Amalgamated Financial (AMAL) Stock Forecast, Price Target & Predictions
AMAL Stock Forecast
Amalgamated Financial stock forecast is as follows: an average price target of $28.00 (represents a -9.30% downside from AMAL’s last price of $30.87) and a rating consensus of 'Buy', based on 2 wall street analysts offering a 1-year stock forecast.
AMAL Price Target
The average price target for Amalgamated Financial (AMAL) is $28.00 based on 1-year price targets from 2 Wall Street analysts in the past 3 months, with a price target range of $28.00 to $28.00. This represents a potential -9.30% downside from AMAL's last price of $30.87.
AMAL Analyst Ratings
According to 2 Wall Street analysts, Amalgamated Financial's rating consensus is 'Buy'. The analyst rating breakdown for AMAL stock is 0 'Strong Buy' (0.00%), 2 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Amalgamated Financial Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Dec 20, 2022 | - | Piper Sandler | $28.00 | $23.48 | 19.25% | -9.30% |
The latest Amalgamated Financial stock forecast, released on Dec 20, 2022 by Piper Sandler company, set a price target of $28.00, which represents a 19.25% increase from the stock price at the time of the forecast ($23.48), and a -9.30% decrease from AMAL last price ($30.87).
Amalgamated Financial Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | - |
| Avg Price Target | - | - | - |
| Last Closing Price | $30.87 | $30.87 | $30.87 |
| Upside/Downside | -100.00% | -100.00% | -100.00% |
In the current month, the average price target of Amalgamated Financial stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Amalgamated Financial's last price of $30.87. This month's average price target is down NaN% compared to last quarter, and down NaN% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Jul 29, 2024 | Keefe, Bruyette & Woods | Outperform | Outperform | Hold |
| Apr 05, 2024 | Keefe, Bruyette & Woods | Outperform | Outperform | Hold |
| Dec 01, 2023 | Keefe, Bruyette & Woods | Outperform | Outperform | Hold |
| Dec 20, 2022 | Piper Sandler | Overweight | Overweight | Hold |
Amalgamated Financial's last stock rating was published by Keefe, Bruyette & Woods on Jul 29, 2024. The company gave AMAL a "Outperform" rating, the same as its previous rate.
Amalgamated Financial Financial Forecast
Amalgamated Financial Revenue Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | $101.72M | $91.24M | $85.92M | $72.33M | $72.99M | $73.78M | - | $55.36M | $53.57M | $50.57M | $48.87M | $49.53M | $53.87M | $53.71M | $51.82M | $53.81M | $50.03M | $49.42M | $48.20M | $48.19M | $47.75M | $47.59M |
| Avg Forecast | $83.20M | $81.88M | $79.25M | $77.44M | $76.98M | $78.71M | $77.47M | $76.00M | $71.48M | $70.08M | $70.86M | $71.39M | $72.85M | $67.77M | $59.79M | $52.11M | $50.96M | $48.40M | $48.60M | $48.20M | $50.41M | $54.18M | $50.21M | $49.27M | $49.47M | $48.54M | $48.98M | $47.51M | $55.71M | $42.15M |
| High Forecast | $84.47M | $83.13M | $80.46M | $78.62M | $78.15M | $79.42M | $78.66M | $77.16M | $71.79M | $70.16M | $71.94M | $72.48M | $73.96M | $68.80M | $59.79M | $52.69M | $51.53M | $48.94M | $49.14M | $48.74M | $50.98M | $54.79M | $50.77M | $49.82M | $50.02M | $49.08M | $49.53M | $48.04M | $66.85M | $50.58M |
| Low Forecast | $81.93M | $80.63M | $78.04M | $76.26M | $75.80M | $77.98M | $76.29M | $74.84M | $71.17M | $70.04M | $69.78M | $70.29M | $71.73M | $66.73M | $59.79M | $51.60M | $50.46M | $47.93M | $48.12M | $47.73M | $49.92M | $53.66M | $49.72M | $48.79M | $48.99M | $48.07M | $48.51M | $47.05M | $44.57M | $33.72M |
| # Analysts | - | - | - | - | 1 | 2 | 1 | 1 | 2 | 3 | 1 | 1 | 1 | 1 | - | - | 2 | 2 | 2 | 7 | 7 | 8 | 7 | 10 | 9 | 6 | 11 | 6 | 14 | 11 |
| Surprise % | - | - | - | - | - | - | - | - | 1.42% | 1.30% | 1.21% | 1.01% | 1.00% | 1.09% | - | 1.06% | 1.05% | 1.04% | 1.01% | 1.03% | 1.07% | 0.99% | 1.03% | 1.09% | 1.01% | 1.02% | 0.98% | 1.01% | 0.86% | 1.13% |
Amalgamated Financial's average Quarter revenue forecast for Mar 24 based on 1 analysts is $76.00M, with a low forecast of $74.84M, and a high forecast of $77.16M. AMAL's average Quarter revenue forecast represents a -25.28% decrease compared to the company's last Quarter revenue of $101.72M (Dec 23).
