Goldman Sachs BDC, Inc. (GSBD)

NYSE: GSBD · Real-Time Price · USD
12.86
+0.01 (0.08%)
Nov 20, 2024, 4:00 PM EST - Market closed
0.08%
Market Cap 1.51B
Revenue (ttm) 445.94M
Net Income (ttm) 75.87M
Shares Out 117.30M
EPS (ttm) 0.67
PE Ratio 19.11
Forward PE 7.10
Dividend $1.80 (14.00%)
Ex-Dividend Date Sep 30, 2024
Volume 696,524
Open 12.84
Previous Close 12.85
Day's Range 12.73 - 12.88
52-Week Range 12.67 - 15.94
Beta 1.12
Analysts Hold
Price Target 13.67 (+6.3%)
Earnings Date Nov 7, 2024

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 2023, Goldman Sachs BDC's revenue was $454.91 million, an increase of 27.27% compared to the previous year's $357.45 million. Earnings were $195.87 million, an increase of 256.12%.

Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for GSBD stock is "Hold." The 12-month stock price forecast is $13.67, which is an increase of 6.30% from the latest price.

Price Target
$13.67
(6.30% upside)
Analyst Consensus: Hold
Stock Forecasts

News

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...

20 hours 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...

22 hours 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...

5 days 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,...

7 days 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...

12 days 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 ...

13 days 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...

23 days 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...

24 days ago - Seeking Alpha

Goldman Sachs BDC: Strong Dividend Coverage But Some Portfolio Concerns

Goldman Sachs BDC has experienced a price drop due to rising non-accrual rates. However, it now trades at an attractive discount to NAV, presenting a buying opportunity. GSBD's portfolio is diversifie...

5 weeks ago - Seeking Alpha

Goldman Sachs BDC, Inc. Schedules Earnings Release and Conference Call to Announce Third Quarter 2024 Results

NEW YORK--(BUSINESS WIRE)--Goldman Sachs BDC, Inc. (“GS BDC”) (NYSE: GSBD) announced today that it will report its third quarter ended September 30, 2024 financial results after the market closes on T...

6 weeks ago - Business Wire

5 Small Caps Yielding 9%-15%: Hidden Values Or Overlooked Trash?

The index huggers are, rightfully, fretting about the only position they own, the S&P 500, which is heavy on Nvidia (NVDA). The soon-to-be-fallen angel is the third largest component of the index at 6...

Other symbols: BBDCLPGRCXRX
2 months ago - Forbes

3 Lessons Learned From Struggling BDCs After Q2 Earnings

The BDC sector faces headwinds such as spread compression, potential Fed rate cuts, and increased corporate distress. Despite these challenges, BDC market indices like VanEck BDC Income ETF and Putnam...

Other symbols: BIZDOCSLTCPC
2 months ago - Seeking Alpha

Goldman Sachs BDC: Risks Are Growing (Rating Downgrade)

Goldman Sachs BDC's Q2'24 results showed a sharp increase in non-accrual percentage. Despite solid dividend coverage of 1.31x in Q2, growing non-performing loan risks and potential Federal Reserve rat...

3 months ago - Seeking Alpha

Goldman Sachs BDC: Time To Buy The Crash, Lock In A 13% Yield

Goldman Sachs BDC stock price dropped, now at an 8% discount to book value. Factors for decline include U.S. recession concerns and increase in non-accruals and investment losses. Despite credit quali...

3 months ago - Seeking Alpha

Goldman Sachs BDC (GSBD) Q2 2024 Earnings Call Transcript

Goldman Sachs BDC (NYSE:GSBD) Q2 2024 Earnings Conference Call August 9, 2024 9:00 AM ET Company Participants Austin Neri – IR Alex Chi – Co-CEO and Co-President David Miller – Co-CEO and Co-Presiden...

3 months ago - Seeking Alpha

Goldman Sachs BDC, Inc. Reports June 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 second quarter ended June 30, 2024 and filed its ...

3 months ago - Business Wire

Goldman Sachs BDC: Decreasing Non-Accruals And Increased Investment Activity (Upgrade)

Goldman Sachs BDC maintains a high distribution rate of 11.9%. The dividend has never been cut, which makes this a reliable income investment. Portfolio consists of 149 companies, the majority on firs...

4 months ago - Seeking Alpha

3 Above-10% Yielding BDCs To Play The Private Credit Boom

Private credit funds and business development corporations often offer 10% yields. Some of these funds are locked up for long periods, causing liquidity problems. Listed BDCs are not. Wall Street is w...

Other symbols: MRCCOCSL
4 months ago - Seeking Alpha

Goldman Sachs BDC, Inc. Schedules Earnings Release and Conference Call to Announce Second Quarter 2024 Results

NEW YORK--(BUSINESS WIRE)--Goldman Sachs BDC, Inc. (“GS BDC”) (NYSE: GSBD) announced today that it will report its second quarter ended June 30, 2024 financial results after the market closes on Thurs...

4 months ago - Business Wire

Goldman Sachs BDC: Improvements, But Key Risks Remain

Goldman Sachs BDC: Improvements, But Key Risks Remain

4 months ago - Seeking Alpha

Goldman Sachs BDC: This 12% Yield Is Still A Buy For Income Seekers

Goldman Sachs BDC has reported strong earnings, with double-digit growth in net investment income and increased originations year-over-year. The company's first-lien exposure is higher than its peers ...

5 months ago - Seeking Alpha

Goldman Sachs BDC: Lock In A High-Quality 12% Yield On The Drop

Goldman Sachs BDC's share price appears to have stabilized after a sell-off in May, making it an attractive investment for dividend investors. The company's first lien strategy, variable rate exposure...

6 months ago - Seeking Alpha

Clean Energy Ventures raises $305 million to back early-stage climate startups

Climate-focused venture capital firm Clean Energy Ventures said Wednesday it raised $305 million for its second fund. The fund was oversubscribed amid investor appetite for emissions-reducing technolo...

6 months ago - CNBC

Very Bad News For Big Dividend Stocks

High-yield stocks have underperformed recently. We discuss why. We also discuss how we have managed to outperform despite the headwinds and how we plan to continue doing so moving forward.

6 months ago - Seeking Alpha

Goldman Sachs BDC: 12% Yield And Re-Rating Potential (Rating Upgrade)

Goldman Sachs BDC has seen a surge in new investment commitments in Q1, leading to higher net investment income. The company comfortably covered its dividend payout and maintained a strong portfolio p...

6 months ago - Seeking Alpha