NASDAQ:AMAL

Amalgamated Financial Stock Forecast, Price & News

$15.48
-0.08 (-0.51 %)
(As of 07/29/2021 12:00 AM ET)
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Today's Range
$15.29
$15.61
50-Day Range
$15.06
$16.41
52-Week Range
$10.20
$20.22
Volume29,717 shs
Average Volume67,602 shs
Market Capitalization$482.79 million
P/E Ratio9.92
Dividend Yield2.06%
Beta0.84
30 days | 90 days | 365 days | Advanced Chart
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Amalgamated Financial logo

About Amalgamated Financial

Amalgamated Financial Corp. operates as a bank holding company for Amalgamated Bank that provides commercial banking and trust services for commercial and retail customers in the United States. The company accepts various deposit products, including non-interest and interest-bearing demand accounts, savings and money market accounts, NOW accounts, and certificates of deposit. It also provides various commercial loans comprising commercial and industrial, multifamily mortgage, and commercial real estate loans; and retail loans, such as residential real estate, and consumer and other loans. In addition, the company offers online banking, bill payment, online cash management, and safe deposit box rental services; debit, prepaid, and ATM cards; and trust, custody, and investment management services comprising asset safekeeping, corporate actions, income collections, proxy, account transition, asset transfers, and conversion management services. Further, it provides investment products, such as equity, fixed-income, real estate, and alternative investment products; and brokerage, asset management, and insurance products. It serves advocacy-based non-profits, social welfare organizations, labor unions, political organizations, foundations, sustainability-focused, socially responsible businesses, and other for-profit companies, as well as their members and stakeholders. The company operates a network of six branches in New York City, Washington D.C., San Francisco, and Boston; and a digital banking and mobile platform. Amalgamated Financial Corp. was founded in 1923 and is headquartered in New York, New York.

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Industry, Sector and Symbol

Sales & Book Value

Profitability

Debt

Price-To-Earnings

Miscellaneous


MarketRank

Overall MarketRank

2.19 out of 5 stars

Finance Sector

325th out of 2,043 stocks

Analyst Opinion: 1.4Community Rank: 2.9Dividend Strength: 2.5Insider Behavior: 1.7Valuation: 2.5 5 -4 -3 -2 -1 -
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Amalgamated Financial (NASDAQ:AMAL) Frequently Asked Questions

Is Amalgamated Financial a buy right now?

4 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 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Amalgamated Financial stock.
View analyst ratings for Amalgamated Financial
or view top-rated stocks.

What stocks does MarketBeat like better than Amalgamated Financial?

Wall Street analysts have given Amalgamated Financial a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Amalgamated Financial wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is Amalgamated Financial's next earnings date?

Amalgamated Financial is scheduled to release its next quarterly earnings announcement on Tuesday, October 26th 2021.
View our earnings forecast for Amalgamated Financial
.

How were Amalgamated Financial's earnings last quarter?

Amalgamated Financial Corp. (NASDAQ:AMAL) issued its earnings results on Thursday, July, 29th. The company reported $0.32 EPS for the quarter, missing the consensus estimate of $0.36 by $0.04.
View Amalgamated Financial's earnings history
.

How has Amalgamated Financial's stock price been impacted by COVID-19?

Amalgamated Financial's stock was trading at $13.02 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, AMAL stock has increased by 18.9% and is now trading at $15.48.
View which stocks have been most impacted by COVID-19
.

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

Amalgamated Financial announced a quarterly dividend on Wednesday, April 28th. Investors of record on Friday, May 14th will be given a dividend of $0.08 per share on Tuesday, June 1st. This represents a $0.32 dividend on an annualized basis and a yield of 2.07%. The ex-dividend date is Thursday, May 13th.
View Amalgamated Financial's dividend history
.

Is Amalgamated Financial a good dividend stock?

Amalgamated Financial pays an annual dividend of $0.32 per share and currently has a dividend yield of 2.06%. Amalgamated Financial does not yet have a strong track record of dividend growth. The dividend payout ratio of Amalgamated Financial is 19.88%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Amalgamated Financial will have a dividend payout ratio of 18.82% next year. This indicates that Amalgamated Financial will be able to sustain or increase its dividend.
View Amalgamated Financial's dividend history.

What price target have analysts set for AMAL?

4 brokers have issued twelve-month price targets for Amalgamated Financial's stock. Their forecasts range from $13.00 to $19.00. On average, they expect Amalgamated Financial's stock price to reach $16.63 in the next twelve months. This suggests a possible upside of 7.4% from the stock's current price.
View analysts' price targets for Amalgamated Financial
or view top-rated stocks among Wall Street analysts.

Who are Amalgamated Financial's key executives?

Amalgamated Financial's management team includes the following people:
  • Mr. Keith R. Mestrich, Special Advisor to the Board (Age 54, Pay $1.3M)
  • Mr. Sam D. Brown, Exec. VP & Director of Commercial Banking (Age 38, Pay $564.91k)
  • Ms. Priscilla Sims Brown, Pres, CEO & Director (Age 64)
  • Mr. Jason Darby, CFO & Sr. Exec. VP (Age 48)
  • Mr. Martin P. Murrell, Sr. EVP & COO (Age 58)
  • Mr. Bruce Rucinski, Sr. VP & Acting Chief Information Officer
  • Ms. Deborah Silodor, Exec. VP & Gen. Counsel (Age 61)
  • Mr. Peter Neiman, Chief Marketing Officer & Exec. VP
  • Ms. Tanisa Williams, Sr. VP & Director of HR
  • Dr. Margaret Stephanie Stumpp, Sr. Managing Director of Quantitative Management of Prudential Investments

Who are some of Amalgamated Financial's key competitors?

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 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."

How do I buy shares of Amalgamated Financial?

Shares of AMAL 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 $15.48.

How much money does Amalgamated Financial make?

Amalgamated Financial has a market capitalization of $482.79 million and generates $231.10 million in revenue each year.

How many employees does Amalgamated Financial have?

Amalgamated Financial employs 370 workers across the globe.

What is Amalgamated Financial's official website?

The official website for Amalgamated Financial is www.amalgamatedbank.com.

How can I contact Amalgamated Financial?

The company can be reached via phone at (212) 895-8988.


This page was last updated on 7/30/2021 by MarketBeat.com Staff
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