Goldman Sachs BDC (NYSE:GSBD) Announces Earnings Results

Goldman Sachs BDC (NYSE:GSBD) released its earnings results on Thursday. The financial services provider reported $0.37 EPS for the quarter, topping analysts’ consensus estimates of $0.31 by $0.06, FiscalAI reports. The firm had revenue of $35.08 million during the quarter, compared to analyst estimates of $78.89 million. Goldman Sachs BDC had a net margin of 17.19% and a return on equity of 10.92%.

Goldman Sachs BDC Trading Up 7.4%

GSBD stock traded up $0.68 during midday trading on Friday, hitting $9.77. 2,147,663 shares of the company’s stock were exchanged, compared to its average volume of 760,748. Goldman Sachs BDC has a one year low of $8.35 and a one year high of $11.62. The company has a debt-to-equity ratio of 1.39, a quick ratio of 1.11 and a current ratio of 1.11. The company has a market cap of $1.10 billion, a PE ratio of 18.78 and a beta of 0.57. The stock’s fifty day moving average price is $9.07 and its 200-day moving average price is $9.19.

Goldman Sachs BDC Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, October 28th. Shareholders of record on Wednesday, September 30th will be issued a dividend of $0.32 per share. The ex-dividend date is Wednesday, September 30th. This represents a $1.28 annualized dividend and a yield of 13.1%. Goldman Sachs BDC’s payout ratio is currently 196.92%.

Key Headlines Impacting Goldman Sachs BDC

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

• Positive Sentiment: Quarterly earnings beat expectations. GSBD reported adjusted net investment income of $0.37 per share for the quarter ended June 30, 2026, above the $0.31 analyst consensus. Reported net investment income was $0.38 per share, compared with $0.38 a year earlier. Goldman Sachs BDC Beats Q2 Earnings and Revenue Estimates
• Positive Sentiment: Large dividend payments support investor appeal. The company declared a $0.32-per-share third-quarter base dividend, payable October 28 to shareholders of record September 30, plus a $0.03-per-share supplemental dividend payable September 15. The regular dividend represents an annualized yield of roughly 14% based on the cited report. Goldman Sachs BDC Reports June 30, 2026 Financial Results
• Neutral Sentiment: Analyst valuation remains cautious. Analysts cited in a recent report have an average price target of $8.50, below the stock’s recently cited trading level, suggesting limited near-term upside despite the earnings beat. Goldman Sachs BDC Receives $8.50 Average Price Target
• Negative Sentiment: Revenue figures were mixed across reports. One market report listed revenue of $35.08 million versus a $78.89 million estimate, although Zacks characterized revenue as beating expectations. Investors may want to review the company’s filing and earnings presentation for clarification. Goldman Sachs BDC 2026 Q2 Results Earnings Call Presentation

Institutional Investors Weigh In On Goldman Sachs BDC

Hedge funds have recently modified their holdings of the business. IHT Wealth Management LLC raised its position in Goldman Sachs BDC by 5.7% during the second quarter. IHT Wealth Management LLC now owns 21,647 shares of the financial services provider’s stock valued at $244,000 after purchasing an additional 1,173 shares in the last quarter. Ameriprise Financial Inc. boosted its holdings in shares of Goldman Sachs BDC by 1.4% in the 3rd quarter. Ameriprise Financial Inc. now owns 100,190 shares of the financial services provider’s stock valued at $1,019,000 after purchasing an additional 1,397 shares in the last quarter. Founders Financial Alliance LLC increased its stake in shares of Goldman Sachs BDC by 3.2% in the 4th quarter. Founders Financial Alliance LLC now owns 46,643 shares of the financial services provider’s stock valued at $433,000 after purchasing an additional 1,444 shares during the last quarter. MML Investors Services LLC increased its stake in shares of Goldman Sachs BDC by 3.0% in the 2nd quarter. MML Investors Services LLC now owns 55,554 shares of the financial services provider’s stock valued at $625,000 after purchasing an additional 1,599 shares during the last quarter. Finally, Snowden Capital Advisors LLC raised its holdings in shares of Goldman Sachs BDC by 4.7% during the 2nd quarter. Snowden Capital Advisors LLC now owns 38,610 shares of the financial services provider’s stock worth $453,000 after buying an additional 1,742 shares in the last quarter. Institutional investors and hedge funds own 28.72% of the company’s stock.

Analyst Upgrades and Downgrades

GSBD has been the topic of several recent research reports. Wall Street Zen upgraded Goldman Sachs BDC from a “sell” rating to a “hold” rating in a research report on Saturday. The Goldman Sachs Group downgraded Goldman Sachs BDC from a “neutral” rating to a “reduce” rating and set a $8.50 price objective for the company. in a report on Thursday, July 9th. Bank of America reissued an “underperform” rating and issued a $8.50 target price (down from $9.00) on shares of Goldman Sachs BDC in a research note on Thursday, July 9th. Zacks Research upgraded Goldman Sachs BDC from a “strong sell” rating to a “hold” rating in a report on Tuesday, July 28th. Finally, Truist Financial decreased their target price on Goldman Sachs BDC from $10.00 to $9.00 and set a “hold” rating for the company in a research report on Tuesday, May 19th. Four research analysts have rated the stock with a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Reduce” and a consensus price target of $8.50.

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.