Goldman Sachs BDC, Inc. (NYSE:GSBD) will be posting its quarterly earnings results after the market closes on Thursday, November 2nd. Analysts expect Goldman Sachs BDC to post earnings of $0.46 per share for the quarter.
Goldman Sachs BDC (NYSE:GSBD) last posted its quarterly earnings results on Thursday, August 3rd. The financial services provider reported $0.64 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.49 by $0.15. The company had revenue of $36.00 million for the quarter, compared to analyst estimates of $33.66 million. Goldman Sachs BDC had a return on equity of 11.54% and a net margin of 35.73%. Goldman Sachs BDC’s revenue for the quarter was up 11.8% compared to the same quarter last year. During the same quarter last year, the company earned $0.49 EPS. On average, analysts expect Goldman Sachs BDC to post $2.07 EPS for the current fiscal year and $1.98 EPS for the next fiscal year.
Goldman Sachs BDC, Inc. (NYSE GSBD) traded down 0.942% during midday trading on Tuesday, reaching $22.189. The company’s stock had a trading volume of 42,843 shares. The company has a 50 day moving average of $22.31 and a 200-day moving average of $22.69. Goldman Sachs BDC, Inc. has a 1-year low of $20.00 and a 1-year high of $25.60.
The business also recently disclosed a quarterly dividend, which was paid on Monday, October 16th. Shareholders of record on Friday, September 29th were paid a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a dividend yield of 8.04%. The ex-dividend date of this dividend was Thursday, September 28th. Goldman Sachs BDC’s dividend payout ratio is presently 139.54%.
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A number of brokerages have commented on GSBD. National Securities restated a “neutral” rating and set a $22.00 price objective on shares of Goldman Sachs BDC in a research note on Monday, August 7th. BidaskClub upgraded Goldman Sachs BDC from a “sell” rating to a “hold” rating in a research note on Thursday, August 3rd. Zacks Investment Research cut Goldman Sachs BDC from a “hold” rating to a “sell” rating in a research note on Tuesday, October 17th. Finally, TheStreet upgraded Goldman Sachs BDC from a “c” rating to a “b-” rating in a research note on Wednesday, August 9th. Three analysts have rated the stock with a sell rating, four have given a hold rating and three have given a buy rating to the company’s stock. Goldman Sachs BDC has an average rating of “Hold” and a consensus price target of $22.18.
Goldman Sachs BDC Company Profile
Goldman Sachs BDC, Inc is a closed-end management investment company. The Company is a specialty finance company, which is focused on lending to middle-market companies. The Company’s investment objective is to generate current income and, to a lesser extent, capital appreciation primarily through direct originations of secured debt, including first lien, including first lien, unitranche, including last out portions of such loans, and second lien debt, and unsecured debt, including mezzanine debt, as well as through select equity investments.
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