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NYSE:AB - AllianceBernstein Stock Price, Forecast & News

$29.32
+0.66 (+2.30 %)
(As of 12/6/2019 04:00 PM ET)
Today's Range
$28.85
Now: $29.32
$29.40
50-Day Range
$27.95
MA: $29.06
$29.91
52-Week Range
$23.34
Now: $29.32
$31.42
Volume315,060 shs
Average Volume258,238 shs
Market Capitalization$2.81 billion
P/E Ratio10.98
Dividend Yield8.79%
Beta1.19
AllianceBernstein Holding L.P. is publicly owned investment manager. The firm also provides research services to its clients. It provides its services to investment companies, pension and profit sharing plans, banks and thrift institutions, trusts, estates, government agencies, charitable organizations, individuals, corporations, and other business entities. Read More…

Industry, Sector and Symbol

Industry Investment advice
Sub-IndustryN/A
SectorFinance
CUSIPN/A
Phone212-969-1000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$3.37 billion
Cash Flow$2.72 per share
Book Value$15.42 per share

Profitability

Net Income$242.39 million

Miscellaneous

Employees3,641
Market Cap$2.81 billion
Next Earnings Date2/12/2020 (Estimated)
OptionableOptionable

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AllianceBernstein (NYSE:AB) Frequently Asked Questions

What is AllianceBernstein's stock symbol?

AllianceBernstein trades on the New York Stock Exchange (NYSE) under the ticker symbol "AB."

How often does AllianceBernstein pay dividends? What is the dividend yield for AllianceBernstein?

AllianceBernstein declared a quarterly dividend on Thursday, October 24th. Investors of record on Monday, November 4th will be paid a dividend of $0.63 per share on Thursday, November 14th. This represents a $2.52 dividend on an annualized basis and a dividend yield of 8.59%. The ex-dividend date of this dividend is Friday, November 1st. This is a positive change from AllianceBernstein's previous quarterly dividend of $0.56. View AllianceBernstein's Dividend History.

How were AllianceBernstein's earnings last quarter?

AllianceBernstein Holding LP (NYSE:AB) released its earnings results on Thursday, October, 24th. The asset manager reported $0.63 earnings per share for the quarter, hitting the consensus estimate of $0.63. The asset manager earned $877.87 million during the quarter, compared to analysts' expectations of $880.27 million. AllianceBernstein had a net margin of 6.55% and a return on equity of 15.18%. The business's revenue was up 3.3% on a year-over-year basis. During the same period last year, the business posted $0.69 earnings per share. View AllianceBernstein's Earnings History.

When is AllianceBernstein's next earnings date?

AllianceBernstein is scheduled to release their next quarterly earnings announcement on Wednesday, February 12th 2020. View Earnings Estimates for AllianceBernstein.

What price target have analysts set for AB?

2 Wall Street analysts have issued twelve-month target prices for AllianceBernstein's shares. Their forecasts range from $33.00 to $35.00. On average, they anticipate AllianceBernstein's stock price to reach $34.00 in the next twelve months. This suggests a possible upside of 16.0% from the stock's current price. View Analyst Price Targets for AllianceBernstein.

What is the consensus analysts' recommendation for AllianceBernstein?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for AllianceBernstein in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for AllianceBernstein.

Has AllianceBernstein been receiving favorable news coverage?

Headlines about AB stock have trended extremely negative this week, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. AllianceBernstein earned a media sentiment score of -4.0 on InfoTrie's scale. They also assigned news stories about the asset manager a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the near future. View News Stories for AllianceBernstein.

Are investors shorting AllianceBernstein?

AllianceBernstein saw a increase in short interest in November. As of November 15th, there was short interest totalling 970,100 shares, an increase of 14.0% from the October 31st total of 850,800 shares. Based on an average daily trading volume, of 237,800 shares, the short-interest ratio is presently 4.1 days. Currently, 1.1% of the company's stock are sold short. View AllianceBernstein's Current Options Chain.

Who are some of AllianceBernstein's key competitors?

What other stocks do shareholders of AllianceBernstein own?

