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NYSE:GS

The Goldman Sachs Group Stock Forecast, Price & News

$189.77
-5.91 (-3.02 %)
(As of 10/28/2020 12:00 AM ET)
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Today's Range
$188.94
Now: $189.77
$193.37
50-Day Range
$186.12
MA: $201.36
$214.12
52-Week Range
$130.85
Now: $189.77
$250.46
Volume4.10 million shs
Average Volume3.74 million shs
Market Capitalization$65.30 billion
P/E Ratio7.99
Dividend Yield2.56%
Beta1.39
The Goldman Sachs Group, Inc. operates as an investment banking, securities, and investment management company worldwide. It operates in 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. Its Global Markets segment is involved in client execution activities for cash and derivative instruments; credit products; mortgages; currencies; commodities; and equities; and provision of equity intermediation, and equity financing services, as well as offers clearing, settlement and custody services. The company's Asset Management segment manages assets across various asset classes, including equity, fixed income, hedge funds, credit funds, private equity, real estate, currencies, and commodities; and provides customized investment advisory solutions, and financing services, 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, and lending; private banking and lending services; unsecured loans; and saving and time deposits. The company serves corporations, financial institutions, governments, and individuals. The Goldman Sachs Group, Inc. was founded in 1869 and is headquartered in New York, New York.
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The Goldman Sachs Group logo

Beat the Market (BTM) Rank

Analyst Opinion: 4.4Community Rank: 2.2Dividend Strength: 2.5Insider Behavior: 1.0Valuation: 3.1 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.64 out of 5 stars

Industry, Sector and Symbol

Industry Security brokers & dealers
Sub-IndustryInvestment Banking & Brokerage
SectorFinance
CUSIP38141G10
Phone212-902-1000
Employees40,900

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$53.92 billion
Cash Flow$26.50 per share
Book Value$270.29 per share

Profitability

Net Income$8.47 billion

Miscellaneous

Market Cap$65.30 billion
Next Earnings Date1/20/2021 (Estimated)
OptionableOptionable
$189.77
-5.91 (-3.02 %)
(As of 10/28/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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The Goldman Sachs Group (NYSE:GS) Frequently Asked Questions

How has The Goldman Sachs Group's stock price been impacted by COVID-19?

The Goldman Sachs Group's stock was trading at $171.89 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, GS shares have increased by 10.4% and is now trading at $189.77.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of The Goldman Sachs Group?

21 Wall Street analysts have issued "buy," "hold," and "sell" ratings for The Goldman Sachs Group in the last year. There are currently 6 hold ratings and 15 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for The Goldman Sachs Group
.

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

The Goldman Sachs Group is scheduled to release its next quarterly earnings announcement on Wednesday, January 20th 2021.
View our earnings forecast for The Goldman Sachs Group
.

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

The Goldman Sachs Group, Inc. (NYSE:GS) released its quarterly earnings data on Tuesday, October, 20th. The investment management company reported $9.68 earnings per share for the quarter, beating analysts' consensus estimates of $5.57 by $4.11. The investment management company earned $10.70 billion during the quarter, compared to analyst estimates of $9.40 billion. The Goldman Sachs Group had a net margin of 16.65% and a return on equity of 10.83%. The firm's revenue was up 28.6% compared to the same quarter last year. During the same period in the prior year, the business earned $4.79 EPS.
View The Goldman Sachs Group's earnings history
.

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

The Goldman Sachs Group declared a quarterly dividend on Thursday, October 15th. Shareholders of record on Wednesday, December 2nd will be given a dividend of $1.25 per share on Wednesday, December 30th. This represents a $5.00 dividend on an annualized basis and a yield of 2.63%. The ex-dividend date is Tuesday, December 1st.
View The Goldman Sachs Group's dividend history
.

What price target have analysts set for GS?

21 Wall Street analysts have issued 12-month target prices for The Goldman Sachs Group's stock. Their forecasts range from $200.00 to $356.00. On average, they expect The Goldman Sachs Group's share price to reach $250.35 in the next year. This suggests a possible upside of 31.9% from the stock's current price.
View analysts' price targets for The Goldman Sachs Group
.

Has The Goldman Sachs Group been receiving favorable news coverage?

