Goldman Sachs BDC Company Profile (NYSE:GSBD)

About Goldman Sachs BDC (NYSE:GSBD)

Goldman Sachs BDC logoGoldman Sachs BDC, Inc. is a closed-end management investment company. The Company is a specialty finance company, which is focused on lending to middle-market companies. The Company's investment objective is to generate current income and, to a lesser extent, capital appreciation primarily through direct originations of secured debt, including first lien, including first lien, unitranche, including last out portions of such loans, and second lien debt, and unsecured debt, including mezzanine debt, as well as through select equity investments. The Company invests primarily in the United States middle-market companies. The Company invests in illiquid securities, including debt and equity investments, of middle-market companies. As of December 31, 2016, its portfolio included first lien/senior secured debt, first lien/last-out unitranche, second lien/senior secured debt, unsecured debt, preferred stock, common stock, and investment funds and vehicles.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Investment Management & Fund Operators
  • Sub-Industry: N/A
  • Symbol: NYSE:GSBD
  • CUSIP: N/A
  • Web:
Average Prices:
  • 50 Day Moving Avg: $22.18
  • 200 Day Moving Avg: $22.86
  • 52 Week Range: $20.00 - $25.60
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 11.31
  • P/E Growth: 2.17
  • Annual Dividend: $1.80
  • Dividend Yield: 8.0%
  • Net Margins: 35.73%
  • Return on Equity: 11.54%
  • Return on Assets: 6.67%
  • Debt-to-Equity Ratio: 0.56%
  • Current Ratio: 1.85%
  • Quick Ratio: 1.85%
  • Average Volume: 121,784 shs.
  • Beta: 0.87

Frequently Asked Questions for Goldman Sachs BDC (NYSE:GSBD)

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 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.

How were Goldman Sachs BDC's earnings last quarter?

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.

When will Goldman Sachs BDC make its next earnings announcement?

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

Where is Goldman Sachs BDC's stock going? Where will Goldman Sachs BDC's stock price be in 2017?

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.

What are 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. " (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)

Who are some of Goldman Sachs BDC's key competitors?

Who are Goldman Sachs BDC's key executives?

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

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.

How do I buy Goldman Sachs BDC stock?

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.

What is Goldman Sachs BDC's stock price today?

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

MarketBeat Community Rating for Goldman Sachs BDC (NYSE GSBD)
Community Ranking:  2.0 out of 5 (star star)
Outperform Votes:  103 (Vote Outperform)
Underperform Votes:  152 (Vote Underperform)
Total Votes:  255
MarketBeat's community ratings are surveys of what our community members think about Goldman Sachs BDC and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Goldman Sachs BDC (NYSE:GSBD) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Sell Rating, 4 Hold Ratings, 3 Buy Ratings
Consensus Rating:Hold (Score: 2.25)
Consensus Price Target: $22.18 (0.98% downside)
Consensus Price Target History for Goldman Sachs BDC (NYSE:GSBD)
Price Target History for Goldman Sachs BDC (NYSE:GSBD)
Analysts' Ratings History for Goldman Sachs BDC (NYSE:GSBD)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
8/7/2017National SecuritiesReiterated RatingNeutral$22.00LowView Rating Details
5/26/2017Raymond James Financial, Inc.UpgradeMarket Perform -> OutperformLowView Rating Details
5/26/2017Goldman Sachs Group, Inc. (The)UpgradeMarket Perform -> OutperformLowView Rating Details
3/21/2017Citigroup Inc.Reiterated RatingBuy$24.00 -> $28.00LowView Rating Details
1/18/2017Wells Fargo & CompanyDowngradeOutperform -> Market PerformN/AView Rating Details
1/6/2017SunTrust Banks, Inc.DowngradeBuy -> Hold$22.00N/AView Rating Details
11/30/2016National Alliance SecuritiesDowngradeBuy -> NeutralN/AView Rating Details
11/3/2016Bank of America CorporationDowngradeNeutral -> Underperform$20.50N/AView Rating Details
6/1/2016Credit Suisse GroupLower Price TargetNeutral$21.00 -> $19.50N/AView Rating Details
(Data available from 10/19/2015 forward)


