NYSE:AB AllianceBernstein Stock Forecast, Price & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding AllianceBernstein Holding LP Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $26.85 -0.16 (-0.59 %) (As of 09/24/2020 12:00 AM ET) Add Compare Share Today's Range$26.33Now: $26.85▼$27.0250-Day Range$26.84MA: $28.15▼$29.0752-Week Range$13.24Now: $26.85▼$36.06Volume467,452 shsAverage Volume476,240 shsMarket Capitalization$2.59 billionP/E Ratio10.02Dividend Yield9.03%Beta1.53 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media 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. The firm invests in public equity, fixed income, and alternative investment markets across the globe. It employs long/short strategy to make its investments. The firm conducts in-house research to make its investments. AllianceBernstein Holding L.P. was founded in 1987 and is based in New York, New York.Read More Beat the Market (BTM) Rank™ 3.4 Analyst's Opinion Consensus RatingAllianceBernstein has received a consensus rating of Buy. The company's average rating score is 2.88, and is based on 7 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $30.00, AllianceBernstein has a forecasted upside of 11.7% from its current price of $26.85.Amount of Analyst CoverageAllianceBernstein has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.1 Community Rank Outperform VotesAllianceBernstein has received 356 “outperform” votes. (Add your “outperform” vote.)Underperform VotesAllianceBernstein has received 510 “underperform” votes. (Add your “underperform” vote.)Community SentimentAllianceBernstein has received 58.89% “underperform” votes from our community.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. Previous Next 1.7 Dividend Strength Dividend LeadershipAllianceBernstein is a leading dividend payer. It pays a dividend yield of 9.03%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthAllianceBernstein does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of AllianceBernstein is 96.83%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on EPS estimates, AllianceBernstein will have a dividend payout ratio of 85.61% in the coming year. This indicates that AllianceBernstein may not be able to sustain their current dividend. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, AllianceBernstein insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 2.70% of the stock of AllianceBernstein is held by insiders.Percentage Held by InstitutionsOnly 18.68% of the stock of AllianceBernstein is held by institutions. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for AllianceBernstein are expected to grow by 9.20% in the coming year, from $2.61 to $2.85 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of AllianceBernstein is 10.02, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 18.12.Price to Earnings Ratio vs. SectorThe P/E ratio of AllianceBernstein is 10.02, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 17.03.Price to Earnings Growth RatioAllianceBernstein has a PEG Ratio of 1.56. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioAllianceBernstein has a P/B Ratio of 1.70. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.4Community Rank: 2.1Dividend Strength: 1.7Insider Behavior: 0.0Valuation: 1.9 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.82 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Investment advice Sub-IndustryN/A SectorFinance Current SymbolNYSE:AB Previous Symbol CUSIPN/A CIK825313 Webwww.abglobal.com Phone212-969-1000Debt Debt-to-Equity RatioN/A Current RatioN/A Quick RatioN/APrice-To-Earnings Trailing P/E Ratio10.02 Forward P/E Ratio10.29 P/E Growth1.56 Sales & Book Value Annual Sales$3.52 billion Price / Sales0.74 Cash Flow$2.42 per share Price / Cash Flow11.10 Book Value$15.81 per share Price / Book1.70Profitability EPS (Most Recent Fiscal Year)$2.52 Net Income$238.56 million Net Margins7.18% Return on Equity17.55% Return on Assets17.54%Miscellaneous Employees3,811 Outstanding Shares96,432,000Market Cap$2.59 billion Next Earnings Date10/22/2020 (Estimated) OptionableOptionable $26.85 -0.16 (-0.59 %) (As of 09/24/2020 12:00 AM ET) 30 days | 90 days | 365 days | Advanced Chart Receive AB News and Ratings via Email Sign-up to receive the latest news and ratings for AB and its competitors with MarketBeat's FREE daily newsletter. AllianceBernstein (NYSE:AB) Frequently Asked Questions How has AllianceBernstein's stock price been impacted by Coronavirus? AllianceBernstein's stock was trading at $26.61 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, AB shares have increased by 0.9% and is now trading at $26.85. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of AllianceBernstein? 