Goldman Sachs BDC (NYSE:GSBD - Get Free Report) announced its earnings results on Thursday. The financial services provider reported $0.47 earnings per share for the quarter, missing analysts' consensus estimates of $0.50 by ($0.03), Zacks reports. Goldman Sachs BDC had a net margin of 17.01% and a return on equity of 15.72%. The business had revenue of $103.80 million for the quarter, compared to the consensus estimate of $105.32 million.
Goldman Sachs BDC Stock Down 2.1 %
NYSE:GSBD traded down $0.27 during trading hours on Monday, reaching $12.77. 1,275,390 shares of the company traded hands, compared to its average volume of 755,623. The company has a current ratio of 1.26, a quick ratio of 1.26 and a debt-to-equity ratio of 1.19. The business's 50-day moving average price is $12.63 and its two-hundred day moving average price is $13.20. Goldman Sachs BDC has a 1 year low of $11.72 and a 1 year high of $15.94. The stock has a market capitalization of $1.50 billion, a P/E ratio of 18.24 and a beta of 1.06.
Goldman Sachs BDC Increases Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Monday, April 28th. Investors of record on Monday, March 31st will be given a dividend of $0.16 per share. This represents a $0.64 dividend on an annualized basis and a yield of 5.01%. The ex-dividend date is Monday, March 31st. This is a positive change from Goldman Sachs BDC's previous quarterly dividend of $0.05. Goldman Sachs BDC's dividend payout ratio (DPR) is 315.79%.
About Goldman Sachs BDC
(
Get Free Report)
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.
Recommended Stories
Before you consider Goldman Sachs BDC, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Goldman Sachs BDC wasn't on the list.
While Goldman Sachs BDC currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
