NYSE:GSBD - Goldman Sachs BDC Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Goldman Sachs BDC Inc Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $20.00 -0.50 (-2.44 %) (As of 02/27/2020 04:00 PM ET) Add Compare Today's Range$19.80Now: $20.00▼$20.3850-Day Range$20.30MA: $21.39▼$22.4552-Week Range$18.71Now: $20.00▼$22.50Volume408,927 shsAverage Volume154,057 shsMarket Capitalization$808.04 millionP/E Ratio22.22Dividend Yield8.78%Beta0.98 ProfileAnalyst RatingsAdvanced ChartDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsSocial Media Share on FacebookShare on TwitterShare on LinkedInShare on RedditShare on StocktwitsPrint this articleShare by Email 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. Read More… Industry, Sector and Symbol Stock Exchange NYSE Industry Investment offices, not elsewhere classified Sub-IndustryN/A SectorFinance Current SymbolNYSE:GSBD Previous Symbol CUSIPN/A CIK1572694 Webhttp://www.goldmansachsbdc.com/ Phone212-902-0300Debt Debt-to-Equity Ratio1.14 Current Ratio0.68 Quick Ratio0.68Price-To-Earnings Trailing P/E Ratio22.22 Forward P/E Ratio10.26 P/E Growth10.44 Sales & Book Value Annual Sales$147.26 million Price / Sales5.49 Cash Flow$1.76 per share Price / Cash Flow11.36 Book Value$16.74 per share Price / Book1.19Profitability EPS (Most Recent Fiscal Year)$1.98 Net Income$36.15 million Net Margins24.55% Return on Equity11.60% Return on Assets5.38%Miscellaneous EmployeesN/A Outstanding Shares40,402,000Market Cap$808.04 million Next Earnings Date5/14/2020 (Estimated) OptionableNot Optionable Receive GSBD News and Ratings via Email Sign-up to receive the latest news and ratings for GSBD and its competitors with MarketBeat's FREE daily newsletter. GSBD Rates by TradingView Goldman Sachs BDC (NYSE:GSBD) Frequently Asked Questions What is Goldman Sachs BDC's stock symbol? Goldman Sachs BDC trades on the New York Stock Exchange (NYSE) under the ticker symbol "GSBD." How often does Goldman Sachs BDC pay dividends? What is the dividend yield for Goldman Sachs BDC? Goldman Sachs BDC declared a quarterly dividend on Thursday, February 20th. Stockholders of record on Tuesday, March 31st will be given a dividend of $0.45 per share on Wednesday, April 15th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 9.00%. The ex-dividend date of this dividend is Monday, March 30th. View Goldman Sachs BDC's Dividend History. How were Goldman Sachs BDC's earnings last quarter? Goldman Sachs BDC Inc (NYSE:GSBD) released its earnings results on Thursday, November, 7th. The financial services provider reported $0.47 earnings per share (EPS) for the quarter, meeting the Thomson Reuters' consensus estimate of $0.47. The financial services provider had revenue of $36.86 million for the quarter, compared to analyst estimates of $39.61 million. Goldman Sachs BDC had a net margin of 24.55% and a return on equity of 11.60%. The company's quarterly revenue was down 2.9% compared to the same quarter last year. During the same period in the previous year, the company earned $0.54 earnings per share. View Goldman Sachs BDC's Earnings History. When is Goldman Sachs BDC's next earnings date? Goldman Sachs BDC is scheduled to release their next quarterly earnings announcement on Thursday, May 14th 2020. View Earnings Estimates for Goldman Sachs BDC. What price target have analysts set for GSBD? 5 Wall Street analysts have issued 12 month price targets for Goldman Sachs BDC's shares. Their forecasts range from $20.00 to $22.00. On average, they expect Goldman Sachs BDC's share price to reach $21.25 in the next twelve months. This suggests a possible upside of 6.3% from the stock's current price. View Analyst Price Targets for Goldman Sachs BDC. What is the consensus analysts' recommendation for Goldman Sachs BDC? 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. What are Wall Street analysts saying about Goldman Sachs BDC stock? 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. " (1/31/2020) 2. National Securities analysts commented, "▪ GSBD posted NII/share of $0.55 for 1Q19, ahead of our estimate of $0.50. The company earned a $493K incentive fee for the quarter as NAV/share slipped to $17.25 from $17.65 Q/Q. ▪ Goldman had a $24.7mm realized loss on the quarter, driven by the restructuring of former non-accrual ASC. At 12/31/18, ASC had $14.5mm of unrealized depreciation. Non-accruals at cost decreased to $76.2mm or 5.2% of the portfolio from $129.3mm or 9.1% of the portfolio Q/Q. The largest non-accrual with a cost of $56.0mm, NTS Communications, is slated to be sold pending approval from the FCC. We are unsure of what the timing will ultimately be, but Goldman is confident from conversations with the FCC that they have no reason to deny the sale of the firm. ▪ In May, Goldman and Cal Regents each contributed capital to the SCF in order repay the credit facility and buy out their pro rata portions of the assets. At 3/31/19, Goldman’s share of the assets at fair value stood at $221.8mm. ▪ The SCF is 98.8% first lien with a yield at cost of 7.6% compared with the on-balance sheet portfolio yield of 9.3%. While this is not a game changer by any means, we think it was smart for Goldman to appropriately manage their economic leverage now that they have reduced asset coverage and can also get rid of frictional costs of the JV. We think the company will use repayments of SCF assets to fund higher yielding loans, although the SCF loans have a median