The Goldman Sachs Group, Inc. (GS)
| Market Cap | 131.11B |
| Revenue (ttm) | 46.25B |
| Net Income (ttm) | 7.91B |
| Shares Out | 324.53M |
| EPS (ttm) | 22.87 |
| PE Ratio | 17.67 |
| Forward PE | 11.61 |
| Dividend | $11.00 (2.72%) |
| Ex-Dividend Date | May 30, 2024 |
| Volume | 2,797,042 |
| Open | 404.06 |
| Previous Close | 403.11 |
| Day's Range | 403.01 - 408.00 |
| 52-Week Range | 289.36 - 419.20 |
| Beta | 1.42 |
| Analysts | Buy |
| Price Target | 433.25 (+7.24%) |
| 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 20 analysts, the average rating for GS stock is "Buy." The 12-month stock price forecast is $433.25, which is an increase of 7.24% from the latest price.
News
Big banks have been a bright spot in tough week for markets
New bond deals totaling about $28.5 billion were issued by four of the nation's six largest banks: JP Morgan Chase & Co. JPM, +1.82%, Wells Fargo & Co. WFC, +2.77%, Goldman Sachs Group Inc. GS, +0.45%...
Bank deposits are 'the bogeyman' that could be a long-term problem, analyst says
Bank of America (BAC) and Morgan Stanley (MS) were the latest Big Bank stocks to report first-quarter earnings on Tuesday. Both topped earnings and revenue estimates, a trend consistent for major fina...
Higher deposit costs will weigh on the big banks, says Stephen Biggar
Stephen Biggar, Director of Financial Institutions Research at Argus Research, discusses earnings from Bank of America and Morgan Stanley.
Bank earnings: Goldman Sachs is 'off to a good start,' analyst says on Q1 results
As banks post their first quarter reports, Barclays Senior Equity Analyst Jason Goldberg joins Market Domination to share his call on Goldman Sachs' (GS) first quarter report — its "cleanest in a whil...
GS, META, GOOGL: Stocks to Watch
Stocks are pulling back from earlier highs. Pete Najarian discusses the Fed's fight against inflation.
Goldman was 'best of breed' in Q1 for capital markets, says Wells Fargo's Mayo
Mike Mayo, Wells Fargo managing director, joins 'Closing Bell' to discuss Mayo's thoughts on Goldman Sachs post-earnings, the overall bank sector, and more.
Goldman Sachs stock makes a 'ton of sense' after Q1 earnings, strategist says
Goldman Sachs (GS) reported first quarter earnings, beating analyst expectations on both the top and bottom lines. UBS's US Brokers and Asset Managers Analyst Brennan Hawken joins Yahoo Finance to dis...
Goldman Sachs (GS) Crushes Earnings & Apple (AAPL) iPhone Shipments Drop
Goldman Sachs (GS) rises after 1Q earnings crush estimates. It's adjusted EPS came in at $11.58 versus an estimated $8.54 and revenue came in at $14.21B versus an estimated $12.89B.
Goldman Earnings: Consumer Loan Net Charge-Offs Reach 8.4%
Goldman Sachs posted earnings on Monday (April 15) that illuminated a continued focus on Wall Street activities, while the firm continues to exit consumer-related banking activities.
Trade Tracker: Joe Terranova buys more Goldman Sachs
Joe Terranova, Senior Managing Director for Virtus Investment Partners, joins CNBC's "Halftime Report" to discuss his latest Goldman Sachs buy.
Goldman CEO expects AI to create financing boom due to demand for infrastructure
Goldman Sachs is expecting the development of artificial-intelligence technologies to create strong demand for infrastructure that will require financing and thus become a major tailwind for its busin...
Oppenheimer's Chris Kotowski breaks down Goldman Sachs' Q1 earnings
Chris Kotowski, Oppenheimer analyst, joins 'Squawk on the Street' to discuss Goldman Sachs' quarterly earnings results, how the bank measures with competition, and what to expect from the financials g...
Goldman Sachs Stock Surges as Investment Banking Boosts Earnings Above Estimates
Shares of Wall Street banking giant Goldman Sachs (GS) surged more than 4% in intraday trading Monday following the release of a first-quarter earnings report that handily beat analyst expectations on...
Goldman Sachs reports surprise profit surge thanks to strong trading, dealmaking
Goldman Sachs recorded a 28% surge in quarterly profits — topping Wall Street's expectations thanks to surprising strength in the bank's trading and investment banking operations. The Wall Street gian...
Wall Street Powers Goldman to Higher Quarterly Earnings
Revenue from investment banking and trading, the bank's traditional powerhouses, surged.
KBW CEO Michaud Sees Accelerated Bank Earnings in 2025
KBW CEO Tom Michaud examines first-quarter bank earnings, including firms' balance sheet advantage over non-banks and the bull case for an acceleration in bank earnings.
Wall Street Powers Goldman Sachs to Sharply Higher First-Quarter Earnings
Revenue from investment banking and trading, Goldman's traditional powerhouses, surged.
Goldman Sachs Posts Surprise First-Quarter Profit Jump
Goldman Sachs recorded a 28% jump in net income in the first quarter, in a surprise surge led by its traders. Sonali Basak reports on Bloomberg Television.
Goldman Sachs tops first-quarter estimates
CNBC's Leslie Picker joins ‘Squawk Box' to report on Goldman Sachs' quarterly earnings results.
Goldman crushes revenue and earnings forecasts as investment-banking fees soar
Goldman Sachs reported first-quarter earnings on Monday that trounced Wall Street's forecasts. The investment bank generated over $14 billion in net revenue and $11.58 in earnings per share.
Goldman Sachs surpasses Q1 earnings expectations, reports $14.21B in net revenues
Goldman Sachs Group (NYSE: GS), a leading global financial institution, has surpassed earnings expectations in its first-quarter financial results for 2024, showcasing robust performance across its va...
Goldman Sachs's stock soars 3.6% after earnings crush estimates
Goldman Sachs Group Inc.'s stock GS, -2.01% rose 3.6% in premarket trade Monday, after the bank . The New York-based bank posted net income of $3.93 billion, or $11.58 a share, for the quarter, up fro...
Goldman Sachs tops first-quarter estimates fueled by trading, investment banking
Goldman Sachs on Monday posted first-quarter profit and revenue that topped analysts' expectations, fueled by a surge in trading and investment banking revenue. The bank said profit jumped 28% to $4.1...
Goldman Sachs profit jumps 28% on investment banking strength
Goldman Sachs profit rose 28% in the first quarter, buoyed by a recovery in debt underwriting and dealmaking that boosted its investment banking unit, it reported on Monday.