Northland Capmk Brokers Decrease Earnings Estimates for AMRK

A-Mark Precious Metals, Inc. (NASDAQ:AMRK) – Stock analysts at Northland Capmk lowered their FY2025 earnings per share (EPS) estimates for shares of A-Mark Precious Metals in a research note issued to investors on Thursday, November 7th. Northland Capmk analyst G. Gibas now expects that the company will post earnings per share of $3.54 for the year, down from their prior estimate of $4.29. The consensus estimate for A-Mark Precious Metals’ current full-year earnings is $4.29 per share.

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

Several other research firms have also weighed in on AMRK. DA Davidson reduced their price objective 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 A-Mark Precious Metals from a “sell” rating to a “hold” rating in a research note on Tuesday, November 5th. Four analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $46.33.

A-Mark Precious Metals Stock Down 0.0 %

NASDAQ:AMRK opened at $31.58 on Monday. A-Mark Precious Metals has a 12-month low of $24.22 and a 12-month high of $47.39. The stock’s fifty day simple moving average is $41.65 and its 200-day simple moving average is $38.22. The company has a quick ratio of 0.39, a current ratio of 1.63 and a debt-to-equity ratio of 0.38. The firm has a market capitalization of $731.71 million, a P/E ratio of 13.44 and a beta of -0.01.

A-Mark Precious Metals Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, October 22nd. Shareholders of record on Tuesday, October 8th were issued a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a yield of 2.53%. The ex-dividend date of this dividend was Tuesday, October 8th. A-Mark Precious Metals’s dividend payout ratio is 34.04%.

Insider Buying and Selling

In other news, Director Michael R. Wittmeyer sold 25,841 shares of the stock in a transaction on Wednesday, September 18th. The stock was sold at an average price of $44.35, for a total transaction of $1,146,048.35. Following the sale, the director now directly owns 292,535 shares of the company’s stock, valued at approximately $12,973,927.25. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In other A-Mark Precious Metals news, CEO Gregory N. Roberts sold 22,000 shares of the stock in a transaction that occurred on Monday, September 16th. The shares were sold at an average price of $45.44, for a total transaction of $999,680.00. Following the completion of the sale, the chief executive officer now owns 28,202 shares of the company’s stock, valued at approximately $1,281,498.88. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Michael R. Wittmeyer sold 25,841 shares of A-Mark Precious Metals stock in a transaction on Wednesday, September 18th. The stock was sold at an average price of $44.35, for a total transaction of $1,146,048.35. Following the transaction, the director now directly owns 292,535 shares of the company’s stock, valued at $12,973,927.25. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 110,316 shares of company stock valued at $4,911,036. Insiders own 48.64% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of AMRK. CWA Asset Management Group LLC purchased a new position in shares of A-Mark Precious Metals during the third quarter valued at approximately $11,741,000. Driehaus Capital Management LLC bought a new position in shares of A-Mark Precious Metals during the 2nd quarter valued at about $5,702,000. Evergreen Capital Management LLC raised its stake in shares of A-Mark Precious Metals by 359.3% during the second quarter. Evergreen Capital Management LLC now owns 82,093 shares of the company’s stock worth $2,657,000 after acquiring an additional 64,221 shares in the last quarter. CMC Financial Group bought a new stake in A-Mark Precious Metals in the second quarter worth $1,812,000. Finally, B. Riley Wealth Advisors Inc. lifted its position in A-Mark Precious Metals by 123.6% in the second quarter. B. Riley Wealth Advisors Inc. now owns 93,100 shares of the company’s stock valued at $3,014,000 after purchasing an additional 51,460 shares during the last quarter. 75.25% of the stock is owned by institutional investors.

A-Mark Precious Metals Company Profile

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.