NYSE:AB - AllianceBernstein Stock Price, Forecast & News

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

AllianceBernstein declared a quarterly dividend on Thursday, October 24th. Stockholders of record on Monday, November 4th will be given 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 7.50%. The ex-dividend date is Friday, November 1st. This is an increase from AllianceBernstein's previous quarterly dividend of $0.56. View AllianceBernstein's Dividend History.

AllianceBernstein Holding LP (NYSE:AB) posted its quarterly earnings data on Thursday, October, 24th. The asset manager reported $0.63 EPS for the quarter, meeting the Thomson Reuters' consensus estimate of $0.63. The asset manager had revenue of $877.87 million for the quarter, compared to the consensus estimate of $880.27 million. AllianceBernstein had a return on equity of 15.18% and a net margin of 6.55%. The business's revenue for the quarter was up 3.3% compared to the same quarter last year. During the same period in the previous year, the company posted $0.69 EPS. View AllianceBernstein's Earnings History.

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

2 brokerages have issued 12 month price objectives for AllianceBernstein's shares. Their forecasts range from $35.00 to $38.00. On average, they expect AllianceBernstein's share price to reach $36.50 in the next twelve months. This suggests a possible upside of 8.6% from the stock's current price. View Analyst Price Targets 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.

News articles about AB stock have been trending extremely negative on Saturday, according to InfoTrie Sentiment Analysis. InfoTrie identifies positive and negative news coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. AllianceBernstein earned a daily sentiment score of -4.5 on InfoTrie's scale. They also assigned headlines about the asset manager a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the stock's share price in the next few days. View News Stories for AllianceBernstein.

AllianceBernstein saw a increase in short interest in the month of December. As of December 31st, there was short interest totalling 1,500,000 shares, an increase of 40.2% from the December 15th total of 1,070,000 shares. Based on an average trading volume of 332,900 shares, the short-interest ratio is currently 4.5 days. Currently, 1.7% of the shares of the stock are short sold. View AllianceBernstein's Current Options Chain.

Some companies that are related to AllianceBernstein include Franklin Resources (BEN), Apollo Global Management (APO), Invesco (IVZ), Oaktree Capital Group LLC Unit (OAK), Morningstar (MORN), Eaton Vance (EV), Janus Henderson Group (JHG), Lazard (LAZ), Ares Management (ARES), Affiliated Managers Group (AMG), The Carlyle Group (CG), Hamilton Lane (HLNE), Federated Investors (FII), Cohen & Steers (CNS) and Houlihan Lokey (HLI).

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

AllianceBernstein's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Janney Montgomery Scott LLC (0.08%), Endurance Wealth Management Inc. (0.03%), Joel Isaacson & Co. LLC (0.01%), Advisors Capital Management LLC (0.01%), Centric Wealth Management (0.01%) and Gradient Investments LLC (0.00%). 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.

AB stock was sold by a variety of institutional investors in the last quarter, including Endurance Wealth Management Inc.. 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.

AB stock was acquired by a variety of institutional investors in the last quarter, including Joel Isaacson & Co. LLC, Advisors Capital Management LLC, Centric Wealth Management, Janney Montgomery Scott LLC and Gradient Investments LLC. View Insider Buying and Selling 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 $33.62.

AllianceBernstein has a market capitalization of $3.23 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.

The official website for AllianceBernstein is http://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]