NYSE:AMGAffiliated Managers Group Stock Price, Forecast & News

Affiliated Managers Group's stock was trading at $61.50 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, AMG stock has increased by 18.5% and is now trading at $72.90. View which stocks have been most impacted by Coronavirus.

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.

Affiliated Managers Group is scheduled to release its next quarterly earnings announcement on Monday, August 3rd 2020. View our earnings forecast for Affiliated Managers Group.

Affiliated Managers Group, Inc. (NYSE:AMG) announced its quarterly earnings data on Monday, April, 27th. The asset manager reported $3.16 earnings per share for the quarter, beating the Zacks' consensus estimate of $3.08 by $0.08. The asset manager had revenue of $543.10 million for the quarter, compared to the consensus estimate of $496.33 million. Affiliated Managers Group had a return on equity of 19.43% and a net margin of 9.12%. The company's revenue was up 7.1% on a year-over-year basis. During the same period in the previous year, the business posted $3.26 earnings per share. View Affiliated Managers Group's earnings history.

Affiliated Managers Group declared a quarterly dividend on Tuesday, April 28th. Shareholders of record on Thursday, May 7th will be paid a dividend of $0.01 per share on Thursday, May 21st. This represents a $0.04 dividend on an annualized basis and a yield of 0.05%. The ex-dividend date of this dividend is Wednesday, May 6th. View Affiliated Managers Group's dividend history.

6 Wall Street analysts have issued twelve-month price targets for Affiliated Managers Group's stock. Their forecasts range from $48.00 to $75.00. On average, they expect Affiliated Managers Group's stock price to reach $64.25 in the next twelve months. This suggests that the stock has a possible downside of 11.9%. View analysts' price targets for Affiliated Managers Group.

Media coverage about AMG stock has trended negative on Thursday, InfoTrie Sentiment Analysis reports. The research group rates the sentiment of media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Affiliated Managers Group earned a news sentiment score of -2.1 on InfoTrie's scale. They also assigned press coverage about the asset manager a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View the latest news about Affiliated Managers Group.

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), Legg Mason (LM), Eaton Vance (EV), Cohen & Steers (CNS), Federated Investors (FII) and Main Street Capital (MAIN). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Affiliated Managers Group investors own include NVIDIA (NVDA), Boeing (BA), Gilead Sciences (GILD), Netflix (NFLX), Starbucks (SBUX), Allergan (AGN), Bank of America (BAC), Walt Disney (DIS), Micron Technology (MU) and QUALCOMM (QCOM).

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 retail and institutional investors. Top institutional investors include Envestnet Asset Management Inc. (0.16%). 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 and Tracy P Palandjian. View institutional ownership trends for Affiliated Managers Group.

AMG stock was purchased by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc.. 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, and Thomas M Wojcik. 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 $72.90.

Affiliated Managers Group has a market capitalization of $3.44 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]