NYSE:AMP - Ameriprise Financial Stock Price, News, & Analysis

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$143.27 +0.02 (+0.01 %)
(As of 04/19/2019 04:00 PM ET)
Previous Close$143.27
Today's Range$141.80 - $143.91
52-Week Range$95.69 - $153.15
Volume1.02 million shs
Average Volume968,310 shs
Market Capitalization$19.40 billion
P/E Ratio9.59
Dividend Yield2.51%
Beta1.91
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 five segments: Advice & Wealth Management, Asset Management, Annuities, Protection, and Corporate & Other. The Advice & Wealth Management segment provides financial planning and advice, as well as full-service brokerage services primarily to retail clients through its advisors. 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. Its 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 funds. The Annuities segment provides variable and fixed annuity products to individual clients through affiliated and unaffiliated advisors, and financial institutions. The Protection segment offers various products to address the protection and risk management needs of retail clients, including life, disability income, and property casualty insurance through advisors and affinity relationships. The Corporate & Other segment consist of long term care business, net investment income or loss on corporate level assets. 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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Industry, Sector and Symbol

Industry Investment advice
Sub-IndustryAsset Management & Custody Banks
SectorFinance
CUSIP03076C10
Phone612-671-3131

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$12.84 billion
Cash Flow$17.4933 per share
Book Value$40.10 per share

Profitability

Net Income$2.10 billion

Miscellaneous

Employees14,000
Market Cap$19.40 billion
Next Earnings Date4/24/2019 (Confirmed)
OptionableOptionable

Ameriprise Financial (NYSE:AMP) Frequently Asked Questions

What is Ameriprise Financial's stock symbol?

Ameriprise Financial trades on the New York Stock Exchange (NYSE) under the ticker symbol "AMP."

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

Ameriprise Financial declared a quarterly dividend on Wednesday, January 30th. Investors of record on Friday, February 15th will be paid a dividend of $0.90 per share on Thursday, February 28th. This represents a $3.60 dividend on an annualized basis and a yield of 2.51%. The ex-dividend date of this dividend is Thursday, February 14th. View Ameriprise Financial's Dividend History.

How will Ameriprise Financial's stock buyback program work?

Ameriprise Financial declared that its board has authorized a share repurchase plan on Sunday, June 4th 2017, which authorizes the company to repurchase $2,500,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase up to 12.3% of its stock through open market purchases. Stock repurchase plans are usually a sign that the company's board believes its shares are undervalued.

How were Ameriprise Financial's earnings last quarter?

Ameriprise Financial, Inc. (NYSE:AMP) posted its quarterly earnings results on Wednesday, January, 30th. The financial services provider reported $3.80 EPS for the quarter, topping analysts' consensus estimates of $3.68 by $0.12. The financial services provider earned $3.18 billion during the quarter, compared to analysts' expectations of $3.15 billion. Ameriprise Financial had a return on equity of 38.65% and a net margin of 16.35%. The business's revenue for the quarter was up .0% compared to the same quarter last year. During the same period in the previous year, the company earned $1.18 earnings per share. View Ameriprise Financial's Earnings History.

When is Ameriprise Financial's next earnings date?

Ameriprise Financial is scheduled to release their next quarterly earnings announcement on Wednesday, April 24th 2019. View Earnings Estimates for Ameriprise Financial.

What price target have analysts set for AMP?

7 Wall Street analysts have issued 1 year target prices for Ameriprise Financial's shares. Their forecasts range from $134.00 to $175.00. On average, they expect Ameriprise Financial's stock price to reach $150.00 in the next twelve months. This suggests a possible upside of 4.7% from the stock's current price. View Analyst Price Targets for Ameriprise Financial.

What is the consensus analysts' recommendation for Ameriprise Financial?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ameriprise Financial in the last year. There are currently 3 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Ameriprise Financial.

Has Ameriprise Financial been receiving favorable news coverage?

