Goldman Sachs BDC, Inc. made a public disclosure
SEC 8-KRead source ↗
Goldman Sachs BDC, Inc. is a US-listed company in the asset management & custody banks industry. Its financial year ends in December.
Stock price today
Loading chart…
Third-party market data · may be delayed
Model estimate per share
~$11
Forward price-to-earnings vs peers
Base case. Range ~$8.8–$14. Next year's consensus earnings per share times peers' typical (harmonic-mean) forward price-to-earnings.
Price vs value
No Buy/Hold/Sell rating is issued: limited reported history: available models are shown without a Buy/Hold/Sell rating.
Goldman Sachs BDC, Inc. valuation: adjust assumptions and compare models →
Who’s trading
What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.
- Insiders3 buying, 0 selling4 purchases and 0 sales by directors and officers, last 12 monthsInsider trades
- Funds99 adding, 86 cuttingOf 11 active managers that changed their stake, 5 added; quarter to June 30, 2026Fund buyers and sellers
The Fundamentalytics view
Current signal Results well ahead of expectations: Reported earnings per share beat the analysts' consensus estimate by 23% in the quarter to 2026-06-30, the 3rd beat in the last four quarters.
Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.
Highlights
How we pick theseStrengths
- Estimates rising. Analysts' consensus for next year's earnings per share has risen 6.7% over 90 days.
Things to watch
- Results due soon. Results are expected around 5 November; the share price can move sharply on the day.
- Earnings expected to fall. The consensus expects earnings per share to fall 11% next year.
Latest results
- Earnings per share
- $0.38 against an average estimate of $0.31: beat by 22.6%
- Share reaction
- +7.3% in the first session after the results on August 7, 2026, against +0.6% for the S&P 500
- Next report
- November 5, 2026; average EPS estimate $0.35
Price chart
- 1 day-0.1%
- 1 week+4.1%
- 1 month-1.7%
- This year+7.3%
- 1 year+3.6%
- 5 years-7.4%
- S&P 500 this year+11.2%
Loading chart…
Third-party market data · may be delayed
At a glance
Earnings
- Last results
- August 7, 2026
- Next results (est.)
- November 5, 2026
News & updates
Company announcements, filed results and changes that matter to shareholders.
- Announcement
- Results
Goldman Sachs BDC, Inc. reported results; made a public disclosure
SEC 8-KRead source ↗ - Announcement
Goldman Sachs BDC, Inc. made a public disclosure
SEC 8-KRead source ↗
Valuation models
We value Goldman Sachs BDC, Inc. as an asset manager, broker or exchange, with every model that fits that kind of business. Cost of equity 8.5%: the 10-year Treasury yield (4.9%) plus a beta of 0.78 times a 4.5% equity risk premium.
| Model | Value per share | In the combined value? |
|---|---|---|
| Forward price-to-earnings vs peers Next year's consensus earnings per share times peers' typical (harmonic-mean) forward price-to-earnings. Uses analysts' consensus estimates (third-party data), not our forecasts. | ~$11 ~$8.8–$14 | Primary model, counts double |
| Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. | — | Does not apply: no twelve-month earnings or share count in the filings yet |
| Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. | — | Does not apply: no twelve-month earnings or share count in the filings yet |
| Price-to-book vs peers Book value per share times peers' typical (harmonic-mean) price-to-book. | — | Does not apply: no twelve-month earnings or share count in the filings yet |
| Dividend discount (two-stage) Dividends for five years at the growth the business can fund, then a steady payout and growth. | — | Does not apply: no twelve-month earnings or share count in the filings yet |
| Combined value Weighted average of the models that apply: the primary model (forward price-to-earnings vs peers) counts double. Models more than 5x or less than 0.2x the share price, or more than 3x away from the other models' median, are left out. | ~$11 ~$8.8–$14 | 1 model |
Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Goldman Sachs BDC, Inc. with asset managers in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.
Moat
Not assessed: fewer than five years of comparable figures in the filings. AI disruption exposure for this industry: Medium.
Forecasts and guidance
Next results: November 5, 2026, after the close. Analysts expect revenue of $81m and EPS of $0.35 (range $0.33 to $0.39) for the quarter.
