The Goldman Sachs Group, Inc. (GS)
Market Cap | 214.67B |
Revenue (ttm) | 52.16B |
Net Income (ttm) | 13.53B |
Shares Out | 338.21M |
EPS (ttm) | 40.54 |
PE Ratio | 15.66 |
Forward PE | 13.62 |
Dividend | $12.00 (1.89%) |
Ex-Dividend Date | Dec 2, 2024 |
Volume | 4,547,823 |
Open | 616.81 |
Previous Close | 625.94 |
Day's Range | 609.00 - 635.42 |
52-Week Range | 374.24 - 635.42 |
Beta | 1.38 |
Analysts | Buy |
Price Target | 591.06 (-6.88%) |
Earnings Date | Jan 15, 2025 |
About GS
The Goldman Sachs Group, Inc., a financial institution, provides a range of financial services for corporations, financial institutions, governments, and individuals worldwide. It operates through Global Banking & Markets, Asset & Wealth Management, and Platform Solutions segments. The Global Banking & Markets segment provides financial advisory services, including strategic advisory assignments related to mergers and acquisitions, divestitures, corporate defense activities, restructurings, and spin-offs; and relationship lending, and acquisiti... [Read more]
Financial Performance
In 2024, The Goldman Sachs Group's revenue was $52.16 billion, an increase of 15.34% compared to the previous year's $45.23 billion. Earnings were $13.53 billion, an increase of 72.16%.
Financial StatementsAnalyst Forecast
According to 17 analysts, the average rating for GS stock is "Buy." The 12-month stock price forecast is $591.06, which is a decrease of -6.88% from the latest price.
News
Goldman Sachs CEO David Solomon taps new generation of leaders in Wall Street revamp: ‘Very best'
Goldman Sachs CEO David Solomon promoted a slew of top bankers on Tuesday to run the firm's biggest business units, just days after the bank boss was awarded a pair of massive bonuses.
Goldman Sachs shakes up management, elevates next generation of executives to leadership roles
Goldman Sachs announced a series of leadership changes at the top of the bank on Tuesday. Among the changes, the bank expanded the ranks of its management committee.
Goldman Sachs Is Firing On All Cylinders (Technical Analysis)
Goldman Sachs stock has surged over 60% in the past year, with technicals and fundamentals indicating further bullish potential, justifying a buy rating. The stock is in a solid uptrend with multiple ...
Bank profit growth is just beginning: CFRA analyst
The financials sector is showcasing a strong earnings performance this season, as major banks Bank of America (BAC), Morgan Stanley (MS), Citigroup (C), JPMorgan Chase & Co. (JPM), Goldman Sachs (GS),...
The Score: Goldman Sachs, Nvidia, UnitedHealth and More Stocks That Defined the Week
Here are some of the major companies whose stocks moved on the week's news.
Goldman's David Solomon toasts 63rd birthday with $39M payday
The Wall Street veteran will also earn an $80 million retention bonus if he remains with the bank for another five years.
Goldman Sachs Gives Solomon $80 Million to Stay CEO Five More Years
Retention bonus, and big pay raise, quell any more questions about the CEO's ability to stay in place
Goldman Sachs Q4 Earnings: Business Downtrends Reversed, Industry Leadership Clear
The Goldman Sachs Group, Inc.'s FY 2024 earnings show strong revenue and net earnings growth, with operating expenses at 3-year lows and profit margins at 3-year highs. Equities and FICC segments with...
Goldman Sachs boosts CEO pay to $39 million, lines up five more years at helm
Goldman Sachs raised CEO David Solomon's compensation 26% to $39 million for last year, according to a filing, and its board lined up an $80 million stock retention bonus that signals he will stay at ...
Wall Street banks had a great quarter, and the boom times are just starting
American investment banks disclosed a record-smashing quarter, helped by surging trading activity around the U.S. election and a pickup in investment banking deal flow. JPMorgan Chase, Goldman Sachs a...
Goldman Sachs Stock May Be Pricey But Its One Of The Cheapest Ways For Investing In Capital Markets: Analyst
Keefe, Bruyette & Woods analyst David Konrad reiterated an Outperform rating on the shares of Goldman Sachs Group Inc GS and raised the price forecast to $690 from $686.
Goldman Sachs CEO Solomon says IPO market is 'going to pick up' along with dealmaking
Goldman Sachs CEO David Solomon told Cisco CEO Chuck Robbins in an on-stage event on Wednesday that the multi-year IPO drought should be coming to an end. "It's going to pick up," Solomon said, noting...
Exclusive: Apple in talks with Barclays, Synchrony to replace Goldman in credit card deal, sources say
Apple is in talks with Barclays to replace Goldman Sachs as the tech giant's credit card partner, said two sources familiar with the matter, as the Wall Street giant steps back from its consumer finan...
'Fast Money' traders talk bank stocks surging on earnings
The 'Fast Money' traders talk today's market rally, bank earnings, and more.
Big US Banks See Profits Surge
Big US banks had a great quarter. The four giant lenders that reported full-year results Wednesday notched their second-most profitable year ever in 2024, trailing only Joe Biden's first year as presi...
3-Stock Lunch: Goldman Sachs, Snap and Trade Desk Inc
Will McGough, Prime Capital Financial director of investments, joins 'Power Lunch' to discuss stock plays for three stocks.
Goldman Sachs Reports Possible End to Apple Partnership Amid Narrowing of Strategic Focus
Goldman Sachs' partnership with Apple that manages the Apple Card may end before 2030, Goldman Sachs CEO David Solomon said Wednesday (Jan. 15).
Earnings show banks moving from 'challenged' to 'better,' says UBS' Erika Najarian
Erika Najarian, research analyst at UBS, joins CNBC's 'The Exchange' to discuss bank earnings, expectations for the industry in the coming months, and more.
The Goldman Sachs Group, Inc. (GS) Q4 2024 Earnings Call Transcript
The Goldman Sachs Group, Inc. (NYSE:GS) Q4 2024 Earnings Conference Call January 15, 2025 9:30 AM ET Company Participants David Solomon - Chairman & CEO Denis Coleman - CFO Conference Call Participan...
Goldman Sachs Forms Capital Solutions Group to Grow Private Credit Business
Goldman Sachs Group has created a Capital Solutions Group that will bring together its financing, origination, structuring and risk management solutions in its Global Banking & Markets business. The g...
Nasdaq Surges Over 2%; Goldman Sachs Posts Upbeat Q4 Results
U.S. stocks traded higher midway through trading, with the Nasdaq Composite gaining more than 2% on Wednesday.