Goldman Sachs BDC, Inc. (NYSE:GSBD – Get Free Report) was the recipient of a large decrease in short interest in the month of March. As of March 31st, there was short interest totalling 1,440,000 shares, a decrease of 7.1% from the March 15th total of 1,550,000 shares. Based on an average daily volume of 600,800 shares, the short-interest ratio is presently 2.4 days.
Analyst Upgrades and Downgrades
A number of equities analysts recently weighed in on the stock. Wells Fargo & Company upped their target price on shares of Goldman Sachs BDC from $14.50 to $15.00 and gave the stock an “equal weight” rating in a research note on Monday, January 29th. StockNews.com cut shares of Goldman Sachs BDC from a “buy” rating to a “hold” rating in a research report on Saturday, March 9th.
View Our Latest Report on Goldman Sachs BDC
Institutional Investors Weigh In On Goldman Sachs BDC
Goldman Sachs BDC Trading Up 1.1 %
Shares of NYSE:GSBD opened at $15.13 on Thursday. The company’s 50-day moving average price is $15.16 and its two-hundred day moving average price is $14.83. The company has a debt-to-equity ratio of 1.14, a current ratio of 1.13 and a quick ratio of 1.13. Goldman Sachs BDC has a one year low of $12.75 and a one year high of $15.65. The stock has a market capitalization of $1.70 billion, a PE ratio of 8.41 and a beta of 1.13.
Goldman Sachs BDC (NYSE:GSBD – Get Free Report) last issued its quarterly earnings results on Wednesday, February 28th. The financial services provider reported $0.55 EPS for the quarter, missing the consensus estimate of $0.57 by ($0.02). The business had revenue of $115.40 million for the quarter, compared to the consensus estimate of $117.09 million. Goldman Sachs BDC had a return on equity of 15.05% and a net margin of 43.06%. On average, equities analysts forecast that Goldman Sachs BDC will post 2.18 EPS for the current fiscal year.
Goldman Sachs BDC Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Friday, April 26th. Stockholders of record on Thursday, March 28th will be issued a $0.45 dividend. The ex-dividend date of this dividend is Wednesday, March 27th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 11.90%. Goldman Sachs BDC’s payout ratio is 100.00%.
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.
Featured Articles
- Five stocks we like better than Goldman Sachs BDC
- How to Calculate Inflation Rate
- United Airlines Soars on Earnings Beat
- Health Care Stocks Explained: Why You Might Want to Invest
- J.B. Hunt Hits the Skids: Lower Prices to Come
- What is the Australian Securities Exchange (ASX)
- Predicting a Bear Market: 7 Signs and Why it’s Tough to Do
Receive News & Ratings for Goldman Sachs BDC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Goldman Sachs BDC and related companies with MarketBeat.com's FREE daily email newsletter.