and issued a $19.50 price objective on shares of Golub Capital BDC in a report on Tuesday, July 25th. Zacks Investment Research upgraded Golub Capital BDC from a “hold” rating to a “buy” rating and set a $21.00 price objective on the stock in a report on Tuesday, October 3rd. Finally, National Securities restated a “neutral” rating and issued a $19.00 price objective on shares of Golub Capital BDC in a report on Wednesday, August 9th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and one has given a buy rating to the stock. Golub Capital BDC presently has a consensus rating of “Hold” and a consensus price target of $19.88.
Golub Capital BDC (NASDAQ GBDC) opened at 19.13 on Thursday. Golub Capital BDC has a 12-month low of $17.34 and a 12-month high of $20.50. The stock has a 50 day moving average price of $18.67 and a 200-day moving average price of $19.42.
Golub Capital BDC (NASDAQ:GBDC) last released its quarterly earnings data on Monday, August 7th. The investment management company reported $0.35 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.32 by $0.03. The firm had revenue of $35.40 million during the quarter, compared to analysts’ expectations of $35.11 million. Golub Capital BDC had a return on equity of 7.86% and a net margin of 53.62%. The business’s revenue for the quarter was up 5.4% on a year-over-year basis. During the same quarter last year, the firm earned $0.35 earnings per share. On average, equities analysts forecast that Golub Capital BDC will post $1.25 EPS for the current year.
The company also recently disclosed a quarterly dividend, which was paid on Friday, September 29th. Investors of record on Wednesday, September 6th were given a dividend of $0.32 per share. The ex-dividend date was Friday, September 1st. This represents a $1.28 dividend on an annualized basis and a yield of 6.69%. Golub Capital BDC’s payout ratio is 96.24%.
In related news, Director William M. Iv Webster purchased 5,000 shares of Golub Capital BDC stock in a transaction on Friday, September 1st. The stock was bought 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 directly owns 136,514 shares of the company’s stock, valued at $2,520,048.44. The acquisition was disclosed in a filing with the SEC, which can be accessed through this link. 2.40% of the stock is owned by 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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