S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
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S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Wall Street rises to more records to close out its latest winning month
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
7 Stocks That Will Drive the Weight Loss Drugs Market
3 Value Stocks Too Small For Buffett’s Portfolio
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Wall Street rises to more records to close out its latest winning month
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
7 Stocks That Will Drive the Weight Loss Drugs Market
3 Value Stocks Too Small For Buffett’s Portfolio
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Wall Street rises to more records to close out its latest winning month
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
7 Stocks That Will Drive the Weight Loss Drugs Market
3 Value Stocks Too Small For Buffett’s Portfolio
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?

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

$417.69
+2.44 (+0.59%)
(As of 05:42 PM ET)
Today's Range
$414.98
$419.20
50-Day Range
$376.91
$415.21
52-Week Range
$289.36
$419.20
Volume
2.40 million shs
Average Volume
2.34 million shs
Market Capitalization
$135.55 billion
P/E Ratio
18.30
Dividend Yield
2.63%
Price Target
$407.75

The Goldman Sachs Group MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.74 Rating Score
Upside/​Downside
1.7% Downside
$411.10 Price Target
Short Interest
Healthy
1.44% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-0.40
Upright™ Environmental Score
News Sentiment
0.60mentions of The Goldman Sachs Group in the last 14 days
Based on 46 Articles This Week
Insider Trading
Selling Shares
$15.08 M Sold Last Quarter
Proj. Earnings Growth
11.08%
From $33.13 to $36.80 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.80 out of 5 stars

Finance Sector

66th out of 850 stocks

Security Brokers & Dealers Industry

2nd out of 25 stocks

GS stock logo

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

GS Stock News Headlines

3 Value Stocks Too Small For Buffett's Portfolio
When investment giants like Warren Buffett spot the rare opportunity to buy a value stock, they more than often pass on the chance. Because they manage such large amounts of capital, investing less than a few billion in companies isn't big enough to bring them returns.
3 Value Stocks Too Small For Buffett’s Portfolio (GS)
Three stocks stand out as value plays that are just too small for Warren Buffett to buy, that is where the retail investor has an advantage to be taken today
A lot of people are making this costly mistake
You may have heard the saying “options are risky” … And, they can be. But only if you use them the way a lot of folks do. A lot of people think of BUYING speculative options when they talk about options. And BUYING low probability, speculative options is definitely risky… It’s how some folks leverage large sums of money hoping that a stock moves in the “right” direction over a certain period of time.
Delta Airline’s Put Option Activity Isn’t Bad News (GS)
Put option volume for Delta Airlines stock may not have the typically bearish implications from traders this time. The stock is head and shoulders above peers
Mid-Cap Stocks to Outperform the Market This Cycle
When the economy enters a new cycle, investors must rotate their portfolios accordingly or else live with leaving money on the table. Mid-capitalization stocks outperform all others during an expansionary cycle, such as the one the U.S. is about to witness, so they might rally before the next quarter.
Mid-Cap Stocks to Outperform the Market This Cycle (GS)
Mid-Cap stocks typically outperform the rest of the market during an economic upcycle, now that one is forming, three stocks are setting up to become top picks
Low VIX? 3 High Beta Stocks To Boost Your Returns (GS)
A low VIX typically makes high beta stocks more attractive for investors looking at beating the indexes. Three stocks stand out tied to macro tailwinds
3 Stocks With Unusual Call Option Activity (GS)
Three stocks reported rising call option buying activity could see even higher prices soon. Analysts see the writing on the wall, and traders stampeded in
A lot of people are making this costly mistake
You may have heard the saying “options are risky” … And, they can be. But only if you use them the way a lot of folks do. A lot of people think of BUYING speculative options when they talk about options. And BUYING low probability, speculative options is definitely risky… It’s how some folks leverage large sums of money hoping that a stock moves in the “right” direction over a certain period of time.
3 Cheap Stocks That Shouldn't Be Cheap for Long
Earnings growth typically drives stock prices. Three stocks are set to grow at double and even triple-digit rates this year, yet their prices stay at more than 30% discounts from their 52-week highs.
3 Cheap Stocks That Shouldn’t Be Cheap for Long (GS)
These stocks are set to grow their EPS by double and even triple-digit rates this year, making their current prices an undeniable discount
3 Stocks About to Join the Rate Cut Party
You can think of the S&P 500 and the NASDAQ 100 indexes as the sun that gets the rest of the stock market booming or busting. As these have been making all-time highs lately, you'll notice that not all stocks joined the party.
3 Cheap Bank Stocks You'll Regret Not Buying in 2024
See More Headlines
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Company Calendar

Last Earnings
1/16/2024
Ex-Dividend for 3/28 Dividend
2/28/2024
Today
3/28/2024
Dividend Payable
3/28/2024
Next Earnings (Confirmed)
4/15/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Security brokers & dealers
Sub-Industry
Investment Banking & Brokerage
CUSIP
38141G10
Employees
45,300
Year Founded
1869

Price Target and Rating

Average Stock Price Target
$407.75
High Stock Price Target
$493.00
Low Stock Price Target
$351.00
Potential Upside/Downside
-1.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.74
Research Coverage
19 Analysts

Profitability

Net Income
$8.52 billion
Pretax Margin
23.22%

Debt

Sales & Book Value

Annual Sales
$108.42 billion
Cash Flow
$41.90 per share
Book Value
$324.13 per share

Miscellaneous

Free Float
322,775,000
Market Cap
$134.75 billion
Optionable
Optionable
Beta
1.42

Social Links

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Should I Buy The Goldman Sachs Group Stock? GS Pros and Cons Explained

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of The Goldman Sachs Group was last updated on Tuesday, March 26, 2024 at 10:06 PM.

