News coverage about Goldman Sachs BDC (NYSE:GSBD) has been trending somewhat positive recently, Accern reports. Accern scores the sentiment of news coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Goldman Sachs BDC earned a news impact score of 0.07 on Accern’s scale. Accern also assigned media headlines about the financial services provider an impact score of 45.4342460571352 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
Shares of Goldman Sachs BDC (NYSE:GSBD) opened at $21.91 on Friday. 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 has a 12 month low of $21.00 and a 12 month high of $25.60. The stock has a market capitalization of $867.22 and a P/E ratio of -99.59.
Goldman Sachs BDC (NYSE:GSBD) last released its quarterly earnings data on Thursday, November 2nd. The financial services provider reported $0.47 earnings per share (EPS) for the quarter, hitting the Zacks’ consensus estimate of $0.47. Goldman Sachs BDC had a return on equity of 11.34% and a net margin of 32.19%. The business had revenue of $34.40 million for the quarter, compared to the consensus estimate of $33.56 million. During the same quarter in the previous year, the company posted $0.51 EPS. The company’s revenue was up 1.3% compared to the same quarter last year. sell-side analysts expect that Goldman Sachs BDC will post 2.07 earnings per share for the current year.
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 16th. Shareholders of record on Friday, December 29th will be paid a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a yield of 8.22%. The ex-dividend date of this dividend is Thursday, December 28th. Goldman Sachs BDC’s payout ratio is -818.18%.
A number of analysts have issued reports on the company. BidaskClub raised Goldman Sachs BDC from a “sell” rating to a “hold” rating in a research note on Thursday, September 28th. Zacks Investment Research downgraded Goldman Sachs BDC from a “hold” rating to a “strong sell” rating in a research note on Wednesday, January 3rd. National Securities reaffirmed a “neutral” rating and issued a $22.00 price objective on shares of Goldman Sachs BDC in a research note on Monday, November 6th. Finally, TheStreet raised Goldman Sachs BDC from a “c” rating to a “b-” rating in a research note on Thursday, December 21st. One analyst has rated the stock with a sell rating, three have assigned a hold rating and three have given a buy rating to the company’s stock. Goldman Sachs BDC presently has an average rating of “Hold” and a consensus target price of $22.80.
In other news, Director Jaime Ardila acquired 8,108 shares of Goldman Sachs BDC stock in a transaction on Friday, December 1st. The shares were acquired at an average price of $21.84 per share, with a total value of $177,078.72. Following the purchase, the director now directly owns 12,791 shares in the company, valued at approximately $279,355.44. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Insiders own 0.32% of the company’s stock.
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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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