NYSE:ABAllianceBernstein Stock Price, Forecast & News

AllianceBernstein's stock was trading at $26.61 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, AB stock has increased by 1.1% and is now trading at $26.91. View which stocks have been most impacted by Coronavirus.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for AllianceBernstein in the last year. There are currently 3 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for AllianceBernstein.

AllianceBernstein is scheduled to release its next quarterly earnings announcement on Thursday, July 23rd 2020. View our earnings forecast for AllianceBernstein.

AllianceBernstein will be holding an earnings conference call on Thursday, July 23rd at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

AllianceBernstein Holding LP (NYSE:AB) released its earnings results on Tuesday, April, 28th. The asset manager reported $0.64 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.59 by $0.05. The asset manager had revenue of $874.20 million for the quarter, compared to analysts' expectations of $886.43 million. AllianceBernstein had a net margin of 7.07% and a return on equity of 17.20%. AllianceBernstein's revenue was up 9.9% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.49 earnings per share. View AllianceBernstein's earnings history.

AllianceBernstein declared a quarterly dividend on Tuesday, April 28th. Shareholders of record on Monday, May 11th will be given a dividend of $0.64 per share on Thursday, May 28th. This represents a $2.56 dividend on an annualized basis and a dividend yield of 9.51%. The ex-dividend date is Friday, May 8th. View AllianceBernstein's dividend history.

6 equities research analysts have issued 1-year price targets for AllianceBernstein's stock. Their forecasts range from $19.00 to $39.00. On average, they anticipate AllianceBernstein's share price to reach $29.60 in the next year. This suggests a possible upside of 10.0% from the stock's current price. View analysts' price targets for AllianceBernstein.

Media stories about AB stock have trended very negative this week, according to InfoTrie. The research group ranks the sentiment of news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. AllianceBernstein earned a media sentiment score of -3.2 on InfoTrie's scale. They also gave headlines about the asset manager a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View the latest news about AllianceBernstein.

AllianceBernstein saw a decline in short interest in June. As of June 30th, there was short interest totaling 1,820,000 shares, a decline of 7.1% from the June 15th total of 1,960,000 shares. Based on an average daily trading volume, of 497,500 shares, the days-to-cover ratio is presently 3.7 days. Currently, 2.0% of the shares of the stock are sold short. View AllianceBernstein's Current Options Chain.

Some companies that are related to AllianceBernstein include Franklin Resources (BEN), The Carlyle Group (CG), Ares Management (ARES), Oaktree Capital Group LLC Unit (OAK), Morningstar (MORN), Invesco (IVZ), Legg Mason (LM), Eaton Vance (EV), Janus Henderson Group (JHG), Houlihan Lokey (HLI), Hamilton Lane (HLNE), Affiliated Managers Group (AMG), Cohen & Steers (CNS), Lazard (LAZ) and MAN GRP PLC/ADR (MNGPY). View all competitors.

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

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

AllianceBernstein's stock is owned by a variety of institutional and retail investors. Top institutional investors include Moody National Bank Trust Division (0.04%) and Dalton Greiner Hartman Maher & Co. (0.01%). Company insiders that own AllianceBernstein stock include Axa Equitable Holdings, Inc, James A Gingrich, John C Weisenseel, Kate C Burke, Laurence E Cranch and Seth P Bernstein. View institutional ownership trends for AllianceBernstein.

AB stock was sold by a variety of institutional investors in the last quarter, including Dalton Greiner Hartman Maher & Co.. Company insiders that have sold AllianceBernstein company stock in the last year include James A Gingrich, John C Weisenseel, and Laurence E Cranch. View insider buying and selling activity for AllianceBernstein.

AB stock was purchased by a variety of institutional investors in the last quarter, including Moody National Bank Trust Division. Company insiders that have bought AllianceBernstein stock in the last two years include Axa Equitable Holdings, Inc, and Seth P Bernstein. View insider buying and selling activity for 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.

One share of AB stock can currently be purchased for approximately $26.91.

AllianceBernstein has a market capitalization of $2.63 billion and generates $3.52 billion in revenue each year. The asset manager earns $238.56 million in net income (profit) each year or $2.52 on an earnings per share basis. AllianceBernstein employs 3,811 workers across the globe.

The official website for AllianceBernstein is www.abglobal.com.

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]