Goldman Sachs Group Stock Today

GS Stock  USD 384.37  2.84  0.73%   

Performance

2 of 100

 
Low
 
High
Weak

Odds Of Distress

Less than 3

 
100  
 
Zero
Very Low
Goldman Sachs is selling for under 384.37 as of the 18th of March 2024; that is -0.73 percent decrease since the beginning of the trading day. The stock's lowest day price was 383.41. Goldman Sachs has a very small chance of experiencing financial distress in the next few years but had a somewhat weak performance during the last 90 days. Equity ratings for Goldman Sachs Group are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of March 2022 and ending today, the 18th of March 2024. Click here to learn more.
Business Domain
Financial Services
IPO Date
3rd of May 1999
Classification
Financials
The Goldman Sachs Group, Inc., a financial institution, provides a range of financial services for corporations, financial institutions, governments, and individuals worldwide. The company was founded in 1869 and is headquartered in New York, New York. The company has 325.56 M outstanding shares of which 4.88 M shares are currently sold short in the market by investors with about 2.11 days to cover all shorted shares. More on Goldman Sachs Group

Moving together with Goldman Stock

  0.61V Visa Class A Fiscal Quarter End 31st of March 2024 PairCorr
  0.63BK Bank of New York Fiscal Quarter End 31st of March 2024 PairCorr
  0.78BN Brookfield Corp Sell-off TrendPairCorr

Moving against Goldman Stock

  0.6RC Ready Capital Corp Financial Report 13th of May 2024 PairCorr
  0.56DHIL Diamond Hill InvestmentPairCorr
  0.45PX P10 Inc Financial Report 20th of May 2024 PairCorr

Goldman Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Goldman Sachs' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Goldman Sachs or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, Goldman Sachs' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Goldman Sachs' managers, analysts, and investors.
Environment Score
Governance Score
Social Score
Vice ChairmanJohn Weinberg
Thematic Ideas
Showing 3 out of 5 themes
Old NameGluskin Sheff + Associates Inc
Business ConcentrationInvestment Banking & Brokerage, Financial Services, NYSE Composite, Dow Jones Industrial, SP 500 Index, ARCA Securities Broker, SP 100 Index, SP 100, Dow Jones Composite, NYSE US 100, Trading, Cash Cows, SRI Sustainable Growth, FinTech, Momentum, Financials, Capital Markets, Capital Markets, Financial Services (View all Sectors)
Average Analyst Recommendation
Analysts covering Goldman Sachs report their recommendations after researching Goldman Sachs' financial statements, talking to executives and customers, or listening in on Goldman Sachs' conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Goldman Sachs Group. The Goldman consensus assessment is calculated by taking the average forecast from all of the analysts covering Goldman Sachs.
Financial Strength
Based on the key indicators related to Goldman Sachs' liquidity, profitability, solvency, and operating efficiency, Goldman Sachs Group is doing better financially then in previous quarter. It has a moderate chance of reporting better financial numbers in April. Financial strength of Goldman Sachs Group is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.00950.0052
Way Up
Very volatile
Asset Turnover0.04170.0282
Way Up
Very volatile
Gross Profit Margin0.510.6421
Significantly Down
Very volatile
Total Current Liabilities1.3 T1.2 T
Sufficiently Up
Slightly volatile
Non Current Liabilities Total273.8 B331.6 B
Significantly Down
Slightly volatile
Total Assets940.1 B1.6 T
Way Down
Slightly volatile
Total Current Assets1.1 TT
Sufficiently Up
Slightly volatile
Goldman Sachs' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Goldman Sachs' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Goldman Sachs' bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of Goldman Sachs' outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Goldman Sachs' financial leverage. It provides some insight into what part of Goldman Sachs' total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Goldman Sachs' books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Goldman Sachs deploys its capital and how much of that capital is borrowed.
Liquidity
Goldman Sachs cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company reports 643.62 B of total liabilities with total debt to equity ratio (D/E) of 4.86, which implies that the company may not be able to produce enough cash to satisfy its debt commitments. Goldman Sachs Group has a current ratio of 1.67, which is generally considered normal. Debt can assist Goldman Sachs until it has trouble settling it off, either with new capital or with free cash flow. So, Goldman Sachs' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Goldman Sachs Group sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Goldman to invest in growth at high rates of return. When we think about Goldman Sachs' use of debt, we should always consider it together with cash and equity.

Dividends Paid

4.4 Billion
Goldman Sachs Group (GS) is traded on New York Stock Exchange in USA. It is located in 200 West Street, New York, NY, United States, 10282 and employs 45,300 people. Goldman Sachs is listed under Investment Banking & Brokerage category by Fama And French industry classification. The company currently falls under 'Mega-Cap' category with a market capitalization of 126.06 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Goldman Sachs's market, we take the total number of its shares issued and multiply it by Goldman Sachs's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Goldman Sachs Group is active under Capital Markets sector as part of Financials industry. The entity has 325.56 M outstanding shares of which 4.88 M shares are currently sold short in the market by investors with about 2.11 days to cover all shorted shares. Goldman Sachs Group reports about 242 B in cash with 9.71 B of positive cash flow from operations.
Check Goldman Sachs Probability Of Bankruptcy
Ownership Allocation
Goldman Sachs Group has a total of 325.56 Million outstanding shares. The majority of Goldman Sachs Group outstanding shares are owned by outside corporations. These institutional investors are usually referred to as non-private investors looking to purchase positions in Goldman Sachs to benefit from reduced commissions. Consequently, third-party entities are subject to a different set of regulations than regular investors in Goldman Sachs Group. Please pay attention to any change in the institutional holdings of Goldman Sachs Group as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company holds, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Goldman Ownership Details

