Positive News SentimentPositive NewsNYSE:AMK AssetMark Financial (AMK) Stock Forecast, Price & News $28.51 -0.01 (-0.04%) (As of 05/26/2023 ET) Add Compare Share Share Today's Range$28.20▼$28.7350-Day Range$26.31▼$32.9352-Week Range$16.88▼$33.00Volume155,964 shsAverage Volume114,188 shsMarket Capitalization$2.11 billionP/E Ratio21.44Dividend YieldN/APrice Target$32.33 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaSustainability AssetMark Financial MarketRank™ ForecastAnalyst RatingBuy3.25 Rating ScoreUpside/Downside13.4% Upside$32.33 Price TargetShort InterestHealthy1.51% of Float Sold ShortDividend StrengthN/ASustainability-0.18Upright™ Environmental ScoreNews SentimentN/AInsider TradingSelling Shares$398,856 Sold Last QuarterProj. Earnings Growth8.17%From $2.08 to $2.25 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.2.52 out of 5 starsFinance Sector445th out of 911 stocksInvestment Advice Industry25th out of 51 stocks 2.6 Analyst's Opinion Consensus RatingAssetMark Financial has received a consensus rating of Buy. The company's average rating score is 3.25, and is based on 3 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $32.33, AssetMark Financial has a forecasted upside of 13.4% from its current price of $28.51.Amount of Analyst CoverageAssetMark Financial has only been the subject of 1 research reports in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted1.51% 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 2.3, 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 4.42%, indicating that investor sentiment is improving. 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 3.2 News and Social Media Coverage News SentimentAssetMark Financial has a news sentiment score of 1.72. 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 higher news sentiment than the 0.66 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.Search Interest1 people have searched for AMK on MarketBeat in the last 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, AssetMark Financial insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $398,856.00 in company stock.Percentage Held by InsidersOnly 2.30% of the stock of AssetMark Financial is held by insiders.Percentage Held by InstitutionsOnly 26.81% of the stock of AssetMark Financial is held by institutions. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for AssetMark Financial are expected to grow by 8.17% in the coming year, from $2.08 to $2.25 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of AssetMark Financial is 21.44, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 121.34.Price to Earnings Ratio vs. SectorThe P/E ratio of AssetMark Financial is 21.44, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 154.46.Price to Book Value per Share RatioAssetMark Financial has a P/B Ratio of 1.84. 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 (NYSE:AMK) StockAssetMark Financial Holdings, Inc. provides wealth management and technology solutions. The company was founded by Ronald Dennis Cordes, Brian O'Toole and Richard Steiny in 1996 and is headquartered in Concord, CA.Read More 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 AMK Stock News HeadlinesMay 25, 2023 | finance.yahoo.comAssetMark to Attend the 43rd Annual William Blair Growth Stock ConferenceMay 20, 2023 | americanbankingnews.comTed F. Angus Sells 5,637 Shares of AssetMark Financial Holdings, Inc. (NYSE:AMK) StockMay 28, 2023 | Behind the Markets (Ad)NOTICE: Your retirement is in immediate dangerSoon you may be forced to spend your afternoons packing grocery bags at Walmart instead of going to the park with your grandchildren. Why? Because not only could your money be worth even less than it already is now, but certain stocks and cryptocurrencies could drop by 80%. Even your social security check could be worth 21% less! Learn how to protect your retirement here >>>May 12, 2023 | americanbankingnews.comGary G. Zyla Sells 8,958 Shares of AssetMark Financial Holdings, Inc. (NYSE:AMK) StockMay 11, 2023 | benzinga.comMassive Insider Trade At AssetMark