News coverage about AMP stock has been trending positive recently, according to InfoTrie. The research group ranks the sentiment of press coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Ameriprise Financial earned a coverage optimism score of 2.6 on InfoTrie's scale. They also gave media stories about the financial services provider a news buzz of 3.0 out of 10, indicating that recent press coverage is unlikely to have an effect on the company's share price in the next several days.

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), Bank of America (BAC), Johnson & Johnson (JNJ), Starbucks (SBUX), AT&T (T), Pfizer (pfe), Intel (INTC), Chevron (CVX), The Coca-Cola (KO) and CVS Health (CVS).

Who are Ameriprise Financial's key executives?

Ameriprise Financial's management team includes the folowing people:
  • Mr. James M. Cracchiolo, Chairman & CEO (Age 60)
  • Mr. Walter S. Berman, Exec. VP & CFO (Age 76)
  • Mr. Colin Moore AIIMR, Exec. VP & Global Chief Investment Officer (Age 61)
  • Mr. William Frederick Truscott, Chief Exec. Officer of Global Asset Management (Age 59)
  • Mr. Joseph Edward Sweeney, Pres of Advice & Wealth Management - Products & Service Delivery (Age 58)

Who are Ameriprise Financial's major shareholders?

Ameriprise Financial's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Retirement Systems of Alabama (0.19%), Pennsylvania Trust Co (0.10%), Ferguson Wellman Capital Management Inc. (0.07%), Nisa Investment Advisors LLC (0.05%), Gradient Investments LLC (0.04%) and State of Alaska Department of Revenue (0.03%). Company insiders that own Ameriprise Financial stock include Charles Neal Maglaque, Colin Moore, David Kent Stewart, Deirdre Davey Mcgraw, James M Cracchiolo, John Robert Woerner, Joseph Edward Sweeney, Karen Wilson Thissen, Kelli A Hunter, Randy Kupper, Walter Stanley Berman and William F Truscott. View Institutional Ownership Trends for Ameriprise Financial.

Which institutional investors are selling Ameriprise Financial stock?

AMP stock was sold by a variety of institutional investors in the last quarter, including Quantitative Systematic Strategies LLC, Gradient Investments LLC, Virtu Financial LLC, DNB Asset Management AS, First Hawaiian Bank, Appleton Partners Inc. MA, Eqis Capital Management Inc. and Gofen & Glossberg LLC IL. View Insider Buying and Selling for Ameriprise Financial.

Which institutional investors are buying Ameriprise Financial stock?

AMP stock was bought by a variety of institutional investors in the last quarter, including Pennsylvania Trust Co, Retirement Systems of Alabama, Cohen Klingenstein LLC, State of Alaska Department of Revenue, Shorepoint Capital Partners LLC, KAMES CAPITAL plc, Polaris Greystone Financial Group LLC and Hennessy Advisors Inc.. Company insiders that have bought Ameriprise Financial stock in the last two years include James M Cracchiolo and Walter Stanley Berman. View Insider Buying and Selling for Ameriprise Financial.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Ameriprise Financial's stock price today?

One share of AMP stock can currently be purchased for approximately $143.27.

How big of a company is Ameriprise Financial?

Ameriprise Financial has a market capitalization of $19.40 billion and generates $12.84 billion in revenue each year. The financial services provider earns $2.10 billion in net income (profit) each year or $14.94 on an earnings per share basis. Ameriprise Financial employs 14,000 workers across the globe.

What is Ameriprise Financial's official website?

The official website for Ameriprise Financial is http://www.ameriprise.com.

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 612-671-3131 or via email at [email protected]


MarketBeat Community Rating for Ameriprise Financial (NYSE AMP)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  463 (Vote Outperform)
Underperform Votes:  421 (Vote Underperform)
Total Votes:  884
MarketBeat's community ratings are surveys of what our community members think about Ameriprise Financial and other stocks. Vote "Outperform" if you believe AMP will outperform the S&P 500 over the long term. Vote "Underperform" if you believe AMP will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 4/20/2019 by MarketBeat.com Staff

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