NYSE:AMK AssetMark Financial (AMK) Stock Price, News & Analysis $34.61 +0.06 (+0.17%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$34.56▼$34.6950-Day Range$33.94▼$34.7352-Week Range$22.92▼$37.54Volume421,633 shsAverage Volume373,343 shsMarket Capitalization$2.57 billionP/E Ratio18.12Dividend 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/Downside2.5% Downside$33.75 Price TargetShort InterestBearish5.02% of Float Sold ShortDividend StrengthN/ASustainability-0.18Upright™ Environmental ScoreNews SentimentN/AInsider TradingSelling Shares$1.35 M Sold Last QuarterProj. Earnings Growth6.15%From $2.44 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.2.84 out of 5 starsFinance Sector511th out of 898 stocksInvestment Advice Industry33rd out of 49 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 2.0 Short Interest Percentage of Shares Shorted5.02% 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 1.9, 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 22.02%, 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 2.5 News and Social Media Coverage News SentimentAssetMark Financial has a news sentiment score of 0.45. 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 1 news article for AssetMark Financial this week, compared to 2 articles on an average week.Search Interest2 people have searched for AMK on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.MarketBeat Follows3 people have added AssetMark Financial to their MarketBeat watchlist 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 $1,350,234.00 in 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 6.15% in the coming year, from $2.44 to $2.59 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of AssetMark Financial is 18.12, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 143.45.Price to Earnings Ratio vs. SectorThe P/E ratio of AssetMark Financial is 18.12, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 57.14.Price to Book Value per Share RatioAssetMark Financial has a P/B Ratio of 2.03. 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 Weiss RatingsNvidia’s Quiet $1 Trillion PivotNvidia recently added $277 billion in market cap … IN ONE DAY.Find out details on these three critical Nvidia partners immediately. 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 HeadlinesJuly 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 26, 2024 | American Hartford Gold Group (Ad)Prepare for a Recession Unlike Any OtherDave Ramsey Is Dangerously Wrong And Here’s Why>> Asked whether we’re on the cusp of a US Dollar crash, Dave Ramsey made a stunning miscalculation while live on air: “Am I worried about this? Absolutely not.” Frankly, I've never seen someone so confident in being wrong… Because what’s happening to the US Dollar is not something you should “keep an eye on”… But instead, is an imminent threat you should get ahead of right NOW.July 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 FirmJuly 26, 2024 | American Hartford Gold Group (Ad)Prepare for a Recession Unlike Any OtherDave Ramsey Is Dangerously Wrong And Here’s Why>> Asked whether we’re on the cusp of a US Dollar crash, Dave Ramsey made a stunning miscalculation while live on air: “Am I worried about this? Absolutely not.” Frankly, I've never seen someone so confident in being wrong… Because what’s happening to the US Dollar is not something you should “keep an eye on”… But instead, is an imminent threat you should get ahead of right NOW.June 3, 2024 | globenewswire.comAssetMark Announces 2024 Practice Excellence Award RecipientsMay 30, 2024 | prnewswire.comASSETMARK INVESTOR NOTICE: Kaskela Law LLC Announces Investigation of AssetMark Financial Holdings, Inc. (NYSE: AMK) and Encourages Investors to Contact the FirmMay 20, 2024 | prnewswire.comNOTICE OF INVESTIGATION: Kaskela Law LLC Announces Shareholder Investigation of AssetMark Financial Holdings, Inc. (NYSE: AMK) and Encourages Investors to Contact the FirmMay 17, 2024 | markets.businessinsider.comONGOING INVESTIGATION REMINDER: Scott+Scott Attorneys at Law LLP Investigates GTCR Buyout of AssetMark Financial Holdings, Inc. - AMKMay 14, 2024 | globenewswire.comApril AMK ReportMay 13, 2024 | markets.businessinsider.comINVESTIGATION ALERT: Scott+Scott Attorneys at Law LLP Investigates GTCR Buyout of AssetMark Financial Holdings, Inc. - AMKMay 2, 2024 | investorplace.comAMK Stock Earnings: AssetMark Financial Hldgs Misses EPS, Beats Revenue for Q1 2024May 1, 2024 | finance.yahoo.comAssetMark Financial Holdings Inc (AMK) Q1 2024 Earnings: Aligns with EPS Projections and ...May 1, 2024 | globenewswire.comAssetMark Reports $116.9B Platform Assets for First Quarter 2024See 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 Earnings5/01/2024Today7/26/2024Next 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-2.5%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$1.91 Trailing P/E Ratio18.13 Forward P/E Ratio14.19 P/E GrowthN/ANet Income$123.12 million Net Margins19.43% Pretax Margin26.76% Return on Equity13.28% Return on Assets10.35% Debt Debt-to-Equity Ratio0.07 Current Ratio4.65 Quick Ratio4.65 Sales & Book Value Annual Sales$708.50 million Price / Sales3.64 Cash Flow$2.60 per share Price / Cash Flow13.29 Book Value$17.07 per share Price / Book2.03Miscellaneous Outstanding Shares74,400,000Free Float72,912,000Market Cap$2.58 billion OptionableOptionable Beta1.10 20 High-Yield Dividend Stocks that Could Ruin Your RetirementAlmost everyone loves strong dividend-paying stocks, but high yields can signal danger. Discover 20 high-yield dividend stocks paying an unsustainably large percentage of their earnings. Enter your email to get this report and avoid a high-yield dividend trap.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 CompetitorsEssential Properties Realty TrustNYSE:EPRTStepStone GroupNASDAQ:STEPFreedomNASDAQ:FRHCPiper Sandler CompaniesNYSE:PIPRPhillips Edison & Company, Inc.NASDAQ:PECOView All CompetitorsInsiders & InstitutionsBank of New York Mellon CorpBought 12,971 shares on 7/26/2024Ownership: 0.170%SG Americas Securities LLCBought 79,132 shares on 7/12/2024Ownership: 0.113%Harbor Capital Advisors Inc.Sold 11,634 shares on 7/9/2024Ownership: 0.009%Michael KimSold 9,445 sharesTotal: $324,908.00 ($34.40/share)Mukesh MehtaSold 8,880 sharesTotal: $305,472.00 ($34.40/share)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 at the start of the year. Since then, AMK shares have increased by 15.6% and is now trading at $34.61. 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 Wednesday, May, 1st. The company reported $0.60 EPS for the quarter, meeting analysts' consensus estimates of $0.60. AssetMark Financial's revenue for the quarter was up 11.7% on a year-over-year basis. 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. When did AssetMark Financial IPO? AssetMark Financial (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) acted 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 top institutional investors include Bank of New York Mellon Corp (0.17%), SG Americas Securities LLC (0.11%), Harbor Capital Advisors Inc. (0.01%) and Concourse Financial Group Securities Inc.. 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, John Hahn and Jeremiah H Chafkin. 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 7/26/2024 by MarketBeat.com Staff From Our Partners625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetche...Crypto Swap Profits | Sponsored“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 sp...Unstoppable Prosperity | SponsoredThis student turned $1,300 into $45,000 in just 4 Months!With the help of S.A.M. 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