AllianceBernstein Stock Forecast, Price & News

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for AllianceBernstein in the last twelve months. 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.
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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.
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AllianceBernstein saw a increase in short interest in 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. Currently, 1.0% of the shares of the stock are sold short.
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AllianceBernstein is scheduled to release its next quarterly earnings announcement on Thursday, April 29th 2021.
View our earnings forecast for AllianceBernstein.

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.

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, topping the Zacks' consensus estimate of $0.81 by $0.16. The asset manager had revenue of $879.80 million for the quarter, compared to analysts' expectations of $783.80 million. AllianceBernstein had a trailing twelve-month return on equity of 17.85% and a net margin of 7.33%. During the same period last year, the firm posted $0.85 EPS.
View AllianceBernstein's earnings history.

AllianceBernstein's stock was trading at $26.61 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, AB shares have increased by 53.9% and is now trading at $40.96.
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AllianceBernstein announced a quarterly dividend on Friday, February 12th. Stockholders 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 dividend on an annualized basis and a dividend yield of 9.47%. The ex-dividend date of this dividend is Friday, February 19th. This is a positive change from AllianceBernstein's previous quarterly dividend of $0.69.
View AllianceBernstein's dividend history.

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.

8 brokers have issued twelve-month target prices for AllianceBernstein's stock. Their forecasts range from $30.00 to $42.00. On average, they expect AllianceBernstein's stock price to reach $36.88 in the next year. This suggests that the stock has a possible downside of 10.0%.
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Some companies that are related to AllianceBernstein include Franklin Resources (BEN), Ares Management (ARES), The Carlyle Group (CG), Apollo Global Management (APO), Invesco (IVZ), Morningstar (MORN), Affiliated Managers Group (AMG), Janus Henderson Group (JHG), Evercore (EVR), Lazard (LAZ), Hamilton Lane (HLNE), Houlihan Lokey (HLI), Artisan Partners Asset Management (APAM), Moelis & Company (MC) and Cohen & Steers (CNS).
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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).

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

AllianceBernstein's stock is owned by a variety of retail and institutional investors. Top institutional investors 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.

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.
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AB stock was bought 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.

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.
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One share of AB stock can currently be purchased for approximately $40.96.

AllianceBernstein has a market capitalization of $4.03 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 3,929 workers across the globe.

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

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

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]