NASDAQ:AMKR Amkor Technology (AMKR) Stock Forecast, Price & News $25.11 +0.33 (+1.33%) (As of 06/1/2023 ET) Add Compare Share Share Today's Range$24.57▼$25.3350-Day Range$20.49▼$26.0252-Week Range$14.89▼$31.38Volume1.09 million shsAverage Volume793,408 shsMarket Capitalization$6.17 billionP/E Ratio9.66Dividend Yield1.19%Price Target$32.00 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Amkor Technology MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside27.4% Upside$32.00 Price TargetShort InterestHealthy3.23% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-2.88Upright™ Environmental ScoreNews Sentiment0.32Based on 4 Articles This WeekInsider TradingSelling Shares$1.79 M Sold Last QuarterProj. Earnings Growth47.06%From $1.70 to $2.50 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.2.98 out of 5 starsComputer And Technology Sector49th out of 1,226 stocksSemiconductors & Related Devices Industry13th out of 178 stocks 3.5 Analyst's Opinion Consensus RatingAmkor Technology has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $32.00, Amkor Technology has a forecasted upside of 27.4% from its current price of $25.11.Amount of Analyst CoverageAmkor Technology has received no research coverage in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted3.23% of the float of Amkor Technology has been sold short.Short Interest Ratio / Days to CoverAmkor Technology has a short interest ratio ("days to cover") of 3.5, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Amkor Technology has recently increased by 12.36%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend YieldAmkor Technology pays a meaningful dividend of 1.19%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthAmkor Technology has only been increasing its dividend for 2 years.Dividend CoverageThe dividend payout ratio of Amkor Technology is 11.54%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Amkor Technology will have a dividend payout ratio of 12.00% next year. This indicates that Amkor Technology will be able to sustain or increase its dividend. Previous Next 2.6 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreAmkor Technology has received a 17.45% net impact score from Upright. Amkor Technology seems to create the most significant positive value in categories "Taxes", "Jobs", and "Creating knowledge". The positive contribution in the "Creating knowledge" impact category is mostly driven by its "Component testing services for electronics", "Packaging engineering", and "Plastic consumer electronics packages" products. See details.Environmental SustainabilityThe Environmental Impact score for Amkor Technology is -2.88. Previous Next 2.4 News and Social Media Coverage News SentimentAmkor Technology has a news sentiment score of 0.32. 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 lower news sentiment than the 0.45 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Amkor Technology this week, compared to 2 articles on an average week.Search InterestOnly 4 people have searched for AMKR on MarketBeat in the last 30 days. This is a decrease of -67% compared to the previous 30 days.MarketBeat Follows8 people have added Amkor Technology to their MarketBeat watchlist in the last 30 days. This is an increase of 300% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Amkor Technology insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,788,702.00 in company stock.Percentage Held by Insiders53.30% of the stock of Amkor Technology is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 38.07% of the stock of Amkor Technology is held by institutions. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Amkor Technology are expected to grow by 47.06% in the coming year, from $1.70 to $2.50 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Amkor Technology is 9.66, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 128.43.Price to Earnings Ratio vs. SectorThe P/E ratio of Amkor Technology is 9.66, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 300.89.Price to Book Value per Share RatioAmkor Technology has a P/B Ratio of 1.66. 