GSBD Stock Summary and Trading Ideas (Goldman Sachs Bdc | NYSE:GSBD)

Goldman Sachs BDC Inc is a non-diversified, closed-end management investment company that elected to be regulated as a business development company focused on lending to middle-market companies. The investment objective is to generate current income and, to a lesser extent, capital appreciation primarily through direct originations of secured debt, including the first lien, unitranche and second lien debt, and unsecured debt. It invests primarily in U.S. middle-market companies such as banks and the public debt markets. The company's origination strategy focuses on leading the negotiation and structuring of the loans or securities in which it invests and holding the investments in its portfolio to maturity. It generates majority revenue in the form of interest income and dividend income.

Goldman Sachs Bdc trades on the NYSE stock market under the symbol GSBD.

As of December 13, 2024, GSBD stock price climbed to $12.87 with 598,022 million shares trading.

GSBD has a beta of 0.32, meaning it tends to be less sensitive to market movements. GSBD has a correlation of 0.08 to the broad based SPY ETF.

GSBD has a market cap of $1.51 billion. This is considered a Small Cap stock.

Last quarter Goldman Sachs Bdc reported $110 million in Revenue and $.57 earnings per share. This fell short of revenue expectation by $-5 million and exceeded earnings estimates by $.02.

In the last 3 years, GSBD traded as high as $20.60 and as low as $12.67.

The top ETF exchange traded funds that GSBD belongs to (by Net Assets): BIZD, KBWD, VPC, DVDN, OASC.

GSBD has underperformed the market in the last year with a price return of -1.5% while the SPY ETF gained +31.7%. GSBD has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -5.5% and -1.5%, respectively, while the SPY returned +8.4% and +0.9%, respectively.

GSBD support price is $12.71 and resistance is $12.95 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that GSBD shares will trade within this expected range on the day.