Goldman Sachs BDC (GSBD) Expected to Announce Earnings on Thursday
Goldman Sachs BDC (NYSE:GSBD) is set to announce its Q1 2025 earnings on May 8, with expectations of $0.43 per share and $101.12 million in revenue. The company recently increased its quarterly dividend to $0.16 per share, yielding 6.04%. GSBD has a market cap of $1.24 billion and a P/E ratio of 15.13. Analysts have mixed ratings, with some upgrading to 'hold' while others set a lower price target. The stock opened at $10.59, with a 1-year range of $9.51 to $15.94.
Goldman Sachs BDC (NYSE:GSBD - Get Free Report) is expected to post its Q1 2025 quarterly earnings results after the market closes on Thursday, May 8th. Analysts expect the company to announce earnings of $0.43 per share and revenue of $101.12 million for the quarter.
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Goldman Sachs BDC Price Performance
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GSBD opened at $10.59 on Thursday. Goldman Sachs BDC has a 1 year low of $9.51 and a 1 year high of $15.94. The company has a market capitalization of $1.24 billion, a price-to-earnings ratio of 15.13 and a beta of 0.87. The firm's fifty day moving average price is $11.53 and its two-hundred day moving average price is $12.40. The company has a debt-to-equity ratio of 1.19, a current ratio of 1.26 and a quick ratio of 1.26.
Goldman Sachs BDC Increases Dividend
The business also recently disclosed a quarterly dividend, which was paid on Monday, April 28th. Investors of record on Monday, March 31st were paid a dividend of $0.16 per share. This represents a $0.64 dividend on an annualized basis and a dividend yield of 6.04%. This is a positive change from Goldman Sachs BDC's previous quarterly dividend of $0.05. The ex-dividend date of this dividend was Monday, March 31st. Goldman Sachs BDC's payout ratio is presently 224.56%.
Analyst Ratings Changes
GSBD has been the subject of several analyst reports. StockNews.com upgraded Goldman Sachs BDC from a "sell" rating to a "hold" rating in a report on Sunday, March 23rd. Wells Fargo & Company reduced their price objective on Goldman Sachs BDC from $12.00 to $10.00 and set an "underweight" rating for the company in a report on Monday.
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About Goldman Sachs BDC
(Get Free Report)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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