Affiliated Managers Group - AMG Stock Forecast, Price & News

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Affiliated Managers Group in the last year. There are currently 1 hold rating and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" AMG shares.
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5 equities research analysts have issued 1 year price objectives for Affiliated Managers Group's shares. Their AMG share price forecasts range from $150.00 to $222.00. On average, they predict the company's share price to reach $176.20 in the next twelve months. This suggests a possible upside of 52.8% 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 stock has decreased by 29.9% and is now trading at $115.29.
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Affiliated Managers Group saw a increase in short interest during the month of August. As of August 31st, there was short interest totaling 700,000 shares, an increase of 16.9% from the August 15th total of 599,000 shares. Based on an average trading volume of 249,400 shares, the days-to-cover ratio is currently 2.8 days. Approximately 1.9% of the company's shares are short sold.
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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) issued its quarterly earnings results on Monday, August, 1st. The asset manager reported $4.03 EPS for the quarter, topping analysts' consensus estimates of $3.95 by $0.08. Affiliated Managers Group had a net margin of 22.69% and a trailing twelve-month return on equity of 21.89%. During the same period in the previous year, the firm posted $4.03 earnings per share.

Affiliated Managers Group declared a quarterly dividend on Tuesday, August 2nd. Stockholders 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 annualized dividend and a dividend 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 0.21% 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 institutional and retail investors. Top institutional investors include Clarkston Capital Partners LLC (5.20%), Southeastern Asset Management Inc. TN (4.59%), FMR LLC (4.14%), State Street Corp (3.42%), Kiltearn Partners LLP (3.21%) and JPMorgan Chase & Co. (1.81%). 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, 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 $115.29.

Affiliated Managers Group (NYSE:AMG) has a market capitalization of $4.41 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'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.