A-Mark Precious Metals (AMRK) Expected to Announce Earnings on Thursday

A-Mark Precious Metals (NASDAQ:AMRK) is expected to be releasing its earnings data after the market closes on Thursday, February 6th. Analysts expect A-Mark Precious Metals to post earnings of $0.65 per share and revenue of $2.28 billion for the quarter. Persons that are interested in registering for the company’s earnings conference call can do so using this link.

A-Mark Precious Metals Trading Down 0.9 %

Shares of A-Mark Precious Metals stock opened at $27.92 on Tuesday. The stock has a fifty day simple moving average of $27.88 and a 200 day simple moving average of $34.76. A-Mark Precious Metals has a 12-month low of $24.22 and a 12-month high of $47.39. The company has a market capitalization of $647.19 million, a P/E ratio of 11.88 and a beta of -0.02. The company has a current ratio of 1.66, a quick ratio of 0.37 and a debt-to-equity ratio of 0.51.

A-Mark Precious Metals Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, January 28th. Investors of record on Tuesday, January 14th were issued a dividend of $0.20 per share. The ex-dividend date of this dividend was Tuesday, January 14th. This represents a $0.80 annualized dividend and a yield of 2.87%. A-Mark Precious Metals’s dividend payout ratio (DPR) is currently 34.04%.

Wall Street Analysts Forecast Growth

AMRK has been the subject of a number of recent analyst reports. StockNews.com upgraded A-Mark Precious Metals from a “sell” rating to a “hold” rating in a research note on Thursday, December 19th. DA Davidson reduced their price objective on A-Mark Precious Metals from $52.00 to $43.00 and set a “buy” rating for the company in a research note on Thursday, November 7th. Four equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $46.33.

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.