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S&P 500   4,567.80
DOW   35,950.89
QQQ   388.83
The top-rated strong-buy stocks on Marketbeat’s radar
The Only Practical Solution to the World’s Looming Energy Crisis (Ad)
Marketbeat’s AI-powered tools for investors
Are blue chip stocks a good investment?
The Only Practical Solution to the World’s Looming Energy Crisis (Ad)
As Dollar Tree Goes, So Goes the Consumer?
Power Play: GE's game-changing technology for EVs and grids
The Only Practical Solution to the World’s Looming Energy Crisis (Ad)
Is Beyond an overlooked e-commerce winner?
Inflation in Europe falls to 2.4% as interest rates pack a punch. But the economy has stalled
S&P 500   4,567.80
DOW   35,950.89
QQQ   388.83
The top-rated strong-buy stocks on Marketbeat’s radar
The Only Practical Solution to the World’s Looming Energy Crisis (Ad)
Marketbeat’s AI-powered tools for investors
Are blue chip stocks a good investment?
The Only Practical Solution to the World’s Looming Energy Crisis (Ad)
As Dollar Tree Goes, So Goes the Consumer?
Power Play: GE's game-changing technology for EVs and grids
The Only Practical Solution to the World’s Looming Energy Crisis (Ad)
Is Beyond an overlooked e-commerce winner?
Inflation in Europe falls to 2.4% as interest rates pack a punch. But the economy has stalled
S&P 500   4,567.80
DOW   35,950.89
QQQ   388.83
The top-rated strong-buy stocks on Marketbeat’s radar
The Only Practical Solution to the World’s Looming Energy Crisis (Ad)
Marketbeat’s AI-powered tools for investors
Are blue chip stocks a good investment?
The Only Practical Solution to the World’s Looming Energy Crisis (Ad)
As Dollar Tree Goes, So Goes the Consumer?
Power Play: GE's game-changing technology for EVs and grids
The Only Practical Solution to the World’s Looming Energy Crisis (Ad)
Is Beyond an overlooked e-commerce winner?
Inflation in Europe falls to 2.4% as interest rates pack a punch. But the economy has stalled

AssetMark Financial Stock Price, News & Analysis (NYSE:AMK)

$25.64
-0.02 (-0.08%)
(As of 11/30/2023 ET)
Compare
Today's Range
$25.40
$25.96
50-Day Range
$23.18
$26.08
52-Week Range
$22.58
$33.00
Volume
99,612 shs
Average Volume
121,994 shs
Market Capitalization
$1.90 billion
P/E Ratio
16.76
Dividend Yield
N/A
Price Target
$30.60

AssetMark Financial MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
19.3% 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
N/A
Insider Trading
N/A
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.

1.91 out of 5 stars

Finance Sector

648th out of 860 stocks

Investment Advice Industry

37th out of 47 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

The Only Practical Solution to the World’s Looming Energy Crisis
There’s just one problem: There are more plans for new uses of nuclear than there is uranium to fuel the plants!
Q3 2023 AssetMark Financial Holdings Inc Earnings Call
Why Microsoft Just Placed A Huge Bet On Nuclear
Even with aggressive expansion and acquisition of solar and wind farms, renewable energy isn’t anywhere close to providing the energy that Microsoft demands.
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
11/30/2023
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
+19.3%
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
$618.31 million
Cash Flow
$2.03 per share
Book Value
$16.52 per share

Miscellaneous

Free Float
72,557,000
Market Cap
$1.90 billion
Optionable
Not Optionable
Beta
1.07
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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 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

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