A-Mark Precious Metals (AMRK) to Release Quarterly Earnings on Tuesday

A-Mark Precious Metals (NASDAQ:AMRK - Get Free Report) is scheduled to be releasing its earnings data after the market closes on Tuesday, May 7th. Analysts expect A-Mark Precious Metals to post earnings of $1.05 per share for the quarter. Persons interested in registering for the company's earnings conference call can do so using this link.

A-Mark Precious Metals (NASDAQ:AMRK - Get Free Report) last issued its earnings results on Tuesday, February 6th. The company reported $0.90 earnings per share for the quarter, missing analysts' consensus estimates of $1.23 by ($0.33). The business had revenue of $2.08 billion for the quarter, compared to analyst estimates of $2.25 billion. A-Mark Precious Metals had a return on equity of 26.90% and a net margin of 1.10%.

A-Mark Precious Metals Stock Performance

Shares of NASDAQ:AMRK traded down $0.98 on Tuesday, reaching $40.07. 594,660 shares of the company's stock were exchanged, compared to its average volume of 357,191. The firm has a market capitalization of $915.60 million, a price-to-earnings ratio of 8.88 and a beta of 0.02. A-Mark Precious Metals has a fifty-two week low of $23.14 and a fifty-two week high of $42.48. The business's 50-day moving average is $31.47 and its two-hundred day moving average is $29.33. The company has a quick ratio of 0.32, a current ratio of 1.86 and a debt-to-equity ratio of 0.51.

A-Mark Precious Metals Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, April 29th. Shareholders of record on Tuesday, April 16th were issued a dividend of $0.20 per share. The ex-dividend date of this dividend was Monday, April 15th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 2.00%. A-Mark Precious Metals's dividend payout ratio (DPR) is 17.74%.

Insider Activity at A-Mark Precious Metals

In related news, CEO Gregory N. Roberts sold 8,696 shares of the stock in a transaction dated Thursday, February 29th. The shares were sold at an average price of $25.30, for a total value of $220,008.80. Following the completion of the transaction, the chief executive officer now owns 28,202 shares in the company, valued at approximately $713,510.60. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. In other A-Mark Precious Metals news, Director Jess M. Ravich purchased 20,000 shares of the business's stock in a transaction on Tuesday, February 27th. The stock was bought at an average cost of $25.63 per share, with a total value of $512,600.00. Following the acquisition, the director now owns 143,668 shares of the company's stock, valued at $3,682,210.84. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Gregory N. Roberts sold 8,696 shares of the company's stock in a transaction dated Thursday, February 29th. The shares were sold at an average price of $25.30, for a total transaction of $220,008.80. Following the completion of the sale, the chief executive officer now directly owns 28,202 shares of the company's stock, valued at $713,510.60. The disclosure for this sale can be found here. Insiders sold 53,637 shares of company stock worth $1,396,360 in the last 90 days. Corporate insiders own 23.20% of the company's stock.

Analyst Ratings Changes

Several research firms have recently commented on AMRK. DA Davidson upped their price target on shares of A-Mark Precious Metals from $42.00 to $44.00 and gave the stock a "buy" rating in a research report on Wednesday, April 10th. StockNews.com lowered shares of A-Mark Precious Metals from a "hold" rating to a "sell" rating in a research report on Friday. Finally, B. Riley decreased their target price on shares of A-Mark Precious Metals from $41.00 to $33.00 and set a "buy" rating for the company in a research report on Wednesday, February 21st.

About A-Mark Precious Metals

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.