Goldman Sachs BDC (GSBD) Stock Insights
GSBD$9.00+0.14 +1.58%
$1.01B
Market Cap
17.37
P/E
7.05
Forward P/E
—
Score
Goldman Sachs BDC (GSBD) Stock Insights
GSBD price $9.00 +0.14 +1.58%
- Ticker
- GSBD
- Price
- $9.00
- Change
- +0.14 +1.58%
- Market cap ?
- $1.01B
- P/E ?
- 17.37
- Forward P/E ?
- 7.05
- Dividend yield ?
- 11.51%
- Beta ?
- 0.68
- Sector
- Financial Services
- Industry
- Asset Management
Financials
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|
| 62099000 | 75733000 | 88336000 | 79601000 | 186489000 | 229080000 | 136104000 | 454914000 | 192428000 | 242452000 |
Goldman Sachs BDC, Inc. functions as a business development company (BDC) with a specific focus on extending capital to privately held, middle-market enterprises, including mezzanine-level investments. Its core objective is to generate capital appreciation, primarily achieved by directly originating various debt instruments. These include both secured debt (such as senior, junior, first lien, first lien/last-out…
Fair value
GSBD fair value $47.23. Price $9.00. Price is 81% below fair value.
Below fair value, and cheaper than usual. A larger discount than on 74% of days in the past 5 years.
Fair value is an estimate of what one share is worth if future cash flows arrive as modeled. It is not a forecast of the share price. How discounted cash flow works.
Calculated with a 10-year free-cash-flow discount. Average free cash flow, last three years 209.61M. Growth 20.00%. When analyst earnings forecasts are available, free cash flow in those years is forecast earnings times the company's usual conversion of earnings into free cash flow, kept between 60% and 130%. Years with fewer than 3 analyst estimates are left out. Growth then fades in a straight line to terminal growth by year 10, starting from the last well-covered year's growth, or from the pace across those years when the final year slows sharply, kept between 0% and 20%. Without those forecasts, year-1 growth is analyst revenue growth for the next full fiscal year, or 5-year historical revenue growth when that forecast is missing, held for five years, then fading in a straight line to terminal growth by year 10. Terminal growth 3.00%. Discount rate 8.70% (beta 0.8). Beta is kept between 0.8 and 2.0, which on its own would make the discount rate 8.7% to 15.3%. The rate is then capped at 12%. A cap is used because a discount above 12% pushes higher-beta stocks further from the price. The discount rate stays at least 5 percentage points above terminal growth. Shares 112.57M. Net debt 1.83B. The earnings value is next-12-months earnings per share, or trailing earnings when that forecast is missing, times the median P/E of the company's industry. That median uses listed stocks worth at least $10 billion with a positive P/E of 100 or below, and the industry needs at least eight of them. Otherwise the sector median is used when that group also has at least eight, then the market median of those large companies. The multiple used is the lower of that median and 1.25 times the stock's own 10-year median P/E, then kept between 8 and 30. If the stock has no 10-year median, the peer median is kept between 8 and 30. Fair value is the average of the cash-flow value and the earnings value when both exist. Card and credit companies use the earnings value only, because changes in customer receivables distort free cash flow. Model uncertainty is high when fair value is more than 60% from the price, or when most of the cash-flow value sits after year 10.
