NYSE:AMGAffiliated Managers Group Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Affiliated Managers Group, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $68.89 -3.56 (-4.91 %) (As of 05/29/2020 04:00 PM ET) Add Compare Share Today's Range$68.63Now: $68.89▼$72.4350-Day Range$59.82MA: $64.49▼$72.4552-Week Range$44.37Now: $68.89▼$94.07Volume363,400 shsAverage Volume642,998 shsMarket Capitalization$3.25 billionP/E Ratio17.44Dividend Yield0.06%Beta1.58 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media 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. The company was formed as a corporation under the laws of Delaware in 1993. Affiliated Managers Group is based in Prides Crossing, Massachusetts.Read More Beat the Market (BTM) Rank™ 2.1 Analyst's Opinion Consensus RatingAffiliated Managers Group has received a consensus rating of Hold. The company's average rating score is 2.17, and is based on 2 buy ratings, 3 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $64.25, Affiliated Managers Group has a potential downside of 6.7% from its current price of $68.89.Amount of Analyst CoverageAffiliated Managers Group has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.9 Community Rank Outperform VotesAffiliated Managers Group has received 592 “outperform” votes. (Add your “outperform” vote.)Underperform VotesAffiliated Managers Group has received 429 “underperform” votes. (Add your “underperform” vote.)Community SentimentAffiliated Managers Group has received 57.98% “outperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Affiliated Managers Group and other stocks. Vote “Outperform” if you believe AMG will outperform the S&P 500 over the long term. Vote “Underperform” if you believe AMG will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 3.3 Dividend Strength Dividend LeadershipAffiliated Managers Group is a leading dividend payer. It pays a dividend yield of 0.06%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthAffiliated Managers Group has only been increasing its dividend for 2 years.Dividend CoverageThe dividend payout ratio of Affiliated Managers Group is 0.28 %. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Affiliated Managers Group will have a dividend payout ratio of 0.32 % next year. This indicates that Affiliated Managers Group will be able to sustain or increase its dividend. Previous Next 4.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Affiliated Managers Group insiders have bought more of their company's stock than they have sold. Specifically, they have bought $1,957,109.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 1.43% of the stock of Affiliated Managers Group is held by insiders.Percentage Held by Institutions97.87% of the stock of Affiliated Managers Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Affiliated Managers Group are expected to grow by 6.62% in the coming year, from $11.64 to $12.41 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Affiliated Managers Group is 17.44, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 15.35.Price to Earnings Ratio vs. SectorThe P/E ratio of Affiliated Managers Group is 17.44, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 19.16.Price to Earnings Growth RatioAffiliated Managers Group has a PEG Ratio of 0.52. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioAffiliated Managers Group has a P/B Ratio of 0.93. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 2.1Community Rank: 2.9Dividend Strength: 3.3Insider Behavior: 4.0Valuation: 3.1 5 -4 -3 -2 -1 -Overall Beat the Market Rank™3.09 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Investment advice Sub-IndustryAsset Management & Custody Banks SectorFinance Current SymbolNYSE:AMG Previous Symbol CUSIP00825210 CIK1004434 Webwww.amg.com Phone800-345-1100Debt Debt-to-Equity RatioN/A Current Ratio0.42 Quick Ratio0.42Price-To-Earnings Trailing P/E Ratio17.44 Forward P/E Ratio5.92 P/E Growth0.52 Sales & Book Value Annual Sales$2.24 billion Price / Sales1.45 Cash Flow$17.09 per share Price / Cash Flow4.03 Book Value$74.28 per share Price / Book0.93Profitability EPS (Most Recent Fiscal Year)$14.22 Net Income$15.70 million Net Margins9.12% Return on Equity19.43% Return on Assets9.20%Miscellaneous Employees4,000 Outstanding Shares47,238,000Market Cap$3.25 billion Next Earnings Date8/3/2020 (Estimated) OptionableOptionable AMG Rates by TradingView Receive AMG News and Ratings via Email Sign-up to receive the latest news and ratings for AMG and its competitors with MarketBeat's FREE daily newsletter. Affiliated Managers Group (NYSE:AMG) Frequently Asked Questions How has Affiliated Managers Group's stock been impacted by COVID-19 (Coronavirus)? Affiliated Managers Group's stock was trading at $61.50 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, AMG stock has increased by 12.0% and is now trading at $68.89. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Affiliated Managers Group? 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. When is Affiliated Managers Group's next earnings date? 