What is the market cap of Goldman Sachs?
Goldman Sachs Group, Inc. ( GS) shares closed today at 0.3% above its 52 week low of $304.71, giving the company a market cap of $103B. The stock is currently down 19.7% year-to-date, down 11.8% over the past 12 months, and up 48.2% over the past five years. This week, the Dow Jones Industrial Average fell 2.4%, and the S&P 500 fell 2.3%.
What is fair value of Goldman Sachs Group (GS)?
Goldman Sachs Group, Inc. (The) (GS) Stock Price, News, Quote & History - Yahoo Finance Fair Value is the appropriate price for the shares of a company, based on its earnings and growth rate also interpreted as when P/E Ratio = Growth Rate.
What does Goldman Sachs Group do?
Analyst Report: The Goldman Sachs Group, Inc. Goldman Sachs is a leading global investment banking firm whose activities are organized into investment banking (20% of net revenue), global markets (40%), asset management (25%), and consumer and wealth management (15%) segments.
Why did Stocks close flat on Tuesday?
Stocks closed along the flatline on Tuesday as traders weighed higher rates, possible stimulus and political turmoil. The Dow Jones Industrial Average rose 60 points, or 0.2%, to 31,068.69.
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Who owns the most Goldman Sachs stock?
Top 10 Owners of Goldman Sachs Group IncStockholderStakeShares ownedThe Vanguard Group, Inc.8.51%29,222,736SSgA Funds Management, Inc.6.33%21,729,009BlackRock Fund Advisors4.60%15,795,399Massachusetts Financial Services ...2.68%9,205,8886 more rows
Has Goldman Sachs ever had a stock split?
We currently have no Split History on this stock.
What companies are owned by Goldman Sachs?
GS Lending Partners Holdings LLCDelawareGoldman Sachs Lending Partners LLCDelawareGoldman Sachs Bank USANew YorkGoldman Sachs Mortgage CompanyNew YorkGSCP (DEL) Inc.Delaware50 more rows
Is Goldman Sachs publicly traded?
The Goldman Sachs Group, Inc. trades on the New York Stock Exchange under the symbol GS.
Do I lose money if a stock splits?
Do you lose money if a stock splits? No. A stock split won't change the value of your stake in the company, it simply alters the number of shares you own.
When did GS last split?
Goldman Sachs has never split its shares since its IPO in 1999, and none of the company's key banking peers have split their shares in the last 17 years.
What is so special about Goldman Sachs?
Industry Leader. Across the globe, it's generally recognized that Goldman Sachs is the industry leader in investment banking. This is a great “why Goldman Sachs answer”. The firm consistently ranks at the top of various league tables and is the trusted advisor for the world's biggest corporations.
Is Goldman Sachs a good stock?
GS stock is a Hold as its valuations are fair and the company's shares have already corrected in anticipation of the YoY earnings drop in Q1 2022. Goldman Sachs' share price has already fallen by -16% year-to-date in 2022, and its current trailing price to tangible book value multiple is close to its 10-year mean.
How much does the CEO of Goldman Sachs make?
At Goldman, Solomon's total pay includes an annual base salary of $2 million and a variable compensation of $33 million, 70% of which is in the form of goal-based stock compensation or restricted stock units.
What was Goldman Sachs IPO price?
US$53 dollarsAt the time one of the largest financial services initial public offerings in US history, Goldman Sachs' IPO on May 4, 1999, involved 69 million shares (a stake of 15%) and raised US$3.657 billion. The shares were offered at US$53 dollars and they rose 33 percent, closing at US$70.375.
Can you buy stocks in Goldman Sachs?
Buy Goldman Sachs Group shares from these brokerages Compare special offers, low fees and a wide range of types of investments among top trading platforms. Trade stocks in the app or online with $0 commissions.
How much do VP at Goldman Sachs make?
How much does a Vice President at Goldman Sachs make? The typical Goldman Sachs Vice President salary is $183,446 per year. Vice President salaries at Goldman Sachs can range from $41,430 - $845,758 per year.
Is Goldman Sachs stock a Buy, Sell or Hold?
Goldman Sachs stock has received a consensus rating of buy. The average rating score is and is based on 39 buy ratings, 16 hold ratings, and 4 sell...
What was the 52-week low for Goldman Sachs stock?
The low in the last 52 weeks of Goldman Sachs stock was 286.88. According to the current price, Goldman Sachs is 100.05% away from the 52-week low.
What was the 52-week high for Goldman Sachs stock?
