AssetMark Financial (AMK) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: $35.24 to $35.24
• 50-Day Range: $34.60 to $35.27
• 52-Week Range: $22.92 to $37.54
• Volume: N/A
• Average Volume: 394,549 shs
• Market Capitalization: $2.62 billion
• P/E Ratio: 18.45
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

AMK Stock Analysis - Frequently Asked Questions

How were AssetMark Financial's earnings last quarter?

AssetMark Financial Holdings, Inc. (NYSE:AMK) issued its quarterly earnings data on Wednesday, May, 1st. The company reported $0.60 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.60. The business's revenue was up 11.7% on a year-over-year basis.

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 a price of $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.

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 NVIDIA (NVDA), Broadcom (AVGO), Meta Platforms (META), Adobe (ADBE), Arista Networks (ANET), ServiceNow (NOW) and Jabil (JBL).

Company Calendar

• Last Earnings: 5/01/2024
• Today: 5/02/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: Investment advice
• Sub-Industry: Trading
• Current Symbol: NYSE:AMK
• CIK: 1591587
• Web: www.assetmark.com
• Phone: (925) 521-2200
• Fax: N/A
• Employees: 870
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): $1.91
• Trailing P/E Ratio: 18.45
• Forward P/E Ratio: 14.33
• P/E Growth: N/A
• Net Income: $123.12 million
• Net Margins: 19.43%
• Pretax Margin: 26.28%
• Return on Equity: 13.08%
• Return on Assets: 10.36%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 3.27
• Quick Ratio: 3.27

Sales & Book Value

• Annual Sales: $751.44 million
• Price / Sales: 3.49
• Cash Flow: $2.60 per share
• Price / Cash Flow: 13.54
• Book Value: $17.98 per share
• Price / Book: 1.96

Miscellaneous

• Outstanding Shares: 74,400,000
• Free Float: 72,912,000
• Market Cap: $2.62 billion
• Optionable: Optionable
• Beta: 1.10