What is Northland Capmk’s Forecast for AMRK FY2025 Earnings?

A-Mark Precious Metals, Inc. (NASDAQ:AMRK) – Analysts at Northland Capmk dropped their FY2025 EPS estimates for A-Mark Precious Metals in a research report issued to clients and investors on Thursday, November 7th. Northland Capmk analyst G. Gibas now forecasts 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 $3.54 per share.

A number of other research analysts also recently weighed in on the stock. DA Davidson decreased their target price on shares of A-Mark Precious Metals from $52.00 to $43.00 and set a “buy” rating for the company in a research report on Thursday, November 7th. StockNews.com raised shares of A-Mark Precious Metals from a “sell” rating to a “hold” rating in a research report on Tuesday, November 5th. Four research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $46.33.

A-Mark Precious Metals Trading Down 0.9 %

Shares of NASDAQ:AMRK opened at $31.31 on Monday. A-Mark Precious Metals has a 12 month low of $24.22 and a 12 month high of $47.39. 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 company’s fifty day simple moving average is $41.65 and its 200 day simple moving average is $38.22. The firm has a market cap of $725.45 million, a price-to-earnings ratio of 13.32 and a beta of -0.01.

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

Institutional Trading of A-Mark Precious Metals

Hedge funds and other institutional investors have recently bought and sold shares of the business. BNP Paribas Financial Markets raised its stake in A-Mark Precious Metals by 99.6% in the 1st quarter. BNP Paribas Financial Markets now owns 34,118 shares of the company’s stock worth $1,047,000 after purchasing an additional 17,023 shares in the last quarter. Riverwater Partners LLC raised its position in shares of A-Mark Precious Metals by 385.1% in the 3rd quarter. Riverwater Partners LLC now owns 44,774 shares of the company’s stock valued at $2,001,000 after buying an additional 35,545 shares in the last quarter. Evergreen Capital Management LLC raised its position in shares of A-Mark Precious Metals by 359.3% in the 2nd quarter. Evergreen Capital Management LLC now owns 82,093 shares of the company’s stock valued at $2,657,000 after buying an additional 64,221 shares in the last quarter. Driehaus Capital Management LLC acquired a new position in shares of A-Mark Precious Metals in the 2nd quarter valued at approximately $5,702,000. Finally, Koss Olinger Consulting LLC acquired a new position in shares of A-Mark Precious Metals in the 2nd quarter valued at approximately $535,000. Institutional investors and hedge funds own 75.25% of the company’s stock.

Insider Buying and Selling

In related news, CEO Gregory N. Roberts sold 22,000 shares of A-Mark Precious Metals stock in a transaction dated 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. The trade was a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. In other A-Mark Precious Metals news, CEO Gregory N. Roberts sold 22,000 shares of A-Mark Precious Metals stock in a transaction dated Monday, September 16th. The shares were sold at an average price of $45.44, for a total value of $999,680.00. Following the completion of the sale, the chief executive officer now owns 28,202 shares in the company, valued at $1,281,498.88. The trade was a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Jess M. Ravich sold 14,500 shares of A-Mark Precious Metals stock in a transaction dated Monday, September 16th. The stock was sold at an average price of $45.68, for a total transaction of $662,360.00. Following the completion of the sale, the director now owns 190,500 shares of the company’s stock, valued at $8,702,040. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 110,316 shares of company stock valued at $4,911,036. Company insiders own 48.64% of the company’s stock.

A-Mark Precious Metals Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, October 22nd. Investors of record on Tuesday, October 8th were issued a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a dividend yield of 2.56%. The ex-dividend date was Tuesday, October 8th. A-Mark Precious Metals’s payout ratio is 34.04%.

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.