Zacks Research Issues Pessimistic Forecast for AMP Earnings

Ameriprise Financial, Inc. (NYSE:AMP - Free Report) - Research analysts at Zacks Research cut their Q2 2025 earnings per share (EPS) estimates for shares of Ameriprise Financial in a research report issued to clients and investors on Thursday, May 15th. Zacks Research analyst R. Department now forecasts that the financial services provider will post earnings of $8.89 per share for the quarter, down from their prior estimate of $9.16. The consensus estimate for Ameriprise Financial's current full-year earnings is $38.64 per share. Zacks Research also issued estimates for Ameriprise Financial's Q4 2025 earnings at $9.15 EPS, FY2025 earnings at $36.36 EPS, Q2 2026 earnings at $9.36 EPS, Q3 2026 earnings at $8.87 EPS, Q4 2026 earnings at $9.59 EPS, FY2026 earnings at $37.44 EPS and Q1 2027 earnings at $10.65 EPS.

Ameriprise Financial (NYSE:AMP - Get Free Report) last posted its earnings results on Thursday, April 24th. The financial services provider reported $9.50 earnings per share for the quarter, topping analysts' consensus estimates of $9.08 by $0.42. The business had revenue of $4.35 billion for the quarter, compared to analyst estimates of $4.45 billion. Ameriprise Financial had a return on equity of 69.35% and a net margin of 19.70%. The firm's revenue was up 3.6% compared to the same quarter last year. During the same period in the previous year, the firm earned $8.39 EPS.

AMP has been the subject of several other reports. Morgan Stanley boosted their price target on Ameriprise Financial from $507.00 to $542.00 and gave the company an "equal weight" rating in a research note on Tuesday, March 4th. Piper Sandler boosted their price target on Ameriprise Financial from $415.00 to $442.00 and gave the company an "underweight" rating in a research note on Friday, January 31st. Keefe, Bruyette & Woods boosted their price target on Ameriprise Financial from $510.00 to $520.00 and gave the company a "market perform" rating in a research note on Wednesday, May 7th. Royal Bank of Canada boosted their price target on Ameriprise Financial from $550.00 to $565.00 and gave the company an "outperform" rating in a research note on Tuesday, April 29th. Finally, Raymond James upgraded Ameriprise Financial from a "market perform" rating to a "strong-buy" rating and set a $518.00 price target for the company in a research note on Monday, April 7th. One research analyst has rated the stock with a sell rating, four have given a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, Ameriprise Financial has an average rating of "Hold" and a consensus price target of $517.13.

Ameriprise Financial Stock Performance

AMP opened at $524.06 on Monday. The business has a fifty day simple moving average of $479.32 and a 200 day simple moving average of $520.26. The company has a market capitalization of $49.90 billion, a PE ratio of 15.85, a price-to-earnings-growth ratio of 1.15 and a beta of 1.28. Ameriprise Financial has a 1 year low of $385.74 and a 1 year high of $582.05. The company has a debt-to-equity ratio of 1.01, a current ratio of 0.59 and a quick ratio of 0.59.

Institutional Trading of Ameriprise Financial

Several institutional investors and hedge funds have recently modified their holdings of the business. TCTC Holdings LLC acquired a new position in Ameriprise Financial in the 4th quarter worth about $26,000. University of Texas Texas AM Investment Management Co. acquired a new position in Ameriprise Financial in the 4th quarter worth about $26,000. Whipplewood Advisors LLC acquired a new position in Ameriprise Financial in the 4th quarter worth about $28,000. Rialto Wealth Management LLC acquired a new position in Ameriprise Financial in the 4th quarter worth about $28,000. Finally, TD Capital Management LLC increased its holdings in Ameriprise Financial by 566.7% in the 1st quarter. TD Capital Management LLC now owns 60 shares of the financial services provider's stock worth $29,000 after purchasing an additional 51 shares in the last quarter. 83.95% of the stock is currently owned by institutional investors.

Insider Activity

In related news, insider Joseph Edward Sweeney sold 4,636 shares of the company's stock in a transaction on Wednesday, February 19th. The stock was sold at an average price of $539.07, for a total transaction of $2,499,128.52. Following the completion of the sale, the insider now directly owns 7,237 shares in the company, valued at $3,901,249.59. This represents a 39.05% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 0.73% of the company's stock.

Ameriprise Financial Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, May 19th. Stockholders of record on Monday, May 5th will be given a dividend of $1.60 per share. This represents a $6.40 dividend on an annualized basis and a dividend yield of 1.22%. This is an increase from Ameriprise Financial's previous quarterly dividend of $1.48. The ex-dividend date of this dividend is Monday, May 5th. Ameriprise Financial's dividend payout ratio is presently 21.75%.

Ameriprise Financial declared that its Board of Directors has initiated a share repurchase program on Thursday, April 24th that permits the company to repurchase $4.50 billion in shares. This repurchase authorization permits the financial services provider to reacquire up to 9.9% of its shares through open market purchases. Shares repurchase programs are generally an indication that the company's leadership believes its shares are undervalued.

Ameriprise Financial Company Profile

Ameriprise Financial, Inc, together with its subsidiaries, provides various financial products and services to individual and institutional clients in the United States and internationally. It operates through four segments: Advice & Wealth Management, Asset Management, Retirement & Protection Solutions, and Corporate & Other.

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