S&P 500   4,614.05 (+0.21%)
DOW   36,353.95 (+0.29%)
QQQ   394.55 (+0.61%)
AAPL   192.24 (-1.77%)
MSFT   368.64 (-1.49%)
META   321.35 (-3.43%)
GOOGL   132.29 (-2.00%)
AMZN   145.04 (-1.61%)
TSLA   239.15 (-1.92%)
NVDA   462.53 (-2.64%)
NIO   7.60 (+2.98%)
BABA   71.37 (-1.07%)
AMD   133.62 (+3.65%)
T   16.67 (-1.48%)
F   11.14 (+1.18%)
MU   78.43 (+4.63%)
CGC   0.74 (-7.36%)
GE   120.24 (-0.29%)
DIS   92.85 (+0.03%)
AMC   7.03 (+1.44%)
PFE   28.54 (-0.83%)
PYPL   59.27 (+0.56%)
XOM   99.03 (-0.52%)
S&P 500   4,614.05 (+0.21%)
DOW   36,353.95 (+0.29%)
QQQ   394.55 (+0.61%)
AAPL   192.24 (-1.77%)
MSFT   368.64 (-1.49%)
META   321.35 (-3.43%)
GOOGL   132.29 (-2.00%)
AMZN   145.04 (-1.61%)
TSLA   239.15 (-1.92%)
NVDA   462.53 (-2.64%)
NIO   7.60 (+2.98%)
BABA   71.37 (-1.07%)
AMD   133.62 (+3.65%)
T   16.67 (-1.48%)
F   11.14 (+1.18%)
MU   78.43 (+4.63%)
CGC   0.74 (-7.36%)
GE   120.24 (-0.29%)
DIS   92.85 (+0.03%)
AMC   7.03 (+1.44%)
PFE   28.54 (-0.83%)
PYPL   59.27 (+0.56%)
XOM   99.03 (-0.52%)
S&P 500   4,614.05 (+0.21%)
DOW   36,353.95 (+0.29%)
QQQ   394.55 (+0.61%)
AAPL   192.24 (-1.77%)
MSFT   368.64 (-1.49%)
META   321.35 (-3.43%)
GOOGL   132.29 (-2.00%)
AMZN   145.04 (-1.61%)
TSLA   239.15 (-1.92%)
NVDA   462.53 (-2.64%)
NIO   7.60 (+2.98%)
BABA   71.37 (-1.07%)
AMD   133.62 (+3.65%)
T   16.67 (-1.48%)
F   11.14 (+1.18%)
MU   78.43 (+4.63%)
CGC   0.74 (-7.36%)
GE   120.24 (-0.29%)
DIS   92.85 (+0.03%)
AMC   7.03 (+1.44%)
PFE   28.54 (-0.83%)
PYPL   59.27 (+0.56%)
XOM   99.03 (-0.52%)
S&P 500   4,614.05 (+0.21%)
DOW   36,353.95 (+0.29%)
QQQ   394.55 (+0.61%)
AAPL   192.24 (-1.77%)
MSFT   368.64 (-1.49%)
META   321.35 (-3.43%)
GOOGL   132.29 (-2.00%)
AMZN   145.04 (-1.61%)
TSLA   239.15 (-1.92%)
NVDA   462.53 (-2.64%)
NIO   7.60 (+2.98%)
BABA   71.37 (-1.07%)
AMD   133.62 (+3.65%)
T   16.67 (-1.48%)
F   11.14 (+1.18%)
MU   78.43 (+4.63%)
CGC   0.74 (-7.36%)
GE   120.24 (-0.29%)
DIS   92.85 (+0.03%)
AMC   7.03 (+1.44%)
PFE   28.54 (-0.83%)
PYPL   59.27 (+0.56%)
XOM   99.03 (-0.52%)

