S&P 500   4,288.99 (-1.12%)
DOW   33,713.03 (-0.86%)
QQQ   355.48 (-1.15%)
AAPL   172.79 (-1.87%)
MSFT   312.82 (-1.49%)
META   299.70 (-0.38%)
GOOGL   127.72 (-2.59%)
AMZN   126.93 (-3.31%)
TSLA   247.38 (+0.16%)
NVDA   425.68 (+0.82%)
NIO   8.52 (+2.04%)
BABA   86.47 (-0.86%)
AMD   96.78 (-0.62%)
T   14.96 (-0.66%)
F   12.53 (-0.40%)
MU   68.20 (-0.55%)
CGC   1.02 (+8.19%)
GE   110.79 (-0.83%)
DIS   80.59 (-0.52%)
AMC   8.29 (+1.84%)
PFE   32.79 (-0.58%)
PYPL   58.73 (-0.22%)
NFLX   384.04 (-0.20%)
S&P 500   4,288.99 (-1.12%)
DOW   33,713.03 (-0.86%)
QQQ   355.48 (-1.15%)
AAPL   172.79 (-1.87%)
MSFT   312.82 (-1.49%)
META   299.70 (-0.38%)
GOOGL   127.72 (-2.59%)
AMZN   126.93 (-3.31%)
TSLA   247.38 (+0.16%)
NVDA   425.68 (+0.82%)
NIO   8.52 (+2.04%)
BABA   86.47 (-0.86%)
AMD   96.78 (-0.62%)
T   14.96 (-0.66%)
F   12.53 (-0.40%)
MU   68.20 (-0.55%)
CGC   1.02 (+8.19%)
GE   110.79 (-0.83%)
DIS   80.59 (-0.52%)
AMC   8.29 (+1.84%)
PFE   32.79 (-0.58%)
PYPL   58.73 (-0.22%)
NFLX   384.04 (-0.20%)
S&P 500   4,288.99 (-1.12%)
DOW   33,713.03 (-0.86%)
QQQ   355.48 (-1.15%)
AAPL   172.79 (-1.87%)
MSFT   312.82 (-1.49%)
META   299.70 (-0.38%)
GOOGL   127.72 (-2.59%)
AMZN   126.93 (-3.31%)
TSLA   247.38 (+0.16%)
NVDA   425.68 (+0.82%)
NIO   8.52 (+2.04%)
BABA   86.47 (-0.86%)
AMD   96.78 (-0.62%)
T   14.96 (-0.66%)
F   12.53 (-0.40%)
MU   68.20 (-0.55%)
CGC   1.02 (+8.19%)
GE   110.79 (-0.83%)
DIS   80.59 (-0.52%)
AMC   8.29 (+1.84%)
PFE   32.79 (-0.58%)
PYPL   58.73 (-0.22%)
NFLX   384.04 (-0.20%)
S&P 500   4,288.99 (-1.12%)
DOW   33,713.03 (-0.86%)
QQQ   355.48 (-1.15%)
AAPL   172.79 (-1.87%)
MSFT   312.82 (-1.49%)
META   299.70 (-0.38%)
GOOGL   127.72 (-2.59%)
AMZN   126.93 (-3.31%)
TSLA   247.38 (+0.16%)
NVDA   425.68 (+0.82%)
NIO   8.52 (+2.04%)
BABA   86.47 (-0.86%)
AMD   96.78 (-0.62%)
T   14.96 (-0.66%)
F   12.53 (-0.40%)
MU   68.20 (-0.55%)
CGC   1.02 (+8.19%)
GE   110.79 (-0.83%)
DIS   80.59 (-0.52%)
AMC   8.29 (+1.84%)
PFE   32.79 (-0.58%)
PYPL   58.73 (-0.22%)
NFLX   384.04 (-0.20%)

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

$132.32
-0.54 (-0.41%)
(As of 11:00 AM ET)
Compare
Today's Range
$131.85
$132.78
50-Day Range
$129.58
$162.48
52-Week Range
$108.12
$180.63
Volume
28,029 shs
Average Volume
263,430 shs
Market Capitalization
$4.64 billion
P/E Ratio
4.92
Dividend Yield
0.03%
Price Target
$180.08

