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 $22.45 +0.10 (+0.45 %) (As of 02/21/2020 03:40 AM ET) Add Compare Today's Range$22.34Now: $22.45▼$22.5050-Day Range$20.91MA: $21.42▼$22.4552-Week Range$18.71Now: $22.45▼$22.50Volume117,700 shsAverage Volume123,959 shsMarket Capitalization$906.24 millionP/E Ratio34.54Dividend Yield8.05%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 Ratio1.06 Current Ratio0.57 Quick Ratio0.57Price-To-Earnings Trailing P/E Ratio34.54 Forward P/E Ratio11.34 P/E Growth11.48 Sales & Book Value Annual Sales$146.73 million Price / Sales6.18 Cash Flow$2.07 per share Price / Cash Flow10.84 Book Value$17.65 per share Price / Book1.27Profitability EPS (Most Recent Fiscal Year)$2.06 Net Income$53.68 million Net Margins17.59% Return on Equity11.89% Return on Assets5.66%Miscellaneous EmployeesN/A Outstanding Shares40,367,000Market Cap$906.24 million Next Earnings DateN/A 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 announced a quarterly dividend on Thursday, November 7th. Investors of record on Tuesday, December 31st will be paid a dividend of $0.45 per share on Wednesday, January 15th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 8.02%. The ex-dividend date of this dividend is Monday, December 30th. View Goldman Sachs BDC's Dividend History. How were Goldman Sachs BDC's earnings last quarter? Goldman Sachs BDC Inc (NYSE:GSBD) announced its earnings results on Thursday, November, 7th. The financial services provider reported $0.47 EPS for the quarter, hitting the Thomson Reuters' consensus estimate of $0.47. The financial services provider had revenue of $36.86 million for the quarter, compared to the consensus estimate of $39.61 million. Goldman Sachs BDC had a return on equity of 11.89% and a net margin of 17.59%. The company's revenue was down 2.9% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.54 earnings per share. View Goldman Sachs BDC's Earnings History. What price target have analysts set for GSBD? 4 equities research analysts have issued 1-year price targets for Goldman Sachs BDC's stock. Their forecasts range from $20.00 to $22.00. On average, they expect Goldman Sachs BDC's stock price to reach $21.25 in the next year. This suggests that the stock has a possible downside of 5.3%. View Analyst Price Targets for Goldman Sachs BDC. What is the consensus analysts' recommendation for Goldman Sachs BDC? 4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Goldman Sachs BDC in the last year. There are currently 2 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." 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 headlines about GSBD stock have trended somewhat positive on Friday, according to InfoTrie Sentiment Analysis. The research group identifies negative and positive news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Goldman Sachs BDC earned a media sentiment score of 1.0 on InfoTrie's scale. They also assigned headlines about the financial services provider a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the company's share price in the next several days. 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 January. As of January 31st, there was short interest totalling 238,500 shares, a decline of 31.7% from the January 15th total of 349,000 shares. Based on an average daily volume of 138,900 shares, the short-interest ratio is presently 1.7 days. Currently, 0.6% of the company's shares are short sold. 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), Adams Diversified Equity Fund (ADX), PIMCO Corporate&Income Opportunity Fund (PTY), Hercules Capital (HTGC), 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), General American Investors (GAM), PIMCO High Income Fund (PHK), Blackrock Muniyield Insured Fund (MYI) 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 served 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 variety of of institutional and retail 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 institutional 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 institutional investors are buying Goldman Sachs BDC stock? GSBD stock was acquired 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 $22.45. How big of a company is Goldman Sachs BDC? Goldman Sachs BDC has a market capitalization of $906.24 million and generates $146.73 million in revenue each year. The financial services provider earns $53.68 million in net income (profit) each year or $2.06 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: 253 (Vote Outperform)Underperform Votes: 327 (Vote Underperform)Total Votes: 580MarketBeat'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 2/21/2020 by MarketBeat.com StaffFeatured Article: How prevalent are 12b-1 fees?
