The Goldman Sachs Group, Inc. (GS)
| Market Cap | 125.80B |
| Revenue (ttm) | 45.53B |
| Net Income (ttm) | 7.23B |
| Shares Out | 326.11M |
| EPS (ttm) | 20.69 |
| PE Ratio | 18.65 |
| Forward PE | 11.57 |
| Dividend | $11.00 (2.85%) |
| Ex-Dividend Date | Nov 29, 2023 |
| Volume | 609,498 |
| Open | 385.57 |
| Previous Close | 386.41 |
| Day's Range | 383.57 - 386.64 |
| 52-Week Range | 289.36 - 387.76 |
| Beta | 1.44 |
| Analysts | Buy |
| Price Target | 399.80 (+3.64%) |
| Earnings Date | Jan 16, 2024 |
About GS
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 Global Banking & Markets, Asset & Wealth Management, and Platform Solutions segments. The Global Banking & Markets segment provides financial advisory services, including strategic advisory assignments related to mergers and acquisitions, divestitures, corporate defense activities, restructurings, and spin-offs; and relationship lending, and acquisiti... [Read more]
Financial Performance
In 2022, GS's revenue was $47.37 billion, a decrease of -20.18% compared to the previous year's $59.34 billion. Earnings were $10.76 billion, a decrease of -49.11%.
Financial StatementsAnalyst Forecast
According to 19 analysts, the average rating for GS stock is "Buy." The 12-month stock price forecast is $399.8, which is an increase of 3.64% from the latest price.
News
Bank stocks are poised to outperform broader markets in 2024, says RBC's Gerard Cassidy
RBC's Gerard Cassidy joins 'Fast Money' to talk his outlook for bank stocks in 2024.
Three-Stock Lunch: Goldman Sachs, PepsiCo & Valmont Industries
Michael Farr, CEO at Farr, Miller & Washington, joins 'Power Lunch' to discuss three stocks: Goldman Sachs, PepsiCo, and Valmont Industries.
Goldman's partnership is too much of a good thing
The hallowed Goldman Sachs (GS.N) partnership is an undeniable part of the Wall Street firm's cachet. For more than 150 years, the elite club has helped attract top-notch financiers. It is also too mu...
Oppenheimer is bullish on the major banks heading into 2024
Stephanie Link, Joe Terranova and Jim Lebenthal join the 'Halftime Report' to debate their favorite bank names.
Goldman could be on the cusp of getting another facelift under David Solomon
David Solomon takes the stage at Goldman Sachs' 2023 Investor DayEmmalyse Brownstein screenshot This post originally appeared in the Insider Today newsletter. You can sign up for Insider's daily newsl...
3 Fitness Stocks Ready to Rally in the New Year
One of the most common New Year's resolutions is to lose weight. That makes this a good time to consider fitness stocks as additions to your portfolio in 2024.
Goldman Sachs names Rivera as co-head of Latin America-memo
Goldman Sachs named Osmin Rivera as co-head of Latin America to succeed Ricardo Mora, who will retire at the end of the year, according to two separate memos seen by Reuters.
January will be pretty dry for bank stocks, says UBS analyst Erika Najarian
Erika Najarian, UBS Securities analyst, joins 'Squawk on the Street' to discuss the firm's 2024 outlook for banks, the impact of the upcoming presidential election, and more.
Report: Goldman May See Pressure in Leaving Apple Partnership
Goldman Sachs is reportedly facing an uphill climb in exiting its Apple Card partnership. The Wall Street giant is expected to face pressure from possible issuers to lower the value of its stake to ma...
Are bank stocks poised for a rebound? Three picks for 2024
Bank stocks have lagged behind the broad market for most of 2023, and the failure of three large institutions early in the year may have left a sour taste in investors' mouths. But some bank stocks ar...
3 energy stocks and the truth behind their bargain deals
Now that the markets have taken a turn for the better, backed by macroeconomic conditions and a more dovish FED going into 2024, it is more important than ever for your portfolio to be loaded with che...
Goldman Sachs faces rocky exit from Apple credit card partnership
Four years after Goldman Sachs introduced a credit card with Apple, the Wall Street giant faces a costly exit from a partnership that is seen by other lenders as too risky and unprofitable.
Bond prices rally for JPMorgan, Morgan Stanley, Goldman Sachs and Bank of America as sentiment turns bullish on money-center banks
Corporate bonds from the big money-center banks are rallying in concert with their stock prices amid more bullish sentiment on Wall Street about potential interest-rate cuts in 2024.
Bank stocks rally to pre-crisis levels after Fed meeting
Shares in U.S. banks were rallying strongly on Thursday after the Federal Reserve signaled potential interest rate cuts in 2024 with the sector returning to its highest level since early March just be...
These Stocks Have Gained The Most During Stock Market's Record Rally
The stock market's nearly two-month-long rally culminated this week with the Dow Jones Industrial Average hitting an all-time high, officially erasing all the losses associated with the spike in inter...
The Dow Jones Industrial Average Is Back, and These Stocks Are Driving It to New Highs
The blue-chip index is on the cusp of a new high, boosted by hopes for a soft landing and hype about artificial intelligence.
Goldman Sachs commodities-trading head to retire after 24 years
Goldman Sachs Group Inc. GS, -0.05% executive Ed Emerson plans to retire in 2024 after 24 years at the bank, according to an internal memo seen by MarketWatch. Emerson, who currently serves as head of...
Goldman's $100 Million Trader Stood Out on Many Fronts
Goldman Sachs Group Inc.'s Ed Emerson, the commodities-trading boss who is leaving after reaping $100 million since 2020, occupied a distinctive niche within the bank, with hedge fund-like pay and a p...
Goldman Sachs Appoints Wells Fargo Executive Paul Camp to Head Transaction Banking
Goldman Sachs has reportedly appointed Wells Fargo executive Paul Camp as its new head of transaction banking. Camp will also become a Goldman partner, Reuters reported Monday (Dec. 11).
Goldman hires Wells Fargo executive as head of transactional banking
Goldman Sachs Group Inc. GS, +0.23% is hiring former Wells Fargo & Co. WFC, -0.14% executive Paul Camp as partner and head of transaction banking at the firm, according to an internal memo seen by Mar...
Final Trades: Cisco, Goldman Sachs and KLA Corp.
The "Halftime Report" traders give their top picks: Cisco, Goldman Sachs and KLA Corp.
Goldman Sachs hires Wells Fargo executive to lead transaction banking
Goldman Sachs has hired former Wells Fargo executive Paul Camp as its new head of transaction banking, according to a memo seen by Reuters.
Calls of the Day: Top bank picks
Goldman Sachs is named a Top 2024 Pick with a $400 price target at KBW. The Investment Committee share their top bank picks.
Big bank CEOs testify before Congress: Top takeaways
The CEOs of America's largest banks, including Bank of America (BAC) Chairman and CEO Brian Moynihan, JPMorgan Chase (JPM) Chairman and CEO Jamie Dimon, Citigroup (C) CEO Jane Fraser, and more, testif...