EBITDA of $48.8mm and likely can’t be actively sold with ease. ▪ With pricing more favorable, we expect Goldman to tap the unsecured debt market in 3Q19 with $200m of five-year notes priced at 5.25%. We expect the proceeds to pay-down the revolver balance, which was likely increased Q/Q for 2Q19 to fund the purchase of SCF assets. ▪ We are revising our 2019 NII/share estimate to $1.97 from $1.91 and our 2020 NII/share estimate to $1.92 from $1.90. We are maintaining our BUY rating and $22 price target." (5/13/2019) Has Goldman Sachs BDC been receiving favorable news coverage? News articles about GSBD stock have trended negative recently, InfoTrie reports. The research firm ranks the sentiment of news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Goldman Sachs BDC earned a news impact score of -2.1 on InfoTrie's scale. They also gave news headlines about the financial services provider a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View News Stories for Goldman Sachs BDC. Are investors shorting Goldman Sachs BDC? Goldman Sachs BDC saw a decline in short interest in the month of February. As of February 14th, there was short interest totalling 184,500 shares, a decline of 22.6% from the January 30th total of 238,500 shares. Based on an average daily trading volume, of 135,800 shares, the days-to-cover ratio is currently 1.4 days. Approximately 0.5% of the company's stock are sold short. View Goldman Sachs BDC's Current Options Chain. Who are some of Goldman Sachs BDC's key competitors? Some companies that are related to Goldman Sachs BDC include Nuveen Municipal Value Fund (NUV), Hercules Capital (HTGC), Adams Diversified Equity Fund (ADX), PIMCO Corporate&Income Opportunity Fund (PTY), Gabelli Equity Trust (GAB), Tri-Continental (TY), Royce Value Trust (RVT), Liberty All-Star Equity Fund (USA), Boulder Growth & Income Fund (BIF), Apollo Investment (AINV), AllianceBernstein Global Hgh Incm Fd (AWF), Blackrock Muniyield Insured Fund (MYI), PIMCO High Income Fund (PHK), General American Investors (GAM) and Tekla Healthcare Investors (HQH). What other stocks do shareholders of Goldman Sachs BDC own? 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), New Residential Investment (NRZ), Energy Transfer LP Unit (ET), AT&T (T), AbbVie (ABBV), Macquarie Infrastructure (MIC), Omega Healthcare Investors (OHI), Triplepoint Venture Growth BDC (TPVG) and Verizon Communications (VZ). Who are Goldman Sachs BDC's key executives? Goldman Sachs BDC's management team includes the folowing people: Mr. Brendan M. McGovern, Pres & CEO (Age 48)Mr. Jonathan Lamm, Treasurer & CFO (Age 44)Mr. Jon Yoder, Chief Operating Officer (Age 45)Mr. David Yu, Head of Research and Exec. VP (Age 37)Ms. Katherine Schneider, VP Investor Relations When did Goldman Sachs BDC IPO? (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. Who are Goldman Sachs BDC's major shareholders? Goldman Sachs BDC's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include UBS Group AG (1.55%), Manchester Financial Inc. (1.46%), Van ECK Associates Corp (0.99%), CIBC World Markets Inc. (0.89%), Muzinich & Co. Inc. (0.87%) and Fort Washington Investment Advisors Inc. OH (0.59%). Company insiders that own Goldman Sachs BDC stock include Goldman Sachs Group Inc and Salvatore Lentini. View Institutional Ownership Trends for Goldman Sachs BDC. Which major investors are selling Goldman Sachs BDC stock? GSBD stock was sold by a variety of institutional investors in the last quarter, including Muzinich & Co. Inc., CIBC World Markets Inc., Fort Washington Investment Advisors Inc. OH, UBS Group AG, Manchester Financial Inc., Confluence Investment Management LLC, Barnett & Company Inc. and Guggenheim Capital LLC. View Insider Buying and Selling for Goldman Sachs BDC. Which major investors are buying Goldman Sachs BDC stock? GSBD stock was bought by a variety of institutional investors in the last quarter, including Radnor Financial Advisors LLC, Colony Group LLC, Van ECK Associates Corp, California Public Employees Retirement System, Steward Partners Investment Advisory LLC, Jag Capital Management LLC, Ieq Capital LLC and Ieq Capital LLC. View Insider Buying and Selling for Goldman Sachs BDC. How do I buy shares of 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. What is Goldman Sachs BDC's stock price today? One share of GSBD stock can currently be purchased for approximately $20.00. How big of a company is Goldman Sachs BDC? Goldman Sachs BDC has a market capitalization of $808.04 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. View Additional Information About Goldman Sachs BDC. What is Goldman Sachs BDC's official website? The official website for Goldman Sachs BDC is http://www.goldmansachsbdc.com/. How can I contact Goldman Sachs BDC? 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. MarketBeat Community Rating for Goldman Sachs BDC (NYSE GSBD)Community Ranking: 2.2 out of 5 ( )Outperform Votes: 254 (Vote Outperform)Underperform Votes: 330 (Vote Underperform)Total Votes: 584MarketBeat's community ratings are surveys of what our community members think about Goldman Sachs BDC and other stocks. Vote "Outperform" if you believe GSBD will outperform the S&P 500 over the long term. Vote "Underperform" if you believe GSBD will underperform the S&P 500 over the long term. You may vote once every thirty days. This page was last updated on 2/27/2020 by MarketBeat.com StaffFeatured Article: Asset Allocation
