Golub Capital BDC, Inc. (GBDC)

NASDAQ: GBDC · Real-Time Price · USD
12.14
-0.01 (-0.08%)
At close: Feb 23, 2026, 4:00 PM EST
12.14
0.00 (0.00%)
Pre-market: Feb 24, 2026, 8:05 AM EST
Market Cap3.20B -22.0%
Revenue (ttm)857.08M +9.8%
Net Income330.58M +6.9%
EPS1.24 -9.6%
Shares Out 263.23M
PE Ratio9.76
Forward PE8.77
Dividend$1.56 (12.85%)
Ex-Dividend DateMar 13, 2026
Volume3,452,493
Open12.15
Previous Close12.15
Day's Range12.09 - 12.32
52-Week Range12.02 - 15.90
Beta0.44
AnalystsStrong Buy
Price Target14.17 (+16.72%)
Earnings DateFeb 4, 2026

About GBDC

Golub Capital BDC, Inc. (GBDC) is a business development company and operates as an externally managed closed-end non-diversified management investment company. It invests in debt and minority equity investments in middle-market companies that are, in most cases, sponsored by private equity investors. It typically invests in diversified consumer services, automobiles, healthcare technology, insurance, health care equipment and supplies, hotels, restaurants and leisure, healthcare providers and services, IT services and specialty retails. It see... [Read more]

Sector Financials
IPO Date Apr 15, 2010
Employees 875
Stock Exchange NASDAQ
Ticker Symbol GBDC
Full Company Profile

Financial Performance

In fiscal year 2025, Golub Capital BDC's revenue was $870.78 million, an increase of 20.16% compared to the previous year's $724.68 million. Earnings were $376.65 million, an increase of 37.57%.

Financial Statements

Analyst Summary

According to 3 analysts, the average rating for GBDC stock is "Strong Buy." The 12-month stock price target is $14.17, which is an increase of 16.72% from the latest price.

Price Target
$14.17
(16.72% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

The ABCs Of BDC Risk

There are multiple risks for your BDC investments now and three that specifically create risk for certain BDCs. Business development companies offer high yields but carry significant, often misunderst...

16 hours ago - Seeking Alpha

If I Had To Retire With 2 BDCs, These Would Be My Picks

The BDC sector faces mounting risks: falling base rates, spread compression, and rising credit issues, driving a ~23% index drawdown in 12 months. Dividend cuts have accelerated, with 12 out of ~55 BD...

8 days ago - Seeking Alpha

I Wouldn't Want To Retire Without The 3 Most Undervalued Income Machines

Three income powerhouses are trading at very compelling valuations right now. Each offers attractive income with substantial upside potential. Here's why I'm overweighting them while the market is sti...

11 days ago - Seeking Alpha

2 BDCs To Dump Before They Cut Their Dividend

The market has become worried about BDCs mostly from the credit risk perspective. However, some of the recent earnings reports and BDC examples show that dividend cut risk has not disappeared. In this...

11 days ago - Seeking Alpha

Why More BDCs Are Likely To Cut Their Dividends

Business Development Companies (BDCs) face headwinds from declining interest rates, which pressure yields and dividend coverage across the sector. Lower rates reduce BDC income as loan yields fall, in...

14 days ago - Seeking Alpha

Why BDC Dividend Cuts Aren't The Red Flag Investors Think

The market is signaling distress for BDCs, but the data tells a very different story. Dividend cuts for BDCs aren't what most investors think they are. Rare, well-covered double-digit yields trading a...

14 days ago - Seeking Alpha

High-Yield Wreck Your Retirement? Here Is Your Path To Recovery

The yield that looks safe today may be your biggest long-term risk. Dividend cuts can be more damaging than market pullbacks. A better income strategy most retirees overlook.

15 days ago - Seeking Alpha

My Ultimate Strategy For High Income And Market-Beating Returns

Why index investing is far riskier than it looks. A wildly popular dividend investing strategy may be setting investors up for disappointment. One overlooked approach could completely reshape long-ter...

15 days ago - Seeking Alpha

Golub Capital: Fundamentally Sound, But HOLD

Golub Capital is a leading BDC focused on senior secured loans to U.S. middle-market, PE-backed companies, with 26% exposure to software. Portfolio quality has modestly declined; non-accruals rose to ...

17 days ago - Seeking Alpha

Buy The Dip: 11-13% Yields Getting Way Too Cheap

The market is pricing in a disaster that the data still refuses to confirm. Deep discounts and double-digit yields are colliding in an overlooked corner of the market. If sentiment flips, the upside c...

