AssetMark Financial (AMK) Stock Forecast, Price & News

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for AssetMark Financial in the last year. There are currently 2 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" AMK shares.
View AMK analyst ratings or view top-rated stocks.

3 brokers have issued 12 month price targets for AssetMark Financial's stock. Their AMK share price forecasts range from $28.00 to $37.00. On average, they expect the company's stock price to reach $32.00 in the next year. This suggests a possible upside of 27.6% from the stock's current price.
View analysts price targets for AMK or view top-rated stocks among Wall Street analysts.

AssetMark Financial's stock was trading at $23.00 at the beginning of 2023. Since then, AMK stock has increased by 9.0% and is now trading at $25.08.
View the best growth stocks for 2023 here.

AssetMark Financial saw a increase in short interest in September. As of September 15th, there was short interest totaling 291,400 shares, an increase of 7.0% from the August 31st total of 272,400 shares. Based on an average daily trading volume, of 104,700 shares, the days-to-cover ratio is currently 2.8 days. Approximately 1.3% of the company's shares are sold short.
View AssetMark Financial's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 7th 2023.
View our AMK earnings forecast.

AssetMark Financial Holdings, Inc. (NYSE:AMK) announced its earnings results on Wednesday, August, 2nd. The company reported $0.50 earnings per share for the quarter, missing the consensus estimate of $0.53 by $0.03. The company had revenue of $183.23 million for the quarter, compared to analysts' expectations of $183.95 million. AssetMark Financial had a net margin of 15.59% and a trailing twelve-month return on equity of 11.93%.

ETFs with the largest weight of AssetMark Financial (NYSE:AMK) stock in their portfolio include Invesco Dynamic Software ETF (PSJ).BlackRock Future Financial and Technology ETF (BPAY).

20 employees have rated AssetMark Financial Chief Executive Officer Charles G. Goldman on Glassdoor.com. Charles G. Goldman has an approval rating of 85% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other AssetMark Financial investors own include AbbVie (ABBV), Verizon Communications (VZ), Advanced Micro Devices (AMD), Alibaba Group (BABA), Chewy (CHWY), Dominion Energy (D), DocuSign (DOCU), General Motors (GM), Global Payments (GPN) and International Business Machines (IBM).

(AMK) raised $250 million in an initial public offering (IPO) on Thursday, July 18th 2019. The company issued 12,500,000 shares at $19.00-$21.00 per share. J.P. Morgan, Goldman Sachs, Credit Suisse and Huatai Securities (USA) acted as the underwriters for the IPO and BMO Capital Markets, Raymond James and William Blair were co-managers.

AssetMark Financial trades on the New York Stock Exchange (NYSE) under the ticker symbol "AMK."

Shares of AMK 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.

One share of AMK stock can currently be purchased for approximately $25.08.

AssetMark Financial (NYSE:AMK) has a market capitalization of $1.86 billion and generates $618.31 million in revenue each year. The company earns $103.26 million in net income (profit) each year or $1.43 on an earnings per share basis.

The company employs 1,000 workers across the globe.

AssetMark Financial's mailing address is 1655 GRANT STREET 10TH FLOOR, CONCORD CA, 94520. The official website for the company is www.assetmark.com. The company can be reached via phone at (925) 521-2200 or via email at http://ir.assetmark.com.