S&P 500   4,071.70
DOW   34,429.88
QQQ   292.55
Get Rid of Your Siri Remote Once and for All This Year
Market Wizard who made $95 million for his clients in 2008 – and predicted the 2022 collapse (Ad)
No OPEC+ oil shakeup as Russian price cap stirs uncertainty
OPEC doesn't change its targets for oil production amid uncertainty over new Western price cap on Russian oil
Market Wizard who made $95 million for his clients in 2008 – and predicted the 2022 collapse (Ad)
As Musk is learning, content moderation is a messy job
Reformers take 6 of 14 UAW board seats, could win majority
The 3-Stock Retirement Blueprint (Ad)
FDA change ushers in cheaper, easier-to-get hearing aids
OPEC keeps oil targets amid uncertainty on Russian sanctions
S&P 500   4,071.70
DOW   34,429.88
QQQ   292.55
Get Rid of Your Siri Remote Once and for All This Year
Market Wizard who made $95 million for his clients in 2008 – and predicted the 2022 collapse (Ad)
No OPEC+ oil shakeup as Russian price cap stirs uncertainty
OPEC doesn't change its targets for oil production amid uncertainty over new Western price cap on Russian oil
Market Wizard who made $95 million for his clients in 2008 – and predicted the 2022 collapse (Ad)
As Musk is learning, content moderation is a messy job
Reformers take 6 of 14 UAW board seats, could win majority
The 3-Stock Retirement Blueprint (Ad)
FDA change ushers in cheaper, easier-to-get hearing aids
OPEC keeps oil targets amid uncertainty on Russian sanctions
S&P 500   4,071.70
DOW   34,429.88
QQQ   292.55
Get Rid of Your Siri Remote Once and for All This Year
Market Wizard who made $95 million for his clients in 2008 – and predicted the 2022 collapse (Ad)
No OPEC+ oil shakeup as Russian price cap stirs uncertainty
OPEC doesn't change its targets for oil production amid uncertainty over new Western price cap on Russian oil
Market Wizard who made $95 million for his clients in 2008 – and predicted the 2022 collapse (Ad)
As Musk is learning, content moderation is a messy job
Reformers take 6 of 14 UAW board seats, could win majority
The 3-Stock Retirement Blueprint (Ad)
FDA change ushers in cheaper, easier-to-get hearing aids
OPEC keeps oil targets amid uncertainty on Russian sanctions
S&P 500   4,071.70
DOW   34,429.88
QQQ   292.55
Get Rid of Your Siri Remote Once and for All This Year
Market Wizard who made $95 million for his clients in 2008 – and predicted the 2022 collapse (Ad)
No OPEC+ oil shakeup as Russian price cap stirs uncertainty
OPEC doesn't change its targets for oil production amid uncertainty over new Western price cap on Russian oil
Market Wizard who made $95 million for his clients in 2008 – and predicted the 2022 collapse (Ad)
As Musk is learning, content moderation is a messy job
Reformers take 6 of 14 UAW board seats, could win majority
The 3-Stock Retirement Blueprint (Ad)
FDA change ushers in cheaper, easier-to-get hearing aids
OPEC keeps oil targets amid uncertainty on Russian sanctions
NYSE:GS

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

$380.58
-3.23 (-0.84%)
(As of 12/2/2022 12:00 AM ET)
Add
Compare
Today's Range
$378.40
▼
$382.52
50-Day Range
$291.38
▼
$388.86
52-Week Range
$277.84
▼
$412.66
Volume
1.93 million shs
Average Volume
2.39 million shs
Market Capitalization
$128.88 billion
P/E Ratio
10.14
Dividend Yield
2.63%
Price Target
$400.19

The Goldman Sachs Group MarketRank™ Forecast

Analyst Rating
Hold
2.43 Rating Score
Upside/​Downside
5.2% Upside
$400.19 Price Target
Short Interest
Healthy
2.11% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-0.41
Upright™ Environmental Score
News Sentiment
0.14mentions of The Goldman Sachs Group in the last 14 days
Based on 32 Articles This Week
Insider Trading
Selling Shares
$111.21 M Sold Last Quarter
Proj. Earnings Growth
13.31%
From $33.35 to $37.79 Per Share

Overall MarketRank™

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

2.49 out of 5 stars

Finance Sector

349th out of 891 stocks

Security Brokers & Dealers Industry

10th out of 24 stocks

See Top Rated MarketRank™ Stocks Here
GS stock logo

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.

 

Receive GS Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for The Goldman Sachs Group and its competitors with MarketBeat's FREE daily newsletter.

