FY2025 Earnings Estimate for AMRK Issued By Northland Capmk

A-Mark Precious Metals, Inc. (NASDAQ:AMRK - Free Report) - Northland Capmk dropped their FY2025 EPS estimates for A-Mark Precious Metals in a report released on Thursday, November 7th. Northland Capmk analyst G. Gibas now forecasts that the company will post earnings of $3.54 per share for the year, down from their previous forecast of $4.29. The consensus estimate for A-Mark Precious Metals' current full-year earnings is $4.29 per share.

Other analysts have also recently issued reports about the stock. DA Davidson dropped their price target on shares of A-Mark Precious Metals from $52.00 to $43.00 and set a "buy" rating on the stock in a research note on Thursday. StockNews.com raised shares of A-Mark Precious Metals from a "sell" rating to a "hold" rating in a report on Tuesday, November 5th. Four research analysts have rated the stock with a hold rating and two have given a buy rating to the company's stock. According to MarketBeat, the company has an average rating of "Hold" and a consensus target price of $46.33.

A-Mark Precious Metals Stock Performance

AMRK traded down $0.27 during midday trading on Monday, reaching $31.31. The company had a trading volume of 610,642 shares, compared to its average volume of 358,304. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.39 and a current ratio of 1.63. The stock has a market cap of $725.45 million, a PE ratio of 13.28 and a beta of -0.01. A-Mark Precious Metals has a 12-month low of $24.22 and a 12-month high of $47.39. The business has a 50-day moving average price of $41.65 and a two-hundred day moving average price of $38.22.

A-Mark Precious Metals (NASDAQ:AMRK - Get Free Report) last issued its quarterly earnings data on Thursday, August 29th. The company reported $0.85 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.44 by ($0.59). A-Mark Precious Metals had a return on equity of 11.16% and a net margin of 0.57%. The firm had revenue of $2.52 billion during the quarter, compared to the consensus estimate of $2.64 billion.

Institutional Trading of A-Mark Precious Metals

A number of large investors have recently made changes to their positions in the stock. Quarry LP lifted its holdings in shares of A-Mark Precious Metals by 94.1% in the second quarter. Quarry LP now owns 1,112 shares of the company's stock worth $36,000 after buying an additional 539 shares in the last quarter. nVerses Capital LLC bought a new position in A-Mark Precious Metals during the second quarter valued at $45,000. Strategic Investment Solutions Inc. IL bought a new position in A-Mark Precious Metals during the third quarter valued at $88,000. Victory Capital Management Inc. bought a new position in A-Mark Precious Metals during the third quarter valued at $226,000. Finally, Quantbot Technologies LP increased its position in A-Mark Precious Metals by 192.5% during the first quarter. Quantbot Technologies LP now owns 7,438 shares of the company's stock valued at $228,000 after acquiring an additional 4,895 shares during the last quarter. 75.25% of the stock is currently owned by institutional investors.

Insider Buying and Selling at A-Mark Precious Metals

In other news, CEO Gregory N. Roberts sold 22,000 shares of the firm's stock in a transaction dated Monday, September 16th. The shares were sold at an average price of $45.44, for a total value of $999,680.00. Following the completion of the sale, the chief executive officer now directly owns 28,202 shares of the company's stock, valued at approximately $1,281,498.88. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. In related news, CEO Gregory N. Roberts sold 22,000 shares of the stock in a transaction dated Monday, September 16th. The shares were sold at an average price of $45.44, for a total value of $999,680.00. Following the completion of the transaction, the chief executive officer now directly owns 28,202 shares in the company, valued at $1,281,498.88. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Gregory N. Roberts sold 7,680 shares of the stock in a transaction dated Wednesday, September 18th. The stock was sold at an average price of $44.03, for a total transaction of $338,150.40. Following the completion of the transaction, the chief executive officer now owns 28,202 shares of the company's stock, valued at approximately $1,241,734.06. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 110,316 shares of company stock valued at $4,911,036 in the last quarter. Company insiders own 48.64% of the company's stock.

A-Mark Precious Metals Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, October 22nd. Shareholders of record on Tuesday, October 8th were given a dividend of $0.20 per share. The ex-dividend date was Tuesday, October 8th. This represents a $0.80 annualized dividend and a yield of 2.56%. A-Mark Precious Metals's payout ratio is currently 34.04%.

About A-Mark Precious Metals

A-Mark Precious Metals, Inc, together with its subsidiaries, operates as a precious metals trading company. It operates through three segments: Wholesale Sales & Ancillary Services, Direct-to-Consumer, and Secured Lending. The Wholesale Sales & Ancillary Services segment sells gold, silver, platinum, and palladium in the form of bars, plates, powders, wafers, grains, ingots, and coins.