AllianceBernstein Stock Forecast, Price & News

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for AllianceBernstein in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" AllianceBernstein stock.
View analyst ratings for AllianceBernstein or view top-rated stocks.

1 Wall Street analysts have issued 12 month price targets for AllianceBernstein's shares. Their AB stock forecasts range from $64.50 to $64.50. On average, they expect AllianceBernstein's stock price to reach $64.50 in the next twelve months. This suggests a possible upside of 53.0% from the stock's current price.
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AllianceBernstein's stock was trading at $48.84 on January 1st, 2022. Since then, AB stock has decreased by 13.7% and is now trading at $42.15.
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AllianceBernstein saw a increase in short interest during the month of May. As of May 31st, there was short interest totaling 1,130,000 shares, an increase of 35.9% from the May 15th total of 831,200 shares. Based on an average daily volume of 425,800 shares, the days-to-cover ratio is presently 2.7 days. Currently, 1.2% of the shares of the company are short sold.
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AllianceBernstein is scheduled to release its next quarterly earnings announcement on Thursday, August 4th 2022.
View our earnings forecast for AllianceBernstein.

AllianceBernstein Holding L.P. (NYSE:AB) announced its quarterly earnings data on Friday, April, 29th. The asset manager reported $0.90 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.80 by $0.10. The asset manager earned $903.74 million during the quarter, compared to the consensus estimate of $868.60 million. AllianceBernstein had a trailing twelve-month return on equity of 24.87% and a net margin of 8.61%. During the same quarter last year, the business earned $0.81 earnings per share.
View AllianceBernstein's earnings history.

AllianceBernstein announced a quarterly dividend on Friday, April 29th. Stockholders of record on Monday, May 9th will be given a dividend of $0.90 per share on Thursday, May 26th. This represents a $3.60 annualized dividend and a dividend yield of 8.54%. The ex-dividend date of this dividend is Friday, May 6th.
View AllianceBernstein's dividend history.

AllianceBernstein(NYSE:AB) pays an annual dividend of $3.60 per share and currently has a dividend yield of 8.66%. 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 91.37%. 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 98.09% in the coming year. This indicates that AllianceBernstein may not be able to sustain their current dividend.
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Some companies that are related to AllianceBernstein include Blue Owl Capital (OWL), Franklin Resources (BEN), The Carlyle Group (CG), Morningstar (MORN), TPG (TPG), Invesco (IVZ), Houlihan Lokey (HLI), Affiliated Managers Group (AMG), Janus Henderson Group (JHG), Hamilton Lane (HLNE), Evercore (EVR), Lazard (LAZ), Cohen & Steers (CNS), Federated Hermes (FHI) and StepStone Group (STEP).
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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."

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 $42.15.

AllianceBernstein (NYSE:AB) has a market capitalization of $4.20 billion and generates $4.44 billion in revenue each year. The asset manager earns $385.84 million in net income (profit) each year or $3.939990 on an earnings per share basis.

AllianceBernstein employs 4,118 workers across the globe.

AllianceBernstein's mailing address is 1345 AVENUE OF THE AMERICAS, NEW YORK NY, 10105. The official website for AllianceBernstein is www.abglobal.com. The asset manager can be reached via phone at (615) 622-0000, via email at [email protected], or via fax at 212-969-2293.