Currently, there are 44.90M common shares owned by the public and among those 43.48M shares have been available to trade.
The company’s stock has a 5-day price change of 2.14% and 16.78% over the past three months. GCMG shares are trading 12.88% year to date (YTD), with the 12-month market performance up to 60.12% higher. It has a 12-month low price of $8.18 and touched a high of $14.44 over the same period. GCMG has an average intraday trading volume of 342.91K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 2.22%, 7.63%, and 22.67% respectively.
Institutional ownership of GCM Grosvenor Inc (NASDAQ: GCMG) shares accounts for 110.09% of the company’s 44.90M shares outstanding.
It has a market capitalization of $621.87M and a beta (3y monthly) value of 0.59. The stock’s trailing 12-month PE ratio is 414.67, while the earnings-per-share (ttm) stands at $0.03. Price movements for the stock have been influenced by the stock’s volatility, which stands at 3.24% over the week and 2.00% over the month.
Analysts forecast that GCM Grosvenor Inc (GCMG) will achieve an EPS of 0.18 for the current quarter, 0.18 for the next quarter and 0.93 for current fiscal year. The lowest estimate earnings-per-share for the quarter is 0.17 while analysts give the company a high EPS estimate of 0.17. Comparatively, EPS for the current quarter was 0.14 a year ago. Earnings per share for the fiscal year are expected to increase by 10.51%, and 14.57% over the next financial year.
Looking at the support for the GCMG, a number of firms have released research notes about the stock. Piper Sandler stated their Overweight rating for the stock in a research note on December 23, 2024, with the firm’s price target at $12.50-$14. TD Cowen coverage for the GCM Grosvenor Inc (GCMG) stock in a research note released on November 11, 2024 offered a Hold rating with a price target of $12.50. TD Cowen was of a view on February 16, 2024 that the stock is Outperform, while TD Cowen gave the stock Market Perform rating on January 04, 2024, issuing a price target of $9.50. Piper Sandler on their part issued Neutral rating on December 20, 2023.