Affiliated Managers Group MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.83 Rating Score
Upside/​Downside
35.5% Upside
$180.08 Price Target
Short Interest
Healthy
1.83% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-0.48
Upright™ Environmental Score
News Sentiment
1.50mentions of Affiliated Managers Group in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
14.92%
From $17.76 to $20.41 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

3.01 out of 5 stars

Finance Sector

74th out of 848 stocks

Investment Advice Industry

6th out of 51 stocks


AMG stock logo

About Affiliated Managers Group (NYSE:AMG) Stock

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 Price History

AMG Stock News Headlines

AMG Appoints Loren M. Starr to its Board of Directors
Gold Could Be Heading for Record Highs - But How to Play It?
According to FX Empire, the gold forecast is now bullish, with support for a $3,000 target in 2024. The big question is how to play it. Some investors are discovering a unique gold investment alternative that sidesteps the major issues with gold mining stocks or physical gold.
AMG Completes Investment in Forbion
How is This "Hidden Gem" Thriving in a Turbulent Market?
While Wall Street flounders and giants like Amazon & Microsoft lay off thousands... One overlooked company has been quietly achieving over 400% growth. How? By buying, building, and scaling a portfolio of promising brands in high-margin, recession-resistant verticals.
Q2 2023 Affiliated Managers Group Inc Earnings Call
Why Affiliated Managers Group Stock Was Down Today
Pathstone to Acquire Veritable LP
Veritable to Combine with Pathstone
AMG Announces Partnership with Forbion
See More Headlines
Receive AMG Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Affiliated Managers Group and its competitors with MarketBeat's FREE daily newsletter.

AMG Company Calendar

Last Earnings
7/26/2023
Ex-Dividend for 8/21 Dividend
8/04/2023
Dividend Payable
8/21/2023
Today
9/26/2023
Next Earnings (Estimated)
11/06/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Investment advice
Sub-Industry
Asset Management & Custody Banks
Sector
Finance
CUSIP
00825210
Employees
3,950
Year Founded
1993

Price Target and Rating

Average Stock Price Forecast
$180.08
High Stock Price Forecast
$192.00
Low Stock Price Forecast
$163.50
Forecasted Upside/Downside
+35.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.83
Research Coverage
6 Analysts

Profitability

Net Income
$1.15 billion
Pretax Margin
79.78%

Debt

Sales & Book Value

Annual Sales
$2.33 billion
Cash Flow
$23.15 per share
Book Value
$110.85 per share

Miscellaneous

Free Float
34,665,000
Market Cap
$4.66 billion
Optionable
Optionable
Beta
1.33

Social Links

10 Best Stocks to Own in 2023 Cover

Click the link below and we'll send you MarketBeat's list of the 10 best stocks to own in 2023 and why they should be in your portfolio.

Get This Free Report

Key Executives

  • Mr. Jay C. HorgenMr. Jay C. Horgen (Age 52)
    CEO, Pres & Director
    Comp: $6.82M
  • Mr. Thomas M. Wojcik (Age 42)
    Chief Financial Officer
    Comp: $3.7M
  • Mr. Rizwan M. Jamal (Age 48)
    Head of Affiliate Investments
    Comp: $3.73M
  • Mr. John R. EricksonMr. John R. Erickson (Age 52)
    Head of Affiliate Engagement
    Comp: $2.52M
  • Mr. Aaron M. Galis
    MD & Chief Accounting Officer
  • Mr. Stephen T. Pruell
    MD & Chief Information Officer
  • Ms. Alexandra K. Lynn
    Chief Admin. Officer
  • Patricia Figueroa
    VP of Investor Relations
  • Ms. Kavita Padiyar
    MD, Chief Corp. Counsel & Corp. Sec.
  • Ms. Pam Price
    Director of HR













AMG Stock - Frequently Asked Questions

Should I buy or sell Affiliated Managers Group stock right now?

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Affiliated Managers Group in the last twelve months. There are currently 1 hold rating and 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" AMG shares.
View AMG analyst ratings
or view top-rated stocks.

