Media headlines about Goldman Sachs BDC (NYSE:GSBD) have trended somewhat positive recently, Accern Sentiment Analysis reports. The research group rates the sentiment of media coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Goldman Sachs BDC earned a news impact score of 0.06 on Accern’s scale. Accern also gave news headlines about the financial services provider an impact score of 46.236483843408 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
These are some of the headlines that may have effected Accern Sentiment Analysis’s scoring:
- Goldman Sachs BDC, Inc. (NYSE:GSBD) Rating Increased to B- at TheStreet (americanbankingnews.com)
- Critical Review: Goldman Sachs BDC (GSBD) vs. American Capital (ACAS) (americanbankingnews.com)
- Chartists Place Goldman Sachs BDC Inc (GSBD) on Notice: Technical Update – Evergreen Caller (evergreencaller.com)
- Zacks: Analysts Anticipate Goldman Sachs BDC, Inc. (NYSE:GSBD) Will Announce Earnings of $0.47 Per Share (americanbankingnews.com)
- BidaskClub Upgrades Goldman Sachs BDC, Inc (overnewsmagazine.com)
Goldman Sachs BDC (NYSE GSBD) traded down 0.53% during trading on Friday, reaching $22.32. 187,611 shares of the company traded hands. Goldman Sachs BDC has a 12 month low of $20.00 and a 12 month high of $25.60. The company’s 50-day moving average is $22.62 and its 200 day moving average is $23.70.
Goldman Sachs BDC (NYSE:GSBD) last posted its earnings results on Thursday, August 3rd. The financial services provider reported $0.64 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.49 by $0.15. Goldman Sachs BDC had a return on equity of 11.54% and a net margin of 35.73%. The company had revenue of $36 million during the quarter, compared to the consensus estimate of $33.66 million. During the same quarter last year, the firm earned $0.49 earnings per share. The company’s revenue was up 11.8% on a year-over-year basis. On average, analysts anticipate that Goldman Sachs BDC will post $2.05 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which will be paid on Monday, October 16th. Stockholders of record on Friday, September 29th will be issued a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a dividend yield of 8.06%. The ex-dividend date is Thursday, September 28th. Goldman Sachs BDC’s dividend payout ratio is currently 139.54%.
A number of analysts have recently weighed in on the stock. TheStreet upgraded shares of Goldman Sachs BDC from a “c” rating to a “b-” rating in a research note on Wednesday. National Securities restated a “neutral” rating and issued a $22.00 price objective on shares of Goldman Sachs BDC in a research note on Monday, August 7th. BidaskClub upgraded shares of Goldman Sachs BDC from a “sell” rating to a “hold” rating in a research note on Thursday, August 3rd. Zacks Investment Research cut shares of Goldman Sachs BDC from a “hold” rating to a “sell” rating in a research note on Monday, July 17th. Finally, Raymond James Financial, Inc. upgraded shares of Goldman Sachs BDC from a “market perform” rating to an “outperform” rating in a research note on Friday, May 26th. Two research analysts have rated the stock with a sell rating, five have given a hold rating and three have given a buy rating to the company. Goldman Sachs BDC currently has a consensus rating of “Hold” and an average price target of $22.65.
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In other news, Director Ann B. Lane bought 2,240 shares of the company’s stock in a transaction dated Thursday, June 8th. The stock was bought at an average price of $22.32 per share, with a total value of $49,996.80. Following the completion of the acquisition, the director now owns 2,240 shares of the company’s stock, valued at $49,996.80. The acquisition was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Director Ross Jay Kari bought 5,000 shares of the company’s stock in a transaction dated Tuesday, May 23rd. The shares were purchased at an average cost of $22.24 per share, with a total value of $111,200.00. The disclosure for this purchase can be found here. 0.32% of the stock is currently owned by company insiders.
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.
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