Should I buy or sell The Goldman Sachs Group stock right now?

18 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for The Goldman Sachs Group in the last year. There are currently 6 hold ratings and 12 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" GS shares. View GS analyst ratings or view top-rated stocks .

What is The Goldman Sachs Group's stock price target for 2024?

18 analysts have issued twelve-month price objectives for The Goldman Sachs Group's shares. Their GS share price targets range from $329.00 to $468.00. On average, they expect the company's stock price to reach $393.76 in the next twelve months. This suggests a possible upside of 13.0% from the stock's current price. View analysts price targets for GS or view top-rated stocks among Wall Street analysts .

How have GS shares performed in 2023?

The Goldman Sachs Group's stock was trading at $343.38 at the beginning of the year. Since then, GS shares have increased by 1.5% and is now trading at $348.43. View the best growth stocks for 2023 here .

Are investors shorting The Goldman Sachs Group?

The Goldman Sachs Group saw a increase in short interest in November. As of November 15th, there was short interest totaling 4,090,000 shares, an increase of 13.3% from the October 31st total of 3,610,000 shares. Based on an average daily volume of 1,940,000 shares, the short-interest ratio is currently 2.1 days. Approximately 1.3% of the company's stock are sold short. View The Goldman Sachs Group's Short Interest .

When is The Goldman Sachs Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, January 16th 2024. View our GS earnings forecast .

How were The Goldman Sachs Group's earnings last quarter?

The Goldman Sachs Group, Inc. (NYSE:GS) posted its quarterly earnings results on Tuesday, October, 17th. The investment management company reported $5.47 earnings per share for the quarter, topping the consensus estimate of $5.42 by $0.05. The investment management company had revenue of $11.82 billion for the quarter, compared to analysts' expectations of $11.15 billion. The Goldman Sachs Group had a trailing twelve-month return on equity of 7.37% and a net margin of 7.77%. The company's revenue for the quarter was down 1.3% compared to the same quarter last year. During the same quarter in the prior year, the company posted $8.25 EPS. Read the conference call transcript .

How often does The Goldman Sachs Group pay dividends? What is the dividend yield for The Goldman Sachs Group?

The Goldman Sachs Group announced a quarterly dividend on Thursday, October 12th. Shareholders of record on Thursday, November 30th will be given a dividend of $2.75 per share on Thursday, December 28th. This represents a $11.00 annualized dividend and a dividend yield of 3.16%. The ex-dividend date of this dividend is Wednesday, November 29th. Read our dividend analysis for GS .

Is The Goldman Sachs Group a good dividend stock?

The Goldman Sachs Group (NYSE:GS) pays an annual dividend of $11.00 per share and currently has a dividend yield of 3.16%. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 53.24%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, GS will have a dividend payout ratio of 33.92% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for GS .

What ETFs hold The Goldman Sachs Group's stock?

ETFs with the largest weight of The Goldman Sachs Group (NYSE:GS) stock in their portfolio include iShares U.S. Broker-Dealers & Securities Exchanges ETF (IAI) , Invesco KBW Bank ETF (KBWB) , Nationwide Dow Jones Risk Managed Income ETF (NDJI) , Global X Dow 30 Covered Call ETF (DJIA) , SPDR Dow Jones Industrial Average ETF Trust (DIA) , ProShares Ultra Dow30 (DDM) , Amplify YieldShares CWP Dividend & Option Income ETF (DIVO) and ProShares UltraPro Dow30 (UDOW) .

What is David M. Solomon's approval rating as The Goldman Sachs Group's CEO?

811 employees have rated The Goldman Sachs Group Chief Executive Officer David M. Solomon on Glassdoor.com . David M. Solomon has an approval rating of 91% among the company's employees. This puts David M. Solomon in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of The Goldman Sachs Group own?

