AssetMark Financial Stock Price, News & Analysis (NYSE:AMK) $25.64 -0.02 (-0.08%) (As of 11/30/2023 ET) Add Compare Share Share Today's Range$25.40▼$25.9650-Day Range$23.18▼$26.0852-Week Range$22.58▼$33.00Volume99,612 shsAverage Volume121,994 shsMarket Capitalization$1.90 billionP/E Ratio16.76Dividend YieldN/APrice Target$30.60 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSocial MediaSustainability AssetMark Financial MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside19.3% Upside$30.60 Price TargetShort InterestHealthy1.32% of Float Sold ShortDividend StrengthN/ASustainability-0.18Upright™ Environmental ScoreNews SentimentN/AInsider TradingN/AProj. Earnings Growth5.24%From $2.10 to $2.21 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.91 out of 5 starsFinance Sector648th out of 860 stocksInvestment Advice Industry37th out of 47 stocks 2.5 Analyst's Opinion Consensus RatingAssetMark Financial has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $30.60, AssetMark Financial has a forecasted upside of 19.3% from its current price of $25.64.Amount of Analyst CoverageAssetMark Financial has only been the subject of 2 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.32% of the float of AssetMark Financial has been sold short.Short Interest Ratio / Days to CoverAssetMark Financial has a short interest ratio ("days to cover") of 2.7, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in AssetMark Financial has recently increased by 25.43%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldAssetMark Financial does not currently pay a dividend.Dividend GrowthAssetMark Financial does not have a long track record of dividend growth. Previous Next 4.3 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreAssetMark Financial has received a 64.23% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Pre-retirement counseling", "Management consulting for the financial industry", and "Financial consulting" products. See details.Environmental SustainabilityThe Environmental Impact score for AssetMark Financial is -0.18. Previous Next 0.6 News and Social Media Coverage News SentimentAssetMark Financial has a news sentiment score of -1.00. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.64 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 1 news article for AssetMark Financial this week, compared to 2 articles on an average week. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, AssetMark Financial insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 2.30% of the stock of AssetMark Financial is held by insiders.Percentage Held by InstitutionsOnly 28.56% of the stock of AssetMark Financial is held by institutions. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for AssetMark Financial are expected to grow by 5.24% in the coming year, from $2.10 to $2.21 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of AssetMark Financial is 16.76, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 112.25.Price to Earnings Ratio vs. SectorThe P/E ratio of AssetMark Financial is 16.76, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 46.14.Price to Book Value per Share RatioAssetMark Financial has a P/B Ratio of 1.55. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About AssetMark Financial Stock (NYSE:AMK)AssetMark Financial Holdings, Inc. provides wealth management and technology solutions in the United States. The company offers an open-architecture product platform, as well as client advice, asset allocation options, practice management, support services, and technology to the financial adviser channel. It also provides integrated technology platform for advisers for accessing a range of automated processes, including new account opening, portfolio construction, streamlined financial planning, customer billing, investor reporting, progress to goal analysis, and client activity tracking; advisory services; and curated investment platform. In addition, the company provides SaaS-based financial planning, wellness, and client digital engagement solutions. Further, it offers mutual funds; custodial recordkeeping services primarily to investor clients of registered investment advisers; and wealth management solutions for individual investors. The company serves independent advisers who provide wealth management advice to the U.S. investors and advisers. 