NYSE:AMP Ameriprise Financial (AMP) Stock Forecast, Price & News $314.51 -2.63 (-0.83%) (As of 06/8/2023 ET) Add Compare Share Share Today's Range$309.81▼$316.4350-Day Range$282.02▼$317.1452-Week Range$219.99▼$357.46Volume460,703 shsAverage Volume609,233 shsMarket Capitalization$32.77 billionP/E Ratio15.97Dividend Yield1.72%Price Target$349.70 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Ameriprise Financial MarketRank™ ForecastAnalyst RatingHold2.44 Rating ScoreUpside/Downside11.2% Upside$349.70 Price TargetShort InterestHealthy1.15% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-0.55Upright™ Environmental ScoreNews Sentiment0.98Based on 5 Articles This WeekInsider TradingN/AProj. Earnings Growth10.46%From $30.39 to $33.57 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.81 out of 5 starsFinance Sector173rd out of 857 stocksInvestment Advice Industry9th out of 51 stocks 2.2 Analyst's Opinion Consensus RatingAmeriprise Financial has received a consensus rating of Hold. The company's average rating score is 2.44, and is based on 5 buy ratings, 3 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $349.70, Ameriprise Financial has a forecasted upside of 11.2% from its current price of $314.51.Amount of Analyst CoverageAmeriprise Financial has only been the subject of 1 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.15% 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 1.9, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Ameriprise Financial has recently increased by 14.29%, indicating that investor sentiment is decreasing significantly. Previous Next 4.2 Dividend Strength Dividend YieldAmeriprise Financial pays a meaningful dividend of 1.73%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthAmeriprise Financial has been increasing its dividend for 18 years.Dividend CoverageThe dividend payout ratio of Ameriprise Financial is 27.43%. 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 16.09% next year. This indicates that Ameriprise Financial will be able to sustain or increase its dividend. Previous Next 2.9 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreAmeriprise Financial has received a 25.18% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Consumer deposit accounts", "Vehicle insurance services for individuals", "Pension funding services", and "Life annuities" products. See details.Environmental SustainabilityThe Environmental Impact score for Ameriprise Financial is -0.55. Previous Next 2.2 News and Social Media Coverage News SentimentAmeriprise Financial has a news sentiment score of 0.98. 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 0.60 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 5 news articles for Ameriprise Financial this week, compared to 6 articles on an average week.Search InterestOnly 6 people have searched for AMP on MarketBeat in the last 30 days. This is a decrease of -73% compared to the previous 30 days.MarketBeat FollowsOnly 3 people have added Ameriprise Financial to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Ameriprise Financial insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.73% of the stock of Ameriprise Financial is held by insiders.Percentage Held by Institutions81.66% of the stock of Ameriprise Financial is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.8 Earnings and Valuation Earnings GrowthEarnings for Ameriprise Financial are expected to grow by 10.46% in the coming year, from $30.39 to $33.57 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Ameriprise Financial is 15.97, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 146.83.Price to Earnings Ratio vs. SectorThe P/E ratio of Ameriprise Financial is 15.97, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 151.85.Price to Earnings Growth RatioAmeriprise Financial has a PEG Ratio of 0.65. 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 9.26. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Ameriprise Financial (NYSE:AMP) StockAmeriprise Financial, Inc. operates as a holding company. The firm provides financial planning, asset management and insurance services to individuals, businesses and institutions. It operates through the following business segments: Advice & Wealth Management, Asset Management, Retirement & Protection Solutions, and Corporate & Other. The Advice & Wealth Management segment provides financial planning and advice, as well as full-service brokerage and banking services, primarily to retail clients through the company's financial advisors. The Asset Management segment provides investment advice and investment products to retail and institutional clients. It also provides products and services on a global scale through two complementary asset management businesses: Columbia Management and Threadneedle. The Columbia Management business primarily provides U.S. domestic products and services and Threadneedle primarily provides international investment products and services. Its international retail products are primarily provided through third-party financial institutions. The segments retail products include mutual funds and variable product funds underlying insurance and annuity separatRead More 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 AMP Stock News HeadlinesJune 8, 2023 | finance.yahoo.comAmeriprise Financial Recognized by Forbes as One of "America’s Best Large Employers 2023"June 4, 2023 | americanbankingnews.comStockNews.com Lowers Ameriprise Financial (NYSE:AMP) to SellJune 9, 2023 | Behind