Goldman Sachs Share Price History and Key Investment Insights

Goldman Sachs has a rich history, with its share price reflecting the company's growth and challenges over the years. The bank's first public offering in 1999 was priced at $53 per share.

From 2000 to 2007, Goldman Sachs' share price more than tripled, reaching a high of $200 per share. This period was marked by a significant expansion of the company's investment banking and trading businesses.

The global financial crisis of 2008 had a devastating impact on Goldman Sachs' share price, which plummeted to $40 per share. The bank's share price continued to struggle in the following years, reaching a low of $50 per share in 2012.

The highest price Goldman Sachs stock reached was 27.7 on November 26, 2024.

This is a significant milestone in the company's share price history, showing a strong peak in the market.

The lowest price Goldman Sachs stock dropped to was 25.8 on October 22, 2024.

This shows the volatility of the stock market and how prices can fluctuate over time.

Here's a summary of the highest and lowest prices Goldman Sachs stock reached in 2024:

Goldman Sachs' share price has fluctuated over the years, influenced by various market and economic factors. The company's stock price has seen significant growth, reaching a high of $204.25 in 2007.

In 2008, Goldman Sachs' share price plummeted to $79.70 due to the global financial crisis. This decline was a result of the company's exposure to subprime mortgage-backed securities.

This investment has a strong track record of consecutive dividend increases, with 13 years of steady growth.

The forward dividend yield is relatively low, coming in at 2.10%, which puts it in the bottom 50% among its peers.

I've seen many investors overlook this aspect, but a low dividend yield can actually be a good sign, indicating a company that's focused on long-term growth over short-term gains.

The short interest in this investment is very low, at just 1.5%, which suggests that there's little controversy surrounding the company's financials.

This low controversy is a major plus, as it means you can focus on the investment's potential without worrying about any potential pitfalls.

The Momentum Rank is a crucial metric in investment analysis, and it's based on several key indicators. The 5-Day RSI is currently at 49.92, which is an important number to keep in mind.

One of the most widely used momentum indicators is the Relative Strength Index, or RSI. The 9-Day RSI is at 47.21, and the 14-Day RSI is at 48.51.

Momentum can be a powerful force in the market, and it's essential to understand how it's affecting the stocks you're interested in. The 3-1 Month Momentum % is currently at 22.3, while the 6-1 Month Momentum % is at 29.23.

Here's a quick snapshot of the momentum indicators:

The 12-1 Month Momentum % is a particularly interesting indicator, as it shows a significant increase in momentum over the past year.

In the world of dividend investing, it's essential to understand the company's dividend policy and buyback strategy. The dividend yield of GS is 2.07%, which is slightly above the industry average.

The company's dividend payout ratio is a mere 0.34%, indicating that a significant portion of earnings is being returned to shareholders. This is a great sign for dividend investors.

GS has a 3-year dividend growth rate of 28.1%, which is impressive and suggests a stable and growing dividend stream. This growth rate is likely to continue, making GS an attractive option for investors seeking regular income.

The forward dividend yield of 2.16% suggests that the company is committed to maintaining its dividend payments, even in the face of market volatility. This is a reassuring sign for investors.

Here's a summary of GS's dividend and buyback strategy in a table:

Overall, GS's dividend and buyback strategy is a key factor in its appeal to income-seeking investors. By returning a significant portion of earnings to shareholders and maintaining a stable dividend growth rate, the company is demonstrating its commitment to creating value for investors.