Amalgamated Financial EBITDA Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | 1 | 2 | 1 | 1 | 2 | 3 | 1 | 1 | 1 | 1 | - | - | 2 | 2 | 2 | 7 | 7 | 8 | 7 | 10 | 9 | 6 | 11 | 6 | 14 | 11 |
| EBITDA | - | - | - | - | - | - | - | - | $222.00K | $31.16M | $29.46M | $47.65M | $43.89M | $35.35M | - | $22.35M | $22.95M | $21.97M | $16.95M | $19.04M | $21.45M | $21.95M | $18.03M | $18.55M | $22.79M | $24.52M | $18.65M | $23.53M | $17.68M | $17.25M |
| Avg Forecast | $25.54M | $25.14M | $24.33M | $23.77M | $23.63M | $24.16M | $23.78M | $22.19M | $21.94M | $21.51M | $21.75M | $20.18M | $22.36M | $18.29M | $18.35M | $18.34M | $17.91M | $16.62M | $18.83M | $15.12M | $14.30M | $14.99M | $12.48M | $21.73M | $22.19M | $21.87M | $18.65M | $22.80M | $20.62M | $15.28M |
| High Forecast | $25.93M | $25.52M | $24.70M | $24.14M | $23.99M | $24.38M | $24.15M | $26.63M | $22.04M | $21.54M | $22.08M | $24.21M | $22.70M | $21.94M | $18.35M | $22.01M | $21.49M | $19.95M | $22.59M | $18.14M | $17.16M | $17.99M | $14.98M | $26.08M | $26.63M | $26.25M | $22.38M | $27.36M | $24.75M | $18.33M |
| Low Forecast | $25.15M | $24.75M | $23.96M | $23.41M | $23.27M | $23.94M | $23.42M | $17.75M | $21.85M | $21.50M | $21.42M | $16.14M | $22.02M | $14.63M | $18.35M | $14.67M | $14.33M | $13.30M | $15.06M | $12.10M | $11.44M | $11.99M | $9.99M | $17.39M | $17.75M | $17.50M | $14.92M | $18.24M | $16.50M | $12.22M |
| Surprise % | - | - | - | - | - | - | - | - | 0.01% | 1.45% | 1.35% | 2.36% | 1.96% | 1.93% | - | 1.22% | 1.28% | 1.32% | 0.90% | 1.26% | 1.50% | 1.46% | 1.44% | 0.85% | 1.03% | 1.12% | 1.00% | 1.03% | 0.86% | 1.13% |
1 analysts predict AMAL's average Quarter EBITDA for Mar 24 to be $22.19M, with a high of $26.63M and a low of $17.75M. This is 9897.08% upper than Amalgamated Financial's previous annual EBITDA (Dec 23) of $222.00K.
Amalgamated Financial Net Income Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | 1 | 2 | 1 | 1 | 2 | 3 | 1 | 1 | 1 | 1 | - | - | 2 | 2 | 2 | 7 | 7 | 8 | 7 | 10 | 9 | 6 | 11 | 6 | 14 | 11 |
| Net Income | - | - | - | - | - | - | - | - | $22.70M | $22.31M | $21.64M | $21.34M | $24.75M | $22.94M | - | $14.16M | $15.92M | $14.42M | $10.41M | $12.19M | $13.79M | $12.48M | $10.37M | $9.54M | $12.01M | $13.20M | $11.19M | $10.81M | $15.98M | $9.42M |
| Avg Forecast | $28.47M | $27.65M | $25.90M | $23.95M | $24.05M | $25.28M | $24.39M | $14.06M | $22.05M | $21.58M | $22.68M | $12.78M | $22.82M | $12.00M | $16.91M | $11.62M | $12.43M | $10.91M | $11.56M | $9.68M | $9.19M | $8.52M | $7.18M | $11.18M | $11.69M | $11.77M | $11.19M | $10.48M | $18.65M | $8.34M |
| High Forecast | $29.03M | $28.20M | $26.41M | $24.42M | $24.53M | $26.21M | $24.88M | $16.88M | $22.49M | $21.89M | $23.13M | $15.34M | $23.27M | $14.40M | $16.91M | $13.95M | $14.91M | $13.09M | $13.88M | $11.62M | $11.03M | $10.23M | $8.62M | $13.42M | $14.03M | $14.12M | $13.42M | $12.57M | $22.38M | $10.01M |
| Low Forecast | $27.90M | $27.10M | $25.38M | $23.47M | $23.57M | $24.05M | $23.91M | $11.25M | $21.75M | $21.28M | $22.23M | $10.23M | $22.36M | $9.60M | $16.91M | $9.30M | $9.94M | $8.73M | $9.25M | $7.74M | $7.35M | $6.82M | $5.75M | $8.95M | $9.35M | $9.41M | $8.95M | $8.38M | $14.92M | $6.67M |
| Surprise % | - | - | - | - | - | - | - | - | 1.03% | 1.03% | 0.95% | 1.67% | 1.08% | 1.91% | - | 1.22% | 1.28% | 1.32% | 0.90% | 1.26% | 1.50% | 1.46% | 1.44% | 0.85% | 1.03% | 1.12% | 1.00% | 1.03% | 0.86% | 1.13% |
Amalgamated Financial's average Quarter net income forecast for Mar 24 is $14.06M, with a range of $11.25M to $16.88M. AMAL's average Quarter net income forecast represents a -38.03% decrease compared to the company's last Quarter net income of $22.70M (Dec 23).
