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Amalgamated Bank is a banks—regional business based in the US. Amalgamated Bank shares (AMAL) are listed on the NASDAQ and all prices are listed in US Dollars. Amalgamated Bank employs 398 staff and has a trailing 12-month revenue of around USD$190 million.
Since the stock market crash in March caused by coronavirus, Amalgamated Bank's share price has had significant negative movement.
Its last market close was USD$11.79, which is 35.22% down on its pre-crash value of USD$18.2 and 49.24% up on the lowest point reached during the March crash when the shares fell as low as USD$7.9.
If you had bought USD$1,000 worth of Amalgamated Bank shares at the start of February 2020, those shares would have been worth USD$454.22 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth USD$658.71.
|Latest market close||USD$11.79|
|52-week range||USD$7.9 - USD$20|
|50-day moving average||USD$11.8026|
|200-day moving average||USD$11.1939|
|Wall St. target price||USD$13.8|
|Dividend yield||USD$0.32 (2.59%)|
|Earnings per share (TTM)||USD$1.432|
The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
|1 week (2020-10-22)||-1.91%|
|1 month (2020-09-29)||12.07%|
|3 months (2020-07-29)||-5.53%|
|6 months (2020-04-29)||0.34%|
|1 year (2019-10-29)||-32.01%|
|2 years (2018-10-29)||-37.19%|
|3 years (2017-10-25)||N/A|
|5 years (2015-10-25)||N/A|
Valuing Amalgamated Bank stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Amalgamated Bank's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Amalgamated Bank's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 9x. In other words, Amalgamated Bank shares trade at around 9x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
|Revenue TTM||USD$190 million|
|Operating margin TTM||32.99%|
|Gross profit TTM||USD$192 million|
|Return on assets TTM||0.79%|
|Return on equity TTM||9.22%|
|Market capitalisation||USD$364.2 million|
TTM: trailing 12 months
There are currently 99,059 Amalgamated Bank shares held short by investors – that's known as Amalgamated Bank's "short interest". This figure is 13.9% down from 114,988 last month.
There are a few different ways that this level of interest in shorting Amalgamated Bank shares can be evaluated.
Amalgamated Bank's "short interest ratio" (SIR) is the quantity of Amalgamated Bank shares currently shorted divided by the average quantity of Amalgamated Bank shares traded daily (recently around 67387.074829932). Amalgamated Bank's SIR currently stands at 1.47. In other words for every 100,000 Amalgamated Bank shares traded daily on the market, roughly 1470 shares are currently held short.
However Amalgamated Bank's short interest can also be evaluated against the total number of Amalgamated Bank shares, or, against the total number of tradable Amalgamated Bank shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Amalgamated Bank's short interest could be expressed as 0% of the outstanding shares (for every 100,000 Amalgamated Bank shares in existence, roughly 0 shares are currently held short) or 0% of the tradable shares (for every 100,000 tradable Amalgamated Bank shares, roughly 0 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Amalgamated Bank.
Find out more about how you can short Amalgamated Bank stock.
Dividend payout ratio: 22.38% of net profits
Recently Amalgamated Bank has paid out, on average, around 22.38% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 2.59% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Amalgamated Bank shareholders could enjoy a 2.59% return on their shares, in the form of dividend payments. In Amalgamated Bank's case, that would currently equate to about $0.32 per share.
While Amalgamated Bank's payout ratio might seem low, this can signify that Amalgamated Bank is investing more in its future growth.
Amalgamated Bank's most recent dividend payout was on 3 September 2020. The latest dividend was paid out to all shareholders who bought their shares by 18 August 2020 (the "ex-dividend date").
Amalgamated Bank's shares were split on a 20:1 basis on 30 July 2018. So if you had owned 1 share the day before before the split, the next day you'd have owned 20 shares. This wouldn't directly have changed the overall worth of your Amalgamated Bank shares – just the quantity. However, indirectly, the new 95% lower share price could have impacted the market appetite for Amalgamated Bank shares which in turn could have impacted Amalgamated Bank's share price.
Over the last 12 months, Amalgamated Bank's shares have ranged in value from as little as $7.9 up to $20. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Amalgamated Bank's is 0.8967. This would suggest that Amalgamated Bank's shares are less volatile than average (for this exchange).
Amalgamated Bank, together with its subsidiaries, operates as a commercial bank and a chartered trust company in the United States. The company offers deposit products, including non-interest and interest-bearing demand accounts, savings and money market accounts, NOW accounts, and certificates of deposit. It also provides residential mortgage and commercial real estate loans, commercial and industrial loans, multifamily mortgages, 1-4 family real estate loans, construction and land loans, leveraged loans for commercial loans, consumer/small business and purchased student loans, and home equity lines of credit. In addition, the company offers online banking, bill payment, online cash management, and safe deposit box rental services; debit, prepaid, and ATM cards; and trust, custody, and investment management services comprising asset safekeeping, corporate actions, income collections, proxy, account transition, asset transfers, and conversion management services. Further, it provides investment products, such as equity, fixed-income, real estate, and alternative investment products; and brokerage, asset management, and insurance products. It serves advocacy-based non-profits, social welfare organizations, labor unions, political organizations, foundations, socially responsible businesses, and other for-profit companies, as well as their members and stakeholders. The company operates a network of 11 branches in New York City; one branch in Washington, D.C.; and one branch in San Francisco, as well as a digital banking and mobile platform. The company was formerly known as Amalgamated Bank of New York and changed its name to Amalgamated Bank in 2000. The company was founded in 1923 and is headquartered in New York, New York. Amalgamated Bank is a subsidiary of Workers United.
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