GS Stock News Headlines

November 10, 2022 | marketbeat.com
Charles Schwab is Making All the Right Moves (GS)
Charles Schwab (NYSE: SCHW) has evolved beyond its humbled beginnings as a discount broker. Even before the advent of the internet,
December 3, 2022 | finance.yahoo.com
Goldman Sachs Warns Traders Of Shrinking Bonus Pool Even As Trading Revenue Rises
December 3, 2022 | msn.com
Goldman Sachs junior bankers work 98 hours a week, a new survey says — making the equivalent of about $22 an hour
December 2, 2022 | seekingalpha.com
Goldman Sachs traders facing smaller bonuses even after banner year - report
December 2, 2022 | msn.com
Marcus by Goldman Sachs CD Rates for December 2022
December 2, 2022 | washingtonpost.com
Goldman Sachs Traders Won’t Be Alone in Their Bonus Blues
December 2, 2022 | marketwatch.com
: Goldman Sachs set to reduce trader bonuses: report
December 1, 2022 | msn.com
Investments are moving toward the fusion of financial and ESG metrics, Goldman Sachs says
December 1, 2022 | finance.yahoo.com
Mexico Posts $5.35 Billion Record Remittances From Workers Abroad
December 1, 2022 | americanbankingnews.com
The Goldman Sachs Group Target of Unusually Large Options Trading (NYSE:GS)
November 30, 2022 | benzinga.com
Bilibili's Focus Shift On DAU, Cost Reduction Plan Wins Analyst Attention
November 30, 2022 | americanbankingnews.com
Goldman Sachs Group Inc Sells 26,883 Shares of The Goldman Sachs Group, Inc. (NYSE:GS) Stock
November 30, 2022 | americanbankingnews.com
Goldman Sachs Group Inc Sells 129,985 Shares of The Goldman Sachs Group, Inc. (NYSE:GS) Stock
November 29, 2022 | seekingalpha.com
Goldman Sachs sees 'softish' landing, but recession risk remains in 2023
November 29, 2022 | finance.yahoo.com
Goldman Sachs sees ‘less pain but also no gain’ for stocks in 2023
November 29, 2022 | finance.yahoo.com
Abu Dhabi's ADNOC working with Goldman Sachs on gas business, sources say
November 28, 2022 | cnbc.com
Goldman Sachs names the global automakers exposed to a China slowdown
November 28, 2022 | msn.com
Bear Market in Stocks Hasn't Ended Yet: Goldman Sachs
November 28, 2022 | nasdaq.com
Ex-Dividend Reminder: NetSTREIT, Tradeweb Markets and Goldman Sachs Group
November 28, 2022 | benzinga.com
Goldman Sachs, Walmart And These 2 Stocks Insiders Are Selling
November 28, 2022 | americanbankingnews.com
The Goldman Sachs Group, Inc. (NYSE:GS) Plans Quarterly Dividend of $2.50
November 28, 2022 | fortune.com
Amid protests over lockdowns, Goldman Sachs warns that China's COVID-zero exit may be ‘forced and disorderly’
November 27, 2022 | msn.com
The stock market in 2023 will have less pain but no gains as companies see anemic earnings growth, Goldman Sachs says
November 27, 2022 | investing.com
S&P 500 Index Falls by 9% in 2023; States Goldman Sachs
November 26, 2022 | msn.com
The bear market in stocks will spill over into 2023 and it won't be over until 3 things happen, Goldman Sachs says
See More Headlines
Receive GS Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for The Goldman Sachs Group and its competitors with MarketBeat's FREE daily newsletter.

GS Company Calendar

Ex-Dividend for 9/29 Dividend
8/31/2022
Dividend Payable
9/29/2022
Last Earnings
10/18/2022
Ex-Dividend for 12/29 Dividend
11/30/2022
Today
12/04/2022
Dividend Payable
12/29/2022
Fiscal Year End
12/31/2022
Next Earnings (Estimated)
1/17/2023
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
43,900
Year Founded
1869

Price Target and Rating

Average Stock Price Forecast
$400.19
High Stock Price Forecast
$477.00
Low Stock Price Forecast
$290.00
Forecasted Upside/Downside
+5.2%
Consensus Rating
Hold
Rating Score (0-4)
2.43
Research Coverage
14 Analysts

Profitability

EPS (Most Recent Fiscal Year)
$37.55
Trailing P/E Ratio
10.14
Forward P/E Ratio
11.41
P/E Growth
N/A
Net Income
$21.64 billion
Net Margins
22.50%
Pretax Margin
27.55%
Return on Equity
13.23%
Return on Assets
0.89%

Debt

Debt-to-Equity Ratio
2.21
Current Ratio
0.84
Quick Ratio
0.84

Sales & Book Value

Annual Sales
$64.99 billion
Price / Sales
1.98
Cash Flow
$70.61 per share
Price / Cash Flow
5.39
Book Value
$320.66 per share
Price / Book
1.19

