Healthy Upside Potential: GCM Grosvenor Inc (GCMG)

With 0.77 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.2 million shares. During the session, the Asset Management company that operates in wider Financial sector, reached to the highest price of $12.57 whereas the lowest price it dropped to was $12.17. The 52-week range on GCMG shows that it touched its highest point at $12.48 and its lowest point at $8.04 during that stretch. It currently has a 1-year price target of $13.50. With its current market cap of 2.32 billion, GCMG has annualized dividend of $0.44 while the current yield stands at 3.59%. GCMG paid its most recent dividend on 1725321600, while the ex-dividend date for that was 1733097600. Beta for the stock currently stands at 0.55.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of GCMG was up-trending over the past week, with a rise of 5.43%, but this was up by 5.43% over a month. Three-month performance surged to 12.60% while six-month performance rose 24.64%. The stock gained 46.41% in the past year, while it has gained 36.61% so far this year. A look at the trailing 12-month EPS for GCMG yields -0.06 with Next year EPS estimates of 0.81. For the next quarter, that number is 0.22. This implies an EPS growth rate of 24.85% for this year and 17.36% for next year.

Float and Shares Shorts:

At present, 44.90 million GCMG shares are outstanding with a float of 43.49 million shares on hand for trading. On 2024-10-31, short shares totaled 3.61 million, which was 802.99996 higher than short shares on 1727654400. In addition to Mr. Michael Jay Sacks J.D. as the firm’s Board Chairman & CEO, Mr. Jonathan Reisin Levin serves as its President & Director.

Institutional Ownership:

Through their ownership of 1.06239 of GCMG’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, GCMG reported revenue of $124518000.0 and operating income of $27674000.0. The EBITDA in the recently reported quarter was $29250000.0 and diluted EPS was $0.03.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for GCMG since 3 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With GCMG analysts setting a high price target of 18.0 and a low target of 12.0, the average target price over the next 12 months is 13.5. Based on these targets, GCMG could surge 47.06% to reach the target high and fall by -1.96% to reach the target low. Reaching the average price target will result in a growth of 10.29% from current levels.

Analysts have provided yearly estimates in a range of $0.70688 being high and $0.66648 being low. For GCMG, this leads to a yearly average estimate of $0.68668. The surprise factor in the prior quarter was $0.14. Based on analyst estimates, the high estimate for the next quarter is $0.19 and the low estimate is $0.16. The average estimate for the next quarter is thus $0.17.