NYSE:AMP Ameriprise Financial (AMP) Stock Forecast, Price & News $337.23 -7.76 (-2.25%) (As of 09/21/2023 ET) Add Compare Share Share Today's Range$337.17▼$342.8050-Day Range$328.65▼$356.8652-Week Range$249.35▼$358.02Volume387,114 shsAverage Volume543,990 shsMarket Capitalization$34.61 billionP/E Ratio15.84Dividend Yield1.60%Price Target$361.00 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Ameriprise Financial MarketRank™ ForecastAnalyst RatingHold2.29 Rating ScoreUpside/Downside7.0% Upside$361.00 Price TargetShort InterestHealthy0.75% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-0.47Upright™ Environmental ScoreNews Sentiment0.86Based on 14 Articles This WeekInsider TradingSelling Shares$7.99 M Sold Last QuarterProj. Earnings Growth12.26%From $29.94 to $33.61 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.2.64 out of 5 starsFinance Sector266th out of 837 stocksInvestment Advice Industry17th out of 51 stocks 1.1 Analyst's Opinion Consensus RatingAmeriprise Financial has received a consensus rating of Hold. The company's average rating score is 2.29, and is based on 3 buy ratings, 3 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $361.00, Ameriprise Financial has a forecasted upside of 7.0% from its current price of $337.23.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 Shorted0.75% 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 1.8, 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 12.53%, indicating that investor sentiment is decreasing significantly. Previous Next 4.2 Dividend Strength Dividend YieldAmeriprise Financial pays a meaningful dividend of 1.56%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthAmeriprise Financial has been increasing its dividend for 18 years.Dividend CoverageThe dividend payout ratio of Ameriprise Financial is 25.36%. 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 16.07% 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 15.42% 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 -0.47. Previous Next 3.3 News and Social Media Coverage News SentimentAmeriprise Financial has a news sentiment score of 0.86. 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 0.66 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 14 news articles for Ameriprise Financial this week, compared to 6 articles on an average week.Search InterestOnly 5 people have searched for AMP on MarketBeat in the last 30 days. This is a decrease of -44% compared to the previous 30 days.MarketBeat Follows9 people have added Ameriprise Financial to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Ameriprise Financial insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $7,988,979.00 in 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 12.26% in the coming year, from $29.94 to $33.61 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Ameriprise Financial is 15.84, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 123.53.Price to Earnings Ratio vs. SectorThe P/E ratio of Ameriprise Financial is 15.84, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 89.96.Price to Earnings Growth RatioAmeriprise Financial has a PEG Ratio of 0.66. 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 9.93. 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 (NYSE:AMP) StockAmeriprise 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 Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart AMP Stock News HeadlinesSeptember 21, 2023 | tmcnet.comThirteen Ameriprise Financial Advisors Recognized on Barron's "2023 Top Independent Financial Advisors" RankingSeptember 21, 2023 | finance.yahoo.comThirteen Ameriprise Financial Advisors Recognized on Barron’s "2023 Top Independent Financial Advisors" RankingSeptember 21, 2023 | Chaikin Analytics (Ad)"This Could be the Biggest Stock Story of 2023"A.I. is set to create $7 trillion in new wealth but most investors are buying the wrong stocks. Learn what Wall Street insiders are buying here.September 18, 2023 | finance.yahoo.comBreaking Down 6 Common Retirement Planning MythsSeptember 18, 2023 | finance.yahoo.comStudent Debt And College Loans, ExplainedSeptember 18, 2023 | finance.yahoo.com5 Passive Income Strategies for Investors to UnderstandSeptember 16, 2023 | finance.yahoo.comWith 86% institutional ownership, Ameriprise Financial, Inc. (NYSE:AMP) is a favorite amongst the big gunsSeptember 15, 2023 | americanbankingnews.comAmeriprise Financial, Inc. (NYSE:AMP) Given Consensus Rating of "Hold" by AnalystsSeptember 21, 2023 | Chaikin Analytics (Ad)Fox Couldn't Air my #1 A.I. Pick - Get it Here.50-year Wall Street Insider Marc Chaikin got invited onto Fox News to talk about A.I. - Here's what he couldn't say on television. More here.September 14, 2023 | marketwatch.comAmeriprise Financial Inc. stock underperforms Thursday when compared to competitors despite daily gainsSeptember 12, 2023 | finance.yahoo.comInsiders At Ameriprise Financial Sold US$28m In