Amalgamated Financial SG&A Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | 1 | 2 | 1 | 1 | 2 | 3 | 1 | 1 | 1 | 1 | - | - | 2 | 2 | 2 | 7 | 7 | 8 | 7 | 10 | 9 | 6 | 11 | 6 | 14 | 11 |
| SG&A | - | - | - | - | - | - | - | - | - | $3.04M | $3.79M | $25.05M | $8.05M | $25.28M | - | $24.43M | $24.23M | $23.91M | $21.73M | $22.30M | $22.04M | $22.50M | $21.80M | $21.25M | $22.43M | $22.24M | $21.24M | $22.18M | $24.35M | $22.14M |
| Avg Forecast | $31.04M | $30.55M | $29.56M | $28.89M | $28.72M | $29.36M | $28.90M | $24.26M | $26.67M | $26.14M | $26.44M | $22.05M | $27.18M | $19.91M | $22.31M | $20.05M | $18.91M | $18.10M | $24.15M | $17.71M | $14.69M | $15.36M | $15.09M | $24.89M | $21.84M | $19.83M | $21.24M | $21.49M | $28.41M | $19.61M |
| High Forecast | $31.51M | $31.01M | $30.02M | $29.33M | $29.16M | $29.63M | $29.34M | $29.11M | $26.78M | $26.17M | $26.84M | $26.46M | $27.59M | $23.89M | $22.31M | $24.06M | $22.69M | $21.72M | $28.98M | $21.25M | $17.63M | $18.44M | $18.11M | $29.86M | $26.21M | $23.80M | $25.49M | $25.78M | $34.09M | $23.54M |
| Low Forecast | $30.57M | $30.08M | $29.11M | $28.45M | $28.28M | $29.09M | $28.46M | $19.41M | $26.55M | $26.13M | $26.03M | $17.64M | $26.76M | $15.92M | $22.31M | $16.04M | $15.13M | $14.48M | $19.32M | $14.16M | $11.75M | $12.29M | $12.07M | $19.91M | $17.47M | $15.87M | $16.99M | $17.19M | $22.73M | $15.69M |
| Surprise % | - | - | - | - | - | - | - | - | - | 0.12% | 0.14% | 1.14% | 0.30% | 1.27% | - | 1.22% | 1.28% | 1.32% | 0.90% | 1.26% | 1.50% | 1.46% | 1.44% | 0.85% | 1.03% | 1.12% | 1.00% | 1.03% | 0.86% | 1.13% |
Amalgamated Financial's average Quarter SG&A projection for Dec 23 is $26.67M, based on 2 Wall Street analysts, with a range of $26.55M to $26.78M. The forecast indicates a 777.81% rise compared to AMAL last annual SG&A of $3.04M (Sep 23).
