NASDAQ:AMAL

Amalgamated Financial Stock Forecast, Price & News

$14.96
+0.77 (+5.43 %)
(As of 09/23/2021 12:00 AM ET)
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Today's Range
$14.50
$15.24
50-Day Range
$13.60
$16.01
52-Week Range
$10.20
$20.22
Volume170,844 shs
Average Volume68,065 shs
Market Capitalization$465.20 million
P/E Ratio9.59
Dividend Yield2.26%
Beta0.84
30 days | 90 days | 365 days | Advanced Chart
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Amalgamated Financial logo

About Amalgamated Financial

Operates as a bank holding company whose subsidiary provides banking services

Headlines

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Industry, Sector and Symbol

Sales & Book Value

Profitability

Debt

Price-To-Earnings

Miscellaneous


MarketRank

Overall MarketRank

2.41 out of 5 stars

Finance Sector

304th out of 1,331 stocks

Commercial Banking Industry

1st out of 1 stocks

Analyst Opinion: 2.4Community Rank: 3.9Dividend Strength: 2.5Insider Behavior: 0.8Valuation: 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 analysts have issued "buy," "hold," and "sell" ratings for Amalgamated Financial in the last year. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street 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.

Are investors shorting Amalgamated Financial?

Amalgamated Financial saw a decline in short interest in August. As of August 13th, there was short interest totaling 151,200 shares, a decline of 36.7% from the July 29th total of 238,900 shares. Based on an average daily volume of 60,400 shares, the days-to-cover ratio is presently 2.5 days. Currently, 1.0% of the shares of the stock are sold short.
View Amalgamated Financial's Short Interest
.

When is Amalgamated Financial's next earnings date?

Amalgamated Financial is scheduled to release its next quarterly earnings announcement on Wednesday, October 27th 2021.
View our earnings forecast for Amalgamated Financial
.

How were Amalgamated Financial's earnings last quarter?

Amalgamated Financial Corp. (NASDAQ:AMAL) announced its quarterly earnings results on Wednesday, July, 28th. The company reported $0.32 EPS for the quarter, missing the Zacks' consensus estimate of $0.36 by $0.04. The business earned $47.32 million during the quarter, compared to the consensus estimate of $47.66 million.
View Amalgamated Financial's earnings history
.

How has Amalgamated Financial's stock 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 14.9% and is now trading at $14.96.
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 Thursday, August 5th. Shareholders of record on Wednesday, August 18th will be given a dividend of $0.08 per share on Wednesday, September 1st. This represents a $0.32 dividend on an annualized basis and a yield of 2.14%. The ex-dividend date is Tuesday, August 17th.
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 2.26%. 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 19.88% 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 brokerages have issued 1 year target prices for Amalgamated Financial's stock. Their forecasts range from $17.00 to $19.00. On average, they expect Amalgamated Financial's share price to reach $18.13 in the next year. This suggests a possible upside of 21.2% 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:
  • Priscilla Sims Brown, President & Chief Executive Officer
  • Martin Murrell, Chief Operating Officer & Senior Executive VP
  • Jason Darby, Chief Financial Officer & Senior EVP
  • Deborah Silodor, Executive Vice President & General Counsel
  • Mark Pappas, Chief Risk Officer & Executive Vice President

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 (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) acted 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 number of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (3.19%), Basswood Capital Management L.L.C. (2.50%), Nuveen Asset Management LLC (2.21%), Goldman Sachs Group Inc. (2.08%), Cramer Rosenthal Mcglynn LLC (1.73%) and Geode Capital Management LLC (1.12%). Company insiders that own Amalgamated Financial stock include Arthur Prusan, Keith Mestrich and Sam D Brown.
View institutional ownership trends for Amalgamated Financial
.

Which institutional investors are selling Amalgamated Financial stock?

AMAL stock was sold by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Bank of America Corp DE, Citadel Advisors LLC, FMR LLC, Deutsche Bank AG, Walleye Capital LLC, Prudential Financial Inc., and Northern Trust Corp. Company insiders that have sold Amalgamated Financial company stock in the last year include Arthur Prusan, Keith Mestrich, and Sam D Brown.
View insider buying and selling activity for Amalgamated Financial
or view top insider-selling stocks.

Which institutional investors are buying Amalgamated Financial stock?

AMAL stock was acquired by a variety of institutional investors in the last quarter, including DekaBank Deutsche Girozentrale, Basswood Capital Management L.L.C., Bridgeway Capital Management LLC, JPMorgan Chase & Co., Nuveen Asset Management LLC, State Street Corp, Stifel Financial Corp, and Morgan Stanley.
View insider buying and selling activity for Amalgamated Financial
or or view top insider-buying stocks.

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 $14.96.

How much money does Amalgamated Financial make?

Amalgamated Financial has a market capitalization of $465.20 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 9/23/2021 by MarketBeat.com Staff
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