Media stories about Goldman Sachs BDC (NYSE:GSBD) have trended somewhat positive this week, Accern Sentiment Analysis reports. Accern rates the sentiment of media coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Goldman Sachs BDC earned a news sentiment score of 0.23 on Accern’s scale. Accern also gave media stories about the financial services provider an impact score of 48.0828336310902 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
A number of brokerages have recently issued reports on GSBD. Zacks Investment Research raised Goldman Sachs BDC from a “strong sell” rating to a “hold” rating in a research report on Tuesday, January 9th. TheStreet raised Goldman Sachs BDC from a “c” rating to a “b-” rating in a research report on Thursday, December 21st. National Securities reaffirmed a “neutral” rating and set a $22.00 price target on shares of Goldman Sachs BDC in a research report on Monday, November 6th. Finally, BidaskClub downgraded Goldman Sachs BDC from a “hold” rating to a “sell” rating in a research report on Saturday, October 28th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and three have given a buy rating to the stock. The company has an average rating of “Hold” and an average price target of $22.80.
Goldman Sachs BDC (GSBD) opened at $22.06 on Monday. The company has a debt-to-equity ratio of 0.61, a current ratio of 0.83 and a quick ratio of 0.83. Goldman Sachs BDC has a 12-month low of $21.00 and a 12-month high of $25.60. The stock has a market capitalization of $885.28 and a price-to-earnings ratio of -100.27.
Goldman Sachs BDC (NYSE:GSBD) last released its 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. Goldman Sachs BDC had a return on equity of 11.34% and a net margin of 32.19%. The firm had revenue of $34.40 million for the quarter, compared to the consensus estimate of $33.56 million. During the same period in the prior year, the firm earned $0.51 EPS. The firm’s revenue was up 1.3% on a year-over-year basis. research analysts predict that Goldman Sachs BDC will post 2.07 earnings per share for the current year.
The company also recently announced a quarterly dividend, which was paid on Tuesday, January 16th. Investors of record on Friday, December 29th were given a $0.45 dividend. This represents a $1.80 annualized dividend and a dividend yield of 8.16%. The ex-dividend date was Thursday, December 28th. Goldman Sachs BDC’s payout ratio is -818.18%.
In other news, Director Jaime Ardila bought 8,108 shares of the business’s stock in a transaction that occurred on Friday, December 1st. The shares were purchased at an average cost of $21.84 per share, with a total value of $177,078.72. Following the transaction, the director now directly owns 12,791 shares in the company, valued at $279,355.44. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. 0.32% of the stock is owned by corporate insiders.
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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