NYSE:AMG - Affiliated Managers Group Stock Price, Forecast & News

Affiliated Managers Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "AMG."

Affiliated Managers Group declared a quarterly dividend on Monday, October 28th. Stockholders of record on Thursday, November 7th will be given a dividend of $0.32 per share on Thursday, November 21st. This represents a $1.28 annualized dividend and a dividend yield of 1.49%. The ex-dividend date of this dividend is Wednesday, November 6th. View Affiliated Managers Group's Dividend History.

Affiliated Managers Group announced that its board has initiated a share buyback plan on Tuesday, January 30th 2018, which authorizes the company to buyback 3,400,000 outstanding shares, according to EventVestor. This buyback authorization authorizes the company to purchase shares of its stock through open market purchases. Stock buyback plans are usually an indication that the company's leadership believes its shares are undervalued.

Affiliated Managers Group, Inc. (NYSE:AMG) posted its quarterly earnings data on Monday, October, 28th. The asset manager reported $3.16 earnings per share for the quarter, topping the consensus estimate of $3.14 by $0.02. The asset manager earned $549 million during the quarter, compared to analyst estimates of $547.10 million. Affiliated Managers Group had a positive return on equity of 17.83% and a negative net margin of 7.03%. The company's revenue was down 8.7% compared to the same quarter last year. During the same period last year, the firm posted $3.45 earnings per share. View Affiliated Managers Group's Earnings History.

Affiliated Managers Group is scheduled to release their next quarterly earnings announcement on Monday, February 3rd 2020. View Earnings Estimates for Affiliated Managers Group.

5 equities research analysts have issued 1 year price objectives for Affiliated Managers Group's stock. Their forecasts range from $75.00 to $109.87. On average, they anticipate Affiliated Managers Group's stock price to reach $91.97 in the next year. This suggests a possible upside of 7.4% from the stock's current price. View Analyst Price Targets for Affiliated Managers Group.

5 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 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Affiliated Managers Group.

Media headlines about AMG stock have trended very negative recently, InfoTrie Sentiment reports. The research group identifies negative and positive 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 -5 to 5, with scores closest to five being the most favorable. Affiliated Managers Group earned a daily sentiment score of -3.6 on InfoTrie's scale. They also assigned press coverage about the asset manager a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the stock's share price in the near future. View News Stories for Affiliated Managers Group.

Affiliated Managers Group saw a increase in short interest in December. As of December 31st, there was short interest totalling 2,150,000 shares, an increase of 30.3% from the December 15th total of 1,650,000 shares. Based on an average trading volume of 706,900 shares, the short-interest ratio is presently 3.0 days. Currently, 4.4% of the shares of the stock are sold short. View Affiliated Managers Group's Current Options Chain.

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), Invesco (IVZ), Ares Capital (ARCC), Eaton Vance (EV), Federated Investors (FII), Legg Mason (LM), Cohen & Steers (CNS) and Main Street Capital (MAIN).

Based on aggregate information from My MarketBeat watchlists, some companies that other Affiliated Managers Group investors own include NVIDIA (NVDA), Micron Technology (MU), Allergan (AGN), Netflix (NFLX), Starbucks (sbux), Alibaba Group (BABA), Cognizant Technology Solutions (CTSH), Bank of America (bac), General Electric (ge) and Advanced Micro Devices (AMD).

Affiliated Managers Group's stock is owned by a number of of institutional and retail investors. Top institutional investors include LGT Capital Partners LTD. (1.76%), First National Bank of Omaha (0.10%), Nisa Investment Advisors LLC (0.03%), Louisiana State Employees Retirement System (0.02%), OLD National Bancorp IN (0.02%) 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 and Tracy P Palandjian. View Institutional Ownership Trends for Affiliated Managers Group.

AMG stock was sold by a variety of institutional investors in the last quarter, including Nisa Investment Advisors LLC, Meag Munich Ergo Kapitalanlagegesellschaft MBH, First National Bank of Omaha, State of Alaska Department of Revenue and OLD National Bancorp IN. Company insiders that have sold Affiliated Managers Group company stock in the last year include Jide James Zeitlin, Nathaniel Dalton, Patrick T Ryan and Tracy P Palandjian. View Insider Buying and Selling for Affiliated Managers Group.

AMG stock was purchased by a variety of institutional investors in the last quarter, including LGT Capital Partners LTD., Louisiana State Employees Retirement System, Alpha Windward LLC and Raymond James Trust N.A.. Company insiders that have bought Affiliated Managers Group stock in the last two years include Hugh Cutler, Jay C Horgen and Samuel T Byrne. View Insider Buying and Selling for 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.

One share of AMG stock can currently be purchased for approximately $85.64.

Affiliated Managers Group has a market capitalization of $4.22 billion and generates $2.38 billion in revenue each year. The asset manager earns $243.60 million in net income (profit) each year or $14.50 on an earnings per share basis. Affiliated Managers Group employs 4,450 workers across the globe.View Additional Information About Affiliated Managers Group.

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

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]