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 $65.14 +2.59 (+4.14 %) (As of 04/9/2020 07:19 AM ET) Add Compare Share Today's Range$61.45Now: $65.14▼$65.5550-Day Range$45.15MA: $65.57▼$88.7852-Week Range$44.37Now: $65.14▼$114.64Volume506,828 shsAverage Volume897,206 shsMarket Capitalization$3.12 billionP/E Ratio158.88Dividend Yield2.05%Beta1.57 ProfileAnalyst RatingsAdvanced ChartDividendEarningsFinancialsInsider 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 $68.50, Affiliated Managers Group has a potential upside of 5.2% from its current price of $65.14.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 591 “outperform” votes. (Add your “outperform” vote.)Underperform VotesAffiliated Managers Group has received 423 “underperform” votes. (Add your “underperform” vote.)Community SentimentAffiliated Managers Group has received 58.28% “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 2.05%, 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 9.00 %. 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 9.21 % 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 $2,187,134.00 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 Institutions99.63% 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 2.5 Earnings and Valuation Earnings GrowthEarnings for Affiliated Managers Group are expected to grow by 5.62% in the coming year, from $13.16 to $13.90 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Affiliated Managers Group is 158.88, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 11.70.Price to Earnings Ratio vs. SectorThe P/E ratio of Affiliated Managers Group is 158.88, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 11.23.Price to Earnings Growth RatioAffiliated Managers Group has a PEG Ratio of 0.40. 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 0.92. 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: 2.5 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.96 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 Webhttp://www.amg.com/ Phone800-345-1100Debt Debt-to-Equity RatioN/A Current Ratio0.39 Quick Ratio0.39Price-To-Earnings Trailing P/E Ratio158.88 Forward P/E Ratio4.95 P/E Growth0.4 Sales & Book Value Annual Sales$2.24 billion Price / Sales1.39 Cash Flow$18.72 per share Price / Cash Flow3.48 Book Value$71.02 per share Price / Book0.92Profitability EPS (Most Recent Fiscal Year)$14.22 Net Income$15.70 million Net Margins0.70% Return on Equity19.58% Return on Assets9.37%Miscellaneous Employees4,000 Outstanding Shares47,870,000Market Cap$3.12 billion Next Earnings Date5/4/2020 (Estimated) OptionableOptionable 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. AMG Rates by TradingView 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 Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, AMG stock has increased by 5.9% and is now trading at $65.14. 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, May 4th 2020. View our earnings forecast for Affiliated Managers Group. How were Affiliated Managers Group's earnings last quarter? Affiliated Managers Group, Inc. (NYSE:AMG) released its earnings results on Monday, February, 3rd. The asset manager reported $4.52 EPS for the quarter, topping the consensus estimate of $4.03 by $0.49. The asset manager had revenue of $555.50 million for the quarter, compared to analyst estimates of $537.57 million. Affiliated Managers Group had a net margin of 0.70% and a return on equity of 19.58%. During the same period last year, the company earned $3.53 EPS. 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 Monday, February 3rd. Stockholders of record on Thursday, February 13th will be paid a dividend of $0.32 per share on Thursday, February 27th. This represents a $1.28 dividend on an annualized basis and a dividend yield of 1.96%. The ex-dividend date is Wednesday, February 12th. 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 $92.00. On average, they expect Affiliated Managers Group's share price to reach $68.50 in the next year. This suggests a possible upside of 5.2% from the stock's current price. View analysts' price targets for Affiliated Managers Group. What are Wall Street analysts saying about Affiliated Managers Group stock? Here are some recent quotes from research analysts about Affiliated Managers Group stock: 1. According to Zacks Investment Research, "Shares of Affiliated Managers have underperformed the industry over the past year. The company has an impressive earnings surprise history. Its earnings have surpassed the Zacks Consensus Estimate in three of the trailing four quarters. The company remains well-positioned for growth, backed by successful partnerships, diverse product mix and focus on strengthening retail market operations. Moreover, the BlueMountain stake sale is likely to be accretive to earnings. Further, the company’s capital deployment plans are impressive. However, declining assets under management (AUM) balance due to outflows and pressure on revenues are major concerns. These might hurt the company’s prospects in the quarters ahead. Moreover, the presence of high levels of debt and substantial intangible assets on its balance sheet might hamper financials." (4/6/2020) 2. Barrington Research analysts commented, "We project that Affiliated Managers Group will report the financial results of its first quarter ended March 31, on or about the market open. Since reporting Q4/18 results on the stock markets in the U.S. (S&P 500 up 4.7%), overseas (DJ in emerging markets (DJ 2.0%) were all up. As a rule of thumb, each 1% up or down adds or takes away $0.14 per share on a full-year basis." (4/30/2019) Has Affiliated Managers Group been receiving favorable news coverage? News articles about AMG stock have trended very negative recently, InfoTrie reports. The research firm identifies positive and negative news coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Affiliated Managers Group earned a media sentiment score of -3.3 on InfoTrie's scale. They also gave headlines about the asset manager a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the next few days. View the latest news aboutAffiliated Managers Group. Are investors shorting Affiliated Managers Group? Affiliated Managers Group saw a increase in short interest in March. As of March 13th, there was short interest totaling 3,233,900 shares, an increase of 43.7% from the February 27th total of 2,250,000 shares. Based on an average daily trading volume, of 761,900 shares, the short-interest ratio is currently 4.2 days. Approximately 8.8% of the company's stock are sold short. 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), Northern Trust (NTRS), Ameriprise Financial (AMP), Franklin Resources (BEN), SEI Investments (SEIC), Ares Capital (ARCC), Legg Mason (LM), Invesco (IVZ), Eaton Vance (EV), Cohen & Steers (CNS), Federated Investors (FII) and Golub Capital BDC (GBDC). 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), Allergan (AGN), Gilead Sciences (GILD), Micron Technology (MU), Netflix (NFLX), Starbucks (SBUX), Alibaba Group (BABA), Cognizant Technology Solutions (CTSH), Boeing (BA) and Bank of America (BAC). 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 a number of institutional and retail investors. Top institutional investors include LGT Capital Partners LTD. (2.06%) and State of Alaska Department of Revenue (0.02%). 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, Samuel T Byrne, Thomas M Wojcik and Tracy P Palandjian. View institutional ownership trends for Affiliated Managers Group. Which institutional investors are buying Affiliated Managers Group stock? AMG stock was bought by a variety of institutional investors in the last quarter, including LGT Capital Partners LTD., and State of Alaska Department of Revenue. Company insiders that have bought Affiliated Managers Group stock in the last two years include Dwight D Churchill, Hugh Cutler, Jay C Horgen, 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 $65.14. How big of a company is Affiliated Managers Group? Affiliated Managers Group has a market capitalization of $3.12 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. View additional information about Affiliated Managers Group. What is Affiliated Managers Group's official website? The official website for Affiliated Managers Group is http://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 4/9/2020 by MarketBeat.com StaffFeatured Article: How is a management fee different from a performance fee?