Based on aggregate information from My MarketBeat watchlists, some companies that other The Goldman Sachs Group investors own include JPMorgan Chase & Co. (JPM) , NVIDIA (NVDA) , Bank of America (BAC) , Walt Disney (DIS) , Alibaba Group (BABA) , Netflix (NFLX) , Boeing (BA) , Citigroup (C) , Johnson & Johnson (JNJ) and Intel (INTC) .

Who are The Goldman Sachs Group's major shareholders?

The Goldman Sachs Group's stock is owned by many different institutional and retail investors. Top institutional shareholders include Morgan Stanley (1.75%), Massachusetts Financial Services Co. MA (1.58%), Bank of New York Mellon Corp (1.26%), Northern Trust Corp (1.02%), Invesco Ltd. (0.86%) and Greenhaven Associates Inc. (0.71%). Insiders that own company stock include Brian J Lee , David A Viniar, David M Solomon , Ericka T Leslie , Goldman Sachs Group Inc, John E Waldron , John FW Rogers , Kathryn H Ruemmler , Laurence Stein , Philip R Berlinski and Stephen M Scherr . View institutional ownership trends .

How do I buy shares of The Goldman Sachs Group?

Shares of GS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull , Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here .

Does The Goldman Sachs Group have any subsidiaries?

The following companies are subsidiares of The Goldman Sachs Group: ALQ Holdings (Del) LLC, ALQ Holdings (Singapore) Pte. Ltd., Asia Investing Holdings Pte. Ltd., BSPI Holdings L.L.C., BSPI Intermediate Holdings L.L.C., Bond Street, Boyd Corporation, Broad Street Credit Holdings LLC, Broad Street Investments Holding (Singapore) PTE. Ltd., Broad Street Principal Investments L.L.C., Broad Street Principal Investments Superholdco LLC, Capital Vision Services, Carver Korea, Clarity Money, ClearFactr, ELQ Investors VI Ltd, ELQ Investors VIII Ltd, ELQ Lux Holding S.A R.L., Final, Financeit, Folio Institutional, GLQ Holdings (UK) Ltd, GLQ International Holdings Ltd, GLQ International Partners LP, GLQC S.A R.L., GS Asian Venture (Delaware) L.L.C., GS Diversified Funding LLC, GS European Funding S.A R.L., GS Financial Services II LLC, GS Financial Services L.P. (Del), GS Fund Holdings L.L.C., GS Funding Europe, GS Funding Europe I Ltd., GS Funding Europe V Limited, GS Funding Europe VI Ltd, GS Lending Partners Holdings LLC, GS Sponsor LLC, GSAM Holdings LLC, GSSG Holdings LLC, General Motors - Credit Card Business, Genesis Capital LLC, Global Consumer Products, Goldman Sachs & Co. LLC, Goldman Sachs (Asia) Corporate Holdings L.L.C., Goldman Sachs (Asia) Finance, Goldman Sachs (Asia) L.L.C., Goldman Sachs (Cayman) Holding Company, Goldman Sachs (Japan) Ltd., Goldman Sachs (UK) L.L.C., Goldman Sachs Asset Management International, Goldman Sachs Asset Management L.P., Goldman Sachs Australia Pty Ltd, Goldman Sachs Bank Europe SE, Goldman Sachs Bank USA, Goldman Sachs Equity Investments (Singapore) Pte. Ltd., Goldman Sachs Financial Markets Pty Ltd, Goldman Sachs Funding LLC, Goldman Sachs Gao Hua Securities, Goldman Sachs Group Holdings (U.K.) Limited, Goldman Sachs Group UK Limited, Goldman Sachs Holdings (Asia Pacific) Limited, Goldman Sachs Holdings (Hong Kong) Limited, Goldman Sachs Holdings (Singapore) Pte. Ltd., Goldman Sachs Holdings ANZ Pty Limited, Goldman Sachs International, Goldman Sachs International Bank, Goldman Sachs Japan Co. Ltd., Goldman Sachs LLC, Goldman Sachs Lending Partners LLC, Goldman Sachs Mortgage Company, Goldman Sachs PSI Global Holdings LLC, Goldman Sachs UK Funding Limited, GreenSky, Honest Dollar, Horizon Fund, Horizon Fundo De Investimento Multimercado Credito Privado — Investimento No Exterior, Hull Group, Hull Trading Asia Limited, J. Aron & Company (Singapore) Pte., J. Aron & Company LLC, Jade Dragon ANZ Investments Pte. Ltd., MTGLQ Investors L.P., Meilleurtaux.com, Mellon Ventures, Mercer Investments (Singapore) Pte. Ltd., Murray Street Corporation, NN Investment Partners, Pacific Global Advisors, Pantor, Slickdeals, Spear Leeds & Kellogg, Special Situations Investing Group II LLC, Special Situations Investing Group III Inc., Sphere Fund, Sphere Fundo De Investimento Multimercado — Investimento No Exterior Credito Privado, The Goldman Sachs Group Inc., Titanium Luxco 2 S.A R.L., Titanium UK Holdco 1 Limited, USI Holding, United Capital, United Capital Financial Advisers, Wall Street, and YOHO Manipal. Read More