Earnings History for Goldman Sachs BDC (NYSE:GSBD)
Earnings by Quarter for Goldman Sachs BDC (NYSE:GSBD)
Earnings History by Quarter for Goldman Sachs BDC (NYSE GSBD)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/2/2017$0.46N/AView Earnings Details
8/3/2017Q2 2017$0.49$0.64$33.66 million$36.00 millionViewListenView Earnings Details
5/4/2017Q1 2017$0.49$0.49$32.03 million$32.20 millionViewListenView Earnings Details
2/28/2017Q416$0.51$0.50$33.31 million$30.49 millionViewN/AView Earnings Details
11/3/2016Q316$0.50$0.51$26.37 million$33.95 millionViewN/AView Earnings Details
8/4/2016Q216$0.51$0.50$32.09 million$29.32 millionViewN/AView Earnings Details
5/9/2016Q116$0.51$0.58$32.48 million$29.95 millionViewN/AView Earnings Details
3/2/2016Q415$0.53$0.62$33.19 million$31.85 millionViewN/AView Earnings Details
11/5/2015Q315$0.48$0.57$28.87 million$32.90 millionViewN/AView Earnings Details
8/6/2015Q215$0.46$0.44$27.00 million$27.30 millionViewN/AView Earnings Details
5/14/2015Q115$0.49$0.52$26.36 million$26.37 millionViewListenView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Goldman Sachs BDC (NYSE:GSBD)
Current Year EPS Consensus Estimate: $2.07 EPS
Next Year EPS Consensus Estimate: $1.98 EPS


Current Dividend Information for Goldman Sachs BDC (NYSE:GSBD)
Most Recent Dividend:10/16/2017
Annual Dividend:$1.80
Dividend Yield:8.04%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:139.54% (Trailing 12 Months of Earnings)
86.96% (Based on This Year's Estimates)
90.91% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Goldman Sachs BDC (NYSE:GSBD)

Dividend History by Quarter for Goldman Sachs BDC (NYSE GSBD)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Goldman Sachs BDC (NYSE:GSBD)
Insider Ownership Percentage: 0.32%
Institutional Ownership Percentage: 36.66%
Insider Trades by Quarter for Goldman Sachs BDC (NYSE:GSBD)
Institutional Ownership by Quarter for Goldman Sachs BDC (NYSE:GSBD)
Insider Trades by Quarter for Goldman Sachs BDC (NYSE:GSBD)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
6/8/2017Ann B LaneDirectorBuy2,240$22.32$49,996.80View SEC Filing  
5/23/2017Ross Jay KariDirectorBuy5,000$22.24$111,200.00View SEC Filing  
11/7/2016Jaime ArdilaDirectorBuy4,683$21.52$100,778.16View SEC Filing  
3/4/2016Goldman Sachs Group IncMajor ShareholderBuy12,930$18.71$241,920.30View SEC Filing  
3/4/2016Salvatore LentiniEVPBuy7,941$18.82$149,449.62View SEC Filing  
3/2/2016Goldman Sachs Group IncMajor ShareholderBuy14,984$18.58$278,402.72View SEC Filing  
2/29/2016Goldman Sachs Group IncMajor ShareholderBuy16,150$18.46$298,129.00View SEC Filing  
2/25/2016Goldman Sachs Group IncMajor ShareholderBuy17,407$18.43$320,811.01View SEC Filing  
2/23/2016Goldman Sachs Group IncMajor ShareholderBuy16,233$18.44$299,336.52View SEC Filing  
2/19/2016Goldman Sachs Group IncMajor ShareholderBuy19,818$18.37$364,056.66View SEC Filing  
2/17/2016Goldman Sachs Group IncMajor ShareholderBuy20,686$18.05$373,382.30View SEC Filing  
2/12/2016Goldman Sachs Group IncMajor ShareholderBuy21,319$17.77$378,838.63View SEC Filing  
2/10/2016Goldman Sachs Group IncMajor ShareholderBuy20,943$18.08$378,649.44View SEC Filing  
2/8/2016Goldman Sachs Group IncMajor ShareholderBuy20,838$18.10$377,167.80View SEC Filing  
2/4/2016Goldman Sachs Group IncMajor ShareholderBuy20,453$17.99$367,949.47View SEC Filing  
2/2/2016Goldman Sachs Group IncMajor ShareholderBuy20,305$18.01$365,693.05View SEC Filing  
1/29/2016Goldman Sachs Group IncMajor ShareholderBuy21,800$18.37$400,466.00View SEC Filing  
1/25/2016Goldman Sachs Group IncMajor ShareholderBuy20,439$18.55$379,143.45View SEC Filing  
1/21/2016Goldman Sachs Group IncMajor ShareholderBuy27,699$17.51$485,009.49View SEC Filing  
1/19/2016Goldman Sachs Group IncMajor ShareholderBuy21,685$18.60$403,341.00View SEC Filing  
1/14/2016Goldman Sachs Group IncMajor ShareholderBuy22,350$19.21$429,343.50View SEC Filing  
1/12/2016Goldman Sachs Group IncMajor ShareholderBuy23,509$19.27$453,018.43View SEC Filing  
1/8/2016Goldman Sachs Group IncMajor ShareholderBuy23,247$19.31$448,899.57View SEC Filing  
1/6/2016Goldman Sachs Group IncMajor ShareholderBuy15,700$19.15$300,655.00View SEC Filing  
1/4/2016Goldman Sachs Group IncMajor ShareholderBuy25,999$19.19$498,920.81View SEC Filing  
12/30/2015Goldman Sachs Group IncMajor ShareholderBuy27,312$19.34$528,214.08View SEC Filing  
12/14/2015Goldman Sachs Group IncMajor ShareholderBuy12,284$19.24$236,344.16View SEC Filing  
10/9/2015Goldman Sachs Group IncMajor ShareholderBuy21,456$19.42$416,675.52View SEC Filing  
10/7/2015Goldman Sachs Group IncMajor ShareholderBuy42,176$19.25$811,888.00View SEC Filing  
10/5/2015Goldman Sachs Group IncMajor ShareholderBuy39,927$18.87$753,422.49View SEC Filing  
10/1/2015Goldman Sachs Group IncMajor ShareholderBuy40,898$18.54$758,248.92View SEC Filing  
9/29/2015Goldman Sachs Group IncMajor ShareholderBuy20,449$18.51$378,510.99View SEC Filing  
(Data available from 1/1/2013 forward)


