S&P 500   4,967.23
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How major US stock indexes fared Friday, 4/19/2024
Biden signs bill extending a key US surveillance program after divisions nearly forced it to lapse
MarketBeat Week in Review – 4/15 - 4/19
The drug war devastated Black and other minority communities. Is marijuana legalization helping?
Morning sickness? Prenatal check-ups? What to know about new rights for pregnant workers
A man escaped Sudan's bloody civil war. His mysterious death in Missisippi has sparked suspicion
Record Store Day celebrates indie retail music sellers as they ride vinyl's popularity wave
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Biden signs bill extending a key US surveillance program after divisions nearly forced it to lapse
MarketBeat Week in Review – 4/15 - 4/19
The drug war devastated Black and other minority communities. Is marijuana legalization helping?
Morning sickness? Prenatal check-ups? What to know about new rights for pregnant workers
A man escaped Sudan's bloody civil war. His mysterious death in Missisippi has sparked suspicion
Record Store Day celebrates indie retail music sellers as they ride vinyl's popularity wave
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Biden signs bill extending a key US surveillance program after divisions nearly forced it to lapse
MarketBeat Week in Review – 4/15 - 4/19
The drug war devastated Black and other minority communities. Is marijuana legalization helping?
Morning sickness? Prenatal check-ups? What to know about new rights for pregnant workers
A man escaped Sudan's bloody civil war. His mysterious death in Missisippi has sparked suspicion
Record Store Day celebrates indie retail music sellers as they ride vinyl's popularity wave
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Biden signs bill extending a key US surveillance program after divisions nearly forced it to lapse
MarketBeat Week in Review – 4/15 - 4/19
The drug war devastated Black and other minority communities. Is marijuana legalization helping?
Morning sickness? Prenatal check-ups? What to know about new rights for pregnant workers
A man escaped Sudan's bloody civil war. His mysterious death in Missisippi has sparked suspicion
Record Store Day celebrates indie retail music sellers as they ride vinyl's popularity wave
NYSE:AMK

AssetMark Financial (AMK) Stock Price, News & Analysis

$34.74
+0.24 (+0.70%)
(As of 04/19/2024 ET)
Today's Range
$34.29
$34.96
50-Day Range
$31.11
$37.03
52-Week Range
$22.92
$37.54
Volume
198,491 shs
Average Volume
320,258 shs
Market Capitalization
$2.58 billion
P/E Ratio
21.18
Dividend Yield
N/A
Price Target
$32.67

AssetMark Financial MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
6.0% Downside
$32.67 Price Target
Short Interest
Healthy
1.07% of Float Sold Short
Dividend Strength
N/A
Sustainability
-0.18
Upright™ Environmental Score
News Sentiment
0.50mentions of AssetMark Financial in the last 14 days
Based on 7 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
7.32%
From $2.46 to $2.64 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.40 out of 5 stars

Finance Sector

437th out of 838 stocks

Investment Advice Industry

27th out of 46 stocks

AMK stock logo

About AssetMark Financial Stock (NYSE:AMK)

AssetMark Financial Holdings, Inc., together with its subsidiaries, provides wealth management platform in the United States. It offers an open-architecture product platform, as well as client advice, asset allocation options, practice management, support services, and technology solutions to the financial adviser channel. The company also provides flexible technology platform for advisers for accessing a range of automated tools and capabilities, including new account opening, portfolio construction, streamlined financial planning, customer billing, investor reporting, progress-to-goal analysis, and client activity tracking; adviser services; curated investment platform; and integrated financial planning tools. In addition, it provides SaaS-based financial planning, wellness, and client digital engagement solutions; offers mutual funds; custodial recordkeeping services primarily to investor clients of registered investment advisers; wealth management solutions for individual investors; and overlay management, investment solutions, flexible desktop technology, and a manager marketplace. The company serves independent advisers who provide wealth management advice to the U.S. investors. AssetMark Financial Holdings, Inc. was founded in 1996 and is headquartered in Concord, California. AssetMark Financial Holdings, Inc. operates as a subsidiary of Huatai International Investment Holdings Limited.

