AllianceBernstein Stock Forecast, Price & News

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for AllianceBernstein in the last twelve months. There are currently 4 hold ratings and 1 buy rating 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.

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

AllianceBernstein is scheduled to release its next quarterly earnings announcement on Thursday, October 28th 2021.
View our earnings forecast for AllianceBernstein.

AllianceBernstein Holding L.P. (NYSE:AB) released its earnings results on Wednesday, July, 28th. The asset manager reported $0.91 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.82 by $0.09. The asset manager earned $881.64 million during the quarter, compared to the consensus estimate of $851.20 million. AllianceBernstein had a trailing twelve-month return on equity of 20.93% and a net margin of 8.21%.
View AllianceBernstein's earnings history.

AllianceBernstein's stock was trading at $26.61 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, AB shares have increased by 94.9% and is now trading at $51.85.
View which stocks have been most impacted by COVID-19.

AllianceBernstein declared a quarterly dividend on Friday, July 30th. Investors of record on Monday, August 9th will be given a dividend of $0.91 per share on Thursday, August 19th. This represents a $3.64 dividend on an annualized basis and a yield of 7.02%. The ex-dividend date is Friday, August 6th. This is an increase from AllianceBernstein's previous quarterly dividend of $0.81.
View AllianceBernstein's dividend history.

AllianceBernstein pays an annual dividend of $3.64 per share and currently has a dividend yield of 7.14%. 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 125.09%. 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 99.45% in the coming year. This indicates that AllianceBernstein may not be able to sustain their current dividend.
View AllianceBernstein's dividend history.

5 equities research analysts have issued 1-year price objectives for AllianceBernstein's shares. Their forecasts range from $40.00 to $56.00. On average, they expect AllianceBernstein's share price to reach $44.00 in the next year. This suggests that the stock has a possible downside of 15.1%.
View analysts' price targets for AllianceBernstein or view top-rated stocks among Wall Street analysts.

Some companies that are related to AllianceBernstein include The Carlyle Group (CG), Franklin Resources (BEN), Apollo Global Management (APO), Morningstar (MORN), Invesco (IVZ), Janus Henderson Group (JHG), Affiliated Managers Group (AMG), Houlihan Lokey (HLI), Evercore (EVR), Lazard (LAZ), Hamilton Lane (HLNE), StepStone Group (STEP), CI Financial (CIXX), Cohen & Steers (CNS) and Moelis & Company (MC).
View all of AB's competitors.

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 institutional and retail investors. Top institutional investors include FMR LLC (2.17%), Franklin Resources Inc. (0.74%), Wells Fargo & Company MN (0.62%), Amundi (0.62%), Bank of America Corp DE (0.59%) and Morgan Stanley (0.53%). Company insiders that own AllianceBernstein stock include James A Gingrich, 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 FMR LLC, PEAK6 Investments LLC, JPMorgan Chase & Co., California Public Employees Retirement System, Natixis, Artemis Investment Management LLP, NFJ Investment Group LLC, and Citigroup Inc..
View insider buying and selling activity for AllianceBernstein or view top insider-selling stocks.

AB stock was acquired by a variety of institutional investors in the last quarter, including Amundi, Bank of America Corp DE, DAVENPORT & Co LLC, Simplex Trading LLC, Northeast Financial Consultants Inc, Brookstone Capital Management, Essex Financial Services Inc., and Millennium Management LLC.
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.
Compare Top Brokerages Here.

One share of AB stock can currently be purchased for approximately $51.85.

AllianceBernstein has a market capitalization of $5.18 billion and generates $3.71 billion in revenue each year. The asset manager earns $279.38 million in net income (profit) each year or $2.91 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]