The Goldman Sachs Group Stock Price, News & Analysis (NYSE:GS)

$347.33

-1.10 (-0.32%)

(As of 11:33 AM ET)

Compare

Today's Range: $345.29
▼
$350.49
50-Day Range: $289.90
▼
$348.59
52-Week Range: $289.36
▼
$379.68

Volume: 440,436 shs
Average Volume: 2.35 million shs
Market Capitalization: $113.27 billion

P/E Ratio: 16.81
Dividend Yield: 3.17%
Price Target: $393.76

The Goldman Sachs Group MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.67 Rating Score
Upside/Downside: 13.0% Upside
$393.76 Price Target
Short Interest: Healthy
1.26% of Float Sold Short
Dividend Strength: Moderate
Based on Four Factors
Sustainability: -0.40
Upright™ Environmental Score
News Sentiment: 0.57
Based on 38 Articles This Week
Insider Trading: Selling Shares
$512,907 Sold Last Quarter
Proj. Earnings Growth: 41.12%
From $22.98 to $32.43 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.92 out of 5 stars

Finance Sector

52nd out of 846 stocks

Security Brokers & Dealers Industry

4th out of 29 stocks

3.3

Analyst's Opinion

Consensus Rating
The Goldman Sachs Group has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 12 buy ratings, 6 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $393.76, The Goldman Sachs Group has a forecasted upside of 13.0% from its current price of $348.43.
Amount of Analyst Coverage
The Goldman Sachs Group has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

3.0

Short Interest

Percentage of Shares Shorted
1.26% of the float of The Goldman Sachs Group has been sold short.
Short Interest Ratio / Days to Cover
The Goldman Sachs Group has a short interest ratio ("days to cover") of 2.1, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in The Goldman Sachs Group has recently increased by 13.30%, indicating that investor sentiment is decreasing significantly.

2.5

Dividend Strength

Dividend Yield
The Goldman Sachs Group pays a meaningful dividend of 3.16%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
The Goldman Sachs Group has only been increasing its dividend for 3 years.
Dividend Coverage
The dividend payout ratio of The Goldman Sachs Group is 53.24%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, The Goldman Sachs Group will have a dividend payout ratio of 33.92% next year. This indicates that The Goldman Sachs Group will be able to sustain or increase its dividend.

3.0

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
The Goldman Sachs Group has received a 27.48% net impact score from Upright. Goldman Sachs seems to create the most significant positive value in categories "Taxes", "Distributing knowledge", and "Societal infrastructure". The positive contribution in the "Distributing knowledge" impact category is mostly driven by its "Market and investment data services", "Securities brokerage services", and "Commodity brokerage services" products. See details.
Environmental Sustainability
The Environmental Impact score for The Goldman Sachs Group is -0.40.

