Goldman Sachs BDC (NYSE:GSBD) Issues Earnings Results

Goldman Sachs BDC (NYSE:GSBD) released its quarterly earnings results on Thursday. The financial services provider reported $0.37 EPS for the quarter, topping the consensus estimate of $0.36 by $0.01, FiscalAI reports. Goldman Sachs BDC had a net margin of 32.62% and a return on equity of 12.06%. The business had revenue of $38.79 million during the quarter, compared to analyst estimates of $87.18 million.

Goldman Sachs BDC Price Performance

Shares of Goldman Sachs BDC stock traded down $0.10 during trading on Friday, hitting $9.08. The stock had a trading volume of 2,710,873 shares, compared to its average volume of 1,515,714. The business has a fifty day moving average of $9.32 and a two-hundred day moving average of $10.01. Goldman Sachs BDC has a fifty-two week low of $8.92 and a fifty-two week high of $13.30. The firm has a market cap of $1.04 billion, a P/E ratio of 8.73 and a beta of 0.62. The company has a debt-to-equity ratio of 1.27, a current ratio of 1.81 and a quick ratio of 1.81.

Goldman Sachs BDC Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 28th. Stockholders of record on Tuesday, March 31st will be paid a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a dividend yield of 14.1%. The ex-dividend date of this dividend is Tuesday, March 31st. Goldman Sachs BDC’s payout ratio is currently 123.08%.

Institutional Investors Weigh In On Goldman Sachs BDC

Several hedge funds and other institutional investors have recently bought and sold shares of GSBD. Kestra Advisory Services LLC bought a new stake in shares of Goldman Sachs BDC in the 4th quarter worth approximately $57,000. Quantbot Technologies LP acquired a new position in Goldman Sachs BDC in the second quarter worth approximately $62,000. Advisory Services Network LLC acquired a new position in Goldman Sachs BDC in the third quarter worth approximately $68,000. OpenArc Corporate Advisory LLC bought a new position in shares of Goldman Sachs BDC in the fourth quarter valued at $109,000. Finally, Sciencast Management LP acquired a new stake in shares of Goldman Sachs BDC during the 4th quarter valued at $126,000. 28.72% of the stock is currently owned by institutional investors.

More Goldman Sachs BDC News

Here are the key news stories impacting Goldman Sachs BDC this week:

• Positive Sentiment: Declared a quarterly base dividend of $0.32 per share (first quarter 2026) and a Q4-2025 supplemental dividend of $0.03 per share — together supporting a high yield profile that appeals to income investors; ex-dividend and record dates are set (supplemental paid March 20; base paid April 28). Business Wire release
• Positive Sentiment: Beat consensus on EPS (net investment income) at $0.37 vs. $0.36 expected and reported an annualized net investment income yield on book value ~11.7%, showing continued cash-generation ability. Zacks: Q4 beat
• Neutral Sentiment: Full earnings press release and Form 10-K filed — provides detail on portfolio composition, credit metrics and disclosures that investors should review for underlying credit quality. Press release / 10-K
• Neutral Sentiment: Earnings call transcript is available for detail on management’s outlook, portfolio performance and capital strategy — useful for judging forward risk/return. Seeking Alpha transcript
• Negative Sentiment: Revenue reported ($38.8M) was well below Street expectations (~$87.2M), which may raise questions about fee/interest timing and underlying activity — a potential headwind for sentiment. MarketBeat: earnings summary
• Negative Sentiment: Short interest jumped ~64.5% in February to ~4.33M shares (≈3.8% of float), indicating increased bearish bets that could amplify downside if sentiment weakens. Source: short interest data
• Negative Sentiment: Sectors and peers face headwinds (higher rates, credit concerns) that keep downside risk elevated for BDCs generally. Investing.com: sector headwinds

Analyst Upgrades and Downgrades

GSBD has been the subject of several recent analyst reports. The Goldman Sachs Group assumed coverage on shares of Goldman Sachs BDC in a research report on Monday, December 15th. They issued a “neutral” rating and a $10.50 target price for the company. Weiss Ratings reiterated a “sell (d+)” rating on shares of Goldman Sachs BDC in a research report on Monday, December 29th. Zacks Research upgraded Goldman Sachs BDC from a “strong sell” rating to a “hold” rating in a research report on Thursday, November 13th. Wells Fargo & Company cut their target price on Goldman Sachs BDC from $10.00 to $9.00 and set an “underweight” rating on the stock in a research note on Monday, November 10th. Finally, Lucid Cap Mkts upgraded Goldman Sachs BDC to a “hold” rating in a research report on Monday, December 15th. Three analysts have rated the stock with a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Reduce” and an average price target of $9.75.

About Goldman Sachs BDC

Goldman Sachs BDC, Inc (NYSE: GSBD) is an externally managed, closed-end, non-diversified management investment company organized as a business development company (BDC) under the U.S. Investment Company Act of 1940. The company’s primary objective is to generate current income and capital appreciation through debt and equity investments in U.S. middle-market companies. It principally invests in senior secured loans, mezzanine debt, preferred equity and, to a lesser extent, common equity, focusing on sponsor-backed transactions and special-situation financings.

The fund is advised by affiliates of Goldman Sachs Asset Management’s Private Credit Group, leveraging the firm’s global research capabilities and risk management infrastructure.