Goldman Sachs BDC (GSBD) to Release Earnings on Tuesday

Goldman Sachs BDC (NYSE:GSBD) is set to post 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 that wish to listen to the company’s earnings conference call can do so using this link.

Goldman Sachs BDC (NYSE:GSBD) last announced its quarterly earnings data 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). Goldman Sachs BDC had a net margin of 43.06% and a return on equity of 15.05%. The company had revenue of $115.40 million during 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 Stock Up 0.6 %

Shares of NYSE GSBD opened at $15.78 on Tuesday. The company has a quick ratio of 1.13, a current ratio of 1.13 and a debt-to-equity ratio of 1.14. The firm has a 50-day moving average price of $15.21 and a 200 day moving average price of $14.91. Goldman Sachs BDC has a 52 week low of $12.75 and a 52 week high of $15.80. The stock has a market capitalization of $1.77 billion, a price-to-earnings ratio of 8.77 and a beta of 1.13.

Goldman Sachs BDC Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, April 26th. Shareholders of record on Thursday, March 28th were given a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a yield of 11.41%. The ex-dividend date was Wednesday, March 27th. Goldman Sachs BDC’s payout ratio is currently 100.00%.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on GSBD shares. Wells Fargo & Company lifted 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 report on Monday, January 29th. StockNews.com upgraded shares of Goldman Sachs BDC from a “hold” rating to a “buy” rating in a research report on Friday.

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.