Affiliated Managers Group - AMG Stock Forecast, Price & News

5 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 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" AMG shares.
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5 brokers have issued 1-year price targets for Affiliated Managers Group's shares. Their AMG share price forecasts range from $150.00 to $222.00. On average, they anticipate the company's share price to reach $176.20 in the next twelve months. This suggests a possible upside of 26.0% from the stock's current price.
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Affiliated Managers Group's stock was trading at $164.51 at the beginning of the year. Since then, AMG stock has decreased by 15.0% and is now trading at $139.85.
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Affiliated Managers Group saw a drop in short interest in the month of June. As of June 30th, there was short interest totaling 741,400 shares, a drop of 20.7% from the June 15th total of 934,700 shares. Based on an average daily trading volume, of 260,600 shares, the days-to-cover ratio is presently 2.8 days. Currently, 1.9% of the shares of the company are short sold.
View Affiliated Managers Group's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Monday, November 7th 2022.
View our AMG earnings forecast.

Affiliated Managers Group, Inc. (NYSE:AMG) issued its quarterly earnings results on Monday, August, 1st. The asset manager reported $4.03 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.95 by $0.08. Affiliated Managers Group had a trailing twelve-month return on equity of 21.89% and a net margin of 22.69%. During the same quarter in the prior year, the company posted $4.03 EPS.

Affiliated Managers Group announced a quarterly dividend on Tuesday, August 2nd. Investors of record on Thursday, August 11th will be paid a dividend of $0.01 per share on Thursday, August 25th. This represents a $0.04 dividend on an annualized basis and a yield of 0.03%. The ex-dividend date is Wednesday, August 10th.
Read our dividend analysis for AMG.

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 0.30%. 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.

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.

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).

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

Affiliated Managers Group's stock is owned by a variety of retail and institutional investors. Top institutional investors include Clarkston Capital Partners LLC (5.20%), FMR LLC (4.14%), Kiltearn Partners LLP (3.21%), JPMorgan Chase & Co. (1.81%), Victory Capital Management Inc. (0.93%) and Northern Trust Corp (0.94%). Insiders that own company stock include Dwight D Churchill, Dwight D Churchill, Hugh Cutler, Jay C Horgen, Jay C Horgen, Jide James Zeitlin, John R Erickson, Nathaniel Dalton, Patrick T Ryan, Reuben Jeffery III, Samuel T Byrne, Thomas M Wojcik, Tracy A Atkinson and Tracy P Palandjian.
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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.
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One share of AMG stock can currently be purchased for approximately $139.85.

Affiliated Managers Group (NYSE:AMG) has a market capitalization of $5.35 billion and generates $2.41 billion in revenue each year. The asset manager earns $565.70 million in net income (profit) each year or $13.29 on an earnings per share basis.

The company employs 4,050 workers across the globe.

Affiliated Managers Group was founded in 1993.

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.