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GSBD Overview

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$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

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High
9.590
Open
9.460
VWAP
9.37
Vol
2.84M
Mkt Cap
1.04B
Low
9.230
Amount
26.59M
EV/EBITDA(TTM)
15.50
Total Shares
112.57M
EV
2.90B
EV/OCF(TTM)
14.36
P/S(TTM)
4.01
Goldman Sachs BDC, Inc. is a specialty finance company focused on lending to middle-market companies. The Company seeks to generate current income and, to a lesser extent, capital appreciation primarily through direct originations of secured debt, including first lien, first lien/last-out unitranche and second lien debt, and unsecured debt, including mezzanine debt, as well as through select equity investments. It may also originate covenant-lite loans, which are loans with fewer financial maintenance covenants than other obligations, or no financial maintenance covenants. In addition to investments in United States middle-market companies, it may invest a portion of its capital in opportunistic investments, such as in large United States companies, foreign companies, stressed or distressed debt, structured products or private equity. It invests in various sectors, including automobiles, chemicals and financial services. Its investment advisor is Goldman Sachs Asset Management, L.P.
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Events Timeline

(ET)
2025-12-25
08:10:00
Goldman Sachs BDC Sees Share Value Slide for Seven Straight Quarters
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News

NASDAQ.COM
8.5
05-09NASDAQ.COM
PinnedPrivate Management Group Acquires GSBD Stake
  • New Investment Position: Private Management Group established a new position in Goldman Sachs BDC (NYSE:GSBD) by acquiring 5,003,354 shares in Q1 2026, with an estimated trade value of $46.19 million, indicating confidence in the company's future prospects.
  • Asset Management Impact: This transaction resulted in a 1.3% change in Private Management Group's reported 13F assets under management, with the GSBD position valued at $44.43 million as of March 31, reflecting the impact of market fluctuations on the investment portfolio.
  • Earnings Pressure Warning: Despite GSBD's portfolio being heavily weighted towards senior secured loans, Fitch has warned that BDCs face persistent earnings pressure and asset quality risks, which could affect future investment returns and investor sentiment.
  • Dividend Maintenance: GSBD has maintained its quarterly base dividend at $0.32 despite the challenging market environment, demonstrating management's confidence in the company's cash flow, which may attract long-term investors looking for yield in a volatile market.
Fool
8.5
05-09Fool
Private Management Group Acquires Goldman Sachs BDC Shares
  • New Investment Position: Private Management Group initiated a new position in Goldman Sachs BDC by acquiring 5,003,354 shares for approximately $46.19 million in the first quarter of 2026, representing 1.3% of their reported 13F assets, indicating confidence in the company.
  • Stock Performance Analysis: As of May 7, Goldman Sachs BDC shares were priced at $9.28, reflecting a 13% decline over the past year, significantly underperforming the S&P 500's 30% gain during the same period, highlighting market concerns about its future performance.
  • Financial Health Status: The latest earnings report revealed a 3.7% sequential drop in net asset value per share to $12.17, with net investment income decreasing from $0.37 to $0.22 per share, indicating pressures on profitability and asset quality risks.
  • Investor Outlook: Despite rising credit risk challenges, management maintained a quarterly base dividend of $0.32 per share, prompting long-term investors to assess whether the high yield sufficiently compensates for potential credit risks.
seekingalpha
9.5
05-08seekingalpha
Goldman Sachs BDC Q1 2026 Earnings Call Insights
  • Portfolio Transition: Goldman Sachs BDC reported that 58% of its portfolio is now in post-integration assets, while 42% remains in legacy positions, which accounted for 72% of losses this quarter, highlighting the credit risks faced during the transition.
  • Decline in Earnings Per Share: The net investment income per share for the quarter was $0.22, down approximately 3.7% from the previous quarter, primarily due to an increase in unrealized losses, reflecting pressure on the company's profitability.
  • Dividend Maintenance and Buyback Plan: The Board declared a second quarter 2026 base dividend of $0.32 per share and authorized a new stock repurchase program of up to $75 million, aimed at enhancing shareholder returns despite net investment income falling short of dividend levels.
  • Deteriorating Credit Quality: Nonaccruals rose to approximately 4.7% of the portfolio in the first quarter, up from 2.8% in the prior quarter, indicating challenges in credit quality, with management emphasizing ongoing asset disposals and recovery efforts.
seekingalpha
9.5
05-08seekingalpha
Goldman Sachs BDC Reports 3.7% Decline in NAV
  • NAV Decline: Goldman Sachs BDC reported a 3.7% decline in net asset value (NAV) per share to $12.17 as of March 31, 2026, down from $12.61 on December 31, 2025, and below the Visible Alpha consensus of $12.60, indicating significant asset quality pressures.
  • Decreased Investment Income: The adjusted net investment income per share for Q1 was $0.22, a notable drop from $0.37 in Q4 2025 and $0.41 in Q1 last year, reflecting ongoing deterioration in profitability that may impact future dividend policies.
  • Rising Non-Accrual Investments: Non-accrual investments increased to 2.7% of the total investment portfolio in Q1, up from 2.3% in Q4, highlighting greater challenges in asset management that could lead to further losses.
  • Negative Market Reaction: Following the release of these financial results, Goldman Sachs BDC's stock dropped 6.7% in midday trading on Friday, reflecting investor concerns about the company's future performance, which may affect its financing capabilities and market confidence.
Newsfilter
9.5
05-08Newsfilter
Goldman Sachs Private Credit Fund Reports Q1 NAV Decline
  • NAV Decline: Goldman Sachs BDC reported a net asset value per share of $12.17 at the end of March, reflecting a 3.7% decline from the previous quarter due to increased unrealized losses and markdowns, which may impact investor confidence.
  • Rising Non-Accrual Rate: The fund's non-accrual rate increased to 4.7%, up from 2.8% in the prior quarter, primarily driven by legacy loans underwritten before March 2022, indicating financial distress among certain borrowers.
  • New Investment Commitments: Goldman Sachs BDC made new commitments of approximately $46.5 million across 17 companies in Q1, including six new borrowers, demonstrating an active search for investment opportunities despite current challenges.
  • Shareholder Return Initiatives: The fund declared a dividend of 32 cents per share and announced a new $75 million stock buyback program, aimed at enhancing shareholder value and boosting market confidence.
seekingalpha
9.5
05-08seekingalpha
Goldman Sachs BDC Reports Disappointing Q1 Results
  • Non-GAAP NII Decline: Goldman Sachs BDC reported a Q1 non-GAAP net investment income of $0.22, missing expectations by $0.08, indicating challenges in revenue generation that could undermine shareholder confidence moving forward.
  • Investment Income Drop: Total investment income fell to $78.8 million, down 18.7% year-over-year and missing estimates by $4.98 million, reflecting a deteriorating market environment that raises concerns about the company's profitability.
  • NAV Decrease: As of March 31, 2026, the net asset value (NAV) per share decreased by 3.7% to $12.17 from $12.64, suggesting a decline in asset value that may impact the company's financing capabilities and market perception.
  • Dividend Declaration: The Board declared a second-quarter 2026 base dividend of $0.32 per share, which, while indicating some cash flow stability, may face pressure on future dividend policies due to ongoing performance declines.
Wall Street analysts forecast GSBD stock price to rise
4 Analyst Rating
Wall Street analysts forecast GSBD stock price to rise
0 Buy
3 Hold
1 Sell
Hold
Current: 0.000
sliders
Low
9.00
Averages
10.06
High
11.00
Current: 0.000
sliders
Low
9.00
Averages
10.06
High
11.00
BofA
Neutral
downgrade
$9
AI Analysis
2026-03-09
Reason
BofA
Price Target
$9
AI Analysis
2026-03-09
downgrade
Neutral
Reason
BofA lowered the firm's price target on Goldman Sachs BDC to $9 from $9.75 and keeps a Neutral rating on the shares. The firm is adjusting forecasts for several business development companies following quarterly reports from the group.
Truist
Hold
downgrade
$11 -> $10
2026-03-04
Reason
Truist
Price Target
$11 -> $10
2026-03-04
downgrade
Hold
Reason
Truist lowered the firm's price target on Goldman Sachs BDC to $10 from $11 and keeps a Hold rating on the shares as part of a broader research on BDCs - business development companies - with updates on several models post earnings. The decrease in 2026 estimate primarily reflects higher assumed expenses, mitigated by higher interest income from modestly higher leverage, the analyst tells investors in a research note.
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Valuation Metrics

