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S&P 500   4,549.34
DOW   36,054.43
QQQ   385.05
14 best consumer staples dividend stocks
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Ex dividend date vs record date: What’s the difference?
How to find blue-chip dividend stocks
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
What is the consumer staples sector?
6 best online and direct marketing retail stocks to invest in
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
What does consumer price index measure?
Last chance to set up your portfolio for OPEC cuts
S&P 500   4,549.34
DOW   36,054.43
QQQ   385.05
14 best consumer staples dividend stocks
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Ex dividend date vs record date: What’s the difference?
How to find blue-chip dividend stocks
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
What is the consumer staples sector?
6 best online and direct marketing retail stocks to invest in
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
What does consumer price index measure?
Last chance to set up your portfolio for OPEC cuts
S&P 500   4,549.34
DOW   36,054.43
QQQ   385.05
14 best consumer staples dividend stocks
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Ex dividend date vs record date: What’s the difference?
How to find blue-chip dividend stocks
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
What is the consumer staples sector?
6 best online and direct marketing retail stocks to invest in
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
What does consumer price index measure?
Last chance to set up your portfolio for OPEC cuts

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

$136.58
+0.76 (+0.56%)
(As of 12/6/2023 ET)
Compare
Today's Range
$136.27
$138.26
50-Day Range
$121.49
$137.81
52-Week Range
$120.22
$180.63
Volume
167,367 shs
Average Volume
265,069 shs
Market Capitalization
$4.62 billion
P/E Ratio
4.61
Dividend Yield
0.03%
Price Target
$164.00

Affiliated Managers Group MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
20.1% Upside
$164.00 Price Target
Short Interest
Healthy
1.70% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-0.48
Upright™ Environmental Score
News Sentiment
0.94mentions of Affiliated Managers Group in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
9.85%
From $18.27 to $20.07 Per Share

Overall MarketRank

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

2.71 out of 5 stars

Finance Sector

91st out of 717 stocks

Investment Advice Industry

10th out of 41 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

All the trading advice you’ve ever received boils down to this
All the trading advice you’ve ever received boils down to one goal and one goal only: finding a reliable edge in the markets. If you can do that, grab hold of it and never let go. Because once you have that edge, and you can count on it, you never need to do anything else.
Affiliated Managers Group: Dividend Insights
Company News for Nov 7, 2023
All the trading advice you’ve ever received boils down to this
All the trading advice you’ve ever received boils down to one goal and one goal only: finding a reliable edge in the markets. If you can do that, grab hold of it and never let go. Because once you have that edge, and you can count on it, you never need to do anything else.
Q3 2023 Affiliated Managers Group Inc Earnings Call
AMG Schedule for Third Quarter 2023 Earnings Release
AMG Announces Partnership with Ara Partners
AMG Appoints Loren M. Starr to its Board of Directors
AMG Completes Investment in Forbion
See More Headlines
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Company Calendar

Last Earnings
11/06/2023
Ex-Dividend for 11/30 Dividend
11/15/2023
Dividend Payable
11/30/2023
Today
12/07/2023
Fiscal Year End
12/31/2023
Next Earnings (Estimated)
2/05/2024

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 Target
$164.00
High Stock Price Target
$176.00
Low Stock Price Target
$148.00
Potential Upside/Downside
+20.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
3 Analysts

Profitability

Net Income
$1.15 billion
Pretax Margin
89.57%

Debt

Sales & Book Value

Annual Sales
$2.09 billion
Cash Flow
$23.03 per share
Book Value
$110.85 per share

Miscellaneous

Free Float
33,440,000
Market Cap
$4.62 billion
Optionable
Optionable
Beta
1.29

Social Links

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Key Executives















AMG Stock Analysis - Frequently Asked Questions

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

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Affiliated Managers Group in the last year. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street 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 target for 2024?

3 Wall Street analysts have issued twelve-month price objectives for Affiliated Managers Group's stock. Their AMG share price targets range from $148.00 to $176.00. On average, they predict the company's stock price to reach $164.00 in the next year. This suggests a possible upside of 20.1% 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 13.8% and is now trading at $136.58.
View the best growth stocks for 2023 here
.

Are investors shorting Affiliated Managers Group?

Affiliated Managers Group saw a decrease in short interest in the month of November. As of November 15th, there was short interest totaling 564,400 shares, a decrease of 10.8% from the October 31st total of 632,500 shares. Based on an average trading volume of 252,500 shares, the days-to-cover ratio is currently 2.2 days. Approximately 1.7% of the shares of the stock are sold short.
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, February 5th 2024.
View our AMG earnings forecast
.

How were Affiliated Managers Group's earnings last quarter?

Affiliated Managers Group, Inc. (NYSE:AMG) announced its earnings results on Monday, November, 6th. The asset manager reported $4.08 earnings per share for the quarter, beating analysts' consensus estimates of $3.74 by $0.34. The asset manager earned $525.50 million during the quarter, compared to the consensus estimate of $509.44 million. Affiliated Managers Group had a trailing twelve-month return on equity of 17.65% and a net margin of 59.89%. The firm's revenue was down 9.2% on a year-over-year basis. During the same period in the previous year, the company earned $4.21 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 Monday, November 6th. Stockholders of record on Thursday, November 16th will be paid a dividend of $0.01 per share on Thursday, November 30th. 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 Wednesday, November 15th.
Read our dividend analysis for AMG
.

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 0.14%. 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 ETFs hold Affiliated Managers Group's stock?
What guidance has Affiliated Managers Group issued on next quarter's earnings?

Affiliated Managers Group issued an update on its fourth quarter earnings guidance on Monday, November, 6th. The company provided earnings per share guidance of $5.43-$5.96 for the period, compared to the consensus estimate of $5.14.

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).

Who are Affiliated Managers Group's major shareholders?

Affiliated Managers Group's stock is owned by many different institutional and retail investors. Top institutional shareholders include Morgan Stanley (7.32%), Clarkston Capital Partners LLC (6.42%), FMR LLC (4.68%), Ariel Investments LLC (3.51%), Bank of New York Mellon Corp (1.08%) and Charles Schwab Investment Management Inc. (0.99%). 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.

This page (NYSE:AMG) was last updated on 12/7/2023 by MarketBeat.com Staff

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