Ameriprise Financial Stock Price, News & Analysis (NYSE:AMP) $357.58 +4.85 (+1.37%) (As of 12/8/2023 ET) Add Compare Share Share Today's Range$352.32▼$358.2650-Day Range$307.14▼$357.5852-Week Range$275.09▼$358.26Volume418,062 shsAverage Volume464,351 shsMarket Capitalization$36.19 billionP/E Ratio14.55Dividend Yield1.51%Price Target$385.50 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Ameriprise Financial MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.60 Rating ScoreUpside/Downside7.8% Upside$385.50 Price TargetShort InterestHealthy1.03% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-0.43Upright™ Environmental ScoreNews Sentiment0.97Based on 6 Articles This WeekInsider TradingN/AProj. Earnings Growth13.07%From $29.53 to $33.39 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.62 out of 5 starsFinancial Services Sector6th out of 30 stocksAsset Management Industry1st out of 8 stocks 1.3 Analyst's Opinion Consensus RatingAmeriprise Financial has received a consensus rating of Moderate Buy. The company's average rating score is 2.60, and is based on 3 buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $385.50, Ameriprise Financial has a forecasted upside of 7.8% from its current price of $357.58.Amount of Analyst CoverageAmeriprise Financial has only been the subject of 2 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.03% of the float of Ameriprise Financial has been sold short.Short Interest Ratio / Days to CoverAmeriprise Financial has a short interest ratio ("days to cover") of 2.3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Ameriprise Financial has recently increased by 31.30%, indicating that investor sentiment is decreasing significantly. Previous Next 4.2 Dividend Strength Dividend YieldAmeriprise Financial pays a meaningful dividend of 1.53%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthAmeriprise Financial has been increasing its dividend for 19 years.Dividend CoverageThe dividend payout ratio of Ameriprise Financial is 21.98%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Ameriprise Financial will have a dividend payout ratio of 16.17% next year. This indicates that Ameriprise Financial will be able to sustain or increase its dividend. Previous Next 2.6 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreAmeriprise Financial has received a 17.58% net impact score from Upright. The largest positive contribution comes from its "Distributing knowledge" impact, which is mostly driven by its "Wealth management services", "Fund management services", and "Mutual fund management" products. See details.Environmental SustainabilityThe Environmental Impact score for Ameriprise Financial is -0.43. Previous Next 3.3 News and Social Media Coverage News SentimentAmeriprise Financial has a news sentiment score of 0.97. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.49 average news sentiment score of Financial Services companies.News Coverage This WeekMarketBeat has tracked 6 news articles for Ameriprise Financial this week, compared to 6 articles on an average week.Search Interest6 people have searched for AMP on MarketBeat in the last 30 days. This is an increase of 20% compared to the previous 30 days.MarketBeat Follows10 people have added Ameriprise Financial to their MarketBeat watchlist in the last 30 days. This is an increase of 233% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Ameriprise Financial insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.73% of the stock of Ameriprise Financial is held by insiders.Percentage Held by Institutions82.62% of the stock of Ameriprise Financial is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.8 Earnings and Valuation Earnings GrowthEarnings for Ameriprise Financial are expected to grow by 13.07% in the coming year, from $29.53 to $33.39 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Ameriprise Financial is 14.55, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 115.28.Price to Earnings Ratio vs. SectorThe P/E ratio of Ameriprise Financial is 14.55, which means that it is trading at a less expensive P/E ratio than the Financial Services sector average P/E ratio of about 348.64.Price to Earnings Growth RatioAmeriprise Financial has a PEG Ratio of 0.75. