Goldman Sachs has been active, raising over
$20B to invest in private credit. Despite a stock move of
-0.57%, constant shifts in its administration have seen
Jim Esposito named President of Citadel Securities. Goldman Sachs stock is observing an upward trend, rising by
0.7% and even
1.4% on different occasions. However, it also experienced a fall of
6.3% aligning its yearly returns with earnings growth. The company reports show a
19% CAGR over the last five years and
71% ownership by institutional investors. Goldman has also been granted a Saudi HQ license, a first for Wall Street Banks. Its third-quarter earnings per common share in 2023 stood at $5.47. The group enjoys a strong institutional backing with
63% ownership, however, a recent insider sale of
US$25m stock signifies possible caution. It also underperforms the general market, experiencing larger drops. Forecasts predict the stock is potentially a good long-term investment. However, the company's Q1 performance in 2024 received mixed reactions, leading some to question its investment potential.
Goldman Sachs Group GS News Analytics from Tue, 12 Sep 2023 07:39:48 GMT to Thu, 30 May 2024 19:36:43 GMT -
Rating 6
- Innovation -2
- Information 7
- Rumor -4