Goldman Stock Price Odds Analysis

Attributed to a normal probability distribution, the odds of Goldman Sachs jumping above the current price in 90 days from now is about 34.78%. The Goldman Sachs Group probability density function shows the probability of Goldman Sachs stock to fall within a particular range of prices over 90 days. Allowing for the 90-day total investment horizon the stock has a beta coefficient of 1.164. This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Goldman Sachs will likely underperform. Additionally, the company has an alpha of 2.0E-4, implying that it can generate a 2.06E-4 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 384.37HorizonTargetOdds Above 384.37
64.74%90 days
 384.37 
34.78%
Based on a normal probability distribution, the odds of Goldman Sachs to move above the current price in 90 days from now is about 34.78 (This Goldman Sachs Group probability density function shows the probability of Goldman Stock to fall within a particular range of prices over 90 days) .

Goldman Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Goldman Sachs that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Goldman Sachs' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Goldman Sachs' value.
InstituionRecorded OnShares
Alliancebernstein L.p.2023-12-31
3.2 M
Northern Trust Corp2023-12-31
3.2 M
Norges Bank2023-12-31
2.9 M
Bank Of America Corp2023-12-31
2.9 M
Legal & General Group Plc2023-12-31
2.7 M
Amvescap Plc.2023-12-31
2.7 M
Eagle Capital Management Llc2023-12-31
2.6 M
Royal Bank Of Canada2023-12-31
2.4 M
Greenhaven Associates Inc2023-12-31
2.3 M
Vanguard Group Inc2023-12-31
28.5 M
Blackrock Inc2023-12-31
23 M
View Goldman Sachs Diagnostics

Goldman Sachs Historical Income Statement

Goldman Sachs Group Income Statement is one of the three primary financial statements used for reporting Goldman's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Goldman Sachs Group revenue and expense. Goldman Sachs Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Goldman Sachs' Total Other Income Expense Net is comparatively stable compared to the past year. Income Tax Expense is likely to gain to about 3.3 B in 2024, whereas Selling And Marketing Expenses is likely to drop slightly above 561.6 M in 2024. View More Fundamentals

Goldman Stock Against Markets

Picking the right benchmark for Goldman Sachs stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Goldman Sachs stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Goldman Sachs is critical whether you are bullish or bearish towards Goldman Sachs Group at a given time. Please also check how Goldman Sachs' historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Goldman Sachs without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Cryptocurrency Center Now

   

Cryptocurrency Center

Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
All  Next Launch Module

Goldman Sachs Corporate Directors

Goldman Sachs corporate directors refer to members of a Goldman Sachs board of directors. The board of directors generally takes responsibility for the Goldman Sachs' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Goldman Sachs' board members must vote for the resolution. The Goldman Sachs board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Mark WinkelmanIndependent DirectorProfile
Mark FlahertyIndependent DirectorProfile
Peter OppenheimerIndependent DirectorProfile
Michele BurnsIndependent DirectorProfile

How to buy Goldman Stock?

Before investing in Goldman Sachs, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Goldman Sachs. To buy Goldman Sachs stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Goldman Sachs. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Goldman Sachs stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Goldman Sachs Group stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Goldman Sachs Group stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Goldman Sachs Group, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Goldman Stock please use our How to Invest in Goldman Sachs guide.

Already Invested in Goldman Sachs Group?

The danger of trading Goldman Sachs Group is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Goldman Sachs is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Goldman Sachs. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Goldman Sachs Group is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Goldman Sachs Group is a strong investment it is important to analyze Goldman Sachs' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Goldman Sachs' future performance. For an informed investment choice regarding Goldman Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Goldman Sachs Group. Also, note that the market value of any Company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.

Complementary Tools for Goldman Stock analysis

When running Goldman Sachs' price analysis, check to measure Goldman Sachs' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Goldman Sachs is operating at the current time. Most of Goldman Sachs' value examination focuses on studying past and present price action to predict the probability of Goldman Sachs' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Goldman Sachs' price. Additionally, you may evaluate how the addition of Goldman Sachs to your portfolios can decrease your overall portfolio volatility.
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
CEOs Directory
Screen CEOs from public companies around the world
Price Transformation
Use Price Transformation models to analyze the depth of different equity instruments across global markets
Money Managers
Screen money managers from public funds and ETFs managed around the world
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
Is Goldman Sachs' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Goldman Sachs. If investors know Goldman will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Goldman Sachs listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.649
Dividend Share
10.5
Earnings Share
22.88
Revenue Per Share
132.705
Quarterly Revenue Growth
0.116
The market value of Goldman Sachs Group is measured differently than its book value, which is the value of Goldman that is recorded on the company's balance sheet. Investors also form their own opinion of Goldman Sachs' value that differs from its market value or its book value, called intrinsic value, which is Goldman Sachs' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Goldman Sachs' market value can be influenced by many factors that don't directly affect Goldman Sachs' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Goldman Sachs' value and its price as these two are different measures arrived at by different means. Investors typically determine if Goldman Sachs is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Goldman Sachs' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.