2.0

News and Social Media Coverage

News Sentiment
The Goldman Sachs Group has a news sentiment score of 0.57. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Finance companies.
News Coverage This Week
MarketBeat has tracked 38 news articles for The Goldman Sachs Group this week, compared to 34 articles on an average week.
Search Interest
Only 51 people have searched for GS on MarketBeat in the last 30 days. This is a decrease of -16% compared to the previous 30 days.
MarketBeat Follows
Only 51 people have added The Goldman Sachs Group to their MarketBeat watchlist in the last 30 days. This is a decrease of -41% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, The Goldman Sachs Group insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $512,907.00 in company stock.
Percentage Held by Insiders
Only 0.54% of the stock of The Goldman Sachs Group is held by insiders.
Percentage Held by Institutions
69.06% of the stock of The Goldman Sachs Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.1

Earnings and Valuation

Earnings Growth
Earnings for The Goldman Sachs Group are expected to grow by 41.12% in the coming year, from $22.98 to $32.43 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of The Goldman Sachs Group is 16.86, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 105.31.
Price to Earnings Ratio vs. Sector
The P/E ratio of The Goldman Sachs Group is 16.86, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 44.35.
Price to Earnings Growth Ratio
The Goldman Sachs Group has a PEG Ratio of 2.05. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
The Goldman Sachs Group has a P/B Ratio of 1.10. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About The Goldman Sachs Group Stock (NYSE:GS)

The Goldman Sachs Group, Inc. was founded in 1869 by Marcus Goldman as an investment bank catering to institutions and businesses. Among the firm's first products are the revolutionary use of commercial paper for entrepreneurs which opened a new method of finance for business and industry.

The original firm expanded to Goldman Sachs in 1882 with the inclusion of son-in-law Samuel Sachs and again in 1885 with a son and another son-in-law. The firm joined the New York Stock Exchange in 1896 expanding into trading of its own and in 1898 it was worth $1.6 million. The company began its work in the IPO market in 1906 with the initial public offering of Sears, Roebuck & Co., and then moved on to Ford and other prominent names of the time.

The 1930s brings a change of leadership and a new direction for the firm. The company shifted toward a purer play on investment banking and embarks on a campaign of acquisition that lasted until the present day. The company doesn’t go public itself until 1999 and from that point on it will change into a bank holding company that not only offers investment banking services but takes deposits too, and in 2016 the company added consumer banking to its list of services.

Today, Goldman Sachs is a financial institution that provides a range of financial services for corporations, institutions, governments, and individuals globally. The company operates through four segments that include Investment Banking, Global Markets, Asset Management, and Consumer & Wealth Management. According to US banking regulations, it is systemically important to the financial health of America.

The company is headquartered in New York, New York, and operates 6 regional headquarters as well. Regional headquarters are located in financial hotspots such as London, Hong Kong, Tokyo, Bangalore, and Warsaw. Among its many prominent CEOs are John Corzine and Hank Paulson who both went on to successful work in government.

The company's Investment Banking segment provides a full range of financial advisory services as well as underwriting for the public markets. The financial advisory services include but are not limited to strategic advisory for mergers and acquisitions, divestiture, restructuring, and spin-offs. This segment is also engaged in middle-market lending and transaction banking. Underwriting services include IPOs, preferred stock, debt instruments, and bridge loans.

Goldman Sachs Global Markets segment facilitates market transactions for institutions, banks, brokerages, corporations, and governments. Services include execution, derivatives, financing, clearing, settlement, and custody.

The Asset Management segment manages client portfolios across the investment spectrum while the Consumer & Wealth Management segment provides advisory and banking services to consumers.

GS Stock Price History

30 days | 90 days | 365 days | Advanced Chart

GS Stock News Headlines

November 27, 2023 | marketbeat.com

Foot Locker's Soles in Motion: Navigating Market Turbulence (GS)

Unravel Foot Locker's strategic response to fierce competition among retail giants and their cutting-edge advancements in a dynamic market landscape.

