Goldman Sachs Stock Price, News & Analysis

Goldman Sachs BDC, Inc. (NYSE:GSBD) will release its second-quarter financial results for the period ending June 30, 2021, after market close on August 5, 2021. An earnings conference call is scheduled for August 6, 2021, at 9:00 AM ET. Participants can join via telephone or webcast from the Investor Resources section of GS BDC's website. Additionally, a replay of the call will be available until September 6, 2021. GS BDC primarily invests in middle-market companies and aims to generate income through secured and unsecured debt, along with select equity investments.

Goldman Sachs BDC, Inc. (GSBD) reported its financial results for Q1 2021, with a net investment income per share of $0.57 and adjusted net investment income of $0.48, yielding 12.0% on book value. The company's net asset value per share rose to $16.00, a 0.6% increase. GSBD declared a regular dividend of $0.45 per share and a special dividend of $0.05. New investment commitments totaled $188.3 million, with a net portfolio change of $(58.2) million. As of Mar 31, 2021, GSBD's investments were mainly in senior secured debt, maintaining a stable debt-to-equity ratio of 0.96x.

Goldman Sachs BDC, Inc. (GSBD) is set to release its first quarter financial results for the period ending March 31, 2021, after market close on May 6, 2021. An earnings conference call will take place on May 7, 2021, at 9:00 am Eastern Time, allowing stakeholders to discuss the financial outcomes. Interested parties can join via phone or audio webcast through the investor resources section of the GSBD website. The company specializes in financing middle-market companies, focusing on income generation and capital appreciation through various debt and equity investments.

Goldman Sachs BDC, Inc. (GSBD) reported strong fourth-quarter financial results for the year ending December 31, 2020. Net investment income per share was $0.59, adjusted to $0.48 excluding purchase discount amortization. Earnings per share stood at $1.83, with adjusted earnings at $0.94. The net asset value increased by 2.7% to $15.91, and the net debt to equity ratio improved to 1.00x. The company declared a regular dividend of $0.45 per share. Additionally, record investment commitments of $423 million were reported, bolstering the investment portfolio to $3.48 billion across 123 companies.

Goldman Sachs BDC, Inc. (GSBD) will report its fourth quarter and fiscal year financial results for the period ending December 31, 2020, after market close on February 25, 2021. An earnings conference call is scheduled for February 26 at 9:00 am ET to discuss the financial results. Interested parties can join via telephone or the audio webcast available on the company’s website. GS BDC focuses on investments in middle-market companies, seeking to generate current income and capital appreciation through various debt and equity investments.

Goldman Sachs BDC, Inc. (NYSE: GSBD) has announced a $500 million offering of 2.875% notes maturing on January 15, 2026. The notes can be redeemed at par plus a potential make-whole premium. Proceeds will be used to reduce debt under its revolving credit facility. The offering is subject to customary closing conditions and is expected to be finalized by November 24, 2020. A group of financial institutions, including BofA Securities and Citigroup, are managing the offering.

Goldman Sachs BDC, Inc. (GSBD) reported its third-quarter financial results for 2020, highlighting earnings of $0.80 per share and net investment income of $0.45 per share. The Board declared a regular dividend of $0.45 per share and special dividends totaling $0.15 per share for 2021. Post-merger with Goldman Sachs Middle Market Lending Corp., GSBD's asset base doubled to $3.5 billion, increasing net asset value to $15.57 per share as of October 9, 2020. The merger improved portfolio metrics, including a 7.9% yield and reduced debt-to-equity ratio to 0.93x.

Goldman Sachs BDC, Inc. (GSBD) has successfully completed its merger with Goldman Sachs Middle Market Lending Corp. (MMLC), significantly increasing its asset base to $3.5 billion. This merger aims to enable GSBD to capitalize on favorable lending opportunities and enhance its financial position by deleveraging. MMLC shareholders received 1.1336 shares of GSBD for each share held, and a special distribution of $75 million ($1.39 per share) was declared, payable on October 30, 2020.

Goldman Sachs BDC, Inc. (GSBD) will report its Q3 financial results for the period ending September 30, 2020, on November 5, 2020, post-market. An earnings conference call is scheduled for November 6, 2020, at 9:00 AM ET, accessible via telephone or audio webcast on the company's website. GS BDC primarily invests in middle-market U.S. companies and focuses on generating income and capital appreciation through various debt and equity investments. All interested parties are invited to participate in the call.