Stock, Alluding To Potential WeaknessSeptember 11, 2023 | finance.yahoo.comTwo Established Financial Advisors Who Started in the Industry Together Team up to Form New Practice at Ameriprise FinancialSeptember 9, 2023 | finance.yahoo.comFour Ways Life Insurance Can Grow and Protect Your WealthSeptember 8, 2023 | finance.yahoo.comAmeriprise Financial Named "Best Place to Work" on the Disability Equality Index® for the Fourth Consecutive YearAugust 29, 2023 | finance.yahoo.comAmeriprise Financial Hosts its Annual Black Advisor SummitAugust 21, 2023 | finance.yahoo.comAmeriprise Financial's (NYSE:AMP) earnings growth rate lags the 21% CAGR delivered to shareholdersAugust 17, 2023 | finance.yahoo.comAmeriprise Financial, Inc. (NYSE:AMP) is a favorite amongst institutional investors who own 86%August 11, 2023 | finance.yahoo.comAmeriprise Financial Hosting "Career Compass" Event for Women to Explore Careers in Finance on August 16August 11, 2023 | finance.yahoo.comAmeriprise’s Joey Small: How Working in Logistics Prepared Me for Success as an AdvisorAugust 11, 2023 | businesswire.comAmeriprise Financial Hosting “Career Compass” Event for Women to Explore Careers in Finance on August 16August 8, 2023 | finance.yahoo.comAmeriprise Financial Inspires, Motivates and Empowers Women at Its Annual Women Advisor SummitsAugust 4, 2023 | bizjournals.comThe List: Minnesota's highest-paid public company CEOsAugust 4, 2023 | finance.yahoo.comAmeriprise Financial Insiders Sold US$26m Of Shares Suggesting HesitancyAugust 3, 2023 | seekingalpha.comAmeriprise: Achieve Long-Term Wealth With This Compounder (Rating Upgrade)August 2, 2023 | msn.comAmeriprise Financial: Valuation Has Gotten Even Steeper Post Q2August 2, 2023 | msn.comMorgan Stanley Reiterates Ameriprise Financial (AMP) Equal-Weight RecommendationAugust 1, 2023 | markets.businessinsider.comAnalyst Ratings for Ameriprise FinlSee 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 AMP Company Calendar Last Earnings7/27/2023Ex-Dividend for 8/18 Dividend8/04/2023Dividend Payable8/18/2023Today9/21/2023Next Earnings (Estimated)10/24/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Investment advice Sub-IndustryAsset Management & Custody Banks SectorFinance Current SymbolNYSE:AMP CUSIP03076C10 CIK820027 Webwww.ameriprise.com Phone(612) 671-3131Fax612-671-8880Employees13,500Year Founded1894Price Target and Rating Average Stock Price Forecast$361.00 High Stock Price Forecast$410.00 Low Stock Price Forecast$250.00 Forecasted Upside/Downside+6.8%Consensus RatingHold Rating Score (0-4)2.29 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)$21.29 Trailing P/E Ratio15.88 Forward P/E Ratio11.29 P/E Growth0.66Net Income$2.56 billion Net Margins15.94% Pretax Margin20.53% Return on Equity82.23% Return on Assets1.91% Debt Debt-to-Equity Ratio1.43 Current Ratio0.59 Quick Ratio0.59 Sales & Book Value Annual Sales$14.29 billion Price / Sales2.43 Cash Flow$25.79 per share Price / Cash Flow13.11 Book Value$33.95 per share Price / Book9.96Miscellaneous Outstanding Shares102,630,000Free Float101,877,000Market Cap$34.70 billion OptionableOptionable Beta1.48 Social Links 12 Stocks Corporate Insiders are AbandoningIf a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know?Get This Free Report Key ExecutivesMr. James M. Cracchiolo (Age 64)Chairman & CEO Comp: $9.85MMr. Walter S. Berman (Age 80)Exec. VP, CFO & Chief Risk Officer Comp: $3.94MMr. William Davies (Age 59)Exec. VP & Global Chief Investment Officer Comp: $2.85MMr. William Frederick Truscott (Age 63)Chief Exec. Officer of Global Asset Management Comp: $3.51MMr. Joseph Edward Sweeney (Age 62)Pres of Advice & Wealth Management - Products and Service Delivery Comp: $2.66MMr. John R. Hutt (Age 47)Exec. VP - Fin., Controller & Principal Accounting Officer Mr. Gerard P. Smyth (Age 61)Exec. VP & Global Chief Information Officer Ms. Alicia A. CharitySr. VP of Investor RelationsMs. Heather J. Melloh (Age 51)Exec. VP & Gen. Counsel Ms. Deirdre D. Davey McGraw (Age 52)Exec. VP of Marketing, Communications & Community Relations More ExecutivesKey CompetitorsAres ManagementNYSE:ARESApollo Global ManagementNYSE:APOKKR & Co. Inc.NYSE:KKRBrookfield Asset ManagementNYSE:BAMThe Carlyle GroupNASDAQ:CGView All CompetitorsInsiders & InstitutionsST Germain D J Co. Inc.Bought 1,333 shares on 9/7/2023Ownership: 0.001%Portside Wealth Group LLCBought 648 shares on 9/1/2023Ownership: 0.001%Wolverine Trading LLCSold 10,400 shares on 8/23/2023Ownership: 0.000%Stonebridge Capital Advisors LLCSold 33 shares on 8/23/2023Ownership: 0.000%Old North State Trust LLCSold 54 shares on 8/22/2023Ownership: 0.002%View All Insider TransactionsView All Institutional Transactions AMP Stock - Frequently Asked Questions Should I buy or sell Ameriprise Financial stock right now? 7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Ameriprise Financial in the last year. There are currently 1 sell rating, 3 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" AMP shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in AMP, but not buy additional shares or sell existing shares. View AMP analyst ratings or view top-rated stocks. What is Ameriprise Financial's stock price forecast for 2023? 