NYSE:AB

AllianceBernstein Stock Forecast, Price & News

$40.91
+0.22 (+0.54 %)
(As of 04/22/2021 02:07 PM ET)
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Today's Range
$40.66
Now: $40.91
$41.55
50-Day Range
$36.46
MA: $39.78
$42.36
52-Week Range
$19.32
Now: $40.91
$42.93
Volume8,158 shs
Average Volume481,369 shs
Market Capitalization$4.02 billion
P/E Ratio14.82
Dividend Yield9.73%
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.
AllianceBernstein logo

Industry, Sector and Symbol

Industry Investment advice
Sub-IndustryN/A
SectorFinance
CUSIPN/A
Phone212-969-1000
Employees3,929
Year FoundedN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$3.52 billion
Cash Flow$2.87 per share
Book Value$15.81 per share

Profitability

Net Income$238.56 million

Miscellaneous

Market Cap$4.02 billion
Next Earnings Date4/29/2021 (Confirmed)
OptionableOptionable

Headlines

Startup Degreed Raises Funding at $1.4 Billion Value
April 13, 2021 |  finance.yahoo.com
AB Announces March 31, 2021 Assets Under Management
April 12, 2021 |  finance.yahoo.com
AllianceBernstein (NYSE:AB) Cut to Neutral at Bank of America
April 9, 2021 |  americanbankingnews.com
See More Headlines

MarketRank

Overall MarketRank

2.05 out of 5 stars

Finance Sector

161st out of 1,947 stocks

Investment Advice Industry

12th out of 65 stocks

Analyst Opinion: 2.2Community Rank: 2.0Dividend Strength: 1.7Insider Behavior: 0.0Valuation: 4.4 5 -4 -3 -2 -1 -
$40.91
+0.22 (+0.54 %)
(As of 04/22/2021 02:07 PM ET)
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AllianceBernstein (NYSE:AB) Frequently Asked Questions

Is AllianceBernstein a buy right now?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for AllianceBernstein in the last year. There are currently 5 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" AllianceBernstein stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in AB, but not buy additional shares or sell existing shares.
View analyst ratings for AllianceBernstein
or view top-rated stocks.

What stocks does MarketBeat like better than AllianceBernstein?

Wall Street analysts have given AllianceBernstein a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but AllianceBernstein wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting AllianceBernstein?

AllianceBernstein saw a increase in short interest during the month of March. As of March 31st, there was short interest totaling 940,500 shares, an increase of 68.9% from the March 15th total of 556,800 shares. Based on an average trading volume of 497,900 shares, the days-to-cover ratio is presently 1.9 days. Approximately 1.0% of the company's shares are short sold.
View AllianceBernstein's Short Interest
.

When is AllianceBernstein's next earnings date?

AllianceBernstein is scheduled to release its next quarterly earnings announcement on Thursday, April 29th 2021.
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, April 29th 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 L.P. (NYSE:AB) posted its quarterly earnings data on Wednesday, February, 10th. The asset manager reported $0.97 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.81 by $0.16. The asset manager earned $879.80 million during the quarter, compared to analysts' expectations of $783.80 million. AllianceBernstein had a net margin of 7.33% and a trailing twelve-month return on equity of 17.85%. During the same period last year, the firm earned $0.85 EPS.
View AllianceBernstein's earnings history
.

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. Since then, AB shares have increased by 53.7% and is now trading at $40.91.
View which stocks have been most impacted by COVID-19
.

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

AllianceBernstein announced a quarterly dividend on Friday, February 12th. Investors of record on Monday, February 22nd will be paid a dividend of $0.97 per share on Thursday, March 4th. This represents a $3.88 annualized dividend and a yield of 9.48%. The ex-dividend date is Friday, February 19th. This is a positive change from AllianceBernstein's previous quarterly dividend of $0.69.
View AllianceBernstein's dividend history
.

Is AllianceBernstein a good dividend stock?

AllianceBernstein pays an annual dividend of $3.88 per share and currently has a dividend yield of 9.73%. AB has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio of AllianceBernstein is 153.97%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, AllianceBernstein will have a dividend payout ratio of 116.52% in the coming year. This indicates that AllianceBernstein may not be able to sustain their current dividend.
View AllianceBernstein's dividend history.

What price target have analysts set for AB?

8 brokers have issued 12 month price targets for AllianceBernstein's shares. Their forecasts range from $30.00 to $42.00. On average, they anticipate AllianceBernstein's stock price to reach $36.88 in the next year. This suggests that the stock has a possible downside of 9.9%.
View analysts' price targets for AllianceBernstein
or view top-rated stocks among Wall Street analysts.

Who are AllianceBernstein's key executives?

AllianceBernstein's management team includes the following people:
  • Mr. Seth Perry Bernstein, CEO, Pres & Director (Age 60, Pay $4.44M)
  • Ms. Catherine Cooney Burke, Chief Operating Officer (Age 49, Pay $1.78M)
  • Mr. Laurence Edward Cranch J.D., Chief Legal Officer (Age 74, Pay $1.36M)
  • Mr. John Charles Weisenseel CPA, CPA, Sr. Advisor (Age 61, Pay $1.54M)
  • Mr. Ali Dibadj J.D., CFO & Head of Strategy
  • Mr. William R. Siemers, Controller & Chief Accounting Officer (Age 61)
  • Mr. Karl Sprules, Head of Global Technology & Operations
  • Mr. Mark C. Griffin CFA, Head of Investor Relations
  • Mr. Mark Randall Manley J.D., Chief Compliance Officer, Sr. VP & Deputy Gen. Counsel (Age 58)
  • Mr. John Meyers, Director of Corp. Communications

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 AT&T (T), Bank of America (BAC), Apollo Global Management (APO), Intelsat (I), Enterprise Products Partners (EPD), Energy Transfer (ET), Micron Technology (MU), Fossil Group (FOSL), AbbVie (ABBV) and Altria Group (MO).

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 many different retail and institutional investors. Top institutional shareholders include Cacti Asset Management LLC (0.05%), Private Advisor Group LLC (0.03%), Bennett Selby Investments LP (0.01%), Contravisory Investment Management Inc. (0.01%), V Wealth Advisors LLC (0.01%) and Telemus Capital LLC (0.01%). Company insiders that own AllianceBernstein stock include 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 Bennett Selby Investments LP, Cacti Asset Management LLC, Atticus Wealth Management LLC, and Optimum Investment Advisors.
View insider buying and selling activity for AllianceBernstein
or view top insider-selling stocks.

Which major investors are buying AllianceBernstein stock?

AB stock was purchased by a variety of institutional investors in the last quarter, including Private Advisor Group LLC, Contravisory Investment Management Inc., V Wealth Advisors LLC, Telemus Capital LLC, and NEXT Financial Group Inc.
View insider buying and selling activity for AllianceBernstein
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is AllianceBernstein's stock price today?

One share of AB stock can currently be purchased for approximately $40.91.

How much money does AllianceBernstein make?

AllianceBernstein has a market capitalization of $4.02 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.

How many employees does AllianceBernstein have?

AllianceBernstein employs 3,929 workers across the globe.

What is AllianceBernstein's official website?

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

Where are AllianceBernstein's headquarters?

AllianceBernstein is headquartered at 1345 AVENUE OF THE AMERICAS, NEW YORK NY, 10105.

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 4/22/2021 by MarketBeat.com Staff
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