Affiliated Managers Group Stock Forecast, Price & News

Affiliated Managers Group's stock was trading at $61.50 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, AMG shares have increased by 48.2% and is now trading at $91.13.
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6 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 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for Affiliated Managers Group.

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Affiliated Managers Group is scheduled to release its next quarterly earnings announcement on Monday, February 1st 2021.
View our earnings forecast for Affiliated Managers Group.

Affiliated Managers Group, Inc. (NYSE:AMG) announced its quarterly earnings data on Saturday, October, 31st. The asset manager reported $3.27 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $2.85 by $0.42. The asset manager had revenue of $494.80 million for the quarter, compared to analyst estimates of $469.16 million. Affiliated Managers Group had a net margin of 5.37% and a return on equity of 19.15%. The business's revenue for the quarter was down 9.9% on a year-over-year basis. During the same period in the previous year, the business posted $3.16 earnings per share.
View Affiliated Managers Group's earnings history.

Affiliated Managers Group announced a quarterly dividend on Monday, October 26th. Stockholders of record on Thursday, November 5th will be given a dividend of $0.01 per share on Friday, November 20th. This represents a $0.04 dividend on an annualized basis and a yield of 0.04%. The ex-dividend date of this dividend is Wednesday, November 4th.
View Affiliated Managers Group's dividend history.

6 brokers have issued 12 month price objectives for Affiliated Managers Group's shares. Their forecasts range from $66.50 to $89.00. On average, they anticipate Affiliated Managers Group's stock price to reach $77.08 in the next year. This suggests that the stock has a possible downside of 15.4%.
View analysts' price targets for Affiliated Managers Group.

Affiliated Managers Group saw a drop in short interest in October. As of October 15th, there was short interest totaling 1,650,000 shares, a drop of 27.0% from the September 30th total of 2,260,000 shares. Based on an average daily trading volume, of 391,400 shares, the short-interest ratio is currently 4.2 days. Approximately 3.6% of the company's stock are short sold.
View Affiliated Managers Group's Short Interest.

Some companies that are related to Affiliated Managers Group include BlackRock (BLK), The 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), Eaton Vance (EV), Invesco (IVZ), Ares Capital (ARCC), Cohen & Steers (CNS), Golub Capital BDC (GBDC), Main Street Capital (MAIN) and Prospect Capital (PSEC).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Affiliated Managers Group investors own include NVIDIA (NVDA), The Boeing (BA), Micron Technology (MU), QUALCOMM (QCOM), The 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 number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (8.49%), Kiltearn Partners LLP (3.77%), State Street Corp (3.32%), ACR Alpine Capital Research LLC (3.10%), Southeastern Asset Management Inc. TN (3.09%) and LGT Capital Partners LTD. (2.94%). 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, Reuben Jeffery III, Samuel T Byrne, Thomas M Wojcik, Tracy A Atkinson 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 BlackRock Inc., Kiltearn Partners LLP, Connor Clark & Lunn Investment Management Ltd., Arrowstreet Capital Limited Partnership, Truist Financial Corp, Blair William & Co. IL, Polar Capital LLP, and Polar Capital LLP.
View insider buying and selling activity for Affiliated Managers Group.

AMG stock was acquired by a variety of institutional investors in the last quarter, including Jupiter Asset Management Ltd., LGT Capital Partners LTD., First Trust Advisors LP, Great West Life Assurance Co. Can, Voloridge Investment Management LLC, JPMorgan Chase & Co., Alaska Permanent Fund Corp, and Cubist Systematic Strategies LLC. Company insiders that have bought Affiliated Managers Group stock in the last two years include Dwight D Churchill, Hugh Cutler, Jay C Horgen, Reuben Jeffery III, Samuel T Byrne, Thomas M Wojcik, and Tracy A Atkinson.
View insider buying and selling activity 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 $91.13.

Affiliated Managers Group has a market capitalization of $4.13 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 4,000 workers across the globe.

The official website for Affiliated Managers Group is 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]