November 27, 2023 | marketbeat.com

Give up the OPEC fight with these 3 stocks, Buffett-certified (GS)

These three winners make sense from both a macro and micro view, analysts will confirm the trends bringing you double-digit upside this quarter

December 4, 2023 | DTI Trader (Ad)

New CBOE “special perk” helps traders target income every weekend

You might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange.

November 27, 2023 | marketbeat.com

At these prices, the only way these stocks can move is up (GS)

These stocks have no reason to be this cheap, but you shouldn't waste your time finding out why this is so, when you can follow this logic instead

November 20, 2023 | marketbeat.com

Here's your e-commerce stock bundle for the holidays (GS)

The 2023 holiday shopping season has arrived, and more consumers will be doing their shopping online, which should benefit these e-commerce stocks

November 7, 2023 | marketbeat.com

Banking and trucking: Is the economy rolling toward troubles? (GS)

The seizure of an Iowa bank rippled through the banking sector. Bad loans were due to the troubled trucking industry, signaling possible economic woes ahead.

December 4, 2023 | ft.com

Ex-Goldman Sachs analyst aware of insider dealing ‘perils’, says prosecution

December 3, 2023 | benzinga.com

Apple's Break With Goldman Sachs, iCloud Security Concerns, Vision Pro Cost Cuts And More: This Week In Appleverse

December 4, 2023 | DTI Trader (Ad)

New CBOE “special perk” helps traders target income every weekend

You might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange.

December 2, 2023 | msn.com

Goldman Sachs expects the Bank of Korea to start cutting interest rates before the Fed

December 2, 2023 | americanbankingnews.com

The Goldman Sachs Group, Inc. (NYSE:GS) Receives Average Rating of "Moderate Buy" from Brokerages

December 2, 2023 | wsj.com

A Divorce With Apple, Internal Strife: How Goldman's Main Street Bet Failed

December 1, 2023 | marketwatch.com

The Ratings Game: Here’s why analyst Richard Bove thinks the return of ‘the Goldman Sachs of old’ is the right move

December 1, 2023 | msn.com

Here’s why analyst Richard Bove thinks the return of ‘the Goldman Sachs of old’ is the right move

December 1, 2023 | finance.yahoo.com

Should You Invest in Goldman (GS) Based on Bullish Wall Street Views?

November 30, 2023 | cnbc.com

Goldman Sachs loves this sub-sector in China — and names 3 stocks to buy

November 30, 2023 | ft.com

Ex-Goldman analyst and lawyer brother go on trial for insider dealing

November 30, 2023 | benzinga.com

CNO Financial Group to Present at the 2023 Goldman Sachs Financial Services Conference on December 5th

November 30, 2023 | msn.com

Goldman Sachs analyst used inside information for profit, London court told

November 29, 2023 | msn.com

Apple wants to cut ties with Goldman Sachs — here's what this means if you have an Apple Savings Account

November 29, 2023 | finance.yahoo.com

25 Cities With Highest Percentage Of Asian American Population

November 29, 2023 | msn.com

Goldman Sachs (GS) Stock Sinks As Market Gains: Here's Why

November 29, 2023 | americanbankingnews.com

Stock Traders Buy Large Volume of Call Options on The Goldman Sachs Group (NYSE:GS)

November 28, 2023 | benzinga.com

Apple Calls Off Credit Card Tie-Up With Goldman Sachs, Sets 12-15 Month Timeline For Split: WSJ

November 28, 2023 | fortune.com

Apple plans to end a credit card partnership with Goldman Sachs that it once touted as a blockbuster new business

