Goldman Sachs BDC (GSBD) Scheduled to Post Quarterly Earnings on Tuesday

Goldman Sachs BDC (NYSE:GSBD) is scheduled to be posting its quarterly earnings results after the market closes on Tuesday, May 7th. Analysts expect Goldman Sachs BDC to post earnings of $0.55 per share for the quarter. Individual interested in participating in the company’s earnings conference call can do so using this link.

Goldman Sachs BDC (NYSE:GSBD) last posted its earnings results on Wednesday, February 28th. The financial services provider reported $0.55 earnings per share for the quarter, missing analysts’ consensus estimates of $0.57 by ($0.02). Goldman Sachs BDC had a return on equity of 15.05% and a net margin of 43.06%. The business had revenue of $115.40 million for the quarter, compared to analyst estimates of $117.09 million. 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. The company has a debt-to-equity ratio of 1.14, a current ratio of 1.13 and a quick ratio of 1.13. The business has a fifty day simple moving average of $15.24 and a two-hundred day simple moving average of $14.95. Goldman Sachs BDC has a 1 year low of $12.75 and a 1 year high of $15.80. The company has a market capitalization of $1.75 billion, a price-to-earnings ratio of 8.66 and a beta of 1.11.

Goldman Sachs BDC Announces Dividend

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

Analysts Set New Price Targets

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

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.