NYSE:AMK AssetMark Financial (AMK) Stock Price, News & Analysis → Charles Payne’s Gift to Stock Investors (From Unstoppable Prosperity) (Ad) Free AMK Stock Alerts $33.79 -0.14 (-0.41%) (As of 04/29/2024 ET) Add Compare Share Share Today's Range$33.76▼$34.0450-Day Range$32.57▼$37.0352-Week Range$22.92▼$37.54Volume1.10 million shsAverage Volume594,019 shsMarket Capitalization$2.51 billionP/E Ratio20.60Dividend YieldN/APrice Target$33.75 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Get AssetMark Financial alerts: Email Address AssetMark Financial MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside0.1% Downside$33.75 Price TargetShort InterestHealthy0.80% of Float Sold ShortDividend StrengthN/ASustainability-0.18Upright™ Environmental ScoreNews Sentiment0.07Based on 16 Articles This WeekInsider TradingN/AProj. Earnings Growth7.32%From $2.46 to $2.64 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.3.64 out of 5 starsFinance Sector401st out of 845 stocksInvestment Advice Industry24th out of 45 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 only been the subject of 3 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted0.80% 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 0.8, 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 24.68%, 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 2.3 News and Social Media Coverage News SentimentAssetMark Financial has a news sentiment score of 0.07. 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 lower news sentiment than the 0.47 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 16 news articles for AssetMark Financial this week, compared to 2 articles on an average week.Search Interest10 people have searched for AMK on MarketBeat in the last 30 days. This is an increase of 400% compared to the previous 30 days.MarketBeat FollowsOnly 6 people have added AssetMark Financial to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, AssetMark Financial insiders have not sold or bought any 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. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for AssetMark Financial are expected to grow by 7.32% in the coming year, from $2.46 to $2.64 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of AssetMark Financial is 20.60, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 144.15.Price to Earnings Ratio vs. SectorThe P/E ratio of AssetMark Financial is 20.60, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 59.07.Price to Book Value per Share RatioAssetMark Financial has a P/B Ratio of 1.98. 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 Ad Unstoppable ProsperityCharles Payne’s Gift to Stock InvestorsRight now, millions of good honest folks are feeling the squeeze. Last year's terrible market did a number on their accounts. Stock values plunged. Retirement accounts lost too.Watch Insider's Advantage Event Tuesday at 4:00 PM ET 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 HeadlinesApril 28, 2024 | americanbankingnews.comAssetMark Financial (NYSE:AMK) Downgraded by JPMorgan Chase & Co.April 27, 2024 | americanbankingnews.comAssetMark Financial (NYSE:AMK) Downgraded by William BlairApril 30, 2024 | Unstoppable Prosperity (Ad)Charles Payne’s Gift to Stock InvestorsRight now, millions of good honest folks are feeling the squeeze. Last year's terrible market did a number on their accounts. Stock values plunged. Retirement accounts lost too.April 26, 2024 | prnewswire.comINVESTIGATION: The M&A Class Action Firm Announces An Investigation of AssetMark Financial Holdings, Inc. - AMKApril 26, 2024 | msn.comLevi & Korsinsky LLP Notifies Shareholders of Lincoln National Corporation(LNC) of a Class Action Lawsuit and an Upcoming DeadlineApril 26, 2024 | msn.comJP Morgan Downgrades AssetMark Financial Holdings (AMK)April 26, 2024 | finance.yahoo.comGTCR to buy wealth management tech AssetMark for $2.7 blnApril 25, 2024 | finance.yahoo.comBuyout Shop GTCR’s Take-Private Deal Values AssetMark at $2.7 BillionApril 30, 2024 | Unstoppable Prosperity (Ad)Charles Payne’s Gift to Stock InvestorsRight now, millions of good honest folks are feeling the squeeze. Last year's terrible market did a number on their accounts. Stock values plunged. Retirement accounts lost too.April 25, 2024 | prnewswire.comShareholder Alert: Ademi LLP investigates whether AssetMark Financial Holdings, Inc. has obtained a Fair Price in its transaction with GTCRApril 25, 2024 | markets.businessinsider.comAssetMark To Be Acquired By GTCR For $35.25 Per Share In CashApril 25, 2024 | businesswire.comAssetMark Signs Definitive Agreement to be Acquired by GTCRApril 18, 2024 | nasdaq.comAssetMark Financial Holdings (AMK) Price Target Increased by 5.75% to 37.54April 10, 2024 | globenewswire.comMarch AMK ReportApril 1, 2024 | globenewswire.comAssetMark Honors Financial Advisors with Community Inspiration AwardMarch 12, 2024 | msn.comAssetMark Financial posts platform assets of $113.3B at the end of FebruaryMarch 11, 2024 | globenewswire.comFebruary AMK ReportMarch 8, 2024 | finance.yahoo.comIs Now The Time To Put AssetMark Financial Holdings (NYSE:AMK) On Your Watchlist?March 6, 2024 | uk.investing.comAssetMark Financial Holdings Inc (AMK)March 4, 2024 | globenewswire.comAssetMark Launches Advisor Dashboard, First Step