Top MarketRank™ StocksTop MarketRank™NYSE:AMP Ameriprise Financial (AMP) Stock Price, News & Analysis $439.65 -2.02 (-0.46%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$436.98▼$444.6950-Day Range$410.89▼$446.1852-Week Range$306.63▼$449.94Volume530,890 shsAverage Volume489,607 shsMarket Capitalization$43.67 billionP/E Ratio14.96Dividend Yield1.35%Price Target$462.89 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Get Ameriprise Financial alerts: Email Address Ameriprise Financial MarketRank™ Stock AnalysisAnalyst RatingHold2.40 Rating ScoreUpside/Downside5.3% Upside$462.89 Price TargetShort InterestHealthy0.96% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-0.38Upright™ Environmental ScoreNews Sentiment0.91Based on 23 Articles This WeekInsider TradingSelling Shares$657,105 Sold Last QuarterProj. Earnings Growth10.40%From $34.90 to $38.53 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.96 out of 5 starsFinance Sector11th out of 898 stocksInvestment Advice Industry3rd out of 49 stocks 2.2 Analyst's Opinion Consensus RatingAmeriprise Financial has received a consensus rating of Hold. The company's average rating score is 2.40, and is based on 5 buy ratings, 4 hold ratings, and 1 sell rating.Amount of Analyst CoverageAmeriprise Financial has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Ameriprise Financial's stock forecast and price target. Previous Next 5.0 Short Interest Percentage of Shares Shorted0.96% 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, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Ameriprise Financial has recently decreased by 12.09%, indicating that investor sentiment is improving significantly. Previous Next 4.2 Dividend Strength Dividend YieldAmeriprise Financial pays a meaningful dividend of 1.40%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthAmeriprise Financial has been increasing its dividend for 20 years.Dividend CoverageThe dividend payout ratio of Ameriprise Financial is 20.15%. 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 15.36% next year. This indicates that Ameriprise Financial will be able to sustain or increase its dividend.Read more about Ameriprise Financial's dividend. Previous Next 2.4 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreAmeriprise Financial has received a 11.81% 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 -0.38. Previous Next 3.3 News and Social Media Coverage News SentimentAmeriprise Financial has a news sentiment score of 0.91. 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 Finance companies.News Coverage This WeekMarketBeat has tracked 23 news articles for Ameriprise Financial this week, compared to 8 articles on an average week.Search InterestOnly 7 people have searched for AMP on MarketBeat in the last 30 days. This is a decrease of -13% compared to the previous 30 days.MarketBeat Follows6 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 $657,105.00 in company stock.Percentage Held by InsidersOnly 0.73% of the stock of Ameriprise Financial is held by insiders.Percentage Held by Institutions83.95% of the stock of Ameriprise Financial is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Ameriprise Financial's insider trading history. Previous Next 3.8 Earnings and Valuation Earnings GrowthEarnings for Ameriprise Financial are expected to grow by 10.40% in the coming year, from $34.90 to $38.53 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Ameriprise Financial is 14.96, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 142.35.Price to Earnings Ratio vs. SectorThe P/E ratio of Ameriprise Financial is 14.96, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 56.81.Price to Earnings Growth RatioAmeriprise Financial has a PEG Ratio of 0.67. 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 9.41. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about Ameriprise Financial's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Porter & CompanyObama wins Presidential debate When I said Obama would seek a third term… They called me a conspiracy theorist, they said it couldn’t happen, that the 22nd Amendment makes it impossible. But as I explained on live radio years ago, “he could have a proxy… while he remains in control of the administration much like Putin did in Russia.” Please, watch this now before it’s too late. About Ameriprise Financial Stock (NYSE:AMP)Ameriprise Financial, Inc., together with 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, advice, and products to retail, high net worth, and institutional clients through third-party financial institutions, advisor networks, direct retail, and its institutional sales force under the Columbia Threadneedle Investments brand name. This segment 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 and infrastructure funds. The Retirement & Protection Solutions segment provides variable annuity products, as well as life and disability income 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.