NYSE:AMK AssetMark Financial (AMK) Stock Price, News & Analysis $35.24 0.00 (0.00%) (As of 09/5/2024 ET) Add Compare Share Share Today's Range$35.24▼$35.2450-Day Range$34.32▼$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 Sentiment1.01Based on 6 Articles This WeekInsider TradingSelling Shares$1.35 M Sold Last QuarterProj. 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.3.30 out of 5 starsFinance Sector383rd out of 871 stocksInvestment Advice Industry28th out of 51 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 2.8 News and Social Media Coverage News SentimentAssetMark Financial has a news sentiment score of 1.01. 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 0.70 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 6 news articles for AssetMark Financial this week, compared to 2 articles on an average week.Search InterestOnly 2 people have searched for AMK on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 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 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 127.80.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 31.96.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 Weiss RatingsWhat is Nvidia’s New $1 Trillion SuperProject?Taiwan Semiconductor, a partner of Nvidia’s for more than two decades, has seen its shares explode as much as 4,744%. Now, if you’re like everybody else, you want to know what Nvidia’s doing next … and who they’re going to partner with …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 HeadlinesSeptember 5 at 6:45 AM | 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)September 7, 2024 | Weiss Ratings (Ad)What is Nvidia’s New $1 Trillion SuperProject?Taiwan Semiconductor, a partner of Nvidia’s for more than two decades, has seen its shares explode as much as 4,744%. Now, if you’re like everybody else, you want to know what Nvidia’s doing next … and who they’re going to partner with …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 ReportAugust 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 2024September 7, 2024 | Weiss Ratings (Ad)What is Nvidia’s New $1 Trillion SuperProject?Taiwan Semiconductor, a partner of Nvidia’s for more than two decades, has seen its shares explode as much as 4,744%. Now, if you’re like everybody else, you want to know what Nvidia’s doing next … and who they’re going to partner with …July 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 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 FirmSee 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 Earnings7/18/2024Today9/07/2024Next 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 Beginner's Guide to Pot Stock InvestingClick the link below and we'll send you MarketBeat's guide to pot stock investing and which pot companies show the most promise. 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 CompetitorsHoulihan LokeyNYSE:HLIAmericold Realty TrustNYSE:COLDBrixmor Property GroupNYSE:BRXFutuNASDAQ:FUTUHamilton LaneNASDAQ:HLNEView 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 at the start of the year. 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) issued its quarterly earnings data on Thursday, July, 18th. The company reported $0.60 EPS for the quarter, missing analysts' consensus estimates of $0.61 by $0.01. The firm had revenue of $198.49 million for the quarter, compared to the consensus estimate of $193.28 million. AssetMark Financial had a net margin of 19.43% and a trailing twelve-month return on equity of 13.08%. 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 IPO 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. Who are AssetMark Financial's major shareholders? Top institutional shareholders 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, 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 9/7/2024 by MarketBeat.com Staff From Our PartnersPerfect Crypto Buying Opportunity for 50 CentsWhen cryptos take a hit, the mom and pop investors run for the hills. 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