S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
Buffett's firm reports $44B loss but its businesses thrive
Musk says Twitter deal could move ahead with 'bot' info
Dems' climate, energy, tax bill clears initial Senate hurdle
Demand for grocery delivery cools as food costs rise
China July exports rise, with trade surplus at record-high
Shift in war's front seen as ships cleared to leave Ukraine
Dems push Biden climate, health priorities toward Senate OK
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
Buffett's firm reports $44B loss but its businesses thrive
Musk says Twitter deal could move ahead with 'bot' info
Dems' climate, energy, tax bill clears initial Senate hurdle
Demand for grocery delivery cools as food costs rise
China July exports rise, with trade surplus at record-high
Shift in war's front seen as ships cleared to leave Ukraine
Dems push Biden climate, health priorities toward Senate OK
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
Buffett's firm reports $44B loss but its businesses thrive
Musk says Twitter deal could move ahead with 'bot' info
Dems' climate, energy, tax bill clears initial Senate hurdle
Demand for grocery delivery cools as food costs rise
China July exports rise, with trade surplus at record-high
Shift in war's front seen as ships cleared to leave Ukraine
Dems push Biden climate, health priorities toward Senate OK
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
Buffett's firm reports $44B loss but its businesses thrive
Musk says Twitter deal could move ahead with 'bot' info
Dems' climate, energy, tax bill clears initial Senate hurdle
Demand for grocery delivery cools as food costs rise
China July exports rise, with trade surplus at record-high
Shift in war's front seen as ships cleared to leave Ukraine
Dems push Biden climate, health priorities toward Senate OK
NYSE:AMG

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

$129.81
-0.95 (-0.73%)
(As of 08/5/2022 12:00 AM ET)
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Compare
Today's Range
$129.07
$131.13
50-Day Range
$112.88
$138.37
52-Week Range
$109.57
$191.62
Volume
236,312 shs
Average Volume
269,208 shs
Market Capitalization
$5.06 billion
P/E Ratio
9.77
Dividend Yield
0.03%
Price Target
$174.40

Affiliated Managers Group MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.80 Rating Score
Upside/​Downside
34.4% Upside
$174.40 Price Target
Short Interest
Healthy
1.70% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-0.48
Upright™ Environmental Score
News Sentiment
0.30mentions of Affiliated Managers Group in the last 14 days
Based on 27 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
6.02%
From $18.61 to $19.73 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.87 out of 5 stars

Finance Sector

158th out of 1,176 stocks

Investment Advice Industry

13th out of 54 stocks

Affiliated Managers Group logo

About Affiliated Managers Group (NYSE:AMG) Stock

Affiliated Managers Group, Inc., through its affiliates, operates as an asset management company providing investment management services to mutual funds, institutional clients, and high net worth individuals in the United States. It provides advisory or subadvisory services to mutual funds. These funds are distributed to retail 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.

Affiliated Managers Group Stock Performance

NYSE:AMG traded down $0.95 on Friday, reaching $129.81. 236,312 shares of the stock traded hands, compared to its average volume of 269,208. The company has a fifty day moving average price of $123.01 and a 200-day moving average price of $131.39. The company has a market cap of $5.06 billion, a price-to-earnings ratio of 9.77, a PEG ratio of 0.74 and a beta of 1.31. Affiliated Managers Group has a 12 month low of $109.57 and a 12 month high of $191.62.

Affiliated Managers Group (NYSE:AMG - Get Rating) last issued its earnings results on Monday, August 1st. The asset manager reported $4.03 earnings per share for the quarter, beating analysts' consensus estimates of $3.95 by $0.08. Affiliated Managers Group had a return on equity of 21.89% and a net margin of 22.69%. During the same quarter last year, the firm posted $4.03 earnings per share. As a group, research analysts anticipate that Affiliated Managers Group will post 18.61 earnings per share for the current fiscal year.

Affiliated Managers Group Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, August 25th. Shareholders of record on Thursday, August 11th will be given a dividend of $0.01 per share. This represents a $0.04 dividend on an annualized basis and a yield of 0.03%. The ex-dividend date is Wednesday, August 10th. Affiliated Managers Group's dividend payout ratio (DPR) is presently 0.30%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on the company. StockNews.com raised Affiliated Managers Group from a "hold" rating to a "buy" rating in a research note on Thursday, July 7th. Deutsche Bank Aktiengesellschaft raised their price target on Affiliated Managers Group from $133.00 to $154.00 in a research note on Tuesday, August 2nd. Keefe, Bruyette & Woods decreased their price target on Affiliated Managers Group from $167.00 to $150.00 and set an "outperform" rating for the company in a research note on Tuesday, June 28th. Barrington Research decreased their price target on Affiliated Managers Group from $190.00 to $160.00 in a research note on Monday, May 2nd. Finally, Citigroup decreased their price target on Affiliated Managers Group from $241.00 to $222.00 in a research note on Tuesday, May 3rd. One equities research analyst has rated the stock with a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $174.40.