November 28, 2023 | msn.com

Apple scotches credit-card partnership with Goldman Sachs: report

November 28, 2023 | macrumors.com

Apple Ending Apple Card Partnership With Goldman Sachs

See More Headlines

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Company Calendar

Ex-Dividend for 9/28 Dividend: 8/30/2023
Dividend Payable: 9/28/2023
Last Earnings: 10/17/2023
Ex-Dividend for 12/28 Dividend: 11/29/2023
Today: 12/04/2023
Dividend Payable: 12/28/2023
Fiscal Year End: 12/31/2023
Next Earnings (Estimated): 1/16/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Security brokers & dealers
Sub-Industry: Investment Banking & Brokerage
Sector: Finance
Current Symbol: NYSE:GS
CUSIP: 38141G10
CIK: 886982
Web: www.goldmansachs.com
Phone: (212) 902-1000
Fax: 212-902-3000
Employees: 48,500
Year Founded: 1869

Price Target and Rating

Average Stock Price Target: $393.76
High Stock Price Target: $468.00
Low Stock Price Target: $329.00
Potential Upside/Downside: +12.8%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.67
Research Coverage: 18 Analysts

Profitability

EPS (Most Recent Fiscal Year): $20.66
Trailing P/E Ratio: 16.89
Forward P/E Ratio: 15.19
P/E Growth: 2.05
Net Income: $11.26 billion
Net Margins: 7.77%
Pretax Margin: 9.93%
Return on Equity: 7.37%
Return on Assets: 0.51%

Debt

Debt-to-Equity Ratio: 2.11
Current Ratio: 0.77
Quick Ratio: 0.77

Sales & Book Value

Annual Sales: $68.71 billion
Price / Sales: 1.66
Cash Flow: $41.01 per share
Price / Cash Flow: 8.51
Book Value: $317.95 per share
Price / Book: 1.10

Miscellaneous

Outstanding Shares: 326,110,000
Free Float: 324,351,000
Market Cap: $113.81 billion
Optionable: Optionable
Beta: 1.44

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Key Executives

Mr. David Solomon (Age 61)
Chairman & CEO
Comp: $9.21M
Mr. John E. Waldron (Age 53)
President & COO
Comp: $10.85M
Mr. Denis P. Coleman III (Age 48)
Chief Financial Officer
Comp: $9.07M
Ms. Kathryn H. Ruemmler (Age 51)
Chief Legal Officer, Secretary & General Counsel
Comp: $5.77M
Mr. Philip R. Berlinski (Age 46)
Global Treasurer
Comp: $9.55M
Mr. J. D. Gardner
Director
Ms. Sheara J. Fredman (Age 47)
Controller & Chief Accounting Officer
F. X. De Mallmann
Chair of Investment Banking
Mr. Atte Lahtiranta
Partner & Chief Technology Officer
Mr. Marco Argenti
Partner & Chief Information Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

