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Ameriprise Financial (AMP)
NYSE:AMP
Holding AMP?
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AMP Stock Chart & Stats
Day’s Range― - ―
52-Week Range$370.12 - $577.00
Previous CloseN/A
Volume91.09K
Average Volume (3M)481.42K
Market Cap
$53.01B
Enterprise Value$43.18B
Total Cash (Recent Filing)N/A
Total Debt (Recent Filing)$5.24B
Price to Earnings (P/E)21.0
Beta1.27
Next Earnings
Jan 29, 2025EPS Estimate
9.09Last Dividend Ex-Date
Nov 04, 2024Dividend Yield1.06%
Share Statistics
EPS (TTM)26.05
Shares Outstanding97,014,565
10 Day Avg. Volume472,799
30 Day Avg. Volume481,421
Standard Deviation0.09
R-Squared0.65
Alpha0.00946
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)3.14
Price to Cash Flow (P/CF)4.40
P/FCF Ratio4.10
Enterprise Value/Market Cap0.81
Enterprise Value/Revenue2.58
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$561.71Price Target Upside1.72% Upside
Rating ConsensusHold
Number of Analyst Covering7
Ameriprise Financial News
Bulls Say, Bears Say
Bulls Say
Earnings PerformanceHigher-than-expected fees benefited from strong market returns, driving earnings above estimates.
Efficiency EnhancementsAI is enhancing efficiency in Ameriprise Financial, Inc.
Organic GrowthWrap flows indicated a 6% organic growth rate, reflecting a positive trend in advisory product returns.
Bears Say
EarningsEarnings missed estimates due to higher-than-expected distribution costs.
Financial PerformanceThe 2025 estimated EPS is reduced due to elevated expenses.
Tax ImpactThe adjusted EPS for 4Q24 is lowered due to higher tax rates.
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Ownership Overview
0.25% Insiders
25.87% Mutual Funds
0.73% Other Institutional Investors
47.00% 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 $370.12 and its highest was $577.00 in the past 12 months.
What is Ameriprise Financial’s market cap?
Ameriprise Financial’s market cap is $53.01B.
When is Ameriprise Financial’s upcoming earnings report date?
Ameriprise Financial’s upcoming earnings report date is Jan 29, 2025 which is in 8 days.
How were Ameriprise Financial’s earnings last quarter?
Ameriprise Financial released its earnings results on Oct 23, 2024. The company reported $8.1 earnings per share for the quarter, missing the consensus estimate of $8.926 by -$0.826.
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 $5.79 which represents an annual dividend yield of 1.06%. See more information on Ameriprise Financial dividends here
What is Ameriprise Financial’s EPS estimate?
Ameriprise Financial’s EPS estimate is 9.09.
How many shares outstanding does Ameriprise Financial have?
Ameriprise Financial has 97,014,565 shares outstanding.
What happened to Ameriprise Financial’s price movement after its last earnings report?
Ameriprise Financial reported an EPS of $8.1 in its last earnings report, missing expectations of $8.926. Following the earnings report the stock price went down -3.124%.
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 114M.
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Ameriprise Financial Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Hold
Average Price Target:
$561.71 (1.72% Upside)
$561.71 (1.72% Upside)
Blogger Sentiment
Bullish
AMP Sentiment 100%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 638.7K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $17.0M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 1.2%
Last 30 Days ▲ 3.6%
Last 30 Days ▲ 3.6%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
50.44%
12-Months-Change
Fundamentals
Return on Equity
56.75%
Trailing 12-Months
Asset Growth
12.62%
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
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Positive
The earnings call highlighted significant growth in assets under management and strong financial performance, particularly in wealth management and asset management margins. However, challenges remain with net outflows in asset management and the decision to retain the long-term care book due to unfavorable market conditions for risk transfer.Read More>---
AMP Stock 12 Month Forecast
Average Price Target
$561.71
▲(1.72% Upside)
Technical Analysis
LPL Financial
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Raymond James Financial
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Evercore Partners
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Stifel Financial
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Moelis
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Morgan Stanley
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Best Analysts Covering AMP
1 Year
1 Year Success Rate
23/24 ratings generated profit
1 Year Average Return
+37.48%
reiterated a buy rating last month
Copying Kenneth Lee's trades and holding each position for 1 Year would result in 95.83% of your transactions generating a profit, with an average return of +37.48% per trade.
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