Goldman Sachs BDC, Inc. (GSBD)

NYSE: GSBD · Real-Time Price · USD
12.34
+0.07 (0.57%)
Mar 25, 2025, 4:00 PM EST - Market closed
0.57%
Market Cap 1.45B
Revenue (ttm) 434.37M
Net Income (ttm) 62.87M
Shares Out 117.30M
EPS (ttm) 0.55
PE Ratio 22.53
Forward PE 6.83
Dividend $1.92 (15.56%)
Ex-Dividend Date Mar 31, 2025
Volume 798,041
Open 12.33
Previous Close 12.27
Day's Range 12.28 - 12.39
52-Week Range 11.72 - 15.94
Beta 1.12
Analysts Hold
Price Target 13.00 (+5.35%)
Earnings Date May 6, 2025

About GSBD

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... [Read more]

Sector Financials
Founded 2012
Country United States
Stock Exchange NYSE
Ticker Symbol GSBD
Full Company Profile

Financial Performance

In 2024, Goldman Sachs BDC's revenue was $434.37 million, a decrease of -4.52% compared to the previous year's $454.91 million. Earnings were $62.87 million, a decrease of -67.90%.

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for GSBD stock is "Hold." The 12-month stock price forecast is $13.0, which is an increase of 5.35% from the latest price.

Price Target
$13.0
(5.35% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Goldman Sachs BDC: Dividend Alignment, But Still A Buy

Goldman Sachs BDC cut its base dividend by 29% due to high non-accruals and decreased net investment income, impacting income-dependent investors. Despite the dividend cut, GSBD remains attractive due...

6 days ago - Seeking Alpha

The Moment Of Truth For BDC Dividend Investors Is Close

As a structural BDC bull I have to admit that the period of BDCs consistently surprising us on the upside has come to an end. Many lower quality BDCs have already cut their dividends to sync their cas...

14 days ago - Seeking Alpha

Goldman Sachs BDC: Huge Dividend Yield, Yet Mediocre Overall Choice

Goldman Sachs BDC stock is in a long-term downtrend, trading near all-time lows, signaling fundamental issues despite its high dividend yield. Declining net investment income has led to a significant ...

14 days ago - Seeking Alpha

Goldman Sachs BDC: Change In Dividend Structure Not A Deal-Changer

Goldman Sachs BDC has revised its dividend policy and fee structure, reducing the regular dividend but adding supplemental dividends to maintain overall payouts. Despite a 29% "cut" in the regular div...

18 days ago - Seeking Alpha

Goldman Sachs BDC: Structural Changes Provide Flexibility, But Investors Should Remain Cautious

Goldman Sachs BDC has underperformed despite a favorable interest rate environment, with a 35.26% decline and a recent 29% dividend cut. Structural changes, including a reduced incentive fee and a new...

20 days ago - Seeking Alpha

Goldman Sachs BDC (GSBD) Q4 2024 Earnings Call Transcript

Goldman Sachs BDC (NYSE:GSBD) Q4 2024 Earnings Conference Call February 28, 2025 9:00 AM ET Company Participants John Silas - IR Alex Chi - Co-CEO & Co-President David Miller - Co-CEO & Co-President ...

25 days ago - Seeking Alpha

Goldman Sachs BDC, Inc. Reports December 31, 2024 Financial Results and Announces Quarterly Dividend of $0.32 Per Share

NEW YORK--(BUSINESS WIRE)--Goldman Sachs BDC, Inc. (“GSBD”, the “Company”, “we”, “us”, or “our”) (NYSE: GSBD) today reported financial results for the fourth quarter and year ended December 31, 2024 a...

26 days ago - Business Wire

Goldman Sachs BDC: Risky, Yet Likely Worth It

Goldman Sachs BDC's portfolio has diversified sector exposure, with notable changes in exposure to software, health care, and professional services since our last coverage. Despite an earnings miss in...

2 months ago - Seeking Alpha

Goldman Sachs BDC, Inc. Schedules Earnings Release and Conference Call to Announce Fourth Quarter and Fiscal Year Ended 2024 Results

NEW YORK--(BUSINESS WIRE)--Goldman Sachs BDC, Inc. (“GS BDC”) (NYSE: GSBD) announced today that it will report its fourth quarter and fiscal year ended December 31, 2024 financial results after the ma...

2 months ago - Business Wire

Goldman Sachs BDC: Price Drop Creates An Attractive Buying Opportunity

I maintain my buy rating on Goldman Sachs BDC due to its strong dividend coverage, diverse portfolio, and attractive valuation despite recent price declines. GSBD's portfolio is well-constructed, with...

