GCM Grosvenor, Inc. (GCMG)
| Market Cap | 1.72B |
| Revenue (ttm) | 770.98M |
| Net Income (ttm) | 11.70M |
| Shares Out | 186.88M |
| EPS (ttm) | 0.21 |
| PE Ratio | 43.86 |
| Forward PE | 14.93 |
| Dividend | $0.33 (3.58%) |
| Ex-Dividend Date | Nov 30, 2021 |
| Volume | 421,110 |
| Open | 9.48 |
| Previous Close | 9.58 |
| Day's Range | 9.21 - 9.48 |
| 52-Week Range | 9.21 - 13.80 |
| Beta | 0.00 |
| Analysts | Buy |
| Price Target | 12.67 (+37.6%) |
| Earnings Date | Feb 23, 2022 |
About GCMG
Grosvenor Capital Management, L.P. 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 specialt...
Financial Performance
Financial StatementsAnalyst Forecast
According to 4 analysts, the average rating for GCM Grosvenor stock is "Buy." The 12-month stock price forecast is 12.67, which is an increase of 37.57% from the latest price.
News
GCM Grosvenor Makes Majority Investment in ReSource Waste Services
CHICAGO, Nov. 30, 2021 (GLOBE NEWSWIRE) -- GCM Grosvenor (NASDAQ: GCMG), a leading global alternative asset management solutions provider, announced today that it has entered into an agreement with ReEn...
GCM Grosvenor Reports Strong Third Quarter 2021, With $3 Billion of Fundraising and 20% Year-Over-Year Growth in Asse...
CHICAGO, Nov. 10, 2021 (GLOBE NEWSWIRE) -- GCM Grosvenor (Nasdaq: GCMG), a leading global alternative asset management solutions provider, today reported strong results for the third fiscal quarter ende...
GCM Grosvenor Raises $500 Million to Invest in Alternative Strategies as Part of GCM Grosvenor Insurance Solutions
CHICAGO, Nov. 08, 2021 (GLOBE NEWSWIRE) -- GCM Grosvenor (Nasdaq: GCMG), a global alternative asset management solutions provider, announced today that it has closed on a $500 million structured alterna...
GCM Grosvenor Hires Tom Hobson to Expand its Insurance Solutions Business
CHICAGO, Nov. 05, 2021 (GLOBE NEWSWIRE) -- GCM Grosvenor (Nasdaq: GCMG), a global alternative asset management solutions provider, announced today that Tom Hobson has joined the firm as a Managing Direc...
GCM Grosvenor Schedules Release of Third Quarter 2021 Financial Results and Investor Conference Call on November 10, ...
CHICAGO, Oct. 27, 2021 (GLOBE NEWSWIRE) -- GCM Grosvenor (Nasdaq: GCMG), a global alternative asset management solutions provider, announced today that it will release its results for the third quarter ...
5 Stocks for Higher Returns as Analysts Initiate Coverage
Increased analyst coverage over the past few weeks might lead to solid price appreciation for stocks like Alpha and Omega (AOSL), Preferred Apartment (APTS), Hut 8 Mining (HUT), GCM (GCMG) & Harmony Bio...
4 Stocks to Reap Solid Returns as Analysts Initiate Coverage
Increased analyst coverage over the past few weeks might lead to solid price appreciation for stocks like Preferred Apartment (APTS), GCM (GCMG), Aadi (AADI) & Vivint (VVNT).
GCM Grosvenor to Join Horizon as New Strategic Investor
COLUMBUS, Ohio, Aug. 24, 2021 /PRNewswire/ -- Horizon , a fiber-optic broadband company based in Columbus, Ohio, announces today that it and its shareholders have entered into an agreement with GCM Gro...
GCM Grosvenor Reports Strong Second Quarter 2021, Increases Dividend and Approves a Stock Repurchase Plan
Revenue to GCM Grosvenor increased 33% to $119.7 million and Fee-Related Revenue increased 13% to $84.9 million from the three months ended June 30, 2020 ("prior year QTD")
GCM Grosvenor to Present at UBS Financial Services Virtual Conference
CHICAGO, July 30, 2021 (GLOBE NEWSWIRE) -- GCM Grosvenor (Nasdaq: GCMG), a global alternative asset management solutions provider, announced today that Michael Sacks, GCM Grosvenor's Chairman and Chief ...
