A-Mark Precious Metals, Inc. (NASDAQ:AMRK - Free Report ) - Northland Capmk lifted their Q4 2024 earnings per share estimates for shares of A-Mark Precious Metals in a research report issued on Wednesday, May 8th. Northland Capmk analyst G. Gibas now forecasts that the company will earn $1.44 per share for the quarter, up from their prior estimate of $1.28. The consensus estimate for A-Mark Precious Metals' current full-year earnings is $4.33 per share.
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A-Mark Precious Metals (NASDAQ:AMRK - Get Free Report ) last posted its quarterly earnings data on Tuesday, February 6th. The company reported $0.90 EPS for the quarter, missing analysts' consensus estimates of $1.23 by ($0.33). A-Mark Precious Metals had a return on equity of 26.90% and a net margin of 1.10%. The business had revenue of $2.08 billion during the quarter, compared to analyst estimates of $2.25 billion.
Several other equities research analysts have also recently weighed in on AMRK. StockNews.com cut shares of A-Mark Precious Metals from a "hold" rating to a "sell" rating in a research report on Tuesday. B. Riley reduced their target price on shares of A-Mark Precious Metals from $41.00 to $33.00 and set a "buy" rating on the stock in a research note on Wednesday, February 21st. DA Davidson raised their target price on shares of A-Mark Precious Metals from $42.00 to $44.00 and gave the company a "buy" rating in a research note on Wednesday, April 10th. Finally, Northland Securities lowered shares of A-Mark Precious Metals from an "outperform" rating to a "market perform" rating in a research note on Wednesday.
Check Out Our Latest Stock Report on A-Mark Precious Metals
A-Mark Precious Metals Price Performance AMRK traded down $3.70 during midday trading on Friday, hitting $37.16. The company had a trading volume of 840,249 shares, compared to its average volume of 383,130. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.32 and a current ratio of 1.86. The company has a market capitalization of $849.29 million, a PE ratio of 8.24 and a beta of -0.05. A-Mark Precious Metals has a twelve month low of $23.14 and a twelve month high of $42.48. The firm's 50-day simple moving average is $33.91 and its 200-day simple moving average is $29.93.
A-Mark Precious Metals Announces Dividend The company also recently announced a quarterly dividend, which was paid on Monday, April 29th. Investors of record on Tuesday, April 16th were issued a dividend of $0.20 per share. The ex-dividend date was Monday, April 15th. This represents a $0.80 dividend on an annualized basis and a yield of 2.15%. A-Mark Precious Metals's payout ratio is 17.74%.
Insiders Place Their Bets In other A-Mark Precious Metals news, Director Michael R. Wittmeyer sold 22,558 shares of A-Mark Precious Metals stock in a transaction on Thursday, February 15th. The shares were sold at an average price of $26.29, for a total transaction of $593,049.82. Following the completion of the transaction, the director now directly owns 408,225 shares of the company's stock, valued at $10,732,235.25. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website . In other news, Director Michael R. Wittmeyer sold 22,383 shares of the business's stock in a transaction dated Tuesday, February 13th. The shares were sold at an average price of $26.06, for a total value of $583,300.98. Following the completion of the sale, the director now owns 453,283 shares of the company's stock, valued at $11,812,554.98. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink . Also, Director Michael R. Wittmeyer sold 22,558 shares of the business's stock in a transaction dated Thursday, February 15th. The shares were sold at an average price of $26.29, for a total transaction of $593,049.82. Following the completion of the sale, the director now directly owns 408,225 shares of the company's stock, valued at approximately $10,732,235.25. The disclosure for this sale can be found here . Insiders sold a total of 53,637 shares of company stock valued at $1,396,360 over the last ninety days. 23.20% of the stock is currently owned by company insiders.
Institutional Inflows and Outflows Institutional investors have recently bought and sold shares of the business. DekaBank Deutsche Girozentrale acquired a new position in shares of A-Mark Precious Metals in the fourth quarter valued at approximately $67,000. Quest Partners LLC bought a new position in shares of A-Mark Precious Metals during the 4th quarter worth approximately $184,000. Capstone Investment Advisors LLC bought a new position in shares of A-Mark Precious Metals during the 4th quarter worth approximately $220,000. Quantbot Technologies LP boosted its holdings in shares of A-Mark Precious Metals by 192.5% during the 1st quarter. Quantbot Technologies LP now owns 7,438 shares of the company's stock worth $228,000 after buying an additional 4,895 shares in the last quarter. Finally, Raymond James & Associates bought a new position in shares of A-Mark Precious Metals during the 4th quarter worth approximately $236,000. Institutional investors and hedge funds own 75.25% of the company's stock.
About A-Mark Precious Metals (
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A-Mark Precious Metals, Inc, together with its subsidiaries, operates as a precious metals trading company. It operates through three segments: Wholesale Sales & Ancillary Services, Direct-to-Consumer, and Secured Lending. The Wholesale Sales & Ancillary Services segment sells gold, silver, platinum, and palladium in the form of bars, plates, powders, wafers, grains, ingots, and coins.
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