8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for AllianceBernstein in the last year. There are currently 1 hold rating and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for AllianceBernstein. When is AllianceBernstein's next earnings date? AllianceBernstein is scheduled to release its next quarterly earnings announcement on Thursday, October 22nd 2020. View our earnings forecast for AllianceBernstein. How were AllianceBernstein's earnings last quarter? AllianceBernstein Holding LP (NYSE:AB) announced its quarterly earnings data on Thursday, July, 23rd. The asset manager reported $0.61 EPS for the quarter, meeting the consensus estimate of $0.61. The asset manager had revenue of $871.40 million for the quarter, compared to the consensus estimate of $883.11 million. AllianceBernstein had a return on equity of 17.55% and a net margin of 7.18%. The company's quarterly revenue was up 1.6% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.56 EPS. View AllianceBernstein's earnings history. How often does AllianceBernstein pay dividends? What is the dividend yield for AllianceBernstein? AllianceBernstein declared a quarterly dividend on Friday, July 24th. Investors of record on Monday, August 3rd will be paid a dividend of $0.61 per share on Thursday, August 20th. This represents a $2.44 dividend on an annualized basis and a dividend yield of 9.09%. The ex-dividend date is Friday, July 31st. View AllianceBernstein's dividend history. What price target have analysts set for AB? 8 equities research analysts have issued 12-month target prices for AllianceBernstein's stock. Their forecasts range from $19.00 to $39.00. On average, they anticipate AllianceBernstein's stock price to reach $30.00 in the next twelve months. This suggests a possible upside of 11.7% from the stock's current price. View analysts' price targets for AllianceBernstein. Are investors shorting AllianceBernstein? AllianceBernstein saw a drop in short interest in August. As of August 31st, there was short interest totaling 259,300 shares, a drop of 26.7% from the August 15th total of 353,900 shares. Based on an average trading volume of 306,100 shares, the short-interest ratio is currently 0.8 days. Approximately 0.3% of the shares of the stock are short sold. View AllianceBernstein's Short Interest. Who are some of AllianceBernstein's key competitors? Some companies that are related to AllianceBernstein include Ares Management (ARES), Apollo Global Management (APO), Franklin Resources (BEN), The Carlyle Group (CG), Morningstar (MORN), Invesco (IVZ), Legg Mason (LM), Eaton Vance (EV), Houlihan Lokey (HLI), Janus Henderson Group (JHG), Lazard (LAZ), Hamilton Lane (HLNE), Affiliated Managers Group (AMG), MAN GRP PLC/ADR (MNGPY) and Artisan Partners Asset Management (APAM). View all 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 AT&T (T), Bank of America (BAC), Apollo Global Management (APO), Intelsat (I), Enterprise Products Partners (EPD), Energy Transfer LP Unit (ET), Micron Technology (MU), Fossil Group (FOSL), AbbVie (ABBV) and Altria Group (MO). Who are AllianceBernstein's key executives? AllianceBernstein's management team includes the following 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) What is AllianceBernstein's stock symbol? AllianceBernstein trades on the New York Stock Exchange (NYSE) under the ticker symbol "AB." Who are AllianceBernstein's major shareholders? AllianceBernstein's stock is owned by a number of retail and institutional investors. Top institutional investors include FMR LLC (3.19%), Bank of America Corp DE (0.50%), Foundry Partners LLC (0.47%), Bank of Montreal Can (0.43%), Miller Howard Investments Inc. NY (0.20%) and Advisor Group Holdings Inc. (0.17%). 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. Which institutional investors are selling AllianceBernstein stock? AB stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Bank of Montreal Can, Bank of America Corp DE, Dalton Greiner Hartman Maher & Co., Stifel Financial Corp, First Republic Investment Management Inc., Miller Howard Investments Inc. NY, and Goldman Sachs Group Inc.. Company insiders that have sold AllianceBernstein company stock in the last year include James A Gingrich, and Laurence E Cranch. View insider buying and selling activity for AllianceBernstein. Which institutional investors are buying AllianceBernstein stock? AB stock was acquired by a variety of institutional investors in the last quarter, including Belpointe Asset Management LLC, Moody National Bank Trust Division, WFA of San Diego LLC, WFA of San Diego LLC, Mutual Advisors LLC, Russell Investments Group Ltd., Foundry Partners LLC, and Highland Capital Management LLC. 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. 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 $26.85. How big of a company is AllianceBernstein? AllianceBernstein has a market capitalization of $2.59 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. What is AllianceBernstein's official website? The official website for AllianceBernstein is 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] This page was last updated on 9/24/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your Risk-Free Trial Subscription Here Questions? Get Started with MarketBeat — Read Your Daily NewsletterCheck Out My MarketBeatWatch Our Tutorial VideosAdd a Stock to Your WatchlistSet Up an Instant AlertView a Company's Profile PageView Our Financial CalendarsView Today's Analyst Ratings
