NYSE:AMP - Ameriprise Financial Stock Price, News, & Analysis

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$135.86 +1.86 (+1.39 %)
(As of 10/19/2018 04:00 PM ET)
Previous Close$135.86
Today's Range$133.20 - $136.6550
52-Week Range$129.87 - $183.90
Volume987,242 shs
Average Volume901,059 shs
Market Capitalization$19.01 billion
P/E Ratio11.07
Dividend Yield2.69%
Beta1.8
Ameriprise Financial, Inc., through its subsidiaries, provides various financial products and services to individual and institutional clients in the United States and internationally. It operates through Advice & Wealth Management, Asset Management, Annuities, and Protection segments. The Advice & Wealth Management segment provides financial planning and advice, as well as full-service brokerage services primarily to retail clients through its advisors. The Asset Management segment offers investment management and advice, and investment products to retail, high net worth, and institutional clients through unaffiliated third party financial institutions and institutional sales force. This segment's products include U.S. mutual funds and their non-U.S. equivalents, exchange-traded funds, variable product funds underlying insurance, and annuity separate accounts; and institutional asset management products, such as traditional asset classes, separately managed accounts, individually managed accounts, collateralized loan obligations, hedge funds, collective funds, and property funds. The Annuities segment provides variable and fixed annuity products to individual clients through affiliated and unaffiliated advisors, and financial institutions. The Protection segment offers various products to address the protection and risk management needs of retail clients, including life, disability income, and property casualty insurance through advisors and affinity relationships. The company was formerly known as American Express Financial Corporation and changed its name to Ameriprise Financial, Inc. in September 2005. Ameriprise Financial, Inc. was founded in 1894 and is headquartered in Minneapolis, Minnesota.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Investment advice
Sub-IndustryAsset Management & Custody Banks
SectorFinance
SymbolNYSE:AMP
CUSIP03076C10
Phone612-671-3131

Debt

Debt-to-Equity Ratio0.76
Current Ratio0.69
Quick Ratio0.69

Price-To-Earnings

Trailing P/E Ratio11.07
Forward P/E Ratio9.22
P/E GrowthN/A

Sales & Book Value

Annual Sales$12.03 billion
Price / Sales1.60
Cash Flow$14.7835 per share
Price / Cash9.19
Book Value$40.55 per share
Price / Book3.35

Profitability

EPS (Most Recent Fiscal Year)$12.27
Net Income$1.48 billion
Net Margins13.91%
Return on Equity36.15%
Return on Assets1.48%

Miscellaneous

Employees13,000
Outstanding Shares141,860,000
Market Cap$19.01 billion

Ameriprise Financial (NYSE:AMP) Frequently Asked Questions

What is Ameriprise Financial's stock symbol?

Ameriprise Financial trades on the New York Stock Exchange (NYSE) under the ticker symbol "AMP."

How often does Ameriprise Financial pay dividends? What is the dividend yield for Ameriprise Financial?

Ameriprise Financial announced a quarterly dividend on Tuesday, July 24th. Shareholders of record on Monday, August 6th will be given a dividend of $0.90 per share on Friday, August 17th. This represents a $3.60 annualized dividend and a yield of 2.65%. The ex-dividend date of this dividend is Friday, August 3rd. View Ameriprise Financial's Dividend History.

How will Ameriprise Financial's stock buyback program work?

Ameriprise Financial declared that its Board of Directors has authorized a stock repurchase program on Sunday, June 4th 2017, which authorizes the company to buyback $2,500,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to reacquire up to 12.3% of its shares through open market purchases. Shares buyback programs are typically a sign that the company's board of directors believes its stock is undervalued.

How were Ameriprise Financial's earnings last quarter?

Ameriprise Financial, Inc. (NYSE:AMP) posted its earnings results on Tuesday, July, 24th. The financial services provider reported $3.60 EPS for the quarter, beating analysts' consensus estimates of $3.51 by $0.09. The financial services provider had revenue of $3.15 billion for the quarter, compared to analyst estimates of $3.12 billion. Ameriprise Financial had a return on equity of 36.15% and a net margin of 13.91%. The company's revenue was up 5.7% on a year-over-year basis. During the same quarter in the prior year, the firm posted $2.80 earnings per share. View Ameriprise Financial's Earnings History.

When is Ameriprise Financial's next earnings date?

Ameriprise Financial is scheduled to release their next quarterly earnings announcement on Tuesday, October 23rd 2018. View Earnings Estimates for Ameriprise Financial.

How can I listen to Ameriprise Financial's earnings call?

Ameriprise Financial will be holding an earnings conference call on Wednesday, October 24th at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8476196445.

