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

Goldman Sachs BDC (NYSE:GSBD - Get Free Report) is set to announce its earnings results after the market closes on Thursday, November 7th. Analysts expect the company to announce earnings of $0.56 per share for the quarter. Persons that are interested in participating in the company's earnings conference call can do so using this link.

Goldman Sachs BDC (NYSE:GSBD - Get Free Report) last released its earnings results on Thursday, August 8th. The financial services provider reported $0.57 earnings per share for the quarter, beating the consensus estimate of $0.52 by $0.05. The firm had revenue of $108.62 million for the quarter, compared to the consensus estimate of $112.07 million. Goldman Sachs BDC had a return on equity of 15.79% and a net margin of 19.84%. 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 Down 1.1 %

GSBD traded down $0.15 during trading on Thursday, reaching $13.34. The company had a trading volume of 570,109 shares, compared to its average volume of 617,918. The company has a quick ratio of 1.22, a current ratio of 1.22 and a debt-to-equity ratio of 1.22. The business has a 50 day simple moving average of $13.91 and a 200-day simple moving average of $14.73. The stock has a market cap of $1.56 billion, a P/E ratio of 15.69 and a beta of 1.07. Goldman Sachs BDC has a 52 week low of $13.30 and a 52 week high of $15.94.

Goldman Sachs BDC Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, October 28th. Stockholders of record on Monday, September 30th were issued a $0.45 dividend. The ex-dividend date of this dividend was Monday, September 30th. This represents a $1.80 annualized dividend and a dividend yield of 13.49%. Goldman Sachs BDC's dividend payout ratio (DPR) is presently 211.76%.

Analyst Ratings Changes

GSBD has been the topic of several analyst reports. StockNews.com raised shares of Goldman Sachs BDC from a "sell" rating to a "hold" rating in a research report on Tuesday, October 8th. Truist Financial cut their target price on Goldman Sachs BDC from $16.00 to $14.00 and set a "hold" rating on the stock in a research note on Monday, August 12th. Finally, Wells Fargo & Company upgraded shares of Goldman Sachs BDC from an "underweight" rating to an "equal weight" rating and cut their price target for the company from $14.00 to $12.00 in a research note on Monday, August 12th.

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.