What is Affiliated Managers Group's stock price forecast for 2023?

6 brokers have issued 1-year price objectives for Affiliated Managers Group's stock. Their AMG share price forecasts range from $163.50 to $192.00. On average, they predict the company's stock price to reach $180.08 in the next twelve months. This suggests a possible upside of 35.5% from the stock's current price.
View analysts price targets for AMG
or view top-rated stocks among Wall Street analysts.

How have AMG shares performed in 2023?

Affiliated Managers Group's stock was trading at $158.43 at the beginning of the year. Since then, AMG shares have decreased by 16.1% and is now trading at $132.86.
View the best growth stocks for 2023 here
.

Are investors shorting Affiliated Managers Group?

Affiliated Managers Group saw a drop in short interest in August. As of August 31st, there was short interest totaling 632,500 shares, a drop of 7.3% from the August 15th total of 682,400 shares. Based on an average daily volume of 250,700 shares, the days-to-cover ratio is currently 2.5 days. Currently, 1.8% of the shares of the company are short sold.
View Affiliated Managers Group's Short Interest
.

When is Affiliated Managers Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, November 6th 2023.
View our AMG earnings forecast
.

How were Affiliated Managers Group's earnings last quarter?

Affiliated Managers Group, Inc. (NYSE:AMG) released its earnings results on Wednesday, July, 26th. The asset manager reported $4.45 earnings per share for the quarter, beating the consensus estimate of $4.23 by $0.22. The asset manager earned $512.50 million during the quarter, compared to analyst estimates of $540.32 million. Affiliated Managers Group had a trailing twelve-month return on equity of 18.93% and a net margin of 53.54%. Affiliated Managers Group's revenue was down 15.2% on a year-over-year basis. During the same quarter in the prior year, the firm posted $4.03 EPS.

How often does Affiliated Managers Group pay dividends? What is the dividend yield for Affiliated Managers Group?

Affiliated Managers Group announced a quarterly dividend on Wednesday, July 26th. Stockholders of record on Monday, August 7th will be paid a dividend of $0.01 per share on Monday, August 21st. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.03%. The ex-dividend date of this dividend is Friday, August 4th.
Read our dividend analysis for AMG
.

What ETFs hold Affiliated Managers Group's stock?
Is Affiliated Managers Group a good dividend stock?

Affiliated Managers Group (NYSE:AMG) pays an annual dividend of $0.04 per share and currently has a dividend yield of 0.03%. The dividend payout ratio is 0.15%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, AMG will have a dividend payout ratio of 0.20% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for AMG.

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.

What other stocks do shareholders of Affiliated Managers Group own?

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

What is Affiliated Managers Group's stock symbol?

Affiliated Managers Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "AMG."

Who are Affiliated Managers Group's major shareholders?

Affiliated Managers Group's stock is owned by a number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (9.62%), State Street Corp (3.60%), Ariel Investments LLC (3.04%), Kiltearn Partners LLP (2.25%), Dimensional Fund Advisors LP (2.24%) and Geode Capital Management LLC (1.69%). Insiders that own company stock include Dwight D Churchill, Jay C Horgen, Jay C Horgen, John R Erickson, Reuben Jeffery III and Tracy P Palandjian.
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Affiliated Managers Group's stock price today?

One share of AMG stock can currently be purchased for approximately $132.86.

How much money does Affiliated Managers Group make?

Affiliated Managers Group (NYSE:AMG) has a market capitalization of $4.66 billion and generates $2.33 billion in revenue each year. The asset manager earns $1.15 billion in net income (profit) each year or $26.92 on an earnings per share basis.

How many employees does Affiliated Managers Group have?

The company employs 3,950 workers across the globe.

How can I contact Affiliated Managers Group?

Affiliated Managers Group's mailing address is 777 South Flagler Drive SUITE 1201 EAST TOWER, West Palm Beach FL, 33401. The official website for the company is www.amg.com. The asset manager can be reached via phone at (800) 345-1100, via email at ir@amg.com, or via fax at 617-747-3380.

This page (NYSE:AMG) was last updated on 9/26/2023 by MarketBeat.com Staff

My Account -