Analysts expect Goldman Sachs BDC, Inc. (NYSE:GSBD) to post earnings per share of $0.47 for the current fiscal quarter, Zacks Investment Research reports. Three analysts have provided estimates for Goldman Sachs BDC’s earnings. The highest EPS estimate is $0.51 and the lowest is $0.44. Goldman Sachs BDC reported earnings of $0.51 per share during the same quarter last year, which indicates a negative year-over-year growth rate of 7.8%. The firm is scheduled to issue its next earnings report after the market closes on Thursday, November 2nd.

According to Zacks, analysts expect that Goldman Sachs BDC will report full year earnings of $2.07 per share for the current year, with EPS estimates ranging from $2.02 to $2.14. For the next year, analysts anticipate that the company will post earnings of $1.98 per share, with EPS estimates ranging from $1.87 to $2.12. Zacks’ EPS calculations are an average based on a survey of sell-side research analysts that that provide coverage for Goldman Sachs BDC.

Goldman Sachs BDC (NYSE:GSBD) last announced its quarterly earnings results on Thursday, August 3rd. The financial services provider reported $0.64 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.49 by $0.15. The company had revenue of $36.00 million for the quarter, compared to analyst estimates of $33.66 million. Goldman Sachs BDC had a net margin of 35.73% and a return on equity of 11.54%. The firm’s revenue was up 11.8% on a year-over-year basis. During the same period in the prior year, the firm posted $0.49 earnings per share.

A number of brokerages have issued reports on GSBD. BidaskClub raised Goldman Sachs BDC from a “sell” rating to a “hold” rating in a research report on Thursday, September 28th. TheStreet raised Goldman Sachs BDC from a “c” rating to a “b-” rating in a research report on Wednesday, August 9th. Zacks Investment Research lowered Goldman Sachs BDC from a “hold” rating to a “sell” rating in a research report on Monday, July 17th. Finally, National Securities reaffirmed a “neutral” rating and issued a $22.00 target price on shares of Goldman Sachs BDC in a research report on Monday, August 7th. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating and three have issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average price target of $22.18.

Shares of Goldman Sachs BDC (NYSE:GSBD) traded up 0.22% during trading on Friday, reaching $22.45. 40,609 shares of the company’s stock traded hands. The company has a 50 day moving average price of $22.21 and a 200 day moving average price of $22.84. Goldman Sachs BDC has a 1-year low of $20.00 and a 1-year high of $25.60.

The company also recently declared a quarterly dividend, which was paid on Monday, October 16th. Stockholders of record on Friday, September 29th were issued a $0.45 dividend. The ex-dividend date of this dividend was Thursday, September 28th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 8.02%. Goldman Sachs BDC’s dividend payout ratio (DPR) is 139.54%.

Several hedge funds and other institutional investors have recently modified their holdings of the company. Harvest Capital Management Inc increased its holdings in shares of Goldman Sachs BDC by 20.0% in the 3rd quarter. Harvest Capital Management Inc now owns 151,405 shares of the financial services provider’s stock valued at $3,455,000 after acquiring an additional 25,204 shares during the last quarter. Raymond James Financial Services Advisors Inc. increased its holdings in shares of Goldman Sachs BDC by 35.3% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 21,339 shares of the financial services provider’s stock valued at $481,000 after acquiring an additional 5,572 shares during the last quarter. Royal Bank of Canada increased its holdings in shares of Goldman Sachs BDC by 1.8% in the 2nd quarter. Royal Bank of Canada now owns 79,661 shares of the financial services provider’s stock valued at $1,794,000 after acquiring an additional 1,400 shares during the last quarter. Stifel Financial Corp increased its holdings in shares of Goldman Sachs BDC by 32.2% in the 2nd quarter. Stifel Financial Corp now owns 25,640 shares of the financial services provider’s stock valued at $584,000 after acquiring an additional 6,240 shares during the last quarter. Finally, Muzinich & Co. Inc. increased its holdings in shares of Goldman Sachs BDC by 10.1% in the 2nd quarter. Muzinich & Co. Inc. now owns 1,437,363 shares of the financial services provider’s stock valued at $32,369,000 after acquiring an additional 131,366 shares during the last quarter. Institutional investors and hedge funds own 36.66% of the company’s stock.

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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.

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