The Goldman Sachs Group, Inc. (GS)
| Market Cap | 150.30B |
| Revenue (ttm) | 48.24B |
| Net Income (ttm) | 8.75B |
| Shares Out | 322.46M |
| EPS (ttm) | 25.61 |
| PE Ratio | 18.14 |
| Forward PE | 12.40 |
| Dividend | $11.00 (2.37%) |
| Ex-Dividend Date | May 30, 2024 |
| Volume | 1,450,546 |
| Open | 464.37 |
| Previous Close | 466.09 |
| Day's Range | 462.28 - 468.25 |
| 52-Week Range | 289.36 - 468.25 |
| Beta | 1.39 |
| Analysts | Buy |
| Price Target | 438.69 (-5.56%) |
| Earnings Date | Apr 15, 2024 |
About GS
The Goldman Sachs Group, Inc., a financial institution, provides a range of financial services for corporations, financial institutions, governments, and individuals worldwide. It operates through Global Banking & Markets, Asset & Wealth Management, and Platform Solutions segments. The Global Banking & Markets segment provides financial advisory services, including strategic advisory assignments related to mergers and acquisitions, divestitures, corporate defense activities, restructurings, and spin-offs; and relationship lending, and acquisiti... [Read more]
Financial Performance
In 2023, GS's revenue was $46.25 billion, a decrease of -2.35% compared to the previous year's $47.37 billion. Earnings were $7.91 billion, a decrease of -26.54%.
Financial StatementsAnalyst Forecast
According to 21 analysts, the average rating for GS stock is "Buy." The 12-month stock price forecast is $438.69, which is a decrease of -5.56% from the latest price.
News
Here are some of the tech stocks Daniel Loeb's Third Point hedge fund has snapped up
Daniel Loeb's Third Point hedge fund has gone deeper into stocks of major tech companies, a filing with the Securities and Exchange Commission showed late Wednesday.
Soros Fund Management dissolves stake in NYCB, buys Goldman Sachs shares
Soros Fund Management has dissolved its share stake in embattled lender New York Community Bancorp in the first quarter of 2024, a regulatory filing showed on Wednesday.
Goldman Sachs hires from rivals to expand in mid-market deals
Goldman Sachs told Reuters it has hired two investment bankers, Kerry Burke and Eddie Rubin, from Evercore and Lazard , respectively, as part of a push to double down on its business that focuses on a...
Goldman's Waldron Talks Private Credit, M&A and Deficit
Goldman Sachs President and COO John Waldron says the rise in good credit is good for the economy and discusses the state of the private credit market, M&A activity and the economic impact of fiscal a...
Goldman's Minnis Says Deals Are Starting to Pick Up
"There's a lot of capital chasing a few transactions, which for the issuer is terrific," Christina Minnis, Goldman Sachs head of global acquisition finance, says during an interview on Bloomberg Telev...
Goldman to Debut Gulf-Focused Investment Strategies
Goldman Sachs Group Inc. Asset and Wealth Management Global Head Marc Nachmann says the bank is planning to launch several investment strategies that will allow the firm and its wealthy clients to dep...
3 reasons why Goldman Sachs is the 'pure investment bank' play
The banking sector is in a unique time and place as investors navigate economic conditions, such as higher for longer interest rates held by the Federal Reserve. As part of Good Buy or Goodbye, Infras...
Goldman Sachs CEO Solomon Is Confident in Strategy
Goldman Sachs CEO David Solomon says he is confident about the Wall Street giant's strategy. “When times are good, things feel good,” Solomon told Bloomberg's Jonathan Ferro during an interview in Ver...
Goldman's Solomon on France, Markets and Growth Strategy
Goldman Sachs Chair and CEO David Solomon discusses France becoming more business friendly, the outlook for IPO and M&A activity, and his concerns about US debt and deficits. Speaking with Jonathan Fe...
Ajax Therapeutics Raises $95 Million Series C Financing To Advance First-in-Class Type II JAK2 Inhibitor, AJ1-11095, Into The Clinic
NEW YORK & CAMBRIDGE, Mass.--(BUSINESS WIRE)--Ajax Therapeutics, Inc., a biopharmaceutical company developing next generation JAK inhibitors for patients with myeloproliferative neoplasms (MPNs), toda...
Betterment CEO Sarah Levy talks acquiring Marcus Invest digital accounts from Goldman Sachs
Sarah Levy, Betterment CEO, joins 'Closing Bell Overtime' to discuss the recently announced deal to acquire digital accounts of Marcus Invest from Goldman Sachs.
Goldman Sachs Hits All-Time High. The Winning Streak Continues.
Investors have been rewarding the investment bank this spring.
Bixby Land Company Announces Closing of Bixby Industrial Fund I
NEWPORT BEACH, Calif.--(BUSINESS WIRE)--Bixby Land Company recently closed its newly established Bixby Industrial Fund I, a continuation fund that offered existing investors liquidity while extending ...
US banks face climate risk data challenges, Fed analysis shows
U.S. banks face significant data and modeling challenges in predicting the impact of climate change on their loan books, the Federal Reserve said on Thursday after its first analysis on the issue.
Goldman Sachs President on U.S.-China relation: Series of engagements have been 'productive'
John Waldron, Goldman Sachs president and COO, joins CNBC's 'Money Movers' to discuss IPO markets, government spending, competition with China, and more.
Goldman Sachs names ex-Dallas Fed chief Robert Kaplan as vice chairman
Goldman Sachs appointed the former president of the Federal Reserve Bank of Dallas, Robert Kaplan, as its vice chairman on Tuesday. Kaplan's new role at the David Solomon-led Wall Street behemoth adds...
Goldman Sachs names ex-Dallas Fed chief Rob Kaplan as vice chairman
Goldman Sachs Group Inc. on Tuesday named former Dallas Federal Reserve president Rob Kaplan as vice chairman and management committee member.
Goldman Sachs says it remains positive on Hong Kong capital markets activity
Kinger Lau, chief China equity strategist at Goldman Sachs, says China is taking measures to encourage more initial public offering flows to Hong Kong.
Goldman Sachs criminal case over 1MDB formally ends
A U.S. judge on Monday formally ended the U.S. government's criminal case against Goldman Sachs related to the Wall Street bank's work for the Malaysian fund 1MDB after it met its obligations and paid...
Goldman Sachs CEO David Solomon says AI ‘is something that people are going to have to think very strategically about'
Goldman Sachs Group Inc. Chief Executive David Solomon sees ample opportunity for the investment bank to profit from artificial intelligence, both through deal-making as well as in its internal operat...
Goldman Sachs settles 2014 lawsuit over platinum and palladium price fixing
(Kitco News) – Investment bank Goldman Sachs announced on Friday that it has reached an in-principle settlement agreement to resolve an outstanding class action lawsuit filed in 2014 related to the fi...
Goldman Sachs Taps JPMorgan's Lake to Join as Partner
Goldman Sachs Asset Management tapped Bryon Lake, most recently JPMorgan Asset Management's global head of ETF solutions, as partner. Eric Balchunas joins Scarlet Fu and Katie Greifeld on "ETF IQ" for...
Final Trades: Goldman Sachs, 3M, URNM and IJR
The Investment Committee gives you their top stocks to watch for the second half.
Goldman Sachs CEO David Solomon on whether AI will cut jobs
Goldman Sachs CEO David Solomon joins ‘Squawk on the Street' to discuss the company's AI strategy, M&A, and company outlook.