A-Mark Precious Metals, Inc. (AMRK)

NASDAQ: AMRK · Real-Time Price · USD
30.83
+0.74 (2.46%)
Nov 20, 2024, 4:00 PM EST - Market closed
2.46%
Market Cap 714.76M
Revenue (ttm) 9.93B
Net Income (ttm) 58.70M
Shares Out 23.18M
EPS (ttm) 2.44
PE Ratio 12.64
Forward PE 10.00
Dividend $0.80 (2.60%)
Ex-Dividend Date Oct 8, 2024
Volume 302,933
Open 29.96
Previous Close 30.09
Day's Range 29.69 - 31.00
52-Week Range 24.22 - 47.39
Beta 0.03
Analysts Strong Buy
Price Target 46.33 (+50.28%)
Earnings Date Nov 6, 2024

About AMRK

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. This segment also offers various ancillary services, including financing, storage, consignment, logistics, and various customized financial programs; and design... [Read more]

Industry Capital Markets
Sector Financials
Founded 1965
Employees 489
Stock Exchange NASDAQ
Ticker Symbol AMRK
Full Company Profile

Financial Performance

In 2024, A-Mark Precious Metals's revenue was $9.70 billion, an increase of 4.44% compared to the previous year's $9.29 billion. Earnings were $68.55 million, a decrease of -56.16%.

Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for AMRK stock is "Strong Buy." The 12-month stock price forecast is $46.33, which is an increase of 50.28% from the latest price.

Price Target
$46.33
(50.28% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

A-Mark Precious Metals, Inc. (AMRK) Q1 2025 Earnings Call Transcript

A-Mark Precious Metals, Inc. (AMRK) Q1 2025 Earnings Call Transcript

14 days ago - Seeking Alpha

A-Mark Precious Metals Sets Fiscal First Quarter Earnings Call for Wednesday, November 6, at 4:30 p.m. ET

EL SEGUNDO, Calif., Oct. 16, 2024 (GLOBE NEWSWIRE) -- A-Mark Precious Metals, Inc. (NASDAQ: AMRK) (A-Mark), a leading fully integrated precious metals platform, will hold a conference call on Wednesda...

5 weeks ago - GlobeNewsWire

Silver Towne Mint Acquires Assets of Regency Mint Manufacturing

Strategic Tuck-In Acquisition Expected to Increase A-Mark's Total Minting Capacity to 100MM Ounces Annually Over the Long Term Strategic Tuck-In Acquisition Expected to Increase A-Mark's Total Minting...

5 weeks ago - GlobeNewsWire

A-Mark Precious Metals: Smart Leverage To Gold/Silver, Benefiting From Bullion Run

A-Mark Precious Metals is performing well, with dollar sales supported by rising gold/silver prices. $1.1 billion in physical metals, lower-cost inventory, is also desirable to own. AMRK's valuation r...

7 weeks ago - Seeking Alpha

A-Mark Precious Metals Announces Quarterly Cash Dividend

EL SEGUNDO, Calif., Sept. 24, 2024 (GLOBE NEWSWIRE) -- A-Mark Precious Metals, Inc. (NASDAQ: AMRK) (A-Mark), a leading fully integrated precious metals platform, today announced that its Board of Dire...

2 months ago - GlobeNewsWire

A-Mark Precious Metals, Inc. (AMRK) Q4 2024 Earnings Call Transcript

A-Mark Precious Metals, Inc. (NASDAQ:AMRK) Q4 2024 Earnings Conference Call August 29, 2024 4:30 PM ET Company Participants Greg Roberts - Chief Executive Officer Thor Gjerdrum - President Kathleen S...

2 months ago - Seeking Alpha

A-Mark Precious Metals Reports Preliminary Fiscal Fourth Quarter and Preliminary Full Year 2024 Results

$9.7 Billion of Revenues for Full Year 2024 Preliminary Full Year 2024 Diluted Earnings per Share of $ 2.75 ($2.15 Excluding $14.4 Million Estimated Preliminary Remeasurement Gain) Company Reaffirms R...

2 months ago - GlobeNewsWire

A-Mark Precious Metals Sets Fiscal Fourth Quarter and Full Year 2024 Earnings Call for Thursday, August 29, at 4:30 p.m. ET

EL SEGUNDO, Calif., Aug. 20, 2024 (GLOBE NEWSWIRE) -- A-Mark Precious Metals, Inc. (NASDAQ: AMRK) (A-Mark), a leading fully integrated precious metals platform, will hold a conference call on Thursday...

3 months ago - GlobeNewsWire

A-Mark: A Great Way To Outperform Gold And Diversify Risks

Gold plays a key role in portfolio diversification due to its low correlation with stocks. During gold bull runs, investors pile into gold-related investments to be exposed to magnified returns. A-Mar...

5 months ago - Seeking Alpha

A-Mark Precious Metals, Inc. (AMRK) Q3 2024 Earnings Call Transcript

A-Mark Precious Metals, Inc. (NASDAQ:AMRK) Q3 2024 Earnings Conference Call May 7, 2024 4:30 PM ET Company Participants Greg Roberts - CEO Kathleen Simpson Taylor - CFO Thor Gjerdrum - President Conf...

7 months ago - Seeking Alpha

D.A. Davidson Acts as Buy-Side Advisor to A-Mark Precious Metals on its Acquisition of LPM Group Limited from AMS Holding

IRVINE, Calif.--(BUSINESS WIRE)--D.A. Davidson & Co. announced today that it served as buy-side advisor to A-Mark Precious Metals, Inc. (“A-Mark or “The Company) (Nasdaq: AMRK), a fully integrated pre...

