The price of Goldman Sachs BDC Inc. (NYSE:GSBD) shares last traded on Wall Street fell -5.98% to $15.09.
Based on available information, 5 analysts follow Goldman Sachs BDC Inc. (NYSE:GSBD). The consensus rating among analysts is ‘Hold’. As we calculate the median target price by taking the range between a high of $17.00 and a low of $14.50, we find $15.75. Given the previous closing price of $16.05, this indicates a potential downside of -1.87 percent. GSBD stock price is now -0.71% away from the 50-day moving average and -6.19% away from the 200-day moving average. The market capitalization of the company currently stands at $1.54B.
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Among analysts, 5 rate the stock a hold while 0 rate it a buy. Brokers who have rated the stock have averaged $15.75 as their price target over the next twelve months.
, while ‘Raymond James’ rates the stock as ‘Mkt Perform’.
A total of 0.14% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in GSBD stock. A new stake in Goldman Sachs BDC Inc. shares was purchased by ARES MANAGEMENT LLC during the first quarter worth $5,122,000. FARMER STEVEN PATRICK invested $3,226,000 in shares of GSBD during the first quarter. In the first quarter, ADAMS ASSET ADVISORS, LLC acquired a new stake in Goldman Sachs BDC Inc. valued at approximately $2,441,000. MILLENNIUM MANAGEMENT LLC acquired a new stake in GSBD for approximately $1,796,000. ICON ADVISERS INC/CO purchased a new stake in GSBD valued at around $1,464,000 in the second quarter. In total, there are 222 active investors with 30.30% ownership of the company’s stock.
A candlestick chart of Goldman Sachs BDC Inc. (NYSE: GSBD) showed a price of $15.14 on Tuesday morning. During the past 12 months, Goldman Sachs BDC Inc. has had a low of $13.54 and a high of $20.50. The fifty day moving average price for GSBD is $15.20 and a two-hundred day moving average price translates $16.09 for the stock.
The latest earnings results from Goldman Sachs BDC Inc. (NYSE: GSBD) was released for Sep, 2022. According to the Asset Management Company, earnings per share came in at $0.56, beating analysts’ expectations of $0.46 by 0.1. This compares to $0.38 EPS in the same period last year. The net profit margin was 15.40% and return on equity was 3.50% for GSBD. The company reported revenue of $106.48 million for the quarter, compared to $83.76 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 27.12 percent. For the current quarter, analysts expect GSBD to generate $99.24M in revenue.
Moreover, the firm recently paid out its quarterly dividend on 04/27/2023. Investors who held shares on 03/31/2023 were paid a $0.45 dividend. On an annualized basis, this represents a $1.80 dividend and a 11.93% percent yield. There was an ex-dividend date of 03/30/2023 for this dividend. In terms of dividend payout ratio, GSBD is presently at 333.50%.
Goldman Sachs BDC Inc.(GSBD) Company Profile
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. The fund primarily invests in United States. It seeks to invest between $10 million and $75 million in companies with EBITDA between $5 million and $75 million annually.