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.Read More AMK Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart AMK Stock News HeadlinesNovember 13, 2023 | msn.comAssetMark Financial platform assets extend slump in OctoberNovember 10, 2023 | seekingalpha.comAssetMark Is Primed For Investment In Growth And Efficiency (Upgrade)December 1, 2023 | Tomorrow Investor (Ad)The Only Practical Solution to the World’s Looming Energy CrisisThere’s just one problem: There are more plans for new uses of nuclear than there is uranium to fuel the plants!November 7, 2023 | finance.yahoo.comQ3 2023 AssetMark Financial Holdings Inc Earnings CallNovember 7, 2023 | finanznachrichten.deAssetMark, Inc.: AssetMark Reports $99.6B Platform Assets for Third Quarter 2023November 7, 2023 | finance.yahoo.comHere's What Key Metrics Tell Us About AssetMark Financial (AMK) Q3 EarningsNovember 6, 2023 | seekingalpha.comAssetMark Financial Holdings, Inc. 2023 Q3 - Results - Earnings Call PresentationNovember 6, 2023 | finance.yahoo.comAssetMark Reports $99.6B Platform Assets for Third Quarter 2023December 1, 2023 | Tomorrow Investor (Ad)Why Microsoft Just Placed A Huge Bet On NuclearEven with aggressive expansion and acquisition of solar and wind farms, renewable energy isn’t anywhere close to providing the energy that Microsoft demands.November 6, 2023 | finance.yahoo.comAssetMark Financial Holdings Inc (AMK) Reports $99.6B Platform Assets for Q3 2023November 3, 2023 | benzinga.comA Preview Of AssetMark Financial Hldgs's EarningsNovember 2, 2023 | finance.yahoo.comAssetMark and Cheetah Collaborate to Address Evolving Bank Trust and Wealth Management NeedsOctober 24, 2023 | finance.yahoo.comAssetMark to Announce Third Quarter 2023 Results on November 6, 2023October 12, 2023 | benzinga.comAMK Investigation: Assetmark Financial Holdings, Inc. Shareholders Should Contact Robbins LLP for Information about the Firm's InvestigationOctober 11, 2023 | markets.businessinsider.comRaymond James Maintains Strong Buy Rating for AssetMark Financial Hldgs: Here's What You Need To KnowOctober 10, 2023 | msn.comAssetMark's platform assets retreat to lowest since MayOctober 3, 2023 | benzinga.comAssetmark Financial Holdings, Inc. Investors: Robbins LLP is Investigating AMK on Behalf of ShareholdersSeptember 30, 2023 | finance.yahoo.comAssetMark Fined $18M by SEC for Conflicts-of-Interest ViolationsSeptember 26, 2023 | finance.yahoo.comAssetMark to Pay $18 Million Over Disclosure Failures Involving Cash Sweeps, Revenue SharingSeptember 11, 2023 | msn.comAssetMark Financial's platform assets slip 1% M/M in AugustSeptember 9, 2023 | barrons.comNatalie Wolfsen Exits AssetMark to Become CEO of OrionSeptember 8, 2023 | msn.comAssetMark names Michael Kim as CEOSeptember 8, 2023 | finance.yahoo.comAssetMark Names Michael Kim Chief Executive OfficerSeptember 8, 2023 | finance.yahoo.comNatalie Wolfsen Exits AssetMark to Become CEO of Orion Advisor ServicesAugust 4, 2023 | markets.businessinsider.comBMO Capital Keeps Their Hold Rating on AssetMark Financial Holdings (AMK)August 4, 2023 | seekingalpha.comAssetMark Financial Holdings, Inc. 2023 Q2 - Results - Earnings Call PresentationAugust 3, 2023 | finance.yahoo.comAs It Attracts More Advisors, AssetMark Notches Record GrowthSee More Headlines Receive AMK Stock News and Ratings via Email Sign-up to receive the latest news and ratings for AssetMark Financial and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings11/06/2023Today11/30/2023Fiscal Year End12/31/2023Next Earnings (Estimated)2/28/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Investment advice Sub-IndustryN/A SectorFinance Current SymbolNYSE:AMK CUSIPN/A CIK1591587 Webwww.assetmark.com Phone(925) 521-2200FaxN/AEmployees1,000Year FoundedN/APrice Target and Rating Average Stock Price Target$30.60 High Stock Price Target$36.00 Low Stock Price Target$25.00 Potential Upside/Downside+19.3%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$1.53 Trailing P/E Ratio16.76 Forward P/E Ratio12.21 P/E GrowthN/ANet Income$103.26 million Net Margins15.97% Pretax Margin22.15% Return on Equity12.27% Return on Assets9.30% Debt Debt-to-Equity Ratio0.08 Current Ratio3.00 Quick Ratio3.00 Sales & Book Value Annual Sales$618.31 million Price / Sales3.08 Cash Flow$2.03 per share Price / Cash Flow12.66 Book Value$16.52 per share Price / Book1.55Miscellaneous Outstanding Shares74,260,000Free