Share Price & News
How has SPDR Gold Trust's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: GLD has not had significant price volatility in the past 3 months.
7 Day Return
US Capital Markets
1 Year Return
US Capital Markets
Return vs Industry: GLD matched the US Capital Markets industry which returned 19% over the past year.
Return vs Market: GLD matched the US Market which returned 20.1% over the past year.
Price Volatility Vs. Market
How volatile is SPDR Gold Trust's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is SPDR Gold Trust undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate GLD's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate GLD's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: GLD is good value based on its PE Ratio (7x) compared to the Capital Markets industry average (36x).
PE vs Market: GLD is good value based on its PE Ratio (7x) compared to the US market (18.4x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate GLD's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: GLD is good value based on its PB Ratio (1x) compared to the US Capital Markets industry average (6.7x).
How is SPDR Gold Trust forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Diversified Financials industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as SPDR Gold Trust has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has SPDR Gold Trust performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GLD has a large one-off gain of $6.1B impacting its December 31 2019 financial results.
Growing Profit Margin: GLD became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: GLD has become profitable over the past 5 years, growing earnings by 36.4% per year.
Accelerating Growth: GLD has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: GLD has become profitable in the last year, making it difficult to compare its past year earnings growth to the Capital Markets industry (8.4%).
Return on Equity
High ROE: GLD's Return on Equity (13.7%) is considered low.
Return on Assets
Return on Capital Employed
How is SPDR Gold Trust's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Inventory Level: GLD has a high level of physical assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if GLD's debt is covered by short term assets.
Financial Institutions Analysis
Asset Level: GLD's level of assets compared to its equity is low.
Allowance for Bad Loans: Insufficient data to determine if GLD has a sufficient allowance for bad loans.
Low Risk Liabilities: GLD reports no customer deposits, loans are made up entirely of externally borrowed funds.
Loan Level: Insufficient data to determine if GLD has an acceptable proportion of non-loan assets held.
Low Risk Deposits: GLD has advanced significantly more loans than the customer deposits it holds.
Level of Bad Loans: Insufficient data to determine if GLD has an appropriate level of bad loans.
What is SPDR Gold Trust's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate GLD's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate GLD's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if GLD's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if GLD's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of GLD's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
SPDR Gold Trust has no CEO, or we have no data on them.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 3%.
SPDR Gold Trust's company bio, employee growth, exchange listings and data sources
- Name: SPDR Gold Trust
- Ticker: GLD
- Exchange: ARCA
- Founded: 2004
- Industry: Asset Management and Custody Banks
- Sector: Diversified Financials
- Market Cap: US$46.563b
- Shares outstanding: 312.50m
- Website: https://us.spdrs.com/en/product/fund.seam?ticker=gld
- SPDR Gold Trust
- 27th Floor, 685 Third Avenue
- New York
- New York
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|GLD||ARCA (NYSE Arca)||Yes||Common Stock||US||USD||Nov 2004|
|1326||TSE (The Tokyo Stock Exchange)||Yes||Common Stock||JP||JPY||Nov 2004|
|2840||SEHK (The Stock Exchange of Hong Kong Ltd.)||Yes||Common Stock||HK||HKD||Nov 2004|
|GLD *||BMV (Bolsa Mexicana de Valores)||Yes||Common Stock||MX||MXN||Nov 2004|
|O87||SGX (Singapore Exchange)||Yes||Common Stock||SG||USD||Nov 2004|
|GLD||BVL (Bolsa de Valores de Lima)||Yes||Common Stock||PE||USD||Nov 2004|
|0KZF||LSE (London Stock Exchange)||Yes||Common Stock||GB||USD||Nov 2004|
SPDR Gold Trust is an exchange traded fund launched and managed by World Gold Trust Services, LLC. It invests in commodity markets. The fund invests in gold. It tracks the performance of the price of gold bullion. The fund was formerly known as StreetTRACKS Gold Trust. SPDR Gold Trust was formed on November 12, 2004 and is domiciled in the United States.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/17 00:11|
|End of Day Share Price||2020/02/14 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.