GS - The Goldman Sachs Group, Inc.

NYSE - NYSE Delayed Price. Currency in USD
242.49
-4.18 (-1.69%)
At close: 4:00PM EDT

242.88 +0.39 (0.16%)
After hours: 7:37PM EDT

Stock chart is not supported by your current browser
Previous Close246.67
Open248.82
Bid0.00 x 0
Ask0.00 x 0
Day's Range240.04 - 249.15
52 Week Range209.62 - 275.31
Volume4,705,066
Avg. Volume3,523,890
Market Cap93.989B
Beta1.29
PE Ratio (TTM)26.92
EPS (TTM)9.01
Earnings DateJul 17, 2018
Forward Dividend & Yield3.00 (1.16%)
Ex-Dividend DateN/A
1y Target Est275.78
Trade prices are not sourced from all markets
  • Motley Fool4 hours ago

    A Trio of Financial Sector Headlines

    Here’s a roundup of the past week’s news from Wells Fargo, Goldman Sachs, Morgan Stanley, and SunTrust.

  • Oilprice.com4 hours ago

    Goldman: Oil Demand Will Continue To Soar

    Saudi Arabia is aiming to push oil prices well above $70 per barrel, and it seems that the Kingdom may get its wish as demand continues to soar

  • Interactive Brokers Group’s Lower Valuations: Can It Recover?
    Market Realist4 hours ago

    Interactive Brokers Group’s Lower Valuations: Can It Recover?

    Interactive Brokers Group’s (IBKR) EV-to-EBITDA ratio stood at ~19.3x on an NTM (next-12-months) basis, which indicates that the company has discounted valuations. The average of other industry players is ~35.7x. 

  • Goldman Sachs Makes First Official Hire to Its Cryptocurrency Department
    Bitcoin Magazine10 hours ago

    Goldman Sachs Makes First Official Hire to Its Cryptocurrency Department

    Multinational investment bank and financial services company Goldman Sachs has hired the first official employee for its cryptocurrency markets unit. Justin Schmidt, a former trader, has been serving as the enterprise’s first head of digital asset markets in the securities division since April 16, 2018.Holding a computer science degree from the Massachusetts Institute of Technology, Schmidt previously served as the vice-president of quantitative trading firm Seven Eight Capital, LLC, which trades strategies based on mathematical computations and numbers crunching to identify trading opportunities. While his addition to the Goldman Sachs team marks an important step, the company is remaining relatively silent about its future in the crypto arena.“In response to client interest in various digital products, we are exploring how best to serve them in the space, but at this point, we have not reached a conclusion on the scope of our digital asset offering,” explained spokeswoman Tiffany Galvin-Cohen.Rumors have swelled regarding Goldman’s alleged crypto program since December 2017, after it was reported that the bank was launching a crypto trading desk. Goldman executives have dismissed the rumors, even though in 2015, the company was part of a $50 million funding round with digital payment platform Circle. At the time, Circle was built specifically to allow bitcoin trading, but the company has since become a payments enterprise; it later produced a secondary item designed for trading in the form of a mobile text app.Though its desk may be non-existent, Goldman seems eager to explore its “range of options” for assisting clients who seek to dabble in cryptocurrencies.“The job of a bank’s trading desks is to help clients trade the financial stuff that they want to trade,” explained Matt Levine, managing director and the global head of Technology Risk Advisory. “If the sorts of customers who are banks’ customers want to trade a thing, then that thing becomes a financial thing, and so the banks had better start helping them trade it.”At press time, Goldman is working primarily as a facilitator for its “crypto-curious customers” rather than a market maker. The company is offering clients exposure to bitcoin through its bitcoin futures contracts on the Cboe Global Markets and CME Group exchanges, though it’s merely serving in a “middleman capacity,” ensuring that anyone who places an order can get their hands on crypto.The company is not presently active on any digital currency exchanges, though it will be interesting to see if this changes as its digital asset department grows. This article originally appeared on Bitcoin Magazine.

