NASDAQ:AMAL Amalgamated Financial - AMAL Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Amalgamated Financial Corp. Please log in to your account or sign up in order to add this asset to your watchlist. $22.60 -1.26 (-5.28%) (As of 01/27/2023 12:00 AM ET) Add Compare Share Share Today's Range$21.71▼$23.7050-Day Range$22.60▼$26.8052-Week Range$15.92▼$27.33Volume435,771 shsAverage Volume149,421 shsMarket Capitalization$693.14 millionP/E Ratio8.63Dividend Yield1.77%Price Target$24.67 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Amalgamated Financial MarketRank™ ForecastAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside15.0% Upside$26.00 Price TargetShort InterestBearish7.30% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.85Based on 9 Articles This WeekInsider TradingSelling Shares$209,741 Sold Last QuarterProj. Earnings Growth8.33%From $3.12 to $3.38 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.24 out of 5 starsFinance Sector455th out of 891 stocksState Commercial Banks Industry108th out of 191 stocks 2.3 Analyst's Opinion Consensus RatingAmalgamated Financial has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $26.00, Amalgamated Financial has a forecasted upside of 15.0% from its current price of $22.60.Amount of Analyst CoverageAmalgamated Financial has only been the subject of 1 research reports in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted7.30% of the float of Amalgamated Financial has been sold short.Short Interest Ratio / Days to CoverAmalgamated Financial has a short interest ratio ("days to cover") of 6.7.Change versus previous monthShort interest in Amalgamated Financial has recently increased by 3.51%, indicating that investor sentiment is decreasing. Previous Next 2.5 Dividend Strength Dividend YieldAmalgamated Financial pays a meaningful dividend of 1.77%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthAmalgamated Financial has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of Amalgamated Financial is 15.27%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Amalgamated Financial will have a dividend payout ratio of 11.83% next year. This indicates that Amalgamated Financial will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for AMAL. Previous Next 3.2 News and Social Media Coverage News SentimentAmalgamated Financial has a news sentiment score of 0.85. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.66 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 9 news articles for Amalgamated Financial this week, compared to 2 articles on an average week.Search InterestOnly 1 people have searched for AMAL on MarketBeat in the last 30 days. This is a decrease of -75% compared to the previous 30 days.MarketBeat Follows1 people have added Amalgamated Financial to their MarketBeat watchlist in the last 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Amalgamated Financial insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $209,741.00 in company stock.Percentage Held by InsidersOnly 2.12% of the stock of Amalgamated Financial is held by insiders.Percentage Held by Institutions48.99% of the stock of Amalgamated Financial is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Amalgamated Financial are expected to grow by 8.33% in the coming year, from $3.12 to $3.38 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Amalgamated Financial is 8.63, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 125.29.Price to Earnings Ratio vs. SectorThe P/E ratio of Amalgamated Financial is 8.63, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 187.81.Price to Book Value per Share RatioAmalgamated Financial has a P/B Ratio of 1.25. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Amalgamated Financial (NASDAQ:AMAL) StockAmalgamated 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.Read More Receive AMAL Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Amalgamated Financial and its competitors with MarketBeat's FREE daily newsletter. Email Address AMAL Stock News HeadlinesJanuary 28, 2023 | finance.yahoo.comAmalgamated Financial Full Year 2022 Earnings: EPS Beats ExpectationsJanuary 26, 2023 | seekingalpha.comAmalgamated Bank declares $0.10 dividendJanuary 29, 2023 | Porter & Company (Ad)The Next Big Crisis Is HereYou just can’t see it yet because it’s NOT a banking, financial, or economic crisis… it’s far worse and threatens every dollar in your retirement account.January 26, 2023 | apnews.comAmalgamated Financial: Q4 Earnings SnapshotJanuary 26, 2023 | finance.yahoo.comAmalgamated Financial (AMAL) Surpasses Q4 Earnings EstimatesJanuary 26, 2023 | finance.yahoo.comAmalgamated Financial Corp. Reports Record Fourth Quarter 2022 Financial ResultsJanuary 19, 2023 | msn.comAmalgamated Financial (AMAL) Earnings Expected to Grow: What to Know Ahead of Next Week's ReleaseJanuary 12, 2023 | finance.yahoo.comAmalgamated Financial Corp. Announces Fourth Quarter and Full Year 2022 Earnings Conference CallJanuary 29, 2023 | Porter & Company (Ad)The Next Big Crisis Is HereYou just can’t see it yet because it’s NOT a banking, financial, or economic crisis… it’s far worse and threatens every dollar in your retirement account.December 28, 2022 | seekingalpha.comAMAL Amalgamated Financial Corp.December 12, 2022 | finance.yahoo.comAmalgamated Financial (AMAL) Stock Sinks As Market Gains: What You Should KnowDecember 3, 2022 | ca.finance.yahoo.comAmalgamated Financial (AMAL) Gains As Market Dips: What You Should KnowDecember 2, 2022 | bizjournals.comNew labor contract in place for TARC Union employees. Here's what workers get out of it.November 30, 2022 | bloomberg.comBanks Are Devising Ways to ID Mass Shooters Before They StrikeNovember 24, 2022 | ca.finance.yahoo.comBig banks are for boomers — Why more and more young Americans are breaking up with their parents’ banksNovember 20, 2022 | bbc.comHard-up councils could merge services, Middlesbrough member suggestsNovember 19, 2022 | msn.comCouncillor claims cash-strapped local authorities could merge