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 focuses on 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 March 5, 2025, GSBD stock price declined to $12.48 with 703,276 million shares trading.

GSBD has a beta of 0.42, meaning it tends to be less sensitive to market movements. GSBD has a correlation of 0.13 to the broad based SPY ETF.

GSBD has a market cap of $1.46 billion. This is considered a Small Cap stock.

Last quarter Goldman Sachs Bdc reported $104 million in Revenue and $.47 earnings per share. This fell short of revenue expectation by $-2 million and missed earnings estimates by -$.03.

In the last 3 years, GSBD traded as high as $20.50 and as low as $11.72.

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

GSBD has underperformed the market in the last year with a price return of -6.7% while the SPY ETF gained +15.2%. However, in the short term, GSBD had mixed performance relative to the market. It has outperformed in the last 3 months, returning -0.2% vs -3.7% return in SPY. But in the last 2 weeks, GSBD shares have been beat by the market, returning -5.1% compared to an SPY return of -4.6%.

GSBD support price is $12.45 and resistance is $12.71 (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.