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

20 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for The Goldman Sachs Group in the last year. There are currently 5 hold ratings and 15 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?

20 equities research analysts have issued 1-year price objectives for The Goldman Sachs Group's stock. Their GS share price targets range from $351.00 to $493.00. On average, they predict the company's share price to reach $434.93 in the next twelve months. This suggests a possible upside of 7.7% 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 2024?

The Goldman Sachs Group's stock was trading at $385.77 on January 1st, 2024. Since then, GS shares have increased by 4.7% and is now trading at $403.91. 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 March. As of March 31st, there was short interest totaling 5,090,000 shares, an increase of 9.0% from the March 15th total of 4,670,000 shares. Based on an average daily volume of 2,280,000 shares, the short-interest ratio is presently 2.2 days. Approximately 1.6% of the company's shares 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 Wednesday, July 17th 2024. View our GS earnings forecast .

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

The Goldman Sachs Group, Inc. (NYSE:GS) released its earnings results on Monday, April, 15th. The investment management company reported $11.58 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $8.54 by $3.04. The investment management company had revenue of $14.21 billion for the quarter, compared to analysts' expectations of $12.94 billion. The Goldman Sachs Group had a trailing twelve-month return on equity of 8.65% and a net margin of 8.17%. The Goldman Sachs Group's revenue was up 16.1% on a year-over-year basis. During the same period in the previous year, the business posted $8.79 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 Thursday, April 11th. Stockholders of record on Thursday, May 30th will be paid a dividend of $2.75 per share on Thursday, June 27th. This represents a $11.00 dividend on an annualized basis and a dividend yield of 2.72%. The ex-dividend date of this dividend is Thursday, May 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 $11.00 per share and currently has a dividend yield of 2.82%. 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 42.95%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, GS will have a dividend payout ratio of 29.82% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for GS .

What ETFs hold The Goldman Sachs Group's stock?

ETFs with the largest weight of The Goldman Sachs Group (NYSE:GS) stock in their portfolio include iShares U.S. Broker-Dealers & Securities Exchanges ETF (IAI) , Invesco KBW Bank ETF (KBWB) , Global X Dow 30 Covered Call & Growth ETF (DYLG) , SPDR Dow Jones Industrial Average ETF Trust (DIA) , Nationwide Dow Jones Risk-Managed Income ETF (NDJI) , Global X Dow 30 Covered Call ETF (DJIA) , InfraCap Equity Income Fund ETF (ICAP) and ProShares Ultra Dow30 (DDM) .

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 institutional and retail investors. Top institutional investors include International Assets Investment Management LLC (1.40%), Los Angeles Capital Management LLC (0.07%), Cacti Asset Management LLC (0.06%), Miller Howard Investments Inc. NY (0.05%), Daymark Wealth Partners LLC (0.04%) and Artemis Investment Management LLP (0.04%). 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

Followed 107 TimesTop Followed Top-Rated Dividend StocksTop-Rated Dividend Most-Upgraded StocksMost-Upgraded

NYSE:GS

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

→ Bitcoin Rockets To Record High But Buy THIS Instead (From Paradigm Press) (Ad)

Free GS Stock Alerts

$403.91

+7.05 (+1.78%)

(As of 04/17/2024 ET)

Compare

Today's Range: $401.18
▼
$407.12
50-Day Range: $378.12
▼
$417.69
52-Week Range: $289.36
▼
$419.20

Volume: 4.36 million shs
Average Volume: 2.36 million shs
Market Capitalization: $131.08 billion

P/E Ratio: 15.77
Dividend Yield: 2.72%
Price Target: $434.93

Get The Goldman Sachs Group alerts:

The Goldman Sachs Group MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.75 Rating Score
Upside/Downside: 7.7% Upside
$434.93 Price Target
Short Interest: Healthy
1.57% of Float Sold Short
Dividend Strength: Moderate
Based on Four Factors
Sustainability: -0.40
Upright™ Environmental Score
News Sentiment: 0.70
Based on 107 Articles This Week
Insider Trading: Selling Shares
$13.95 M Sold Last Quarter
Proj. Earnings Growth: 12.61%
From $32.76 to $36.89 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.

4.53 out of 5 stars

Finance Sector

143rd out of 819 stocks

Security Brokers & Dealers Industry

9th out of 27 stocks

2.4

Analyst's Opinion

Consensus Rating
The Goldman Sachs Group has received a consensus rating of Moderate Buy. The company's average rating score is 2.75, and is based on 15 buy ratings, 5 hold ratings, and no sell ratings.
Amount of Analyst Coverage
The Goldman Sachs Group has been the subject of 14 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

3.0

Short Interest

Percentage of Shares Shorted
1.57% 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 2.2, 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 increased by 8.99%, indicating that investor sentiment is decreasing significantly.

2.5

Dividend Strength

Dividend Yield
The Goldman Sachs Group pays a meaningful dividend of 2.82%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
The Goldman Sachs Group has only been increasing its dividend for 3 years.
Dividend Coverage
The dividend payout ratio of The Goldman Sachs Group is 42.95%. 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 29.82% 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.

3.2

News and Social Media Coverage

News Sentiment
The Goldman Sachs Group has a news sentiment score of 0.70. 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 higher news sentiment than the 0.53 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 107 news articles for The Goldman Sachs Group this week, compared to 34 articles on an average week.
Search Interest
Only 131 people have searched for GS on MarketBeat in the last 30 days. This is a decrease of -2% compared to the previous 30 days.
MarketBeat Follows
109 people have added The Goldman Sachs Group to their MarketBeat watchlist in the last 30 days. This is an increase of 40% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, The Goldman Sachs Group insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $13,950,851.00 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
71.21% 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 12.61% in the coming year, from $32.76 to $36.89 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of The Goldman Sachs Group is 15.77, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 147.02.
Price to Earnings Ratio vs. Sector
The P/E ratio of The Goldman Sachs Group is 15.77, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 62.81.
Price to Earnings Growth Ratio
The Goldman Sachs Group has a PEG Ratio of 1.56. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
The Goldman Sachs Group has a P/B Ratio of 1.11. 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

Ad Priority Gold

Red Alert: Your Money's Disappearance Act - Banks' Greed Unleashed!

Get your free information kit NOW, before it’s too late. Inside you’ll get the 3 secret strategies you can put in place starting today, so “they” don’t get your money tomorrow.

Click here for your free guide

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

30 days | 90 days | 365 days | Advanced Chart

GS Stock News Headlines

April 17, 2024 | marketbeat.com

Prologis Stock Leading U.S. Logistics Boom (GS)

Logistics and warehousing real estate may come in handy during the manufacturing boom coming to U.S, markets. Prologis stock is the outlier as a bull pick.

April 17, 2024 | marketbeat.com

Lululemon’s P/E Is Back to 2017 Levels: Should You Buy the Dip? (GS)

Lululemon's dip is potentially the best deal in the apparel industry today, analysts and institutions still see double-digit upside for the stock

April 18, 2024 | DTI (Ad)

Don’t expose yourself to stocks during the week

The S&P 500 just crossed below the 200 day moving average… The Nasdaq is bleeding out… Are we headed for a recession?! If you’ve been in the stock market the last few months, it hasn’t been fun… But what if I told you there was a way to target “BONUS” income just by doing a unique type of trade over the weekend? When the markets are closed. And volatility is minimal.

April 16, 2024 | marketbeat.com

Retail Investors Can Follow Goldman Sachs' Moves This Quarter

The most expected time of the quarter is here. Earnings season for financial stocks has kicked off, letting investors gain insight into the pulse of the global financial markets.

April 16, 2024 | marketbeat.com

Retail Investors Can Follow Goldman Sachs' Moves This Quarter (GS)

Goldman Sachs joins the Wall Street view of stocks having potentially more room to move higher, the business cycle is only getting started

April 16, 2024 | marketbeat.com

Kinder Morgan Stock Bid Up In An Oil Breakout (GS)

Kinder Morgan is the oil stock that stood out to markets enough to bring its valuation to a premium above peers, and analysts still see a double-digit upside

April 15, 2024 | marketbeat.com

A strong quarter for Wall Street lifts Goldman's first-quarter results

Goldman Sachs said Monday it saw a double-digit rise in its first-quarter profits, lifted broadly by the stock and bond markets’ performances in the first months of the year

April 12, 2024 | marketbeat.com

You Can Follow BlackRock’s Market View for Your Money (GS)

BlackRock's quarterly results point Main Street in one direction. Stocks are still in favor as clients chose to invest in passive management rather than bonds

April 18, 2024 | DTI (Ad)

Don’t expose yourself to stocks during the week

April 11, 2024 | marketbeat.com

3 High Dividend Stocks to Replace Lower Savings Yields Ahead (GS)

Three stocks stand out as the most attractive dividend propositions, particularly now that savings yields may drop as a result of the Fed's rate cuts

April 11, 2024 | marketbeat.com

Corporate IT Spending Rebounds Could Push Salesforce Stock Higher (GS)

Salesforce may be set to benefit from increasing corporate IT spending budgets, Wall Street thinks that EPS and price targets could rise by double-digits.

April 10, 2024 | marketbeat.com

How to Protect your Portfolio Against a Rising VIX (GS)

Three stocks could soon become a safe haven for investors looking to escape the VIX's rise back to its 2024 highs. Steady financials and strong brands rule here

April 18, 2024 | americanbankingnews.com

Q3 2024 Earnings Forecast for The Goldman Sachs Group, Inc. Issued By Seaport Res Ptn (NYSE:GS)

April 17, 2024 | markets.businessinsider.com

Analysts Are Neutral on These Financial Stocks: Goldman Sachs Group (GS), Charles Schwab (SCHW)

April 17, 2024 | msn.com

Dow rallies nearly 125 points on gains in shares of UnitedHealth, Goldman Sachs

April 17, 2024 | msn.com

First Mover Americas: BTC Post-Halving – Remember the Macroeconomy: Goldman Sachs

April 17, 2024 | msn.com

Dow rallies 187 points on gains in UnitedHealth, Goldman Sachs stocks

April 17, 2024 | finance.yahoo.com

A Big Takeaway From Bank Earnings? Wall Street Is Winning Again.