Somewhat Favorable Press Coverage Somewhat Unlikely to Impact Golub Capital BDC (GBDC) Share Price
News stories about Golub Capital BDC (NASDAQ:GBDC) have trended somewhat positive on Friday, according to Accern Sentiment Analysis. The research group identifies positive and negative news coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Golub Capital BDC earned a news sentiment score of 0.19 on Accern’s scale. Accern also assigned press coverage about the investment management company an impact score of 45.8502841068881 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Several equities research analysts recently issued reports on GBDC shares. Raymond James Financial, Inc. reiterated a “market perform” rating on shares of Golub Capital BDC in a report on Wednesday, May 10th. They noted that the move was a valuation call. National Securities reiterated a “neutral” rating and issued a $19.00 price objective (up previously from $10.00) on shares of Golub Capital BDC in a report on Thursday, May 11th. Zacks Investment Research downgraded Golub Capital BDC from a “buy” rating to a “hold” rating in a report on Thursday, May 11th. BidaskClub upgraded Golub Capital BDC from a “sell” rating to a “hold” rating in a report on Wednesday, June 28th. Finally, Keefe, Bruyette & Woods reiterated a “hold” rating and issued a $19.50 price objective on shares of Golub Capital BDC in a report on Tuesday, July 25th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and one has given a buy rating to the company. Golub Capital BDC presently has an average rating of “Hold” and a consensus price target of $19.60.
Golub Capital BDC (GBDC) opened at 18.59 on Friday. The company’s 50-day moving average price is $19.29 and its 200 day moving average price is $19.52. Golub Capital BDC has a 1-year low of $17.34 and a 1-year high of $20.50.
Golub Capital BDC (NASDAQ:GBDC) last issued its earnings results 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. 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 business’s quarterly revenue was up 5.4% on a year-over-year basis. During the same period last year, the company posted $0.35 EPS. On average, equities research analysts anticipate that Golub Capital BDC will post $1.25 EPS for the current year.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 29th. Shareholders of record on Wednesday, September 6th will be given a $0.32 dividend. This represents a $1.28 annualized dividend and a yield of 6.89%. The ex-dividend date is Friday, September 1st. Golub Capital BDC’s dividend payout ratio (DPR) is presently 96.24%.
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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