Model uncertainty high for this stock
Earnings
| Date | EPS actual | EPS estimate | Revenue | Revenue estimate |
|---|---|---|---|---|
| 2026-11-05 | — | 0.35 | — | 80.13M |
| 2026-08-06 | 0.37 | 0.31 | 83.72M | 78.89M |
| 2026-05-07 | 0.22 | 0.29 | 78.79M | 83.78M |
| 2026-02-26 | 0.37 | 0.36 | 86.07M | 86.85M |
| 2025-11-06 | 0.40 | 0.37 | 55.81M | 87.18M |
| 2025-08-07 | 0.38 | 0.40 | 9.75M | 93.14M |
| 2025-05-08 | 0.41 | 0.43 | 96.94M | 101.12M |
| 2025-02-27 | 0.47 | 0.50 | 69.82M | 105.32M |
| 2024-11-08 | 0.58 | 0.55 | 110.41M | 105.32M |
| 2024-08-08 | 0.57 | 0.52 | 75.94M | 112.91M |
| 2024-05-07 | 0.54 | 0.55 | 94.56M | 114.26M |
| 2024-02-28 | 0.55 | 0.56 | 87.99M | 104.14M |
| 2023-11-07 | 0.64 | 0.57 | 120.06M | 111.70M |
| 2023-08-03 | 0.58 | 0.55 | 68.83M | 104.83M |
| 2023-05-04 | 0.45 | 0.54 | 29.38M | 105.71M |
| 2023-02-23 | 0.65 | 0.51 | 8.07M | 99.24M |
| 2022-11-03 | 0.56 | 0.48 | -4.74M | 84.51M |
| 2022-08-04 | 0.49 | 0.50 | 17.43M | 84.99M |
| 2022-05-05 | 0.45 | 0.42 | 35.87M | 87.35M |
| 2022-02-24 | 0.48 | 0.48 | 33.93M | 91.26M |
| 2021-11-04 | 0.48 | 0.48 | 38.73M | 81.82M |
| 2021-08-05 | 0.48 | 0.50 | 47.03M | 80.82M |
| 2021-05-06 | 0.48 | 0.48 | 50.40M | 40.95M |
| 2021-02-25 | 0.48 | 0.46 | 142.27M | 60.88M |
| 2020-11-05 | 0.45 | 0.45 | 32.46M | 30.75M |
| 2020-08-10 | 0.45 | 0.45 | 34.51M | 31.28M |
| 2020-05-11 | 0.45 | 0.46 | 31.97M | 33.39M |
| 2020-02-20 | 0.48 | 0.48 | 10.64M | 34.73M |
| 2019-11-07 | 0.47 | 0.47 | 10.78M | 37.64M |
| 2019-08-01 | 0.47 | 0.47 | 18.09M | 38.40M |
| 2019-05-09 | 0.55 | 0.46 | 3.78M | 31.89M |
| 2019-02-28 | 0.56 | 0.50 | 1.13M | 32.12M |
| 2018-11-01 | 0.54 | 0.51 | 20.93M | 35.87M |
| 2018-08-02 | 0.50 | 0.47 | 19.55M | 35.01M |
| 2018-05-03 | 0.47 | 0.47 | 20.49M | 35.54M |
| 2018-02-22 | 0.47 | 0.47 | 14.25M | 34.16M |
| 2017-11-02 | 0.47 | 0.46 | 19.70M | 33.68M |
| 2017-08-03 | 0.64 | 0.49 | 6.08M | 27.58M |
| 2017-05-04 | 0.49 | 0.49 | 16.10M | 32.85M |
| 2017-02-28 | 0.50 | 0.51 | 6.76M | 31.10M |
Dividends
Yield 15.33%. Payout ratio 3.99%. Frequency Monthly.
Safety score 63/100 · Moderate. Payout ratio is 4% of earnings. Dividends use most of free cash flow. Dividends were paid in 12 separate years. Yield is 15.3%, which is unusually high.
