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S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
Ukraine demands emergency UN meeting over Putin nuclear plan
"Prepare for Five Years of Famine" (Ad)
New Russian campaign tries to entice men to fight in Ukraine
Factory or farm? Oregon may alter land use for chipmakers
Biden To Unleash "Choke Point" Operation On America? (Ad)
Travel disruption hits Germany on eve of transport strike
Berlin climate proposal fails to get enough yes votes to win
Biden To Unleash "Choke Point" Operation On America? (Ad)
Adele extends Las Vegas residency, plans concert film
Turkmenistan votes for new, opposition-free parliament
S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
Ukraine demands emergency UN meeting over Putin nuclear plan
"Prepare for Five Years of Famine" (Ad)
New Russian campaign tries to entice men to fight in Ukraine
Factory or farm? Oregon may alter land use for chipmakers
Biden To Unleash "Choke Point" Operation On America? (Ad)
Travel disruption hits Germany on eve of transport strike
Berlin climate proposal fails to get enough yes votes to win
Biden To Unleash "Choke Point" Operation On America? (Ad)
Adele extends Las Vegas residency, plans concert film
Turkmenistan votes for new, opposition-free parliament
S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
Ukraine demands emergency UN meeting over Putin nuclear plan
"Prepare for Five Years of Famine" (Ad)
New Russian campaign tries to entice men to fight in Ukraine
Factory or farm? Oregon may alter land use for chipmakers
Biden To Unleash "Choke Point" Operation On America? (Ad)
Travel disruption hits Germany on eve of transport strike
Berlin climate proposal fails to get enough yes votes to win
Biden To Unleash "Choke Point" Operation On America? (Ad)
Adele extends Las Vegas residency, plans concert film
Turkmenistan votes for new, opposition-free parliament
NASDAQ:AMAL

Amalgamated Financial - AMAL Stock Forecast, Price & News

$18.58
+0.38 (+2.09%)
(As of 03/24/2023 12:00 AM ET)
Add
Compare
Today's Range
$17.81
$18.64
50-Day Range
$17.98
$24.31
52-Week Range
$16.82
$27.33
Volume
213,149 shs
Average Volume
186,311 shs
Market Capitalization
$571.15 million
P/E Ratio
7.09
Dividend Yield
2.15%
Price Target
$27.00

Amalgamated Financial MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
45.3% Upside
$27.00 Price Target
Short Interest
Healthy
4.50% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.74mentions of Amalgamated Financial in the last 14 days
Based on 5 Articles This Week
Insider Trading
Selling Shares
$1.04 M Sold Last Quarter
Proj. Earnings Growth
5.81%
From $3.10 to $3.28 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.68 out of 5 stars

Finance Sector

355th out of 883 stocks

State Commercial Banks Industry

96th out of 184 stocks


AMAL stock logo

About Amalgamated Financial (NASDAQ:AMAL) Stock

Amalgamated Financial Corp. operates as a holding company for Amalgamated Bank. It offers commercial and retail banking, investment management, and trust custody segments. The company was founded in 1923 and is headquartered in New York, NY.

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AMAL Stock News Headlines

Sugar Beet Market Outlook to 2028
The "King Of Quants" sees 10X potential...
Eric Fry believes he just discovered America's next "Wealth Supercluster" and it's forming in the place you'd least expect. Investors are already flocking there for a chance at 1,000%+ returns. Here's how you could join them before it's too late...
Beet Pulp Market Size and Forecast till 2028
Amalgamated Financial Corp Ordinary Shares Class A
The "King Of Quants" sees 10X potential...
Eric Fry believes he just discovered America's next "Wealth Supercluster" and it's forming in the place you'd least expect. Investors are already flocking there for a chance at 1,000%+ returns. Here's how you could join them before it's too late...
Amalgamated Electricity Company Ltd (AMLG)
Sugar Reduction Market Share Likely to Grow At a CAGR
KBW Reaffirms Their Buy Rating on Amalgamated Bank (AMAL)
Amalgamated Bank declares $0.10 dividend
Amalgamated Financial: Q4 Earnings Snapshot
See More Headlines
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AMAL Company Calendar

Last Earnings
1/26/2023
Ex-Dividend for 2/20 Dividend
2/03/2023
Dividend Payable
2/20/2023
Today
3/26/2023
Next Earnings (Estimated)
4/27/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
State commercial banks
Sub-Industry
N/A
Sector
Finance
Current Symbol
NASDAQ:AMAL
Fax
N/A
Employees
375
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$27.00
High Stock Price Forecast
$29.00
Low Stock Price Forecast
$24.00
Forecasted Upside/Downside
+45.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
3 Analysts

Profitability

Net Income
$81.48 million
Pretax Margin
38.30%

Debt

Sales & Book Value

Annual Sales
$282.39 million
Cash Flow
$3.15 per share
Book Value
$16.59 per share

Miscellaneous

Free Float
30,084,000
Market Cap
$571.15 million
Optionable
Not Optionable
Beta
0.80

Key Executives

  • Priscilla Sims Brown
    President, Chief Executive Officer & Director
  • Sean Searby
    Chief Operating Officer & Executive Vice President
  • Jason Darby
    Chief Financial Officer & Senior Vice President
  • Mandy Tenner
    Executive Vice President & General Counsel
  • Sherry Williams
    Chief Risk Officer & Executive Vice President













AMAL Stock - Frequently Asked Questions

Should I buy or sell Amalgamated Financial stock right now?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Amalgamated Financial in the last twelve months. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" AMAL shares.
View AMAL analyst ratings
or view top-rated stocks.

