Goldman Sachs BDC
GSBD
Market cap $1.36B

11.42 USD

-0.14

1.21%

At close Jun 13, 4:00 PM EDT

After hours

11.50

+0.08

0.70%

1 day

-1.21%

5 days

-0.78%

1 month

1.24%

3 months

-3.22%

6 months

-11.27%

Year to date

-6.32%

1 year

-24.92%

5 years

-32.10%

10 years

-49.29%

About: Goldman Sachs BDC Inc is a non-diversified, closed-end management investment company that elected to be regulated as a business development company focused on lending to middle-market companies. The investment objective is to generate current income and, to a lesser extent, capital appreciation primarily through direct originations of secured debt, including the first lien, unitranche and second lien debt, and unsecured debt. It invests primarily in U.S. middle-market companies such as banks and the public debt markets. The company focuses on the negotiation and structuring of the loans or securities in which it invests and holding the investments in its portfolio to maturity. It generates majority revenue in the form of interest income and dividend income.

Financials Asset Management

0

Funds holding %

of 7,296 funds

–

Analysts bullish %

Fund manager confidence

Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)

41% more repeat investments, than reductions

Existing positions increased: 86 | Existing positions reduced: 61

1.67% more ownership

Funds ownership: 28.22% [Q4 2024] → 29.89% (+1.67%) [Q1 2025]

1% more capital invested

Capital invested by funds: $402M [Q4 2024] → $408M (+$5.84M) [Q1 2025]

4% less funds holding

Funds holding: 234 [Q4 2024] → 224 (-10) [Q1 2025]

17% less first-time investments, than exits

New positions opened: 24 | Existing positions closed: 29

33% less funds holding in top 10

Funds holding in top 10: 3 [Q4 2024] → 2 (-1) [Q1 2025]

90% less call options, than puts

Call options by funds: $402K | Put options by funds: $3.95M

See Fund Rankings

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

Low target

$10

12%

downside

Avg. target

$10

12%

downside

High target

$10

12%

downside

1 analyst rating

0 positive

0%

0 neutral

0%

1 negative

100%

Wells Fargo

Finian O'Shea

12%downside

$10

Underweight

Maintained

28 Apr 2025

See Analyst Rankings

Financial journalist opinion

Based on 3 articles about GSBD published over the past 30 days

Goldman Sachs BDC: Excessive NAV Discount

Goldman Sachs BDC delivered weaker-than-expected Q1'25 net investment income amid a shrinking portfolio and persistent non-accrual issues. The BDC's non-accrual percentage improved to 1.9% Q/Q and Q1'25 was the third consecutive quarter of improving balance sheet quality. Goldman Sachs BDC has changed its dividend setup, however, and has more payment flexibility going forward.

Goldman Sachs BDC: Excessive NAV Discount

What Does Wall Street Hate About These Massive Dividends?

Wall Street analysts have “Buy” ratings on 388 stocks in the S&P 500. That's over 76% of the index!

What Does Wall Street Hate About These Massive Dividends?

Goldman Sachs BDC: Widely Underrated

Goldman Sachs BDC remains a Buy for passive income investors, offering a high NII yield and trading at a significant discount to NAV. Despite not fully covering its dividend in Q1'25 and a rising non-accrual ratio, I see the dividend as sustainable due to the revised payout structure. The BDC's income metrics are under pressure from higher repayments, lower originations, and credit quality issues, but peer comparisons remain favorable.

Goldman Sachs BDC: Widely Underrated

Goldman Sachs BDC (GSBD) Q1 2025 Earnings Call Transcript

Goldman Sachs BDC. (NYSE:GSBD ) Q1 2025 Earnings Conference Call May 9, 2025 8:30 AM ET Company Participants Austin Neri - IR Alex Chi - Co-CEO & Co-President David Miller - Co-CEO & Co-President Tucker Greene - COO Stanley Matuszewski - CFO & Treasurer Conference Call Participants Derek Hewett - Bank of America Operator Good morning.

