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Ameriprise Financial (AMP)
NYSE:AMP
Ameriprise Financial (AMP) Stock Price & Analysis
768 Followers
AMP Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$303.24 - $446.32
Previous Close$426.09
Volume404.79K
Average Volume (3M)471.38K
Market Cap
$42.32B
Enterprise Value$42.32B
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$0.00
Price to Earnings (P/E)14.5
Beta1.28
Next Earnings
Jul 24, 2024EPS Estimate
$8.53Last Dividend Ex-Date
May 03, 2024Dividend Yield1.29%
Share Statistics
EPS (TTM)29.38
Shares Outstanding99,324,923
10 Day Avg. Volume408,741
30 Day Avg. Volume471,376
Standard Deviation0.09
R-Squared0.64
Alpha0.00823
Financial Highlights & Ratios
Price to Book (P/B)13.19
Price to Sales (P/S)2.72
Price to Cash Flow (P/CF)5.10
P/FCF Ratio5.10
Enterprise Value/Market CapN/A
Enterprise Value/Revenue3.41
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$463.20Price Target Upside6.76% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering10
Ameriprise Financial News
Bulls Say, Bears Say
Bulls Say
Business TransitionAMP is transitioning into a pure asset & wealth manager, which is expected to unlock excess capital and improve growth and return on equity.
Core EarningsAMP reported a core earnings beat driven by strong overall market returns in tandem with expense discipline.
Topline Growth And AI EfficiencyInvestor meetings with AMP's CEO, CFO, and leadership highlight key opportunities for topline growth as well as AI driven efficiency gains.
Bears Say
Capital ReturnCapital return to shareholders as a percentage of net income declined, but management expects to increase deployment to meet their target.
CompetitionLower net new assets and increasing competition for advisors could lead to higher payout ratios and lower free cash flow generation.
EarningsEarnings per share and price objective estimates have been reduced due to refined client cash sorting forecasts and advisor payout ratio changes.
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Ownership Overview
24.85% Insiders
26.74% Mutual Funds
24.90% Other Institutional Investors
23.51% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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AMP FAQ
What was Ameriprise Financial’s price range in the past 12 months?
Ameriprise Financial lowest stock price was $303.24 and its highest was $446.32 in the past 12 months.
What is Ameriprise Financial’s market cap?
Currently, no data Available
When is Ameriprise Financial’s upcoming earnings report date?
Ameriprise Financial’s upcoming earnings report date is Jul 24, 2024 which is in 21 days.
How were Ameriprise Financial’s earnings last quarter?
Ameriprise Financial released its earnings results on Apr 22, 2024. The company reported $8.39 earnings per share for the quarter, beating the consensus estimate of $8.2 by $0.19.
Is Ameriprise Financial overvalued?
According to Wall Street analysts Ameriprise Financial’s price is currently Undervalued.
Does Ameriprise Financial pay dividends?
Ameriprise Financial pays a Quarterly dividend of $1.48 which represents an annual dividend yield of 1.29%. See more information on Ameriprise Financial dividends here
What is Ameriprise Financial’s EPS estimate?
Ameriprise Financial’s EPS estimate is $8.53.
How many shares outstanding does Ameriprise Financial have?
Ameriprise Financial has 99,324,920 shares outstanding.
What happened to Ameriprise Financial’s price movement after its last earnings report?
Ameriprise Financial reported an EPS of $8.39 in its last earnings report, beating expectations of $8.2. Following the earnings report the stock price went down -3.249%.
Which hedge fund is a major shareholder of Ameriprise Financial?
Among the largest hedge funds holding Ameriprise Financial’s share is Viking Global Investors LP. It holds Ameriprise Financial’s shares valued at 713M.
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Ameriprise Financial Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$463.20 (6.76% Upside)
$463.20 (6.76% Upside)
Blogger Sentiment
Bullish
AMP Sentiment 100%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 194.2K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $657.1K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Negative
Last 7 Days ▼ 3.0%
Last 30 Days ▲ 2.1%
Last 30 Days ▲ 2.1%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
30.20%
12-Months-Change
Fundamentals
Return on Equity
69.36%
Trailing 12-Months
Asset Growth
7.92%
Trailing 12-Months
Company Description
Ameriprise Financial
Founded in 1894, Minnesota-based Ameriprise Financial, Inc. provides various financial products and services to individual and institutional clients. The company operates through five segments: Advice & Wealth Management, Asset Management, Annuities, Protection, and Corporate & Other.
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AMP Company Deck
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AMP Earnings Call
Q1 2024
0:00 / 0:00
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AMP Stock 12 Month Forecast
Average Price Target
$463.20
▲(6.76% Upside)
Technical Analysis
Best Analysts Covering AMP
1 Year
1 Year Success Rate
20/21 ratings generated profit
1 Year Average Return
+38.83%
reiterated a buy rating 2 months ago
Copying Kenneth Lee's trades and holding each position for 1 Year would result in 95.24% of your transactions generating a profit, with an average return of +38.83% per trade.
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