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 HeadlinesJuly 26 at 7:20 PM | seekingalpha.comAmeriprise Financial, Inc. (AMP) Q2 2024 Earnings Call TranscriptJuly 26 at 7:32 AM | americanbankingnews.comAmeriprise Financial, Inc. (NYSE:AMP) to Issue Quarterly Dividend of $1.48July 26, 2024 | InvestorPlace (Ad)Breaking News: Elon Musk Invents New Type of A.I. (Shocking)Could Elon's New Device be Bigger than the iPhone? According to 30-year Silicon Valley and Wall Street veteran, Eric Fry… This mind-blowing new technology could be bigger than the iPhone.July 25 at 7:07 PM | seekingalpha.comAmeriprise Q2/H1 2024: A Repeat Of 2023?July 25 at 2:09 PM | markets.businessinsider.comAmeriprise Financial Inc. Q2 Profit Drops, Inline With EstimatesJuly 25 at 2:09 PM | msn.comAmeriprise Q2 earnings top consensus, buoyed by Asset Management strengthJuly 25 at 2:09 PM | finance.yahoo.comAmeriprise Financial Reports Second Quarter 2024 ResultsJuly 25 at 2:09 PM | msn.comAmeriprise Financial declares $1.48 dividendJuly 26, 2024 | InvestorPlace (Ad)Breaking News: Elon Musk Invents New Type of A.I. (Shocking)Could Elon's New Device be Bigger than the iPhone? According to 30-year Silicon Valley and Wall Street veteran, Eric Fry… This mind-blowing new technology could be bigger than the iPhone.July 24 at 5:14 PM | gurufocus.comAmeriprise Financial Inc (AMP) Q2 2024 Earnings: GAAP EPS of $8.02 Misses Estimates, Revenue Up 9%July 23 at 4:10 PM | markets.businessinsider.comMorgan Stanley Reaffirms Their Hold Rating on Ameriprise Financial (AMP)July 22, 2024 | businesswire.comAmeriprise Financial Gives Nearly $2 million in Grant Funding to Help Families and Individuals in NeedJuly 22, 2024 | businesswire.comAdvisor Team with $250 Million Joins Ameriprise From LPL for Enhanced Planning Capabilities, Support and TechnologyJuly 20, 2024 | benzinga.comHere's How Much You Would Have Made Owning Ameriprise Finl Stock In The Last 5 YearsJuly 17, 2024 | americanbankingnews.comAmeriprise Financial (AMP) to Release Quarterly Earnings on WednesdayJuly 16, 2024 | americanbankingnews.comShort Interest in Ameriprise Financial, Inc. (NYSE:AMP) Expands By 30.0%June 20, 2024 | businesswire.comFinancial Advisor with Over $100 Million and Nearly 30-Years of Industry Experience Joins Ameriprise Financial to Fulfill Growth AspirationsJune 4, 2024 | businesswire.comAdvisor Team with $105 Million In Assets Returns to Ameriprise Financial After 5 Years at LPLSee 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 Ex-Dividend for 5/17 Dividend5/03/2024Dividend Payable5/17/2024Last Earnings7/24/2024Today7/26/2024Ex-Dividend for 8/16 Dividend8/05/2024Dividend Payable8/16/2024Next Earnings (Estimated)10/23/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorFinance Industry Investment advice Sub-IndustryAsset Management & Custody Banks Current SymbolNYSE:AMP CUSIP03076C10 CIK820027 Webwww.ameriprise.com Phone(612) 671-3131Fax612-671-8880Employees13,800Year Founded1894Price Target and Rating Average Stock Price Target$462.89 High Stock Price Target$504.00 Low Stock Price Target$387.00 Potential Upside/Downside+5.2%Consensus RatingHold Rating Score (0-4)2.40 Research Coverage10 Analysts Profitability EPS (Most Recent Fiscal Year)$29.38 Trailing P/E Ratio14.98 Forward P/E Ratio12.61 P/E Growth0.67Net Income$2.56 billion Net Margins18.64% Pretax Margin24.56% Return on Equity75.96% Return on Assets1.96% Debt Debt-to-Equity Ratio1.13 Current Ratio0.56 Quick Ratio0.56 Sales & Book Value Annual Sales$15.94 billion Price / Sales2.74 Cash Flow$32.07 per share Price / Cash Flow13.72 Book Value$46.73 per share Price / Book9.42Miscellaneous Outstanding Shares99,325,000Free Float98,600,000Market Cap$43.71 billion OptionableOptionable Beta1.37 Social Links Elon Musk's Next MoveWondering when you'll finally be able to invest in SpaceX, StarLink, or The Boring Company? Click the link below to learn when Elon Musk will let these companies finally IPO.Get This Free Report Key ExecutivesMr. James M. Cracchiolo (Age 65)Chairman & CEO Comp: $10.44MMr. Walter S. Berman (Age 81)Executive VP, CFO & Chief Risk Officer Comp: $4.09MMr. William Davies (Age 60)Executive VP & Global Chief Investment Officer Comp: $2.92MMr. William Frederick Truscott (Age 64)Chief Executive Officer of Global Asset Management Comp: $3.56MMr. Joseph Edward Sweeney (Age 63)President of Advice & Wealth Management - Products and Service Delivery Comp: $2.76MMr. John R. Hutt (Age 48)Executive VP - Finance, Controller & Principal Accounting Officer Mr. Gerard P. Smyth (Age 