S&P 500   4,244.09 (-0.69%)
DOW   33,342.14 (-0.82%)
QQQ   352.33 (-0.53%)
AAPL   169.50 (-1.43%)
MSFT   310.45 (-0.54%)
META   297.26 (-0.57%)
GOOGL   129.39 (+0.64%)
AMZN   125.17 (-0.64%)
TSLA   235.65 (-3.47%)
NVDA   418.16 (-0.23%)
NIO   8.31 (-1.19%)
BABA   85.54 (-0.43%)
AMD   96.96 (+1.04%)
T   14.81 (-1.40%)
F   12.26 (-1.37%)
MU   67.05 (-1.31%)
CGC   0.87 (-5.88%)
GE   110.50 (+0.52%)
DIS   79.32 (-0.91%)
AMC   7.70 (-2.65%)
PFE   31.91 (-1.51%)
PYPL   56.78 (-3.65%)
NFLX   377.40 (-0.49%)
S&P 500   4,244.09 (-0.69%)
DOW   33,342.14 (-0.82%)
QQQ   352.33 (-0.53%)
AAPL   169.50 (-1.43%)
MSFT   310.45 (-0.54%)
META   297.26 (-0.57%)
GOOGL   129.39 (+0.64%)
AMZN   125.17 (-0.64%)
TSLA   235.65 (-3.47%)
NVDA   418.16 (-0.23%)
NIO   8.31 (-1.19%)
BABA   85.54 (-0.43%)
AMD   96.96 (+1.04%)
T   14.81 (-1.40%)
F   12.26 (-1.37%)
MU   67.05 (-1.31%)
CGC   0.87 (-5.88%)
GE   110.50 (+0.52%)
DIS   79.32 (-0.91%)
AMC   7.70 (-2.65%)
PFE   31.91 (-1.51%)
PYPL   56.78 (-3.65%)
NFLX   377.40 (-0.49%)
S&P 500   4,244.09 (-0.69%)
DOW   33,342.14 (-0.82%)
QQQ   352.33 (-0.53%)
AAPL   169.50 (-1.43%)
MSFT   310.45 (-0.54%)
META   297.26 (-0.57%)
GOOGL   129.39 (+0.64%)
AMZN   125.17 (-0.64%)
TSLA   235.65 (-3.47%)
NVDA   418.16 (-0.23%)
NIO   8.31 (-1.19%)
BABA   85.54 (-0.43%)
AMD   96.96 (+1.04%)
T   14.81 (-1.40%)
F   12.26 (-1.37%)
MU   67.05 (-1.31%)
CGC   0.87 (-5.88%)
GE   110.50 (+0.52%)
DIS   79.32 (-0.91%)
AMC   7.70 (-2.65%)
PFE   31.91 (-1.51%)
PYPL   56.78 (-3.65%)
NFLX   377.40 (-0.49%)
S&P 500   4,244.09 (-0.69%)
DOW   33,342.14 (-0.82%)
QQQ   352.33 (-0.53%)
AAPL   169.50 (-1.43%)
MSFT   310.45 (-0.54%)
META   297.26 (-0.57%)
GOOGL   129.39 (+0.64%)
AMZN   125.17 (-0.64%)
TSLA   235.65 (-3.47%)
NVDA   418.16 (-0.23%)
NIO   8.31 (-1.19%)
BABA   85.54 (-0.43%)
AMD   96.96 (+1.04%)
T   14.81 (-1.40%)
F   12.26 (-1.37%)
MU   67.05 (-1.31%)
CGC   0.87 (-5.88%)
GE   110.50 (+0.52%)
DIS   79.32 (-0.91%)
AMC   7.70 (-2.65%)
PFE   31.91 (-1.51%)
PYPL   56.78 (-3.65%)
NFLX   377.40 (-0.49%)
NYSE:AMG

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

$131.43
-0.30 (-0.23%)
(As of 01:30 PM ET)
Compare
Today's Range
$131.26
$132.75
50-Day Range
$129.58
$162.48
52-Week Range
$108.12
$180.63
Volume
62,240 shs
Average Volume
263,841 shs
Market Capitalization
$4.61 billion
P/E Ratio
4.88
Dividend Yield
0.03%
Price Target
$180.08

Affiliated Managers Group MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.83 Rating Score
Upside/​Downside
37.0% Upside
$180.08 Price Target
Short Interest
Healthy
1.97% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-0.48
Upright™ Environmental Score
News Sentiment
1.06mentions of Affiliated Managers Group in the last 14 days
Based on 5 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.

2.84 out of 5 stars

Finance Sector

88th out of 842 stocks

Investment Advice Industry

6th out of 50 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
The "Plug and Play" Model Putting Online Giants to Shame
While e-commerce has been undergoing a turbulent time, a "simple" model has grown 4X faster than Amazon over the last 3 years. Applying this model to high-margin, recession-resistant businesses has shown to be profitable. But that's just the beginning of explaining the 400+% growth - and potential - of this "diamond in the rough."
AMG Completes Investment in Forbion
The "Plug and Play" Model Putting Online Giants to Shame
While e-commerce has been undergoing a turbulent time, a "simple" model has grown 4X faster than Amazon over the last 3 years. Applying this model to high-margin, recession-resistant businesses has shown to be profitable. But that's just the beginning of explaining the 400+% growth - and potential - of this "diamond in the rough."
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
9/27/2023
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
+37.0%
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
$22.82 per share
Book Value
$110.85 per share

Miscellaneous

Free Float
34,665,000
Market Cap
$4.61 billion
Optionable
Optionable
Beta
1.33

Social Links

7 AI Stocks to Invest In: An Introduction to AI Investing For Self-Directed Investors Cover

As the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.

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 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 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 equities research analysts have issued twelve-month price objectives for Affiliated Managers Group's stock. Their AMG share price forecasts range from $163.50 to $192.00. On average, they anticipate the company's stock price to reach $180.08 in the next twelve months. This suggests a possible upside of 37.0% 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 start of the year. Since then, AMG shares have decreased by 17.0% and is now trading at $131.43.
View the best growth stocks for 2023 here
.

Are investors shorting Affiliated Managers Group?

Affiliated Managers Group saw a increase in short interest in September. As of September 15th, there was short interest totaling 679,600 shares, an increase of 7.4% from the August 31st total of 632,500 shares. Based on an average daily volume of 249,100 shares, the short-interest ratio is presently 2.7 days. Currently, 2.0% 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) announced its earnings results on Wednesday, July, 26th. The asset manager reported $4.45 EPS for the quarter, topping the consensus estimate of $4.23 by $0.22. The asset manager had revenue of $512.50 million for the quarter, compared to analysts' expectations of $540.32 million. Affiliated Managers Group had a net margin of 53.54% and a trailing twelve-month return on equity of 18.93%. Affiliated Managers Group's quarterly revenue was down 15.2% compared to the same quarter last year. During the same period in the previous year, the firm posted $4.03 earnings per share.

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. Investors of record on Monday, August 7th will be given 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 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 many different 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 $131.43.

How much money does Affiliated Managers Group make?

Affiliated Managers Group (NYSE:AMG) has a market capitalization of $4.61 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 9/27/2023 by MarketBeat.com Staff

My Account -