2 months ago - Seeking Alpha

14%+ Dividend Yields: 1 To Buy And 1 To Avoid

High-yield dividend stocks can be powerful income machines, but can also be risky. This means that investors should use extra caution when investing in these sorts of stocks. We discuss two 14%+ yield...

Other symbols: BIZDGSOCSL
2 months ago - Seeking Alpha

Goldman Sachs BDC: This Is Not A BDC You Want To Have Now

In December 2023, I issued my first relatively bearish article on GSBD. The argument was that GSBD lacked the financial firepower to grow. Since then, GSBD has underperformed the BDC market by ~20%.

3 months ago - Seeking Alpha

I Am Loading Up On These 2 High-Flying High-Yield Sectors For 2025

AI stocks have dominated the markets over the past few years. However, there are a few other sectors that have also shined over the past few years. I share two high-flying big dividend sectors that, I...

3 months ago - Seeking Alpha

11-14% Yields: Give Yourself The Gift Of Dividends For Christmas

Big dividend stocks are on a big holiday sale this Christmas season. Even in some of the most in-favor sectors of the high-yield space, bargains can still be found. I share some well-covered 11-14% di...

3 months ago - Seeking Alpha

Goldman Sachs BDC: Contrarian Buy Near 1-Year Lows (Rating Upgrade)

Goldman Sachs BDC's non-accrual percentage has improved, and shares now trade at a discount to book value, presenting a contrarian buying opportunity. Despite increased non-performing loans, Goldman S...

3 months ago - Seeking Alpha

13+% Dividend Yields: 1 To Buy And 1 To Avoid

My portfolio focuses on high-yielding stocks, as they are ideal components of an opportunistic capital recycling strategy. That said, not all high-yield stocks make for good investments. I share one s...

Other symbols: BIZDOCSL
3 months ago - Seeking Alpha

BDC Weekly Review: Key Q3 Earnings Trends

We take a look at the action in business development companies through the second week of November and highlight some of the key themes we are watching. BDCs were flat this week in aggregate, outperfo...

Other symbols: BBDCBCSFPSECTPVG
4 months ago - Seeking Alpha

Investing In BDCs For 10%+ Yields? This Is What Matters Now

When investing for 10%+ BDC yields, investors have to pay extra attention to leverage, dividend coverage, and portfolio quality. Going into Q3, 2024 earnings season, my expectation was that we would s...

4 months ago - Seeking Alpha

Goldman Sachs BDC: Important Improvements But Headwinds Warrant Caution (Rating Downgrade)

Despite attractive 13.9% yield, Goldman Sachs BDC faces credit quality concerns, declining NAV, and top/bottom line erosion, leading me to downgrade them from a buy to a hold. Payment-in-kind income a...

4 months ago - Seeking Alpha

BDC Weekly Review: Tax-Loss Season Is Approaching

We take a look at the action in business development companies through the second week of November and highlight some of the key themes we are watching. BDCs saw a 2% aggregate return on the week; TPV...

4 months ago - Seeking Alpha

Goldman Sachs BDC: Is This 14% BDC Yield Risky?

Goldman Sachs BDC offers a high 14% yield and trades at a 4% discount to NAV, making it an attractive buy. The BDC's dividend is well-covered by net investment income, with a 78% payout ratio in 3Q24,...

4 months ago - Seeking Alpha

Goldman Sachs BDC (GSBD) Q3 2024 Earnings Call Transcript

Goldman Sachs BDC (NYSE:GSBD) Q3 2024 Earnings Conference Call November 8, 2024 9:00 AM ET Company Participants Austin Neri - Investor Relations Alex Chi - Co-Chief Executive Officer and Co-President...

4 months ago - Seeking Alpha

Goldman Sachs BDC, Inc. Reports September 30, 2024 Financial Results and Announces Quarterly Dividend of $0.45 Per Share

NEW YORK--(BUSINESS WIRE)--Goldman Sachs BDC, Inc. (“GSBD”, the “Company”, “we”, “us”, or “our”) (NYSE: GSBD) today reported financial results for the third quarter ended September 30, 2024 and filed ...

4 months ago - Business Wire

Goldman Sachs BDC: Payments-In-Kind And Portfolio Quality Are A Concern (Rating Downgrade)

GSBD's dividend yield is highly attractive at around 13%, but rising non-accruals and portfolio quality deterioration make it a hold rather than a buy. Despite strong NII coverage of the dividend, the...

5 months ago - Seeking Alpha

Goldman Sachs BDC: Rising Concerns, But I'm Confident Dividend Remains Secure

Goldman Sachs BDC faces credit quality issues but maintains strong fundamentals, including a solid balance sheet and high dividend coverage, making it a buy. Despite a recent share price decline and r...

5 months ago - Seeking Alpha