Media headlines about GS stock have been trending extremely negative this week, InfoTrie Sentiment reports. The research group identifies positive and negative news coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. The Goldman Sachs Group earned a daily sentiment score of -4.8 on InfoTrie's scale. They also gave media stories about the investment management company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the next several days.
View the latest news about The Goldman Sachs Group
.

Are investors shorting The Goldman Sachs Group?

The Goldman Sachs Group saw a decline in short interest in October. As of October 15th, there was short interest totaling 4,260,000 shares, a decline of 15.0% from the September 30th total of 5,010,000 shares. Based on an average trading volume of 3,160,000 shares, the days-to-cover ratio is presently 1.3 days. Approximately 1.3% of the company's shares are sold short.
View The Goldman Sachs Group's Short Interest
.

Who are some of The Goldman Sachs Group's key competitors?

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), The Walt Disney (DIS), Alibaba Group (BABA), Netflix (NFLX), The Boeing (BA), Citigroup (C), Johnson & Johnson (JNJ) and Intel (INTC).

Who are The Goldman Sachs Group's key executives?

The Goldman Sachs Group's management team includes the following people:
  • Mr. David Michael Solomon, Chairman & CEO (Age 58, Pay $9.93M)
  • Mr. John E. Waldron, Pres & COO (Age 50, Pay $11.18M)
  • Mr. Stephen M. Scherr, Exec. VP & CFO (Age 55, Pay $10.33M)
  • Ms. Karen Patton Seymour, Exec. VP & Gen. Counsel (Age 58, Pay $4.62M)
  • Mr. John F. W. Rogers, Exec. VP, Chief of Staff & Sec. to the Board of Directors (Age 63, Pay $5.68M)
  • Mr. J. D. Gardner, Director
  • Ms. Sheara J. Fredman, Controller & Chief Accounting Officer (Age 44)
  • Mr. Christopher G. French, MD, Head & Chairman of European Investment Banking (Age 64)
  • F. X. De Mallmann, Chair of Investment Banking
  • Mr. Atte Lahtiranta, Partner & Chief Technology Officer

What is The Goldman Sachs Group's stock symbol?

The Goldman Sachs Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "GS."

Who are The Goldman Sachs Group's major shareholders?

The Goldman Sachs Group's stock is owned by many different retail and institutional investors. Top institutional shareholders include Greenhaven Associates Inc. (0.86%), Standard Life Aberdeen plc (0.38%), LSV Asset Management (0.25%), Focused Investors LLC (0.10%), Factory Mutual Insurance Co. (0.10%) and International Assets Investment Management LLC (0.09%). Company insiders that own The Goldman Sachs Group stock include Dane E Holmes and Gregory K Palm.
View institutional ownership trends for The Goldman Sachs Group
.

Which major investors are selling The Goldman Sachs Group stock?

GS stock was sold by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc., Jag Capital Management LLC, Calamos Advisors LLC, LSV Asset Management, Wedge Capital Management L L P NC, Nisa Investment Advisors LLC, M&G Investment Management Ltd., and State of New Jersey Common Pension Fund D.
View insider buying and selling activity for The Goldman Sachs Group
.

Which major investors are buying The Goldman Sachs Group stock?

GS stock was purchased by a variety of institutional investors in the last quarter, including Standard Life Aberdeen plc, Greenhaven Associates Inc., Chemung Canal Trust Co., Selway Asset Management, Sequoia Financial Advisors LLC, State of Michigan Retirement System, Factory Mutual Insurance Co., and CX Institutional.
View insider buying and selling activity for The Goldman Sachs Group
.

How do I buy shares of The Goldman Sachs Group?

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

What is The Goldman Sachs Group's stock price today?

One share of GS stock can currently be purchased for approximately $189.77.

How big of a company is The Goldman Sachs Group?

The Goldman Sachs Group has a market capitalization of $65.30 billion and generates $53.92 billion in revenue each year. The investment management company earns $8.47 billion in net income (profit) each year or $21.03 on an earnings per share basis. The Goldman Sachs Group employs 40,900 workers across the globe.

What is The Goldman Sachs Group's official website?

The official website for The Goldman Sachs Group is www.goldmansachs.com.

How can I contact The Goldman Sachs Group?

The Goldman Sachs Group's mailing address is 200 WEST STREET, NEW YORK NY, 10282. The investment management company can be reached via phone at 212-902-1000 or via email at [email protected]

This page was last updated on 10/29/2020 by MarketBeat.com Staff

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