17 days ago - Seeking Alpha

14 Ideal 'Safer' Dividend Buys From 29 Of 69 February Graham Value All-Stars (GVAS)

February's top Large Cap Value (GASV) stocks offer 27.69% to 69.77% net gains by February 2027, based on analyst targets. Fourteen of twenty-nine 'safer' lowest-priced GASV 'dogs' are currently buyabl...

18 days ago - Seeking Alpha

Golub Capital BDC (GBDC) Q1 2026 Earnings Call Transcript

Golub Capital BDC (GBDC) Q1 2026 Earnings Call Transcript

18 days ago - Seeking Alpha

My Income Portfolio - A Random Walk

My income portfolio prioritizes resilient, high-dividend securities with long-term positive NAV trends rather than trading based on unpredictable short-term price movements. Therefore, I focus on fund...

18 days ago - Seeking Alpha

Golub Capital BDC, Inc. Announces Fiscal Year 2026 First Quarter Financial Results

NEW YORK--(BUSINESS WIRE)--Golub Capital BDC, Inc., a business development company (Nasdaq: GBDC), today announced its financial results for its first fiscal quarter ended December 31, 2025. Except wh...

19 days ago - Business Wire

High-Yield Carnage In 2026

Multiple mortgage REITs fell by over 10% on the day. The stock driving the bus of bad dropped 33% on Friday and is continuing lower today. Preferred shares and baby bonds have consistently outperforme...

21 days ago - Seeking Alpha

A Golden Buying Opportunity: 7-11% Yields Income Investors Are Missing

Two elite income machines are trading like second-rate assets. A misunderstood inflection point could change everything. The market panic may be creating a rare gift for income investors.

Other symbols: AMLPBIZDEPDMPLXSPYDXLE
4 weeks ago - Seeking Alpha

Golub Capital BDC, Inc. Schedules Release of Fiscal Year 2026 First Quarter Results

NEW YORK--(BUSINESS WIRE)--Golub Capital BDC, Inc., a business development company (NASDAQ: GBDC, www.golubcapitalbdc.com), announced today that it will report its financial results for the quarter en...

6 weeks ago - Business Wire

Golub Capital: Why I Believe A 25%-35% Dividend Cut Is Coming (Rating Downgrade)

Golub Capital BDC faces near-term risk of a 25–35% dividend cut, prompting a downgrade from hold to sell. GBDC's dividend coverage has tightened, with FY NII of $1.56 below the $1.65 paid in dividends...

6 weeks ago - Seeking Alpha

The Chart That Answers Your Question About BDC Dividend Cuts

Investors have started to question how sustainable BDC dividends are. A lot of this skepticism is logical and justified by valid reasons. My calculus shows that on average BDCs could cut their dividen...

7 weeks ago - Seeking Alpha

Golub Capital: Moment To Sell Before Dividend Cut And NAV Erosion

Over the past 4 quarters, Golub Capital BDC has managed to shield its adjusted NII per share from the sector-wide headwinds. Yet, it all has came at the expense of prudent debt profile and healthy lon...

7 weeks ago - Seeking Alpha

A Golden Buy The Dip Opportunity: Blue-Chip 11%+ Yields

Recent economic data and stock price valuations have recently become disconnected in two high-yielding blue-chip stocks. This presents a rare golden buying opportunity. I share why these 11%+ yields a...

Other symbols: ARCCBIZDBXSLMAINOBDC
7 weeks ago - Seeking Alpha

My Income Portfolio's Year-End Review

The rebound that began in April on stock markets around the world is leading to a positive double-digit year-end close for Wall Street. This increase has been partially reflected in my portfolio, whic...

7 weeks ago - Seeking Alpha

17 Ideal 'Safer' Dividend Buys From 30 Of 73 November Graham Value All-Stars (GVAS)

Top ten GASV stocks offer projected average net gains of 50.81% by December 2026, with yields ranging from 8.16% to 12.74%. Seventeen of thirty 'safer' lowest-priced GASV stocks are currently fair-pri...

2 months ago - Seeking Alpha

Golub Capital: Get Paid 11% Owning Private Credit

Golub Capital (GBDC) trades at an 8% discount to book value and is rated a buy, with a fair value estimate of $14.97. GBDC's portfolio is 92% first-lien, well-diversified, and has a historically low n...

2 months ago - Seeking Alpha

The Silent Killer Of BDC Yields (And My Strategy To Outrun It)

BDCs face earnings pressure from lower base rates, but fears of severe dividend cuts are overstated. Quite many BDCs have several levers to pull in order to absorb ~100 bps of base rate cuts without t...

2 months ago - Seeking Alpha