Somewhat Positive Press Coverage Somewhat Unlikely to Affect Goldman Sachs BDC (GSBD) Share Price

Media headlines about Goldman Sachs BDC (NYSE:GSBD) have been trending somewhat positive recently, Accern Sentiment reports. Accern identifies positive and negative press coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Goldman Sachs BDC earned a media sentiment score of 0.07 on Accern’s scale. Accern also gave media coverage about the financial services provider an impact score of 45.4775703597679 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.

Several equities research analysts recently weighed in on GSBD shares. National Securities reiterated a “neutral” rating and set a $22.00 price objective on shares of Goldman Sachs BDC in a research note on Monday, November 6th. BidaskClub lowered shares of Goldman Sachs BDC from a “hold” rating to a “sell” rating in a research note on Saturday, October 28th. Zacks Investment Research lowered shares of Goldman Sachs BDC from a “hold” rating to a “sell” rating in a research note on Tuesday, October 17th. Finally, TheStreet upgraded shares of Goldman Sachs BDC from a “c” rating to a “b-” rating in a research note on Thursday, December 21st. Two analysts have rated the stock with a sell rating, three have issued a hold rating and three have assigned a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of $22.60.

Shares of Goldman Sachs BDC (GSBD) opened at $22.45 on Thursday. Goldman Sachs BDC has a 12 month low of $21.00 and a 12 month high of $25.60. The company has a market cap of $903.74 and a P/E ratio of -102.05. The company has a quick ratio of 0.83, a current ratio of 0.83 and a debt-to-equity ratio of 0.61.

Goldman Sachs BDC (NYSE:GSBD) last announced its quarterly earnings results on Thursday, November 2nd. The financial services provider reported $0.47 EPS for the quarter, meeting the consensus estimate of $0.47. Goldman Sachs BDC had a net margin of 32.19% and a return on equity of 11.34%. The company had revenue of $34.40 million for the quarter, compared to analyst estimates of $33.56 million. During the same quarter last year, the business earned $0.51 earnings per share. Goldman Sachs BDC’s revenue was up 1.3% compared to the same quarter last year. equities research analysts forecast that Goldman Sachs BDC will post 2.07 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Tuesday, January 16th. Shareholders of record on Friday, December 29th will be paid a $0.45 dividend. The ex-dividend date of this dividend is Thursday, December 28th. This represents a $1.80 annualized dividend and a dividend yield of 8.02%. Goldman Sachs BDC’s payout ratio is currently -818.18%.

In other news, Director Jaime Ardila purchased 8,108 shares of the company’s stock in a transaction on Friday, December 1st. The shares were bought at an average price of $21.84 per share, for a total transaction of $177,078.72. Following the completion of the purchase, the director now owns 12,791 shares of the company’s stock, valued at $279,355.44. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 0.32% of the stock is currently owned by company insiders.

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Goldman Sachs BDC Company Profile

Goldman Sachs BDC, Inc is a closed-end management investment company. The Company is a specialty finance company, which is focused on lending to middle-market companies. The Company’s investment objective is to generate current income and, to a lesser extent, capital appreciation primarily through direct originations of secured debt, including first lien, including first lien, unitranche, including last out portions of such loans, and second lien debt, and unsecured debt, including mezzanine debt, as well as through select equity investments.

Insider Buying and Selling by Quarter for Goldman Sachs BDC (NYSE:GSBD)

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