Analysts' consensus
| Fiscal year | EPS | Growth | Revenue | Growth |
|---|---|---|---|---|
| Current | $1.30 | −17% | $325m | −11% |
| Next | $1.15 | −11% | $314m | −3% |
Next year's EPS estimate has moved +6.7% in 90 days, across 5 analysts.
How the EPS forecast has moved
The consensus EPS forecast for the current fiscal year is +15.0% on 90 days ago. In the last 30 days, 3 analysts raised Goldman Sachs BDC, Inc.'s forecast and 0 cut it.
Average of analysts' published estimates (third-party data).
View chart data
| Period | Current fiscal year | Next fiscal year |
|---|---|---|
| 90 days ago | $1.13 | $1.08 |
| 60 days ago | $1.29 | $1.15 |
| 30 days ago | $1.29 | $1.15 |
| 7 days ago | $1.29 | $1.15 |
| Now | $1.30 | $1.15 |
Earnings against estimates
| Quarter to | Estimate | Actual | Surprise |
|---|---|---|---|
| Jun 2026 | $0.31 | $0.38 | +22.6% |
| Mar 2026 | $0.30 | $0.22 | −26.2% |
| Dec 2025 | $0.35 | $0.37 | +5.7% |
| Sept 2025 | $0.36 | $0.40 | +11.9% |
Adjusted EPS as companies report it, against the average analyst estimate.
Positioning
- Short interest
- 5.7% of tradable shares
- Days to cover
- 7.4 at average volume
- Short interest, 1 month
- +0% to October 15, 2026
- Held by institutions
- 47% of shares
- Held by insiders
- 0.2% of shares
Share-price performance
Market data may be delayedReturn and risk by year
| Calendar year | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 to date |
|---|---|---|---|---|---|---|
| Return | ||||||
| GSBD | +11% | −20% | +21% | −6% | −9% | +7% |
| Industry peers (median) | +33% | −17% | +19% | +15% | −4% | −6% |
| S&P 500 | +29% | −18% | +26% | +25% | +18% | +11% |
| Months that ended higher | ||||||
| GSBD | 58% | 42% | 75% | 42% | 50% | 46% |
| S&P 500 | 75% | 42% | 67% | 75% | 75% | 46% |
| Largest fall from a high during the year | ||||||
| GSBD | −10% | −27% | −19% | −17% | −23% | −14% |
| S&P 500 | −5% | −25% | −10% | −8% | −19% | −9% |
Worst fall since November 2, 2015: 63% from February 20, 2020 to March 18, 2020. Getting back needed a 168% gain, reached on March 17, 2021, 364 days after the low.
Price behaviour
- 52-week range
- $8.03 – $9.88
- From 52-week high
- −9.8%
- vs 50-day average
- −2.6%
- vs 200-day average
- +2.3%
- Volatility (1 year)
- 24%
- Beta vs S&P 500
- 0.43
Share price after results
- Next day
- 5 up, 7 down typical move ±2.5%
- After a week
- 6 up, 6 down typical move ±3.6%
- After a month
- 5 up, 7 down typical move ±4.2%
| Results released | Next day | S&P 500 next day | 5 days | 21 days |
|---|---|---|---|---|
| August 7, 2026 | +7.3% | +0.6% | +8.4% | +6.8% |
| May 8, 2026 | −10.0% | +1.1% | −10.2% | −9.5% |
| February 27, 2026 | −0.1% | −0.4% | +2.0% | −1.1% |
| November 6, 2025 | +0.9% | −1.0% | +0.2% | +3.2% |
| August 7, 2025 | +0.2% | +0.7% | +0.1% | +2.0% |
| May 8, 2025 | +3.5% | +0.6% | +6.7% | +11.2% |
| February 27, 2025 | +0.6% | −0.1% | −5.2% | −6.6% |
| November 7, 2024 | −1.2% | +1.2% | −3.0% | −1.4% |
| August 8, 2024 | −4.1% | +2.8% | −3.1% | −2.9% |
| May 7, 2024 | −0.5% | +0.1% | −0.1% | −2.7% |
| February 29, 2024 | −1.9% | +1.3% | −0.8% | −0.4% |
| November 7, 2023 | −0.3% | +0.4% | +3.5% | +2.4% |
Fundamentals
Who owns it
Funds buying and selling- Reported value
- $490M
- Institutions reporting
- 204
- Shares held vs prior quarter
- ▲ 20.6%
- Positions opened / closed
- 36 / 29
| Manager | Value | Shares | Share of 13F value | Shares QoQ |
|---|---|---|---|---|
| Goldman Sachs Group Inc | $62M | 6.5M | 12.6% | 0.0% |
