Goldman Sachs BDC, Inc. (GSBD)
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]
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 StatementsAnalyst 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.
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...

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...

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 ...

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...

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...

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 ...

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...

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...

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...

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...

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...

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%.

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...

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...

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...

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...

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...

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...

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...

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...

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,...

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...

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 ...

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...

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...