in Broader Digital Ecosystem EnhancementsFebruary 27, 2024 | finance.yahoo.comAssetMark Financial Holdings, Inc. (NYSE:AMK) Q4 2023 Earnings Call TranscriptFebruary 24, 2024 | msn.comAssetMark Financial Holdings (AMK) Price Target Increased by 6.67% to 35.50February 23, 2024 | finance.yahoo.comAMK Mar 2024 30.000 putFebruary 22, 2024 | finance.yahoo.comAssetMark Eyes Acquisition Targets After Fourth-Quarter Revenue DropsFebruary 22, 2024 | finance.yahoo.comQ4 2023 AssetMark Financial Holdings Inc Earnings CallFebruary 21, 2024 | msn.comAssetMark Financial Non-GAAP EPS of $0.59 beats by $0.02, revenue of $158.2M beats by $19.66MFebruary 21, 2024 | msn.comAssetMark Financial (AMK) Q4 Earnings: How Key Metrics Compare to Wall Street EstimatesSee 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 Earnings2/21/2024Today4/30/2024Next Earnings (Estimated)5/01/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorFinance Industry Investment advice Sub-IndustryN/A Current SymbolNYSE:AMK CUSIPN/A CIK1591587 Webwww.assetmark.com Phone(925) 521-2200FaxN/AEmployees990Year 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-0.1%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$1.64 Trailing P/E Ratio20.60 Forward P/E Ratio13.74 P/E GrowthN/ANet Income$123.12 million Net Margins17.38% Pretax Margin23.64% Return on Equity12.74% Return on Assets9.76% Debt Debt-to-Equity Ratio0.07 Current Ratio3.84 Quick Ratio3.84 Sales & Book Value Annual Sales$708.50 million Price / Sales3.55 Cash Flow$2.59 per share Price / Cash Flow13.07 Book Value$17.07 per share Price / Book1.98Miscellaneous Outstanding Shares74,400,000Free Float72,911,000Market Cap$2.51 billion OptionableOptionable Beta1.11 Ten Starter Stocks For Beginners to Buy NowJust getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.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 CompetitorsDigitalBridge GroupNYSE:DBRGPJT PartnersNYSE:PJTFederated HermesNYSE:FHIHighest PerformancesNASDAQ:HPHVictory CapitalNASDAQ:VCTRView All CompetitorsInsiders & InstitutionsPrincipal Financial Group Inc.Bought 3,980 shares on 4/29/2024Ownership: 0.017%Allspring Global Investments Holdings LLCSold 13,141 shares on 4/18/2024Ownership: 0.028%Hodges Capital Management Inc.Bought 60,000 shares on 4/16/2024Ownership: 0.081%Los Angeles Capital Management LLCSold 38,515 shares on 4/5/2024Ownership: 0.051%Quadrature Capital LtdSold 2,449 shares on 3/25/2024Ownership: 0.011%View All Insider TransactionsView All Institutional Transactions AMK Stock Analysis - 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 hold ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" AMK shares. View AMK analyst ratings or view top-rated stocks. What is AssetMark Financial's stock price target for 2024? 4 brokers have issued 12-month price targets for AssetMark Financial's stock. Their AMK share price targets range from $25.00 to $41.00. On average, they anticipate the company's stock price to reach $33.75 in the next year. This suggests that the stock has a possible downside of 0.1%. View analysts price targets for AMK or view top-rated stocks among Wall Street analysts. How have AMK shares performed in 2024? AssetMark Financial's stock was trading at $29.95 at the beginning of 2024. Since then, AMK shares have increased by 12.8% and is now trading at $33.79. View the best growth stocks for 2024 here. Are investors shorting AssetMark Financial? AssetMark Financial saw a drop in short interest in April. As of April 15th, there was short interest totaling 174,000 shares, a drop of 24.7% from the March 31st total of 231,000 shares. Based on an average daily trading volume, of 216,600 shares, the short-interest ratio is currently 0.8 days. Currently, 0.8% of the company's stock are sold short. View AssetMark Financial's Short Interest. When is AssetMark Financial's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024. View our AMK earnings forecast. How were AssetMark Financial's earnings last quarter? AssetMark Financial Holdings, Inc. (NYSE:AMK) issued its quarterly earnings results on Wednesday, February, 21st. The company reported $0.54 EPS for the quarter, beating analysts' consensus estimates of $0.52 by $0.02. The business had revenue of $158.18 million for the quarter, compared to analysts' expectations of $188.88 million. AssetMark Financial had a trailing twelve-month return on equity of 12.74% and a net margin of 17.38%. 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).Global X FinTech Thematic ETF (FINX). 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? AssetMark Financial (AMK) raised $250 million in an IPO 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) served 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 stock is owned by many different institutional and retail investors. Top institutional investors include Hodges Capital Management Inc. (0.08%), Los Angeles Capital Management LLC (0.05%), Allspring Global Investments Holdings LLC (0.03%) and Principal Financial Group Inc. (0.02%). Insiders that own company stock include Carrie E Hansen, 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NYSE:AMK) was last updated on 4/30/2024 by MarketBeat.com Staff From Our PartnersConflict In Israel Sends Gold Soaring ???? 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