Press coverage about Goldman Sachs BDC (NYSE:GSBD) has been trending negative recently, according to InfoTrie. The research group rates the sentiment of news coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Goldman Sachs BDC earned a daily sentiment score of -2.18 on their scale. InfoTrie also assigned news coverage about the financial services provider an news buzz score of 0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock’s share price in the near term.
Shares of NYSE:GSBD traded up $0.08 during midday trading on Thursday, reaching $21.25. The company’s stock had a trading volume of 10,252 shares, compared to its average volume of 131,326. The firm has a market capitalization of $857.40 million, a price-to-earnings ratio of 10.32, a PEG ratio of 11.51 and a beta of 0.98. The company has a debt-to-equity ratio of 1.06, a quick ratio of 0.57 and a current ratio of 0.57. The firm has a 50 day moving average price of $21.34 and a two-hundred day moving average price of $20.39. Goldman Sachs BDC has a fifty-two week low of $18.71 and a fifty-two week high of $22.47.
Goldman Sachs BDC (NYSE:GSBD) last announced its earnings results on Thursday, November 7th. The financial services provider reported $0.47 EPS for the quarter, meeting the consensus estimate of $0.47. The company had revenue of $36.86 million for the quarter, compared to analyst estimates of $39.61 million. Goldman Sachs BDC had a return on equity of 11.89% and a net margin of 17.59%. The firm’s revenue for the quarter was down 2.9% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.54 EPS. As a group, research analysts anticipate that Goldman Sachs BDC will post 1.98 earnings per share for the current year.
The firm also recently declared a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st were issued a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a dividend yield of 8.47%. The ex-dividend date of this dividend was Monday, December 30th. Goldman Sachs BDC’s payout ratio is 87.38%.
A number of research analysts recently issued reports on GSBD shares. TheStreet lowered shares of Goldman Sachs BDC from a “b-” rating to a “c” rating in a report on Monday, November 25th. ValuEngine upgraded Goldman Sachs BDC from a “sell” rating to a “hold” rating in a research report on Tuesday, December 24th. Finally, Zacks Investment Research lowered Goldman Sachs BDC from a “hold” rating to a “strong sell” rating in a research note on Tuesday, November 12th. One analyst has rated the stock with a sell rating, three have issued a hold rating and two have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of $21.40.
About Goldman Sachs BDC
Goldman Sachs BDC, Inc is a business development company specializing in middle market and mezzanine investment in private companies. It seeks to make capital appreciation through direct originations of secured debt, senior secured debt, junior secured debt, including first lien, first lien/last-out unitranche and second lien debt, unsecured debt, including mezzanine debt and, to a lesser extent, investments in equities.
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