What is Amalgamated Financial's stock price forecast for 2023?

3 brokerages have issued 12 month price objectives for Amalgamated Financial's shares. Their AMAL share price forecasts range from $24.00 to $29.00. On average, they expect the company's share price to reach $27.00 in the next year. This suggests a possible upside of 45.3% from the stock's current price.
View analysts price targets for AMAL
or view top-rated stocks among Wall Street analysts.

How have AMAL shares performed in 2023?

Amalgamated Financial's stock was trading at $23.04 on January 1st, 2023. Since then, AMAL shares have decreased by 19.4% and is now trading at $18.58.
View the best growth stocks for 2023 here
.

When is Amalgamated Financial's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, April 27th 2023.
View our AMAL earnings forecast
.

How were Amalgamated Financial's earnings last quarter?

Amalgamated Financial Corp. (NASDAQ:AMAL) posted its quarterly earnings results on Thursday, January, 26th. The company reported $0.83 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.73 by $0.10. The firm had revenue of $71.57 million for the quarter, compared to the consensus estimate of $73.11 million. Amalgamated Financial had a trailing twelve-month return on equity of 16.68% and a net margin of 28.85%.

How often does Amalgamated Financial pay dividends? What is the dividend yield for Amalgamated Financial?

Amalgamated Financial declared a quarterly dividend on Tuesday, January 24th. Shareholders of record on Monday, February 6th will be given a dividend of $0.10 per share on Monday, February 20th. This represents a $0.40 annualized dividend and a yield of 2.15%. The ex-dividend date of this dividend is Friday, February 3rd.
Read our dividend analysis for AMAL
.

Is Amalgamated Financial a good dividend stock?

Amalgamated Financial (NASDAQ:AMAL) pays an annual dividend of $0.40 per share and currently has a dividend yield of 2.20%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 15.27%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, AMAL will have a dividend payout ratio of 12.20% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for AMAL.

What other stocks do shareholders of Amalgamated Financial own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Amalgamated Financial investors own include Pfizer (PFE), Verizon Communications (VZ), Suncor Energy (SU), Exxon Mobil (XOM), AbbVie (ABBV), Advanced Micro Devices (AMD), Comcast (CMCSA), Eastman Chemical (EMN), Enterprise Products Partners (EPD) and Energy Transfer (ET).

When did Amalgamated Financial IPO?

(AMAL) raised $107 million in an initial public offering (IPO) on Thursday, August 9th 2018. The company issued 6,700,000 shares at $15.00-$17.00 per share. Barclays, J.P.Morgan and Keefe, Bruyette & Woods (A Stifel Company) served as the underwriters for the IPO.

What is Amalgamated Financial's stock symbol?

Amalgamated Financial trades on the NASDAQ under the ticker symbol "AMAL."

Who are Amalgamated Financial's major shareholders?

Amalgamated Financial's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Brown Advisory Inc. (2.91%), Dimensional Fund Advisors LP (1.90%), DekaBank Deutsche Girozentrale (1.80%), First Manhattan Co. (1.37%), Geode Capital Management LLC (1.10%) and Schroder Investment Management Group (1.09%). Insiders that own company stock include Arthur Prusan, Deborah Silodor, Financial Corp Amalgamated, Finser Mark, Jason Darby, Keith Mestrich, Sam D Brown and Sean Searby.
View institutional ownership trends
.

How do I buy shares of Amalgamated Financial?

Shares of AMAL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Amalgamated Financial's stock price today?

One share of AMAL stock can currently be purchased for approximately $18.58.

How much money does Amalgamated Financial make?

Amalgamated Financial (NASDAQ:AMAL) has a market capitalization of $571.15 million and generates $282.39 million in revenue each year. The company earns $81.48 million in net income (profit) each year or $2.62 on an earnings per share basis.

How many employees does Amalgamated Financial have?

The company employs 375 workers across the globe.

How can I contact Amalgamated Financial?

The official website for the company is www.amalgamatedbank.com. The company can be reached via phone at (212) 255-6200 or via email at investorrelations@amalgamatedbank.com.

This page (NASDAQ:AMAL) was last updated on 3/26/2023 by MarketBeat.com Staff