Goldman Sachs BDC (GSBD) Set to Announce Quarterly Earnings on Tuesday

Goldman Sachs BDC (NYSE:GSBD) is set to release its earnings data after the market closes on Tuesday, May 7th. Analysts expect Goldman Sachs BDC to post earnings of $0.55 per share for the quarter. Investors that wish to register for the company’s conference call can do so using this link.

Goldman Sachs BDC (NYSE:GSBD) last issued its quarterly earnings results on Wednesday, February 28th. The financial services provider reported $0.55 EPS for the quarter, missing analysts’ consensus estimates of $0.57 by ($0.02). The business had revenue of $115.40 million for the quarter, compared to analyst estimates of $117.09 million. Goldman Sachs BDC had a return on equity of 15.05% and a net margin of 43.06%. On average, analysts expect Goldman Sachs BDC to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Goldman Sachs BDC Trading Up 1.0 %

Shares of Goldman Sachs BDC stock opened at $15.58 on Friday. Goldman Sachs BDC has a 1 year low of $12.75 and a 1 year high of $15.80. The company’s fifty day simple moving average is $15.24 and its 200-day simple moving average is $14.95. The company has a market cap of $1.75 billion, a price-to-earnings ratio of 8.66 and a beta of 1.11. The company has a current ratio of 1.13, a quick ratio of 1.13 and a debt-to-equity ratio of 1.14.

Goldman Sachs BDC Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, April 26th. Shareholders of record on Thursday, March 28th were issued a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a yield of 11.55%. The ex-dividend date was Wednesday, March 27th. Goldman Sachs BDC’s dividend payout ratio (DPR) is presently 100.00%.

Analysts Set New Price Targets

A number of brokerages have recently commented on GSBD. StockNews.com lowered shares of Goldman Sachs BDC from a “buy” rating to a “hold” rating in a research report on Saturday. Wells Fargo & Company upped their price target on Goldman Sachs BDC from $14.50 to $15.00 and gave the company an “equal weight” rating in a report on Monday, January 29th.

Goldman Sachs BDC Company Profile

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.