| Ex-date | Dividend | Record | Payment | Frequency |
|---|---|---|---|---|
| 2026-09-30 | $0.32 | 2026-09-30 | 2026-10-28 | Monthly |
| 2026-08-31 | $0.03 | 2026-08-31 | 2026-09-15 | Irregular |
| 2026-06-30 | $0.32 | 2026-06-30 | 2026-07-28 | Quarterly |
| 2026-03-31 | $0.32 | 2026-03-31 | 2026-04-28 | Quarterly |
| 2026-03-09 | $0.03 | 2026-03-09 | 2026-03-20 | Special |
| 2025-12-31 | $0.32 | 2025-12-31 | 2026-01-27 | Annual |
| 2025-11-28 | $0.04 | 2025-11-28 | 2025-12-15 | Special |
| 2025-09-30 | $0.48 | 2025-09-30 | 2025-10-28 | Special |
| 2025-08-29 | $0.03 | 2025-08-29 | 2025-09-15 | Special |
| 2025-06-30 | $0.48 | 2025-06-30 | 2025-07-28 | Special |
| 2025-05-30 | $0.05 | 2025-05-30 | 2025-06-13 | Special |
| 2025-03-31 | $0.48 | 2025-03-31 | 2025-04-28 | Special |
| 2024-12-31 | $0.45 | 2024-12-31 | 2025-01-27 | Quarterly |
| 2024-09-30 | $0.45 | 2024-09-30 | 2024-10-28 | Quarterly |
| 2024-06-28 | $0.45 | 2024-06-28 | 2024-07-26 | Quarterly |
| 2024-03-27 | $0.45 | 2024-03-28 | 2024-04-26 | Quarterly |
| 2023-12-28 | $0.45 | 2023-12-29 | 2024-01-26 | Quarterly |
| 2023-09-28 | $0.45 | 2023-09-30 | 2023-10-27 | Quarterly |
| 2023-06-29 | $0.45 | 2023-06-30 | 2023-07-27 | Quarterly |
| 2023-03-30 | $0.45 | 2023-03-31 | 2023-04-27 | Quarterly |
| 2022-12-29 | $0.45 | 2022-12-30 | 2023-01-27 | Quarterly |
| 2022-09-29 | $0.45 | 2022-09-30 | 2022-10-27 | Quarterly |
| 2022-06-29 | $0.45 | 2022-06-30 | 2022-07-27 | Quarterly |
| 2022-03-30 | $0.45 | 2022-03-31 | 2022-04-27 | Quarterly |
| 2021-12-30 | $0.45 | 2021-12-31 | 2022-01-27 | Quarterly |
| 2021-09-29 | $0.45 | 2021-09-30 | 2021-10-27 | Quarterly |
| 2021-08-13 | $0.05 | 2021-08-16 | 2021-09-15 | Special |
| 2021-06-29 | $0.45 | 2021-06-30 | 2021-07-27 | Quarterly |
| 2021-05-13 | $0.05 | 2021-05-14 | 2021-06-15 | Special |
| 2021-03-30 | $0.45 | 2021-03-31 | 2021-04-27 | Quarterly |
| 2021-02-11 | $0.05 | 2021-02-15 | 2021-03-15 | Special |
| 2020-12-30 | $0.45 | 2020-12-31 | 2021-01-15 | Quarterly |
| 2020-09-29 | $0.45 | 2020-09-30 | 2020-10-15 | Quarterly |
| 2020-06-29 | $0.45 | 2020-06-30 | 2020-07-15 | Quarterly |
| 2020-03-30 | $0.45 | 2020-03-31 | 2020-04-15 | Quarterly |
| 2019-12-30 | $0.45 | 2019-12-31 | 2020-01-15 | Quarterly |
| 2019-09-27 | $0.45 | 2019-09-30 | 2019-10-15 | Quarterly |
| 2019-06-27 | $0.45 | 2019-06-28 | 2019-07-15 | Quarterly |
| 2019-03-28 | $0.45 | 2019-03-29 | 2019-04-15 | Quarterly |
| 2018-12-28 | $0.45 | 2018-12-31 | 2019-01-15 | Quarterly |
| 2018-09-27 | $0.45 | 2018-09-28 | 2018-10-15 | Quarterly |
| 2018-06-28 | $0.45 | 2018-06-29 | 2018-07-16 | Quarterly |
| 2018-03-28 | $0.45 | 2018-03-30 | 2018-04-16 | Quarterly |
| 2017-12-28 | $0.45 | 2017-12-29 | 2018-01-16 | Quarterly |
| 2017-09-28 | $0.45 | 2017-09-29 | 2017-10-16 | Quarterly |