Goldman Sachs BDC (GSBD) Q1 2025 Earnings Call Transcript

Zacks Investment Research

Goldman Sachs BDC (GSBD) Misses Q1 Earnings and Revenue Estimates

Goldman Sachs BDC (GSBD) came out with quarterly earnings of $0.41 per share, missing the Zacks Consensus Estimate of $0.43 per share. This compares to earnings of $0.54 per share a year ago.

Goldman Sachs BDC (GSBD) Misses Q1 Earnings and Revenue Estimates

Goldman Sachs BDC, Inc. Reports March 31, 2025 Financial Results and Announces Second Quarterly Base Dividend of $0.32 Per Share, Special Dividend of $0.16 Per Share and First Quarter Supplemental Dividend of $0.05 Per Share

NEW YORK--(BUSINESS WIRE)--Goldman Sachs BDC, Inc. (“GSBD”, the “Company”, “we”, “us”, or “our”) (NYSE: GSBD) today reported financial results for the first quarter ended March 31, 2025 and filed its Form 10-Q with the U.S. Securities and Exchange Commission. QUARTERLY HIGHLIGHTS Net investment income per share for the quarter ended March 31, 2025 was $0.42. Excluding purchase discount amortization per share of $0.01 from the Merger (as defined below), adjusted net investment income per share w.

Goldman Sachs BDC, Inc. Reports March 31, 2025 Financial Results and Announces Second Quarterly Base Dividend of $0.32 Per Share, Special Dividend of $0.16 Per Share and First Quarter Supplemental Dividend of $0.05 Per Share

All That Glitters Is Not Gold, 2 BDCs To Avoid Before They Cut Again

The BDC land consists of a small number of players, most of which have tiny market cap levels. Even though the asset class is relatively shallow and niche-like, we can still find some strong brand names operating here. Theoretically, this should provide an advantage in terms of accessing sizeable and high-quality private credit investments.

All That Glitters Is Not Gold, 2 BDCs To Avoid Before They Cut Again

Trying To Catch The BDC Bottom With A Pair Trade (Part 4): Goldman Sachs BDC Vs. Oxford Square Capital

BDCs have fallen significantly, presenting a buying opportunity, but caution is advised; hence, we compare GSBD and OXSQ for a pair trade strategy. GSBD trades at an 18.87% discount with a negative three-year z-score of 2.69, while OXSQ trades at a 20% premium with a positive three-year z-score of 0.85. The significant premium/discount spread between GSBD and OXSQ offers a hedging opportunity, suggesting a long position in GSBD and a hedge with OXSQ.

Trying To Catch The BDC Bottom With A Pair Trade (Part 4): Goldman Sachs BDC Vs. Oxford Square Capital

Investors turn to emerging market debt after Trump tariffs hit U.S. Treasurys

Emerging market local currency bonds are seeing increasing fund flows as U.S. Treasurys' long-held reputation as a safe haven "This is an effort by investors to diversify away from the U.S. market, particularly local investors," said Mark Mobius, chairman of Mobius Emerging Opportunities Fund.

Investors turn to emerging market debt after Trump tariffs hit U.S. Treasurys

Goldman Sachs BDC, Inc. Schedules Earnings Release and Conference Call to Announce First Quarter 2025 Results

NEW YORK--(BUSINESS WIRE)--Goldman Sachs BDC, Inc. (“GS BDC”) (NYSE: GSBD) announced today that it will report its first quarter ended March 31, 2025 financial results after the market closes on Thursday, May 8, 2025. GS BDC will also host an earnings conference call on Friday, May 9, 2025 at 9:00 am Eastern Time to discuss its financial results. All interested parties are invited to participate via telephone or the audio webcast, which will be hosted on the Investor Resources section of GS BDC.

Goldman Sachs BDC, Inc. Schedules Earnings Release and Conference Call to Announce First Quarter 2025 Results

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