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S&P 500   4,274.04
DOW   33,980.32
QQQ   328.49
Are These 3 Video Game Stocks Now In Play?
The Financial Day of Reckoning Has Begun (Ad)
Agilent Technologies Proves Its Worth VS Illumina 
Target’s Results Cap Upside Potential For Retail Stocks 
Wind energy boom and golden eagles collide in the US West
The Financial Day of Reckoning Has Begun (Ad)
Lowe’s Stands Out Amid Q2 Retail Reports 
Egypt's central bank governor resigns as economic woes mount
Target takes a hit after heavy discounts to clear inventory
“No Historic Crash Is Coming, What’s NEXT, Is Much Worse…” (PhD Economist) (Ad)
S&P 500   4,274.04
DOW   33,980.32
QQQ   328.49
Are These 3 Video Game Stocks Now In Play?
The Financial Day of Reckoning Has Begun (Ad)
Agilent Technologies Proves Its Worth VS Illumina 
Target’s Results Cap Upside Potential For Retail Stocks 
Wind energy boom and golden eagles collide in the US West
The Financial Day of Reckoning Has Begun (Ad)
Lowe’s Stands Out Amid Q2 Retail Reports 
Egypt's central bank governor resigns as economic woes mount
Target takes a hit after heavy discounts to clear inventory
“No Historic Crash Is Coming, What’s NEXT, Is Much Worse…” (PhD Economist) (Ad)
S&P 500   4,274.04
DOW   33,980.32
QQQ   328.49
Are These 3 Video Game Stocks Now In Play?
The Financial Day of Reckoning Has Begun (Ad)
Agilent Technologies Proves Its Worth VS Illumina 
Target’s Results Cap Upside Potential For Retail Stocks 
Wind energy boom and golden eagles collide in the US West
The Financial Day of Reckoning Has Begun (Ad)
Lowe’s Stands Out Amid Q2 Retail Reports 
Egypt's central bank governor resigns as economic woes mount
Target takes a hit after heavy discounts to clear inventory
“No Historic Crash Is Coming, What’s NEXT, Is Much Worse…” (PhD Economist) (Ad)
NYSE:GS

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

$353.74
-1.23 (-0.35%)
(As of 08/17/2022 12:00 AM ET)
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Compare
Today's Range
$350.77
$355.59
50-Day Range
$279.79
$355.85
52-Week Range
$277.84
$426.16
Volume
1.55 million shs
Average Volume
2.89 million shs
Market Capitalization
$120.75 billion
P/E Ratio
8.00
Dividend Yield
2.25%
Price Target
$413.92

The Goldman Sachs Group MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.62 Rating Score
Upside/​Downside
17.0% Upside
$413.92 Price Target
Short Interest
Healthy
1.54% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-0.60
Upright™ Environmental Score
News Sentiment
-0.11mentions of The Goldman Sachs Group in the last 14 days
Based on 25 Articles This Week
Insider Trading
Selling Shares
$30.58 M Sold Last Quarter
Proj. Earnings Growth
13.22%
From $34.33 to $38.87 Per Share

Overall MarketRank

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

2.95 out of 5 stars

Finance Sector

92nd out of 932 stocks

Security Brokers & Dealers Industry

6th out of 24 stocks

GS stock logo

About The Goldman Sachs Group (NYSE:GS) Stock

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 four segments: Investment Banking, Global Markets, Asset Management, and Consumer & Wealth Management. The company's Investment Banking segment provides financial advisory services, including strategic advisory assignments related to mergers and acquisitions, divestitures, corporate defense activities, restructurings, and spin-offs; and middle-market lending, relationship lending, and acquisition financing, as well as transaction banking services. This segment also offers underwriting services, such as equity underwriting for common and preferred stock and convertible and exchangeable securities; and debt underwriting for various types of debt instruments, including investment-grade and high-yield debt, bank and bridge loans, and emerging-and growth-market debt, as well as originates structured securities. Its Global Markets segment is involved in client execution activities for cash and derivative instruments; credit and interest rate products; and provision of equity intermediation and equity financing, clearing, settlement, and custody services, as well as mortgages, currencies, commodities, and equities related products. The company's Asset Management segment manages assets across various classes, including equity, fixed income, hedge funds, credit funds, private equity, real estate, currencies, and commodities; and provides customized investment advisory solutions, as well as invests in corporate, real estate, and infrastructure entities. Its Consumer & Wealth Management segment offers wealth advisory and banking services, including financial planning, investment management, deposit taking, and lending; private banking; and unsecured loans, as well as accepts saving and time deposits. The company was founded in 1869 and is headquartered in New York, New York.

The Goldman Sachs Group Trading Down 0.2 %

Shares of NYSE:GS opened at $354.97 on Wednesday. The company has a quick ratio of 0.87, a current ratio of 0.87 and a debt-to-equity ratio of 2.34. The Goldman Sachs Group has a 52-week low of $277.84 and a 52-week high of $426.16. The stock has a market cap of $121.17 billion, a price-to-earnings ratio of 8.03, a PEG ratio of 0.81 and a beta of 1.39. The business has a 50-day moving average price of $310.34 and a 200-day moving average price of $323.81.