| 2017-06-28 | $0.45 | 2017-06-30 | 2017-07-17 | Quarterly |
| 2017-03-29 | $0.45 | 2017-03-31 | 2017-04-17 | Quarterly |
| 2016-12-28 | $0.45 | 2016-12-31 | 2017-01-17 | Quarterly |
| 2016-09-28 | $0.45 | 2016-09-30 | 2016-10-17 | Quarterly |
| 2016-06-28 | $0.45 | 2016-06-30 | 2016-07-15 | Quarterly |
| 2016-03-29 | $0.45 | 2016-03-31 | 2016-04-15 | Quarterly |
| 2015-12-29 | $0.45 | 2015-12-31 | 2016-01-28 | Quarterly |
| 2015-09-28 | $0.45 | 2015-09-30 | 2015-10-15 | Quarterly |
| 2015-06-26 | $0.45 | 2015-06-30 | 2015-07-15 | Quarterly |
| 2015-03-27 | $0.45 | 2015-03-31 | 2015-04-30 | Quarterly |
Insider trades
| Date | Insider | Action | Shares | Price | Value |
|---|---|---|---|---|---|
| 2026-06-10 | Leach Timothy J | Buy | 11.07K | $9.04 | 100.12K |
| 2026-06-10 | Leach Timothy J | Buy | 2.00K | $9.04 | 18.12K |
| 2026-04-02 | Evans Carlos E | Buy | 50.00K | $9.02 | 451.04K |
| 2026-03-31 | MCGEE SUSAN B | Other | 0 | — | — |
| 2025-12-31 | Kari Ross Jay | Other | 0 | — | — |
| 2025-11-12 | Greene Tucker | Buy | 10.50K | $9.86 | 103.53K |
| 2025-09-12 | Bantwal Vivek | Buy | 22.00K | $11.36 | 250.01K |
| 2025-08-07 | Chi Alex | Other | 0 | — | — |
| 2025-08-07 | Bantwal Vivek | Other | 0 | — | — |
| 2025-02-26 | Carter Matthew Ryan | Other | 0 | — | — |
| 2024-11-22 | Lanza John | Sell | 1.25K | $12.85 | 16.06K |
| 2023-11-10 | Matuszewski Stanley | Sell | 0 | — | — |
| 2023-11-10 | Pessah David | Other | 0 | — | — |
| 2023-11-10 | Lanza John | Sell | 0 | — | — |
| 2023-06-01 | Skirnick Gabriella | Other | 0 | — | — |
| 2023-05-08 | Miller David | Buy | 20.00K | $13.16 | 263.12K |
| 2022-08-10 | Rossetti Carmine | Other | 0 | — | — |
| 2022-08-03 | Greene Tucker | Sell | 0 | — | — |
| 2022-08-03 | Betzen Justin | Sell | 0 | — | — |
| 2022-08-03 | Yang Jennifer | Sell | 0 | — | — |
| 2022-08-03 | Watts Greg | Sell | 0 | — | — |
| 2022-07-08 | Yu, David | Other | 0 | — | — |
| 2022-06-22 | Mastropaolo Michael | Other | 0 | — | — |
| 2022-06-17 | Walter Jordan | Other | 0 | — | — |
| 2022-03-07 | Miller David | Sell | 0 | — | — |
| 2022-03-07 | Skirnick Gabriella | Sell | 0 | — | — |
| 2022-03-07 | Chi Alex | Sell | 0 | — | — |
| 2022-03-07 | McGovern, Brendan | Other | 0 | — | — |
| 2022-03-07 | Yoder, Jon | Other | 0 | — | — |
| 2021-12-31 | Lane Ann B | Other | 0 | — | — |
| 2021-11-08 | Rossetti Carmine | Sell | 0 | — | — |
| 2021-03-11 | MCGEE SUSAN B | Buy | 8.00K | $19.27 | 154.15K |
| 2021-03-10 | Lane Ann B | Buy | 10.00K | $19.15 | 191.52K |
| 2021-03-10 | MCGEE SUSAN B | Buy | 13.79K | $19.19 | 264.63K |
| 2021-03-02 | Lamm, Jonathan | Sell | 2.50K | $19.01 | 47.53K |
| 2021-03-01 | DiMaria Joseph F | Sell | 0 | — | — |
| 2020-12-01 | Evans Carlos E | Buy | 2.67K | $18.71 | 49.88K |