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioAmeriprise Financial has a P/B Ratio of 10.53. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Ameriprise Financial Stock (NYSE:AMP)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 four segments: Advice & Wealth Management, Asset Management, Retirement & Protection Solutions, and Corporate & Other. The Advice & Wealth Management segment provides financial planning and advice; brokerage products and services for retail and institutional clients; discretionary and non-discretionary investment advisory accounts; mutual funds; insurance and annuities products; cash management and banking products; and face-amount certificates. 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 products also 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 and infrastructure funds. The Retirement & Protection Solutions segment provides variable annuity products to individual clients, as well as life and DI insurance products to retail clients. The company was formerly known as American Express Financial Corporation and changed its name to Ameriprise Financial, Inc. in September 2005. The company was founded in 1894 and is headquartered in Minneapolis, Minnesota.Read More AMP Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart AMP Stock News HeadlinesDecember 7, 2023 | finance.yahoo.comInvesting in Ameriprise Financial (NYSE:AMP) five years ago would have delivered you a 245% gainDecember 4, 2023 | finance.yahoo.comAdvisor with Over $730 Million in Assets Joins Ameriprise for Strength in Comprehensive Financial Planning and Advice CapabilitiesDecember 10, 2023 | Autonomix (Ad)[Investor Alert] Potential Breakthrough Medical Tech Investment OpportunityAutonomix has patented technology that can detect and target nerve signals at an accuracy never seen before, a $100B opportunity. Now the team with almost $600M in exits is planning to list Autonomix on the Nasdaq. And you can invest in Autonomix ahead of their intended Nasdaq listing.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.comDecember 1, 2023 | americanbankingnews.comQ4 2023 Earnings Forecast for Ameriprise Financial, Inc. Issued By William Blair (NYSE:AMP)November 30, 2023 | americanbankingnews.comAmeriprise Financial (NYSE:AMP) Lowered to Hold at StockNews.comNovember 27, 2023 | finance.yahoo.comRestructuring, AUM Growth Aids Ameriprise (AMP) Amid Cost WoesNovember 24, 2023 | finance.yahoo.comAmeriprise (AMP) Up 10.8% Since Last Earnings Report: Can It Continue?November 16, 2023 | finance.yahoo.comAmeriprise Financial Recognized by J.D. Power for its "Outstanding Customer Service Experience" for the Fifth Consecutive YearDecember 10, 2023 | Autonomix (Ad)[Investor Alert] Potential Breakthrough Medical Tech Investment OpportunityAutonomix has patented technology that can detect and target nerve signals at an accuracy never seen before, a $100B opportunity. Now the team with almost $600M in exits is planning to list Autonomix on the Nasdaq. And you can invest in Autonomix ahead of their intended Nasdaq listing.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.comNovember 15, 2023 | markets.businessinsider.comMorgan Stanley Maintains Equal-Weight Rating for Ameriprise Finl: Here's What You Need To KnowNovember 15, 2023 | finance.yahoo.com$130 Million Advisor Team Joins Ameriprise Financial to Enhance the Experience They Deliver to ClientsNovember 13, 2023 | benzinga.comParties Close Arrangement for Ameriprise to Become Comerica's New Investment Program ProviderNovember 13, 2023 | finance.yahoo.comParties Close Arrangement for Ameriprise to Become Comerica’s New Investment Program ProviderNovember 10, 2023 | finance.yahoo.comAmeriprise Financial Named a Military Friendly® Employer For Tenth Consecutive YearNovember 6, 2023 | finance.yahoo.comMillionaires Share Practical Financial Tips in New Research from Ameriprise FinancialNovember 3, 2023 | finance.yahoo.comAmeriprise Financial (NYSE:AMP) jumps 4.8% this week, though earnings growth is still tracking behind five-year shareholder returnsNovember 2, 2023 | finance.yahoo.comAmeriprise Financial Inc's Dividend AnalysisOctober 31, 