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NYSE:ABAllianceBernstein Stock Price, Forecast & News

$26.91
+0.09 (+0.34 %)
(As of 07/10/2020 04:00 PM ET)
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Today's Range
$26.68
Now: $26.91
$27.39
50-Day Range
$23.92
MA: $25.91
$27.60
52-Week Range
$13.24
Now: $26.91
$36.06
Volume142,400 shs
Average Volume299,251 shs
Market Capitalization$2.63 billion
P/E Ratio10.23
Dividend Yield9.51%
Beta1.51
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.
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Beat the Market (BTM) Rank

Analyst Opinion: 1.3Community Rank: 2.0Dividend Strength: 1.7Insider Behavior: 0.0Valuation: 3.1 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.61 out of 5 stars


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$3.52 billion
Cash Flow$2.47 per share
Book Value$15.81 per share

Profitability

Net Income$238.56 million

Miscellaneous

Employees3,811
Market Cap$2.63 billion
Next Earnings Date7/23/2020 (Confirmed)
OptionableOptionable

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AllianceBernstein (NYSE:AB) Frequently Asked Questions

How has AllianceBernstein's stock been impacted by COVID-19 (Coronavirus)?

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.

Do Wall Street analysts recommend investors buy shares of AllianceBernstein?

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.

When is AllianceBernstein's next earnings date?

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

How can I listen to AllianceBernstein's earnings call?

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.

How were AllianceBernstein's earnings last quarter?

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.

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

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.

What price target have analysts set for AB?

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.

Has AllianceBernstein been receiving favorable news coverage?

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.

Are investors shorting 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.

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), 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).

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 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.

Which major investors are selling AllianceBernstein stock?

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.

Which major investors are buying AllianceBernstein stock?

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.

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 $26.91.

How big of a company is AllianceBernstein?

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.

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 7/13/2020 by MarketBeat.com Staff

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