| 2020-10-12 | Yu, David | Buy | 1.47K | — | — |
| 2020-10-12 | Uniacke Katherine | Buy | 5.89K | — | — |
| 2020-10-12 | McGovern, Brendan | Buy | 5.89K | — | — |
| 2020-10-12 | Lamm, Jonathan | Buy | 2.94K | — | — |
| 2020-10-12 | Leach Timothy J | Buy | 17.67K | — | — |
| 2020-10-12 | MARK RICHARD A | Buy | 17.67K | — | — |
| 2020-10-12 | Evans Carlos E | Buy | 11.78K | — | — |
| 2020-10-12 | MARK RICHARD A | Sell | 0 | — | — |
| 2020-10-12 | Leach Timothy J | Sell | 0 | — | — |
| 2020-10-12 | Evans Carlos E | Sell | 0 | — | — |
| 2020-03-27 | Walter Jordan | Buy | 2.85K | $13.75 | 39.11K |
| 2020-03-26 | Lamm, Jonathan | Buy | 1.00K | $13.40 | 13.40K |
| 2020-03-24 | McGovern, Brendan | Buy | 5.00K | $11.25 | 56.25K |
| 2020-03-24 | Walter Jordan | Buy | 1.73K | $11.32 | 19.61K |
| 2020-03-23 | Lamm, Jonathan | Buy | 3.50K | $10.08 | 35.29K |
| 2020-03-23 | Mastropaolo Michael | Buy | 1.89K | $10.12 | 19.13K |
| 2020-03-20 | Uniacke Katherine | Buy | 1.61K | $12.35 | 19.84K |
| 2020-03-20 | Kari Ross Jay | Buy | 5.00K | $11.81 | 59.04K |
| 2020-03-20 | Lamm, Jonathan | Buy | 900 | $11.50 | 10.35K |
| 2020-03-20 | Mastropaolo Michael | Buy | 1.29K | $11.72 | 15.18K |
| 2020-03-20 | Uniacke Katherine | Buy | 1.61K | $12.35 | 19.84K |
| 2020-03-20 | Uniacke Katherine | Buy | 5.06K | $11.65 | 58.96K |
| 2020-03-20 | Yoder, Jon | Buy | 3.50K | $11.81 | 41.34K |
| 2020-03-20 | Yu, David | Buy | 1.75K | $11.15 | 19.51K |
| 2020-03-19 | McGovern, Brendan | Buy | 8.00K | $13.00 | 104.00K |
| 2020-03-19 | Lamm, Jonathan | Buy | 100 | $11.22 | 1.12K |
| 2020-03-19 | Mastropaolo Michael | Buy | 1.89K | $11.25 | 21.26K |
| 2020-03-19 | McGovern, Brendan | Buy | 8.00K | $13.00 | 104.00K |
| 2020-03-19 | Yoder, Jon | Buy | 2.50K | $11.74 | 29.35K |
| 2020-03-16 | Rossetti Carmine | Other | 0 | — | — |
| 2020-03-16 | Pessah David | Sell | 0 | — | — |
| 2020-03-09 | Ardila Jaime | Buy | 969 | $18.42 | 17.85K |
| 2020-03-09 | Ardila Jaime | Buy | 4.59K | $17.80 | 81.80K |
| 2019-06-07 | Yoo Julien | Sell | 0 | — | — |
| 2019-06-06 | Teufel Maya | Other | 0 | — | — |
| 2019-03-04 | Lentini, Salvatore | Sell | 27.05K | $20.38 | 551.22K |
| 2019-03-04 | Lentini, Salvatore | Sell | 1.73K | $20.37 | 35.29K |
| 2019-03-04 | Lentini, Salvatore | Sell | 2.03K | $20.44 | 41.51K |
| 2019-02-27 | Mastropaolo Michael | Sell | 0 | — | — |
| 2018-08-21 | GOLDMAN SACHS GROUP INC | Buy | 468 | $22.26 | 10.42K |
| 2018-08-20 | GOLDMAN SACHS GROUP INC | Sell | 468 | $22.27 | 10.42K |
| 2018-06-01 | MCGEE SUSAN B | Sell | 0 | — | — |
| 2018-05-09 | GOLDMAN SACHS ASSET MANAGEMENT, L.P. | Other | 0 | — | — |
| 2018-05-01 | CLARK JANET F | Other | 0 | — | — |
| 2018-02-28 | Walter Jordan | Sell | 0 | — | — |
| 2018-02-28 | Turco, Scott | Other | 0 | — | — |