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 Amkor Technology (NASDAQ:AMKR) StockAmkor Technology, Inc. provides outsourced semiconductor packaging and test services. Its services include design, package characterization, test and wafer bumping services. The firm's operations include production facilities, product development centers, and sales and support offices. The company was founded in 1986 and is headquartered in Tempe, AZ.Read More Receive AMKR Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Amkor Technology and its competitors with MarketBeat's FREE daily newsletter. Email Address AMKR Stock News HeadlinesMay 31, 2023 | americanbankingnews.comAmkor Technology, Inc. (NASDAQ:AMKR) Short Interest Up 12.4% in MayMay 27, 2023 | americanbankingnews.comMegan Faust Sells 2,700 Shares of Amkor Technology, Inc. (NASDAQ:AMKR) StockJune 2, 2023 | Edge On The Street (Ad)The Graphite Shortage Story You're Not Being ToldGraphite demand for EV batteries is expected to increase 10X from 2020 to 2030. And today, with NO graphite-producing mines in N. America, China has a stranglehold on our graphite supply. That's why the U.S. government is spending billions of dollars to ensure an adequate domestic supply of this metal that's vital for energy independence and national security. May 23, 2023 | finance.yahoo.comAmkor Technology to Present at the Baird 2023 Global Consumer, Technology & Services ConferenceMay 19, 2023 | americanbankingnews.comAmkor Technology (NASDAQ:AMKR) Receives New Coverage from Analysts at StockNews.comMay 18, 2023 | msn.comAMKOR Technology (AMKR) Declares $0.08 DividendMay 6, 2023 | americanbankingnews.comFY2023 Earnings Estimate for Amkor Technology, Inc. Issued By DA Davidson (NASDAQ:AMKR)May 5, 2023 | americanbankingnews.comDA Davidson Weighs in on Amkor Technology, Inc.'s Q2 2023 Earnings (NASDAQ:AMKR)June 2, 2023 | Edge On The Street (Ad)The Graphite Shortage Story You're Not Being ToldGraphite demand for EV batteries is expected to increase 10X from 2020 to 2030. And today, with NO graphite-producing mines in N. America, China has a stranglehold on our graphite supply. That's why the U.S. government is spending billions of dollars to ensure an adequate domestic supply of this metal that's vital for energy independence and national security. May 5, 2023 | americanbankingnews.comAmkor Technology (NASDAQ:AMKR) Downgraded to "Hold" at StockNews.comMay 4, 2023 | insidermonkey.comAmkor Technology, Inc. (NASDAQ:AMKR) Q1 2023 Earnings Call TranscriptMay 3, 2023 | americanbankingnews.comAmkor Technology (NASDAQ:AMKR) Price Target Cut to $32.00 by Analysts at DA DavidsonMay 2, 2023 | msn.comDA Davidson Maintains AMKOR Technology (AMKR) Buy RecommendationMay 2, 2023 | finance.yahoo.comQ1 2023 Amkor Technology Inc Earnings CallMay 1, 2023 | seekingalpha.comAmkor Technology, Inc. (AMKR) Q1 2023 Earnings Call TranscriptMay 1, 2023 | theglobeandmail.comAmkor (NASDAQ:AMKR) Misses Q1 Analysts' Revenue EstimatesApril 29, 2023 | americanbankingnews.comAmkor Technology (AMKR) Set to Announce Quarterly Earnings on MondayApril 27, 2023 | seekingalpha.comAMKR Amkor Technology, Inc.April 25, 2023 | msn.comUnusual Call Option Trade in AMKOR Technology (AMKR) Worth $51.01KApril 22, 2023 | americanbankingnews.comAmkor Technology, Inc. (NASDAQ:AMKR) CFO Megan Faust Sells 6,000 SharesApril 20, 2023 | americanbankingnews.comAmkor Technology, Inc. (NASDAQ:AMKR) CEO Guillaume Marie Jean Rutten Sells 30,000 SharesApril 3, 2023 | americanbankingnews.comShort Interest in Amkor Technology, Inc. (NASDAQ:AMKR) Declines By 5.1%March 30, 2023 | americanbankingnews.comAmkor Technology (NASDAQ:AMKR) Stock Price Down 2.5%March 28, 2023 | finance.yahoo.comThe Drive to Silicon Carbide: Amkor Expands Power Solutions for Automotive ElectrificationMarch 21, 2023 | seekingalpha.comAmkor Technology Might Be Stuck In A Range For A WhileMarch 20, 2023 | forbes.comNasdaq Leaps Back To The Forefront: 4 Good Value StocksMarch 8, 2023 | finance.yahoo.comAmkor Technology (NASDAQ:AMKR) shareholders have earned a 46% CAGR over the last three yearsSee More Headlines AMKR Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart AMKR Company Calendar Ex-Dividend for 3/20 Dividend2/27/2023Dividend Payable3/20/2023Last Earnings5/01/2023Today6/01/2023Ex-Dividend for 6/26 Dividend6/05/2023Dividend Payable6/26/2023Next Earnings (Estimated)8/07/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Semiconductors & related devices Sub-IndustrySemiconductor Equipment SectorComputer and Technology Current SymbolNASDAQ:AMKR CUSIP03165210 CIK1047127 Webwww.amkor.com Phone(480) 