AMK Stock Price History

AMK Stock News Headlines

SHOCKING Crypto Leak…
A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
March AMK Report
SHOCKING Crypto Leak…
A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
February AMK Report
AssetMark Financial Holdings Inc (AMK)
AMK Mar 2024 30.000 put
Q4 2023 AssetMark Financial Holdings Inc Earnings Call
AssetMark Revenue Drops. The Stock Is Down Too.
AssetMark Financial (AMK) Q4 Earnings Top Estimates
AMK Aug 2024 40.000 call
See More Headlines
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Company Calendar

Last Earnings
2/21/2024
Today
4/20/2024
Next Earnings (Estimated)
5/01/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Investment advice
Sub-Industry
N/A
Fax
N/A
Employees
990
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$32.67
High Stock Price Target
$41.00
Low Stock Price Target
$25.00
Potential Upside/Downside
-6.0%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$123.12 million
Pretax Margin
23.64%

Debt

Sales & Book Value

Annual Sales
$708.50 million
Cash Flow
$2.60 per share
Book Value
$17.07 per share

Miscellaneous

Free Float
72,688,000
Market Cap
$2.58 billion
Optionable
Optionable
Beta
1.11
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Key Executives


AMK Stock Analysis - Frequently Asked Questions

Should I buy or sell AssetMark Financial stock right now?

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

What is AssetMark Financial's stock price target for 2024?

2 Wall Street research analysts have issued 1 year target prices for AssetMark Financial's stock. Their AMK share price targets range from $25.00 to $41.00. On average, they anticipate the company's stock price to reach $32.67 in the next year. This suggests that the stock has a possible downside of 6.0%.
View analysts price targets for AMK
or view top-rated stocks among Wall Street analysts.

How have AMK shares performed in 2024?

AssetMark Financial's stock was trading at $29.95 at the beginning of 2024. Since then, AMK stock has increased by 16.0% and is now trading at $34.74.
View the best growth stocks for 2024 here
.

Are investors shorting AssetMark Financial?

AssetMark Financial saw a increase in short interest in March. As of March 31st, there was short interest totaling 231,000 shares, an increase of 13.2% from the March 15th total of 204,000 shares. Based on an average daily trading volume, of 188,100 shares, the short-interest ratio is currently 1.2 days. Currently, 1.1% of the shares of the stock are sold short.
View AssetMark Financial's Short Interest
.

When is AssetMark Financial's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024.
View our AMK earnings forecast
.

How were AssetMark Financial's earnings last quarter?

AssetMark Financial Holdings, Inc. (NYSE:AMK) posted its earnings results on Wednesday, February, 21st. The company reported $0.54 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.52 by $0.02. The business earned $158.18 million during the quarter, compared to the consensus estimate of $188.88 million. AssetMark Financial had a trailing twelve-month return on equity of 12.74% and a net margin of 17.38%.

What ETFs hold AssetMark Financial's stock?

ETFs with the largest weight of AssetMark Financial (NYSE:AMK) stock in their portfolio include BlackRock Future Financial and Technology ETF (BPAY) and Global X FinTech Thematic ETF (FINX).Timothy Plan US Small Cap Core ETF (TPSC).

What is Charles G. Goldman's approval rating as AssetMark Financial's CEO?

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.

What other stocks do shareholders of AssetMark Financial own?

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).

When did AssetMark Financial IPO?

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

Who are AssetMark Financial's major shareholders?

AssetMark Financial's stock is owned by many different institutional and retail investors. Top institutional investors include Hodges Capital Management Inc. (0.08%), Los Angeles Capital Management LLC (0.05%) and Allspring Global Investments Holdings LLC (0.03%). Insiders that own company stock include Carrie E Hansen, Gary G Zyla, Jeremiah H Chafkin, Joel David Mcnatt Jr, John Hahn, Michael Kim, Mukesh Mehta, Natalie Grace Wolfsen and Ted F Angus.
View institutional ownership trends
.

How do I buy shares of AssetMark Financial?

Shares of AMK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:AMK) was last updated on 4/20/2024 by MarketBeat.com Staff

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