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New CBOE “special perk” helps traders target income every weekend (Ad)
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S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
Freshworks gets juiced on its AI customer engagement platform
New CBOE “special perk” helps traders target income every weekend (Ad)
3 tech outperformers adored by analysts
High short interest stocks: this popular trend is re-emerging
New CBOE “special perk” helps traders target income every weekend (Ad)
Boeing glides past series of setbacks on new flight path
The Dodgers gave Shohei Ohtani $700 million to hit and pitch — but also because he can sell
New CBOE “special perk” helps traders target income every weekend (Ad)
Biden goes into 2024 with the economy getting stronger, but voters feel horrible about it
Stock market today: World shares mostly higher after Wall Street hits 2023 peak
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
Freshworks gets juiced on its AI customer engagement platform
New CBOE “special perk” helps traders target income every weekend (Ad)
3 tech outperformers adored by analysts
High short interest stocks: this popular trend is re-emerging
New CBOE “special perk” helps traders target income every weekend (Ad)
Boeing glides past series of setbacks on new flight path
The Dodgers gave Shohei Ohtani $700 million to hit and pitch — but also because he can sell
New CBOE “special perk” helps traders target income every weekend (Ad)
Biden goes into 2024 with the economy getting stronger, but voters feel horrible about it
Stock market today: World shares mostly higher after Wall Street hits 2023 peak
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
Freshworks gets juiced on its AI customer engagement platform
New CBOE “special perk” helps traders target income every weekend (Ad)
3 tech outperformers adored by analysts
High short interest stocks: this popular trend is re-emerging
New CBOE “special perk” helps traders target income every weekend (Ad)
Boeing glides past series of setbacks on new flight path
The Dodgers gave Shohei Ohtani $700 million to hit and pitch — but also because he can sell
New CBOE “special perk” helps traders target income every weekend (Ad)
Biden goes into 2024 with the economy getting stronger, but voters feel horrible about it
Stock market today: World shares mostly higher after Wall Street hits 2023 peak

AssetMark Financial (AMK) Stock Price, News & Analysis

$26.79
+0.31 (+1.17%)
(As of 12/8/2023 08:56 PM ET)
Compare
Today's Range
$26.42
$26.86
50-Day Range
$23.18
$26.79
52-Week Range
$22.58
$33.00
Volume
78,700 shs
Average Volume
121,153 shs
Market Capitalization
$1.99 billion
P/E Ratio
17.51
Dividend Yield
N/A
Price Target
$30.60

AssetMark Financial MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
14.2% Upside
$30.60 Price Target
Short Interest
Healthy
1.32% of Float Sold Short
Dividend Strength
N/A
Sustainability
-0.18
Upright™ Environmental Score
News Sentiment
0.45mentions of AssetMark Financial in the last 14 days
Based on 3 Articles This Week
Insider Trading
Selling Shares
$301,070 Sold Last Quarter
Proj. Earnings Growth
5.24%
From $2.10 to $2.21 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.13 out of 5 stars

Financial Services Sector

25th out of 61 stocks

Asset Management Industry

5th out of 12 stocks


AMK stock logo

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.

AMK Stock Price History

AMK Stock News Headlines

Trading Experts Call It “The Perfect Tesla Trade”
Thanks to a new discovery linked to shares of Tesla, regular folks can now target gains of 100% or more in six days or less. New research shows it’s happened 23 different times this year. The next trade is scheduled for this Thursday.
Q3 2023 AssetMark Financial Holdings Inc Earnings Call
Trading Experts Call It “The Perfect Tesla Trade”
Thanks to a new discovery linked to shares of Tesla, regular folks can now target gains of 100% or more in six days or less. New research shows it’s happened 23 different times this year. The next trade is scheduled for this Thursday.
A Preview Of AssetMark Financial Hldgs's Earnings
AssetMark names Michael Kim as CEO
AssetMark Names Michael Kim Chief Executive Officer
See More Headlines
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Company Calendar

Last Earnings
11/06/2023
Today
12/10/2023
Fiscal Year End
12/31/2023
Next Earnings (Estimated)
2/28/2024

Industry, Sector and Symbol

Industry
Investment advice
Sub-Industry
N/A
Sector
Finance
Fax
N/A
Employees
1,000
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$30.60
High Stock Price Target
$36.00
Low Stock Price Target
$25.00
Potential Upside/Downside
+14.2%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
4 Analysts

Profitability

Net Income
$103.26 million
Pretax Margin
22.15%

Debt

Sales & Book Value

Annual Sales
$714.45 million
Cash Flow
$2.07 per share
Book Value
$15.25 per share

Miscellaneous

Free Float
72,557,000
Market Cap
$1.99 billion
Optionable
Not Optionable
Beta
1.06
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Key Executives















AMK Stock Analysis - Frequently Asked Questions

Should I buy or sell AssetMark Financial stock right now?

4 Wall Street equities 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 equities 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 12 month price objectives for AssetMark Financial's shares. Their AMK share price targets range from $25.00 to $36.00. On average, they predict the company's share price to reach $30.60 in the next year. This suggests a possible upside of 14.2% 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 on January 1st, 2023. Since then, AMK stock has increased by 16.5% and is now trading at $26.79.
View the best growth stocks for 2023 here
.

Are investors shorting AssetMark Financial?

AssetMark Financial saw a increase in short interest in 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 trading volume, of 107,000 shares, the short-interest ratio is currently 2.7 days. Currently, 1.3% of the company's shares 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, February 28th 2024.
View our AMK earnings forecast
.

How were AssetMark Financial's earnings last quarter?

AssetMark Financial Holdings, Inc. (NYSE:AMK) issued its quarterly 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 business earned $190.52 million during the quarter, compared to analysts' expectations of $189.73 million. AssetMark Financial had a trailing twelve-month return on equity of 12.27% and a net margin of 15.97%.

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 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) 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 investors 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 12/11/2023 by MarketBeat.com Staff

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