GS Stock Analysis - Frequently Asked Questions

Should I buy or sell The Goldman Sachs Group stock right now?: 18 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for The Goldman Sachs Group in the last year. There are currently 6 hold ratings and 12 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" GS shares.
View GS analyst ratings or view top-rated stocks.
What is The Goldman Sachs Group's stock price target for 2024?: 18 analysts have issued twelve-month price objectives for The Goldman Sachs Group's shares. Their GS share price targets range from $329.00 to $468.00. On average, they expect the company's stock price to reach $393.76 in the next twelve months. This suggests a possible upside of 13.0% from the stock's current price.
View analysts price targets for GS or view top-rated stocks among Wall Street analysts.
How have GS shares performed in 2023?: The Goldman Sachs Group's stock was trading at $343.38 at the beginning of the year. Since then, GS shares have increased by 1.5% and is now trading at $348.43.
View the best growth stocks for 2023 here.
Are investors shorting The Goldman Sachs Group?: The Goldman Sachs Group saw a increase in short interest in November. As of November 15th, there was short interest totaling 4,090,000 shares, an increase of 13.3% from the October 31st total of 3,610,000 shares. Based on an average daily volume of 1,940,000 shares, the short-interest ratio is currently 2.1 days. Approximately 1.3% of the company's stock are sold short.
View The Goldman Sachs Group's Short Interest.
When is The Goldman Sachs Group's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, January 16th 2024.
View our GS earnings forecast.
How were The Goldman Sachs Group's earnings last quarter?: The Goldman Sachs Group, Inc. (NYSE:GS) posted its quarterly earnings results on Tuesday, October, 17th. The investment management company reported $5.47 earnings per share for the quarter, topping the consensus estimate of $5.42 by $0.05. The investment management company had revenue of $11.82 billion for the quarter, compared to analysts' expectations of $11.15 billion. The Goldman Sachs Group had a trailing twelve-month return on equity of 7.37% and a net margin of 7.77%. The company's revenue for the quarter was down 1.3% compared to the same quarter last year. During the same quarter in the prior year, the company posted $8.25 EPS.
Read the conference call transcript.
How often does The Goldman Sachs Group pay dividends? What is the dividend yield for The Goldman Sachs Group?: The Goldman Sachs Group announced a quarterly dividend on Thursday, October 12th. Shareholders of record on Thursday, November 30th will be given a dividend of $2.75 per share on Thursday, December 28th. This represents a $11.00 annualized dividend and a dividend yield of 3.16%. The ex-dividend date of this dividend is Wednesday, November 29th.
Read our dividend analysis for GS.
Is The Goldman Sachs Group a good dividend stock?: The Goldman Sachs Group (NYSE:GS) pays an annual dividend of $11.00 per share and currently has a dividend yield of 3.16%. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 53.24%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, GS will have a dividend payout ratio of 33.92% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for GS.

