A-Mark Precious Metals (AMRK) Stock Forecast, Price & News

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for A-Mark Precious Metals in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" AMRK shares.
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2 brokerages have issued 1-year price targets for A-Mark Precious Metals' stock. Their AMRK share price forecasts range from $54.00 to $57.00. On average, they anticipate the company's share price to reach $55.67 in the next twelve months. This suggests a possible upside of 47.3% from the stock's current price.
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A-Mark Precious Metals' stock was trading at $34.73 at the beginning of the year. Since then, AMRK stock has increased by 8.8% and is now trading at $37.79.
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A-Mark Precious Metals saw a decrease in short interest in May. As of May 15th, there was short interest totaling 573,600 shares, a decrease of 16.7% from the April 30th total of 688,800 shares. Based on an average daily volume of 204,000 shares, the days-to-cover ratio is presently 2.8 days.
View A-Mark Precious Metals' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 29th 2023.
View our AMRK earnings forecast.

A-Mark Precious Metals, Inc. (NASDAQ:AMRK) released its earnings results on Thursday, November, 4th. The company reported $1.09 earnings per share for the quarter, beating analysts' consensus estimates of $0.87 by $0.22. The company earned $2.01 billion during the quarter, compared to analyst estimates of $2 billion. A-Mark Precious Metals had a net margin of 1.84% and a trailing twelve-month return on equity of 36.98%. During the same quarter in the prior year, the firm posted $1.55 EPS.

A-Mark Precious Metals declared a quarterly dividend on Thursday, April 6th. Investors of record on Monday, April 17th will be given a dividend of $0.20 per share on Friday, April 28th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 2.12%. The ex-dividend date is Friday, April 14th.
Read our dividend analysis for AMRK.

ETFs with the largest weight of A-Mark Precious Metals (NASDAQ:AMRK) stock in their portfolio include First Trust Dow Jones Select Microcap Index Fund (FDM), Noble Absolute Return ETF (NOPE), Hartford Multifactor Small Cap ETF (ROSC), iShares US Small Cap Value Factor ETF (SVAL), WisdomTree U.S. SmallCap Quality Dividend Growth Fund (DGRS), Invesco FTSE RAFI US 1500 Small-Mid ETF (PRFZ), WisdomTree U.S. SmallCap Fund (EES).iShares Micro-Cap ETF (IWC).

A-Mark Precious Metals (NASDAQ:AMRK) pays an annual dividend of $0.80 per share and currently has a dividend yield of 2.21%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 12.99%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, AMRK will have a dividend payout ratio of 15.24% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for AMRK.

Shares of A-Mark Precious Metals split on Tuesday, June 7th 2022. The 2-1 split was announced on Tuesday, June 7th 2022. The newly created shares were issued to shareholders after the closing bell on Tuesday, June 7th 2022. An investor that had 100 shares of stock prior to the split would have 200 shares after the split.

2 employees have rated A-Mark Precious Metals Chief Executive Officer Greg Roberts on Glassdoor.com. Greg Roberts has an approval rating of 34% among the company's employees. This puts Greg Roberts in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies. 22.0% of employees surveyed would recommend working at A-Mark Precious Metals to a friend.

Based on aggregate information from My MarketBeat watchlists, some companies that other A-Mark Precious Metals investors own include AbbVie (ABBV), Costco Wholesale (COST), Roku (ROKU), Target (TGT), Walmart (WMT), Advanced Micro Devices (AMD), Johnson & Johnson (JNJ), NIKE (NKE), NVIDIA (NVDA) and Accenture (ACN).

A-Mark Precious Metals trades on the NASDAQ under the ticker symbol "AMRK."

A-Mark Precious Metals' stock is owned by many different institutional and retail investors. Top institutional investors include American Century Companies Inc. (7.15%), BlackRock Inc. (5.75%), Dimensional Fund Advisors LP (3.84%), CWA Asset Management Group LLC (1.88%), Geode Capital Management LLC (1.58%) and State Street Corp (1.55%). Insiders that own company stock include A-Mark Precious Metals, Inc, Andrew Cappotelli, Beverley Lepine, Brian Aquilino, Carol Meltzer, Gregory N Roberts, Gregory N Roberts, Jeffrey D Benjamin, Jess M Ravich, Kathleen Taylor-Simpson, Kendall Saville, Michael R Wittmeyer, Moorhead John, Sumi Shrishrimal, Thor Gjerdrum and William A Richardson.
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Shares of AMRK 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 AMRK stock can currently be purchased for approximately $37.79.

A-Mark Precious Metals (NASDAQ:AMRK) has a market capitalization of $879.00 million and generates $8.16 billion in revenue each year. The company earns $132.54 million in net income (profit) each year or $6.16 on an earnings per share basis.

The company employs 343 workers across the globe.

A-Mark Precious Metals' mailing address is 2121 ROSECRANS AVE. SUITE 6300, EL SEGUNDO CA, 90245. The official website for the company is www.amark.com. The company can be reached via phone at (310) 587-1477 or via email at amrk@gatewayir.com.