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Ameriprise Financial (AMP)
NYSE:AMP
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AMP Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$306.63 - $450.35
Previous Close$439.55
Volume561.85K
Average Volume (3M)476.04K
Market Cap
$43.16B
Enterprise Value$43.16B
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$0.00
Price to Earnings (P/E)15.1
Beta1.28
Next Earnings
Oct 23, 2024EPS Estimate
$8.84Last Dividend Ex-Date
Aug 05, 2024Dividend Yield1.28%
Share Statistics
EPS (TTM)29.19
Shares Outstanding98,188,661
10 Day Avg. Volume342,081
30 Day Avg. Volume476,038
Standard Deviation0.09
R-Squared0.64
Alpha0.00971
Financial Highlights & Ratios
Price to Book (P/B)8.71
Price to Sales (P/S)2.67
Price to Cash Flow (P/CF)6.30
P/FCF Ratio5.70
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.57
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$461.43Price Target Upside7.27% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering7
Ameriprise Financial News
Bulls Say, Bears Say
Bulls Say
Business ExpansionBanking activity will be a greater part of the business going forward as they want to be a wealth bank.
EfficiencyAI enhancing efficiency is mentioned as a takeaway from the management meeting.
Growth OpportunitiesInvestor meetings with AMP's CEO, CFO, and leadership across wealth and asset management highlight key opportunities for topline growth as well as AI driven efficiency gains.
Bears Say
EarningsAdjusted EPS for 3Q24 is lowered by -20c or -2.3% to $8.77 due to softer management fees.
Financial Performance2024 estimated EPS is lowered by -1.4% to $34.92 also on softer management fees.
Stock TargetLower price target by $4 (-1%) to $440; remain equal weight.
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Ownership Overview
25.13% Insiders
26.68% Mutual Funds
42.22% Other Institutional Investors
5.97% 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 $306.63 and its highest was $450.35 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 Oct 23, 2024 which is in 46 days.
How were Ameriprise Financial’s earnings last quarter?
Ameriprise Financial released its earnings results on Jul 24, 2024. The company reported $8.53 earnings per share for the quarter, beating the consensus estimate of $8.529 by <$0.001.
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 1.28%. See more information on Ameriprise Financial dividends here
What is Ameriprise Financial’s EPS estimate?
Ameriprise Financial’s EPS estimate is $8.84.
How many shares outstanding does Ameriprise Financial have?
Ameriprise Financial has 98,188,660 shares outstanding.
What happened to Ameriprise Financial’s price movement after its last earnings report?
Ameriprise Financial reported an EPS of $8.53 in its last earnings report, beating expectations of $8.529. Following the earnings report the stock price went up 4.107%.
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 388M.
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Ameriprise Financial Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$461.43 (7.27% Upside)
$461.43 (7.27% Upside)
Blogger Sentiment
Bullish
AMP Sentiment 100%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Decreased
By 787.7K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $3.8M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 1.0%
Last 30 Days ▲ 4.4%
Last 30 Days ▲ 4.4%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
31.07%
12-Months-Change
Fundamentals
Return on Equity
67.63%
Trailing 12-Months
Asset Growth
5.84%
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
Q2 2024
0:00 / 0:00
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AMP Stock 12 Month Forecast
Average Price Target
$461.43
▲(7.27% Upside)
Technical Analysis
Best Analysts Covering AMP
1 Year
1 Year Success Rate
21/22 ratings generated profit
1 Year Average Return
+37.43%
reiterated a buy rating last month
Copying Kenneth Lee's trades and holding each position for 1 Year would result in 95.45% of your transactions generating a profit, with an average return of +37.43% per trade.
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