Affiliated Managers Group - AMG 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 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" AMG shares.
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6 analysts have issued 1-year target prices for Affiliated Managers Group's shares. Their AMG share price forecasts range from $150.00 to $222.00. On average, they anticipate the company's share price to reach $178.79 in the next year. This suggests a possible upside of 6.5% from the stock's current price.
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Affiliated Managers Group's stock was trading at $158.43 at the start of the year. Since then, AMG shares have increased by 5.9% and is now trading at $167.81.
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Affiliated Managers Group saw a drop in short interest in the month of January. As of January 15th, there was short interest totaling 1,630,000 shares, a drop of 11.4% from the December 31st total of 1,840,000 shares. Based on an average daily volume of 296,800 shares, the days-to-cover ratio is presently 5.5 days. Approximately 4.4% of the shares of the company are short sold.
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The company is scheduled to release its next quarterly earnings announcement on Monday, February 6th 2023.
View our AMG earnings forecast.

Affiliated Managers Group, Inc. (NYSE:AMG) posted its quarterly earnings data on Monday, November, 7th. The asset manager reported $4.21 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.92 by $0.29. The asset manager earned $578.60 million during the quarter, compared to analyst estimates of $553.29 million. Affiliated Managers Group had a trailing twelve-month return on equity of 21.15% and a net margin of 22.02%.

Affiliated Managers Group announced a quarterly dividend on Monday, November 7th. Shareholders of record on Thursday, November 17th will be given a dividend of $0.01 per share on Thursday, December 1st. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.02%. The ex-dividend date is Wednesday, November 16th.
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 0.02%. The dividend payout ratio is 0.31%. 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 retail and institutional investors. Top institutional investors include LGT Capital Partners LTD. (0.64%), Reinhart Partners Inc. (0.39%), Assenagon Asset Management S.A. (0.17%), Carnegie Capital Asset Management LLC (0.06%), Yousif Capital Management LLC (0.05%) and Verdence Capital Advisors LLC (0.05%). Insiders that own company stock include Dwight D Churchill, Dwight D Churchill, Hugh Cutler, Jay C Horgen, Jay C Horgen, John R Erickson, 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 $167.81.

Affiliated Managers Group (NYSE:AMG) has a market capitalization of $6.32 billion and generates $2.41 billion in revenue each year. The asset manager earns $565.70 million in net income (profit) each year or $13.09 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.