NYSE:AMG - Affiliated Managers Group Stock Price, Forecast & News

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

Affiliated Managers Group announced a quarterly dividend on Monday, February 3rd. Investors of record on Thursday, February 13th will be given a dividend of $0.32 per share on Thursday, February 27th. This represents a $1.28 annualized dividend and a yield of 1.57%. The ex-dividend date of this dividend is Wednesday, February 12th. View Affiliated Managers Group's Dividend History.

Affiliated Managers Group, Inc. (NYSE:AMG) posted its quarterly earnings data on Monday, February, 3rd. The asset manager reported $4.52 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.03 by $0.49. The asset manager had revenue of $555.50 million for the quarter, compared to analyst estimates of $537.57 million. Affiliated Managers Group had a return on equity of 19.58% and a net margin of 0.70%. During the same quarter in the previous year, the company posted $3.53 EPS. View Affiliated Managers Group's Earnings History.

Affiliated Managers Group is scheduled to release their next quarterly earnings announcement on Monday, May 4th 2020. View Earnings Estimates for Affiliated Managers Group.

5 brokerages have issued 1 year price objectives for Affiliated Managers Group's stock. Their forecasts range from $75.00 to $100.00. On average, they expect Affiliated Managers Group's stock price to reach $88.40 in the next twelve months. This suggests a possible upside of 8.2% from the stock's current price. View Analyst Price Targets for Affiliated Managers Group.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Affiliated Managers Group in the last year. There are currently 1 sell rating, 3 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Affiliated Managers Group.

Press coverage about AMG stock has trended extremely negative recently, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Affiliated Managers Group earned a coverage optimism score of -4.9 on InfoTrie's scale. They also gave news articles about the asset manager a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View News Stories for Affiliated Managers Group.

Affiliated Managers Group saw a decline in short interest in February. As of February 14th, there was short interest totalling 2,080,000 shares, a decline of 16.5% from the January 30th total of 2,490,000 shares. Based on an average daily trading volume, of 706,200 shares, the days-to-cover ratio is currently 2.9 days. Currently, 4.3% of the company's stock are sold short. View Affiliated Managers Group's Current Options Chain.

Some companies that are related to Affiliated Managers Group include BlackRock (BLK), Bank of New York Mellon (BK), T. Rowe Price Group (TROW), State Street (STT), Ameriprise Financial (AMP), Northern Trust (NTRS), Franklin Resources (BEN), SEI Investments (SEIC), Ares Capital (ARCC), Invesco (IVZ), Eaton Vance (EV), Legg Mason (LM), Cohen & Steers (CNS), Federated Investors (FII) and Main Street Capital (MAIN).

Based on aggregate information from My MarketBeat watchlists, some companies that other Affiliated Managers Group investors own include NVIDIA (NVDA), Allergan (AGN), Gilead Sciences (GILD), Micron Technology (MU), Netflix (NFLX), Starbucks (SBUX), Alibaba Group (BABA), Cognizant Technology Solutions (CTSH), Bank of America (BAC) and General Electric (GE).

Affiliated Managers Group's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include FMR LLC (3.56%), State Street Corp (3.42%), Clarkston Capital Partners LLC (3.13%), Kiltearn Partners LLP (2.98%), Prudential Financial Inc. (2.35%) and Lyrical Asset Management LP (2.32%). Company insiders that own Affiliated Managers Group stock include Dwight D Churchill, Hugh Cutler, Jay C Horgen, Jide James Zeitlin, Nathaniel Dalton, Patrick T Ryan, Samuel T Byrne and Tracy P Palandjian. View Institutional Ownership Trends for Affiliated Managers Group.

AMG stock was sold by a variety of institutional investors in the last quarter, including State Street Corp, Janus Henderson Group PLC, Sumitomo Mitsui Trust Holdings Inc., Snow Capital Management LP, Schroder Investment Management Group, Empire Life Investments Inc., Vaughan David Investments LLC IL and Marshall Wace North America L.P.. Company insiders that have sold Affiliated Managers Group company stock in the last year include Jide James Zeitlin, Nathaniel Dalton, Patrick T Ryan and Tracy P Palandjian. 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., FMR LLC, Spyglass Capital Management LLC, Principal Financial Group Inc., Bank of New York Mellon Corp, Swiss National Bank, Man Group plc and Prudential Financial Inc.. Company insiders that have bought Affiliated Managers Group stock in the last two years include Dwight D Churchill, Hugh Cutler, Jay C Horgen and Samuel T Byrne. 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, Robinhood, Fidelity and Charles Schwab.

One share of AMG stock can currently be purchased for approximately $81.68.

Affiliated Managers Group has a market capitalization of $4.02 billion and generates $2.24 billion in revenue each year. The asset manager earns $15.70 million in net income (profit) each year or $14.22 on an earnings per share basis. Affiliated Managers Group employs 4,450 workers across the globe.View Additional Information About Affiliated Managers Group.

The official website for Affiliated Managers Group is http://www.amg.com/.

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]