Goldman Sachs BDC Company Profile (NYSE:GSBD)

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

Goldman Sachs BDC announced a quarterly dividend on Friday, August 4th. Stockholders of record on Friday, September 29th will be given a dividend of $0.45 per share on Monday, October 16th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 8.04%. The ex-dividend date is Thursday, September 28th. View Goldman Sachs BDC's Dividend History.

Goldman Sachs BDC, Inc. (NYSE:GSBD) issued its earnings results on Thursday, August, 3rd. The company reported $0.64 earnings per share for the quarter, topping the consensus estimate of $0.49 by $0.15. The firm had revenue of $36 million for the quarter, compared to analyst estimates of $33.66 million. Goldman Sachs BDC had a return on equity of 11.54% and a net margin of 35.73%. The company's quarterly revenue was up 11.8% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.49 EPS. View Goldman Sachs BDC's Earnings History.

Goldman Sachs BDC is scheduled to release their next quarterly earnings announcement on Thursday, November, 2nd 2017. View Earnings Estimates for Goldman Sachs BDC.

8 equities research analysts have issued twelve-month price objectives for Goldman Sachs BDC's stock. Their forecasts range from $18.40 to $28.00. On average, they anticipate Goldman Sachs BDC's share price to reach $22.18 in the next twelve months. View Analyst Ratings for Goldman Sachs BDC.

Here are some recent quotes from research analysts about Goldman Sachs BDC stock:

• 1. According to Zacks Investment Research, "Goldman Sachs BDC, Inc. is a specialty finance company. The Company invests primarily in telecommunication services, electronic equipment, instruments and components and real estate management and development industries. Goldman Sachs BDC, Inc. is based in NEW YORK, United States. " (10/17/2017)
• 2. National Securities analysts commented, "• Goldman reported NII/share of $0.64, versus our estimate of $0.50 and the $0.45 quarterly dividend. Total repayments for the quarter totaled $167.8 million, the highest amount since GSBD went public. The combined accelerated OID accretion and prepayment fees served to significantly boost investment income during the quarter. We expect prepayments and thus fees and OID acceleration will normalize in 3Q17 although we still anticipate NII to be well in excess of the quarterly dividend.
  • GSBD had heavy realized losses of $38.1 million for the quarter largely pertaining to previous non-accruals Washington Inventory Services and Iracore International Holdings being restructured. These two non-accruals combined had unrealized losses of $32.4 million as of 3/31/17. Additionally, Kawa Solar Holdings was placed on non-accrual with a cost of $6.7 million. The out-earned dividend courtesy of prepayments combined with a 2Q17 equity offering completed at a 23% premium to 1Q17 NAV/share served to offset the realized losses and resulted in NAV/share only being down $0.03 Q/Q.
  • We are revising our 2017 NII/share estimate to $2.10 from $1.98 and our 2018 NII/share estimate to $2.03 from $2.07." (8/7/2017)

Some companies that are related to Goldman Sachs BDC include Waddell & Reed Financial (WDR), Sanne Group PLC (SNN), IP Group Plc (IPO), Gamco Investors (GBL), Allied Minds PLC (ALM), Arlington Asset Investment Corp (AI), Safeguard Scientifics (SFE), River and Mercantile Group PLC (RIV), Mattioli Woods plc (MTW), IFG Group PLC (IFP), Garrison Capital (GARS), Ashford (AINC), Sigma Capital Group Plc (SGM), Tavistock Investments PLC (TAVI), Janus Capital Group (JNS), Janus Henderson Group PLC (HGG) and Sole Realisation Company PLC (SVI).

Goldman Sachs BDC's management team includes the folowing people:

• Ashok N. Bakhru, Independent Chairman of the Board
• Brendan Mcgovern, President, Chief Executive Officer
• Jonathan Lamm, Chief Financial Officer, Treasurer
• Jon Yoder, Chief Operating Officer
• Salvatore Lentini, Executive Vice President
• Scott Turco, Executive Vice President
• David Yu, Executive Vice President, Head - Research
• Carmine Rossetti, Principal Accounting Officer
• Maya Teufel, Chief Compliance Officer
• Katherine Uniacke, Director

(GSBD) raised $123 million in an initial public offering (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 acted as the underwriters for the IPO and Raymond James and SunTrust Robinson Humphrey were co-managers.

Shares of Goldman Sachs BDC can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Goldman Sachs BDC stock can currently be purchased for approximately $22.40.