GS - The Goldman Sachs Group, Inc.

NYSE - NYSE Delayed Price. Currency in USD
242.49
-4.18 (-1.69%)
At close: 4:00PM EDT
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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 (1.17%)
Ex-Dividend Date2018-02-28
1y Target Est275.78
Trade prices are not sourced from all markets
  • A Look at Interactive Brokers Group’s Segments
    Market Realist1 hour ago

    A Look at Interactive Brokers Group’s Segments

    Interactive Brokers Group’s (IBKR) Electronic Brokerage segment posted net revenues of $465.0 million in 1Q18, up from $314.0 million in 1Q17. The company’s net interest income was positively impacted in 1Q18 by an increase in its average customer margin loans and credit loans. The Electronic Brokerage segment’s commission revenues reported a year-over-year (or YoY) rise in 1Q18 due to upward movement in its customer volumes.

  • Buy These 3 Goldman Sachs Mutual Funds
    Zacks1 hour ago

    Buy These 3 Goldman Sachs Mutual Funds

    Below we share with you three top-ranked Goldman Sachs mutual funds. Each has earned a Zacks Mutual Fund Rank #1 (Strong Buy)

  • Motley Fool15 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.com16 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 Realist16 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 Magazine22 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.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.

  • Reutersyesterday

    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.

  • Reutersyesterday

    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 Timesyesterday

    [$$] 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.com2 days ago

    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.com2 days ago

    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.

  • Benzinga2 days ago

    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 ...

  • Reuters2 days ago

    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 ...

  • Reuters2 days ago

    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
    Bloomberg2 days ago

    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.

  • Investopedia2 days ago

    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
    Bloomberg2 days ago

    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.

  • CNBC2 days ago

    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 Realist2 days ago

    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.

  • MarketWatch4 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.

  • MarketWatch4 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.

  • Goldman Sachs Hires Crypto Trader To Head New Digital Asset Team
    Investing.com53 minutes ago

    Goldman Sachs Hires Crypto Trader To Head New Digital Asset Team

    Investing.com - Goldman Sachs (NYSE:GS) has taken another step into the world of cryptocurrencies.The Wall Street firm has hired a former crypto trader to head its digital asset markets unit, as part of the firm's efforts to help clients interested in cryptocurrencies.Goldman said it the new unit is in response to "investor interest" and that it is "exploring how best to serve them". The firm said the new hire is Justin Schmidt, who formerly worked at Seven Eight Capital. LMR Partners and WorldQuant, according to his LinkenIn page. Goldman's first move into the crypto space was clearing trades for some clients dealing in Bitcoin futures on the CBOE and CME exchanges.The firm said it has not reached a "conclusion on the scope of our digital asset offering."

  • Trade war more worrisome than 10-year Treasury yields
    CNBC Videos2 days ago

    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 Videos2 days ago

    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."