Kayne Anderson BDC (NYSE:KBDC) Announces Quarterly Earnings Results

Kayne Anderson BDC (NYSE:KBDC) announced its quarterly earnings data on Thursday. The company reported $0.46 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.39 by $0.07, Zacks reports. The company had revenue of $58.96 million for the quarter, compared to analysts’ expectations of $57.35 million. Kayne Anderson BDC had a net margin of 31.54% and a return on equity of 10.63%.

Kayne Anderson BDC Price Performance

Shares of NYSE:KBDC traded down $0.34 on Friday, reaching $12.40. 925,929 shares of the company were exchanged, compared to its average volume of 356,291. The company has a 50-day moving average of $12.88 and a 200-day moving average of $13.75. The company has a current ratio of 1.25, a quick ratio of 1.25 and a debt-to-equity ratio of 1.16. The firm has a market cap of $819.23 million, a price-to-earnings ratio of 14.77 and a beta of 0.32. Kayne Anderson BDC has a 1-year low of $12.14 and a 1-year high of $15.87.

Kayne Anderson BDC Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, January 19th. Shareholders of record on Thursday, December 31st will be given a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 12.9%. The ex-dividend date is Thursday, December 31st. Kayne Anderson BDC’s payout ratio is presently 146.79%.

Insider Activity at Kayne Anderson BDC

In related news, Director James Robo acquired 146,755 shares of the firm’s stock in a transaction that occurred on Monday, September 28th. The shares were purchased at an average price of $13.03 per share, with a total value of $1,912,217.65. Following the completion of the acquisition, the director owned 766,716 shares in the company, valued at approximately $9,990,309.48. This represents a 23.67% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders have bought a total of 766,716 shares of company stock valued at $10,002,000 in the last ninety days. 2.90% of the stock is owned by company insiders.

Key Kayne Anderson BDC News

Here are the key news stories impacting Kayne Anderson BDC this week:

• Positive Sentiment: Q3 2026 earnings per share of $0.46 topped the $0.39 consensus estimate, and revenue of $58.96 million exceeded expectations of $57.35 million. Coverage also highlighted record net investment income, providing evidence of solid earnings generation. Kayne Anderson BDC Thrives Amidst Market Uncertainty with Record Net Investment Income
• Positive Sentiment: KBDC declared a fourth-quarter dividend of $0.40 per share, maintaining its payout. That equals $1.60 annualized, or an indicated yield of about 12.6% based on the cited share price, supporting the stock’s income appeal. KBDC signals $0.40 Q4 dividend stability
• Negative Sentiment: Reports flagged credit stress, and the company expects to complete the Centerline restructuring in Q4. The restructuring remains an execution and credit-quality concern despite the earnings beat. Kayne Anderson BDC Q3 2026: Big Earnings Beat Despite Credit Stress

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on KBDC. UBS Group lowered their target price on shares of Kayne Anderson BDC from $15.00 to $13.50 and set a “neutral” rating on the stock in a report on Tuesday, September 1st. Zacks Research raised shares of Kayne Anderson BDC from a “strong sell” rating to a “hold” rating in a report on Tuesday, October 13th. Finally, Royal Bank Of Canada reduced their price objective on shares of Kayne Anderson BDC from $16.00 to $15.00 and set an “outperform” rating for the company in a research report on Thursday, August 13th. Two investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, Kayne Anderson BDC currently has a consensus rating of “Hold” and an average price target of $14.50.

Kayne Anderson BDC Company Profile

Kayne Anderson BDC, Inc is a business development company that invests in privately held, middle-market companies. The company seeks to generate current income and, to a lesser extent, capital appreciation by providing financing to businesses that may have limited access to traditional sources of capital.

Its investment activities primarily consist of loans and other debt investments, including senior secured, unitranche and subordinated debt. Kayne Anderson BDC may also make equity and equity-related investments in portfolio companies.