Goldman Sachs BDC (GSBD) Stock Forecast, Price & News

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Goldman Sachs BDC in the last year. There are currently 4 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" GSBD shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in GSBD, but not buy additional shares or sell existing shares.
View GSBD analyst ratings or view top-rated stocks.

4 brokers have issued 12-month price objectives for Goldman Sachs BDC's shares. Their GSBD share price forecasts range from $14.50 to $16.50. On average, they expect the company's stock price to reach $15.67 in the next twelve months. This suggests a possible upside of 17.6% from the stock's current price.
View analysts price targets for GSBD or view top-rated stocks among Wall Street analysts.

Goldman Sachs BDC's stock was trading at $13.72 at the beginning of the year. Since then, GSBD stock has decreased by 2.9% and is now trading at $13.32.
View the best growth stocks for 2023 here.

Goldman Sachs BDC saw a increase in short interest in May. As of May 15th, there was short interest totaling 1,550,000 shares, an increase of 15.7% from the April 30th total of 1,340,000 shares. Based on an average daily volume of 652,200 shares, the days-to-cover ratio is currently 2.4 days.
View Goldman Sachs BDC's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 3rd 2023.
View our GSBD earnings forecast.

Goldman Sachs BDC, Inc. (NYSE:GSBD) posted its quarterly earnings results on Thursday, May, 4th. The financial services provider reported $0.45 earnings per share for the quarter, missing the consensus estimate of $0.54 by $0.09. The financial services provider had revenue of $107.40 million for the quarter, compared to the consensus estimate of $107.34 million. Goldman Sachs BDC had a trailing twelve-month return on equity of 14.15% and a net margin of 10.90%.

Goldman Sachs BDC announced a quarterly dividend on Thursday, May 4th. Stockholders of record on Friday, June 30th will be given a dividend of $0.45 per share on Thursday, July 27th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 13.51%. The ex-dividend date is Thursday, June 29th.
Read our dividend analysis for GSBD.

ETFs with the largest weight of Goldman Sachs BDC (NYSE:GSBD) stock in their portfolio include VanEck BDC Income ETF (BIZD), Invesco KBW High Dividend Yield Financial ETF (KBWD), ProShares Global Listed Private Equity ETF (PEX), Virtus Private Credit ETF (VPC) and GraniteShares HIPS US High Income ETF (HIPS).Invesco Global Listed Private Equity ETF (PSP),

Goldman Sachs BDC (NYSE:GSBD) pays an annual dividend of $1.80 per share and currently has a dividend yield of 13.57%. GSBD has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 439.02%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, GSBD will have a dividend payout ratio of 84.91% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for GSBD.

Based on aggregate information from My MarketBeat watchlists, some companies that other Goldman Sachs BDC investors own include AT&T (T), Ares Capital (ARCC), Main Street Capital (MAIN), Energy Transfer (ET), Verizon Communications (VZ), AbbVie (ABBV), Omega Healthcare Investors (OHI), JPMorgan Chase & Co. (JPM), New Residential Investment (NRZ) and Prospect Capital (PSEC).

(GSBD) raised $123 million in an IPO on Wednesday, March 18th 2015. The company issued 6,000,000 shares at $20.00-$21.00 per share. BofA Merrill Lynch, Goldman Sachs, Morgan Stanley, Citigroup, Credit Suisse and Wells Fargo Securities served as the underwriters for the IPO and Raymond James and SunTrust Robinson Humphrey were co-managers.

Goldman Sachs BDC trades on the New York Stock Exchange (NYSE) under the ticker symbol "GSBD."

Goldman Sachs BDC's stock is owned by many different retail and institutional investors. Top institutional investors include Raymond James & Associates (1.40%), Van ECK Associates Corp (1.37%), Advisors Capital Management LLC (0.62%), BlackRock Inc. (0.49%), Ameriprise Financial Inc. (0.45%) and HighTower Advisors LLC (0.44%). Insiders that own company stock include Ann B Lane, Carlos E Evans and David Miller.
View institutional ownership trends.

Shares of GSBD stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of GSBD stock can currently be purchased for approximately $13.32.

Goldman Sachs BDC (NYSE:GSBD) has a market capitalization of $1.46 billion and generates $357.45 million in revenue each year. The financial services provider earns $55 million in net income (profit) each year or $0.41 on an earnings per share basis.

Goldman Sachs BDC's mailing address is 200 West Street, New York NY, 10282. The official website for the company is www.goldmansachsbdc.com. The financial services provider can be reached via phone at (212) 902-0300 or via fax at 212-357-5281.