2023 | msn.comRBC Capital Reiterates Ameriprise Financial (AMP) Outperform RecommendationOctober 31, 2023 | finance.yahoo.comGrowth Prospects Draw Father-Son Team with $235 Million in Assets From Wells Fargo to Ameriprise FinancialOctober 29, 2023 | investing.comAmeriprise Financial sets ex-dividend date amid strong earnings growthOctober 28, 2023 | finance.yahoo.comAmeriprise Financial, Inc. (NYSE:AMP) Q3 2023 Earnings Call TranscriptOctober 27, 2023 | markets.businessinsider.comBalancing Performance and Risks: Nigel Dally’s Hold Rating on Ameriprise FinancialOctober 27, 2023 | finance.yahoo.comQ3 2023 Ameriprise Financial Inc Earnings CallOctober 26, 2023 | finance.yahoo.comAmeriprise Financial’s Wealth Unit Stands Out Amid Challenging Quarter, Stock Gains.October 26, 2023 | seekingalpha.comAmeriprise Financial, Inc. 2023 Q3 - Results - Earnings Call PresentationOctober 25, 2023 | finance.yahoo.comAmeriprise Financial Inc (AMP) Q3 2023 Earnings: Key HighlightsOctober 25, 2023 | finance.yahoo.comAmeriprise (AMP) Q3 Earnings: Taking a Look at Key Metrics Versus EstimatesSee More Headlines Receive AMP Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Ameriprise Financial and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings10/25/2023Ex-Dividend for 11/17 Dividend11/03/2023Dividend Payable11/17/2023Today12/09/2023Fiscal Year End12/31/2023Next Earnings (Estimated)1/24/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Asset Management Sub-IndustryAsset Management & Custody Banks SectorFinancial Services Current SymbolNYSE:AMP CUSIP03076C10 CIK820027 Webwww.ameriprise.com Phone(612) 671-3131Fax612-671-8880Employees13,500Year Founded1894Price Target and Rating Average Stock Price Target$385.50 High Stock Price Target$410.00 Low Stock Price Target$365.00 Potential Upside/Downside+7.8%Consensus RatingModerate Buy Rating Score (0-4)2.60 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)$24.57 Trailing P/E Ratio14.55 Forward P/E Ratio12.11 P/E Growth0.75Net Income$2.56 billion Net Margins17.63% Pretax Margin18.52% Return on Equity81.75% Return on Assets1.94% Debt Debt-to-Equity Ratio1.51 Current Ratio0.57 Quick Ratio0.57 Sales & Book Value Annual Sales$14.29 billion Price / Sales2.53 Cash Flow$26.85 per share Price / Cash Flow13.32 Book Value$33.95 per share Price / Book10.53Miscellaneous Outstanding Shares101,200,000Free Float100,457,000Market Cap$36.19 billion OptionableOptionable Beta1.44 Social Links 10 Best Cheap Stocks to Buy NowMarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Click the link below to see which companies made the list.Get This Free Report Key ExecutivesMr. James M. Cracchiolo (Age 64)Chairman & CEO Comp: $9.85MMr. Walter S. Berman (Age 80)Executive VP, CFO & Chief Risk Officer Comp: $3.94MMr. William Davies (Age 59)Executive VP & Global Chief Investment Officer Comp: $2.85MMr. William Frederick Truscott (Age 63)Chief Executive Officer of Global Asset Management Comp: $3.51MMr. Joseph Edward Sweeney (Age 62)President of Advice & Wealth Management - Products and Service Delivery Comp: $2.66MMr. John R. Hutt (Age 47)Executive VP - Finance, Controller & Principal Accounting Officer Mr. Gerard P. Smyth (Age 61)Executive VP & Global Chief Information Officer Ms. Alicia A. CharitySenior Vice President of Investor RelationsMs. Heather J. Melloh (Age 51)Executive VP & General Counsel Ms. Deirdre D. Davey McGraw (Age 52)Executive Vice President of Marketing, Communications & Community Relations More ExecutivesKey CompetitorsFranklin ResourcesNYSE:BENAres ManagementNYSE:ARESApollo Global ManagementNYSE:APOBlue Owl CapitalNYSE:OWLBrookfield Asset ManagementNYSE:BAMView All CompetitorsInsiders & InstitutionsRaleigh Capital Management Inc.Bought 51 shares on 12/8/2023Ownership: 0.000%Financial Insights Inc.Bought 964 shares on 12/7/2023Ownership: 0.001%Citigroup Inc.Bought 5,958 shares on 12/6/2023Ownership: 0.163%Raleigh Capital Management Inc.Bought 51 shares on 12/6/2023Ownership: 0.000%Wellington Management Group LLPBought 251 shares on 12/1/2023Ownership: 0.005%View All Insider TransactionsView All Institutional Transactions Should I Buy Ameriprise Financial Stock? AMP Pros and Cons Explained