Affiliated Managers Group - AMG Stock Forecast, Price & News

5 Wall Street equities 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 equities research analysts is that investors should "buy" AMG shares.
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5 analysts have issued 1 year price targets for Affiliated Managers Group's stock. Their AMG share price forecasts range from $150.00 to $222.00. On average, they anticipate the company's stock price to reach $174.40 in the next twelve months. This suggests a possible upside of 28.9% from the stock's current price.
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Affiliated Managers Group's stock was trading at $164.51 on January 1st, 2022. Since then, AMG shares have decreased by 17.8% and is now trading at $135.25.
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Affiliated Managers Group saw a drop in short interest in 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 trading volume of 260,600 shares, the short-interest ratio is presently 2.8 days. Currently, 1.9% of the shares of the stock are sold short.
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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) posted its 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 period in the previous year, the business earned $4.03 EPS.

Affiliated Managers Group announced a quarterly dividend on Tuesday, August 2nd. Investors of record on Thursday, August 11th will be given a dividend of $0.01 per share on Thursday, August 25th. This represents a $0.04 annualized dividend and a yield of 0.03%. The ex-dividend date of this dividend 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 number of retail and institutional investors. Top institutional shareholders include Clarkston Capital Partners LLC (5.20%), Victory Capital Management Inc. (0.93%), Bruni J V & Co. Co. (0.81%), LGT Capital Partners LTD. (0.60%), Principal Financial Group Inc. (0.39%) and Hancock Whitney Corp (0.30%). 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 $135.25.

Affiliated Managers Group (NYSE:AMG) has a market capitalization of $5.27 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.