Amkor Technology Stock Price, News & Analysis (NASDAQ:AMKR)

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Amkor Technology in the last twelve months. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" AMKR shares.
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4 equities research analysts have issued 1-year price targets for Amkor Technology's shares. Their AMKR share price targets range from $27.00 to $36.00. On average, they anticipate the company's share price to reach $32.25 in the next year. This suggests a possible upside of 14.0% from the stock's current price.
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Amkor Technology's stock was trading at $23.98 at the beginning of 2023. Since then, AMKR stock has increased by 17.9% and is now trading at $28.28.
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The company is scheduled to release its next quarterly earnings announcement on Monday, February 12th 2024.
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Amkor Technology, Inc. (NASDAQ:AMKR) released its quarterly earnings results on Monday, October, 30th. The semiconductor company reported $0.54 EPS for the quarter, beating analysts' consensus estimates of $0.53 by $0.01. The semiconductor company earned $1.82 billion during the quarter, compared to analyst estimates of $1.80 billion. Amkor Technology had a trailing twelve-month return on equity of 10.79% and a net margin of 6.11%. The business's quarterly revenue was down 12.6% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.24 earnings per share.

Amkor Technology announced a quarterly dividend on Tuesday, November 14th. Investors of record on Tuesday, December 5th will be given a dividend of $0.079 per share on Tuesday, December 26th. This represents a $0.32 dividend on an annualized basis and a yield of 1.12%. The ex-dividend date is Monday, December 4th. This is an increase from the stock's previous quarterly dividend of $0.08.
Read our dividend analysis for AMKR.

Amkor Technology (NASDAQ:AMKR) pays an annual dividend of $0.31 per share and currently has a dividend yield of 1.05%. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 18.79%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, AMKR will have a dividend payout ratio of 15.98% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for AMKR.

ETFs with the largest weight of Amkor Technology (NASDAQ:AMKR) stock in their portfolio include First Trust Nasdaq Semiconductor ETF (FTXL), Invesco Semiconductors ETF (PSI), First Trust Dorsey Wright Momentum & Value ETF (DVLU), Invesco S&P MidCap 400 Pure Growth ETF (RFG), Invesco S&P MidCap Value with Momentum ETF (XMVM), First Trust SMID Cap Rising Dividend Archievers ETF (SDVY), Hartford Multifactor Small Cap ETF (ROSC) and Mid Cap US Equity Select ETF (RNMC).

Amkor Technology updated its fourth quarter earnings guidance on Monday, October, 30th. The company provided earnings per share (EPS) guidance of $0.32-$0.49 for the period, compared to the consensus estimate of $0.63. The company issued revenue guidance of $1.625-$1.725 billion, compared to the consensus revenue estimate of $1.87 billion.

110 employees have rated Amkor Technology Chief Executive Officer Stephen D. Kelley on Glassdoor.com. Stephen D. Kelley has an approval rating of 74% among the company's employees. 63.0% of employees surveyed would recommend working at Amkor Technology to a friend.

Based on aggregate information from My MarketBeat watchlists, some companies that other Amkor Technology investors own include Advanced Micro Devices (AMD), QUALCOMM (QCOM), Intel (INTC), Cisco Systems (CSCO), Micron Technology (MU), Nokia Oyj (NOK), Tesla (TSLA), AT&T (T), CVS Health (CVS).

Amkor Technology's stock is owned by many different retail and institutional investors. Top institutional investors include LSV Asset Management (2.88%), Earnest Partners LLC (1.02%), SW Investment Management LLC (0.96%), AQR Capital Management LLC (0.79%), Northern Trust Corp (0.72%) and Morgan Stanley (0.72%). Insiders that own company stock include David D Kim, Farshad Haghighi, Gil C Tily, Guillaume Marie Jean Rutten, James J Kim, John Charles Stone, Kevin Engel, Mark N Rogers, Maryfrances Mccourt, Megan Faust, Roger Anthony Carolin, Sung Shin, Susan Y Kim and Winston J Churchill.
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Shares of AMKR 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.
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