A number of firms have modified their ratings and price targets on shares of Goldman Sachs Group (NYSE: GS) recently:
Shares of Goldman Sachs Group Inc. (NYSE:GS) opened at 167.42 on Friday. The firm has a market cap of $71.39 billion, a P/E ratio of 15.87 and a beta of 1.61. Goldman Sachs Group Inc. has a one year low of $138.20 and a one year high of $199.90. The stock’s 50 day moving average is $166.78 and its 200-day moving average is $159.69.
Goldman Sachs Group (NYSE:GS) last released its quarterly earnings data on Tuesday, July 19th. The investment management company reported $3.72 EPS for the quarter, topping analysts’ consensus estimates of $3.00 by $0.72. The firm had revenue of $7.93 billion for the quarter, compared to the consensus estimate of $7.58 billion. Goldman Sachs Group had a net margin of 18.12% and a return on equity of 8.83%. During the same quarter in the previous year, the firm earned $1.98 earnings per share. Analysts anticipate that Goldman Sachs Group Inc. will post $14.25 EPS for the current fiscal year.
The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 29th. Investors of record on Thursday, September 1st were issued a dividend of $0.65 per share. This represents a $2.60 dividend on an annualized basis and a yield of 1.55%. The ex-dividend date of this dividend was Tuesday, August 30th. Goldman Sachs Group’s dividend payout ratio is currently 24.60%.