Pros

Here are some ways that investors could benefit from investing in The Goldman Sachs Group, Inc.:

  • The current stock price of The Goldman Sachs Group, Inc. is showing a positive trend, indicating potential for capital appreciation.
  • The company's diverse range of financial services across Global Banking & Markets, Asset & Wealth Management, and Platform Solutions segments provides stability and growth opportunities.
  • Goldman Sachs' expertise in financial advisory services, including mergers and acquisitions, divestitures, and corporate defense activities, can lead to lucrative deals and increased revenue.
  • The Asset & Wealth Management segment's management of various asset classes offers investors a well-rounded investment portfolio with potential for high returns.
  • The Platform Solutions segment's credit cards and point-of-sale financing services can drive additional revenue streams and enhance customer engagement.

Cons

Investors should be bearish about investing in The Goldman Sachs Group, Inc. for these reasons:

  • The financial industry's susceptibility to market fluctuations and regulatory changes can impact Goldman Sachs' profitability and stock performance.
  • Competition within the investment banking and brokerage subindustry may pose challenges for Goldman Sachs in maintaining market share and profitability.
  • Economic downturns or global financial crises can negatively affect the company's financial performance and investor confidence.
  • Risks associated with credit exposure, interest rate fluctuations, and market volatility can impact the company's financial stability and investor returns.
  • Changes in government policies or regulations related to the financial sector can introduce uncertainties and compliance costs for Goldman Sachs.

GS Stock Analysis - Frequently Asked Questions

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

19 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for The Goldman Sachs Group in the last twelve months. There are currently 5 hold ratings and 14 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?

19 analysts have issued 1 year price objectives for The Goldman Sachs Group's shares. Their GS share price targets range from $351.00 to $493.00. On average, they predict the company's stock price to reach $411.10 in the next twelve months. This suggests that the stock has a possible downside of 1.7%.
View analysts price targets for GS
or view top-rated stocks among Wall Street analysts.

How have GS shares performed in 2024?

The Goldman Sachs Group's stock was trading at $385.77 at the start of the year. Since then, GS shares have increased by 8.5% and is now trading at $418.42.
View the best growth stocks for 2024 here
.

Are investors shorting The Goldman Sachs Group?

The Goldman Sachs Group saw a increase in short interest in the month of February. As of February 29th, there was short interest totaling 4,880,000 shares, an increase of 22.9% from the February 14th total of 3,970,000 shares. Based on an average daily volume of 2,260,000 shares, the days-to-cover ratio is currently 2.2 days. Currently, 1.5% of the shares of the company are short sold.
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 Monday, April 15th 2024.
View our GS earnings forecast
.

How can I listen to The Goldman Sachs Group's earnings call?

The Goldman Sachs Group will be holding an earnings conference call on Monday, April 15th at 9:30 AM Eastern. Interested parties can register for or listen to the call using this link.

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

The Goldman Sachs Group, Inc. (NYSE:GS) released its quarterly earnings data on Tuesday, January, 16th. The investment management company reported $5.48 earnings per share for the quarter, beating analysts' consensus estimates of $3.62 by $1.86. The investment management company earned $11.32 billion during the quarter, compared to analysts' expectations of $10.80 billion. The Goldman Sachs Group had a net margin of 7.85% and a trailing twelve-month return on equity of 8.03%. The business's revenue was up 6.9% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $3.32 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 Friday, January 12th. Shareholders of record on Thursday, February 29th will be given a dividend of $2.75 per share on Thursday, March 28th. This represents a $11.00 dividend on an annualized basis and a yield of 2.63%. The ex-dividend date is Wednesday, February 28th.
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 2.71%. 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 48.20%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, GS will have a dividend payout ratio of 29.89% 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).

Who are The Goldman Sachs Group's major shareholders?

The Goldman Sachs Group's stock is owned by a variety of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (8.77%), Vanguard Group Inc. (8.75%), Capital World Investors (1.84%), Fisher Asset Management LLC (1.69%), Fisher Asset Management LLC (1.69%) and Dodge & Cox (1.68%). Insiders that own company stock include Brian J Lee, David A Viniar, David M Solomon, Denis P Coleman, Ericka T Leslie, Goldman Sachs Group Inc, John E Waldron, Kathryn H Ruemmler, Philip R Berlinski and Sheara J Fredman.
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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
This page (NYSE:GS) was last updated on 3/28/2024 by MarketBeat.com Staff

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