Goldman Sachs BDC's Q2 net investment income drops as portfolio shrinks

Goldman Sachs BDC

07/08/2025 22:13

Overview

Goldman Sachs BDC Q2 net investment income per share was $0.38 vs $0.42 yr-ago

Net asset value per share decreased 1.4% to $13.02

Company declared Q3 base dividend of $0.32, special dividend of $0.16

Outlook

Company declares third quarter 2025 base dividend of $0.32 per share

Goldman Sachs BDC announces special dividend of $0.16 per share for Q3 2025

Result Drivers

PORTFOLIO SIZE - Decrease in total investment income due to a reduction in portfolio size

NON-ACCRUAL CHANGES - Some investments moved to non-accrual status while others restored due to performance changes

SENIOR SECURED FOCUS - 97.4% of investment portfolio in senior secured debt, with 95.9% in first lien investments

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 EPS
$0.34
Q2 Dividend
$0.32


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy", 3 "hold" and 1 "sell" or "strong sell"

The average consensus recommendation for the corporate financial services peer group is "buy."

Wall Street's median 12-month price target for Goldman Sachs BDC Inc is $11.25, about 0.2% above its August 6 closing price of $11.23

The stock recently traded at 8 times the next 12-month earnings vs. a P/E of 7 three months ago

Press Release: ID:nBw2Dl3wva

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)