What price target have analysts set for AMP?

8 analysts have issued 12-month target prices for Ameriprise Financial's stock. Their predictions range from $145.00 to $217.00. On average, they anticipate Ameriprise Financial's share price to reach $166.2857 in the next twelve months. This suggests a possible upside of 22.4% from the stock's current price. View Analyst Price Targets for Ameriprise Financial.

What is the consensus analysts' recommendation for Ameriprise Financial?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ameriprise Financial in the last year. There are currently 5 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Ameriprise Financial.

Who are some of Ameriprise Financial's key competitors?

Who are Ameriprise Financial's key executives?

Ameriprise Financial's management team includes the folowing people:
  • Mr. James M. Cracchiolo, Chairman & CEO (Age 59)
  • Mr. Walter S. Berman, Exec. VP & CFO (Age 75)
  • Mr. Colin Moore AIIMR, Exec. VP & Global Chief Investment Officer (Age 60)
  • Mr. William Frederick Truscott, Chief Exec. Officer of Global Asset Management (Age 58)
  • Mr. Joseph Edward Sweeney, Pres of Advice & Wealth Management - Products & Service Delivery (Age 57)

Who are Ameriprise Financial's major shareholders?

Ameriprise Financial's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Bank of Montreal Can (0.46%), State of New Jersey Common Pension Fund D (0.34%), Welch & Forbes LLC (0.15%), Cornerstone Wealth Management LLC (0.06%), Foundry Partners LLC (0.06%) and Scout Investments Inc. (0.05%). Company insiders that own Ameriprise Financial stock include Charles Neal Maglaque, Colin Moore, David Kent Stewart, Deirdre Davey Mcgraw, James M Cracchiolo, John Robert Woerner, Joseph Edward Sweeney, Karen Wilson Thissen, Kelli A Hunter, Randy Kupper, Walter Stanley Berman and William F Truscott. View Institutional Ownership Trends for Ameriprise Financial.

Which institutional investors are selling Ameriprise Financial stock?

AMP stock was sold by a variety of institutional investors in the last quarter, including State of New Jersey Common Pension Fund D, Xact Kapitalforvaltning AB, Scout Investments Inc., Legacy Private Trust Co., Atria Investments LLC, Bremer Trust National Association, Hennessy Advisors Inc. and First Citizens Bank & Trust Co.. Company insiders that have sold Ameriprise Financial company stock in the last year include Charles Neal Maglaque, Colin Moore, David Kent Stewart, Deirdre Davey Mcgraw, James M Cracchiolo, John Robert Woerner, Joseph Edward Sweeney, Randy Kupper and William F Truscott. View Insider Buying and Selling for Ameriprise Financial.

Which institutional investors are buying Ameriprise Financial stock?

AMP stock was purchased by a variety of institutional investors in the last quarter, including Gradient Investments LLC, First Hawaiian Bank, Bank of Montreal Can, Verity & Verity LLC, Cornerstone Wealth Management LLC, Foundry Partners LLC, Northwest Bancshares Inc. and Welch & Forbes LLC. Company insiders that have bought Ameriprise Financial stock in the last two years include James M Cracchiolo and Walter Stanley Berman. View Insider Buying and Selling for Ameriprise Financial.

How do I buy shares of Ameriprise Financial?

Shares of AMP 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, Scottrade, Fidelity and Charles Schwab.

What is Ameriprise Financial's stock price today?

One share of AMP stock can currently be purchased for approximately $135.86.

How big of a company is Ameriprise Financial?

Ameriprise Financial has a market capitalization of $19.01 billion and generates $12.03 billion in revenue each year. The financial services provider earns $1.48 billion in net income (profit) each year or $12.27 on an earnings per share basis. Ameriprise Financial employs 13,000 workers across the globe.

What is Ameriprise Financial's official website?

The official website for Ameriprise Financial is http://www.ameriprise.com.

How can I contact Ameriprise Financial?

Ameriprise Financial's mailing address is 1099 AMERIPRISE FINANCIAL CENTER, MINNEAPOLIS MN, 55474. The financial services provider can be reached via phone at 612-671-3131 or via email at [email protected]


MarketBeat Community Rating for Ameriprise Financial (NYSE AMP)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  438 (Vote Outperform)
Underperform Votes:  391 (Vote Underperform)
Total Votes:  829
MarketBeat's community ratings are surveys of what our community members think about Ameriprise Financial and other stocks. Vote "Outperform" if you believe AMP will outperform the S&P 500 over the long term. Vote "Underperform" if you believe AMP will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 10/20/2018 by MarketBeat.com Staff

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