Based on aggregate information from My MarketBeat watchlists, some companies that other AllianceBernstein investors own include Bank of America (BAC), AT&T (T), Intelsat (I), Apollo Global Management (APO), Fossil Group (FOSL), Micron Technology (MU), Associated British Foods (ABF), Chaarat Gold (CGH), AMC Entertainment (AMC) and Energy Transfer LP Unit (ET).

Who are AllianceBernstein's key executives?

AllianceBernstein's management team includes the folowing people:
  • Mr. Seth Perry Bernstein, Pres, CEO & Director of AllianceBernstein Corp. (Age 58)
  • Mr. John Charles Weisenseel CPA, CFO & Sr. VP of Alliancebernstein Corp. (Age 59)
  • Mr. James Andrew Gingrich, Chief Operating Officer of Alliancebernstein Corp. (Age 60)
  • Mr. William R. Siemers, Controller & Chief Accounting Officer (Age 59)
  • Mr. Laurence Edward Cranch, Gen. Counsel of Alliancebernstein Corp. (Age 72)

Who are AllianceBernstein's major shareholders?

AllianceBernstein's stock is owned by a number of of institutional and retail investors. Top institutional investors include Foundry Partners LLC (0.69%), Philadelphia Financial Management of San Francisco LLC (0.25%), Stifel Financial Corp (0.24%), California Public Employees Retirement System (0.23%), D.A. Davidson & CO. (0.12%) and Gamco Investors INC. ET AL (0.11%). Company insiders that own AllianceBernstein stock include Axa Equitable Holdings, Inc, James A Gingrich, John C Weisenseel, Kate C Burke and Laurence E Cranch. View Institutional Ownership Trends for AllianceBernstein.

Which major investors are selling AllianceBernstein stock?

AB stock was sold by a variety of institutional investors in the last quarter, including Stifel Financial Corp, Cetera Advisors LLC, Commonwealth Equity Services LLC, Flagship Harbor Advisors LLC, Old North State Trust LLC, Meritage Portfolio Management, Endurance Wealth Management Inc. and Sigma Planning Corp. Company insiders that have sold AllianceBernstein company stock in the last year include James A Gingrich, John C Weisenseel, Kate C Burke and Laurence E Cranch. View Insider Buying and Selling for AllianceBernstein.

Which major investors are buying AllianceBernstein stock?

AB stock was bought by a variety of institutional investors in the last quarter, including Philadelphia Financial Management of San Francisco LLC, Barclays PLC, Foundry Partners LLC, California Public Employees Retirement System, Oppenheimer & Co. Inc., Resources Management Corp CT ADV, Sunbelt Securities Inc. and Sicart Associates LLC. View Insider Buying and Selling for AllianceBernstein.

How do I buy shares of AllianceBernstein?

Shares of AB can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

What is AllianceBernstein's stock price today?

One share of AB stock can currently be purchased for approximately $29.32.

How big of a company is AllianceBernstein?

AllianceBernstein has a market capitalization of $2.81 billion and generates $3.37 billion in revenue each year. The asset manager earns $242.39 million in net income (profit) each year or $2.67 on an earnings per share basis. AllianceBernstein employs 3,641 workers across the globe.View Additional Information About AllianceBernstein.

What is AllianceBernstein's official website?

The official website for AllianceBernstein is http://www.abglobal.com/.

How can I contact AllianceBernstein?

AllianceBernstein's mailing address is 1345 AVENUE OF THE AMERICAS, NEW YORK NY, 10105. The asset manager can be reached via phone at 212-969-1000 or via email at [email protected]


MarketBeat Community Rating for AllianceBernstein (NYSE AB)

Community Ranking:  2.0 out of 5 (star star)
Outperform Votes:  323 (Vote Outperform)
Underperform Votes:  467 (Vote Underperform)
Total Votes:  790
MarketBeat's community ratings are surveys of what our community members think about AllianceBernstein and other stocks. Vote "Outperform" if you believe AB will outperform the S&P 500 over the long term. Vote "Underperform" if you believe AB will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 12/7/2019 by MarketBeat.com Staff

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