News headlines about Goldman Sachs BDC (NYSE:GSBD) have trended somewhat positive on Thursday, Accern Sentiment reports. The research group identifies positive and negative press coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Goldman Sachs BDC earned a coverage optimism score of 0.11 on Accern’s scale. Accern also gave news coverage about the financial services provider an impact score of 46.3769468004989 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
A number of equities research analysts recently issued reports on GSBD shares. National Securities upgraded shares of Goldman Sachs BDC from a “neutral” rating to a “buy” rating and increased their target price for the stock from $22.00 to $23.00 in a research report on Monday, May 7th. Zacks Investment Research upgraded shares of Goldman Sachs BDC from a “sell” rating to a “hold” rating in a research report on Wednesday, March 14th. Goldman Sachs Group upgraded shares of Goldman Sachs BDC from an “outperform” rating to a “strong-buy” rating in a research report on Tuesday, May 8th. ValuEngine upgraded shares of Goldman Sachs BDC from a “sell” rating to a “hold” rating in a research report on Tuesday, May 8th. Finally, Raymond James reiterated a “strong-buy” rating on shares of Goldman Sachs BDC in a research report on Wednesday, May 9th. Three analysts have rated the stock with a sell rating, two have issued a hold rating, two have assigned a buy rating and two have given a strong buy rating to the stock. Goldman Sachs BDC has a consensus rating of “Hold” and a consensus price target of $23.00.
Get Goldman Sachs BDC alerts:NYSE:GSBD traded up $0.18 during mid-day trading on Thursday, reaching $21.14. 114,100 shares of the company were exchanged, compared to its average volume of 130,144. Goldman Sachs BDC has a 12 month low of $18.78 and a 12 month high of $23.20. The company has a quick ratio of 0.89, a current ratio of 0.89 and a debt-to-equity ratio of 0.72. The firm has a market cap of $842.08 million, a P/E ratio of 10.21, a P/E/G ratio of 2.14 and a beta of 0.78.
Goldman Sachs BDC (NYSE:GSBD) last issued its quarterly earnings data on Thursday, May 3rd. The financial services provider reported $0.47 EPS for the quarter, hitting analysts’ consensus estimates of $0.47. Goldman Sachs BDC had a net margin of 38.13% and a return on equity of 11.09%. The firm had revenue of $35.54 million for the quarter, compared to analyst estimates of $36.19 million. During the same quarter in the prior year, the firm earned $0.40 EPS. The company’s revenue was up 10.4% on a year-over-year basis. equities analysts predict that Goldman Sachs BDC will post 1.96 earnings per share for the current fiscal year.
The business also recently disclosed a quarterly dividend, which will be paid on Monday, July 16th. Shareholders of record on Friday, June 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 8.51%. The ex-dividend date of this dividend is Thursday, June 28th. Goldman Sachs BDC’s dividend payout ratio is currently 86.96%.
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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