GCM Grosvenor (NASDAQ:GCMG - Get Free Report) is projected to post its Q1 2025 quarterly earnings results before the market opens on Wednesday, May 7th. Analysts expect GCM Grosvenor to post earnings of $0.20 per share and revenue of $125.67 million for the quarter.
GCM Grosvenor (NASDAQ:GCMG - Get Free Report) last posted its earnings results on Monday, February 10th. The company reported $0.21 earnings per share for the quarter, missing the consensus estimate of $0.22 by ($0.01). GCM Grosvenor had a net margin of 3.64% and a negative return on equity of 101.23%. On average, analysts expect GCM Grosvenor to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.
GCM Grosvenor Stock Performance
Shares of NASDAQ GCMG traded down $0.03 during midday trading on Monday, reaching $12.72. 60,104 shares of the stock were exchanged, compared to its average volume of 277,898. The stock has a market capitalization of $2.41 billion, a P/E ratio of 424.17 and a beta of 0.74. The company has a 50 day simple moving average of $12.88 and a 200 day simple moving average of $12.71. GCM Grosvenor has a twelve month low of $9.25 and a twelve month high of $14.48.
GCM Grosvenor Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Monday, March 17th. Shareholders of record on Monday, March 3rd were paid a dividend of $0.11 per share. The ex-dividend date of this dividend was Monday, March 3rd. This represents a $0.44 annualized dividend and a yield of 3.46%. GCM Grosvenor's dividend payout ratio (DPR) is 1,466.67%.
Analysts Set New Price Targets
A number of equities analysts have recently weighed in on GCMG shares. Piper Sandler lowered their price target on GCM Grosvenor from $16.00 to $14.50 and set an "overweight" rating for the company in a report on Tuesday, April 8th. UBS Group boosted their price target on shares of GCM Grosvenor from $13.00 to $14.00 and gave the company a "neutral" rating in a research note on Wednesday, February 19th. Three analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of "Hold" and a consensus price target of $14.20.
Check Out Our Latest Stock Report on GCM Grosvenor
About GCM Grosvenor
(
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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.
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