NYSE:GS

The Goldman Sachs Group - GS Stock Forecast, Price & News

$354.97

+5.34 (+1.53%)

(As of 01/26/2023 12:00 AM ET)

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Today's Range: $349.52
▼
$355.00
50-Day Range: $340.87
▼
$388.86
52-Week Range: $277.84
▼
$389.58

Volume: 1.90 million shs
Average Volume: 3.25 million shs
Market Capitalization: $118.89 billion

P/E Ratio: 11.81
Dividend Yield: 2.86%
Price Target: $396.83

Institutional Ownership

The Goldman Sachs Group MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.50 Rating Score
Upside/Downside: 11.7% Upside
$396.54 Price Target
Short Interest: Healthy
1.19% of Float Sold Short
Dividend Strength: Moderate
Based on Four Factors
Sustainability: -0.40
Upright™ Environmental Score
News Sentiment: 0.09
Based on 64 Articles This Week
Insider Trading: Selling Shares
$117.41 M Sold Last Quarter
Proj. Earnings Growth: 14.59%
From $33.32 to $38.18 Per Share

Overall MarketRank^™

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

3.14 out of 5 stars

Finance Sector

36th out of 891 stocks

Security Brokers & Dealers Industry

1st out of 25 stocks

3.3

Analyst's Opinion

Consensus Rating
The Goldman Sachs Group has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 9 buy ratings, 6 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $396.54, The Goldman Sachs Group has a forecasted upside of 11.7% from its current price of $354.97.
Amount of Analyst Coverage
The Goldman Sachs Group has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

5.0

Short Interest

Percentage of Shares Shorted
1.19% 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 1.5, 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 decreased by 10.89%, indicating that investor sentiment is improving significantly.

2.5

Dividend Strength

Dividend Yield
The Goldman Sachs Group pays a meaningful dividend of 2.86%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
The Goldman Sachs Group has only been increasing its dividend for 2 years.
Dividend Coverage
The dividend payout ratio of The Goldman Sachs Group is 33.27%. 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 26.19% 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.

2.8

News and Social Media Coverage

News Sentiment
The Goldman Sachs Group has a news sentiment score of 0.09. 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 is a lower news sentiment than the 0.66 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 64 news articles for The Goldman Sachs Group this week, compared to 33 articles on an average week.
Social Mentions This Week
MarketBeat has tracked 8 reddit mentions for The Goldman Sachs Group this week, compared to 25 mentions on an average week.
Search Interest
90 people have searched for GS on MarketBeat in the last 30 days. This is an increase of 38% compared to the previous 30 days.
MarketBeat Follows
39 people have added The Goldman Sachs Group to their MarketBeat watchlist in the last 30 days. This is an increase of 56% compared to the previous 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, The Goldman Sachs Group insiders have sold 931,493.27% more of their company's stock than they have bought. Specifically, they have bought $12,603.00 in company stock and sold $117,408,700.00 in company stock.
Percentage Held by Insiders
Only 0.57% of the stock of The Goldman Sachs Group is held by insiders.
Percentage Held by Institutions
69.09% 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.

2.5

Earnings and Valuation

Earnings Growth
Earnings for The Goldman Sachs Group are expected to grow by 14.59% in the coming year, from $33.32 to $38.18 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of The Goldman Sachs Group is 11.81, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.74.
Price to Earnings Ratio vs. Sector
The P/E ratio of The Goldman Sachs Group is 11.81, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 186.78.
Price to Book Value per Share Ratio
The Goldman Sachs Group has a P/B Ratio of 1.02. 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 (NYSE:GS) Stock

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.

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GS Stock News Headlines

January 25, 2023 | marketbeat.com

Goldman Sachs signals partial retreat from consumer banking

Goldman Sach spent eight years attempting to expand its business beyond corporations and the wealthy

January 24, 2023 | marketbeat.com

Is the Northrop Grumman Selloff an Opportunity? (GS)

Chatter around Northrop Grumman is on the rise as traders feverishly debate whether the -17% year-to-date decline is an opportunity or a sign of more to come.

January 27, 2023 | Porter & Company (Ad)

The Next Big Crisis Is Here

You just can’t see it yet because it’s NOT a banking, financial, or economic crisis… it’s far worse and threatens every dollar in your retirement account.

January 23, 2023 | marketbeat.com

When Does Pfizer Become A Bargain? (GS)

With a price-to-earnings ratio of less than 9 and a dividend yield of 3.63% you have to be thinking that Pfizer may a bit of a bargain down here.

January 18, 2023 | marketbeat.com

Tokyo shares jump after Bank of Japan keeps policy unchanged

Share have advanced in Asia, with Tokyo gaining more than 2%, after Japan's central bank kept its lax monetary policy unchanged, dispelling speculation it would yield to pressure to tighten credit