Kayne Anderson BDC (NYSE:KBDC) Issues Earnings Results, Beats Estimates By $0.07 EPS

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 analysts’ consensus estimates of $0.39 by $0.07, Zacks reports. Kayne Anderson BDC had a return on equity of 10.63% and a net margin of 31.54%. The business had revenue of $58.96 million during the quarter, compared to analysts’ expectations of $57.35 million.

Kayne Anderson BDC Stock Down 2.6%

NYSE KBDC traded down $0.34 during mid-day trading on Friday, reaching $12.40. The stock had a trading volume of 925,929 shares, compared to its average volume of 356,291. Kayne Anderson BDC has a 1 year low of $12.14 and a 1 year high of $15.87. The stock has a market cap of $819.23 million, a PE ratio of 14.77 and a beta of 0.32. The company has a fifty day moving average price of $12.88 and a 200 day moving average price of $13.75. The company has a debt-to-equity ratio of 1.16, a current ratio of 1.25 and a quick ratio of 1.25.

Kayne Anderson BDC Dividend Announcement

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

Insider Transactions at Kayne Anderson BDC

In other Kayne Anderson BDC news, Director James Robo bought 340,000 shares of the business’s stock in a transaction on Wednesday, September 16th. The shares were acquired at an average cost of $13.04 per share, for a total transaction of $4,433,600.00. Following the purchase, the director owned 400,000 shares in the company, valued at approximately $5,216,000. This trade represents a 566.67% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Over the last quarter, insiders purchased 766,716 shares of company stock valued at $10,002,000. Corporate insiders own 2.90% of the company’s stock.

Analyst Ratings Changes

A number of research firms have recently commented on KBDC. Royal Bank Of Canada cut their target price on Kayne Anderson BDC from $16.00 to $15.00 and set an “outperform” rating on the stock in a research note on Thursday, August 13th. UBS Group lowered their price target on Kayne Anderson BDC from $15.00 to $13.50 and set a “neutral” rating for the company in a research report on Tuesday, September 1st. Finally, Zacks Research upgraded shares of Kayne Anderson BDC from a “strong sell” rating to a “hold” rating in a research note on Tuesday, October 13th. Two equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $14.50.

More 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

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.