The current forward P/E ratio for Goldman Sachs BDC Inc (GSBD.N) is 10.78, compared to its 5-year average forward P/E of 7.59. For a more detailed relative valuation and DCF analysis to assess Goldman Sachs BDC Inc's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PE
7.59
Current PE
10.78
Overvalued PE
9.47
Undervalued PE
5.72

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average EV/EBITDA
2.36
Current EV/EBITDA
9.47
Overvalued EV/EBITDA
11.92
Undervalued EV/EBITDA
-7.19

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
3.93
Current PS
3.58
Overvalued PS
4.93
Undervalued PS
2.93

Financials

AI Analysis
Annual
Quarterly

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Whales Holding GSBD

G
Generali Asset Management SGR SpA
Holding
GSBD
+7.25%
3M Return

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Frequently Asked Questions

What is Goldman Sachs BDC Inc (GSBD) stock price today?

The current price of GSBD is 9.28 USD — it has decreased -6.64

What is Goldman Sachs BDC Inc (GSBD)'s business?

Goldman Sachs BDC, Inc. is a specialty finance company focused on lending to middle-market companies. The Company seeks to generate current income and, to a lesser extent, capital appreciation primarily through direct originations of secured debt, including first lien, first lien/last-out unitranche and second lien debt, and unsecured debt, including mezzanine debt, as well as through select equity investments. It may also originate covenant-lite loans, which are loans with fewer financial maintenance covenants than other obligations, or no financial maintenance covenants. In addition to investments in United States middle-market companies, it may invest a portion of its capital in opportunistic investments, such as in large United States companies, foreign companies, stressed or distressed debt, structured products or private equity. It invests in various sectors, including automobiles, chemicals and financial services. Its investment advisor is Goldman Sachs Asset Management, L.P.

What is the price predicton of GSBD Stock?

Wall Street analysts forecast GSBD stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for GSBD is10.06 USD with a low forecast of 9.00 USD and a high forecast of 11.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Goldman Sachs BDC Inc (GSBD)'s revenue for the last quarter?

Goldman Sachs BDC Inc revenue for the last quarter amounts to 40.40M USD, decreased -48.84

What is Goldman Sachs BDC Inc (GSBD)'s earnings per share (EPS) for the last quarter?

Goldman Sachs BDC Inc. EPS for the last quarter amounts to -0.12 USD, decreased -144.44

How many employees does Goldman Sachs BDC Inc (GSBD). have?

Goldman Sachs BDC Inc (GSBD) has 0 emplpoyees as of May 11 2026.

What is Goldman Sachs BDC Inc (GSBD) market cap?

Today GSBD has the market capitalization of 1.04B USD.