Goldman Sachs BDC (GSBD) Stock Price, News & Analysis

Company Overview

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. The fund primarily invests in United States. It seeks to invest between $10 million and $75 million in companies with EBITDA between $5 million and $75 million annually.

Key Stats

• Today's Range: $12.78 to $12.89
• 50-Day Range: $12.71 to $14.44
• 52-Week Range: $12.67 to $15.94
• Volume: 130,086 shs
• Average Volume: 635,018 shs
• Market Capitalization: $1.51 billion
• P/E Ratio: 18.36
• Dividend Yield: 14.01%
• Price Target: $13.00
• Consensus Rating: Hold

Goldman Sachs BDC Stock Analysis - MarketRank™

Goldman Sachs BDC scored higher than 42% of companies evaluated by MarketBeat, and ranked 707th out of 930 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.0 / 5
• Analyst Rating: Hold

Consensus Rating

Goldman Sachs BDC has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 2 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Goldman Sachs BDC has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: -15.60%

Earnings Growth

Earnings for Goldman Sachs BDC are expected to decrease by -15.60% in the coming year, from $2.18 to $1.84 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Goldman Sachs BDC is 18.36, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 125.26.

Price to Earnings Ratio vs. Sector

The P/E ratio of Goldman Sachs BDC is 18.36, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 46.18.

Price to Book Value per Share Ratio

Goldman Sachs BDC has a P/B Ratio of 0.95. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.29% of the outstanding shares of Goldman Sachs BDC have been sold short.

Short Interest Ratio / Days to Cover

Goldman Sachs BDC has a short interest ratio ("days to cover") of 2.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Goldman Sachs BDC has recently decreased by 5.62%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Goldman Sachs BDC is a leading dividend payer. It pays a dividend yield of 14.01%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Goldman Sachs BDC does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Goldman Sachs BDC is 257.15%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on EPS estimates, Goldman Sachs BDC will have a dividend payout ratio of 97.83% in the coming year. This indicates that Goldman Sachs BDC may not be able to sustain their current dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

1.29% of the outstanding shares of Goldman Sachs BDC have been sold short.

Short Interest Ratio / Days to Cover

Goldman Sachs BDC has a short interest ratio ("days to cover") of 2.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Goldman Sachs BDC has recently decreased by 5.62%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 3.3 / 5
• News Sentiment: 0.98

News Sentiment

Goldman Sachs BDC has a news sentiment score of 0.98. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.76 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for Goldman Sachs BDC this week, compared to 4 articles on an average week.

Search Interest

16 people have searched for GSBD on MarketBeat in the last 30 days. This is an increase of 78% compared to the previous 30 days.

MarketBeat Follows

12 people have added Goldman Sachs BDC to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Goldman Sachs BDC insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 0.13% of the stock of Goldman Sachs BDC is held by insiders.

Percentage Held by Institutions

Only 28.72% of the stock of Goldman Sachs BDC is held by institutions.

GSBD Stock Analysis - Frequently Asked Questions

How have GSBD shares performed this year?

Goldman Sachs BDC's stock was trading at $14.65 at the start of the year. Since then, GSBD shares have decreased by 12.3% and is now trading at $12.85.
View the best growth stocks for 2024 here.

How were Goldman Sachs BDC's earnings last quarter?

Goldman Sachs BDC, Inc. (NYSE:GSBD) released its quarterly earnings results on Thursday, November, 7th. The financial services provider reported $0.58 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.56 by $0.02. The financial services provider had revenue of $110.41 million for the quarter, compared to the consensus estimate of $112.43 million. Goldman Sachs BDC had a net margin of 17.01% and a trailing twelve-month return on equity of 15.72%.

Does Goldman Sachs BDC have any subsidiaries?

The following companies are subsidiaries of Goldman Sachs BDC: GreenSky, NN Investment Partners, Goldman Sachs Gao Hua Securities, General Motors - Credit Card Business, Folio Institutional, Capital Vision Services, United Capital, and others.

When did Goldman Sachs BDC IPO?

Goldman Sachs BDC (GSBD) raised $123 million in an IPO on Wednesday, March 18th 2015. The company issued 6,000,000 shares at a price of $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?

Top institutional investors of Goldman Sachs BDC include Van ECK Associates Corp (2.32%), Raymond James & Associates (0.53%), Creative Planning (0.40%) and Pursue Wealth Partners LLC (0.39%).
View institutional ownership trends.

How do I buy shares of Goldman Sachs BDC?

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

What other stocks do shareholders of Goldman Sachs BDC own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Goldman Sachs BDC investors own include AT&T (T), Verizon Communications (VZ), Energy Transfer (ET), Meta Platforms (META), JPMorgan Chase & Co. (JPM), Exxon Mobil (XOM) and Chevron (CVX).

Company Calendar

• Ex-Dividend for 10/28 Dividend: 9/30/2024
• Dividend Payable: 10/28/2024
• Last Earnings: 11/07/2024
• Today: 11/21/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/26/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: Investment offices, not elsewhere classified
• Sub-Industry: N/A
• Current Symbol: NYSE:GSBD
• CUSIP: N/A
• CIK: 1572694
• Web: www.goldmansachsbdc.com
• Phone: (212) 902-0300
• Fax: 212-357-5281
• Employees: N/A
• Year Founded: 1869

Price Target and Rating

• Average Stock Price Target: $13.00
• High Stock Price Target: $14.00
• Low Stock Price Target: $12.00
• Potential Upside/Downside: +1.1%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 2 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.70
• Trailing P/E Ratio: 18.37
• Forward P/E Ratio: 5.90
• P/E Growth: N/A
• Net Income: $195.87 million
• Net Margins: 17.01%
• Pretax Margin: 17.01%
• Return on Equity: 15.72%
• Return on Assets: 7.08%

Debt

• Debt-to-Equity Ratio: 1.19
• Current Ratio: 1.26
• Quick Ratio: 1.26

Sales & Book Value

• Annual Sales: $454.91 million
• Price / Sales: 3.32
• Cash Flow: $2.27 per share
• Price / Cash Flow: 5.66
• Book Value: $14.62 per share
• Price / Book: 0.88

Miscellaneous

• Outstanding Shares: 117,300,000
• Free Float: 117,145,000
• Market Cap: $1.51 billion
• Optionable: Optionable
• Beta: 1.07