| 2017-12-31 | BAKHRU ASHOK N | Other | 0 | — | — |
| 2017-12-06 | Lane Ann B | Buy | 4.65K | $21.68 | 100.82K |
| 2017-12-06 | Ardila Jaime | Buy | 1.06K | $21.65 | 22.93K |
| 2017-12-01 | Ardila Jaime | Buy | 8.11K | $21.84 | 177.11K |
| 2017-06-08 | Lane Ann B | Buy | 2.24K | $22.32 | 50.00K |
| 2017-05-23 | Kari Ross Jay | Buy | 5.00K | $22.24 | 111.18K |
| 2017-05-01 | Rossetti Carmine | Sell | 0 | — | — |
| 2017-01-11 | Lentini, Salvatore | Buy | 33 | $23.48 | 765 |
| 2016-12-31 | Lentini, Salvatore | Other | 0 | — | — |
| 2016-12-31 | Lentini, Salvatore | Sell | 0 | — | — |
| 2016-12-31 | Lentini, Salvatore | Other | 0 | — | — |
| 2016-12-31 | Lentini, Salvatore | Other | 0 | — | — |
| 2016-12-31 | STRUBEL RICHARD P | Other | 0 | — | — |
| 2016-12-31 | COBLENTZ JOHN P JR | Other | 0 | — | — |
| 2016-12-06 | Quirk Kathryn L | Other | 0 | — | — |
| 2016-12-06 | Teufel Maya | Sell | 0 | — | — |
| 2016-11-07 | Ardila Jaime | Buy | 4.68K | $21.52 | 100.76K |
Institutional holders
Latest filed quarter: Q2 2026.
Institutions holding: 211, holders +5 vs prior quarter. Ownership 45.91%.
| Holder | Shares | Change | Change % | Value |
|---|---|---|---|---|
| GOLDMAN SACHS GROUP INC | 6.54M | 0 | 0.00% | 61.96M |
| PRIVATE MANAGEMENT GROUP INC | 5.18M | 175.28K | +3.50% | 49.09M |
| MORGAN STANLEY | 4.71M | 1.08M | +29.86% | 44.69M |
| GENERALI ASSET MANAGEMENT SPA SGR | 3.29M | 0 | 0.00% | 31.23M |
| ARES MANAGEMENT LLC | 3.15M | 976.08K | +44.96% | 29.84M |
| VAN ECK ASSOCIATES CORP | 2.68M | 608.00K | +29.40% | 25.37M |
| UBS GROUP AG | 2.58M | 49.22K | +1.95% | 24.43M |
| LUNATE CAPITAL LTD | 2.19M | 2.19M | New | 20.78M |
| INVESCO LTD. | 1.69M | 42.32K | +2.57% | 16.01M |
| LALIA CAPITAL, LLC | 1.19M | 1.19M | New | 11.31M |
| BANK OF AMERICA CORP /DE/ | 1.15M | 149.60K | +15.00% | 10.88M |
| LEGAL & GENERAL GROUP PLC | 939.77K | 57.07K | +6.47% | 8.88M |
| MUZINICH & CO., INC. | 853.94K | 52.41K | +6.54% | 8.10M |
| RAYMOND JAMES FINANCIAL INC | 706.55K | 12.74K | +1.84% | 6.70M |
| SUMITOMO MITSUI TRUST GROUP, INC. | 701.78K | 5.00K | +0.72% | 6.65M |
| CETERA INVESTMENT ADVISERS | 696.31K | 610.89K | +715.19% | 6.60M |
| ENVESTNET ASSET MANAGEMENT INC | 624.97K | 624.97K | New | 5.92M |
| COLUMBUS MACRO, LLC | 619.85K | 619.85K | New | 5.88M |
| OSAIC HOLDINGS, INC. | 561.57K | 311.35K | +124.43% | 5.32M |
| AMERICAN FINANCIAL GROUP INC | 506.56K | 0 | 0.00% | 4.80M |
| VICTORY CAPITAL MANAGEMENT INC | 497.44K | 227.47K | +84.26% | 4.72M |
| BLACKROCK, INC. | 432.57K | -10.30K | -2.33% | 4.10M |
| TRANSCEND CAPITAL ADVISORS, LLC | 356.96K | -36.21K | -9.21% | 3.38M |
| CITADEL ADVISORS LLC | 356.07K | 206.67K | +138.33% | 3.38M |
| JANNEY MONTGOMERY SCOTT LLC | 328.20K | 328.20K | New | 3.11M |
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