Headline Trends for Goldman Sachs BDC (NYSE:GSBD)
Latest Headlines for Goldman Sachs BDC (NYSE:GSBD)
DateHeadline logoZacks Investment Research Lowers Goldman Sachs BDC, Inc. (GSBD) to Sell - October 18 at 12:58 AM logoComparing Goldman Sachs BDC (GSBD) & Its Competitors - October 11 at 8:38 AM logoGoldman Sachs BDC, Inc. Schedules Earnings Release and Conference Call to Announce Third Quarter 2017 Results - October 10 at 11:18 PM logoSafeguard Scientifics (SFE) and Goldman Sachs BDC (GSBD) Head-To-Head Survey - October 6 at 2:08 AM logoGoldman Sachs BDC, Inc. (GSBD) Given Consensus Rating of "Hold" by Brokerages - October 4 at 4:52 AM logoGoldman Sachs BDC Reaches Analyst Target Price - September 28 at 11:46 AM logoGoldman Sachs BDC, Inc. (GSBD) Ex-Dividend Date Scheduled for September 28, 2017 - Nasdaq - September 27 at 10:16 PM logoHead to Head Review: Goldman Sachs BDC (GSBD) versus Garrison Capital (GARS) - September 26 at 8:42 PM logoNorthern Trust Corporation (NTRS) and Goldman Sachs BDC (GSBD) Critical Analysis - September 26 at 2:10 PM logoLegg Mason (LM) and Goldman Sachs BDC (GSBD) Head to Head Contrast - September 19 at 4:36 AM logoGoldman Sachs BDC (GSBD) and Legg Mason (LM) Financial Comparison - September 18 at 12:54 PM logoWhy Not Buy This Top-Shelf 8.4% Yielding BDC For Your Income Portfolio? - September 15 at 7:55 PM logo$33.21 Million in Sales Expected for Goldman Sachs BDC, Inc. (GSBD) This Quarter - September 15 at 6:00 AM logoGoldman Sachs BDC, Inc. (GSBD) Receives Average Recommendation of "Hold" from Analysts - September 9 at 4:30 AM logoGoldman Sachs BDC, Inc. (GSBD) Expected to Announce Quarterly Sales of $33.21 Million - August 27 at 1:38 AM logoGoldman Sachs BDC, Inc. (NYSE:GSBD) Given Average Recommendation of "Hold" by Analysts - August 15 at 4:32 AM logoGoldman Sachs BDC, Inc. (NYSE:GSBD) Rating Increased to B- at TheStreet - August 11 at 3:24 PM logoCritical Review: Goldman Sachs BDC (GSBD) vs. American Capital (ACAS) - August 8 at 12:28 PM logoContrasting Goldman Sachs BDC (GSBD) & BlackRock (BLK) - August 7 at 12:10 AM logoGoldman Sachs BDC's (GSBD) CEO Brendan McGovern on Q2 2017 Results - Earnings Call Transcript - August 5 at 12:30 AM logoEdited Transcript of GSBD earnings conference call or presentation 4-Aug-17 2:00pm GMT - August 5 at 12:30 AM logoGoldman Sachs BDC, Inc. (GSBD) Announces Quarterly Earnings Results, Beats Expectations By $0.15 EPS - August 4 at 7:30 PM logoGoldman Sachs BDC, Inc. (NYSE:GSBD) Plans Quarterly Dividend of $0.45 - August 4 at 6:22 PM logoGoldman Sachs BDC beats Street 2Q forecasts - August 4 at 5:16 AM logoGoldman Sachs BDC, Inc. Reports Second Quarter 2017 Financial Results and Announces Quarterly Dividend of $0.45 ... - Business