Amalgamated Financial EPS Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | 1 | 2 | 1 | 1 | 2 | 3 | 1 | 1 | 1 | 1 | - | - | 2 | 2 | 2 | 7 | 7 | 8 | 7 | 10 | 9 | 6 | 11 | 6 | 14 | 11 |
| EPS | - | - | - | - | - | - | - | - | $0.74 | $0.73 | $0.71 | $0.69 | $0.80 | $0.75 | - | $0.46 | $0.51 | $0.46 | $0.33 | $0.39 | $0.44 | $0.40 | $0.33 | $0.30 | $0.38 | $0.41 | $0.35 | $0.34 | $0.50 | $0.30 |
| Avg Forecast | $0.92 | $0.90 | $0.84 | $0.78 | $0.78 | $0.82 | $0.79 | $0.74 | $0.72 | $0.70 | $0.74 | $0.71 | $0.74 | $0.71 | $0.55 | $0.39 | $0.41 | $0.37 | $0.36 | $0.34 | $0.33 | $0.41 | $0.26 | $0.35 | $0.38 | $0.37 | $0.36 | $0.32 | $0.42 | $0.31 |
| High Forecast | $0.94 | $0.91 | $0.86 | $0.79 | $0.80 | $0.85 | $0.81 | $0.75 | $0.73 | $0.71 | $0.75 | $0.72 | $0.75 | $0.73 | $0.55 | $0.39 | $0.41 | $0.38 | $0.36 | $0.34 | $0.34 | $0.41 | $0.26 | $0.36 | $0.38 | $0.38 | $0.37 | $0.32 | $0.50 | $0.37 |
| Low Forecast | $0.90 | $0.88 | $0.82 | $0.76 | $0.76 | $0.78 | $0.78 | $0.72 | $0.71 | $0.69 | $0.72 | $0.70 | $0.73 | $0.70 | $0.55 | $0.38 | $0.40 | $0.37 | $0.35 | $0.33 | $0.33 | $0.40 | $0.25 | $0.35 | $0.37 | $0.37 | $0.36 | $0.32 | $0.34 | $0.25 |
| Surprise % | - | - | - | - | - | - | - | - | 1.03% | 1.04% | 0.97% | 0.97% | 1.08% | 1.05% | - | 1.19% | 1.25% | 1.23% | 0.92% | 1.16% | 1.33% | 0.99% | 1.29% | 0.85% | 1.01% | 1.10% | 0.97% | 1.06% | 1.19% | 0.97% |
According to 1 Wall Street analysts, Amalgamated Financial's projected average Quarter EPS for Mar 24 is $0.74, with a low estimate of $0.72 and a high estimate of $0.75. This represents a -0.51% decrease compared to AMAL previous annual EPS of $0.74 (Dec 23).
Amalgamated Financial Peer Comparison by Price Target
AMAL Forecast FAQ
Is Amalgamated Financial a good buy?
Yes, according to 2 Wall Street analysts, Amalgamated Financial (AMAL) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 2 'Buy' recommendations, accounting for 100.00% of AMAL's total ratings.
What is AMAL's price target?
Amalgamated Financial (AMAL) average price target is $28 with a range of $28 to $28, implying a -9.30% from its last price of $30.87. The data is based on 2 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Amalgamated Financial stock go up soon?
According to Wall Street analysts' prediction for AMAL stock, the company can go down by -9.30% (from the last price of $30.87 to the average price target of $28), down by -9.30% based on the highest stock price target, and down by -9.30% based on the lowest stock price target.
Can Amalgamated Financial stock reach $50?
AMAL's average twelve months analyst stock price target of $28 does not support the claim that Amalgamated Financial can reach $50 in the near future.
What are Amalgamated Financial's analysts' financial forecasts?
Amalgamated Financial's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $309.16M (high $313.4M, low $304.91M), average EBITDA is $93.77M (high $99.15M, low $88.38M), average net income is $87.79M (high $92.49M, low $82.78M), average SG&A $111.24M (high $117.24M, low $105.24M), and average EPS is $3.13 (high $3.2, low $3.04). AMAL's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $321.77M (high $326.69M, low $316.86M), average EBITDA is $98.78M (high $100.29M, low $97.27M), average net income is $105.96M (high $108.06M, low $103.86M), average SG&A $120.04M (high $121.88M, low $118.21M), and average EPS is $3.44 (high $3.5, low $3.37).
Did the AMAL's actual financial results beat the analysts' financial forecasts?
Based on Amalgamated Financial's last annual report (Dec 2023), the company's revenue was $382.48M, beating the average analysts forecast of $283.8M by 34.77%. Apple's EBITDA was $888K, missing the average prediction of $85.38M by -98.96%. The company's net income was $87.98M, beating the average estimation of $79.1M by 11.23%. Apple's SG&A was $0, missing the average forecast of $101.3M by -100.00%. Lastly, the company's EPS was $2.86, missing the average prediction of $2.86 by -0.04%. In terms of the last quarterly report (Dec 2023), Amalgamated Financial's revenue was $101.72M, beating the average analysts' forecast of $71.48M by 42.30%. The company's EBITDA was $222K, missing the average prediction of $21.94M by -98.99%. Amalgamated Financial's net income was $22.7M, beating the average estimation of $22.05M by 2.92%. The company's SG&A was $0, missing the average forecast of $26.67M by -100.00%. Lastly, the company's EPS was $0.74, beating the average prediction of $0.715 by 3.47%