7 analysts have issued 12 month price targets for Ameriprise Financial's stock. Their AMP share price forecasts range from $250.00 to $410.00. On average, they predict the company's stock price to reach $361.00 in the next twelve months. This suggests a possible upside of 6.4% 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 beginning of 2023. Since then, AMP shares have increased by 9.0% and is now trading at $339.29. 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 August. As of August 31st, there was short interest totaling 771,300 shares, an increase of 12.5% from the August 15th total of 685,400 shares. Based on an average daily trading volume, of 440,300 shares, the days-to-cover ratio is currently 1.8 days. Approximately 0.8% of the company's stock are short sold. 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 Tuesday, October 24th 2023. View our AMP earnings forecast. How were Ameriprise Financial's earnings last quarter? Ameriprise Financial, Inc. (NYSE:AMP) announced its quarterly earnings data on Thursday, July, 27th. The financial services provider reported $7.44 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $7.29 by $0.15. The financial services provider had revenue of $3.88 billion for the quarter, compared to analysts' expectations of $3.81 billion. Ameriprise Financial had a net margin of 15.94% and a trailing twelve-month return on equity of 82.23%. Ameriprise Financial's revenue was up 11.2% compared to the same quarter last year. During the same period last year, the firm earned $5.81 earnings per share. How often does Ameriprise Financial pay dividends? What is the dividend yield for Ameriprise Financial? Ameriprise Financial announced a quarterly dividend on Wednesday, July 26th. Shareholders of record on Monday, August 7th will be paid a dividend of $1.35 per share on Friday, August 18th. This represents a $5.40 annualized dividend and a yield of 1.59%. The ex-dividend date is Friday, August 4th. This is an increase from the stock's previous quarterly dividend of $0.10. 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). 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 1.56%. The company has been increasing its dividend for 18 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 25.36%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, AMP will have a dividend payout ratio of 16.07% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for AMP. How will Ameriprise Financial's stock buyback program work? Ameriprise Financial announced that its board has initiated a stock repurchase plan on Wednesday, July 26th 2023, which authorizes the company to buyback $3,500,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to repurchase up to 9.5% of its shares through open market purchases. Shares buyback plans are typically an indication that the company's leadership believes its stock is 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). What is Ameriprise Financial's stock symbol? Ameriprise Financial trades on the New York Stock Exchange (NYSE) under the ticker symbol "AMP." Who are Ameriprise Financial's major shareholders? Ameriprise Financial's stock is owned by many different retail and institutional investors. Top institutional investors include BlackRock Inc. (8.42%), State Street Corp (4.53%), Aristotle Capital Management LLC (3.71%), Geode Capital Management LLC (2.40%), Bank of New York Mellon Corp (1.75%) and Boston Partners (1.66%). 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. What is Ameriprise Financial's stock price today? One share of AMP stock can currently be purchased for approximately $339.29. How much money does Ameriprise Financial make? Ameriprise Financial (NYSE:AMP) has a market capitalization of $34.82 billion and generates $14.29 billion in revenue each year. The financial services provider earns $2.56 billion in net income (profit) each year or $21.29 on an earnings per share basis. How many employees does Ameriprise Financial have? The company employs 13,500 workers across the globe. 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 How can I contact Ameriprise Financial? Ameriprise Financial's mailing address is 1099 AMERIPRISE FINANCIAL CENTER, MINNEAPOLIS MN, 55474. The official website for the company is www.ameriprise.com. The financial services provider can be reached via phone at (612) 671-3131, via email at alicia.a.charity@ampf.com, or via fax at 612-671-8880. This page (NYSE:AMP) was last updated on 9/21/2023 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. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. 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