Affiliated Managers Group (AMG) Expected to Announce Quarterly Earnings on Thursday

Affiliated Managers Group (NYSE:AMG - Get Free Report) is expected to be posting its Q1 2025 quarterly earnings results before the market opens on Thursday, May 8th. Analysts expect the company to announce earnings of $5.13 per share and revenue of $508.00 million for the quarter.

Affiliated Managers Group (NYSE:AMG - Get Free Report) last released its quarterly earnings results on Thursday, February 6th. The asset manager reported $6.53 earnings per share for the quarter, topping the consensus estimate of $6.03 by $0.50. Affiliated Managers Group had a return on equity of 16.17% and a net margin of 25.06%. On average, analysts expect Affiliated Managers Group to post $23 EPS for the current fiscal year and $26 EPS for the next fiscal year.

Affiliated Managers Group Price Performance

Shares of NYSE:AMG traded up $7.34 on Friday, hitting $174.26. The company had a trading volume of 292,187 shares, compared to its average volume of 234,130. The company has a market cap of $5.02 billion, a PE ratio of 11.54, a PEG ratio of 0.57 and a beta of 1.09. The business has a 50 day moving average of $162.28 and a 200 day moving average of $176.69. Affiliated Managers Group has a 52-week low of $139.22 and a 52-week high of $199.52. The company has a current ratio of 2.13, a quick ratio of 2.13 and a debt-to-equity ratio of 0.61.

Affiliated Managers Group Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 4th. Shareholders of record on Tuesday, February 18th were issued a $0.01 dividend. The ex-dividend date was Tuesday, February 18th. This represents a $0.04 dividend on an annualized basis and a yield of 0.02%. Affiliated Managers Group's dividend payout ratio (DPR) is 0.26%.

Analyst Upgrades and Downgrades

AMG has been the subject of a number of analyst reports. Bank of America cut their price objective on shares of Affiliated Managers Group from $211.00 to $195.00 and set a "neutral" rating for the company in a research report on Thursday, April 3rd. The Goldman Sachs Group downgraded Affiliated Managers Group from a "buy" rating to a "neutral" rating and cut their price target for the company from $193.00 to $191.00 in a report on Monday, January 6th. Barrington Research decreased their price objective on Affiliated Managers Group from $215.00 to $200.00 and set an "outperform" rating on the stock in a report on Tuesday, April 8th. StockNews.com upgraded Affiliated Managers Group from a "hold" rating to a "buy" rating in a research note on Friday, February 7th. Finally, TD Cowen decreased their price target on Affiliated Managers Group from $187.00 to $168.00 and set a "hold" rating on the stock in a research note on Wednesday, April 9th. Three analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $192.40.

Affiliated Managers Group Company Profile

Affiliated Managers Group, Inc, through its affiliates, operates as an investment management company providing investment management services to mutual funds, institutional clients,retails and high net worth individuals in the United States. It provides advisory or sub-advisory services to mutual funds.