in potential solution to current woesNovember 18, 2022 | finance.yahoo.comRecent Price Trend in Amalgamated Financial (AMAL) is Your Friend, Here's WhyNovember 12, 2022 | seekingalpha.comAmalgamated Financial: Earnings To Continue Full Steam AheadNovember 4, 2022 | nasdaq.comAmalgamated Financial Corp. (AMAL) Hits Fresh High: Is There Still Room to Run?November 2, 2022 | msn.comWhat Makes Amalgamated Financial (AMAL) a Good Fit for "Trend Investing"October 30, 2022 | seekingalpha.comAmalgamated Financial Corp. (AMAL) Q3 2022 Earnings Call TranscriptOctober 27, 2022 | msn.comAmalgamated Financial: Q3 Earnings InsightsOctober 27, 2022 | finance.yahoo.comAmalgamated Financial (AMAL) Q3 Earnings and Revenues Surpass EstimatesOctober 27, 2022 | finance.yahoo.comAmalgamated Financial Corp. Reports Record Third Quarter 2022 Financial ResultsOctober 21, 2022 | businessinsider.comBest environmentally friendly banks of October 2022October 20, 2022 | finance.yahoo.comAmalgamated Financial (AMAL) Reports Next Week: Wall Street Expects Earnings GrowthSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive AMAL Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Amalgamated Financial and its competitors with MarketBeat's FREE daily newsletter. Email Address AMAL Company Calendar Last Earnings10/27/2021Ex-Dividend for 11/28 Dividend11/08/2022Dividend Payable11/28/2022Today1/29/2023Ex-Dividend for 2/20 Dividend2/03/2023Dividend Payable2/20/2023Next Earnings (Estimated)4/27/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry State commercial banks Sub-IndustryN/A SectorFinance Current SymbolNASDAQ:AMAL CUSIPN/A CIK1823608 Webwww.amalgamatedbank.com Phone(212) 255-6200FaxN/AEmployees375Year FoundedN/APrice Target and Rating Average Stock Price Forecast$26.00 High Stock Price Forecast$28.00 Low Stock Price Forecast$24.00 Forecasted Upside/Downside+9.1%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$2.62 Trailing P/E Ratio8.63 Forward P/E Ratio7.24 P/E GrowthN/ANet Income$52.94 million Net Margins28.85% Pretax Margin37.35% Return on Equity16.72% Return on Assets1.08% Debt Debt-to-Equity Ratio0.31 Current Ratio0.58 Quick Ratio0.58 Sales & Book Value Annual Sales$282.39 million Price / Sales2.45 Cash Flow$2.11 per share Price / Cash Flow10.69 Book Value$18.13 per share Price / Book1.25Miscellaneous Outstanding Shares30,670,000Free Float30,022,000Market Cap$693.14 million OptionableNot Optionable Beta0.82 Key ExecutivesPriscilla Sims BrownPresident, Chief Executive Officer & DirectorSean SearbyChief Operating Officer & Executive Vice PresidentJason DarbyChief Financial Officer & Senior Vice PresidentBruce RucinskiChief Information Officer & Executive VPMandy TennerExecutive Vice President & General CounselKey CompetitorsOld Second BancorpNASDAQ:OSBCHarborOne BancorpNASDAQ:HONEGreat Southern BancorpNASDAQ:GSBCHorizon BancorpNASDAQ:HBNCUnivest FinancialNASDAQ:UVSPView All CompetitorsInsiders & InstitutionsDupont Capital Management CorpBought 6,792 shares on 1/26/2023Ownership: 0.022%Ziegler Capital Management LLCBought 31,052 shares on 1/24/2023Ownership: 0.101%Allspring Global Investments Holdings LLCSold 51,079 shares on 1/23/2023Ownership: 0.006%Assenagon Asset Management S.A.Sold 71,221 shares on 1/12/2023Ownership: 0.174%Harrington Investments INCBought 2,550 shares on 1/11/2023Ownership: 0.235%View All Insider TransactionsView All Institutional Transactions AMAL Stock - Frequently Asked Questions Should I buy or sell Amalgamated Financial stock right now? 2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Amalgamated Financial in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street research 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? 2 brokers have issued 12-month price targets for Amalgamated Financial's stock. Their AMAL share price forecasts range from $24.00 to $28.00. On average, they expect the company's share price to reach $26.00 in the next year. This suggests a possible upside of 15.0% 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 stock has decreased by 1.9% and is now trading at $22.60. 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) issued its quarterly earnings results on Wednesday, October, 27th. The company reported $0.46 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.37 by $0.09. The company earned $50.09 million during the quarter, compared to the consensus estimate of $48.26 million. Amalgamated Financial had a trailing twelve-month return on equity of 16.72% and a net margin of 28.85%. During the same period last year, the company posted $0.54 earnings per share. 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. Investors 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 dividend on an annualized basis and a yield of 1.77%. 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 1.77%. 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 11.83% 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 IPO on Thursday, August 9th 2018. The company issued 6,700,000 shares at a price of $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 many different retail and institutional investors. Top institutional shareholders include Harrington Investments INC (0.24%), Assenagon Asset Management S.A. (0.17%), Peregrine Capital Management LLC (0.10%), Ziegler Capital Management LLC (0.10%), Dupont Capital Management Corp (0.02%) and Allspring Global Investments Holdings LLC (0.01%). Insiders that own company stock include Arthur Prusan, Deborah Silodor, Financial Corp Amalgamated, Finser Mark, Jason Darby, Keith Mestrich and Sam D Brown. 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 $22.60. How much money does Amalgamated Financial make? Amalgamated Financial (NASDAQ:AMAL) has a market capitalization of $693.14 million and generates $282.39 million in revenue each year. The company earns $52.94 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 1/29/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 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