Float72,557,000Market Cap$1.90 billion OptionableNot Optionable Beta1.07 Elon Musk's Next MoveWondering when you'll finally be able to invest in SpaceX, StarLink or The Boring Company? Click the link below to learn when Elon Musk will let these companies finally IPO.Get This Free Report Key ExecutivesMr. H. Michael Kim (Age 53)CEO & Director Comp: $1.24MMr. Gary G. Zyla (Age 50)Executive VP, Principal Accounting Officer & CFO Comp: $966.75kMs. Carrie Ellen Hansen CPA (Age 53)Executive VP, COO & President Mutual Funds Mr. Christian L. Chan C.F.A.Chief Investment OfficerMr. Mukesh Kantilal Mehta (Age 56)Executive VP & Chief Information Officer Mr. Taylor John Hamilton C.F.A.Head of Investor RelationsMr. Ted Fyke Angus J.D. (Age 51)Executive VP & General Counsel Ms. Tamara N. Bohlig (Age 54)Chief Marketing Officer Mr. Michael Joel Abelson C.F.A.Executive Vice President of Corporate DevelopmentMs. Esi Minta-Jacobs (Age 51)Executive Vice President of Human Resources & Program Management More ExecutivesKey CompetitorsVictory CapitalNASDAQ:VCTRPJT PartnersNYSE:PJTCI FinancialNYSE:CIXXFGrosvenor Capital ManagementNASDAQ:GCMGVirtus Investment PartnersNASDAQ:VRTSView All CompetitorsInsiders & InstitutionsDeutsche Bank AGBought 1,687 shares on 11/24/2023Ownership: 0.016%Tudor Investment Corp Et AlSold 47,433 shares on 11/16/2023Ownership: 0.011%Sei Investments Co.Bought 14,148 shares on 11/15/2023Ownership: 0.081%Legal & General Group PlcBought 3,332 shares on 11/15/2023Ownership: 0.030%The Manufacturers Life Insurance Company Bought 2,913 shares on 11/15/2023Ownership: 0.018%View All Insider TransactionsView All Institutional Transactions AMK Stock Analysis - Frequently Asked Questions Should I buy or sell AssetMark Financial stock right now? 4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for AssetMark Financial in the last year. There are currently 1 hold rating, 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. What is AssetMark Financial's stock price target for 2024? 4 Wall Street analysts have issued twelve-month target prices for AssetMark Financial's shares. Their AMK share price targets range from $25.00 to $36.00. On average, they anticipate the company's share price to reach $30.60 in the next twelve months. This suggests a possible upside of 19.3% from the stock's current price. View analysts price targets for AMK or view top-rated stocks among Wall Street analysts. How have AMK shares performed in 2023? AssetMark Financial's stock was trading at $23.00 at the beginning of the year. Since then, AMK stock has increased by 11.5% and is now trading at $25.64. View the best growth stocks for 2023 here. Are investors shorting AssetMark Financial? AssetMark Financial saw a increase in short interest during the month of November. As of November 15th, there was short interest totaling 285,100 shares, an increase of 25.4% from the October 31st total of 227,300 shares. Based on an average daily volume of 107,000 shares, the short-interest ratio is presently 2.7 days. Currently, 1.3% of the company's stock are short sold. 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, February 28th 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 Monday, November, 6th. The company reported $0.54 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.55 by $0.01. The company had revenue of $190.52 million for the quarter, compared to the consensus estimate of $189.73 million. AssetMark Financial had a net margin of 15.97% and a trailing twelve-month return on equity of 12.27%. What ETFs hold AssetMark Financial's stock? 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). 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? (AMK) raised $250 million in an initial public offering 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) 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 a variety of retail and institutional investors. Top institutional shareholders include JPMorgan Chase & Co. (4.05%), Jennison Associates LLC (2.32%), Adage Capital Partners GP L.L.C. (1.06%), Blair William & Co. IL (0.37%), Seneca House Advisors (0.33%) and Northern Trust Corp (0.29%). 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. This page (NYSE:AMK) was last updated on 12/1/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding AssetMark Financial Holdings, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.