Research Analysts Offer Predictions for GS Q1 Earnings

The Goldman Sachs Group, Inc. (NYSE:GS - Free Report) - Investment analysts at Seaport Res Ptn lifted their Q1 2025 earnings per share (EPS) estimates for The Goldman Sachs Group in a research note issued on Thursday, April 3rd. Seaport Res Ptn analyst J. Mitchell now forecasts that the investment management company will post earnings per share of $12.83 for the quarter, up from their prior forecast of $12.79. The consensus estimate for The Goldman Sachs Group's current full-year earnings is $47.12 per share. Seaport Res Ptn also issued estimates for The Goldman Sachs Group's Q1 2025 earnings at $12.83 EPS, Q1 2026 earnings at $13.90 EPS, Q1 2026 earnings at $13.90 EPS, Q2 2026 earnings at $11.98 EPS, Q3 2026 earnings at $12.12 EPS, Q3 2026 earnings at $12.12 EPS and Q4 2026 earnings at $11.68 EPS.

The Goldman Sachs Group (NYSE:GS - Get Free Report) last released its quarterly earnings results on Wednesday, January 15th. The investment management company reported $11.95 EPS for the quarter, topping analysts' consensus estimates of $8.21 by $3.74. The Goldman Sachs Group had a net margin of 11.32% and a return on equity of 13.30%. The firm had revenue of $13.87 billion during the quarter, compared to analysts' expectations of $12.36 billion. During the same period in the previous year, the company earned $5.48 EPS. The firm's revenue for the quarter was up 22.5% compared to the same quarter last year.

A number of other equities analysts have also recently issued reports on GS. Daiwa America cut The Goldman Sachs Group from a "strong-buy" rating to a "hold" rating in a report on Friday. Daiwa Capital Markets lowered shares of The Goldman Sachs Group from an "outperform" rating to a "neutral" rating and set a $560.00 target price for the company. in a research note on Friday. Barclays raised their price target on shares of The Goldman Sachs Group from $713.00 to $760.00 and gave the stock an "overweight" rating in a research note on Thursday, January 16th. Keefe, Bruyette & Woods cut shares of The Goldman Sachs Group from an "outperform" rating to a "market perform" rating and lowered their price objective for the company from $690.00 to $660.00 in a research report on Thursday, February 27th. Finally, UBS Group upped their target price on shares of The Goldman Sachs Group from $610.00 to $640.00 and gave the stock a "neutral" rating in a research note on Tuesday, January 21st. Thirteen research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company's stock. According to data from MarketBeat, The Goldman Sachs Group has an average rating of "Hold" and a consensus price target of $582.88.

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The Goldman Sachs Group Trading Up 1.4 %

NYSE GS traded up $6.31 during trading on Friday, hitting $471.82. The stock had a trading volume of 1,990,651 shares, compared to its average volume of 2,879,530. The stock has a market capitalization of $147.23 billion, a price-to-earnings ratio of 11.62, a P/E/G ratio of 0.89 and a beta of 1.33. The stock has a 50 day simple moving average of $594.18 and a 200 day simple moving average of $573.71. The Goldman Sachs Group has a one year low of $387.12 and a one year high of $672.19. The company has a debt-to-equity ratio of 2.32, a quick ratio of 0.67 and a current ratio of 0.67.

Institutional Investors Weigh In On The Goldman Sachs Group

Institutional investors and hedge funds have recently made changes to their positions in the stock. Lowe Wealth Advisors LLC raised its stake in The Goldman Sachs Group by 326.7% in the 1st quarter. Lowe Wealth Advisors LLC now owns 64 shares of the investment management company's stock worth $35,000 after acquiring an additional 49 shares during the last quarter. GoalVest Advisory LLC raised its stake in shares of The Goldman Sachs Group by 12.7% in the first quarter. GoalVest Advisory LLC now owns 2,638 shares of the investment management company's stock worth $1,441,000 after purchasing an additional 298 shares during the last quarter. GAMMA Investing LLC lifted its holdings in shares of The Goldman Sachs Group by 63,864.7% during the first quarter. GAMMA Investing LLC now owns 3,976,684 shares of the investment management company's stock worth $2,172,423,000 after purchasing an additional 3,970,467 shares during the period. AdvisorNet Financial Inc boosted its position in The Goldman Sachs Group by 49.0% in the first quarter. AdvisorNet Financial Inc now owns 1,125 shares of the investment management company's stock valued at $614,000 after buying an additional 370 shares during the last quarter. Finally, Bath Savings Trust Co increased its holdings in The Goldman Sachs Group by 7.7% in the 1st quarter. Bath Savings Trust Co now owns 517 shares of the investment management company's stock worth $282,000 after buying an additional 37 shares during the period. 71.21% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at The Goldman Sachs Group

In other The Goldman Sachs Group news, insider Alex S. Golten sold 5,208 shares of the stock in a transaction dated Tuesday, January 28th. The stock was sold at an average price of $636.25, for a total value of $3,313,590.00. Following the completion of the sale, the insider now directly owns 3,545 shares in the company, valued at approximately $2,255,506.25. This trade represents a 59.50 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Treasurer Carey Halio sold 3,640 shares of the business's stock in a transaction dated Friday, January 24th. The stock was sold at an average price of $636.74, for a total value of $2,317,733.60. Following the sale, the treasurer now owns 4,552 shares in the company, valued at $2,898,440.48. The trade was a 44.43 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 19,925 shares of company stock valued at $12,630,683 over the last 90 days. Insiders own 0.55% of the company's stock.

The Goldman Sachs Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 28th. Investors of record on Friday, February 28th were paid a dividend of $3.00 per share. The ex-dividend date was Friday, February 28th. This represents a $12.00 annualized dividend and a dividend yield of 2.54%. The Goldman Sachs Group's dividend payout ratio (DPR) is presently 29.59%.

The Goldman Sachs Group Company Profile

The Goldman Sachs Group, Inc, a financial institution, provides a range of financial services for corporations, financial institutions, governments, and individuals worldwide. It operates through Global Banking & Markets, Asset & Wealth Management, and Platform Solutions segments. The Global Banking & Markets segment provides financial advisory services, including strategic advisory assignments related to mergers and acquisitions, divestitures, corporate defense activities, restructurings, and spin-offs; and relationship lending, and acquisition financing, as well as secured lending, through structured credit and asset-backed lending and involved in financing under securities to resale agreements.