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

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for A-Mark Precious Metals in the last year. There are currently 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" AMRK shares.
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3 brokerages have issued twelve-month target prices for A-Mark Precious Metals' shares. Their AMRK share price forecasts range from $54.00 to $66.00. On average, they anticipate the company's share price to reach $58.67 in the next year. This suggests a possible upside of 91.5% from the stock's current price.
View analysts price targets for AMRK or view top-rated stocks among Wall Street analysts.

A-Mark Precious Metals' stock was trading at $34.73 on January 1st, 2023. Since then, AMRK shares have decreased by 11.8% and is now trading at $30.64.
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A-Mark Precious Metals saw a increase in short interest in the month of August. As of August 31st, there was short interest totaling 964,800 shares, an increase of 114.8% from the August 15th total of 449,200 shares. Based on an average daily volume of 177,300 shares, the days-to-cover ratio is presently 5.4 days.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 14th 2023.
View our AMRK earnings forecast.

A-Mark Precious Metals, Inc. (NASDAQ:AMRK) issued its quarterly earnings results on Thursday, August, 31st. The company reported $2.42 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.95 by $0.47. The firm had revenue of $3.16 billion for the quarter, compared to the consensus estimate of $2.26 billion. A-Mark Precious Metals had a trailing twelve-month return on equity of 36.67% and a net margin of 1.68%. During the same quarter last year, the firm earned $2.06 earnings per share.

A-Mark Precious Metals announced a quarterly dividend on Thursday, August 17th. Investors of record on Tuesday, October 10th will be given a dividend of $0.20 per share on Tuesday, October 24th. This represents a $0.80 annualized dividend and a yield of 2.61%. The ex-dividend date of this dividend is Friday, October 6th.
Read our dividend analysis for AMRK.

ETFs with the largest weight of A-Mark Precious Metals (NASDAQ:AMRK) stock in their portfolio include Noble Absolute Return ETF (NOPE), First Trust Dow Jones Select Microcap Index Fund (FDM), Invesco Dorsey Wright Financial Momentum ETF (PFI) and Royce Quant Small-Cap Quality Value ETF (SQLV).Invesco FTSE RAFI US 1500 Small-Mid ETF (PRFZ).

A-Mark Precious Metals (NASDAQ:AMRK) pays an annual dividend of $0.80 per share and currently has a dividend yield of 2.61%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 12.60%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for AMRK.

A-Mark Precious Metals's stock split on Tuesday, June 7th 2022. The 2-1 split was announced on Tuesday, June 7th 2022. The newly issued 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 BlackRock Inc. (5.95%), Dimensional Fund Advisors LP (4.20%), Goldman Sachs Group Inc. (2.33%), CWA Asset Management Group LLC (1.93%), Geode Capital Management LLC (1.65%) and State Street Corp (1.61%). 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 $30.64.

A-Mark Precious Metals (NASDAQ:AMRK) has a market capitalization of $715.14 million and generates $9.32 billion in revenue each year. The company earns $156.36 million in net income (profit) each year or $6.35 on an earnings per share basis.

The company employs 377 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.