Goldman Sachs BDC (NYSE:GSBD) has earned a consensus recommendation of “Hold” from the ten research firms that are covering the company, Marketbeat.com reports. Two analysts have rated the stock with a sell rating, three have given a hold rating, two have given a buy rating and two have given a strong buy rating to the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is $22.33.

A number of brokerages have recently issued reports on GSBD. Goldman Sachs upgraded Goldman Sachs BDC from an “outperform” rating to a “strong-buy” rating in a research report on Tuesday, May 8th. Raymond James upgraded Goldman Sachs BDC from a “market perform” rating to a “buy” rating and lifted their price target for the company from $23.50 to $24.00 in a research report on Monday, May 7th. National Securities upgraded Goldman Sachs BDC from a “neutral” rating to a “buy” rating and lifted their price target for the company from $22.00 to $23.00 in a research report on Monday, May 7th. ValuEngine upgraded Goldman Sachs BDC from a “sell” rating to a “hold” rating in a research report on Tuesday, May 8th. Finally, Credit Suisse Group dropped their price target on Goldman Sachs BDC to $24.00 and set a “neutral” rating for the company in a research report on Monday, May 7th.

Goldman Sachs BDC opened at $20.66 on Thursday, Marketbeat reports. The stock has a market cap of $836.45 million, a price-to-earnings ratio of 9.98, a P/E/G ratio of 2.15 and a beta of 0.76. The company has a quick ratio of 0.89, a current ratio of 0.89 and a debt-to-equity ratio of 0.72. Goldman Sachs BDC has a twelve month low of $20.87 and a twelve month high of $21.02.

Goldman Sachs BDC (NYSE:GSBD) last issued its quarterly earnings results on Thursday, May 3rd. The financial services provider reported $0.47 earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of $0.47. The firm had revenue of $35.54 million during the quarter, compared to the consensus estimate of $36.19 million. Goldman Sachs BDC had a return on equity of 11.09% and a net margin of 38.13%. The company’s revenue for the quarter was up 10.4% on a year-over-year basis. During the same quarter last year, the company posted $0.40 EPS. sell-side analysts expect that Goldman Sachs BDC will post 1.93 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Monday, July 16th. Stockholders of record on Friday, June 29th will be given a dividend of $0.45 per share. The ex-dividend date of this dividend is Thursday, June 28th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 8.71%. Goldman Sachs BDC’s dividend payout ratio (DPR) is presently 86.96%.

Large investors have recently added to or reduced their stakes in the stock. SeaCrest Wealth Management LLC bought a new stake in Goldman Sachs BDC in the 4th quarter worth approximately $104,000. Greenwich Investment Management Inc. lifted its position in Goldman Sachs BDC by 20.7% in the 4th quarter. Greenwich Investment Management Inc. now owns 43,805 shares of the financial services provider’s stock worth $971,000 after buying an additional 7,500 shares during the last quarter. Raymond James Financial Services Advisors Inc. lifted its position in Goldman Sachs BDC by 41.9% in the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 21,083 shares of the financial services provider’s stock worth $468,000 after buying an additional 6,226 shares during the last quarter. Monument Capital Management bought a new stake in Goldman Sachs BDC in the 4th quarter worth approximately $1,263,000. Finally, CIBC World Markets Inc. lifted its position in Goldman Sachs BDC by 21.8% in the 4th quarter. CIBC World Markets Inc. now owns 304,940 shares of the financial services provider’s stock worth $6,764,000 after buying an additional 54,540 shares during the last quarter. Institutional investors own 36.19% of the company’s stock.

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.

Analyst Recommendations for Goldman Sachs BDC (NYSE:GSBD)

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