NYSE:AMK AssetMark Financial (AMK) Stock Price, News & Analysis $35.24 0.00 (0.00%) (As of 09/5/2024) Add Compare Share Share Today's Range$35.24▼$35.2450-Day Range$34.33▼$35.2752-Week Range$22.92▼$37.54VolumeN/AAverage Volume394,549 shsMarket Capitalization$2.62 billionP/E Ratio18.45Dividend YieldN/APrice Target$33.75 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Get AssetMark Financial alerts: Email Address AssetMark Financial MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside4.2% Downside$33.75 Price TargetShort InterestHealthy5.26% of Float Sold ShortDividend StrengthN/ASustainability-0.18Upright™ Environmental ScoreNews Sentiment0.57Based on 2 Articles This WeekInsider TradingN/AProj. Earnings Growth5.28%From $2.46 to $2.59 Per ShareSee Full Details Hide Full Details 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.2.95 out of 5 starsFinance Sector467th out of 875 stocksInvestment Advice Industry31st out of 50 stocks 1.3 Analyst's Opinion Consensus RatingAssetMark Financial has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on no buy ratings, 3 hold ratings, and no sell ratings.Amount of Analyst CoverageAssetMark Financial has received no research coverage in the past 90 days.Read more about AssetMark Financial's stock forecast and price target. Previous Next 4.0 Short Interest Percentage of Shares Shorted5.26% 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 2.5, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in AssetMark Financial has recently decreased by 7.20%, indicating that investor sentiment is improving 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 2.0 News and Social Media Coverage News SentimentAssetMark Financial has a news sentiment score of 0.57. 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 news sentiment score is similar to the average news sentiment of Finance companies.News Coverage This WeekMarketBeat has tracked 2 news articles for AssetMark Financial this week, compared to 2 articles on an average week.Search Interest4 people have searched for AMK on MarketBeat in the last 30 days. This is an increase of 300% compared to the previous 30 days. 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 2.00% of the stock of AssetMark Financial is held by insiders.Percentage Held by InstitutionsOnly 28.64% of the stock of AssetMark Financial is held by institutions.Read more about AssetMark Financial's insider trading history. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for AssetMark Financial are expected to grow by 5.28% in the coming year, from $2.46 to $2.59 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of AssetMark Financial is 18.45, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 119.36.Price to Earnings Ratio vs. SectorThe P/E ratio of AssetMark Financial is 18.45, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 29.55.Price to Book Value per Share RatioAssetMark Financial has a P/B Ratio of 1.96. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about AssetMark Financial's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Paradigm PressMan who Predicted Trump 2016 Win: “Prepare for Election Meltdown”Former advisor to the CIA, the Pentagon and the White House Jim Rickards went on multiple TV news programs… A predicted Trump would win. You won’t believe what he’s predicting now.Click here to see it because it’s a SHOCKER… 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.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 HeadlinesSeptember 12 at 11:30 AM | globenewswire.comAssetMark Launches Morningstar Wealth Investment Strategies for Financial AdvisorsSeptember 10, 2024 | bizjournals.comFormer State Street COO to head up asset management firmSeptember 14, 2024 | Porter & Company (Ad)Trump’s weapon lurks in abandoned AmericaUnemployment is sky-high, wages are at record lows. Addiction has overwhelmed these once thriving coal towns. Hopelessness abounds. And looking in, the future here looks bleak for these forgotten souls. But in a strange twist of fate, something miraculous is taking place…September 5, 2024 | globenewswire.comAssetMark Completes Acquisition by GTCR, Launching New Era of Strategic Growth and ExpansionAugust 18, 2024 | finance.yahoo.comMORN Sep 2024 330.000 call (MORN240920C00330000)August 15, 2024 | money.usnews.comCantor Equity Partners Inc. - Ordinary Shares - Class AAugust 15, 2024 | money.usnews.comCitius Oncology Inc.August 12, 2024 | globenewswire.comJuly AMK ReportSeptember 14, 2024 | Porter & Company (Ad)Trump’s weapon lurks in abandoned AmericaUnemployment is sky-high, wages are at record lows. Addiction has overwhelmed these once thriving coal towns. Hopelessness abounds. And looking in, the future here looks bleak for these forgotten souls. But in a strange twist of fate, something miraculous is taking place…August 12, 2024 | globenewswire.comAssetMark Enhances Advisor Offerings with Expanded Cash Solutions SuiteJuly 20, 2024 | finanznachrichten.deAssetMark, Inc.: AssetMark Reports $119.4B Platform Assets for Second Quarter 2024July 18, 2024 | globenewswire.comAssetMark Reports $119.4B Platform Assets for Second Quarter 2024July 10, 2024 | globenewswire.comJune AMK ReportJune 20, 2024 | globenewswire.comAssetMark to Enter Strategic Alliance with Morningstar Wealth, Acquire Assets from TAMP BusinessJune 10, 2024 | globenewswire.comMay AMK ReportJune 4, 