GCM Grosvenor Inc. (GCMG)
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]
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 StatementsAnalyst 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.
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...
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...
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...
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 ...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
Grosvenor Capital Management, L.P. (GCMG) Q4 2023 Earnings Call Transcript
Grosvenor Capital Management, L.P. (GCMG) Q4 2023 Earnings Call Transcript
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 ...
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...
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...
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...
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...
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 &...
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...
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...
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 ...
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...