The high in the last 52 weeks of Goldman Sachs stock was 426.14. According to the current price, Goldman Sachs is 67.35% away from the 52-week high.
What are analysts forecasts for Goldman Sachs stock?
The 59 analysts offering price forecasts for Goldman Sachs have a median target of 376.72, with a high estimate of 576.00 and a low estimate of 19....
When will Goldman Sachs move to Tokyo?
How much did Goldman Sachs contribute to CVC?
Jul.01 -- Goldman Sachs Group Inc. is preparing to move its Japanese headquarters into a new Tokyo tower due for completion in 2023. Bloomberg’s Grace Huang reports on “Bloomberg Markets: Asia.”
Is Goldman Sachs a leading investment bank?
Goldman Sachs will contribute a 1 billion euro syndicated ($1.17 billion) loan to private equity firm CVC's planned 2.7 bln euro investment in Spain's top football league, LaLiga, two sources familiar with the matter said on Wednesday.
Does Goldman Sachs wear masks?
Goldman Sachs (NYSE: GS) is well-known as a leading investment bank -- but that's not all this incredible institution does, and it isn't where its largest growth potential lies. In this Fool Live video clip, recorded on June 23, Fool.com contributor Matt Frankel, CFP, discusses one big part of Goldman Sachs' business that too many investors are overlooking. Everybody knows Goldman Sachs.
Is Goldman Sachs a leading investment bank?
Goldman Sachs , JP Morgan and KPMG staff told to wear masks in the office. Goldman Sachs, JP Morgan and KPMG have all told staff to wear face masks when they return to the office on Monday. However, Aviva has made masks "optional" for staff in its offices in England and workers will still be required to get a negative Covid test before returning.
Did Didi Chuxing get banned?
Goldman Sachs (NYSE: GS) is well-known as a leading investment bank -- but that's not all this incredible institution does, and it isn't where its largest growth potential lies. In this Fool Live video clip, recorded on June 23, Fool.com contributor Matt Frankel, CFP, discusses one big part of Goldman Sachs' business that too many investors are overlooking. Everybody knows Goldman Sachs.
What happened
(Bloomberg) -- China’s cyberspace regulator ordered app stores to remove Didi Chuxing, dealing a major blow to a ride-hailing giant that just days ago pulled off one of the largest U.S. initial public offerings of the past decade.The Cyberspace Administration of China announced the ban Sunday, citing serious violations on Didi Global Inc.’s collection and usage of personal information, without elaborating. That unusually swift decision came two days after the regulator said it was starting a cyb
So what
The stock market was having a rough start to the trading week on Tuesday, with all three major averages firmly in the red. However, investment banking giant Goldman Sachs ( GS -0.51% ) was a big underperformer. As of 10:45 a.m. ET, Goldman has fallen 8% for the day.
NYSE: GS
As you might expect given the time of year, earnings are to blame. Goldman Sachs reported its fourth-quarter earnings on Tuesday morning, and it's fair to say that investors are disappointed.
Now what
One big culprit was rising expenses, which has been a major trend throughout the industry. In fact, Goldman's operating expenses soared by 23% year over year and were $500 million higher than analysts had been looking for, with higher pay and benefits one of the main reasons cited by management.
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It's important to take any single-quarter earnings miss with a big grain of salt, but there are some things investors should definitely keep an eye on.
NYSE: GS
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Goldman Sachs has posted strong earnings growth this year, but analysts see things slowing down in 2022
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A year for the record books
Goldman Sachs ( GS -0.86% ) crushed earnings this quarter. The firm beat analysts' expectations on revenue estimates by 16%, and by 47% on earnings per share (EPS) estimates. It benefited from strong activity in mergers and acquisitions (M&A), as well as a hot market for initial public offering (IPOs).
NYSE: GS
In the third quarter, Goldman Sachs's investment banking unit brought in $3.7 billion in revenue -- 27% of the firm's total in the period. Through the nine months of this year, it had $11 billion in investment banking revenue, 24% of its total.
Can investment banks keep crushing it?
The gains can be traced to the blistering pace of M&A and IPOs this year. According to Refinitiv, 2021 has been a year for the record books. Through three quarters, there have been 40,000 M&A deals totaling $4.4 trillion, the highest since records began being kept in 1980.
Analysts expect growth to slow down
This boom in deal activity, which has been welcomed by Goldman Sachs, JPMorgan Chase, Morgan Stanley, and other investment banks, should be seen for what it is -- a boom, and they always wind down eventually.
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One reason Goldman Sachs is trading at such a discount probably is because the same forces that drove strong profits this year might not be as strong into next year.