The Goldman Sachs Group (NYSE:GS - Get Rating) last announced its quarterly earnings data on Monday, July 18th. The investment management company reported $7.73 EPS for the quarter, beating the consensus estimate of $6.61 by $1.12. The Goldman Sachs Group had a net margin of 27.75% and a return on equity of 15.89%. The business had revenue of $11.86 billion during the quarter, compared to analysts' expectations of $10.70 billion. During the same period in the previous year, the business posted $15.02 EPS. The business's quarterly revenue was down 22.9% compared to the same quarter last year. Equities analysts predict that The Goldman Sachs Group will post 34.33 EPS for the current year.

The Goldman Sachs Group Dividend Announcement

The business also recently declared a dividend, which was paid on Wednesday, August 10th. Shareholders of record on Tuesday, July 26th were issued a $2.50 dividend. The ex-dividend date was Monday, July 25th. The Goldman Sachs Group's payout ratio is presently 18.09%.

Analysts Set New Price Targets

A number of research firms recently weighed in on GS. Citigroup reduced their price objective on shares of The Goldman Sachs Group from $400.00 to $360.00 in a research report on Tuesday, July 12th. Piper Sandler cut their price target on shares of The Goldman Sachs Group from $430.00 to $410.00 and set an "overweight" rating on the stock in a report on Friday, July 1st. BMO Capital Markets reduced their target price on shares of The Goldman Sachs Group from $475.00 to $461.00 in a research report on Tuesday, July 19th. Bank of America upgraded The Goldman Sachs Group from a "neutral" rating to a "buy" rating and boosted their price target for the company from $360.00 to $380.00 in a report on Wednesday, June 29th. Finally, Credit Suisse Group set a $415.00 target price on The Goldman Sachs Group in a report on Tuesday, July 19th. Six analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $413.92.

Insider Transactions at The Goldman Sachs Group

In related news, Treasurer Philip R. Berlinski sold 8,000 shares of the business's stock in a transaction on Wednesday, August 10th. The shares were sold at an average price of $348.62, for a total value of $2,788,960.00. Following the completion of the transaction, the treasurer now directly owns 13,745 shares in the company, valued at approximately $4,791,781.90. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. In other The Goldman Sachs Group news, Director Goldman Sachs Group Inc sold 86,068 shares of the company's stock in a transaction on Tuesday, June 14th. The shares were sold at an average price of $15.30, for a total transaction of $1,316,840.40. Following the completion of the transaction, the director now directly owns 2,240,454 shares in the company, valued at $34,278,946.20. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Treasurer Philip R. Berlinski sold 8,000 shares of the stock in a transaction on Wednesday, August 10th. The shares were sold at an average price of $348.62, for a total transaction of $2,788,960.00. Following the transaction, the treasurer now directly owns 13,745 shares in the company, valued at $4,791,781.90. The disclosure for this sale can be found here. Insiders have sold 1,238,195 shares of company stock valued at $26,740,631 in the last 90 days. 0.57% of the stock is currently owned by company insiders.

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GS Stock News Headlines

EXPLAINER: How do we know when a recession has begun?
The U.S. economy has contracted for two straight quarters, intensifying fears that it is on the cusp of a recession, if not already in one, barely two years after the pandemic downturn officially ended
Banks far from hitting Paris climate targets, groups warn
Many of the world's biggest banks are falling far short of aligning their practices with the Paris Agreement goal of limiting the Earth's warming to 1.5 degrees Celsius above pre-industrial levels, a new report warns
Rishi Sunak, heir apparent who ran afoul of Boris Johnson
Former Treasury chief Rishi Sunak is one of two finalists in the race to replace Boris Johnson as Britain's prime minister
Wall Street's slowdown cuts into Goldman's 2Q profits
Investment banking giant Goldman Sachs saw its second-quarter profits fall nearly half from a year ago, as the markets turmoil and warnings of a possible recession caused the bank’s deal-making business to slow down considerably
Rating 3 of Goldman Sachs’s Top Growth Stock Picks
7 Analysts Have This to Say About ironSource
See More Headlines
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GS Company Calendar

Last Earnings
7/18/2022
Ex-Dividend for 8/10 Dividend
7/25/2022
Dividend Payable
8/10/2022
Today
8/17/2022
Ex-Dividend for 9/29 Dividend
8/31/2022
Dividend Payable
9/29/2022
Next Earnings (Estimated)
10/21/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Security brokers & dealers
Sub-Industry
Investment Banking & Brokerage
Sector
Finance
CUSIP
38141G10
Employees
43,900
Year Founded
1869

Price Target and Rating

Average Stock Price Forecast
$413.92
High Stock Price Forecast
$519.00
Low Stock Price Forecast
$354.00
Forecasted Upside/Downside
+17.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.62
Research Coverage
13 Analysts

Profitability

Net Income
$21.64 billion
Pretax Margin
34.41%

Debt

Sales & Book Value

Annual Sales
$64.99 billion
Cash Flow
$70.19 per share
Book Value
$313.95 per share

Miscellaneous

Free Float
339,410,000
Market Cap
$120.75 billion
Optionable
Optionable
Beta
1.39

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