GCM Grosvenor Inc (GCMG)

NASDAQ: GCMG · IEX Real-Time Price · USD
9.37
+0.06 (0.64%)
Apr 26, 2024, 10:35 AM EDT - Market open
0.64%
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]

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

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 Statements

Analyst 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.

Price Target
$10.3
(9.93% upside)
Analyst Consensus: Buy
Stock Forecasts

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...

3 days 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...

2 months ago - GlobeNewsWire

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 ...

2 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...

2 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...

3 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...

4 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...

5 months ago - GlobeNewsWire

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...

6 months ago - GlobeNewsWire

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 ...

6 months 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...

6 months ago - GlobeNewsWire

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...

6 months ago - GlobeNewsWire

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...

8 months ago - PRNewsWire

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, ...

9 months ago - GlobeNewsWire

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...

9 months ago - GlobeNewsWire

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...

11 months ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

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...

1 year ago - PRNewsWire

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...

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire