A-Mark Precious Metals (AMRK) Scheduled to Post Quarterly Earnings on Tuesday

A-Mark Precious Metals (NASDAQ:AMRK) is scheduled to be releasing its earnings data after the market closes on Tuesday, May 7th. Analysts expect A-Mark Precious Metals to post earnings of $1.05 per share for the quarter. Persons interested in registering for the company’s earnings conference call can do so using this link.

A-Mark Precious Metals (NASDAQ:AMRK) last announced its quarterly earnings results on Tuesday, February 6th. The company reported $0.90 EPS for the quarter, missing analysts’ consensus estimates of $1.23 by ($0.33). The firm had revenue of $2.08 billion during the quarter, compared to analyst estimates of $2.25 billion. A-Mark Precious Metals had a net margin of 1.10% and a return on equity of 26.90%.

A-Mark Precious Metals Stock Performance

Shares of AMRK stock opened at $41.32 on Monday. The stock has a market cap of $944.16 million, a P/E ratio of 9.16 and a beta of -0.05. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.86 and a quick ratio of 0.32. The company has a fifty day moving average price of $32.74 and a two-hundred day moving average price of $29.63. A-Mark Precious Metals has a one year low of $23.14 and a one year high of $42.48.

A-Mark Precious Metals Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, April 29th. Shareholders of record on Tuesday, April 16th were paid a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a yield of 1.94%. The ex-dividend date was Monday, April 15th. A-Mark Precious Metals’s dividend payout ratio is currently 17.74%.

Insider Activity

In related news, CEO Gregory N. Roberts sold 8,696 shares of the firm’s stock in a transaction dated Thursday, February 29th. The shares were sold at an average price of $25.30, for a total transaction of $220,008.80. Following the transaction, the chief executive officer now directly owns 28,202 shares of the company’s stock, valued at $713,510.60. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. In other A-Mark Precious Metals news, Director Jess M. Ravich purchased 20,000 shares of the stock in a transaction that occurred on Tuesday, February 27th. The shares were acquired at an average cost of $25.63 per share, with a total value of $512,600.00. Following the completion of the transaction, the director now owns 143,668 shares in the company, valued at $3,682,210.84. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Gregory N. Roberts sold 8,696 shares of the firm’s stock in a transaction dated Thursday, February 29th. The stock was sold at an average price of $25.30, for a total transaction of $220,008.80. Following the transaction, the chief executive officer now directly owns 28,202 shares in the company, valued at $713,510.60. The disclosure for this sale can be found here. Insiders have sold 53,637 shares of company stock valued at $1,396,360 over the last ninety days. 23.20% of the stock is currently owned by company insiders.

Analyst Ratings Changes

AMRK has been the topic of several research analyst reports. B. Riley dropped their price objective on shares of A-Mark Precious Metals from $41.00 to $33.00 and set a “buy” rating on the stock in a research report on Wednesday, February 21st. DA Davidson increased their price objective on shares of A-Mark Precious Metals from $42.00 to $44.00 and gave the company a “buy” rating in a research report on Wednesday, April 10th. Finally, StockNews.com lowered shares of A-Mark Precious Metals from a “hold” rating to a “sell” rating in a research report on Friday, April 26th.

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.