Today, Recent Investment Analysts’ Ratings Updates for Goldman Sachs Group (GS)

Today, Recent Investment Analysts’ Ratings Updates for Goldman Sachs Group (GS)

Several brokerages have updated their recommendations and price targets on shares of Goldman Sachs Group (NYSE: GS) in the last few weeks:

Goldman Sachs Group Inc. (NYSE:GS) traded down 0.23% during midday trading on Friday, hitting $211.82. 1,379,209 shares of the stock traded hands. The firm’s 50 day moving average is $184.04 and its 200-day moving average is $165.50. Goldman Sachs Group Inc. has a 12-month low of $138.20 and a 12-month high of $213.41. The stock has a market capitalization of $88.71 billion, a PE ratio of 17.00 and a beta of 1.55.

Goldman Sachs Group (NYSE:GS) last announced its quarterly earnings results on Tuesday, October 18th. The investment management company reported $4.88 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.79 by $1.09. Goldman Sachs Group had a return on equity of 9.73% and a net margin of 19.58%. The business earned $8.17 billion during the quarter, compared to the consensus estimate of $7.41 billion. During the same quarter last year, the firm posted $4.51 EPS. The company’s quarterly revenue was up 19.0% on a year-over-year basis. On average, analysts anticipate that Goldman Sachs Group Inc. will post $15.53 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 29th. Shareholders of record on Thursday, December 1st will be issued a dividend of $0.65 per share. This represents a $2.60 annualized dividend and a yield of 1.22%. The ex-dividend date of this dividend is Tuesday, November 29th. Goldman Sachs Group’s dividend payout ratio is 20.72%.

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