- Financial - Capital Markets
- Financial Services
-
33.62
EPS
-
14.44
P/E
-
153B
MARKET CAP
-
2.27%
DIV YIELD
Company Overview
200 WEST STREET,NEW YORK NY 10282,212-902-1000
CEO
Mr. David Solomon
Employess
44300
Sector
Financial Services
Industry
Financial - Capital Markets
Website
https://www.goldmansachs.com
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 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, as well as originates structured securities. Its Global Markets segment is involved in client execution activities for cash and derivative instruments; credit and interest rate products; and provision of equity intermediation and equity financing, clearing, settlement, and custody services, as well as mortgages, currencies, commodities, and equities related products. The company's Asset Management segment manages assets across various classes, including equity, fixed income, hedge funds, credit funds, private equity, real estate, currencies, and commodities; and provides customized investment advisory solutions, 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, deposit taking, and lending; private banking; and unsecured loans, as well as accepts saving and time deposits. The company was founded in 1869 and is headquartered in New York, New York.
Next Earnings Date
Oct. 15, 2024
Ex Dividends date
Sep. 27, 2024
Dividend Date
Aug. 30, 2024
YTD Performance
25.03%
Fiscal Year End
12-31
IPO Date
1999-05-04
Growth Rates
| (avg. rate of change) | 10 years | 5 years | 3 years | 1 year |
|---|---|---|---|---|
| Sales/Revenue | 3.80% | 6.72% | 4.60% | -2.35% |
| EPS | 3.73% | -3.09% | -2.47% | -24.11% |
| Equity | 4.07% | 5.37% | 6.79% | -0.08% |
| Cash | 14.73% | 13.19% | 15.69% | -48.26% |
| Return On Capital (ROIC) | 3.28% | 3.66% | 4.41% | 1.12% |
Debt
| year (millions) | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|
| Short Term Debt | 442,000 | 61,000 | 47,000 | 53,000 | 48,000 |
| Long Term Debt | 200,000 | 247,000 | 254,000 | 213,000 | 207,000 |
| LT Finance Leases | 2,000 | 2,150 | 2,290 | 2,280 | 2,380 |
| Shares Outstanding | 341 | 352 | 350 | 356 | 372 |
| Market Cap | 131,000 | 121,000 | 134,000 | 94,000 | 85,400 |
Price
News
Goldman Sachs (GS) Up 24.2% YTD: What are the Reasons?
1 monthGoldman Sachs (GS) is refocusing on its core strengths of IB and trading operations. Its strong balance sheet position will aid financials in the upcoming period.
zacks.com
China will have nearly twice the pets than young children by 2030, Goldman Sachs says
1 monthChina's urban pet population is set to hit over 70 million by the end of the decade, while the number of children under the age of four will dwindle to less than 40 million, a Goldman Sachs report showed. In 2017, the situation was just the opposite — there were 90 million children aged under four, compared to the urban pet population of around 40 million.
cnbc.com
Goldman's David Solomon predicts Fed won't make emergency rate cuts
1 month“The economy will chug along and we probably won't see a recession,” he said.
nypost.com
Here is What to Know Beyond Why The Goldman Sachs Group, Inc. (GS) is a Trending Stock
1 monthGoldman (GS) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
zacks.com
Bank of America: Buffett's Selling Activity Could Be a Bad Sign
1 monthWarren Buffett (Trades, Portfolio)'s Berkshire Hathaway (BRK.A, Financial) (BRK.B, Financial) sold about 34 million shares of Bank of America Corp. (BAC, Financial) between July 17 and July 19, 19 million shares between July 22 and 24 and another 18.40 million shares between July 30 and Aug. 1, according to recent Form 4 filings.
gurufocus.com
Very Bad News For BDCs
1 monthThe BDC sector is now in a correction. It also faces numerous significant headwinds. We share our outlook on and approach to the sector moving forward.
seekingalpha.com
Investment Banking Surged in the First Half of 2024: 3 Stocks to Buy Hand Over Fist Today
1 monthInvestment banking activity fell off in the last few years due to rising interest rates and market volatility. But debt and equity underwriting have bounced back significantly in the first half of the year.
fool.com
Boeing Poised for Free Cash Flow Surge Post-2024, Optimism Fueled by Production and New CEO: Goldman Sachs
1 monthThe Boeing Company BA shares are trading lower today. The National Transportation Safety Board disclosed that executives from Boeing and Spirit AeroSystems Holdings, Inc. SPR will testify at a hearing scheduled for Aug. 6-7 in Washington regarding the in-flight blowout on a Boeing 737-9 MAX in January.
benzinga.com
U.S. Bank Stocks Fell Amid Concern of Economic Slowdown
1 monthShares of Citigroup (C), JPMorgan (JPM), Bank of America (BAC), Wells Fargo (WFC), Goldman Sachs (GS) and other U.S. banks tumbled after a weak July jobs report.
zacks.com
Goldman Sachs (GS) is a Top Dividend Stock Right Now: Should You Buy?
1 monthDividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Goldman Sachs (GS) have what it takes?
zacks.com
US banks tumble as weak economic data sparks recession fears
1 monthU.S. bank stocks slumped on Monday as fears of a recession sent investors fleeing from a sector closely tied to the health of the economy and toward safe-haven assets.
reuters.com
Goldman Sachs economists raise ‘limited' risk of US recession to 25% chance: report
2 monthsEconomists at Goldman Sachs raised the likelihood of the U.S. economy slipping into a recession within the next 12 months from 15% to 25%.
nypost.com