Goldman Sachs Group, Inc. (The) (GS) Scheduled to Post Quarterly Earnings on Tuesday

Goldman Sachs Group, Inc. (The) (NYSE:GS) will announce its earnings results before the market opens on Tuesday, October 17th. Analysts expect the company to announce earnings of $4.29 per share for the quarter.

Goldman Sachs Group, Inc. (The) (NYSE:GS) last posted its earnings results on Tuesday, July 18th. The investment management company reported $3.95 earnings per share for the quarter, topping analysts’ consensus estimates of $3.39 by $0.56. The business had revenue of $7.89 billion for the quarter, compared to analyst estimates of $7.47 billion. Goldman Sachs Group, Inc. (The) had a return on equity of 11.27% and a net margin of 26.44%. The firm’s revenue was down .6% compared to the same quarter last year. During the same period in the previous year, the firm earned $3.72 EPS. On average, analysts expect Goldman Sachs Group, Inc. (The) to post $18.16 EPS for the current fiscal year and $19.90 EPS for the next fiscal year.

Goldman Sachs Group, Inc. (NYSE GS) opened at 242.80 on Tuesday. Goldman Sachs Group, Inc. has a 12-month low of $165.51 and a 12-month high of $255.15. The company’s 50 day moving average price is $228.40 and its 200-day moving average price is $224.91. The firm has a market capitalization of $94.26 billion, a price-to-earnings ratio of 12.73 and a beta of 1.41.

The firm also recently declared a quarterly dividend, which was paid on Thursday, September 28th. Investors of record on Thursday, August 31st were issued a dividend of $0.75 per share. The ex-dividend date was Tuesday, August 29th. This represents a $3.00 dividend on an annualized basis and a yield of 1.24%. Goldman Sachs Group, Inc. (The)’s dividend payout ratio (DPR) is currently 15.74%.

In related news, EVP John F.W. Rogers sold 17,685 shares of the business’s stock in a transaction dated Tuesday, August 8th. The stock was sold at an average price of $235.02, for a total transaction of $4,156,328.70. Following the completion of the transaction, the executive vice president now directly owns 80,109 shares in the company, valued at $18,827,217.18. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, Director David A. Viniar sold 4,590 shares of the business’s stock in a transaction dated Tuesday, August 1st. The stock was sold at an average price of $227.79, for a total value of $1,045,556.10. Following the transaction, the director now owns 854,925 shares of the company’s stock, valued at $194,743,365.75. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 25,535 shares of company stock valued at $5,956,868. 2.57% of the stock is owned by company insiders.

GS has been the topic of a number of recent analyst reports. Keefe, Bruyette & Woods reiterated an “outperform” rating on shares of Goldman Sachs Group, Inc. (The) in a report on Monday, June 12th. ValuEngine upgraded Goldman Sachs Group, Inc. (The) from a “buy” rating to a “strong-buy” rating in a report on Tuesday, June 13th. Vetr lowered Goldman Sachs Group, Inc. (The) from a “buy” rating to a “hold” rating and set a $233.49 price target on the stock. in a report on Wednesday, June 14th. Royal Bank Of Canada reiterated a “hold” rating and set a $240.00 price target on shares of Goldman Sachs Group, Inc. (The) in a report on Friday, June 23rd. Finally, J P Morgan Chase & Co reiterated a “buy” rating and set a $260.00 price target on shares of Goldman Sachs Group, Inc. (The) in a report on Monday, June 26th. Two research analysts have rated the stock with a sell rating, eighteen have issued a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the stock. The stock has an average rating of “Hold” and a consensus target price of $240.09.

TRADEMARK VIOLATION NOTICE: “Goldman Sachs Group, Inc. (The) (GS) Scheduled to Post Quarterly Earnings on Tuesday” was posted by The Ledger Gazette and is the property of of The Ledger Gazette. If you are reading this report on another site, it was stolen and republished in violation of international trademark and copyright legislation. The legal version of this report can be read at https://ledgergazette.com/2017/10/10/goldman-sachs-group-inc-the-gs-scheduled-to-post-quarterly-earnings-on-tuesday.html.

