Ameriprise Financial (AMP) Set to Release Earnings on Thursday

Key Points

• Ameriprise Financial is expected to report Q3 2026 earnings before the market opens on October 29. Analysts forecast earnings of $11.77 per share on revenue of $5.10 billion.
• The company exceeded expectations in its latest quarter, reporting $11.07 in EPS versus an $10.81 estimate, while revenue rose 11.6% year over year to $4.90 billion.
• Ameriprise authorized a $5.50 billion share-buyback program, covering up to 12.3% of outstanding shares. Despite a consensus “Hold” rating, analysts’ average price target is $557, above the stock’s recent $490.62 price.

Ameriprise Financial (NYSE:AMP - Get Free Report) is projected to announce its Q3 2026 results before the market opens on Thursday, October 29th. Analysts expect the company to post earnings of $11.77 per share and revenue of $5.10 billion for the quarter. Individuals may visit the company's upcoming Q3 2026 earnings report page for the latest details on the call scheduled for Thursday, October 29, 2026 at 9:00 AM ET.

Ameriprise Financial (NYSE:AMP - Get Free Report) last posted its quarterly earnings data on Thursday, July 23rd. The financial services provider reported $11.07 earnings per share for the quarter, topping analysts' consensus estimates of $10.81 by $0.26. Ameriprise Financial had a net margin of 20.24% and a return on equity of 64.19%. The company had revenue of $4.90 billion during the quarter, compared to analysts' expectations of $4.87 billion. During the same period in the prior year, the business posted $9.11 earnings per share. The firm's revenue for the quarter was up 11.6% on a year-over-year basis. On average, analysts expect Ameriprise Financial to post $46.13 EPS for the current fiscal year and $50.85 EPS for the next fiscal year.

Ameriprise Financial Price Performance

NYSE:AMP opened at $490.62 on Thursday. The stock has a 50 day moving average of $529.17 and a two-hundred day moving average of $498.79. Ameriprise Financial has a 12 month low of $422.37 and a 12 month high of $572.56. The firm has a market cap of $44.11 billion, a P/E ratio of 11.32, a price-to-earnings-growth ratio of 1.05 and a beta of 1.16. The company has a current ratio of 0.71, a quick ratio of 0.71 and a debt-to-equity ratio of 0.99.

Ameriprise Financial announced that its board has initiated a share buyback program on Tuesday, September 29th that allows the company to repurchase $5.50 billion in outstanding shares. This buyback authorization allows the financial services provider to repurchase up to 12.3% of its shares through open market purchases. Share buyback programs are typically a sign that the company's management believes its shares are undervalued.

Analysts Set New Price Targets

Several equities research analysts recently commented on AMP shares. Royal Bank Of Canada increased their price target on Ameriprise Financial from $560.00 to $595.00 in a report on Friday, July 24th. Jefferies Financial Group reduced their target price on shares of Ameriprise Financial from $645.00 to $638.00 in a research note on Monday, October 12th. The Goldman Sachs Group cut their target price on Ameriprise Financial from $562.00 to $524.00 and set a "neutral" rating for the company in a research note on Friday, October 2nd. Piper Sandler boosted their price objective on shares of Ameriprise Financial from $518.00 to $561.00 in a report on Thursday, July 23rd. Finally, Argus increased their target price on shares of Ameriprise Financial from $534.00 to $590.00 and gave the stock a "buy" rating in a research note on Friday, July 31st. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, five have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average price target of $557.00.

Insider Buying and Selling

In related news, CFO Walter Berman sold 11,012 shares of the company's stock in a transaction that occurred on Tuesday, July 28th. The shares were sold at an average price of $548.95, for a total transaction of $6,045,037.40. Following the sale, the chief financial officer directly owned 5,609 shares in the company, valued at approximately $3,079,060.55. This represents a 66.25% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider William Williams sold 8,210 shares of the stock in a transaction on Tuesday, July 28th. The shares were sold at an average price of $539.35, for a total value of $4,428,063.50. Following the completion of the transaction, the insider directly owned 6,780 shares in the company, valued at $3,656,793. This trade represents a 54.77% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 29,988 shares of company stock valued at $16,316,497. Corporate insiders own 0.60% of the company's stock.

About Ameriprise Financial

Ameriprise Financial, Inc NYSE: AMP is a diversified financial services company that provides advice, wealth management, asset management, insurance and retirement solutions. Through its network of financial advisors and digital platforms, the company serves individuals, families, businesses and institutions with financial planning, investment management and related services.

Its products and services include brokerage and advisory accounts, mutual funds and exchange-traded funds, retirement plans, annuities, life and long-term care insurance, banking services and financial planning.

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