  • Reuters16 hours ago

    CityFibre agrees $750 million takeover by Goldman Sachs consortium

    CityFibre (CITYC.L) agreed a 538 million pounds takeover by a Goldman Sachs-backed consortium on Tuesday, saying it will be easier to fund its plan to build full-fibre networks serving 20 percent of the UK market under private ownership. The consortium, jointly owned by Goldman Sachs' (GS.N) West Street Infrastructure Partners and private equity firm Antin, will pay 81 pence a share, a 93 percent premium to Monday's closing price of 42 pence, CityFibre said. CityFibre, which listed in 2014, is building its own fibre-optic broadband network in Britain, taking on national provider BT (BT.L) in selected towns and cities.

  • Reuters16 hours ago

    CityFibre agrees $750 mln takeover by Goldman Sachs consortium

    CityFibre agreed a 538 million pounds ($750 million) takeover by a Goldman Sachs-backed consortium on Tuesday, saying it will be easier to fund its plan to build full-fibre networks serving 20 percent of the UK market under private ownership. The consortium, jointly owned by Goldman Sachs' West Street Infrastructure Partners and private equity firm Antin, will pay 81 pence a share, a 93 percent premium to Monday's closing price of 42 pence, CityFibre said. CityFibre, which listed in 2014, is building its own fibre-optic broadband network in Britain, taking on national provider BT in selected towns and cities.

  • Financial Times18 hours ago

    [$$] Goldman-backed consortium to buy CityFibre for £538m

    CityFibre , the British telecoms company, has recommended a £538m takeover by a consortium of infrastructure funds backed by Goldman Sachs pitched at a 93 per cent premium to the share price of the company. ...

  • Oilprice.comyesterday

    What Is A ‘Fair’ Price For Oil?

    Analysts and officials are scrambling to determine what the ‘fair’ price of oil might be as geopolitical tensions escalate and driving season approaches

  • TheStreet.comyesterday

    Bitcoin Today: Prices Flirt With $9,000 After Weekend Boom

    Signs pointed to price strength in Monday trading after the No. 1 digital currency by market value surged over the weekend. Bitcoin prices soared as high as $9,000 on Sunday trading, capping a weekend of gains that saw the cryptocurrency climb to levels not seen since March 22. Trading volume also surged, reaching $8.4 billion Friday and $7.5 billion Saturday.

  • Benzingayesterday

    Today In Cryptocurrency: Bitcoin Cash Booms, Investor Compares Bitcoin To The Internet

    The cryptocurrency market took a breather on Monday after a big rally last week, with top cryptos trading mostly flat on the day. Here’s a look at some of the headlines that were moving the cryptocurrency ...

  • Reutersyesterday

    Goldman names new head of private wealth management for Americas

    (Reuters) - Goldman Sachs Group Inc on Monday named company veteran John Mallory to lead its private wealth management business in the Americas. The business is part of the Wall Street bank's investment ...

  • Reutersyesterday

    Goldman names new head of private wealth management for Americas

    Goldman Sachs Group Inc on Monday named company veteran John Mallory to lead its private wealth management business in the Americas. The business is part of the Wall Street bank's investment management ...

  • Goldman Taps John Mallory to Head Unit Targeting America’s Super-Rich
    Bloombergyesterday

    Goldman Taps John Mallory to Head Unit Targeting America’s Super-Rich

    Goldman Sachs Group Inc. picked John Mallory to lead its private wealth management business in the Americas as the firm known for its prowess in Wall Street dealmaking tries to catch up with rivals catering to the uber wealthy. Mallory, a partner based in California, will oversee efforts to win clients in the U.S. and Latin America while the private bank carries out a plan to expand its global fleet of advisers by almost a third through 2020. A representative for the bank confirmed the new role for Mallory.

  • Investopediayesterday

    Goldman's Crypto Initiative Could Force Rivals to Follow Suit

    Goldman's new VP and head of digital asset markets could force traditional brokers to jump on the cryptocurrency bandwagon.

