Goldman Sachs BDC (GSBD) Earning Positive Press Coverage, Study Shows
News headlines about Goldman Sachs BDC (NYSE:GSBD) have trended positive this week, Accern Sentiment reports. The research firm identifies positive and negative media coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Goldman Sachs BDC earned a daily sentiment score of 0.25 on Accern’s scale. Accern also assigned news headlines about the financial services provider an impact score of 46.3123031162139 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
These are some of the headlines that may have effected Accern’s scoring:
- Goldman Sachs BDC (GSBD) Given Consensus Rating of “Hold” by Brokerages (americanbankingnews.com)
- Goldman Sachs BDC, Inc. (GSBD) EPS Estimated At $0.47 as of May, 3 (thecasualsmart.com)
- Comparing Hercules Technology Growth Capital (HTGC) & Goldman Sachs BDC (GSBD) (americanbankingnews.com)
- Goldman Sachs BDC: 9.4% Dividend Yield Supported By First-Lien And Strong Covenants (seekingalpha.com)
A number of analysts have recently commented on GSBD shares. Bank of America lowered their target price on Goldman Sachs BDC from $21.50 to $20.00 and set an “underperform” rating on the stock in a research note on Monday, February 26th. National Securities reiterated a “neutral” rating and set a $22.00 price target on shares of Goldman Sachs BDC in a research report on Monday, February 26th. Zacks Investment Research upgraded Goldman Sachs BDC from a “strong sell” rating to a “hold” rating in a research report on Tuesday, January 9th. ValuEngine downgraded Goldman Sachs BDC from a “buy” rating to a “hold” rating in a research report on Monday, April 2nd. Finally, TheStreet downgraded Goldman Sachs BDC from a “b” rating to a “c+” rating in a research report on Monday, January 22nd. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and two have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average target price of $21.00.
Goldman Sachs BDC (NYSE:GSBD) last issued its quarterly earnings results on Thursday, February 22nd. The financial services provider reported $0.47 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.47. The company had revenue of $34.20 million for the quarter, compared to the consensus estimate of $34.62 million. Goldman Sachs BDC had a return on equity of 11.22% and a net margin of 36.22%. During the same quarter in the prior year, the business posted $0.50 earnings per share. research analysts predict that Goldman Sachs BDC will post 1.92 EPS for the current year.
The firm also recently declared a quarterly dividend, which was paid on Monday, April 16th. Shareholders of record on Friday, March 30th were given a dividend of $0.45 per share. The ex-dividend date of this dividend was Wednesday, March 28th. This represents a $1.80 dividend on an annualized basis and a yield of 9.36%. Goldman Sachs BDC’s dividend payout ratio is currently 86.96%.
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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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