Analysts forecast that Goldman Sachs BDC Inc (NYSE:GSBD) will report $0.47 earnings per share for the current quarter, Zacks reports. Three analysts have made estimates for Goldman Sachs BDC’s earnings, with the highest EPS estimate coming in at $0.48 and the lowest estimate coming in at $0.46. Goldman Sachs BDC reported earnings per share of $0.53 during the same quarter last year, which suggests a negative year-over-year growth rate of 11.3%. The firm is scheduled to report its next quarterly earnings results on Thursday, November 7th.
On average, analysts expect that Goldman Sachs BDC will report full year earnings of $1.99 per share for the current financial year, with EPS estimates ranging from $1.97 to $2.02. For the next financial year, analysts forecast that the firm will post earnings of $1.97 per share, with EPS estimates ranging from $1.90 to $2.06. Zacks Investment Research’s EPS calculations are a mean average based on a survey of sell-side research firms that follow Goldman Sachs BDC.
Goldman Sachs BDC (NYSE:GSBD) last announced its quarterly earnings results on Thursday, August 1st. The financial services provider reported $0.47 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.46 by $0.01. Goldman Sachs BDC had a net margin of 24.25% and a return on equity of 12.07%. The company had revenue of $38.40 million for the quarter, compared to analyst estimates of $37.76 million. During the same quarter in the prior year, the business posted $0.50 EPS. Goldman Sachs BDC’s quarterly revenue was up 3.1% on a year-over-year basis.
Shares of GSBD traded up $0.09 during mid-day trading on Tuesday, hitting $19.34. 2,866 shares of the company’s stock were exchanged, compared to its average volume of 105,247. The firm has a fifty day moving average of $20.06 and a two-hundred day moving average of $20.11. Goldman Sachs BDC has a twelve month low of $17.73 and a twelve month high of $22.49. The stock has a market cap of $779.37 million, a price-to-earnings ratio of 9.38, a P/E/G ratio of 9.99 and a beta of 0.99. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 1.22.
The business also recently declared a quarterly dividend, which will be paid on Tuesday, October 15th. Shareholders of record on Monday, September 30th will be issued a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a yield of 9.31%. The ex-dividend date is Friday, September 27th. Goldman Sachs BDC’s dividend payout ratio (DPR) is presently 87.38%.
Institutional investors have recently modified their holdings of the business. Azimuth Capital Management LLC boosted its stake in Goldman Sachs BDC by 86.0% during the 1st quarter. Azimuth Capital Management LLC now owns 142,995 shares of the financial services provider’s stock worth $2,937,000 after acquiring an additional 66,135 shares during the last quarter. Private Advisor Group LLC grew its stake in Goldman Sachs BDC by 98.5% in the second quarter. Private Advisor Group LLC now owns 212,994 shares of the financial services provider’s stock worth $4,190,000 after purchasing an additional 105,680 shares during the period. Van ECK Associates Corp grew its stake in Goldman Sachs BDC by 10.2% in the second quarter. Van ECK Associates Corp now owns 317,492 shares of the financial services provider’s stock worth $6,245,000 after purchasing an additional 29,469 shares during the period. Steward Partners Investment Advisory LLC grew its stake in Goldman Sachs BDC by 10.1% in the second quarter. Steward Partners Investment Advisory LLC now owns 33,795 shares of the financial services provider’s stock worth $664,000 after purchasing an additional 3,113 shares during the period. Finally, Greenwich Investment Management Inc. grew its stake in Goldman Sachs BDC by 28.0% in the second quarter. Greenwich Investment Management Inc. now owns 121,470 shares of the financial services provider’s stock worth $2,389,000 after purchasing an additional 26,595 shares during the period. 35.14% of the stock is owned by hedge funds and other institutional investors.
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.
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