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

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$132.18 +0.22 (+0.17 %)
(As of 02/20/2019 02:29 PM ET)
Previous Close$131.96
Today's Range$131.23 - $132.37
52-Week Range$95.69 - $163.88
Volume29,610 shs
Average Volume986,195 shs
Market Capitalization$18.42 billion
P/E Ratio8.83
Dividend Yield2.75%
Beta1.89
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 Advice & Wealth Management, Asset Management, Annuities, and Protection segments. 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. This segment's 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 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 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$18.3583 per share
Book Value$40.10 per share

Profitability

Net Income$2.10 billion

Miscellaneous

Employees13,000
Market Cap$18.42 billion
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 given 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 2.73%. The ex-dividend date 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 approved a share repurchase program on Sunday, June 4th 2017, which authorizes the company to repurchase $2,500,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to buy up to 12.3% of its shares through open market purchases. Shares repurchase programs are generally a sign that the company's management believes its stock is undervalued.

How were Ameriprise Financial's earnings last quarter?

Ameriprise Financial, Inc. (NYSE:AMP) issued its earnings results on Wednesday, January, 30th. The financial services provider reported $3.80 earnings per share (EPS) for the quarter, beating 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 net margin of 16.35% and a return on equity of 38.65%. The company's revenue was up .0% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.18 EPS. 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 Monday, April 22nd 2019. View Earnings Estimates for Ameriprise Financial.

What price target have analysts set for AMP?

8 brokerages have issued 12 month price objectives for Ameriprise Financial's shares. Their predictions range from $134.00 to $186.00. On average, they anticipate Ameriprise Financial's stock price to reach $150.00 in the next twelve months. This suggests a possible upside of 13.7% from the stock's current price. View Analyst Price Targets for Ameriprise Financial.

What is the consensus analysts' recommendation for Ameriprise Financial?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ameriprise Financial in the last year. There are currently 3 hold ratings and 5 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?

Press coverage about AMP stock has trended somewhat negative on Wednesday, InfoTrie Sentiment reports. InfoTrie identifies positive and negative news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Ameriprise Financial earned a daily sentiment score of -1.1 on InfoTrie's scale. They also gave media headlines about the financial services provider a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the stock's share price in the near future.

Who are some of Ameriprise Financial's key competitors?

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 number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (7.39%), Oregon Public Employees Retirement Fund (2.45%), Bank of New York Mellon Corp (2.38%), LSV Asset Management (2.26%), Geode Capital Management LLC (1.40%) and Northern Trust Corp (1.25%). 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 Two Sigma Investments LP, Bank of America Corp DE, Millennium Management LLC, Lord Abbett & CO. LLC, Renaissance Group LLC, Foresters Investment Management Company Inc., BlackRock Inc. and Eagle Asset Management Inc.. View Insider Buying and Selling for Ameriprise Financial.

Which institutional investors are buying Ameriprise Financial stock?

AMP stock was acquired by a variety of institutional investors in the last quarter, including Oregon Public Employees Retirement Fund, Dimensional Fund Advisors LP, Geode Capital Management LLC, Beutel Goodman & Co Ltd., Avalon Advisors LLC, Nuveen Asset Management LLC, Mackenzie Financial Corp and Susquehanna Fundamental Investments LLC. 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 $131.97.

How big of a company is Ameriprise Financial?

Ameriprise Financial has a market capitalization of $18.39 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 13,000 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:  455 (Vote Outperform)
Underperform Votes:  410 (Vote Underperform)
Total Votes:  865
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 2/20/2019 by MarketBeat.com Staff

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