Financial HldgsMay 11, 2023 | finance.yahoo.comAssetMark Launches First Trust Investment Strategies for Financial AdvisorsMay 8, 2023 | finance.yahoo.comAssetMark Announces 2023 Practice Excellence Award RecipientsMay 5, 2023 | seekingalpha.comAssetMark Financial Non-GAAP EPS of $0.53, revenue of $177MMay 28, 2023 | Behind the Markets (Ad)NOTICE: Your retirement is in immediate dangerSoon you may be forced to spend your afternoons packing grocery bags at Walmart instead of going to the park with your grandchildren. Why? Because not only could your money be worth even less than it already is now, but certain stocks and cryptocurrencies could drop by 80%. Even your social security check could be worth 21% less! Learn how to protect your retirement here >>>May 5, 2023 | msn.comCredit Suisse Maintains Assetmark Financial Holdings (AMK) Outperform RecommendationMay 4, 2023 | seekingalpha.comAssetMark Financial Holdings, Inc. 2023 Q1 - Results - Earnings Call PresentationMay 4, 2023 | finance.yahoo.comQ1 2023 AssetMark Financial Holdings Inc Earnings CallMay 4, 2023 | finanznachrichten.deAssetMark, Inc.: AssetMark Reports $96.2B Platform Assets for First Quarter 2023May 3, 2023 | finance.yahoo.comAssetMark Financial (AMK) Misses Q1 Earnings and Revenue EstimatesMay 3, 2023 | finance.yahoo.comHere's What Key Metrics Tell Us About AssetMark Financial (AMK) Q1 EarningsMay 3, 2023 | finance.yahoo.comAssetMark Reports $96.2B Platform Assets for First Quarter 2023May 2, 2023 | finance.yahoo.comAssetMark Releases Second Annual Environmental, Social and Governance (ESG) Report for 2022April 27, 2023 | finance.yahoo.comAssetMark's Carrie Hansen Named COO of the Year at the OnCon Icon AwardsApril 26, 2023 | americanbankingnews.comAssetMark Financial (AMK) Scheduled to Post Earnings on WednesdayApril 26, 2023 | americanbankingnews.comQ1 2023 EPS Estimates for AssetMark Financial Holdings, Inc. Reduced by Analyst (NYSE:AMK)April 25, 2023 | finance.yahoo.comBuy These 5 Low Leverage Stocks Ahead of Big Earnings ReleasesApril 24, 2023 | finance.yahoo.comWhy AssetMark Financial (AMK) is Poised to Beat Earnings Estimates AgainApril 20, 2023 | finance.yahoo.comAssetMark to Announce First Quarter 2023 Results on May 3, 2023April 20, 2023 | finance.yahoo.comAssetMark Financial (AMK) to Report Q1 Results: Wall Street Expects Earnings GrowthApril 20, 2023 | finance.yahoo.comAssetMark Financial (AMK) Is Up 4.32% in One Week: What You Should KnowApril 20, 2023 | nasdaq.comAssetMark Financial Holdings Reaches Analyst Target PriceApril 13, 2023 | americanbankingnews.comRaymond James Increases AssetMark Financial (NYSE:AMK) Price Target to $37.00See More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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 AMK Company Calendar Last Earnings11/09/2021Today5/28/2023Next Earnings (Estimated)8/02/2023Fiscal Year End12/31/2023Get 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/AEmployees874Year FoundedN/APrice Target and Rating Average Stock Price Forecast$32.33 High Stock Price Forecast$37.00 Low Stock Price Forecast$28.00 Forecasted Upside/Downside+13.4%Consensus RatingBuy Rating Score (0-4)3.25 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$1.33 Trailing P/E Ratio21.44 Forward P/E Ratio13.71 P/E GrowthN/ANet Income$103.26 million Net Margins15.20% Pretax Margin20.31% Return on Equity11.56% Return on Assets8.67% Debt Debt-to-Equity Ratio0.08 Current Ratio2.54 Quick Ratio2.54 Sales & Book Value Annual Sales$618.31 million Price / Sales3.41 Cash Flow$2.04 per share Price / Cash Flow13.96 Book Value$15.52 per share Price / Book1.84Miscellaneous Outstanding Shares73,920,000Free Float72,224,000Market Cap$2.11 billion OptionableNot Optionable Beta1.03 Key ExecutivesNatalie Grace WolfsenChief Executive Officer & DirectorMichael KimPresident & Chief Client OfficerCarrie E. HansenChief Operating Officer & Executive Vice PresidentGary ZylaEVP, Chief Financial & Accounting OfficerMukesh MehtaChief Information Officer & Executive VPKey CompetitorsVictory CapitalNASDAQ:VCTRStepStone