62)Executive VP & Global Chief Information Officer Ms. Alicia A. CharitySenior Vice President of Investor RelationsMs. Heather J. Melloh (Age 52)Executive VP & General Counsel Ms. Deirdre D. Davey McGraw (Age 53)Executive Vice President of Marketing, Communications & Community Relations More ExecutivesKey CompetitorsBlackRockNYSE:BLKBank of New York MellonNYSE:BKT. Rowe Price GroupNASDAQ:TROWState StreetNYSE:STTNorthern TrustNASDAQ:NTRSView All CompetitorsInsiders & InstitutionsIMA Advisory Services Inc.Sold 97 shares on 7/26/2024Ownership: 0.006%Atlantic Edge Private Wealth Management LLCBought 57 shares on 7/26/2024Ownership: 0.006%Catalyst Financial Partners LLCBought 63 shares on 7/26/2024Ownership: 0.001%Atomi Financial Group Inc.Bought 152 shares on 7/26/2024Ownership: 0.001%Eagle Bay Advisors LLCBought 378 shares on 7/26/2024Ownership: 0.000%View All Insider TransactionsView All Institutional Transactions Should I Buy Ameriprise Financial Stock? AMP Pros and Cons Explained Pros Here are some ways that investors could benefit from investing in Ameriprise Financial, Inc.: Ameriprise Financial reported strong quarterly earnings with $8.39 EPS, surpassing analyst estimates by $0.29, indicating robust financial performance. The company had a return on equity of 75.97%, showcasing efficient utilization of shareholder equity to generate profits. Ameriprise Financial increased its quarterly dividend to $1.48, representing a positive change and a dividend yield of 1.37%, providing income to investors. Insider activity shows confidence in the company as Director Robert Francis Sharpe, Jr. purchased shares, signaling positive sentiment from within the organization. Institutional investors have been increasing their positions in Ameriprise Financial, indicating confidence in the company's future growth potential. Cons Investors should be bearish about investing in Ameriprise Financial, Inc. for these reasons: Despite positive financial performance, the stock price of Ameriprise Financial may be subject to market volatility and economic uncertainties, impacting investor returns. These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Friday, July 5, 2024. Please send any questions or comments about these Ameriprise Financial pros and cons to contact@marketbeat.com. AMP Stock Analysis - Frequently Asked Questions How have AMP shares performed this year? Ameriprise Financial's stock was trading at $379.83 at the beginning of 2024. Since then, AMP stock has increased by 15.7% and is now trading at $439.65. View the best growth stocks for 2024 here. How were Ameriprise Financial's earnings last quarter? Ameriprise Financial, Inc. (NYSE:AMP) posted its quarterly earnings data on Wednesday, July, 24th. The financial services provider reported $8.72 earnings per share (EPS) for the quarter, beating the consensus estimate of $8.53 by $0.19. Ameriprise Financial's revenue for the quarter was up 9.6% on a year-over-year basis. How will Ameriprise Financial's stock buyback program work? Ameriprise Financial's board authorized a share buyback program on Wednesday, July 26th 2023, which allows the company to repurchase $3,500,000,000 in shares, according to EventVestor. This means that the company could reacquire up to 9.5% of its stock through open market purchases. Stock buyback programs are often a sign that the company's board of directors 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. Does Ameriprise Financial have any subsidiaries? Ameriprise Financial subsidiaries include these companies: JHS Capital, Columbia Management, H&R Block, J & W Seligman, Threadneedle Asset Management, Securities America, American Enterprise Investment Services Inc., and others. Who are Ameriprise Financial's major shareholders? Ameriprise Financial's top institutional investors include Bank of New York Mellon Corp (1.10%), Swedbank AB (0.25%), Sumitomo Mitsui Trust Holdings Inc. (0.22%) and TCW Group Inc. (0.18%). Insiders that own company stock include James M Cracchiolo, William F Truscott, Robert Francis Sharpe Jr, Joseph Edward Sweeney, Gumer Alvero, Walter Stanley Berman, Gerard P Smyth, Heather J Melloh, Dawn M Brockman, John R Hutt and Karen Wilson Thissen. 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of Ameriprise Financial own? Based on aggregate information from My MarketBeat watchlists, some other companies that Ameriprise Financial investors own include Cisco Systems (CSCO), Johnson & Johnson (JNJ), AT&T (T), Intel (INTC), Bank of America (BAC), Home Depot (HD) and Verizon Communications (VZ). This page (NYSE:AMP) was last updated on 7/26/2024 by MarketBeat.com Staff From Our Partners625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. 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