Miscellaneous

Outstanding Shares
338,640,000
Free Float
336,705,000
Market Cap
$128.88 billion
Optionable
Optionable
Beta
1.40

Social Links


Key Executives

  • Mr. David SolomonMr. David Solomon (Age 60)
    Chairman & CEO
    Comp: $12.16M
  • Mr. John E. WaldronMr. John E. Waldron (Age 52)
    Pres & COO
    Comp: $14.63M
  • Ms. Kathryn H. Ruemmler (Age 50)
    Chief Legal Officer, Sec. & Gen. Counsel
    Comp: $7.96M
  • Mr. Philip R. BerlinskiMr. Philip R. Berlinski (Age 45)
    Global Treasurer
    Comp: $10.57M
  • Mr. Denis P. Coleman III (Age 47)
    Chief Financial Officer
  • Mr. J. D. Gardner
    Director
  • Ms. Sheara J. Fredman (Age 46)
    Controller & Chief Accounting Officer
  • Mr. Christopher G. French (Age 66)
    MD, Head & Chairman of European Investment Banking
  • F. X. De Mallmann
    Chair of Investment Banking
  • Mr. Atte Lahtiranta
    Partner & Chief Technology Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions













GS Stock - Frequently Asked Questions

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

14 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for The Goldman Sachs Group in the last twelve months. There are currently 2 sell ratings, 4 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" GS shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in GS, but not buy additional shares or sell existing shares.
View GS analyst ratings or view top-rated stocks.

What is The Goldman Sachs Group's stock price forecast for 2023?

14 analysts have issued 1-year target prices for The Goldman Sachs Group's shares. Their GS share price forecasts range from $290.00 to $477.00. On average, they expect the company's share price to reach $400.19 in the next year. This suggests a possible upside of 5.2% 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 2022?

The Goldman Sachs Group's stock was trading at $382.55 on January 1st, 2022. Since then, GS shares have decreased by 0.5% and is now trading at $380.58.
View the best growth stocks for 2022 here.

Are investors shorting The Goldman Sachs Group?

The Goldman Sachs Group saw a increase in short interest in the month of November. As of November 15th, there was short interest totaling 7,100,000 shares, an increase of 24.3% from the October 31st total of 5,710,000 shares. Based on an average daily volume of 2,280,000 shares, the short-interest ratio is presently 3.1 days. Currently, 2.1% of the shares of the company 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 17th 2023.
View our GS earnings forecast.

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

The Goldman Sachs Group, Inc. (NYSE:GS) issued its quarterly earnings data on Tuesday, October, 18th. The investment management company reported $8.25 EPS for the quarter, beating analysts' consensus estimates of $7.47 by $0.78. The investment management company had revenue of $11.98 billion for the quarter, compared to the consensus estimate of $11.53 billion. The Goldman Sachs Group had a trailing twelve-month return on equity of 13.23% and a net margin of 22.50%. The Goldman Sachs Group's quarterly revenue was down 12.0% compared to the same quarter last year. During the same quarter in the prior year, the business posted $14.93 earnings per share.
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 declared a quarterly dividend on Monday, October 17th. Investors of record on Thursday, December 1st will be paid a dividend of $2.50 per share on Thursday, December 29th. This represents a $10.00 dividend on an annualized basis and a yield of 2.63%. The ex-dividend date is Wednesday, November 30th.
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 $10.00 per share and currently has a dividend yield of 2.63%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 26.63%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, GS will have a dividend payout ratio of 26.46% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for GS.

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).

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 a number of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (8.88%), BlackRock Inc. (6.81%), State Street Corp (6.10%), Price T Rowe Associates Inc. MD (2.80%), Massachusetts Financial Services Co. MA (2.41%) and Bank of New York Mellon Corp (1.41%). Insiders that own company stock include Brian J Lee, David A Viniar, David M Solomon, Goldman Sachs Group Inc, John E Waldron, John FW Rogers, 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.

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

One share of GS stock can currently be purchased for approximately $380.58.

How much money does The Goldman Sachs Group make?

The Goldman Sachs Group (NYSE:GS) has a market capitalization of $128.88 billion and generates $64.99 billion in revenue each year. The investment management company earns $21.64 billion in net income (profit) each year or $37.55 on an earnings per share basis.

How many employees does The Goldman Sachs Group have?

The company employs 43,900 workers across the globe.

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
How can I contact The Goldman Sachs Group?

The Goldman Sachs Group's mailing address is 200 WEST STREET, NEW YORK NY, 10282. The official website for the company is www.goldmansachs.com. The investment management company can be reached via phone at (212) 902-1000, via email at gs-investor-relations@gs.com, or via fax at 212-902-3000.

This page (NYSE:GS) was last updated on 12/4/2022 by MarketBeat.com Staff