Golub Capital BDC, Inc. (NASDAQ:GBDC) Receives $14.00 Average Price Target from Analysts

Shares of Golub Capital BDC, Inc. (NASDAQ:GBDCGet Free Report) have received an average recommendation of “Moderate Buy” from the seven research firms that are currently covering the stock, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, one has assigned a hold rating, four have given a buy rating and one has issued a strong buy rating on the company. The average 12 month target price among brokers that have issued ratings on the stock in the last year is $14.00.

GBDC has been the subject of a number of research analyst reports. Royal Bank Of Canada dropped their price target on Golub Capital BDC from $15.00 to $14.00 and set an “outperform” rating for the company in a research report on Thursday, May 7th. Weiss Ratings restated a “hold (c)” rating on shares of Golub Capital BDC in a research report on Friday, March 27th. Wall Street Zen downgraded Golub Capital BDC from a “hold” rating to a “sell” rating in a research report on Sunday, April 19th. Oppenheimer restated an “outperform” rating and issued a $14.00 target price on shares of Golub Capital BDC in a research report on Wednesday, May 6th. Finally, Zacks Research downgraded Golub Capital BDC from a “hold” rating to a “strong sell” rating in a research report on Thursday, May 7th.

Read Our Latest Stock Analysis on Golub Capital BDC

Institutional Trading of Golub Capital BDC

Hedge funds have recently bought and sold shares of the company. Main Street Group LTD bought a new stake in Golub Capital BDC in the 1st quarter worth approximately $47,000. Fifth Third Bancorp bought a new stake in Golub Capital BDC in the 1st quarter worth approximately $68,000. Advisory Services Network LLC bought a new stake in Golub Capital BDC in the 3rd quarter worth approximately $77,000. Clearstead Advisors LLC lifted its position in Golub Capital BDC by 48.6% in the 4th quarter. Clearstead Advisors LLC now owns 5,933 shares of the investment management company’s stock worth $81,000 after buying an additional 1,941 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. lifted its position in Golub Capital BDC by 104.0% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 6,447 shares of the investment management company’s stock valued at $87,000 after purchasing an additional 3,287 shares during the last quarter. Institutional investors own 42.38% of the company’s stock.

Golub Capital BDC Stock Performance

Shares of GBDC opened at $12.35 on Tuesday. The company has a market cap of $3.22 billion, a PE ratio of 16.04 and a beta of 0.39. The company has a current ratio of 2.20, a quick ratio of 2.20 and a debt-to-equity ratio of 1.25. The stock has a 50-day moving average price of $13.09 and a 200-day moving average price of $13.08. Golub Capital BDC has a 12-month low of $11.77 and a 12-month high of $15.63.

Golub Capital BDC (NASDAQ:GBDCGet Free Report) last issued its quarterly earnings results on Monday, May 4th. The investment management company reported $0.34 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.36 by ($0.02). The business had revenue of ($5.28) million for the quarter, compared to the consensus estimate of $201.71 million. Golub Capital BDC had a net margin of 24.64% and a return on equity of 10.20%. During the same quarter last year, the business posted $0.30 EPS. As a group, equities analysts forecast that Golub Capital BDC will post 1.36 earnings per share for the current fiscal year.

Golub Capital BDC Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, June 29th. Investors of record on Monday, June 15th will be given a $0.33 dividend. The ex-dividend date is Monday, June 15th. This represents a $1.32 dividend on an annualized basis and a yield of 10.7%. Golub Capital BDC’s payout ratio is presently 171.43%.

Golub Capital BDC Company Profile

(Get Free Report)

Golub Capital BDC (NASDAQ: GBDC) is a publicly traded business development company specializing in providing debt and equity financing solutions to middle-market companies in the United States. Externally managed by Golub Capital LLC, the firm focuses on building a diversified portfolio of senior secured loans, unitranche facilities and second-lien debt instruments designed to support growth, acquisitions and recapitalizations. As a closed-end investment vehicle, GBDC offers investors direct exposure to private credit strategies within a regulated structure.

The company’s core business activities center on originating and managing bespoke financing arrangements for U.S.

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Analyst Recommendations for Golub Capital BDC (NASDAQ:GBDC)

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