821-5000Fax480-821-8276Employees31,300Year Founded1968Price Target and Rating Average Stock Price Forecast$32.00 High Stock Price Forecast$32.00 Low Stock Price Forecast$32.00 Forecasted Upside/Downside+27.4%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$2.60 Trailing P/E Ratio9.66 Forward P/E Ratio14.77 P/E GrowthN/ANet Income$765.82 million Net Margins9.19% Pretax Margin10.22% Return on Equity18.08% Return on Assets9.67% Debt Debt-to-Equity Ratio0.28 Current Ratio2.08 Quick Ratio1.69 Sales & Book Value Annual Sales$7.09 billion Price / Sales0.87 Cash Flow$5.58 per share Price / Cash Flow4.50 Book Value$15.17 per share Price / Book1.66Miscellaneous Outstanding Shares245,640,000Free Float114,714,000Market Cap$6.17 billion OptionableOptionable Beta1.75 Social Links Key ExecutivesGiel RuttenPresident, Chief Executive Officer & DirectorMegan FaustChief Financial Officer, Treasurer & Executive VPMark N. RogersSecretary, Executive VP & General CounselSteve ShinExecutive VP-Worldwide Manufacturing OperationsFarshad HaghighiExecutive VP-Worldwide Sales & MarketingKey CompetitorsFormFactorNASDAQ:FORMWolfspeedNYSE:WOLFIPG PhotonicsNASDAQ:IPGPRambusNASDAQ:RMBSPower IntegrationsNASDAQ:POWIView All CompetitorsInsiders & InstitutionsProShare Advisors LLCSold 4,462 shares on 5/26/2023Ownership: 0.010%Megan FaustSold 2,700 sharesTotal: $61,182.00 ($22.66/share)Ameriprise Financial Inc.Bought 93,016 shares on 5/22/2023Ownership: 0.302%JPMorgan Chase & Co.Sold 156,374 shares on 5/18/2023Ownership: 0.143%Thrivent Financial for LutheransSold 6,280 shares on 5/17/2023Ownership: 0.038%View All Insider TransactionsView All Institutional Transactions AMKR Stock - Frequently Asked Questions Should I buy or sell Amkor Technology stock right now? 1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Amkor Technology in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" AMKR shares. View AMKR analyst ratings or view top-rated stocks. What is Amkor Technology's stock price forecast for 2023? 1 brokerages have issued 1 year price objectives for Amkor Technology's shares. Their AMKR share price forecasts range from $32.00 to $32.00. On average, they predict the company's share price to reach $32.00 in the next twelve months. This suggests a possible upside of 27.4% from the stock's current price. View analysts price targets for AMKR or view top-rated stocks among Wall Street analysts. How have AMKR shares performed in 2023? Amkor Technology's stock was trading at $23.98 at the beginning of 2023. Since then, AMKR stock has increased by 4.7% and is now trading at $25.11. View the best growth stocks for 2023 here. Are investors shorting Amkor Technology? Amkor Technology saw a increase in short interest in May. As of May 15th, there was short interest totaling 3,000,000 shares, an increase of 12.4% from the April 30th total of 2,670,000 shares. Based on an average daily trading volume, of 865,100 shares, the days-to-cover ratio is currently 3.5 days. Approximately 3.2% of the shares of the company are sold short. View Amkor Technology's Short Interest. When is Amkor Technology's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, August 7th 2023. View our AMKR earnings forecast. How were Amkor Technology's earnings last quarter? Amkor Technology, Inc. (NASDAQ:AMKR) released its quarterly earnings results on Monday, May, 1st. The semiconductor company reported $0.18 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.18. The semiconductor company earned $1.47 billion during the quarter, compared to analyst estimates of $1.51 billion. Amkor Technology had a net margin of 9.19% and a trailing twelve-month return on equity of 18.08%. Amkor Technology's revenue for the quarter was down 7.8% on a year-over-year basis. During the same period last year, the company posted $0.69 earnings per share. How often does Amkor Technology pay dividends? What is the dividend yield for Amkor Technology? Amkor Technology declared a quarterly dividend on Tuesday, May 16th. Stockholders of record on Tuesday, June 6th will be paid a dividend of $0.075 per share on Monday, June 26th. This represents a $0.30 annualized dividend and a yield of 1.19%. The ex-dividend date is Monday, June 5th. Read our dividend analysis for AMKR. What ETFs hold Amkor Technology's stock? ETFs with the largest weight of Amkor Technology (NASDAQ:AMKR) stock in