Wire (press release) - August 3 at 7:12 PM logoGoldman Sachs BDC, Inc. Reports Second Quarter 2017 Financial Results and Announces Quarterly Dividend of $0.45 Per Share - August 3 at 7:12 PM logoGoldman Sachs BDC, Inc. (GSBD) Receives Consensus Recommendation of "Hold" from Analysts - July 21 at 9:26 AM logo$33.36 Million in Sales Expected for Goldman Sachs BDC, Inc. (GSBD) This Quarter - July 20 at 1:19 PM logoGoldman Sachs BDC, Inc. Schedules Earnings Release and Conference Call to Announce Second Quarter 2017 Results - July 7 at 5:49 AM logoHead to Head Comparison: Oaktree Capital Group (OAK) & Goldman Sachs BDC (GSBD) - July 5 at 8:54 AM logoHead-To-Head Review: Goldman Sachs BDC (GSBD) vs. Fortress Investment Group (FIG) - July 1 at 4:04 PM logoDoor Opens For BDC IPOs After 2 Year Drought; Middle Market To Grow More Crowded - June 30 at 7:27 PM logoGoldman Sachs BDC, Inc. (GSBD) Ex-Dividend Date Scheduled for ... - Nasdaq - June 28 at 3:45 AM logoGoldman Sachs BDC Incorporated Enters Oversold Territory - June 1 at 6:21 PM logoRaymond James Upgrades Goldman Sachs BDC, Inc. (GSBD) to Outperform - May 27 at 4:18 AM logoGoldman Sachs BDC's (GSBD) CEO Brendan McGovern on Q1 2017 Results - Earnings Call Transcript - May 6 at 2:09 AM logoGoldman Sachs BDC meets 1Q profit forecasts - May 4 at 6:14 PM logoWest Family Investments, Inc. Buys Energy Transfer Partners LP, Neovasc Inc, CF Industries ... - May 4 at 12:02 PM logoThis High-Quality BDC Yields 7% And Has More Upside - April 10 at 11:18 AM logoGoldman Sachs BDC, Inc. (GSBD) Ex-Dividend Date Scheduled for March 29, 2017 - Nasdaq - March 29 at 10:56 AM logoGoldman Sachs BDC's (GSBD) CEO Brendan McGovern on Q4 2016 Results - Earnings Call Transcript - March 1 at 5:12 PM logo5:26 pm Goldman Sachs BDC misses by $0.01 - March 1 at 12:09 PM logoGOLDMAN SACHS BDC, INC. Files SEC form 8-K, Results of Operations and Financial Condition - March 1 at 12:09 PM logoQ4 2016 Goldman Sachs BDC Inc Earnings Release - After Market Close - February 28 at 9:00 AM logoGoldman's new London office set for occupancy in 2019 - February 27 at 6:59 PM logoAnother Goldman Sachs veteran may join the Trump White House, report says - February 13 at 11:42 AM logoWarren Urges Cohn to Shun ‘Indirect’ Impact on Goldman Sachs - February 3 at 6:04 PM logoGoldman adds 50 points to Dow amid deregulation talk - February 3 at 6:04 PM logoGoldman Sachs CEO Lloyd Blankfein Opposes Trump Travel Ban - January 30 at 11:38 AM logoNigeria asks Goldman, Stanbic to help sell debut "diaspora bond" - January 30 at 11:38 AM



Goldman Sachs BDC (GSBD) Chart for Thursday, October, 19, 2017

This page was last updated on 10/19/2017 by Staff

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