Affiliated Managers Group Stock Forecast, Price & News

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Affiliated Managers Group in the last twelve months. There are currently 1 sell rating, 2 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" Affiliated Managers Group stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in AMG, but not buy additional shares or sell existing shares.
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Wall Street analysts have given Affiliated Managers Group a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Affiliated Managers Group wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
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Affiliated Managers Group saw a drop in short interest in March. As of March 31st, there was short interest totaling 1,420,000 shares, a drop of 29.4% from the March 15th total of 2,010,000 shares. Based on an average daily volume of 458,100 shares, the short-interest ratio is currently 3.1 days. Currently, 3.4% of the company's shares are short sold.
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Affiliated Managers Group is scheduled to release its next quarterly earnings announcement on Monday, July 26th 2021.
View our earnings forecast for Affiliated Managers Group.

Affiliated Managers Group, Inc. (NYSE:AMG) issued its quarterly earnings results on Sunday, May, 2nd. The asset manager reported $4.28 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $4.24 by $0.04. The asset manager earned $559.30 million during the quarter, compared to analyst estimates of $554.48 million. Affiliated Managers Group had a net margin of 5.37% and a trailing twelve-month return on equity of 19.15%. The business's revenue for the quarter was up 10.3% on a year-over-year basis. During the same quarter in the previous year, the firm posted $3.26 earnings per share.
View Affiliated Managers Group's earnings history.

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 158.3% and is now trading at $158.87.
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Affiliated Managers Group declared a quarterly dividend on Monday, May 3rd. Shareholders of record on Thursday, May 13th will be paid a dividend of $0.01 per share on Thursday, May 27th. This represents a $0.04 dividend on an annualized basis and a yield of 0.03%. The ex-dividend date of this dividend is Wednesday, May 12th.
View Affiliated Managers Group's dividend history.

Affiliated Managers Group pays an annual dividend of $0.04 per share and currently has a dividend yield of 0.02%. Affiliated Managers Group does not yet have a strock track record of dividend growth. The dividend payout ratio of Affiliated Managers Group is 0.28%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Affiliated Managers Group will have a dividend payout ratio of 0.29% next year. This indicates that Affiliated Managers Group will be able to sustain or increase its dividend.
View Affiliated Managers Group's dividend history.

6 analysts have issued 12 month target prices for Affiliated Managers Group's shares. Their forecasts range from $71.00 to $213.00. On average, they anticipate Affiliated Managers Group's share price to reach $162.83 in the next year. This suggests a possible upside of 2.5% from the stock's current price.
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7 employees have rated Affiliated Managers Group CEO Sean M. Healey on Glassdoor.com. Sean M. Healey has an approval rating of 85% among Affiliated Managers Group's employees.

Some companies that are related to Affiliated Managers Group include BlackRock (BLK), The Bank of New York Mellon (BK), T. Rowe Price Group (TROW), State Street (STT), Ameriprise Financial (AMP), Northern Trust (NTRS), Franklin Resources (BEN), Invesco (IVZ), SEI Investments (SEIC), Ares Capital (ARCC), Cohen & Steers (CNS), Prospect Capital (PSEC), Main Street Capital (MAIN), Golub Capital BDC (GBDC) and Virtus Investment Partners (VRTS).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Affiliated Managers Group investors own include NVIDIA (NVDA), The Boeing (BA), Micron Technology (MU), QUALCOMM (QCOM), The 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 shareholders include EdgePoint Investment Group Inc. (17.59%), BlackRock Inc. (9.20%), ACR Alpine Capital Research LLC (1.40%), Geode Capital Management LLC (1.40%), LGT Capital Partners LTD. (1.24%) and Jupiter Asset Management Ltd. (1.13%). 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 A Atkinson.
View institutional ownership trends for Affiliated Managers Group.

AMG stock was sold by a variety of institutional investors in the last quarter, including EdgePoint Investment Group Inc., ACR Alpine Capital Research LLC, LGT Capital Partners LTD., Prudential Financial Inc., Envestnet Asset Management Inc., Jupiter Asset Management Ltd., Poehling Capital Management LLC, and Atria Investments LLC.
View insider buying and selling activity for Affiliated Managers Group or view top insider-selling stocks.

AMG stock was acquired by a variety of institutional investors in the last quarter, including Contrarius Investment Management Ltd, JPMorgan Chase & Co., BlackRock Inc., Principal Financial Group Inc., Aigen Investment Management LP, Ensign Peak Advisors Inc, Kestra Advisory Services LLC, and NN Investment Partners Holdings N.V.. 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, Thomas M Wojcik, and Tracy A Atkinson.
View insider buying and selling activity for Affiliated Managers Group or or view top insider-buying stocks.

Shares of AMG 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 $158.87.

Affiliated Managers Group has a market capitalization of $6.61 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 3,900 workers across the globe.

Affiliated Managers Group was founded in 1993.

The official website for Affiliated Managers Group is www.amg.com.

Affiliated Managers Group is headquartered at 777 South Flagler Drive SUITE 1201 EAST TOWER, West Palm Beach FL, 33401.

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]