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) released its earnings results on Monday, May, 11th. The financial services provider reported $0.45 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.46 by $0.01. The financial services provider earned $31.97 million during the quarter, compared to analysts' expectations 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 declared a quarterly dividend on Monday, May 11th. Shareholders 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 dividend on an annualized basis and a dividend yield of 11.18%. The ex-dividend date of this dividend is Monday, June 29th. View Goldman Sachs BDC's dividend history.

Goldman Sachs BDC updated its first quarter 2020 Pre-Market earnings guidance on Monday, April, 20th. The company provided EPS guidance of 0.44-0.46 for the period, compared to the Thomson Reuters consensus EPS 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 Wall Street analysts have issued 12-month target prices for Goldman Sachs BDC's stock. Their forecasts range from $15.00 to $16.25. On average, they anticipate 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.

Media coverage about GSBD stock has been trending somewhat negative recently, according to InfoTrie Sentiment Analysis. InfoTrie rates the sentiment of press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Goldman Sachs BDC earned a daily sentiment score of -1.3 on InfoTrie's scale. They also gave news headlines about the financial services provider a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the near future. 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 acted 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 shareholders 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 $650.47 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.