These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of Ameriprise Financial was last updated on Tuesday, November 28, 2023 at 11:23 AM. Pros Here are some ways that investors could benefit from investing in Ameriprise Financial, Inc.: Ameriprise Financial, Inc. operates through four segments, providing a diverse range of financial products and services to individual and institutional clients. This diversification can help mitigate risk and provide potential opportunities for growth. The Asset Management segment offers investment management and advice, providing retail, high net worth, and institutional clients with access to a wide range of investment products. This can provide investors with a variety of options to meet their investment goals. The Retirement & Protection Solutions segment provides variable annuity products to individual clients, offering potential long-term growth and income opportunities for investors. Ameriprise Financial, Inc. has a strong presence in the investment advice industry, which can provide investors with access to experienced financial advisors and comprehensive financial planning services. The recent stock price of Ameriprise Financial, Inc. has shown positive performance, indicating potential value and growth opportunities for investors. Cons Investors should be bearish about investing in Ameriprise Financial, Inc. for these reasons: The financial services industry can be subject to regulatory changes and market volatility, which may impact the performance of Ameriprise Financial, Inc. and its stock price. Ameriprise Financial, Inc. operates in a competitive market, facing competition from other financial institutions and investment firms. This competition may impact the company's market share and profitability. The company's debt-to-equity ratio is relatively high, which may indicate a higher level of financial risk compared to other companies in the industry. Investing in Ameriprise Financial, Inc. involves market risk, and the value of investments can fluctuate based on market conditions and other factors. Investors should carefully consider their investment objectives and risk tolerance before investing in Ameriprise Financial, Inc. or any other financial institution. AMP Stock Analysis - Frequently Asked Questions Should I buy or sell Ameriprise Financial stock right now? 5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ameriprise Financial in the last year. There are currently 2 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" AMP shares. View AMP analyst ratings or view top-rated stocks. What is Ameriprise Financial's stock price target for 2024? 5 Wall Street research analysts have issued 12-month price objectives for Ameriprise Financial's stock. Their AMP share price targets range from $365.00 to $410.00. On average, they expect the company's stock price to reach $385.50 in the next year. This suggests a possible upside of 7.8% from the stock's current price. View analysts price targets for AMP or view top-rated stocks among Wall Street analysts. How have AMP shares performed in 2023? Ameriprise Financial's stock was trading at $311.37 at the start of the year. Since then, AMP shares have increased by 14.8% and is now trading at $357.58. View the best growth stocks for 2023 here. Are investors shorting Ameriprise Financial? Ameriprise Financial saw a increase in short interest during the month of November. As of November 15th, there was short interest totaling 1,040,000 shares, an increase of 31.3% from the October 31st total of 792,100 shares. Based on an average daily volume of 455,100 shares, the short-interest ratio is currently 2.3 days. Approximately 1.0% of the shares of the stock are sold short. View Ameriprise Financial's Short Interest. When is Ameriprise Financial's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, January 24th 2024. View our AMP earnings forecast. How were Ameriprise Financial's earnings last quarter? Ameriprise Financial, Inc. (NYSE:AMP) issued its quarterly earnings results on Wednesday, October, 25th. The financial services provider reported $7.68 earnings per share (EPS) for the quarter, beating the consensus estimate of $7.58 by $0.10. The financial services