Wall Street brokerages predict that Goldman Sachs BDC Inc (NYSE:GSBD) will post $0.48 earnings per share (EPS) for the current fiscal quarter, according to Zacks Investment Research. Three analysts have provided estimates for Goldman Sachs BDC’s earnings, with the lowest EPS estimate coming in at $0.44 and the highest estimate coming in at $0.51. Goldman Sachs BDC reported earnings of $0.47 per share in the same quarter last year, which would indicate a positive year over year growth rate of 2.1%. The company is expected to announce its next earnings results on Thursday, May 2nd.

According to Zacks, analysts expect that Goldman Sachs BDC will report full year earnings of $1.96 per share for the current financial year, with EPS estimates ranging from $1.85 to $2.10. For the next year, analysts expect that the company will report earnings of $2.01 per share, with EPS estimates ranging from $1.93 to $2.15. Zacks’ earnings per share averages are a mean average based on a survey of sell-side analysts that that provide coverage for Goldman Sachs BDC.

GSBD has been the subject of a number of recent analyst reports. TheStreet downgraded Goldman Sachs BDC from a “b-” rating to a “c+” rating in a research report on Thursday, January 3rd. National Securities cut their price objective on Goldman Sachs BDC from $23.00 to $22.00 and set a “buy” rating for the company in a research report on Monday, March 4th. Zacks Investment Research downgraded Goldman Sachs BDC from a “hold” rating to a “strong sell” rating in a research report on Tuesday, March 5th. Raymond James cut their price objective on Goldman Sachs BDC from $24.00 to $23.00 and set a “strong-buy” rating for the company in a research report on Monday, March 4th. Finally, Wells Fargo & Co reissued a “buy” rating on shares of Goldman Sachs BDC in a research report on Wednesday, January 16th. One investment analyst has rated the stock with a sell rating, three have given a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company. Goldman Sachs BDC presently has an average rating of “Buy” and a consensus price target of $23.13.

Shares of NYSE:GSBD remained flat at $$20.60 during midday trading on Friday. The company had a trading volume of 147,905 shares, compared to its average volume of 123,110. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 0.93. The firm has a market cap of $829.50 million, a P/E ratio of 10.00, a price-to-earnings-growth ratio of 10.31 and a beta of 0.95. Goldman Sachs BDC has a 1 year low of $17.73 and a 1 year high of $22.75.

The company also recently announced a quarterly dividend, which will be paid on Monday, April 15th. Shareholders of record on Friday, March 29th will be given a $0.45 dividend. This represents a $1.80 annualized dividend and a yield of 8.74%. The ex-dividend date is Thursday, March 28th. Goldman Sachs BDC’s dividend payout ratio is currently 87.38%.

In other Goldman Sachs BDC news, insider Salvatore Lentini sold 30,809 shares of Goldman Sachs BDC stock in a transaction dated Monday, March 4th. The stock was sold at an average price of $20.38, for a total value of $627,887.42. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Insiders own 0.30% of the company’s stock.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in GSBD. Credit Suisse AG grew its position in Goldman Sachs BDC by 473.4% in the 3rd quarter. Credit Suisse AG now owns 238,000 shares of the financial services provider’s stock valued at $5,279,000 after acquiring an additional 196,492 shares in the last quarter. Confluence Investment Management LLC grew its position in Goldman Sachs BDC by 61.9% in the 4th quarter. Confluence Investment Management LLC now owns 278,354 shares of the financial services provider’s stock valued at $5,116,000 after acquiring an additional 106,436 shares in the last quarter. Private Advisor Group LLC grew its position in Goldman Sachs BDC by 100.3% in the 3rd quarter. Private Advisor Group LLC now owns 165,729 shares of the financial services provider’s stock valued at $3,676,000 after acquiring an additional 82,999 shares in the last quarter. Cliffwater LLC grew its position in Goldman Sachs BDC by 66.3% in the 3rd quarter. Cliffwater LLC now owns 135,020 shares of the financial services provider’s stock valued at $2,995,000 after acquiring an additional 53,845 shares in the last quarter. Finally, Cetera Advisor Networks LLC grew its position in Goldman Sachs BDC by 372.8% in the 4th quarter. Cetera Advisor Networks LLC now owns 60,148 shares of the financial services provider’s stock valued at $1,100,000 after acquiring an additional 47,426 shares in the last quarter. 34.95% of the stock is owned by institutional investors.

About Goldman Sachs BDC

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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