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. How were Affiliated Managers Group's earnings last quarter? Affiliated Managers Group, Inc. (NYSE:AMG) issued its earnings results on Monday, April, 27th. The asset manager reported $3.16 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $3.08 by $0.08. The asset manager earned $543.10 million during 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 firm's quarterly revenue was up 7.1% on a year-over-year basis. During the same period in the previous year, the firm earned $3.26 earnings per share. View Affiliated Managers Group's earnings history. How often does Affiliated Managers Group pay dividends? What is the dividend yield for Affiliated Managers Group? Affiliated Managers Group announced a quarterly dividend on Tuesday, April 28th. Stockholders of record on Thursday, May 7th will be given a dividend of $0.01 per share on Thursday, May 21st. This represents a $0.04 annualized dividend and a yield of 0.06%. The ex-dividend date of this dividend is Wednesday, May 6th. View Affiliated Managers Group's dividend history. What price target have analysts set for AMG? 6 brokerages have issued 12-month price targets for Affiliated Managers Group's shares. 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 year. This suggests that the stock has a possible downside of 6.7%. View analysts' price targets for Affiliated Managers Group. Has Affiliated Managers Group been receiving favorable news coverage? Media stories about AMG stock have been trending very negative this week, InfoTrie Sentiment Analysis reports. The research firm ranks the sentiment of media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Affiliated Managers Group earned a daily sentiment score of -3.5 on InfoTrie's scale. They also assigned news articles about the asset manager a news buzz of 3.0 out of 10, indicating that recent media coverage is unlikely to have an effect on the company's share price in the immediate future. View the latest news aboutAffiliated Managers Group. Are investors shorting Affiliated Managers Group? Affiliated Managers Group saw a drop in short interest during the month of April. As of April 15th, there was short interest totaling 2,030,000 shares, a drop of 8.6% from the March 31st total of 2,220,000 shares. Based on an average trading volume of 745,600 shares, the short-interest ratio is presently 2.7 days. Approximately 4.3% of the company's shares are short sold. View Affiliated Managers Group's Current Options Chain. Who are some of Affiliated Managers Group's key competitors? 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), Eaton Vance (EV), Legg Mason (LM), Invesco (IVZ), Cohen & Steers (CNS), Main Street Capital (MAIN) and Federated Investors (FII). View all competitors. 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), Gilead Sciences (GILD), Netflix (NFLX), Starbucks (SBUX), Allergan (AGN), Bank of America (BAC), Walt Disney (DIS), Micron Technology (MU) and QUALCOMM (QCOM). Who are Affiliated Managers Group's key executives? Affiliated Managers Group's management team includes the following people: Mr. Sean Michael Healey, Exec. Chairman (Age 58)Mr. Nathaniel Dalton, CEO & Director (Age 52)Mr. Jay C. Horgen, Pres, CFO & Treasurer (Age 48)Mr. David M. Billings, Gen. Counsel & Sec. (Age 56)Mr. Hugh Peter Bartholomew Cutler, Exec. VP & Head of Global Distribution (Age 46) 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 EdgePoint Investment Group Inc. (18.08%), BlackRock Inc. (9.65%), Kiltearn Partners LLP (3.76%), State Street Corp (3.56%), ACR Alpine Capital Research LLC (3.33%) and Southeastern Asset Management Inc. TN (2.97%). 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. Which institutional investors are selling Affiliated Managers Group stock? AMG stock was sold by a variety of institutional investors in the last quarter, including The Manufacturers Life Insurance Company , Legal & General Group Plc, Deutsche Bank AG, Lyrical Asset Management LP, JPMorgan Chase & Co., Wells Fargo & Company MN, Principal Financial Group Inc., and Parametric Portfolio Associates LLC. Company insiders that have sold Affiliated Managers Group company stock in the last year include Jide James Zeitlin, Nathaniel Dalton, and Patrick T Ryan. View insider buying and selling activity for Affiliated Managers Group. Which institutional investors are buying Affiliated Managers Group stock? AMG stock was acquired by a variety of institutional investors in the last quarter, including ACR Alpine Capital Research LLC, Oppenheimer Asset Management Inc., EdgePoint Investment Group Inc., Kiltearn Partners LLP, Spyglass Capital Management LLC, APG Asset Management N.V., LGT Capital Partners LTD., and Connor Clark & Lunn Investment Management Ltd.. 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. 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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. What is Affiliated Managers Group's stock price today? One share of AMG stock can currently be purchased for approximately $68.89. How big of a company is Affiliated Managers Group? Affiliated Managers Group has a market capitalization of $3.25 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. What is Affiliated Managers Group's official website? The official website for Affiliated Managers Group is www.amg.com. 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 asset manager can be reached via phone at 800-345-1100 or via email at [email protected] This page was last updated on 5/30/2020 by MarketBeat.com Staff
