Goldman Sachs BDC

GSBD

Market cap $1.13B

Goldmans Sachs has agreed to buy Innovator Capital Management, a provider of defined-outcome ETFs, for about $2 billion. Innovator had $28 billion of assets under supervision across 159 ETFs as of Sept.

Goldman Sachs BDC offers a high-yield and large discount, but deteriorating financials make the stock risky despite recent investment activity. GSBD's net investment income and NAV continue to decline year-over-year, underperforming peers like ARCC and HTGC, signaling caution for value hunters. While the base dividend appears safe for now, ongoing rate cuts and economic headwinds could pressure future payouts and overall performance.

Of 35 November Dividend Power Dogs, 12 are recommended for "safer" dividends, with free-cash-flow-yields exceeding dividend-yields, and returns from $1,000 invested equaling-or-exceeding share-price, making them ideal buys. Analyst forecasts project average net gains of 36.78% for the top ten DiviPower stocks by November 2026, with strong upside potential in select financials. Caution is advised for stocks with negative free cash flow margins, as 18 of 35 are considered cash-poor and riskier for dividend sustainability.

Goldman Sachs supported its general counsel, Kathy Ruemmler, after her emails with sex offender Jeffrey Epstein from years ago were released by a congressional committee. In the emails, Epstein and Ruemmler discuss President Donald Trump, former President Bill Clinton, and Facebook founder Mark Zuckerberg.

GSBD continued to underperform the market (as I projected in my previous articles). Since GSBD's share price has declined even further, the discount and dividend yield have become very attractive. Given the base dividend coverage of 125% and NII per share growth in Q3, there could be a case made for opening a long position here.

Goldman Sachs BDC ( GSBD ) Q3 2025 Earnings Call November 7, 2025 9:00 AM EST Company Participants John Silas Vivek Bantwal - Global Head of Financing Group David Miller - Co-Chief Executive Officer Tucker Greene - President & COO Stanley Matuszewski - CFO & Treasurer Conference Call Participants Arren Cyganovich - Truist Securities, Inc., Research Division Presentation John Silas Good morning. This is John Silas, a member of the Investor Relations team for Goldman Sachs BDC, Inc. I would like to welcome everyone to the Goldman Sachs BDC, Inc. Third Quarter 2025 Earnings Conference Call.

Goldman Sachs BDC (GSBD) came out with quarterly earnings of $0.4 per share, beating the Zacks Consensus Estimate of $0.37 per share. This compares to earnings of $0.58 per share a year ago.

NEW YORK--(BUSINESS WIRE)--Goldman Sachs BDC, Inc. (“GSBD”, the “Company”, “we”, “us”, or “our”) (NYSE: GSBD) today reported financial results for the third quarter ended September 30, 2025 and filed its Form 10-Q with the U.S. Securities and Exchange Commission. QUARTERLY HIGHLIGHTS Net investment income and adjusted net investment income per share for the quarter ended September 30, 2025 was $0.40, equating to an annualized net investment income yield on book value of 12.5%.1 Earnings per sha.

Goldman Sachs and Morgan Stanley expect 10% to 20% correction in equity markets over the next 1-2 years. IMF, Fed Chair Powell and Bank of England Governor Bailey have warned of overvalued equities.

NEW YORK--(BUSINESS WIRE)--Goldman Sachs BDC, Inc. (“GS BDC”) (NYSE: GSBD) announced today that it will report its third quarter ended September 30, 2025 financial results after the market closes on Thursday, November 6, 2025. GS BDC will also host an earnings conference call on Friday, November 7, 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 sec.