GCM Grosvenor (GCMG) Stock Price, News & Analysis

Company Overview

GCM Grosvenor Inc. is global alternative asset management solutions provider. The firm primarily provides its services to pooled investment vehicles. It also provides its services to investment companies, high net worth individuals, pension and profit sharing plans and state or municipal government entities. The firm invests in equity and alternative investment markets of the United States and internationally. The firm invests in multi-strategy, credit-focused, equity-focused, macro-focused, commodity-focused, and other specialty portfolios. It focuses in hedge fund asset classes, private equity, real estate, and/or infrastructure, credit and absolute return strategies. It also focuses in primary fund investments, secondary fund investments, and co-investments with a focus on buyout, distressed debt, mezzanine, venture capital/growth equity investments. The firm seeks to do seed investments in small, emerging, and diverse private equity firms. The firm seeks to make regionally-focused investments in middle-market buyout. It prefers to invest in aerospace and defense, advanced electronics, information technology, biosciences, and advanced materials. It focuses on Ohio and the Midwest region. The firm employs fundamental and quantitative analysis. GCM Grosvenor Inc. was founded in 1971 and is based in Chicago, Illinois with additional offices in North America, Asia, Australia and Europe.

Key Stats

• Today's Range: $11.36 to $11.50
• 50-Day Range: $10.28 to $11.52
• 52-Week Range: $7.52 to $11.60
• Volume: 113,996 shs
• Average Volume: 176,697 shs
• Market Capitalization: $2.16 billion
• P/E Ratio: N/A
• Dividend Yield: 3.84%
• Price Target: $11.60
• Consensus Rating: Hold

GCM Grosvenor Stock Analysis - MarketRank™

GCM Grosvenor scored higher than 46% of companies evaluated by MarketBeat, and ranked 702nd out of 964 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.2 / 5
• Analyst Rating: Hold

Consensus Rating

GCM Grosvenor has received a consensus rating of Hold. The company's average rating score is 2.40, and is based on 2 buy ratings, 3 hold ratings, and no sell ratings.

Amount of Analyst Coverage

GCM Grosvenor has only been the subject of 3 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 30.00%

Earnings Growth

Earnings for GCM Grosvenor are expected to grow by 30.00% in the coming year, from $0.50 to $0.65 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of GCM Grosvenor is -35.78, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of GCM Grosvenor is -35.78, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

6.58% of the float of GCM Grosvenor has been sold short.

Short Interest Ratio / Days to Cover

GCM Grosvenor has a short interest ratio ("days to cover") of 15, which indicates bearish sentiment.

Change versus previous month

Short interest in GCM Grosvenor has recently decreased by 1.73%, indicating that investor sentiment is improving.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Leadership

GCM Grosvenor is a leading dividend payer. It pays a dividend yield of 3.82%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

GCM Grosvenor does not have a long track record of dividend growth.

Dividend Sustainability

Based on earnings estimates, GCM Grosvenor will have a dividend payout ratio of 67.69% next year. This indicates that GCM Grosvenor will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

6.58% of the float of GCM Grosvenor has been sold short.

Short Interest Ratio / Days to Cover

GCM Grosvenor has a short interest ratio ("days to cover") of 15, which indicates bearish sentiment.

Change versus previous month

Short interest in GCM Grosvenor has recently decreased by 1.73%, indicating that investor sentiment is improving.

News and Social Media

• Score: 2.0 / 5
• News Sentiment: 0.63

News Sentiment

GCM Grosvenor has a news sentiment score of 0.63. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Finance companies.

News Coverage This Week

MarketBeat has tracked 6 news articles for GCM Grosvenor this week, compared to 1 article on an average week.

Company Ownership

• Score: 4.2 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, GCM Grosvenor insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $53,650.00 in company stock.

Percentage Held by Insiders

77.30% of the stock of GCM Grosvenor is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

99.95% of the stock of GCM Grosvenor is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

GCMG Stock Analysis - Frequently Asked Questions

How have GCMG shares performed this year?

GCM Grosvenor's stock was trading at $8.96 at the start of the year. Since then, GCMG stock has increased by 27.8% and is now trading at $11.45.
View the best growth stocks for 2024 here.

How were GCM Grosvenor's earnings last quarter?

GCM Grosvenor Inc. (NASDAQ:GCMG) posted its quarterly earnings results on Thursday, August, 8th. The company reported $0.14 earnings per share for the quarter, beating the consensus estimate of $0.12 by $0.02. The company earned $116.95 million during the quarter, compared to analyst estimates of $117.12 million. GCM Grosvenor had a negative trailing twelve-month return on equity of 73.82% and a net margin of 3.46%.

How do I buy shares of GCM Grosvenor?

Shares of GCMG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Company Calendar

• Last Earnings: 8/08/2024
• Ex-Dividend for 9/17 Dividend: 9/03/2024
• Dividend Payable: 9/17/2024
• Today: 9/29/2024
• Next Earnings (Estimated): 11/13/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: Investment advice
• Sub-Industry: Trading
• Current Symbol: NASDAQ:GCMG
• CUSIP: N/A
• CIK: 1819796
• Web: www.gcmgrosvenor.com
• Phone: (312) 506-6500
• Fax: N/A
• Employees: 530
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $11.60
• High Stock Price Target: $14.00
• Low Stock Price Target: $9.50
• Potential Upside/Downside: +1.3%
• Consensus Rating: Hold
• Rating Score (0-4): 2.40
• Research Coverage: 5 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($0.32)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 22.90
• P/E Growth: N/A
• Net Income: $12.77 million
• Net Margins: 3.46%
• Pretax Margin: 5.56%
• Return on Equity: -73.82%
• Return on Assets: 14.38%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 0.85
• Quick Ratio: 0.85

Sales & Book Value

• Annual Sales: $467.78 million
• Price / Sales: 4.61
• Cash Flow: $0.26 per share
• Price / Cash Flow: 43.35
• Book Value: ($0.59) per share
• Price / Book: -19.41

Miscellaneous

• Outstanding Shares: 188,458,000
• Free Float: 42,780,000
• Market Cap: $2.16 billion
• Optionable: Optionable
• Beta: 0.54