GroupNASDAQ:STEPCI FinancialNYSE:CIXXFPJT PartnersNYSE:PJTArtisan Partners Asset ManagementNYSE:APAMView All CompetitorsInsiders & InstitutionsJPMorgan Chase & Co.Sold 249,023 shares on 5/18/2023Ownership: 3.751%New York State Common Retirement FundSold 3,200 shares on 5/18/2023Ownership: 0.019%Ted F AngusSold 5,637 sharesTotal: $158,512.44 ($28.12/share)Advisory Services Network LLCBought 869 shares on 5/17/2023Ownership: 0.001%First Trust Advisors LPBought 19,083 shares on 5/16/2023Ownership: 0.163%View All Insider TransactionsView All Institutional Transactions AMK Stock - 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 3 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 forecast for 2023? 4 Wall Street analysts have issued 1 year price targets for AssetMark Financial's shares. Their AMK share price forecasts range from $28.00 to $37.00. On average, they anticipate the company's share price to reach $32.33 in the next twelve months. This suggests a possible upside of 13.4% 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 shares have increased by 24.0% and is now trading at $28.51. View the best growth stocks for 2023 here. When is AssetMark Financial's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 2nd 2023. View our AMK earnings forecast. How were AssetMark Financial's earnings last quarter? AssetMark Financial Holdings, Inc. (NYSE:AMK) announced its earnings results on Tuesday, November, 9th. The company reported $0.40 earnings per share for the quarter, beating the consensus estimate of $0.38 by $0.02. The firm earned $139.67 million during the quarter, compared to analyst estimates of $137.66 million. AssetMark Financial had a trailing twelve-month return on equity of 11.56% and a net margin of 15.20%. During the same period in the prior year, the firm posted $0.11 EPS. 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), Invesco Raymond James SB-1 Equity ETF (RYJ), Timothy Plan US Small Cap Core ETF (TPSC), VictoryShares US Discovery Enhanced Volatility Wtd ETF (CSF), SPDR S&P Capital Markets ETF (KCE), First Trust Small Cap Value AlphaDEX Fund (FYT), IQ Chaikin U.S. Small Cap ETF (CSML) and First Trust Small Cap Core AlphaDEX Fund (FYX). 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 a price of $19.00-$21.00 per share. J.P. Morgan, Goldman Sachs, Credit Suisse and Huatai Securities (USA) acted as the underwriters for the IPO and BMO Capital Markets, Raymond James and William Blair were co-managers. What is AssetMark Financial's stock symbol? AssetMark Financial trades on the New York Stock Exchange (NYSE) under the ticker symbol "AMK." Who are AssetMark Financial's major shareholders? AssetMark Financial's stock is owned by a number of institutional and retail investors. Top institutional shareholders include JPMorgan Chase & Co. (3.75%), BlackRock Inc. (2.49%), Jennison Associates LLC (1.29%), Cerity Partners LLC (0.89%), Dimensional Fund Advisors LP (0.79%) and State Street Corp (0.63%). Insiders that own company stock include Carrie E Hansen, Charles G Goldman, Esi Minta-Jacobs, 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. What is AssetMark Financial's stock price today? One share of AMK stock can currently be purchased for approximately $28.51. How much money does AssetMark Financial make? AssetMark Financial (NYSE:AMK) has a market capitalization of $2.11 billion and generates $618.31 million in revenue each year. The company earns $103.26 million in net income (profit) each year or $1.33 on an earnings per share basis. How many employees does AssetMark Financial have? The company employs 874 workers across the globe. How can I contact AssetMark Financial? AssetMark Financial's mailing address is 1655 GRANT STREET 10TH FLOOR, CONCORD CA, 94520. The official website for the company is www.assetmark.com. The company can be reached via phone at (925) 521-2200 or via email at http://ir.assetmark.com. This page (NYSE:AMK) was last updated on 5/28/2023 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. 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