The Goldman Sachs Group, Inc. (GS)
Market Cap | 124.74B |
Revenue (ttm) | 46.25B |
Net Income (ttm) | 7.91B |
Shares Out | 325.56M |
EPS (ttm) | 22.87 |
PE Ratio | 16.81 |
Forward PE | 10.93 |
Dividend | $11.00 (2.86%) |
Ex-Dividend Date | Feb 28, 2024 |
Volume | 1,246,632 |
Open | 388.65 |
Previous Close | 387.21 |
Day's Range | 383.41 - 389.03 |
52-Week Range | 289.36 - 397.49 |
Beta | 1.42 |
Analysts | Buy |
Price Target | 412.73 (+7.38%) |
Earnings Date | Apr 15, 2024 |
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 2023, GS's revenue was $46.25 billion, a decrease of -2.35% compared to the previous year's $47.37 billion. Earnings were $7.91 billion, a decrease of -26.54%.
Financial StatementsAnalyst Forecast
According to 17 analysts, the average rating for GS stock is "Buy." The 12-month stock price forecast is $412.73, which is an increase of 7.38% from the latest price.
News
Goldman Sachs banker Stephanie Cohen becomes latest female executive to leave firm
Cohen will become Cloudflare's first chief strategy officer, the cloud connectivity company said.
Goldman Sachs says it's cautious on India's non-banking financial sector
Rahul Jain, co-head of Asia financial research at the investment bank, discusses three factors behind that sentiment.
Goldman Sachs draws outperform rating from Daiwa on expected recovery in investment banking
Goldman Sachs Group Inc. was upgraded to outperform from neutral on Thursday at Daiwa Capital Markets on bullish expectations for the bank's Wall Street deal-making.
Goldman CEO says banks falling short on keeping women in senior-level roles: report
About two-thirds of the women who were partners at Goldman Sachs Group Inc. at the end of 2018 have since left the firm or no longer have the title.
Goldman Sachs Aims for $300 Billion Private Credit Portfolio
Goldman Sachs Asset Management is reportedly planning a major expansion of its private credit portfolio. The Wall Street giant aims to grow that portfolio to $300 billion in five years, up from $130 b...
Goldman and BNY Mellon Join Multi-Lender Blockchain Project
Goldman Sachs and BNY Mellon are reportedly delving deeper into the world of blockchain transactions. The two banks were among several firms that took part in a series of tests on a blockchain network...
This is still a time to let your winners run, says U.S. Bank's Eric Freedman
Eric Freedman, U.S. Bank Asset Management CIO, joins 'Squawk Box' to discuss the latest market trends ahead of the opening bell on Tuesday.
Goldman Sachs to more than double its private credit portfolio to $300 billion
Goldman Sachs Group Inc (NYSE: GS) is in focus this morning after announcing plans of more than doubling its private credit portfolio to $300 billion in five years.
Exclusive: Goldman Sachs seeks to expand private credit portfolio to $300 billion in five years
Goldman Sachs Asset Management, a unit of Goldman Sachs Group , aims to expand its private credit portfolio to $300 billion in five years from the current $130 billion, a senior executive said, laying...
Goldman Sachs forecasts share buybacks will exceed $1T by 2025
Goldman Sachs has lifted its US share buyback forecast for companies in the S&P 500 (^GSPC), projecting the total value will exceed $1 trillion for the first time in 2025. The firm cites that the grow...
U.S. bank profits drop 44% in Q4 as big firms cover failed bank costs
The U.S. banking sector saw its profits drop by nearly half in the last quarter of 2024, as large firms began paying hefty fees to help recoup costs incurred by several bank failures last spring, the ...
US banks far more exposed than Europeans to property crunch, says Morgan Stanley
Major European banks have been cutting their lending to commercial property and have half the exposure of their U.S. peers, making U.S. lenders more vulnerable as office prices plunge further, Morgan ...
Wall Street's biggest banks are beating investment-banking revenue estimates
A surge in equity capital markets and debt market activity is boosting investment banking revenue growth at the big five Wall Street banks past analyst estimates for the first quarter, analysts at Jef...
Office prices still need to drop 50% for housing conversion projects to work, says Goldman
Carnage in the office sector isn't yet bad enough to spur more housing development, according to a new Goldman Sachs report.
Wells Fargo's Mike Mayo offers his top bank stock picks
Mike Mayo, Wells Fargo, joins 'Closing Bell' to discuss his top bank stock picks and sector outlook.
Goldman Sachs and Abu Dhabi's Mubadala ink $1 billion partnership to invest in Asia Pacific
The $1 billion private credit partnership will co-invest in the Asia Pacific region, with a particular focus on India.
Longtime Goldman Sachs partners threaten to quit after committee snub: report
Two longtime Goldman Sachs partners have reportedly threatened to quit after they were passed over for a position on a top committee established under CEO David Solomon.
Goldman Exit Highlights Persistence of All-Male C-Suite
Beth Hammack's departure from Goldman Sachs Group Inc. jolted Wall Street because she was once seen as one of the most-likely candidates to break into the bank's all-male ranks of top executives -- an...
Inside the latest drama at Goldman Sachs that reportedly has some partners up in arms
Goldman Sachs recently established an investment-banking committee within its investment bank. But, according to a new Financial Times report, two top partners in the bank were left off.
Beth Hammack to Leave Goldman Sachs
Beth Hammack is calling it quits after 30 years at Goldman Sachs, according to people with knowledge of the matter. Hammack had been billed as one of the most likely candidates to break into Goldman's...
Trailing S&P500 By 18% Since The Start Of 2023, What To Expect From Goldman Sachs Stock?
Goldman Sachs' stock (NYSE: GS) has gained approximately 12% since the start of 2023 as compared to the 30% rise in the S&P500 index over the same period. Further, at its current price of $385 per sha...
Goldman Sachs CEO David Solomon got 24% raise, made $31M in 2023 despite profit slump
Goldman raised Solomon's pay despite its 24% fall in profits last year as well as the bank's ill-fated foray into commercial lending.
Goldman CEO David Solomon's pay rises to $31 million
CNBC's Leslie Picker joins ‘Money Movers' to report on Goldman Sach CEO David Solomon's pay bump.
Goldman Sachs CEO Solomon gets 24% pay bump to $31 million
Goldman Sachs CEO David Solomon was awarded $31 million in compensation for 2023, up 24% from $25 million in 2022, the company said in a filing on Friday.
US banks face $35 bln hit from 'Basel Endgame', says Oliver Wyman
U.S. banks could lose up to $35 billion in revenues in 2025 under current proposals for new capital rules that could "relevel the playing field" for European lenders, a study showed on Thursday.