7 months ago - Business Wire

A-Mark Precious Metals Sets Fiscal Third Quarter 2024 Earnings Call for Tuesday, May 7, at 4:30 p.m. ET

EL SEGUNDO, Calif., April 16, 2024 (GLOBE NEWSWIRE) -- A-Mark Precious Metals, Inc. (NASDAQ: AMRK) (A-Mark), a leading fully integrated precious metals platform, will hold a conference call on Tuesday...

7 months ago - GlobeNewsWire

A-Mark Precious Metals: A Good Name For Gold Bugs

A-Mark Precious Metals' shares have fallen 20% since reaching a 52-week high in June 2023 due to soft supply-demand dynamics. The company's recent acquisition of Hong Kong-based LPM Group could lead t...

8 months ago - Seeking Alpha

A-Mark Precious Metals: Buy The Dip With Gold At All-Time High

A-Mark results have been pressured by lower market premiums for gold and silver physical. The company continues to consolidate market share with an outlook supported by overall solid fundamentals. We ...

8 months ago - Seeking Alpha

A-Mark Precious Metals Direct-to-Consumer Subsidiary JM Bullion Acquires Gold.com Website Domain

EL SEGUNDO, Calif., March 11, 2024 (GLOBE NEWSWIRE) --   JM Bullion, Inc. (JMB), a leading e-commerce retailer of precious metals and wholly-owned subsidiary of A-Mark Precious Metals, Inc. (NASDAQ: A...

9 months ago - GlobeNewsWire

A-Mark Closes Previously Announced Acquisition of LPM Group Limited, Marking A-Mark's Expansion into Asia

EL SEGUNDO, Calif., Feb. 27, 2024 (GLOBE NEWSWIRE) -- A-Mark Precious Metals, Inc. (NASDAQ: AMRK) (A-Mark), a leading fully integrated precious metals platform, has closed its previously announced tra...

9 months ago - GlobeNewsWire

A-Mark Precious Metals, Inc. (AMRK) Q2 2024 Earnings Call Transcript

A-Mark Precious Metals, Inc. (AMRK) Q2 2024 Earnings Call Transcript

10 months ago - Seeking Alpha

A-Mark Precious Metals Reports Fiscal Second Quarter 2024 Results

Q2 FY 2024 Diluted Earnings Per Share of $0.57 Repurchase of 440,092 Common Shares for $12 Million Asset Backed Securitization Notes Payable paid off at Maturity Company reaffirms regular quarterly ca...

10 months ago - GlobeNewsWire

A-Mark to Acquire LPM Group Limited, One of Asia's Largest Precious Metals Dealers, Representing A-Mark's Expansion into Asia

Conference Call Scheduled Today at 4:30 p.m. ET to Discuss Transactions and Fiscal Second Quarter 2024 Financial Results Conference Call Scheduled Today at 4:30 p.m. ET to Discuss Transactions and Fis...

10 months ago - GlobeNewsWire

A-Mark Precious Metals Sets Fiscal Second Quarter 2024 Earnings Call for Tuesday, February 6, at 4:30 p.m. ET

EL SEGUNDO, Calif., Jan. 16, 2024 (GLOBE NEWSWIRE) -- A-Mark Precious Metals, Inc. (NASDAQ: AMRK) (A-Mark), a leading fully integrated precious metals platform, will hold a conference call on Tuesday,...

11 months ago - GlobeNewsWire

A-Mark Precious Metals Increases Share Repurchase Program

EL SEGUNDO, Calif., Nov. 20, 2023 (GLOBE NEWSWIRE) -- The board of directors of A-Mark Precious Metals, Inc. (NASDAQ: AMRK) (A-Mark), a leading fully integrated precious metals platform, has authorize...

1 year ago - GlobeNewsWire

A-Mark Precious Metals, Inc. (AMRK) Q1 2024 Earnings Call Transcript

A-Mark Precious Metals, Inc. (NASDAQ:AMRK) Q1 2024 Earnings Conference Call November 7, 2023 4:30 PM ET Company Participants Greg Roberts - CEO Thor Gjerdrum - President Kathleen Simpson - CFO Confer...

1 year ago - Seeking Alpha

A-Mark Precious Metals Reports Fiscal First Quarter 2024 Results

Diluted Earnings per Share of $0.77 Repurchase of 171,268 Common Shares for $5.0 Million Company reaffirms regular quarterly cash dividend policy of $0.20 per share Credit Facility amended increasing ...

1 year ago - GlobeNewsWire

9 Ideal November Fortune Fast Growers Out Of 100

On October 25 2023 an on-line edition of Fortune Magazine revealed 100 Fastest Growing Public Companies. My Dogcatcher quest to sniff-out dividend-buys found 57 dividend-paying fast-growers using YCha...

1 year ago - Seeking Alpha

A-Mark Precious Metals Sets Fiscal First Quarter 2024 Earnings Call for Tuesday, November 7, at 4:30 p.m. ET

EL SEGUNDO, Calif., Oct. 17, 2023 (GLOBE NEWSWIRE) --   A-Mark Precious Metals, Inc. (NASDAQ: AMRK) (A-Mark), a leading fully integrated precious metals platform, will hold a conference call on Tuesda...

1 year ago - GlobeNewsWire