Amkor Technology - AMKR Stock Forecast, Price & News

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.
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1 brokerages have issued twelve-month price objectives for Amkor Technology's stock. Their AMKR share price forecasts range from $30.00 to $30.00. On average, they expect the company's share price to reach $30.00 in the next twelve months. This suggests a possible upside of 15.4% from the stock's current price.
View analysts price targets for AMKR or view top-rated stocks among Wall Street analysts.

Amkor Technology's stock was trading at $23.98 at the beginning of the year. Since then, AMKR shares have increased by 8.4% and is now trading at $25.99.
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Amkor Technology saw a drop in short interest in the month of March. As of March 15th, there was short interest totaling 2,960,000 shares, a drop of 5.1% from the February 28th total of 3,120,000 shares. Based on an average trading volume of 1,060,000 shares, the days-to-cover ratio is currently 2.8 days. Currently, 4.0% of the shares of the company are sold short.
View Amkor Technology's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Monday, May 1st 2023.
View our AMKR earnings forecast.

Amkor Technology, Inc. (NASDAQ:AMKR) released its quarterly earnings results on Monday, February, 13th. The semiconductor company reported $0.67 earnings per share for the quarter, missing analysts' consensus estimates of $0.70 by $0.03. The semiconductor company had revenue of $1.91 billion for the quarter, compared to the consensus estimate of $1.85 billion. Amkor Technology had a trailing twelve-month return on equity of 22.57% and a net margin of 10.80%. The company's revenue was up 11.0% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.88 EPS.

Amkor Technology announced a quarterly dividend on Tuesday, February 7th. Shareholders of record on Tuesday, February 28th will be paid a dividend of $0.075 per share on Monday, March 20th. This represents a $0.30 annualized dividend and a dividend yield of 1.15%. The ex-dividend date is Monday, February 27th.
Read our dividend analysis for AMKR.

ETFs with the largest weight of Amkor Technology (NASDAQ:AMKR) stock in their portfolio include Janus Henderson Small Cap Growth Alpha ETF (JSML), Invesco Dynamic Semiconductors ETF (PSI), Invesco S&P MidCap 400 Pure Growth ETF (RFG), Janus Henderson Small/Mid Cap Growth Alpha ETF (JSMD), Invesco DWA Technology Momentum ETF (PTF), First Trust Dorsey Wright Momentum & Value ETF (DVLU), Invesco S&P MidCap Value with Momentum ETF (XMVM) and First Trust SMID Cap Rising Dividend Archievers ETF (SDVY).

Amkor Technology (NASDAQ:AMKR) pays an annual dividend of $0.30 per share and currently has a dividend yield of 1.15%. 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 9.65%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, AMKR will have a dividend payout ratio of 10.00% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for AMKR.

Amkor Technology updated its first quarter earnings guidance on Monday, February, 13th. The company provided earnings per share (EPS) guidance of $0.06-$0.22 for the period, compared to the consensus earnings per share estimate of $0.51. The company issued revenue guidance of $1.40-$1.50 billion, compared to the consensus revenue estimate of $1.64 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 trades on the NASDAQ under the ticker symbol "AMKR."

Amkor Technology's stock is owned by a number of institutional and retail investors. Top institutional investors include Dimensional Fund Advisors LP (6.41%), LSV Asset Management (3.29%), Fuller & Thaler Asset Management Inc. (1.37%), Geode Capital Management LLC (0.91%), Earnest Partners LLC (0.73%) and Charles Schwab Investment Management Inc. (0.57%). 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.

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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One share of AMKR stock can currently be purchased for approximately $25.99.

Amkor Technology (NASDAQ:AMKR) has a market capitalization of $6.37 billion and generates $7.09 billion in revenue each year. The semiconductor company earns $765.82 million in net income (profit) each year or $3.11 on an earnings per share basis.

The company employs 31,300 workers across the globe.

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.