GCM Grosvenor Schedules Release of Second Quarter 2021 Financial Results and Investor Conference Call on August 10, 2021
CHICAGO, July 27, 2021 (GLOBE NEWSWIRE) -- GCM Grosvenor (Nasdaq: GCMG), a global alternative asset management solutions provider, announced today that it will release its results for the second quarter...
ArcLight Announces Successful Closing of Renewable Infrastructure Continuation Fund
BOSTON, July 8, 2021 /PRNewswire/ -- ArcLight Capital Partners, LLC ("ArcLight") announces the successful closing of ArcLight Renewable Infrastructure Fund SM SPV, L.P. (the "Fund"), ArcLight's first co...
GCM Grosvenor Announces J.B. Kiley Joined as Managing Director
CHICAGO, July 06, 2021 (GLOBE NEWSWIRE) -- GCM Grosvenor (Nasdaq: GCMG), a leading global alternative asset management solutions provider, announced today that it hired J.B. Kiley as a Managing Director...
GCM Grosvenor Announces Hiring of John Morrison and Creation of GCM Grosvenor Insurance Solutions
CHICAGO, June 28, 2021 (GLOBE NEWSWIRE) -- GCM Grosvenor (Nasdaq: GCMG), a leading global alternative asset management solutions provider, announced today that it will form GCM Grosvenor Insurance Solut...
GCM Grosvenor Added to Russell 2000 Index
CHICAGO, June 25, 2021 (GLOBE NEWSWIRE) -- GCM Grosvenor (Nasdaq: GCMG), a global alternative asset management solutions provider, announced that it joined the Russell 2000® Index after the equity marke...
GCM Grosvenor Announces Successful Closing of Incremental Term Loan and Expected Closing of Mosaic Assets Repurchase ...
Final Mosaic Purchase Price to Reflect $13 Million Discount to Repurchase Option Price Final Mosaic Purchase Price to Reflect $13 Million Discount to Repurchase Option Price
GCM Grosvenor Releases Labor and Economic Impact Report for its Labor Impact Fund
An Estimated $2.2 Billion of Regional Economic Impact Generated in Fiscal Year 2020 An Estimated $2.2 Billion of Regional Economic Impact Generated in Fiscal Year 2020
GCM Grosvenor Announces $85 Million Upsizing of Term Loan to Enable Repurchase of Mosaic Assets
CHICAGO, June 14, 2021 (GLOBE NEWSWIRE) -- GCM Grosvenor (Nasdaq: GCMG), a global alternative asset management solutions provider, announced today that it will seek to upsize its Term Loan by $85 millio...
Chuck Royce's Firm Makes Changes to 3 Positions in May
Royce Investment Partners revealed earlier this week it reduced one position, added to another and sold out of a holding in May.
GCM Grosvenor to Present at Morgan Stanley US Financials, Payments & CRE Conference
CHICAGO, June 03, 2021 (GLOBE NEWSWIRE) -- GCM Grosvenor (Nasdaq: GCMG), a global alternative asset management solutions provider, announced today that Michael Sacks, Chairman and Chief Executive Office...
GCM Grosvenor to Participate in William Blair Growth Stock Conference
CHICAGO, May 25, 2021 (GLOBE NEWSWIRE) -- GCM Grosvenor (Nasdaq: GCMG), a global alternative asset management solutions provider, announced today that Michael Sacks, Chairman and Chief Executive Officer...
GCM Grosvenor Reports Strong First Quarter Fiscal 2021 Results
CHICAGO, May 13, 2021 /PRNewswire/ -- GCM Grosvenor (Nasdaq: GCMG), a leading global alternative asset management solutions provider, today reported its results for the first fiscal quarter ended March ...
GCM Grosvenor Responds to SEC Guidance Relating to Warrants
CHICAGO, May 3, 2021 /PRNewswire/ -- GCM Grosvenor, Inc. (NASDAQ: GCMG) (or the "Company"), a global alternative asset management solutions provider, today announced in a Current Report on Form 8-K that...
GCM Grosvenor Exceeds $2 Billion Diverse Manager Allocation Target More Than One Year Ahead of Schedule
CHICAGO, April 29, 2021 /PRNewswire/ -- GCM Grosvenor (Nasdaq: GCMG), a global alternative asset management solutions provider, today announced that it has met its June 2019 stated objective of allocati...
GCM Grosvenor Expands in Canada
CHICAGO, April 26, 2021 (GLOBE NEWSWIRE) -- GCM Grosvenor (Nasdaq: GCMG), a leading global alternative asset management solutions provider, announced today that Brad Ballard and Lisa Griffith are joinin...