NYSE:GSBDGoldman Sachs BDC Stock Price, Forecast & News

Goldman Sachs BDC's stock was trading at $17.22 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, GSBD shares have decreased by 6.5% and is now trading at $16.10. View which stocks have been most impacted by Coronavirus.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Goldman Sachs BDC in the last year. There are currently 4 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Goldman Sachs BDC.

Goldman Sachs BDC is scheduled to release its next quarterly earnings announcement on Thursday, August 6th 2020. View our earnings forecast for Goldman Sachs BDC.

Goldman Sachs BDC Inc (NYSE:GSBD) posted its quarterly earnings data on Monday, May, 11th. The financial services provider reported $0.45 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.46 by $0.01. The financial services provider had revenue of $31.97 million for the quarter, compared to the consensus estimate of $32.03 million. Goldman Sachs BDC had a positive return on equity of 11.42% and a negative net margin of 20.92%. View Goldman Sachs BDC's earnings history.

Goldman Sachs BDC announced a quarterly dividend on Monday, May 11th. Stockholders of record on Tuesday, June 30th will be given a dividend of $0.45 per share on Wednesday, July 15th. This represents a $1.80 annualized dividend and a yield of 11.18%. The ex-dividend date is Monday, June 29th. View Goldman Sachs BDC's dividend history.

Goldman Sachs BDC issued an update on its first quarter 2020 Pre-Market earnings guidance on Monday, April, 20th. The company provided earnings per share (EPS) guidance of 0.44-0.46 for the period, compared to the Thomson Reuters consensus estimate of $0.48. The company issued revenue guidance of $31.7-32.3 million, compared to the consensus revenue estimate of $36.38 million.

5 equities research analysts have issued 1 year target prices for Goldman Sachs BDC's shares. Their forecasts range from $15.00 to $16.25. On average, they expect Goldman Sachs BDC's stock price to reach $15.75 in the next twelve months. This suggests that the stock has a possible downside of 2.2%. View analysts' price targets for Goldman Sachs BDC.

Press coverage about GSBD stock has trended negative on Sunday, according to InfoTrie. The research firm identifies negative and positive news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Goldman Sachs BDC earned a news sentiment score of -2.4 on InfoTrie's scale. They also assigned press coverage about the financial services provider a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the next several days. View the latest news about Goldman Sachs BDC.

Some companies that are related to Goldman Sachs BDC include Nuveen Municipal Value Fund (NUV), Adams Diversified Equity Fund (ADX), PIMCO Corporate&Income Opportunity Fund (PTY), Tri-Continental (TY), Gabelli Equity Trust (GAB), Royce Value Trust (RVT), Liberty All-Star Equity Fund (USA), Hercules Capital (HTGC), Boulder Growth & Income Fund (BIF), Tekla Healthcare Investors (HQH), Blackrock Muniyield Insured Fund (MYI), AllianceBernstein Global Hgh Incm Fd (AWF), Tortoise Energy Infrastructure (TYG), Invesco Van Kampen Munpl Oprtnty Tr (VMO) and General American Investors (GAM). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Goldman Sachs BDC investors own include Ares Capital (ARCC), Main Street Capital (MAIN), AT&T (T), New Residential Investment (NRZ), Triplepoint Venture Growth BDC (TPVG), Energy Transfer LP Unit (ET), Omega Healthcare Investors (OHI), AbbVie (ABBV), Prospect Capital (PSEC) and BlackRock TCP Capital (TCPC).

(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 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 institutional and retail investors. Top institutional investors include Confluence Investment Management LLC (0.46%). Company insiders that own Goldman Sachs BDC stock include Goldman Sachs Group Inc, Jaime Ardila, Jon Yoder, Jonathan Lamm, Jordan Walter, Michael Mastropaolo, Ross Jay Kari and Salvatore Lentini. View institutional ownership trends for Goldman Sachs BDC.

GSBD stock was sold by a variety of institutional investors in the last quarter, including Confluence Investment Management LLC. View insider buying and selling activity for Goldman Sachs BDC.

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

One share of GSBD stock can currently be purchased for approximately $16.10.

Goldman Sachs BDC has a market capitalization of $650.44 million and generates $147.26 million in revenue each year. The financial services provider earns $36.15 million in net income (profit) each year or $1.98 on an earnings per share basis.

The official website for Goldman Sachs BDC is www.goldmansachsbdc.com.

Goldman Sachs BDC's mailing address is 200 West Street, New York NY, 10282. The financial services provider can be reached via phone at 212-902-0300.