NYSE:AMG - Affiliated Managers Group Stock Price, Price Target & More

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

Affiliated Managers Group declared a quarterly dividend on Monday, April 30th. Shareholders of record on Thursday, May 10th will be paid a dividend of $0.30 per share on Thursday, May 24th. This represents a $1.20 dividend on an annualized basis and a yield of 0.81%. The ex-dividend date is Wednesday, May 9th. View Affiliated Managers Group's Dividend History.

Affiliated Managers Group declared that its Board of Directors has initiated a share buyback program on Tuesday, January 30th 2018, which allows the company to buyback 3,400,000 shares, according to EventVestor. This buyback authorization allows the company to purchase shares of its stock through open market purchases. Stock buyback programs are generally a sign that the company's management believes its shares are undervalued.

Affiliated Managers Group, Inc. (NYSE:AMG) announced its earnings results on Monday, April, 30th. The asset manager reported $3.92 EPS for the quarter, topping the consensus estimate of $3.89 by $0.03. The asset manager had revenue of $612.40 million for the quarter, compared to analyst estimates of $586.44 million. Affiliated Managers Group had a return on equity of 19.27% and a net margin of 30.34%. The firm's quarterly revenue was up 12.5% compared to the same quarter last year. During the same quarter in the previous year, the business posted $3.21 EPS. View Affiliated Managers Group's Earnings History.

Affiliated Managers Group is scheduled to release their next quarterly earnings announcement on Monday, July, 30th 2018. View Earnings Estimates for Affiliated Managers Group.

7 analysts have issued 1-year target prices for Affiliated Managers Group's stock. Their predictions range from $200.00 to $226.00. On average, they anticipate Affiliated Managers Group's share price to reach $210.7143 in the next twelve months. This suggests a possible upside of 41.8% from the stock's current price. View Analyst Ratings for Affiliated Managers Group.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Affiliated Managers Group in the last year. There are currently 3 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

Some companies that are related to Affiliated Managers Group include Blackstone Group (BX), Leg & Gen Grp P/S (LGGNY), Ameriprise Financial (AMP), Franklin Resources (BEN), KKR & Co. L.P. Unit (KKR), Invesco (IVZ), Apollo Global Management LLC Class A (APO), Lazard (LAZ), Oaktree Capital Group (OAK), Eaton Vance (EV), Janus Henderson Group (JHG), Morningstar (MORN), Evercore (EVR), MAN Grp PLC/ADR (MNGPY) and Houlihan Lokey (HLI).

News headlines about AMG stock have been trending somewhat positive this week, according to Accern Sentiment. The research group identifies positive and negative media coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Affiliated Managers Group earned a daily sentiment score of 0.09 on Accern's scale. They also assigned news articles about the asset manager an impact score of 47.00 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the next few days.

Affiliated Managers Group's stock is owned by many different of institutional and retail investors. Top institutional shareholders include LGT Capital Partners LTD. (0.35%), Scout Investments Inc. (0.18%), Bank of Montreal Can (0.15%), First National Bank of Omaha (0.10%), Forte Capital LLC ADV (0.04%) and Fjarde AP Fonden Fourth Swedish National Pension Fund (0.03%). Company insiders that own Affiliated Managers Group stock include Dwight D Churchill, Jay C Horgen, Patrick T Ryan, Peter W Macewen and Sean M Healey. View Institutional Ownership Trends for Affiliated Managers Group.

AMG stock was sold by a variety of institutional investors in the last quarter, including Bank of Montreal Can, Hartwell J M Limited Partnership, American National Bank and Fjarde AP Fonden Fourth Swedish National Pension Fund. Company insiders that have sold Affiliated Managers Group company stock in the last year include Dwight D Churchill, Jay C Horgen, Patrick T Ryan, Peter W Macewen and Sean M Healey. View Insider Buying and Selling for Affiliated Managers Group.

AMG stock was purchased by a variety of institutional investors in the last quarter, including LGT Capital Partners LTD., Scout Investments Inc., First National Bank of Omaha, State of Alaska Department of Revenue, Cerebellum GP LLC, IFM Investors Pty Ltd and Forte Capital LLC ADV. View Insider Buying and Selling for Affiliated Managers Group.

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

One share of AMG stock can currently be purchased for approximately $148.62.

Affiliated Managers Group has a market capitalization of $8.06 billion and generates $2.31 billion in revenue each year. The asset manager earns $689.50 million in net income (profit) each year or $14.60 on an earnings per share basis. Affiliated Managers Group employs 4,400 workers across the globe.

Affiliated Managers Group's mailing address is 777 South Flagler Drive SUITE 1201 EAST TOWER, West Palm Beach FL, 33401. The asset manager can be reached via phone at 800-345-1100 or via email at [email protected]