their portfolio include First Trust Nasdaq Semiconductor ETF (FTXL), Janus Henderson Small Cap Growth Alpha ETF (JSML), Invesco Dynamic Semiconductors ETF (PSI), Invesco S&P MidCap 400 Pure Growth ETF (RFG), First Trust Dorsey Wright Momentum & Value ETF (DVLU), Janus Henderson Small/Mid Cap Growth Alpha ETF (JSMD), Is Amkor Technology a good dividend stock? Amkor Technology (NASDAQ:AMKR) pays an annual dividend of $0.30 per share and currently has a dividend yield of 1.18%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 11.54%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, AMKR will have a dividend payout ratio of 12.00% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for AMKR. What guidance has Amkor Technology issued on next quarter's earnings? Amkor Technology issued an update on its second quarter 2023 earnings guidance on Monday, May, 1st. The company provided earnings per share (EPS) guidance of $0.12-$0.28 for the period, compared to the consensus earnings per share estimate of $0.30. The company issued revenue guidance of $1.43 billion-$1.52 billion, compared to the consensus revenue estimate of $1.50 billion. What is Stephen D. Kelley's approval rating as Amkor Technology's CEO? 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. What other stocks do shareholders of Amkor Technology own? 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). What is Amkor Technology's stock symbol? Amkor Technology trades on the NASDAQ under the ticker symbol "AMKR." Who are Amkor Technology's major shareholders? Amkor Technology's stock is owned by a variety of institutional and retail investors. Top institutional investors include Dimensional Fund Advisors LP (6.08%), BlackRock Inc. (5.42%), LSV Asset Management (3.11%), State Street Corp (1.43%), Geode Capital Management LLC (0.87%) and First Trust Advisors LP (0.87%). Insiders that own company stock include David D Kim, Farshad Haghighi, Gil C Tily, Guillaume Marie Jean Rutten, John Charles Stone, Kevin Engel, Maryfrances Mccourt, Megan Faust, Susan Y Kim and Winston J Churchill. View institutional ownership trends. How do I buy shares of Amkor Technology? 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. Compare Top Brokerages Here. What is Amkor Technology's stock price today? One share of AMKR stock can currently be purchased for approximately $25.11. How much money does Amkor Technology make? Amkor Technology (NASDAQ:AMKR) has a market capitalization of $6.17 billion and generates $7.09 billion in revenue each year. The semiconductor company earns $765.82 million in net income (profit) each year or $2.60 on an earnings per share basis. How many employees does Amkor Technology have? The company employs 31,300 workers across the globe. Does Amkor Technology have any subsidiaries? The following companies are subsidiares of Amkor Technology: ATEP - Amkor Technology Portugal S.A., Amkor Advanced Technology Taiwan Inc. , Amkor Assembly & Test (Shanghai) Co. Ltd. , Amkor Iwate Co. Ltd., Amkor Technology Euroservices S.A.S., Amkor Technology Holding B.V., Amkor Technology Holding B.V. Germany (A Branch of a Netherlands Company), Amkor Technology Japan Inc., Amkor Technology Korea Inc. , Amkor Technology Limited, Amkor Technology Malaysia Sdn. Bhd., Amkor Technology Philippines Inc. (A Branch of a Singapore Company), Amkor Technology Singapore Holding Pte. Ltd., Amkor Technology Singapore Holding Pte. Ltd. Taiwan Branch (A Branch of a Singapore Company), Amkor Technology Singapore Investment Pte. Ltd. , Amkor Technology Taiwan Ltd. , Amkor Technology Vietnam Limited Liability Company, Amkor Worldwide Services LLC, Amkor Worldwide Services LLC - ROHQ (A Branch of a United States Company), Guardian Assets Inc. , J-Devices Corp., Nanium S.A., Unitive Inc., and Unitive Semiconductor Taiwan.Read More How can I contact Amkor Technology? Amkor Technology's mailing address is 2045 EAST INNOVATION CIRCLE, TEMPE AZ, 85284. The official website for the company is www.amkor.com. The semiconductor company can be reached via phone at (480) 821-5000, via email at greg.johnson@amkor.com, or via fax at 480-821-8276. This page (NASDAQ:AMKR) was last updated on 6/2/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Amkor Technology, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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