  • Goldman Sachs to Relocate Dubai Banker Mazen Makarem to New York
    Bloombergyesterday

    Goldman Sachs to Relocate Dubai Banker Mazen Makarem to New York

    Mazen Makarem, a senior banker with Goldman Sachs Group Inc. in Dubai, is relocating to New York to cover private equity firms, sovereign wealth funds and family offices.

  • CNBCyesterday

    Goldman Sachs makes first hire in cryptocurrency markets unit

    The Wall Street giant enlisted Justin Schmidt, a former trader, to be the first head of digital asset markets in Goldman's securities division.

  • Big US Banks Continued to Report Robust Earnings
    Market Realistyesterday

    Big US Banks Continued to Report Robust Earnings

    The six big US banks (XLF) (VFH)—JPMorgan Chase (JPM), Citigroup (C), Wells Fargo (WFC), Goldman Sachs (GS), Morgan Stanley (MS), and Bank of America (BAC)—posted record profits in 1Q18 due to tax savings under the new tax law. According to an Associated Press estimate, the six banks saved at least $3.59 billion last quarter due to the new tax law.

  • MarketWatch3 days ago

    Goldman was king of the quarter, but Morgan is the one to buy, analysts say

    ‘Happy days are here again’ for Goldman, but Morgan is the better buy, analysts say.Morgan Stanley, the little bank - okay, the smaller-than-Goldman-bank - that may be beating its more prestigious rival. Goldman Sachs Group Inc. had a blowout first quarter as market churn spurred investors to trade more, and the company won more business from companies seeking advice on making deals and raising money. “Happy days are here again,” wrote James Fotheringham, an analyst with BMO Capital Markets, of Goldman’s results.

  • MarketWatch3 days ago

    Goldman had a below-average quarter trading its own stock

    Goldman Sachs Group Inc. didn’t do a very good job trading its own stock during the first quarter, as it paid about $12 million more on buybacks than if it had purchased shares at average closing prices. In the report, Goldman said it repurchased 3.0 million shares of common stock at an average cost of $264.32 a share, which translates to about $792.96 million. The average closing price during the quarter was $260.35.

  • Is Morgan Stanley Fairly Valued?
    Market Realist3 days ago

    Is Morgan Stanley Fairly Valued?

    Morgan Stanley (MS) stock has fallen 4.6% over the past three months and risen 28.7% over the past year. In comparison, the overall sector (XLF) has fallen 6.4% and risen 19.1%, respectively. The bank’s asset management offerings, interest income, and consistent trading revenue have continued to support its strong performance.

  • How Wall Street Views Morgan Stanley after Its Strong Results
    Market Realist4 days ago

    How Wall Street Views Morgan Stanley after Its Strong Results

    Wall Street analysts were upbeat about investment bankers (XLF) in 1Q18 due to an expected spike in trading. Major banks managed to beat estimates and the overall forecast for 2Q18 is lower.

  • Oilprice.com4 days ago

    Can $80 Oil Be Justified?

    While Goldman Sachs and Merrill Lynch analysts see oil prices hitting $80, Russia’s Energy Minister believes it is a price that cannot be justified

  • Trade war more worrisome than 10-year Treasury yields
    CNBC Videosyesterday

    Trade war more worrisome than 10-year Treasury yields

    Jim Cramer says investors should take advantage of 10-year Treasury yields hitting 3 percent and worry more about U.S.-China trade relations.

  • Cramer argues the trade war is more worrisome than 10-yea...
    CNBC Videosyesterday

    Cramer argues the trade war is more worrisome than 10-yea...

    Jim Cramer says investors should take advantage of 10-year Treasury yields hitting 3 percent and worry more about U.S.-China trade relations.

  • Goldman's Currie Says U.S. Has 'Pretty Limited' Options to Curb Oil Price
    Bloomberg Video2 days ago

    Goldman's Currie Says U.S. Has 'Pretty Limited' Options to Curb Oil Price

    Apr.23 -- Jeffrey Currie, global head of commodities at Goldman Sachs, discusses the outlook for oil and aluminum. He speaks with Tracy Alloway on "Bloomberg Surveillance."