Shares of A-Mark Precious Metals, Inc. (NASDAQ:AMRK – Get Free Report) have earned an average rating of “Hold” from the five analysts that are covering the firm, MarketBeat Ratings reports. Three research analysts have rated the stock with a hold recommendation and two have assigned a buy recommendation to the company. The average 12-month price target among analysts that have covered the stock in the last year is $41.75.
Several equities analysts recently weighed in on the stock. Northland Securities reduced their target price on shares of A-Mark Precious Metals from $40.00 to $36.00 and set a “market perform” rating on the stock in a report on Friday, February 7th. DA Davidson restated a “buy” rating and set a $35.00 target price on shares of A-Mark Precious Metals in a report on Tuesday, March 11th. Finally, StockNews.com upgraded shares of A-Mark Precious Metals from a “sell” rating to a “hold” rating in a report on Thursday, December 19th.
View Our Latest Research Report on A-Mark Precious Metals
Institutional Investors Weigh In On A-Mark Precious Metals
A-Mark Precious Metals Stock Up 3.0 %
Shares of AMRK opened at $28.81 on Wednesday. The firm has a market cap of $663.18 million, a PE ratio of 14.05 and a beta of 0.07. The company’s fifty day moving average is $27.60 and its two-hundred day moving average is $32.82. A-Mark Precious Metals has a fifty-two week low of $25.01 and a fifty-two week high of $47.39. The company has a quick ratio of 0.31, a current ratio of 1.58 and a debt-to-equity ratio of 0.34.
A-Mark Precious Metals (NASDAQ:AMRK – Get Free Report) last posted its earnings results on Thursday, February 6th. The company reported $0.55 earnings per share for the quarter, missing the consensus estimate of $0.65 by ($0.10). A-Mark Precious Metals had a net margin of 0.46% and a return on equity of 9.29%. Analysts forecast that A-Mark Precious Metals will post 2.11 earnings per share for the current year.
A-Mark Precious Metals Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Tuesday, January 28th. Investors of record on Tuesday, January 14th were paid a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a yield of 2.78%. The ex-dividend date of this dividend was Tuesday, January 14th. A-Mark Precious Metals’s dividend payout ratio (DPR) is 39.02%.
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.
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