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 Wall Street analysts have issued 12-month price targets for Amkor Technology's shares. 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 year. This suggests a possible upside of 17.0% 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 6.9% and is now trading at $25.64.
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The company is scheduled to release its next quarterly earnings announcement on Monday, May 1st 2023.
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Amkor Technology, Inc. (NASDAQ:AMKR) announced its quarterly earnings data on Monday, February, 13th. The semiconductor company reported $0.67 EPS for the quarter, missing the consensus estimate of $0.70 by $0.03. The semiconductor company earned $1.91 billion during the quarter, compared to analysts' expectations of $1.85 billion. Amkor Technology had a net margin of 10.80% and a trailing twelve-month return on equity of 22.57%. The company's revenue was up 11.0% on a year-over-year basis. During the same period last year, the business earned $0.88 earnings per share.

Amkor Technology announced a quarterly dividend on Tuesday, February 7th. Shareholders of record on Tuesday, February 28th will be given a dividend of $0.075 per share on Monday, March 20th. This represents a $0.30 annualized dividend and a dividend yield of 1.17%. The ex-dividend date of this dividend 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 issued an update on its first quarter earnings guidance on Monday, February, 13th. The company provided earnings per share guidance of $0.06-$0.22 for the period, compared to the consensus EPS 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 retail and institutional investors. Top institutional shareholders 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.
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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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One share of AMKR stock can currently be purchased for approximately $25.64.

Amkor Technology (NASDAQ:AMKR) has a market capitalization of $6.29 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.