Equities research analysts expect that Goldman Sachs BDC Inc (NYSE:GSBD) will report $0.47 earnings per share (EPS) for the current fiscal quarter, Zacks reports. Three analysts have issued estimates for Goldman Sachs BDC’s earnings, with estimates ranging from $0.45 to $0.49. Goldman Sachs BDC reported earnings of $0.50 per share in the same quarter last year, which indicates a negative year over year growth rate of 6%. The business is expected to report its next earnings report on Tuesday, February 27th.

According to Zacks, analysts expect that Goldman Sachs BDC will report full year earnings of $2.07 per share for the current financial year, with EPS estimates ranging from $2.06 to $2.09. For the next year, analysts forecast that the business will report earnings of $1.95 per share, with EPS estimates ranging from $1.86 to $2.12. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of sell-side analysts that that provide coverage for Goldman Sachs BDC.

Goldman Sachs BDC (NYSE:GSBD) last posted its quarterly earnings data on Thursday, November 2nd. The financial services provider reported $0.47 EPS for the quarter, meeting the Zacks’ consensus estimate of $0.47. The business had revenue of $34.40 million during the quarter, compared to analysts’ expectations of $33.56 million. Goldman Sachs BDC had a return on equity of 11.34% and a net margin of 32.19%. The business’s revenue was up 1.3% compared to the same quarter last year. During the same period in the previous year, the business earned $0.51 earnings per share.

GSBD has been the subject of a number of recent analyst reports. National Securities restated a “neutral” rating and issued a $22.00 price objective on shares of Goldman Sachs BDC in a research report on Monday, November 6th. BidaskClub cut Goldman Sachs BDC from a “hold” rating to a “sell” rating in a research report on Saturday, October 28th. Finally, Zacks Investment Research cut Goldman Sachs BDC from a “hold” rating to a “sell” rating in a research report on Tuesday, October 17th. Two research analysts have rated the stock with a sell rating, three have given a hold rating and three have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average price target of $22.60.

In other news, Director Jaime Ardila purchased 8,108 shares of the company’s stock in a transaction that occurred on Friday, December 1st. The stock was purchased at an average cost of $21.84 per share, for a total transaction of $177,078.72. Following the completion of the transaction, the director now owns 12,791 shares of the company’s stock, valued at $279,355.44. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 0.32% of the stock is currently owned by insiders.

Institutional investors and hedge funds have recently modified their holdings of the stock. IFP Advisors Inc boosted its stake in Goldman Sachs BDC by 4.9% during the second quarter. IFP Advisors Inc now owns 4,553 shares of the financial services provider’s stock worth $103,000 after buying an additional 211 shares during the last quarter. US Bancorp DE acquired a new position in Goldman Sachs BDC during the second quarter worth $142,000. Global X MANAGEMENT CO LLC boosted its stake in Goldman Sachs BDC by 49.5% during the third quarter. Global X MANAGEMENT CO LLC now owns 8,384 shares of the financial services provider’s stock worth $191,000 after buying an additional 2,776 shares during the last quarter. Advisors Capital Management LLC acquired a new position in Goldman Sachs BDC during the third quarter worth $202,000. Finally, Pinebridge Investments L.P. boosted its stake in Goldman Sachs BDC by 0.4% during the second quarter. Pinebridge Investments L.P. now owns 9,946 shares of the financial services provider’s stock worth $224,000 after buying an additional 37 shares during the last quarter. Hedge funds and other institutional investors own 36.49% of the company’s stock.

Goldman Sachs BDC (GSBD) traded down $0.08 during trading on Friday, hitting $21.81. The stock had a trading volume of 129,202 shares, compared to its average volume of 100,568. The stock has a market capitalization of $876.05, a PE ratio of 10.40, a PEG ratio of 2.11 and a beta of 0.81. Goldman Sachs BDC has a 1-year low of $21.00 and a 1-year high of $25.60. The company has a debt-to-equity ratio of 0.61, a current ratio of 0.83 and a quick ratio of 0.83.

The company also recently declared a quarterly dividend, which will be paid on Tuesday, January 16th. Investors of record on Friday, December 29th will be given a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a dividend yield of 8.25%. The ex-dividend date is Thursday, December 28th. Goldman Sachs BDC’s payout ratio is 160.71%.

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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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