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NYSE:AMG

Affiliated Managers Group (AMG) Stock Price, News & Analysis

$177.02
+3.22 (+1.85%)
(As of 07/26/2024 ET)
Today's Range
$173.81
$177.46
50-Day Range
$148.31
$173.80
52-Week Range
$120.22
$177.49
Volume
349,050 shs
Average Volume
263,753 shs
Market Capitalization
$5.64 billion
P/E Ratio
9.82
Dividend Yield
0.02%
Price Target
$174.40

Affiliated Managers Group MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
1.5% Downside
$174.40 Price Target
Short Interest
Healthy
2.68% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-0.48
Upright™ Environmental Score
News Sentiment
0.91mentions of Affiliated Managers Group in the last 14 days
Based on 5 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
13.34%
From $21.59 to $24.47 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.27 out of 5 stars

Finance Sector

183rd out of 898 stocks

Investment Advice Industry

13th out of 49 stocks

AMG stock logo

About Affiliated Managers Group Stock (NYSE:AMG)

Affiliated Managers Group, Inc., through its affiliates, operates as an investment management company providing investment management services to mutual funds, institutional clients,retails and high net worth individuals in the United States. It provides advisory or sub-advisory services to mutual funds. These funds are distributed to retail, high net worth and institutional clients directly and through intermediaries, including independent investment advisors, retirement plan sponsors, broker-dealers, major fund marketplaces, and bank trust departments. The company also offers investment products in various investment styles in the institutional distribution channel, including small, small/mid, mid, and large capitalization value and growth equity, and emerging markets. In addition, it offers quantitative, alternative, and fixed income products, and manages assets for foundations and endowments, defined benefit, and defined contribution plans for corporations and municipalities. Affiliated Managers Group provides investment management or customized investment counseling and fiduciary services. Affiliated Managers Group, Inc. was formed in 1993 and is based in West Palm Beach, Florida with additional offices in Prides Crossing, Massachusetts; Stamford, Connecticut; London, United Kingdom; Dubai, United Arab Emirates; Sydney, Australia; Hong Kong; Tokyo, Japan, Zurich, Switzerland and Delaware.

AMG Stock Price History

AMG Stock News Headlines

3 Asset Management Stocks to Watch in July
“Generational Bull Run” Incoming
LIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.
AMG Announces Partnership with Suma Capital
“Generational Bull Run” Incoming
LIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.
AMG to Announce First-Quarter Results on May 6, 2024
See More Headlines
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Company Calendar

Last Earnings
5/06/2024
Ex-Dividend for 5/30 Dividend
5/15/2024
Dividend Payable
5/30/2024
Today
7/26/2024
Next Earnings (Confirmed)
7/29/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Investment advice
Sub-Industry
Asset Management & Custody Banks
CUSIP
00825210
Employees
4,000
Year Founded
1993

Price Target and Rating

Average Stock Price Target
$174.40
High Stock Price Target
$201.00
Low Stock Price Target
$148.00
Potential Upside/Downside
-1.5%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
3 Analysts

Profitability

Net Income
$672.90 million
Pretax Margin
54.50%

Debt

Sales & Book Value

Annual Sales
$2.06 billion
Cash Flow
$24.08 per share
Book Value
$135.18 per share

Miscellaneous

Free Float
31,259,000
Market Cap
$5.64 billion
Optionable
Optionable
Beta
1.22

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Key Executives


AMG Stock Analysis - Frequently Asked Questions

How have AMG shares performed this year?

Affiliated Managers Group's stock was trading at $151.42 at the beginning of the year. Since then, AMG shares have increased by 16.9% and is now trading at $177.02.
View the best growth stocks for 2024 here
.

How were Affiliated Managers Group's earnings last quarter?

Affiliated Managers Group, Inc. (NYSE:AMG) released its quarterly earnings data on Monday, May, 6th. The asset manager reported $5.37 earnings per share for the quarter, beating the consensus estimate of $5.21 by $0.16. The asset manager had revenue of $499.90 million for the quarter, compared to the consensus estimate of $524.53 million. Affiliated Managers Group had a trailing twelve-month return on equity of 16.66% and a net margin of 33.74%.

What is Sean M. Healey's approval rating as Affiliated Managers Group's CEO?

7 employees have rated Affiliated Managers Group Chief Executive Officer Sean M. Healey on Glassdoor.com. Sean M. Healey has an approval rating of 85% among the company's employees.

Who are Affiliated Managers Group's major shareholders?

Top institutional shareholders of Affiliated Managers Group include Bank of New York Mellon Corp (1.07%), LGT Capital Partners LTD. (1.04%), Raymond James & Associates (0.74%) and Retirement Systems of Alabama (0.32%). Insiders that own company stock include Jay C Horgen, Reuben Jeffery III, Dwight D Churchill, Tracy P Palandjian and John R Erickson.
View institutional ownership trends
.

How do I buy shares of Affiliated Managers Group?

Shares of AMG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Affiliated Managers Group own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Affiliated Managers Group investors own include NVIDIA (NVDA), Boeing (BA), Micron Technology (MU), QUALCOMM (QCOM), Walt Disney (DIS), Mastercard (ma) and Netflix (NFLX).

This page (NYSE:AMG) was last updated on 7/26/2024 by MarketBeat.com Staff

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