NYSE:AMP

Ameriprise Financial Stock Forecast, Price & News

$236.66
-8.30 (-3.39 %)
(As of 06/18/2021 12:00 AM ET)
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Today's Range
$236.35
$240.71
50-Day Range
$236.66
$265.65
52-Week Range
$140.79
$269.29
Volume1.34 million shs
Average Volume698,131 shs
Market Capitalization$27.43 billion
P/E RatioN/A
Dividend Yield1.91%
Beta1.7
30 days | 90 days | 365 days | Advanced Chart
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Ameriprise Financial logo

About Ameriprise Financial

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. Ameriprise Financial, Inc. was founded in 1894 and is headquartered in Minneapolis, Minnesota.

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MarketRank

Overall MarketRank

2.22 out of 5 stars

Finance Sector

96th out of 1,970 stocks

Investment Advice Industry

12th out of 70 stocks

Analyst Opinion: 1.4Community Rank: 2.6Dividend Strength: 4.2Insider Behavior: 1.7Valuation: 1.3 5 -4 -3 -2 -1 -
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Ameriprise Financial (NYSE:AMP) Frequently Asked Questions

Is Ameriprise Financial a buy 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 hold rating and 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Ameriprise Financial stock.
View analyst ratings for Ameriprise Financial
or view top-rated stocks.

What stocks does MarketBeat like better than Ameriprise Financial?

Wall Street analysts have given Ameriprise Financial a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Ameriprise Financial wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is Ameriprise Financial's next earnings date?

Ameriprise Financial is scheduled to release its next quarterly earnings announcement on Wednesday, August 4th 2021.
View our earnings forecast for Ameriprise Financial
.

How were Ameriprise Financial's earnings last quarter?

Ameriprise Financial, Inc. (NYSE:AMP) issued its quarterly earnings data on Sunday, April, 25th. The financial services provider reported $5.43 EPS for the quarter, beating the consensus estimate of $4.73 by $0.70. The financial services provider had revenue of $3.35 billion for the quarter, compared to analysts' expectations of $3.23 billion. Ameriprise Financial had a negative net margin of 0.53% and a positive trailing twelve-month return on equity of 34.89%. The company's quarterly revenue was up 11.6% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $5.41 EPS.
View Ameriprise Financial's earnings history
.

How has Ameriprise Financial's stock been impacted by Coronavirus (COVID-19)?

Ameriprise Financial's stock was trading at $110.78 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, AMP shares have increased by 113.6% and is now trading at $236.66.
View which stocks have been most impacted by COVID-19
.

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

Ameriprise Financial declared a quarterly dividend on Monday, April 26th. Shareholders of record on Monday, May 10th will be given a dividend of $1.13 per share on Friday, May 21st. This represents a $4.52 annualized dividend and a yield of 1.91%. The ex-dividend date of this dividend is Friday, May 7th. This is a boost from Ameriprise Financial's previous quarterly dividend of $1.04.
View Ameriprise Financial's dividend history
.

Is Ameriprise Financial a good dividend stock?

Ameriprise Financial pays an annual dividend of $4.52 per share and currently has a dividend yield of 1.91%. Ameriprise Financial has been increasing its dividend for 11 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio of Ameriprise Financial is 32.10%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Ameriprise Financial will have a dividend payout ratio of 19.81% next year. This indicates that Ameriprise Financial will be able to sustain or increase its dividend.
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 share repurchase plan on Tuesday, September 29th 2020, which allows the company to buyback $2,500,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to reacquire up to 12.5% of its stock through open market purchases. Stock buyback plans are typically an indication that the company's board believes its stock is undervalued.

What price target have analysts set for AMP?

7 Wall Street analysts have issued twelve-month price objectives for Ameriprise Financial's shares. Their forecasts range from $185.00 to $295.00. On average, they expect Ameriprise Financial's stock price to reach $237.75 in the next year. This suggests a possible upside of 0.5% from the stock's current price.
View analysts' price targets for Ameriprise Financial
or view top-rated stocks among Wall Street analysts.

Who are Ameriprise Financial's key executives?