2024 | globenewswire.comASSETMARK INVESTOR ALERT: Public Equity Buyout May Be Unfair To Shareholders; Block & Leviton Urges Shareholders To Contact The Firm To Understand Their RightsJune 4, 2024 | globenewswire.comMERGER INVESTIGATION ALERT: Kaskela Law LLC Announces Investigation of AssetMark Financial Holdings, Inc. (NYSE: AMK) Buyout and Encourages Investors to Contact the FirmJune 3, 2024 | globenewswire.comAssetMark Announces 2024 Practice Excellence Award RecipientsSee 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 Earnings7/18/2024Today9/14/2024Next Earnings (Estimated)11/04/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorFinance Industry Investment advice Sub-IndustryTrading Current SymbolNYSE:AMK CUSIPN/A CIK1591587 Webwww.assetmark.com Phone(925) 521-2200FaxN/AEmployees870Year FoundedN/APrice Target and Rating Average Stock Price Target$33.75 High Stock Price Target$41.00 Low Stock Price Target$25.00 Potential Upside/Downside-4.2%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$1.91 Trailing P/E Ratio18.45 Forward P/E Ratio14.33 P/E GrowthN/ANet Income$123.12 million Net Margins19.43% Pretax Margin26.28% Return on Equity13.08% Return on Assets10.36% Debt Debt-to-Equity RatioN/A Current Ratio3.27 Quick Ratio3.27 Sales & Book Value Annual Sales$751.44 million Price / Sales3.49 Cash Flow$2.60 per share Price / Cash Flow13.54 Book Value$17.98 per share Price / Book1.96Miscellaneous Outstanding Shares74,400,000Free Float72,912,000Market Cap$2.62 billion OptionableOptionable Beta1.10 20 Stocks to Sell NowMarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio? Find out by clicking the link below.Get This Free Report Key ExecutivesMr. H. Michael Kim (Age 54)President, CEO & Director Comp: $1.24MMr. Gary G. Zyla (Age 51)Executive VP, Principal Accounting Officer & CFO Comp: $966.75kMs. Carrie Ellen Hansen CPA (Age 54)Executive VP, COO & President Mutual Funds Mr. Christian L. Chan C.F.A.Chief Investment OfficerMr. Mukesh Kantilal Mehta (Age 57)Executive VP & Chief Information Officer Mr. Taylor John Hamilton C.F.A.Head of Investor RelationsMr. Ted Fyke Angus J.D. (Age 52)Executive VP & General Counsel Mr. Michael Joel Abelson C.F.A.Executive Vice President of Corporate DevelopmentMs. Esi Minta-Jacobs (Age 51)Executive Vice President of Human Resources & Digital Product Solutions John HahnSenior VP of Finance & ReportingMore ExecutivesKey CompetitorsBrixmor Property GroupNYSE:BRXHamilton LaneNASDAQ:HLNEAmericold Realty TrustNYSE:COLDFutuNASDAQ:FUTUFreedomNASDAQ:FRHCView All CompetitorsInsiders & InstitutionsAlgert Global LLCSold 62,046 shares on 8/16/2024Ownership: 0.053%Water Island Capital LLCBought 21,880 shares on 8/16/2024Ownership: 0.029%Mcmorgan & Co. LLCBought 3,985 shares on 8/15/2024Ownership: 0.187%Dark Forest Capital Management LPBought 1,193 shares on 8/15/2024Ownership: 0.025%The Manufacturers Life Insurance Company Bought 371 shares on 8/15/2024Ownership: 0.020%View All Insider TransactionsView All Institutional Transactions AMK Stock Analysis - Frequently Asked Questions How have AMK shares performed this year? AssetMark Financial's stock was trading at $29.95 on January 1st, 2024. Since then, AMK shares have increased by 17.7% and is now trading at $35.24. View the best growth stocks for 2024 here. How were AssetMark Financial's earnings last quarter? AssetMark Financial Holdings, Inc. (NYSE:AMK) announced its earnings results on Thursday, July, 18th. The company reported $0.60 EPS for the quarter, missing analysts' consensus estimates of $0.61 by $0.01. The company earned $198.49 million during the quarter, compared to the consensus estimate of $193.28 million. AssetMark Financial had a trailing twelve-month return on equity of 13.08% and a net margin of 19.43%. When did AssetMark Financial IPO? AssetMark Financial (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) 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? Top institutional investors of AssetMark Financial include Glazer Capital LLC (2.34%), Dimensional Fund Advisors LP (1.53%), Millennium Management LLC (0.80%) and Picton Mahoney Asset Management (0.51%). Insiders that own company stock include Natalie Grace Wolfsen, Michael Kim, Mukesh Mehta, Carrie E Hansen, Ted F Angus, Gary G Zyla, Esi Minta-Jacobs, Joel David Mcnatt Jr and John Hahn. 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. What other stocks do shareholders of AssetMark Financial own? Based on aggregate information from My MarketBeat watchlists, some other companies that AssetMark Financial investors own include AbbVie (ABBV), Verizon Communications (VZ), Advanced Micro Devices (AMD), Alibaba Group (BABA), Chewy (CHWY), Dominion Energy (D) and DocuSign (DOCU). This page (NYSE:AMK) was last updated on 9/14/2024 by MarketBeat.com Staff From Our PartnersTim Sykes’ Urgent Trade Alert: “Make this move now”WARNING: 80 Wall Street banks are gearing up for MASSIVE D.C. shock This $2 trillion D.C. shock is NOT abou...Timothy Sykes | SponsoredThe death of Nvidia?Today, I’m warning of another looming catastrophe. Only this time, it’s not in pot stocks, cryptos, or U.S....Porter & Company | Sponsored44-year Wall Street Vet: “Permanent devastation is coming to America”After 44 years on Wall Street, I've seen it all... Black Monday, the Great Recession, the Covid crash. 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