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How to buy Amalgamated Financial (AMAL) stocks in Canada
Learn how to easily invest in Amalgamated Financial stocks.
Amalgamated Financial is a banks-regional business based in the US. Amalgamated Financial stocks (AMAL.US) are listed on the NASDAQ and all prices are listed in US Dollars. Its last market close was $15.14 – an increase of 2.01% over the previous week. Amalgamated Financial employs 370 staff and has a trailing 12-month revenue of around $198.2 million.
How to buy shares in Amalgamated Financial
- Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
- Open your brokerage account. Complete an application with your details.
- Confirm your payment details. Fund your account.
- Research the stock. Find the stock by name or ticker symbol – AMAL – and research it before deciding if it's a good investment for you.
- Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
- Check in on your investment. Optimize your portfolio by tracking your stock.
What's in this guide?
- Can I buy shares in Amalgamated Financial?
- Has coronavirus impacted Amalgamated Financial shares?
- Amalgamated Financial shares summary
- Compare share dealing platforms
- Is Amalgamated Financial stock a buy or sell?
- Amalgamated Financial performance over time
- Are Amalgamated Financial shares over-valued?
- Amalgamated Financial's financials
- How volatile are Amalgamated Financial shares?
- Does Amalgamated Financial pay a dividend?
- Have Amalgamated Financial shares ever split?
- Other common questions
Amalgamated Financial stock price (NASDAQ:AMAL)Use our graph to track the performance of AMAL stocks over time.
Amalgamated Financial shares at a glance
|Latest market close||$16.25|
|52-week range||$13.04 - $19.93|
|50-day moving average||$17.15|
|200-day moving average||$16.32|
|Wall St. target price||$20.75|
|Dividend yield||$0.32 (2.01%)|
|Earnings per share (TTM)||$1.61|
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Note: The dollar amounts in the table below are in Canadian dollars.
Is it a good time to buy Amalgamated Financial stock?
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.
Amalgamated Financial price performance over time
|1 week (2022-01-21)||2.52%|
|1 month (2021-12-28)||-2.75%|
|3 months (2021-10-28)||-14.16%|
|6 months (2021-07-28)||4.43%|
|1 year (2021-01-28)||11.91%|
|2 years (2020-01-28)||-7.41%|
|3 years (2019-01-28)||19.45|
|5 years (2017-01-24)||N/A|
Is Amalgamated Financial under- or over-valued?
Valuing Amalgamated Financial stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Amalgamated Financial's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Amalgamated Financial's P/E ratio
Amalgamated Financial's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 10x. In other words, Amalgamated Financial shares trade at around 10x 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.
Amalgamated Financial financials
|Revenue TTM||$198.2 million|
|Operating margin TTM||38.12%|
|Gross profit TTM||$195.8 million|
|Return on assets TTM||0.75%|
|Return on equity TTM||9.42%|
|Market capitalisation||$500.7 million|
TTM: trailing 12 months
Amalgamated Financial share dividends
Dividend payout ratio: 19.63% of net profits
Recently Amalgamated Financial has paid out, on average, around 19.63% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 2.01% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Amalgamated Financial shareholders could enjoy a 2.01% return on their shares, in the form of dividend payments. In Amalgamated Financial's case, that would currently equate to about $0.32 per share.
While Amalgamated Financial's payout ratio might seem low, this can signify that Amalgamated Financial is investing more in its future growth.
Amalgamated Financial's most recent dividend payout was on 1 December 2021. The latest dividend was paid out to all shareholders who bought their shares by 18 November 2021 (the "ex-dividend date").
Have Amalgamated Financial's shares ever split?
Amalgamated Financial's shares were split on 1 March 2021.
Amalgamated Financial share price volatility
Over the last 12 months, Amalgamated Financial's shares have ranged in value from as little as $13.0357 up to $19.9289. 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 Financial's is 0.892. This would suggest that Amalgamated Financial's shares are less volatile than average (for this exchange).
Amalgamated Financial overview
Amalgamated Financial Corp. operates as a bank holding company for Amalgamated Bank that provides commercial banking and trust services for commercial and retail customers in the United States. The company accepts various deposit products, including non-interest and interest-bearing demand accounts, savings and money market accounts, NOW accounts, and certificates of deposit. It also provides various commercial loans comprising commercial and industrial, multifamily mortgage, and commercial real estate loans; and retail loans, such as residential real estate, and consumer and other loans. 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, sustainability-focused, socially responsible businesses, and other for-profit companies, as well as their members and stakeholders.
Stocks similar to Amalgamated Financial
Amalgamated Financial in the news
Amalgamated Financial Corp. (AMAL) CEO Priscilla Sims Brown On Q4 2021 Results - Earnings Call Transcript
Amalgamated Financial Corp. 2022 Q4 - Results - Earnings Call Presentation
Recap: Amalgamated Financial Q4 Earnings
Frequently asked questions
Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.
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