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AMG Stock News Headlines

Affiliated Managers Group (NYSE:AMG) PT Lowered to $133.00
Is it a Wise Choice to Invest in AMG?
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AMG Company Calendar

Ex-Dividend for 5/26 Dividend
5/11/2022
Dividend Payable
5/26/2022
Last Earnings
8/01/2022
Today
8/07/2022
Ex-Dividend for 8/25 Dividend
8/10/2022
Dividend Payable
8/25/2022
Next Earnings (Estimated)
11/07/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Investment advice
Sub-Industry
Asset Management & Custody Banks
Sector
Finance
CUSIP
00825210
Employees
4,050
Year Founded
1993

Price Target and Rating

Average Stock Price Forecast
$174.40
High Stock Price Forecast
$222.00
Low Stock Price Forecast
$150.00
Forecasted Upside/Downside
+34.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.80
Research Coverage
5 Analysts

Profitability

Net Income
$565.70 million
Pretax Margin
44.70%

Debt

Sales & Book Value

Annual Sales
$2.41 billion
Cash Flow
$20.47 per share
Book Value
$93.49 per share

Miscellaneous

Free Float
38,551,000
Market Cap
$5.06 billion
Optionable
Optionable
Beta
1.31

Social Links















AMG Stock - Frequently Asked Questions

Should I buy or sell Affiliated Managers Group stock right now?

5 Wall Street research 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 research analysts is that investors should "buy" Affiliated Managers Group stock.
View analyst ratings for Affiliated Managers Group
or view top-rated stocks.

What is Affiliated Managers Group's stock price forecast for 2022?

5 analysts have issued 1-year price objectives for Affiliated Managers Group's shares. Their AMG stock forecasts range from $150.00 to $222.00. On average, they predict Affiliated Managers Group's share price to reach $174.40 in the next year. This suggests a possible upside of 34.4% from the stock's current price.
View analysts' price targets for Affiliated Managers Group
or view top-rated stocks among Wall Street analysts.

How has Affiliated Managers Group's stock performed in 2022?

Affiliated Managers Group's stock was trading at $164.51 at the beginning of the year. Since then, AMG stock has decreased by 21.1% and is now trading at $129.81.
View the best growth stocks for 2022 here
.

Are investors shorting Affiliated Managers Group?

Affiliated Managers Group saw a decline in short interest in the month of June. As of June 30th, there was short interest totaling 741,400 shares, a decline 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. Approximately 1.9% of the company's stock are short sold.
View Affiliated Managers Group's Short Interest
.

When is Affiliated Managers Group's next earnings date?

Affiliated Managers Group is scheduled to release its next quarterly earnings announcement on Monday, November 7th 2022.
View our earnings forecast for Affiliated Managers Group
.

How were Affiliated Managers Group's earnings last quarter?

Affiliated Managers Group, Inc. (NYSE:AMG) posted its quarterly earnings results on Monday, August, 1st. The asset manager reported $4.03 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 last year, the business 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 declared 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 dividend yield of 0.03%. The ex-dividend date of this dividend is Wednesday, August 10th.
View Affiliated Managers Group's dividend history
.

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 of Affiliated Managers Group is 0.30%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Affiliated Managers Group will have a dividend payout ratio of 0.20% next year. This indicates that Affiliated Managers Group will be able to sustain or increase its dividend.
View Affiliated Managers Group's dividend history.

What is Sean M. Healey's approval rating as Affiliated Managers Group's CEO?

7 employees have rated Affiliated Managers Group CEO Sean M. Healey on Glassdoor.com. Sean M. Healey has an approval rating of 85% among Affiliated Managers Group'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 institutional and retail investors. Top institutional shareholders include Victory Capital Management Inc. (0.93%), Bruni J V & Co. Co. (0.81%), LGT Capital Partners LTD. (0.60%), Reinhart Partners Inc. (0.30%), Los Angeles Capital Management LLC (0.28%) and Hallmark Capital Management Inc. (0.25%). Company insiders that own Affiliated Managers Group 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.
View institutional ownership trends for Affiliated Managers Group
.

How do I buy shares of 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 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 $129.81.

How much money does Affiliated Managers Group make?

Affiliated Managers Group (NYSE:AMG) has a market capitalization of $5.06 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.

How many employees does Affiliated Managers Group have?

Affiliated Managers Group employs 4,050 workers across the globe.

When was Affiliated Managers Group founded?

Affiliated Managers Group was founded in 1993.

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 Affiliated Managers Group 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 8/7/2022 by MarketBeat.com Staff

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