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

Goldman Sachs BDC (NYSE:GSBD) is scheduled 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. Investors interested in listening to the company’s conference call can do so using this link.

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

Goldman Sachs BDC stock opened at $13.49 on Thursday. The stock’s 50 day moving average is $13.91 and its 200 day moving average is $14.73. Goldman Sachs BDC has a one year low of $13.38 and a one year high of $15.94. The firm has a market cap of $1.58 billion, a P/E ratio of 15.87 and a beta of 1.07. The company has a debt-to-equity ratio of 1.22, a current ratio of 1.22 and a quick ratio of 1.22.

Goldman Sachs BDC Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, October 28th. Stockholders of record on Monday, September 30th were paid a $0.45 dividend. The ex-dividend date was Monday, September 30th. This represents a $1.80 annualized dividend and a dividend yield of 13.34%. Goldman Sachs BDC’s dividend payout ratio is currently 211.76%.

Analyst Ratings Changes

GSBD has been the subject of a number of recent research reports. Truist Financial decreased their price objective on Goldman Sachs BDC from $16.00 to $14.00 and set a “hold” rating for the company in a report on Monday, August 12th. StockNews.com upgraded Goldman Sachs BDC from a “sell” rating to a “hold” rating in a research note on Tuesday, October 8th. Finally, Wells Fargo & Company upgraded shares of Goldman Sachs BDC from an “underweight” rating to an “equal weight” rating and reduced their target price for the stock 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.