| Private Management Group Inc | $49.1M | 5.2M | 10.0% | ▲ 3.5% |
| Morgan Stanley | $44.7M | 4.7M | 9.1% | ▲ 29.9% |
| Generali Asset Management Spa Sgr | $31.2M | 3.3M | 6.4% | 0.0% |
| Ares Management LLC | $29.8M | 3.1M | 6.1% | ▲ 45.0% |
| Van Eck Associates Corp | $25.4M | 2.7M | 5.2% | ▲ 29.4% |
| UBS Group AG | $24.4M | 2.6M | 5.0% | ▲ 1.9% |
| Lunate Capital Ltd | $20.8M | 2.2M | 4.2% | New |
| Invesco Ltd. | $16M | 1.7M | 3.3% | ▲ 2.6% |
| Lalia Capital, LLC | $11.3M | 1.2M | 2.3% | New |
| Bank Of America Corp | $10.9M | 1.1M | 2.2% | ▲ 15.0% |
| Legal & General Group PLC | $8.9M | 940K | 1.8% | ▲ 6.5% |
From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Goldman Sachs BDC, Inc.'s complete shareholder register. Values are as reported by the filers ; 2 inconsistently scaled filing rows were excluded.
Insider trading activity
Full insider history and chart Insider purchases History → $672,763 4 trades by 3 insiders, last 12 months Insider sales History → $0 0 trades by 0 insiders
Net ▲ $672,763 net buying
| Insider | Date | Trade | Shares | Price | Value |
|---|---|---|---|---|---|
| Leach Timothy J Director | June 10, 2026 | Buy | 11,075 | $9.04 | $100,117 |
| Leach Timothy J Director | June 10, 2026 | Buy | 2,004 | $9.04 | $18,116 |
| Evans Carlos E Director | April 2, 2026 | Buy | 50,000 | $9.02 | $451,000 |
| Greene Tucker See Remarks | November 12, 2025 | Buy | 10,500 | $9.86 | $103,530 |
From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.
Earnings dates and SEC filings
Results announcements
Next expected around November 5, 2026 estimated from the company's past filing pattern, not announced
- August 7, 2026
- May 8, 2026
- February 27, 2026
- November 6, 2025
- August 7, 2025
- May 8, 2025
Recent SEC filings
- 8-K Current report
- 8-K Current report
- 10-Q Quarterly report
- 8-K Current report
- 8-K Current report
- 8-K Current report
- 10-Q Quarterly report
- 8-K Current report
Data status
| Data | Last updated | Source |
|---|---|---|
| Share price | Exchange closing prices | |
| News and updates | Company releases and SEC 8-K filings | |
| Analyst estimates | Aggregated analyst estimates | |
| Valuation and scores | Our models, from the filed figures |
Goldman Sachs BDC, Inc. in brief
- What does Goldman Sachs BDC, Inc. do?
- Goldman Sachs BDC, Inc. is a US-listed company in the asset management & custody banks industry. Its financial year ends in December.
- What is Goldman Sachs BDC, Inc.'s stock ticker?
- Goldman Sachs BDC, Inc. trades under the ticker GSBD on NYSE. This page brings together its financial statements, valuation models, ownership and recent company updates.
- Who are Goldman Sachs BDC, Inc.'s largest institutional shareholders?
- By value reported in 13F filings for June 30, 2026, the largest reported holders are Goldman Sachs Group Inc, Private Management Group Inc and Morgan Stanley. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
- Are insiders buying or selling Goldman Sachs BDC, Inc. stock?
- Over the last 12 months, Goldman Sachs BDC, Inc.'s directors and officers reported 4 open-market purchases and 0 sales on Form 4. The insider trading page charts every trade.
- When is Goldman Sachs BDC, Inc.'s next earnings date?
- Around November 5, 2026, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Goldman Sachs BDC, Inc. announces its own schedule.
Follow research on Goldman Sachs BDC, Inc.
New research on the companies we cover arrives in the weekly email. Free, one email a week.