Ameriprise Financial's management team includes the following people:
  • Mr. James M. Cracchiolo, Chairman & CEO (Age 62, Pay $7.16M)
  • Mr. Walter S. Berman, Exec. VP, CFO & Chief Risk Officer (Age 78, Pay $3.45M)
  • Mr. Colin Moore AIIMR, Exec. VP & Global Chief Investment Officer (Age 63, Pay $2.3M)
  • Mr. William Frederick Truscott, Chief Exec. Officer of Global Asset Management (Age 61, Pay $2.86M)
  • Mr. Joseph Edward Sweeney, Pres of Advice & Wealth Management - Products and Service Delivery (Age 60, Pay $1.91M)
  • Mr. Charles Neal Maglaque, Pres of Advice & Wealth Management, Bus. Devel. and COO (Age 64)
  • Mr. Gerard P. Smyth, Exec. VP & Chief Information Officer (Age 59)
  • Ms. Alicia A. Charity, Sr. VP of Investor Relations
  • Ms. Karen Wilson Thissen, Exec. VP & Gen. Counsel (Age 54)
  • Ms. Deirdre D. Davey McGraw, Exec. VP of Marketing, Corp. Communications & Community Relations (Age 50)

What is Jim Cracchiolo's approval rating as Ameriprise Financial's CEO?

917 employees have rated Ameriprise Financial CEO Jim Cracchiolo on Glassdoor.com. Jim Cracchiolo has an approval rating of 89% among Ameriprise Financial's employees.

Who are some of Ameriprise Financial's key competitors?

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), The Home Depot (HD), Verizon Communications (VZ), The 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 a variety of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (7.68%), JPMorgan Chase & Co. (3.87%), Bank of New York Mellon Corp (2.16%), LSV Asset Management (2.02%), Boston Partners (1.83%) and UBS Asset Management Americas Inc. (1.80%). Company insiders that own Ameriprise Financial stock include Colin Moore, Gerard P Smyth, John R Hutt, John Robert Woerner, Joseph Edward Sweeney, Karen Wilson Thissen, Randy Kupper, Walter Stanley Berman and William F Truscott.
View institutional ownership trends for Ameriprise Financial
.

Which major investors are selling Ameriprise Financial stock?

AMP stock was sold by a variety of institutional investors in the last quarter, including UBS Group AG, Cibc World Markets Corp, AQR Capital Management LLC, Millennium Management LLC, Royal Bank of Canada, Bank of Montreal Can, LSV Asset Management, and Great West Life Assurance Co. Can. Company insiders that have sold Ameriprise Financial company stock in the last year include Colin Moore, Gerard P Smyth, John R Hutt, John Robert Woerner, Joseph Edward Sweeney, Karen Wilson Thissen, Walter Stanley Berman, and William F Truscott.
View insider buying and selling activity for Ameriprise Financial
or view top insider-selling stocks.

Which major investors are buying Ameriprise Financial stock?

AMP stock was bought by a variety of institutional investors in the last quarter, including Viking Global Investors LP, Bank of New York Mellon Corp, JPMorgan Chase & Co., BlackRock Inc., Boston Partners, Morgan Stanley, Assenagon Asset Management S.A., and Goldman Sachs Group Inc..
View insider buying and selling activity for Ameriprise Financial
or or view top insider-buying stocks.

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 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 $236.66.

How much money does Ameriprise Financial make?

Ameriprise Financial has a market capitalization of $27.43 billion and generates $11.90 billion in revenue each year. The financial services provider earns $1.53 billion in net income (profit) each year or $14.08 on an earnings per share basis.

How many employees does Ameriprise Financial have?

Ameriprise Financial employs 12,300 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.

When was Ameriprise Financial founded?

Ameriprise Financial was founded in 1894.

What is Ameriprise Financial's official website?

The official website for Ameriprise Financial is www.ameriprise.com.

Where are Ameriprise Financial's headquarters?

Ameriprise Financial is headquartered at 1099 AMERIPRISE FINANCIAL CENTER, MINNEAPOLIS MN, 55474.

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 612-671-8001 or via email at [email protected]


This page was last updated on 6/21/2021 by MarketBeat.com Staff
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