Goldman Sachs BDC (GSBD) Getting Somewhat Favorable Media Coverage, Accern Reports

News articles about Goldman Sachs BDC (NYSE:GSBD) have been trending somewhat positive this week, Accern reports. The research firm identifies negative and positive news coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Goldman Sachs BDC earned a coverage optimism score of 0.14 on Accern’s scale. Accern also assigned media stories about the financial services provider an impact score of 46.352836221808 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.

Goldman Sachs BDC (NYSE GSBD) opened at $22.10 on Friday. Goldman Sachs BDC has a 12 month low of $21.00 and a 12 month high of $25.60. The company has a market capitalization of $869.23, a price-to-earnings ratio of 10.31, a PEG ratio of 2.10 and a beta of 0.81. 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 Zacks’ consensus estimate of $0.47. Goldman Sachs BDC had a return on equity of 11.34% and a net margin of 32.19%. The company had revenue of $34.40 million during the quarter, compared to analysts’ expectations of $33.56 million. During the same period in the prior year, the company earned $0.51 EPS. Goldman Sachs BDC’s revenue was up 1.3% compared to the same quarter last year. sell-side analysts predict that Goldman Sachs BDC will post 2.07 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Tuesday, January 16th. Stockholders of record on Friday, December 29th will be paid a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a dividend yield of 8.14%. The ex-dividend date of this dividend is Thursday, December 28th. Goldman Sachs BDC’s payout ratio is 160.71%.

A number of brokerages have weighed in on GSBD. BidaskClub raised Goldman Sachs BDC from a “sell” rating to a “hold” rating in a report on Thursday, September 28th. Zacks Investment Research downgraded Goldman Sachs BDC from a “hold” rating to a “sell” rating in a report on Tuesday, October 17th. Finally, National Securities reaffirmed a “neutral” rating and issued a $22.00 target price on shares of Goldman Sachs BDC in a report on Monday, November 6th. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and three have issued a buy rating to the company. Goldman Sachs BDC presently has a consensus rating of “Hold” and an average target price of $22.60.

In related news, Director Jaime Ardila bought 8,108 shares of the stock in a transaction that occurred on Friday, December 1st. The stock was acquired at an average cost of $21.84 per share, with a total value of $177,078.72. Following the transaction, the director now directly owns 12,791 shares in the company, valued at $279,355.44. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.32% of the stock is currently owned by corporate insiders.

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About Goldman Sachs BDC

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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