Somewhat Favorable Press Coverage Somewhat Unlikely to Affect Goldman Sachs BDC (GSBD) Stock Price

Media stories about Goldman Sachs BDC (NYSE:GSBD) have trended somewhat positive this week, according to Accern Sentiment Analysis. The research group identifies negative and positive press coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Goldman Sachs BDC earned a coverage optimism score of 0.09 on Accern’s scale. Accern also gave press coverage about the financial services provider an impact score of 45.7941092580468 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.

Here are some of the media stories that may have impacted Accern Sentiment’s rankings:

Several equities research analysts have commented on the stock. BidaskClub upgraded shares of Goldman Sachs BDC from a “sell” rating to a “hold” rating in a research report on Thursday, September 28th. Zacks Investment Research cut Goldman Sachs BDC from a “hold” rating to a “sell” rating in a research report on Tuesday, October 17th. Finally, National Securities reaffirmed a “neutral” rating and set a $22.00 target price on shares of Goldman Sachs BDC in a research report on Monday, November 6th. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating and three have assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and an average target price of $22.60.

Goldman Sachs BDC (NYSE:GSBD) opened at $22.52 on Friday. The stock has a market capitalization of $897.32, a PE ratio of 20.11, a P/E/G ratio of 2.16 and a beta of 0.81. Goldman Sachs BDC has a 1-year low of $21.00 and a 1-year high of $25.60. The company has a quick ratio of 0.83, a current ratio of 0.83 and a debt-to-equity ratio of 0.61.

Goldman Sachs BDC (NYSE:GSBD) last posted its quarterly earnings results on Thursday, November 2nd. The financial services provider reported $0.47 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.47. The business had revenue of $34.40 million for the quarter, compared to analysts’ expectations of $33.56 million. Goldman Sachs BDC had a return on equity of 11.34% and a net margin of 32.19%. The firm’s quarterly revenue was up 1.3% compared to the same quarter last year. During the same quarter last year, the business earned $0.51 earnings per share. equities analysts forecast that Goldman Sachs BDC will post 2.07 EPS for the current year.

The business also recently announced a quarterly dividend, which will be paid on Tuesday, January 16th. Shareholders of record on Friday, December 29th will be issued a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a yield of 7.99%. The ex-dividend date of this dividend is Thursday, December 28th. Goldman Sachs BDC’s dividend payout ratio (DPR) is currently 160.71%.

In related news, Director Jaime Ardila bought 8,108 shares of Goldman Sachs BDC stock in a transaction on Friday, December 1st. The shares were purchased at an average price of $21.84 per share, for a total transaction of $177,078.72. Following the completion of the acquisition, the director now owns 12,791 shares in the company, valued at $279,355.44. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 0.32% of the stock is currently owned by company insiders.

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About Goldman Sachs BDC

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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