Affiliated Managers Group - AMG Stock Forecast, Price & News

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Affiliated Managers Group in the last twelve months. There are currently 7 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" AMG shares.
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7 brokers 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 share price to reach $185.21 in the next year. This suggests a possible upside of 38.9% from the stock's current price.
View analysts price targets for AMG or view top-rated stocks among Wall Street analysts.

Affiliated Managers Group's stock was trading at $158.43 at the beginning of the year. Since then, AMG shares have decreased by 15.8% and is now trading at $133.32.
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Affiliated Managers Group saw a decrease in short interest in February. As of February 28th, there was short interest totaling 1,410,000 shares, a decrease of 5.4% from the February 13th total of 1,490,000 shares. Based on an average trading volume of 288,000 shares, the short-interest ratio is currently 4.9 days. Approximately 4.0% of the company's shares are sold short.
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The company is scheduled to release its next quarterly earnings announcement on Monday, May 1st 2023.
View our AMG earnings forecast.

Affiliated Managers Group, Inc. (NYSE:AMG) issued its quarterly earnings data on Monday, February, 6th. The asset manager reported $7.28 earnings per share for the quarter, beating the consensus estimate of $7.03 by $0.25. The asset manager earned $539.60 million during the quarter, compared to the consensus estimate of $599.42 million. Affiliated Managers Group had a trailing twelve-month return on equity of 21.29% and a net margin of 49.18%. During the same period last year, the company posted $6.10 earnings per share.

Affiliated Managers Group declared a quarterly dividend on Monday, February 6th. Shareholders of record on Thursday, February 16th will be given a dividend of $0.01 per share on Thursday, March 2nd. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.03%. The ex-dividend date is Wednesday, February 15th.
Read our dividend analysis for AMG.

ETFs with the largest weight of Affiliated Managers Group (NYSE:AMG) stock in their portfolio include Gabelli Financial Services Opportunities ETF (GABF), SPDR S&P Capital Markets ETF (KCE), First Trust Financial AlphaDEX Fund (FXO), LeaderShares AlphaFactor US Core Equity ETF (LSAF), Fidelity Blue Chip Value ETF (FBCV), SEI Enhanced U.S. Large Cap Value Factor ETF (SEIV), BlackRock Future U.S. Themes ETF (BTHM) and VanEck Morningstar SMID Moat ETF (SMOT).

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 0.15%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, AMG will have a dividend payout ratio of 0.18% 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 variety of institutional and retail investors. Top institutional investors include EdgePoint Investment Group Inc. (8.20%), Morgan Stanley (7.36%), Ariel Investments LLC (3.00%), Southeastern Asset Management Inc. TN (2.47%), Kiltearn Partners LLP (2.25%) and Dimensional Fund Advisors LP (2.07%). Insiders that own company stock include Dwight D Churchill, Dwight D Churchill, Jay C Horgen, Jay C Horgen, John R Erickson, Reuben Jeffery III, 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 $133.32.

Affiliated Managers Group (NYSE:AMG) has a market capitalization of $4.78 billion and generates $2.33 billion in revenue each year. The asset manager earns $1.15 billion in net income (profit) each year or $26.32 on an earnings per share basis.

The company employs 3,950 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.