About Goldman Sachs Group, Inc. (The)

The Goldman Sachs Group, Inc is an investment banking, securities and investment ma

Goldman Sachs Group, Inc. (The) (NYSE:GS) last posted its earnings results on Tuesday, July 18th. The investment management company reported $3.95 earnings per share for the quarter, topping analysts’ consensus estimates of $3.39 by $0.56. The business had revenue of $7.89 billion for the quarter, compared to analyst estimates of $7.47 billion. Goldman Sachs Group, Inc. (The) had a return on equity of 11.27% and a net margin of 26.44%. The firm’s revenue was down .6% compared to the same quarter last year. During the same period in the previous year, the firm earned $3.72 EPS. On average, analysts expect Goldman Sachs Group, Inc. (The) to post $18.16 EPS for the current fiscal year and $19.90 EPS for the next fiscal year.

Goldman Sachs Group, Inc. (NYSE GS) opened at 242.80 on Tuesday. Goldman Sachs Group, Inc. has a 12-month low of $165.51 and a 12-month high of $255.15. The company’s 50 day moving average price is $228.40 and its 200-day moving average price is $224.91. The firm has a market capitalization of $94.26 billion, a price-to-earnings ratio of 12.73 and a beta of 1.41.

The firm also recently declared a quarterly dividend, which was paid on Thursday, September 28th. Investors of record on Thursday, August 31st were issued a dividend of $0.75 per share. The ex-dividend date was Tuesday, August 29th. This represents a $3.00 dividend on an annualized basis and a yield of 1.24%. Goldman Sachs Group, Inc. (The)’s dividend payout ratio (DPR) is currently 15.74%.

In related news, EVP John F.W. Rogers sold 17,685 shares of the business’s stock in a transaction dated Tuesday, August 8th. The stock was sold at an average price of $235.02, for a total transaction of $4,156,328.70. Following the completion of the transaction, the executive vice president now directly owns 80,109 shares in the company, valued at $18,827,217.18. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, Director David A. Viniar sold 4,590 shares of the business’s stock in a transaction dated Tuesday, August 1st. The stock was sold at an average price of $227.79, for a total value of $1,045,556.10. Following the transaction, the director now owns 854,925 shares of the company’s stock, valued at $194,743,365.75. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 25,535 shares of company stock valued at $5,956,868. 2.57% of the stock is owned by company insiders.

GS has been the topic of a number of recent analyst reports. Keefe, Bruyette & Woods reiterated an “outperform” rating on shares of Goldman Sachs Group, Inc. (The) in a report on Monday, June 12th. ValuEngine upgraded Goldman Sachs Group, Inc. (The) from a “buy” rating to a “strong-buy” rating in a report on Tuesday, June 13th. Vetr lowered Goldman Sachs Group, Inc. (The) from a “buy” rating to a “hold” rating and set a $233.49 price target on the stock. in a report on Wednesday, June 14th. Royal Bank Of Canada reiterated a “hold” rating and set a $240.00 price target on shares of Goldman Sachs Group, Inc. (The) in a report on Friday, June 23rd. Finally, J P Morgan Chase & Co reiterated a “buy” rating and set a $260.00 price target on shares of Goldman Sachs Group, Inc. (The) in a report on Monday, June 26th. Two research analysts have rated the stock with a sell rating, eighteen have issued a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the stock. The stock has an average rating of “Hold” and a consensus target price of $240.09.

TRADEMARK VIOLATION NOTICE: “Goldman Sachs Group, Inc. (The) (GS) Scheduled to Post Quarterly Earnings on Tuesday” was posted by The Ledger Gazette and is the property of of The Ledger Gazette. If you are reading this report on another site, it was stolen and republished in violation of international trademark and copyright legislation. The legal version of this report can be read at https://ledgergazette.com/2017/10/10/goldman-sachs-group-inc-the-gs-scheduled-to-post-quarterly-earnings-on-tuesday.html.

About Goldman Sachs Group, Inc. (The)

The Goldman Sachs Group, Inc is an investment banking, securities and investment management company that provides a range of financial services to corporations, financial institutions, governments and individuals. The Company operates in four business segments: Investment Banking, Institutional Client Services, Investing & Lending, and Investment Management.

Earnings History for Goldman Sachs Group, Inc. (The) (NYSE:GS)

Receive News & Ratings for Goldman Sachs Group Inc. (The) Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Goldman Sachs Group Inc. (The) and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply