GCM Grosvenor Inc. (GCMG)

NASDAQ: GCMG · Real-Time Price · USD
11.47
-0.03 (-0.26%)
Nov 4, 2024, 4:00 PM EST - Market closed
-0.26%
Market Cap 511.27M
Revenue (ttm) 461.33M
Net Income (ttm) 16.08M
Shares Out 44.57M
EPS (ttm) -0.04
PE Ratio n/a
Forward PE 15.46
Dividend $0.44 (3.84%)
Ex-Dividend Date Sep 3, 2024
Volume 161,014
Open 11.51
Previous Close 11.50
Day's Range 11.40 - 11.58
52-Week Range 7.75 - 11.90
Beta 0.54
Analysts Buy
Price Target 13.10 (+14.21%)
Earnings Date Nov 8, 2024

About GCMG

GCM Grosvenor Inc. is global alternative asset management solutions provider. The firm primarily provides its services to pooled investment vehicles. It also provides its services to investment companies, high net worth individuals, pension and profit sharing plans and state or municipal government entities. The firm invests in equity and alternative investment markets of the United States and internationally. The firm invests in multi-strategy, credit-focused, equity-focused, macro-focused, commodity-focused, and other specialty portfolios. It... [Read more]

Sector Financials
Founded 1971
Employees 538
Stock Exchange NASDAQ
Ticker Symbol GCMG
Full Company Profile

Financial Performance

In 2023, GCM Grosvenor's revenue was $443.92 million, a decrease of -0.38% compared to the previous year's $445.59 million. Earnings were $12.77 million, a decrease of -35.55%.

Financial Statements

Analyst Forecast

According to 5 analysts, the average rating for GCMG stock is "Buy." The 12-month stock price forecast is $13.1, which is an increase of 14.21% from the latest price.

Price Target
$13.1
(14.21% upside)
Analyst Consensus: Buy
Stock Forecasts

News

GCM Grosvenor to Announce Third Quarter 2024 Financial Results and Host Investor Conference Call on November 8, 2024

CHICAGO, Oct. 25, 2024 (GLOBE NEWSWIRE) -- GCM Grosvenor (Nasdaq: GCMG), a global alternative asset management solutions provider, announced today that it will release its results for the third quarte...

10 days ago - GlobeNewsWire

Matter Real Estate and GCM Grosvenor Continue Strategic European Residential Partnership with Investments in Germany and Denmark

LONDON, Oct. 15, 2024 (GLOBE NEWSWIRE) -- Matter Real Estate (“Matter”), a London-based real estate investment firm, with support from one of its investors, GCM Grosvenor (NASDAQ: GCMG), is pleased to...

20 days ago - GlobeNewsWire

CION Investments and GCM Grosvenor Form Strategic Partnership Focused on Developing Private Market Investment Solutions

NEW YORK--(BUSINESS WIRE)--CION Investments (CION), a leading alternative investment solutions platform, and GCM Grosvenor, (NASDAQ: GCMG), a global alternative asset management firm, are pleased to a...

6 weeks ago - Business Wire

GCM Grosvenor Inc. (GCMG) Q2 2024 Earnings Call Transcript

GCM Grosvenor Inc. (NASDAQ:GCMG) Q2 2024 Earnings Conference Call August 8, 2024 11:00 AM ET Company Participants Stacie Selinger - Head-Investor Relations Michael Sacks - Chairman & Chief Executive ...

3 months ago - Seeking Alpha

GCM Grosvenor to Announce Second Quarter 2024 Financial Results and Host Investor Conference Call on August 8, 2024

CHICAGO, July 25, 2024 (GLOBE NEWSWIRE) -- GCM Grosvenor (Nasdaq: GCMG), a global alternative asset management solutions provider, announced today that it will release its results for the second quart...

3 months ago - GlobeNewsWire

OlivePoint Welcomes GCM Grosvenor as a New Strategic Investor

LOS ANGELES--(BUSINESS WIRE)--OlivePoint, a private real estate investor, today announced that GCM Grosvenor (Nasdaq: GCMG), a global alternative asset management solutions provider with $79 billion o...

4 months ago - Business Wire

GCM Grosvenor to Present at the Morgan Stanley U.S. Financials and Payments Conference on June 12, 2024

CHICAGO, May 29, 2024 (GLOBE NEWSWIRE) -- GCM Grosvenor (Nasdaq: GCMG), a global alternative asset management solutions provider, announced today that Jon Levin, President of GCM Grosvenor, will prese...

5 months ago - GlobeNewsWire

GCM Grosvenor to Present at the TD Financial Services & Fintech Summit on June 7, 2024

CHICAGO, May 24, 2024 (GLOBE NEWSWIRE) -- GCM Grosvenor (Nasdaq: GCMG), a global alternative asset management solutions provider, announced today that Michael Sacks, Chairman and Chief Executive Offic...

5 months ago - GlobeNewsWire

GCM Grosvenor to Present at the William Blair 44th Annual Growth Stock Conference on June 5, 2024

CHICAGO, May 22, 2024 (GLOBE NEWSWIRE) -- GCM Grosvenor (Nasdaq: GCMG), a global alternative asset management solutions provider, announced today that Michael Sacks, Chairman and Chief Executive Offic...

5 months ago - GlobeNewsWire

Invidia Capital Management Announces Healthcare Investment Firm Launch with Strategic Investment from GCM Grosvenor

Jo Natauri, Former Goldman Sachs Partner and Global Head of Private Healthcare Investing, Launches New Firm with Support of Preeminent Healthcare Executives Jo Natauri, Former Goldman Sachs Partner an...

5 months ago - GlobeNewsWire

GCM Grosvenor Inc. (GCMG) Q1 2024 Earnings Call Transcript

GCM Grosvenor Inc. (NASDAQ:GCMG) Q1 2024 Earnings Conference Call May 7, 2024 10:00 AM ET Company Participants Stacie Selinger - Head of Investor Relations Michael Sacks - Chairman and Chief Executiv...

6 months ago - Seeking Alpha

GCM Grosvenor Reports First Quarter 2024 Earnings Results

CHICAGO, May 07, 2024 (GLOBE NEWSWIRE) -- GCM Grosvenor (Nasdaq: GCMG) today reported its results for the first quarter 2024, which have been posted to the Public Shareholders section of GCM Grosvenor...

6 months ago - GlobeNewsWire

GCM Grosvenor to Announce First Quarter 2024 Financial Results and Host Investor Conference Call on May 7, 2024

CHICAGO, April 23, 2024 (GLOBE NEWSWIRE) -- GCM Grosvenor (Nasdaq: GCMG), a global alternative asset management solutions provider, announced today that it will release its results for the first quart...

6 months ago - GlobeNewsWire

GCM Grosvenor to Present at the UBS Financial Services Conference on February 28, 2024

CHICAGO, Feb. 14, 2024 (GLOBE NEWSWIRE) -- GCM Grosvenor (Nasdaq: GCMG), a global alternative asset management solutions provider, announced today that Pamela Bentley, Chief Financial Officer of GCM G...

9 months ago - GlobeNewsWire

Grosvenor Capital Management, L.P. (GCMG) Q4 2023 Earnings Call Transcript

Grosvenor Capital Management, L.P. (GCMG) Q4 2023 Earnings Call Transcript

9 months ago - Seeking Alpha

GCM Grosvenor Reports Fourth Quarter and Full Year 2023 Earnings Results

CHICAGO, Feb. 13, 2024 (GLOBE NEWSWIRE) -- GCM Grosvenor (Nasdaq: GCMG) today reported its results for the fourth quarter and full year 2023, which have been posted to the Public Shareholders section ...

9 months ago - GlobeNewsWire

GCM Grosvenor to Present at the Bank of America Securities Financial Services Conference 2024 on February 20, 2024

CHICAGO, Feb. 06, 2024 (GLOBE NEWSWIRE) -- GCM Grosvenor (Nasdaq: GCMG), a global alternative asset management solutions provider, announced today that Michael Sacks, Chairman and Chief Executive Offi...

9 months ago - GlobeNewsWire

GCM Grosvenor to Announce Fourth Quarter and Full Year 2023 Financial Results and Host Investor Conference Call on February 13, 2024

CHICAGO, Jan. 30, 2024 (GLOBE NEWSWIRE) -- GCM Grosvenor (Nasdaq: GCMG), a global alternative asset management solutions provider, announced today that it will release its results for the fourth quart...

9 months ago - GlobeNewsWire

KBW Announces Index Rebalancing for Fourth-Quarter 2023

NEW YORK, Dec. 08, 2023 (GLOBE NEWSWIRE) -- Keefe, Bruyette & Woods, Inc., a leading specialist investment bank to the financial services and fintech sectors, and a wholly owned subsidiary of Stifel F...

11 months ago - GlobeNewsWire

Stablewood and GCM Grosvenor Form Joint Venture to fund Single Tenant Net Lease Retail Developments Across the U.S.

Providing construction financing and forward purchase options to experienced developers for well-located, shovel-ready, single-tenant-net-lease retail projects nationwide Providing construction financ...

1 year ago - GlobeNewsWire

Grosvenor Capital Management, L.P. (GCMG) Q3 2023 Earnings Call Transcript

Grosvenor Capital Management, L.P. (NASDAQ:GCMG) Q3 2023 Earnings Conference Call November 8, 2023 9:30 AM ET Company Participants Stacie Selinger - Head-Investor Relations Michael Sacks - Chairman &...

1 year ago - Seeking Alpha

GCM Grosvenor Reports Third Quarter 2023 Earnings Results

CHICAGO, Nov. 08, 2023 (GLOBE NEWSWIRE) -- GCM Grosvenor (Nasdaq: GCMG) today reported its results for the third quarter 2023, which have been posted to the Public Shareholders section of GCM Grosveno...

1 year ago - GlobeNewsWire

Grosvenor Capital Management: An Attractive And Sustainable Dividend

GCM Grosvenor is a newly listed public company with a 50-year history and a well-established business. The company manages $76 billion in assets and has competitive advantages, including comprehensive...

1 year ago - Seeking Alpha

GCM Grosvenor Customized Infrastructure Strategies III Fund Holds Final Close as Firm Continues to See Strong Demand for Infrastructure Investments

CHICAGO, Oct. 31, 2023 (GLOBE NEWSWIRE) -- GCM Grosvenor (Nasdaq: GCMG), a leading global alternative asset management solutions provider, today announced that GCM Grosvenor Customized Infrastructure ...

1 year ago - GlobeNewsWire

Excolere Equity Partners Announces Firm's Launch and Strategic Investment from GCM Grosvenor

LOS ANGELES and CHICAGO, Oct. 25, 2023 (GLOBE NEWSWIRE) -- Excolere Equity Partners (“Excolere”), a leading buyout investor in the education and human capital management sectors, today announced a str...

1 year ago - GlobeNewsWire