provider earned $3.91 billion during the quarter, compared to the consensus estimate of $3.96 billion. Ameriprise Financial had a net margin of 17.63% and a trailing twelve-month return on equity of 81.75%. How often does Ameriprise Financial pay dividends? What is the dividend yield for Ameriprise Financial? Ameriprise Financial declared a quarterly dividend on Wednesday, October 25th. Shareholders of record on Monday, November 6th will be given a dividend of $1.35 per share on Friday, November 17th. This represents a $5.40 dividend on an annualized basis and a dividend yield of 1.51%. The ex-dividend date of this dividend is Friday, November 3rd. Read our dividend analysis for AMP. Is Ameriprise Financial a good dividend stock? Ameriprise Financial (NYSE:AMP) pays an annual dividend of $5.40 per share and currently has a dividend yield of 1.53%. The company has been increasing its dividend for 19 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 21.98%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, AMP will have a dividend payout ratio of 16.17% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for AMP. What ETFs hold Ameriprise Financial's stock? ETFs with the largest weight of Ameriprise Financial (NYSE:AMP) stock in their portfolio include BTD Capital Fund (DIP), BrandywineGLOBALDynamic US Large Cap Value ETF (DVAL), OneAscent Large Cap Core ETF (OALC), Invesco Focused Discovery Growth ETF (IVDG), Thrivent Small-Mid Cap ESG ETF (TSME), WBI BullBear Yield 3000 ETF (WBIG), Zacks Earnings Consistent Portfolio ETF (ZECP) and SPDR S&P Capital Markets ETF (KCE). How will Ameriprise Financial's stock buyback program work? Ameriprise Financial announced that its board has approved a share buyback plan on Wednesday, July 26th 2023, which allows the company to buyback $3,500,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to reacquire up to 9.5% of its shares through open market purchases. Shares buyback plans are generally a sign that the company's board believes its shares are undervalued. What is Jim Cracchiolo's approval rating as Ameriprise Financial's CEO? 917 employees have rated Ameriprise Financial Chief Executive Officer Jim Cracchiolo on Glassdoor.com. Jim Cracchiolo has an approval rating of 89% among the company's employees. What other stocks do shareholders of Ameriprise Financial own? Based on aggregate information from My MarketBeat watchlists, some companies that other Ameriprise Financial investors own include Cisco Systems (CSCO), Johnson & Johnson (JNJ), AT&T (T), Intel (INTC), Bank of America (BAC), Home Depot (HD), Verizon Communications (VZ), Coca-Cola (KO), Lockheed Martin (LMT) and CVS Health (CVS). Who are Ameriprise Financial's major shareholders? Ameriprise Financial's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Aristotle Capital Management LLC (3.63%), Morgan Stanley (2.21%), Boston Partners (1.69%), Bank of New York Mellon Corp (1.45%), FMR LLC (1.28%) and Northern Trust Corp (1.24%). Insiders that own company stock include Colin Moore, Dawn M Brockman, Gerard P Smyth, Gumer Alvero, Heather J Melloh, James M Cracchiolo, John R Hutt, John Robert Woerner, Joseph Edward Sweeney, Karen Wilson Thissen, Robert Francis Sharpe Jr, Walter Stanley Berman and William F Truscott. View institutional ownership trends. How do I buy shares of Ameriprise Financial? Shares of AMP 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. Compare Top Brokerages Here. Does Ameriprise Financial have any subsidiaries? The following companies are subsidiares of Ameriprise Financial: AMPF Holding Corporation, American Enterprise Investment Services Inc., Ameriprise Bank FSB, Ameriprise Certificate Company, Ameriprise Financial Services Inc., Columbia Management, Columbia Management Investment Advisers LLC, H&R Block, J & W Seligman, JHS Capital, RiverSource Life Insurance Co. of New York, RiverSource Life Insurance Company, Securities America, and Threadneedle Asset Management.Read More This page (NYSE:AMP) was last updated on 12/10/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Ameriprise Financial, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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