Amalgamated Bank Stock Price, News & Analysis (NASDAQ:AMAL)

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

Amalgamated Bank declared a quarterly dividend on Thursday, August 1st. Shareholders of record on Thursday, August 15th will be given a dividend of $0.06 per share on Friday, August 30th. This represents a $0.24 annualized dividend and a yield of 1.38%. The ex-dividend date is Wednesday, August 14th. View Amalgamated Bank's Dividend History.

Amalgamated Bank (NASDAQ:AMAL) issued its quarterly earnings results on Monday, July, 29th. The company reported $0.36 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.36. The firm had revenue of $48.21 million for the quarter, compared to the consensus estimate of $49.15 million. View Amalgamated Bank's Earnings History.

Amalgamated Bank is scheduled to release their next quarterly earnings announcement on Monday, October 28th 2019. View Earnings Estimates for Amalgamated Bank.

Amalgamated Bank will be holding an earnings conference call on Monday, October 28th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

2 analysts have issued 1-year target prices for Amalgamated Bank's stock. Their forecasts range from $19.00 to $20.00. On average, they anticipate Amalgamated Bank's share price to reach $19.50 in the next twelve months. This suggests a possible upside of 12.2% from the stock's current price. View Analyst Price Targets for Amalgamated Bank.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Amalgamated Bank in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Amalgamated Bank.

Press coverage about AMAL stock has trended somewhat positive on Saturday, according to InfoTrie. The research group identifies negative and positive media coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Amalgamated Bank earned a daily sentiment score of 0.8 on InfoTrie's scale. They also assigned media stories about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the near term. View News Stories for Amalgamated Bank.

Amalgamated Bank saw a decrease in short interest during the month of September. As of September 30th, there was short interest totalling 64,800 shares, a decrease of 60.2% from the August 30th total of 162,700 shares. Based on an average daily trading volume, of 50,800 shares, the days-to-cover ratio is currently 1.3 days. Currently, 0.5% of the shares of the stock are short sold. View Amalgamated Bank's Current Options Chain.

Some companies that are related to Amalgamated Bank include ProAssurance (PRA), Hilltop (HTH), Flagstar Bancorp (FBC), American Equity Investment Life (AEL), First Midwest Bancorp (FMBI), Genworth Financial (GNW), Nuveen Municipal Value Fund (NUV), Federal Home Loan Mortgage (FMCC), Close Brothers Group (CBG), LegacyTexas Financial Group (LTXB), Capital & Counties Properties PLC (CAPC), Retail Opportunity Investments (ROIC), Renasant (RNST), WesBanco (WSBC) and Ladder Capital (LADR).

Based on aggregate information from My MarketBeat watchlists, some companies that other Amalgamated Bank investors own include Alibaba Group (BABA), BlackRock (BLK), JPMorgan Chase & Co. (JPM), Verizon Communications (VZ), Amgen (AMGN), Comcast (CMCSA), Docusign (DOCU), Kraft Heinz (KHC), Starbucks (SBUX) and Skyworks Solutions (SWKS).

(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.

Amalgamated Bank's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Peregrine Capital Management LLC (1.01%).

AMAL stock was sold by a variety of institutional investors in the last quarter, including Peregrine Capital Management LLC.

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

One share of AMAL stock can currently be purchased for approximately $17.39.

Amalgamated Bank has a market capitalization of $552.32 million and generates $192.28 million in revenue each year. Amalgamated Bank employs 421 workers across the globe.View Additional Information About Amalgamated Bank.