Ameriprise Financial (AMP) Stock Price, News & Analysis

$366.37
+8.79 (+2.46%)
(As of 12:56 PM ET)
Compare
Today's Range
$358.89
$366.77
50-Day Range
$307.14
$357.58
52-Week Range
$275.09
$366.77
Volume
253,890 shs
Average Volume
530,056 shs
Market Capitalization
$37.08 billion
P/E Ratio
14.91
Dividend Yield
1.47%
Price Target
$385.50

Ameriprise Financial MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.60 Rating Score
Upside/​Downside
6.4% Upside
$385.50 Price Target
Short Interest
Healthy
1.03% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.43
Upright™ Environmental Score
News Sentiment
1.14mentions of Ameriprise Financial in the last 14 days
Based on 7 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
13.07%
From $29.53 to $33.39 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.68 out of 5 stars

Financial Services Sector

11th out of 61 stocks

Asset Management Industry

3rd out of 12 stocks


AMP stock logo

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.

AMP Stock Price History

AMP Stock News Headlines

Is This The Most Overlooked Gold Investment Strategy of 2024?
There is little debate on the potential of gold in the next year and decade. The real issue becomes - what's the best gold investment strategy today? Some investors are opting for a unique "royalty" alternative that outshines other options like holding gold bullion or investing in volatile mining stocks.
Is This The Most Overlooked Gold Investment Strategy of 2024?
There is little debate on the potential of gold in the next year and decade. The real issue becomes - what's the best gold investment strategy today? Some investors are opting for a unique "royalty" alternative that outshines other options like holding gold bullion or investing in volatile mining stocks.
Ameriprise Financial Inc's Dividend Analysis
Q3 2023 Ameriprise Financial Inc Earnings Call
Ameriprise Financial Inc. Reveals Decline In Q3 Bottom Line
See 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.

Company Calendar

Last Earnings
10/25/2023
Ex-Dividend for 11/17 Dividend
11/03/2023
Dividend Payable
11/17/2023
Today
12/11/2023
Fiscal Year End
12/31/2023
Next Earnings (Estimated)
1/24/2024

Industry, Sector and Symbol

Industry
Asset Management
Sub-Industry
Asset Management & Custody Banks
CUSIP
03076C10
Employees
13,500
Year Founded
1894

Price 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 Rating
Moderate Buy
Rating Score (0-4)
2.60
Research Coverage
5 Analysts

Profitability

Net Income
$2.56 billion
Pretax Margin
18.52%

Debt

Sales & Book Value

Annual Sales
$15.22 billion
Cash Flow
$26.85 per share
Book Value
$33.95 per share

Miscellaneous

Free Float
100,457,000
Market Cap
$36.19 billion
Optionable
Optionable
Beta
1.44

Social Links

The Best High-Yield Dividend Stocks for 2023 Cover

Looking to generate income with your stock portfolio? Use these ten stocks to generate a safe and reliable source of investment income.

Get This Free Report

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 equities research analysts have issued "buy," "hold," and "sell" ratings for Ameriprise Financial in the last twelve months. There are currently 2 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research 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 equities research analysts have issued 12-month price targets for Ameriprise Financial's stock. Their AMP share price targets range from $365.00 to $410.00. On average, they expect the company's share price to reach $385.50 in the next year. 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 start of the year. Since then, AMP shares have increased by 16.3% and is now trading at $362.23.
View the best growth stocks for 2023 here
.

Are investors shorting Ameriprise Financial?

Ameriprise Financial saw a increase in short interest in 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 company 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) released its earnings results on Wednesday, October, 25th. The financial services provider reported $7.68 earnings per share for the quarter, beating analysts' consensus estimates 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 trailing twelve-month return on equity of 81.75% and a net margin of 17.63%.

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 annualized dividend and a dividend yield of 1.49%. The ex-dividend date 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 1.54%. 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.

How will Ameriprise Financial's stock buyback program work?

Ameriprise Financial announced that its board has initiated a share repurchase plan on Wednesday, July 26th 2023, which allows the company to buyback $3,500,000,000.00 in outstanding 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 usually 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 investors 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 12/11/2023 by MarketBeat.com Staff

My Account -