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The Goldman Sachs Group, Inc. (GS-PK)

NYSE - Nasdaq Real-time price. Currency in USD
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27.26+0.06 (+0.22%)
As of 3:18PM EDT. Market open.
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Trade prices are not sourced from all markets
Previous close27.20
Open27.25
Bid27.19 x 900
Ask27.24 x 800
Day's range27.17 - 27.27
52-week range19.05 - 29.25
Volume39,984
Avg. volume55,215
Market cap70.518B
Beta (5Y monthly)1.44
PE ratio (TTM)2.06
EPS (TTM)13.26
Earnings dateN/A
Forward dividend & yield1.59 (5.87%)
Ex-dividend date23 Jul 2020
1y target estN/A
  • Goldman Sachs, Barclays among bidders for GM's credit card business - WSJ
    Reuters

    Goldman Sachs, Barclays among bidders for GM's credit card business - WSJ

    Barclays <BARC.L> is also among a small number of bidders for the automaker's credit card business, which has about $3 billion (2.3 billion pounds) in outstanding balances, the WSJ reported, adding that a decision was expected in the next few weeks. Goldman currently has a much smaller presence in consumer banking, unlike larger peers JPMorgan Chase & Co <JPM.N> and Citigroup Inc <C.N>, and it is an area Chief Executive Officer David Solomon has been aggressively looking to strengthen.

  • 7 U.S. Banks That Will Need to Hold More Regulatory Capital
    Motley Fool

    7 U.S. Banks That Will Need to Hold More Regulatory Capital

    The Fed recently released the new required common equity tier 1 capital ratios for the largest banks, and many saw increases.

  • Airbnb Is Close to Filing to Go Public After Travel Rebound
    Bloomberg

    Airbnb Is Close to Filing to Go Public After Travel Rebound

    (Bloomberg) -- Airbnb Inc. plans to file paperwork for a stock market listing in the next few weeks paving the way for its shares to start trading as soon as the fourth quarter, according to people familiar with the matter.The San Francisco-based company is preparing to submit documents confidentially with the U.S. Securities and Exchange Commission for an initial public offering, said the people, who asked to not be identified discussing private information. The long-awaited move would represent a swift comeback for the home-sharing startup after the coronavirus pandemic sent the travel industry into a tailspin.The Wall Street Journal reported earlier that Airbnb was planning to file paperwork later this month. Airbnb declined to comment on the matter. The company’s plans could change as new outbreaks of the disease continue to flare in the U.S., the people said.Airbnb is working with Morgan Stanley and Goldman Sachs Group Inc. on its IPO, according to a person familiar with the matter. Morgan Stanley and Goldman Sachs declined to comment.Chief Executive Officer Brian Chesky had originally wanted to take the initial steps toward a listing in March, but his plans were nixed by Covid-19. By April, Chesky was facing $1 billion in cancellations, he said in an interview with Bloomberg TV in June. Travel bans and lock-downs caused planned bookings to tumble about 90% and Airbnb cut 25% of its workforce in a bid to survive. Other travel sites, like TripAdvisor Inc. and Booking Holding’s Inc., also hit crisis mode and had to eliminate thousands of jobs.But by May, Airbnb was already seeing a rebound. The number of nights booked at U.S. listings between May 17 and June 3 was greater than during the same period the previous year, as city dwellers took advantage of work-from-home policies and escaped apartments for nearby vacation rentals. As of June 17, Airbnb’s bookings had increased 20% year over year in the U.S., according to data from market research firm AirDNA.Prior to the pandemic, Airbnb had been leaning toward a non-traditional route to the public markets. The company was planning to follow in the footsteps of Spotify Technology SA and list directly, forgoing raising new money by selling shares and allowing its investors to put their shares on the market without waiting for a lock-up period. But the turmoil caused by the pandemic forced Airbnb to raise $2 billion in debt and equity securities in April to shore up its finances, reducing its valuation to $18 billion from $31 billion. As a result, the company decided to go the traditional IPO route to raise cash for the business, the people said.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

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