Golub Capital BDC (GBDC) Receiving Somewhat Positive News Coverage, Accern Reports
Headlines about Golub Capital BDC (NASDAQ:GBDC) have been trending somewhat positive this week, Accern Sentiment reports. The research group scores the sentiment of media coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Golub Capital BDC earned a news sentiment score of 0.18 on Accern’s scale. Accern also assigned media stories about the investment management company an impact score of 45.575182166083 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Here are some of the media stories that may have impacted Accern’s rankings:
- Golub Capital BDC Enters Oversold Territory (GBDC) (nasdaq.com)
- Golub Capital BDC, Inc. (GBDC) Given Average Recommendation of “Hold” by Brokerages (americanbankingnews.com)
- Reviewing Fidus Investment Corporation (FDUS) & Golub Capital BDC (GBDC) (americanbankingnews.com)
- Zacks: Brokerages Expect Golub Capital BDC, Inc. (GBDC) Will Post Earnings of $0.32 Per Share (americanbankingnews.com)
- Pick Up This Cheap 7.0% Yield Dividend Stock Even Lower Than Director Webster IV Did (nasdaq.com)
Several brokerages have issued reports on GBDC. National Securities reissued a “neutral” rating and issued a $19.00 target price on shares of Golub Capital BDC in a research report on Wednesday, August 9th. BidaskClub cut Golub Capital BDC from a “sell” rating to a “strong sell” rating in a research report on Tuesday, August 8th. Finally, Keefe, Bruyette & Woods reissued a “hold” rating and issued a $19.50 target price on shares of Golub Capital BDC in a research 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 issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of $19.60.
Golub Capital BDC (NASDAQ:GBDC) opened at 18.42 on Wednesday. Golub Capital BDC has a 52-week low of $17.34 and a 52-week high of $20.50. The stock’s 50 day moving average price is $19.07 and its 200-day moving average price is $19.52.
Golub Capital BDC (NASDAQ:GBDC) last issued its earnings results on Monday, August 7th. The investment management company reported $0.35 EPS for the quarter, topping analysts’ consensus estimates of $0.32 by $0.03. Golub Capital BDC had a return on equity of 7.86% and a net margin of 53.62%. The firm had revenue of $35.40 million for the quarter, compared to the consensus estimate of $35.11 million. During the same quarter in the prior year, the business earned $0.35 earnings per share. The company’s revenue was up 5.4% compared to the same quarter last year. On average, equities analysts predict that Golub Capital BDC will post $1.25 EPS for the current year.
The business also recently announced a quarterly dividend, which will be paid on Friday, September 29th. Stockholders 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 dividend on an annualized basis and a dividend yield of 6.95%. Golub Capital BDC’s payout ratio is 96.24%.
In related news, Director William M. Iv Webster bought 5,000 shares of the stock in a transaction dated Friday, September 1st. The shares were purchased at an average price of $18.46 per share, for a total transaction of $92,300.00. Following the completion of the purchase, the director now directly owns 136,514 shares of the company’s stock, valued at $2,520,048.44. The purchase was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 2.40% of the stock is owned by corporate insiders.
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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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