Equities analysts expect Goldman Sachs Group Inc (NYSE:GS) to post earnings per share (EPS) of $5.14 for the current quarter, according to Zacks. Three analysts have provided estimates for Goldman Sachs Group’s earnings, with estimates ranging from $4.69 to $5.92. Goldman Sachs Group reported earnings per share of $5.08 in the same quarter last year, which suggests a positive year over year growth rate of 1.2%. The company is scheduled to issue its next earnings report on Wednesday, January 17th.

According to Zacks, analysts expect that Goldman Sachs Group will report full year earnings of $19.03 per share for the current year, with EPS estimates ranging from $18.65 to $19.30. For the next fiscal year, analysts anticipate that the firm will post earnings of $20.55 per share, with EPS estimates ranging from $19.73 to $22.12. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of sell-side research analysts that that provide coverage for Goldman Sachs Group.

Goldman Sachs Group (NYSE:GS) last announced its quarterly earnings results on Tuesday, October 17th. The investment management company reported $5.02 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.17 by $0.85. Goldman Sachs Group had a net margin of 26.42% and a return on equity of 11.34%. The company had revenue of $8.33 billion during the quarter, compared to the consensus estimate of $7.59 billion. During the same quarter in the previous year, the company posted $4.88 earnings per share. The company’s revenue for the quarter was up 2.0% compared to the same quarter last year.

GS has been the topic of a number of recent analyst reports. Zacks Investment Research upgraded shares of Goldman Sachs Group from a “sell” rating to a “hold” rating in a research note on Tuesday, August 29th. Royal Bank Of Canada restated a “hold” rating and set a $240.00 price objective on shares of Goldman Sachs Group in a research note on Thursday, August 31st. TheStreet cut shares of Goldman Sachs Group from a “b” rating to a “c+” rating in a research note on Thursday, September 7th. JMP Securities restated a “market perform” rating on shares of Goldman Sachs Group in a research note on Wednesday, September 13th. Finally, J P Morgan Chase & Co set a $260.00 price objective on shares of Goldman Sachs Group and gave the company a “buy” rating in a research note on Friday, September 15th. Two equities research analysts have rated the stock with a sell rating, seventeen have issued a hold rating, twelve have issued a buy rating and one has given a strong buy rating to the company. The company has a consensus rating of “Hold” and a consensus target price of $246.10.

Goldman Sachs Group (GS) opened at $250.35 on Monday. Goldman Sachs Group has a 1-year low of $209.62 and a 1-year high of $255.15. The stock has a market cap of $94,432.52, a price-to-earnings ratio of 13.04, a PEG ratio of 1.27 and a beta of 1.47. The company has a current ratio of 0.90, a quick ratio of 0.90 and a debt-to-equity ratio of 2.82.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 28th. Shareholders of record on Thursday, November 30th will be given a $0.75 dividend. This represents a $3.00 annualized dividend and a yield of 1.20%. The ex-dividend date of this dividend is Wednesday, November 29th. Goldman Sachs Group’s dividend payout ratio (DPR) is presently 15.63%.

In other Goldman Sachs Group news, insider David M. Solomon sold 12,707 shares of the business’s stock in a transaction dated Friday, November 24th. The stock was sold at an average price of $237.94, for a total transaction of $3,023,503.58. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director David A. Viniar sold 7,393 shares of the business’s stock in a transaction dated Friday, October 20th. The stock was sold at an average price of $245.18, for a total value of $1,812,615.74. The disclosure for this sale can be found here. Over the last quarter, insiders sold 135,177 shares of company stock worth $32,435,160. 2.57% of the stock is owned by company insiders.

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. MV Capital Management Inc. raised its holdings in Goldman Sachs Group by 0.5% during the 2nd quarter. MV Capital Management Inc. now owns 618 shares of the investment management company’s stock worth $137,000 after buying an additional 3 shares during the period. Geller Family Office Services LLC raised its holdings in Goldman Sachs Group by 0.3% during the 2nd quarter. Geller Family Office Services LLC now owns 944 shares of the investment management company’s stock worth $209,000 after buying an additional 3 shares during the period. Hudock Capital Group LLC raised its holdings in Goldman Sachs Group by 0.4% during the 2nd quarter. Hudock Capital Group LLC now owns 1,134 shares of the investment management company’s stock worth $251,000 after buying an additional 4 shares during the period. FTB Advisors Inc. raised its holdings in Goldman Sachs Group by 0.3% during the 2nd quarter. FTB Advisors Inc. now owns 1,605 shares of the investment management company’s stock worth $360,000 after buying an additional 5 shares during the period. Finally, Lowe Brockenbrough & Co. Inc. raised its holdings in Goldman Sachs Group by 0.7% during the 2nd quarter. Lowe Brockenbrough & Co. Inc. now owns 912 shares of the investment management company’s stock worth $202,000 after buying an additional 6 shares during the period. Hedge funds and other institutional investors own 73.35% of the company’s stock.

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Goldman Sachs Group Company Profile

The Goldman Sachs Group, Inc is an investment banking, securities and investment management company that provides a range of financial services to corporations, financial institutions, governments and individuals. The Company operates in four business segments: Investment Banking, Institutional Client Services, Investing & Lending, and Investment Management.

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Earnings History and Estimates for Goldman Sachs Group (NYSE:GS)

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