What ETFs hold The Goldman Sachs Group's stock?: ETFs with the largest weight of The Goldman Sachs Group (NYSE:GS) stock in their portfolio include iShares U.S. Broker-Dealers & Securities Exchanges ETF (IAI), Invesco KBW Bank ETF (KBWB), Nationwide Dow Jones Risk Managed Income ETF (NDJI), Global X Dow 30 Covered Call ETF (DJIA), SPDR Dow Jones Industrial Average ETF Trust (DIA), ProShares Ultra Dow30 (DDM), Amplify YieldShares CWP Dividend & Option Income ETF (DIVO) and ProShares UltraPro Dow30 (UDOW).
What is David M. Solomon's approval rating as The Goldman Sachs Group's CEO?: 811 employees have rated The Goldman Sachs Group Chief Executive Officer David M. Solomon on Glassdoor.com. David M. Solomon has an approval rating of 91% among the company's employees. This puts David M. Solomon in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.
What other stocks do shareholders of The Goldman Sachs Group own?: Based on aggregate information from My MarketBeat watchlists, some companies that other The Goldman Sachs Group investors own include JPMorgan Chase & Co. (JPM), NVIDIA (NVDA), Bank of America (BAC), Walt Disney (DIS), Alibaba Group (BABA), Netflix (NFLX), Boeing (BA), Citigroup (C), Johnson & Johnson (JNJ) and Intel (INTC).
Who are The Goldman Sachs Group's major shareholders?: The Goldman Sachs Group's stock is owned by many different institutional and retail investors. Top institutional shareholders include Morgan Stanley (1.75%), Massachusetts Financial Services Co. MA (1.58%), Bank of New York Mellon Corp (1.26%), Northern Trust Corp (1.02%), Invesco Ltd. (0.86%) and Greenhaven Associates Inc. (0.71%). Insiders that own company stock include Brian J Lee, David A Viniar, David M Solomon, Ericka T Leslie, Goldman Sachs Group Inc, John E Waldron, John FW Rogers, Kathryn H Ruemmler, Laurence Stein, Philip R Berlinski and Stephen M Scherr.
View institutional ownership trends.
How do I buy shares of The Goldman Sachs Group?: Shares of GS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
Does The Goldman Sachs Group have any subsidiaries?: The following companies are subsidiares of The Goldman Sachs Group: ALQ Holdings (Del) LLC, ALQ Holdings (Singapore) Pte. Ltd., Asia Investing Holdings Pte. Ltd., BSPI Holdings L.L.C., BSPI Intermediate Holdings L.L.C., Bond Street, Boyd Corporation, Broad Street Credit Holdings LLC, Broad Street Investments Holding (Singapore) PTE. Ltd., Broad Street Principal Investments L.L.C., Broad Street Principal Investments Superholdco LLC, Capital Vision Services, Carver Korea, Clarity Money, ClearFactr, ELQ Investors VI Ltd, ELQ Investors VIII Ltd, ELQ Lux Holding S.A R.L., Final, Financeit, Folio Institutional, GLQ Holdings (UK) Ltd, GLQ International Holdings Ltd, GLQ International Partners LP, GLQC S.A R.L., GS Asian Venture (Delaware) L.L.C., GS Diversified Funding LLC, GS European Funding S.A R.L., GS Financial Services II LLC, GS Financial Services L.P. (Del), GS Fund Holdings L.L.C., GS Funding Europe, GS Funding Europe I Ltd., GS Funding Europe V Limited, GS Funding Europe VI Ltd, GS Lending Partners Holdings LLC, GS Sponsor LLC, GSAM Holdings LLC, GSSG Holdings LLC, General Motors - Credit Card Business, Genesis Capital LLC, Global Consumer Products, Goldman Sachs & Co. LLC, Goldman Sachs (Asia) Corporate Holdings L.L.C., Goldman Sachs (Asia) Finance, Goldman Sachs (Asia) L.L.C., Goldman Sachs (Cayman) Holding Company, Goldman Sachs (Japan) Ltd., Goldman Sachs (UK) L.L.C., Goldman Sachs Asset Management International, Goldman Sachs Asset Management L.P., Goldman Sachs Australia Pty Ltd, Goldman Sachs Bank Europe SE, Goldman Sachs Bank USA, Goldman Sachs Equity Investments (Singapore) Pte. Ltd., Goldman Sachs Financial Markets Pty Ltd, Goldman Sachs Funding LLC, Goldman Sachs Gao Hua Securities, Goldman Sachs Group Holdings (U.K.) Limited, Goldman Sachs Group UK Limited, Goldman Sachs Holdings (Asia Pacific) Limited, Goldman Sachs Holdings (Hong Kong) Limited, Goldman Sachs Holdings (Singapore) Pte. Ltd., Goldman Sachs Holdings ANZ Pty Limited, Goldman Sachs International, Goldman Sachs International Bank, Goldman Sachs Japan Co. Ltd., Goldman Sachs LLC, Goldman Sachs Lending Partners LLC, Goldman Sachs Mortgage Company, Goldman Sachs PSI Global Holdings LLC, Goldman Sachs UK Funding Limited, GreenSky, Honest Dollar, Horizon Fund, Horizon Fundo De Investimento Multimercado Credito Privado — Investimento No Exterior, Hull Group, Hull Trading Asia Limited, J. Aron & Company (Singapore) Pte., J. Aron & Company LLC, Jade Dragon ANZ Investments Pte. Ltd., MTGLQ Investors L.P., Meilleurtaux.com, Mellon Ventures, Mercer Investments (Singapore) Pte. Ltd., Murray Street Corporation, NN Investment Partners, Pacific Global Advisors, Pantor, Slickdeals, Spear Leeds & Kellogg, Special Situations Investing Group II LLC, Special Situations Investing Group III Inc., Sphere Fund, Sphere Fundo De Investimento Multimercado — Investimento No Exterior Credito Privado, The Goldman Sachs Group Inc., Titanium Luxco 2 S.A R.L., Titanium UK Holdco 1 Limited, USI Holding, United Capital, United Capital Financial Advisers, Wall Street, and YOHO Manipal.
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This page (NYSE:GS) was last updated on 12/4/2023 by MarketBeat.com Staff

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The Goldman Sachs Group Stock Price, News & Analysis (NYSE:GS)

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