Analysts Expect Goldman Sachs BDC, Inc. (NYSE:GSBD) Will Announce Earnings of $0.44 Per Share

Analysts expect that Goldman Sachs BDC, Inc. (NYSE:GSBDGet Rating) will announce earnings per share of $0.44 for the current fiscal quarter, according to Zacks Investment Research. Two analysts have provided estimates for Goldman Sachs BDC’s earnings. Goldman Sachs BDC posted earnings per share of $0.57 during the same quarter last year, which would suggest a negative year over year growth rate of 22.8%. The firm is scheduled to report its next quarterly earnings report on Monday, January 1st.

On average, analysts expect that Goldman Sachs BDC will report full year earnings of $1.78 per share for the current financial year, with EPS estimates ranging from $1.77 to $1.78. For the next fiscal year, analysts expect that the company will report earnings of $1.88 per share, with EPS estimates ranging from $1.80 to $1.96. Zacks’ earnings per share calculations are an average based on a survey of research firms that follow Goldman Sachs BDC.

Goldman Sachs BDC (NYSE:GSBDGet Rating) last posted its quarterly earnings results on Thursday, February 24th. The financial services provider reported $0.48 EPS for the quarter. Goldman Sachs BDC had a net margin of 50.23% and a return on equity of 13.66%. The company had revenue of $83.76 million during the quarter.

GSBD has been the subject of several research reports. StockNews.com lowered shares of Goldman Sachs BDC from a “hold” rating to a “sell” rating in a report on Tuesday, May 3rd. Zacks Investment Research lowered shares of Goldman Sachs BDC from a “buy” rating to a “hold” rating in a report on Monday, May 2nd. Finally, Wells Fargo & Company decreased their price target on shares of Goldman Sachs BDC from $19.50 to $18.50 and set an “equal weight” rating for the company in a research note on Monday, April 25th.

Shares of NYSE GSBD opened at $18.94 on Friday. The company has a current ratio of 0.93, a quick ratio of 0.93 and a debt-to-equity ratio of 1.15. Goldman Sachs BDC has a 12 month low of $18.22 and a 12 month high of $20.65. The firm has a market capitalization of $1.93 billion, a PE ratio of 11.27 and a beta of 1.27. The firm has a fifty day simple moving average of $19.57 and a two-hundred day simple moving average of $19.47.

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 27th. Investors of record on Thursday, June 30th will be given a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a yield of 9.50%. The ex-dividend date is Wednesday, June 29th. Goldman Sachs BDC’s dividend payout ratio (DPR) is 107.14%.

A number of hedge funds have recently made changes to their positions in GSBD. Victory Capital Management Inc. purchased a new stake in Goldman Sachs BDC during the 3rd quarter valued at about $280,000. Mackenzie Financial Corp boosted its holdings in shares of Goldman Sachs BDC by 14.0% during the 3rd quarter. Mackenzie Financial Corp now owns 70,840 shares of the financial services provider’s stock valued at $1,300,000 after acquiring an additional 8,711 shares during the last quarter. Wealth Architects LLC boosted its holdings in shares of Goldman Sachs BDC by 50.0% during the 3rd quarter. Wealth Architects LLC now owns 20,615 shares of the financial services provider’s stock valued at $378,000 after acquiring an additional 6,873 shares during the last quarter. BlackRock Inc. boosted its holdings in shares of Goldman Sachs BDC by 9.8% during the 3rd quarter. BlackRock Inc. now owns 267,979 shares of the financial services provider’s stock valued at $4,917,000 after acquiring an additional 23,822 shares during the last quarter. Finally, Barclays PLC boosted its holdings in shares of Goldman Sachs BDC by 1,317.1% during the 3rd quarter. Barclays PLC now owns 11,960 shares of the financial services provider’s stock valued at $219,000 after acquiring an additional 11,116 shares during the last quarter. 26.81% of the stock is currently owned by institutional investors.

Goldman Sachs BDC Company Profile (Get Rating)

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.

Further Reading

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Earnings History and Estimates for Goldman Sachs BDC (NYSE:GSBD)

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