GCM Grosvenor Inc (GCMG)
Market Cap | 1.75B |
Revenue (ttm) | 445.00M |
Net Income (ttm) | 12.77M |
Shares Out | 187.23M |
EPS (ttm) | -0.28 |
PE Ratio | n/a |
Forward PE | 13.07 |
Dividend | $0.44 (4.70%) |
Ex-Dividend Date | Feb 29, 2024 |
Volume | 5,888 |
Open | 9.32 |
Previous Close | 9.31 |
Day's Range | 9.32 - 9.41 |
52-Week Range | 6.56 - 9.70 |
Beta | 0.51 |
Analysts | Buy |
Price Target | 10.30 (+9.93%) |
Earnings Date | May 7, 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 $445.00 million, a decrease of -0.34% compared to the previous year's $446.53 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 $10.3, which is an increase of 9.93% from the latest price.
News
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...
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...
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...
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...
GCM Grosvenor to Announce Third Quarter 2023 Financial Results and Host Investor Conference Call on November 8, 2023
CHICAGO, Oct. 25, 2023 (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...
GCM Grosvenor to Join Vesper Energy as New Strategic Partner
IRVING, Texas , Sept. 13, 2023 /PRNewswire/ -- Vesper Energy, a developer, owner, and operator of utility-scale renewable energy assets, announced today that GCM Grosvenor (NASDAQ: GCMG) has committed...
GCM Grosvenor Reports Second Quarter 2023 with Private Markets Fee-Paying AUM Increasing 12% From Q2 2022 and $1.5 billion of Fundraising; Firm Increases Share Repurchase Plan to $115 million
CHICAGO, Aug. 09, 2023 (GLOBE NEWSWIRE) -- GCM Grosvenor (Nasdaq: GCMG), a leading global alternative asset management solutions provider, today reported results for the second quarter ended June 30, ...
GCM Grosvenor to Announce Second Quarter 2023 Financial Results and Host Investor Conference Call on August 9, 2023
CHICAGO, July 26, 2023 (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...
GCM Grosvenor to Present at the Morgan Stanley US Financials, Payments and CRE Conference on June 14, 2023
CHICAGO, May 31, 2023 (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 William Blair's 43rd Annual Growth Stock Conference on June 7, 2023
CHICAGO, May 25, 2023 (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 Reports First Quarter 2023 with AUM Increasing 5% and Private Markets Fee-Paying AUM Increasing 12% From First Quarter 2022
CHICAGO, May 10, 2023 (GLOBE NEWSWIRE) -- GCM Grosvenor (Nasdaq: GCMG), a leading global alternative asset management solutions provider, today reported results for the first quarter ended March 31, 2...
GCM Grosvenor Appointed Infrastructure Investments Partner by Wales Pension Partnership
CHICAGO, April 28, 2023 (GLOBE NEWSWIRE) -- GCM Grosvenor (Nasdaq: GCMG), a global alternative asset management solutions provider, announced today that it was appointed by the Wales Pension Partnersh...
GCM Grosvenor to Announce First Quarter 2023 Financial Results and Host Investor Conference Call on May 10, 2023
CHICAGO, April 26, 2023 (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 Opens Office in Australia, Expanding Presence in Asia-Pacific Region, and Hires Andy Lukas to Lead Australia/New Zealand Business Development Efforts
CHICAGO, March 30, 2023 (GLOBE NEWSWIRE) -- GCM Grosvenor (Nasdaq: GCMG), a global alternative asset management solutions provider, announced today that it is opening an office in Australia to serve a...
GreenPoint Announces Strategic Investment in Semi-Stow and Launches $500 million Truck and Trailer Industrial Outdoor Storage Platform
NEW YORK , March 8, 2023 /PRNewswire/ -- GreenPoint Partners ("GreenPoint" or the "firm"), an alternatives firm investing at the intersection of real assets, technology and sustainability, today annou...
GCM Grosvenor Reports Fourth Quarter and Full Year 2022 with Private Markets Management Fees Increasing 12% From 2021; Full Year Fundraising of $7.8 Billion and $1.5 billion Raised in Fourth Quarter; Firm Launches Sponsor Solutions with Elevate Strategy
CHICAGO, Feb. 14, 2023 (GLOBE NEWSWIRE) -- GCM Grosvenor (Nasdaq: GCMG), a leading global alternative asset management solutions provider, today reported results for the fourth quarter and full year e...
GCM Grosvenor to Present at the Bank of America Securities Financial Services Conference on February 16, 2023
CHICAGO, Feb. 02, 2023 (GLOBE NEWSWIRE) -- GCM Grosvenor (Nasdaq: GCMG), a global alternative asset management solutions provider, announced today that Pam Bentley, Chief Financial Officer of GCM Gros...
GCM Grosvenor to Announce Fourth Quarter and Full Year 2022 Financial Results and Host Investor Conference Call on February 14, 2023
CHICAGO, Jan. 31, 2023 (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...
GCM Grosvenor Secondary Opportunities Fund III Holds Final Close With 38% Greater Commitments Than Predecessor Fund
CHICAGO, Jan. 26, 2023 (GLOBE NEWSWIRE) -- GCM Grosvenor (Nasdaq: GCMG), a leading global alternative asset management solutions provider, today announced that the GCM Grosvenor Secondary Opportunitie...