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

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Goldman Sachs BDC in the last twelve months. There are currently 2 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.

2 brokers have issued 1-year price targets for Goldman Sachs BDC's shares. Their GSBD share price forecasts range from $14.50 to $16.00. On average, they predict the company's stock price to reach $15.25 in the next year. This suggests a possible upside of 1.5% 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 increased by 9.5% and is now trading at $15.02.
View the best growth stocks for 2023 here.

Goldman Sachs BDC saw a decrease in short interest during the month of August. As of August 15th, there was short interest totaling 1,160,000 shares, a decrease of 5.7% from the July 31st total of 1,230,000 shares. Based on an average daily trading volume, of 460,600 shares, the days-to-cover ratio is currently 2.5 days.
View Goldman Sachs BDC's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, November 2nd 2023.
View our GSBD earnings forecast.

Goldman Sachs BDC, Inc. (NYSE:GSBD) posted its earnings results on Thursday, August, 3rd. The financial services provider reported $0.58 EPS for the quarter, beating the consensus estimate of $0.53 by $0.05. The financial services provider had revenue of $112.08 million for the quarter, compared to analysts' expectations of $109.16 million. Goldman Sachs BDC had a net margin of 21.16% and a trailing twelve-month return on equity of 14.98%.

Goldman Sachs BDC announced a quarterly dividend on Thursday, August 3rd. Investors of record on Saturday, September 30th will be paid a dividend of $0.45 per share on Friday, October 27th. This represents a $1.80 dividend on an annualized basis and a yield of 11.98%. The ex-dividend date is Thursday, September 28th.
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), Virtus Private Credit Strategy ETF (VPC) and ProShares Global Listed Private Equity ETF (PEX).GraniteShares HIPS US High Income ETF (HIPS).

Goldman Sachs BDC (NYSE:GSBD) pays an annual dividend of $1.80 per share and currently has a dividend yield of 12.08%. GSBD has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 216.87%. 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 80.36% 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 initial public offering (IPO) on Wednesday, March 18th 2015. The company issued 6,000,000 shares at a price of $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 a number of institutional and retail investors. Top institutional investors include Van ECK Associates Corp (1.48%), Raymond James Financial Services Advisors Inc. (0.99%), Raymond James & Associates (0.71%), Creative Planning (0.67%), Advisors Capital Management LLC (0.58%) and Pursue Wealth Partners LLC (0.57%). 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 $15.02.

Goldman Sachs BDC (NYSE:GSBD) has a market capitalization of $1.65 billion and generates $101.55 million in revenue each year. The financial services provider earns $55 million in net income (profit) each year or $0.83 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.