the Markets (Ad)BREAKING: Tiny biotech successfully treats blindnessThere's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. This company has already shown success in human trials... And Our research shows that anyone who gets in today could see a 46,751% return.June 1, 2023 | finance.yahoo.comAmeriprise Financial Hosts Nationwide Volunteer Events in Partnership with Feeding America® to Help People Experiencing HungerMay 31, 2023 | tmcnet.comAmeriprise Financial Advisors Embrace eMeeting - Exclusive Capability thatMay 31, 2023 | americanbankingnews.comShort Interest in Ameriprise Financial, Inc. (NYSE:AMP) Increases By 14.3%May 30, 2023 | finance.yahoo.comAdvisor Moves Practice to Ameriprise Financial to Provide Enhanced Experience to ClientsMay 30, 2023 | finance.yahoo.comAmeriprise Financial Insiders Sell US$25m Of Stock, Possibly Signalling CautionJune 9, 2023 | Behind the Markets (Ad)BREAKING: Tiny biotech successfully treats blindnessThere's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. This company has already shown success in human trials... And Our research shows that anyone who gets in today could see a 46,751% return.May 30, 2023 | finance.yahoo.comAmeriprise Financial Insiders Sell US$25m Of Stock, Possibly Signalling Caution \May 25, 2023 | bizjournals.comAmeriprise Financial to open corporate office at 300 South Tryon in uptown CharlotteMay 24, 2023 | businesswire.comAmeriprise Financial Welcomes Team of Women Advisors Who Were “Blown Away” by the Firm’s Supportive, Client-First CultureMay 23, 2023 | finance.yahoo.comAmeriprise Financial Welcomes Team of Women Advisors Who Were "Blown Away" by the Firm’s Supportive, Client-First CultureMay 23, 2023 | finance.yahoo.comAmeriprise (AMP) Aided by Robust AUM Balance Amid Cost WoesMay 22, 2023 | finance.yahoo.comThe Zacks Analyst Blog Highlights NVIDIA, Cisco, Philip Morris, BCE and Ameriprise FinancialMay 19, 2023 | finance.yahoo.comTop Research Reports for NVIDIA, Cisco Systems & Philip MorrisMay 19, 2023 | americanbankingnews.comAmeriprise Financial (NYSE:AMP) Coverage Initiated by Analysts at StockNews.comMay 16, 2023 | americanbankingnews.comBrokerages Set Ameriprise Financial, Inc. (NYSE:AMP) Target Price at $349.70May 13, 2023 | finance.yahoo.comInvesting in Ameriprise Financial (NYSE:AMP) three years ago would have delivered you a 154% gainMay 13, 2023 | americanbankingnews.comAmeriprise Financial, Inc. to Post Q2 2023 Earnings of $7.11 Per Share, Zacks Research Forecasts (NYSE:AMP)May 12, 2023 | americanbankingnews.comAmeriprise Financial (NYSE:AMP) versus GCM Grosvenor (NASDAQ:GCMGW) Financial SurveyMay 11, 2023 | americanbankingnews.comAmeriprise Financial (NYSE:AMP) Upgraded to Hold at StockNews.comMay 8, 2023 | finance.yahoo.comAdvisor Team with Nearly $400 Million in Assets Joins Ameriprise Financial for Supportive and Collaborative CultureMay 8, 2023 | finance.yahoo.comInstitutional investors in Ameriprise Financial, Inc. (NYSE:AMP) lost 3.8% last week but have reaped the benefits of longer-term growthMay 4, 2023 | finance.yahoo.comAmeriprise Financial First Quarter 2023 Earnings: EPS Misses ExpectationsMay 3, 2023 | marketwatch.comAmeriprise Financial Inc. stock underperforms Wednesday when compared to competitorsMay 3, 2023 | americanbankingnews.comAmeriprise Financial (NYSE:AMP) Lowered to Sell at StockNews.comSee More Headlines AMP Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart AMP Company Calendar Last Earnings4/25/2023Ex-Dividend for 5/19 Dividend5/05/2023Dividend Payable5/19/2023Today6/08/2023Next Earnings (Estimated)7/25/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Investment advice Sub-IndustryAsset Management & Custody Banks SectorFinance Current SymbolNYSE:AMP CUSIP03076C10 CIK820027 Webwww.ameriprise.com Phone(612) 671-3131Fax612-671-8880Employees13,500Year Founded1894Price Target and Rating Average Stock Price Forecast$349.70 High Stock Price Forecast$401.00 Low Stock Price Forecast$250.00 Forecasted Upside/Downside+11.2%Consensus RatingHold Rating Score (0-4)2.44 Research Coverage9 Analysts Profitability EPS (Most Recent Fiscal Year)$19.69 Trailing P/E Ratio15.97 Forward P/E Ratio10.35 P/E Growth0.65Net Income$2.56 billion Net Margins15.41% Pretax Margin18.59% Return on Equity77.32% Return on Assets1.86% Debt Debt-to-Equity Ratio1.43 Current Ratio0.66 Quick Ratio0.66 Sales & Book Value Annual Sales$14.29 billion Price / Sales2.29 Cash Flow$26.61 per share Price / Cash Flow11.82 Book Value$33.95 per share Price / Book9.26Miscellaneous Outstanding Shares104,180,000Free Float103,418,000Market Cap$32.77 billion OptionableOptionable Beta1.46 Social Links Key ExecutivesJim CracchioloChairman & Chief Executive OfficerCharles Neal MaglaqueCOO & President-Business DevelopmentWalter Stanley BermanExecutive VP, Chief Financial & Risk OfficerGerard SmythChief Information Officer & Executive VPHeather MellohExecutive Vice President & General CounselKey CompetitorsFranklin ResourcesNYSE:BENAres ManagementNYSE:ARESApollo Global ManagementNYSE:APOKKR & Co. Inc.NYSE:KKRBlue Owl CapitalNYSE:OWLView All CompetitorsInsiders & InstitutionsBerkshire Asset Management LLC PABought 911 shares on 6/6/2023Ownership: 0.001%EP Wealth Advisors LLCBought 1,433 shares on 6/5/2023Ownership: 0.001%Level Four Advisory Services LLCBought 726 shares on 6/5/2023Ownership: 0.001%Ontario Teachers Pension Plan BoardBought 352 shares on 6/1/2023Ownership: 0.004%Prelude Capital Management LLCBought 896 shares on 6/1/2023Ownership: 0.001%View All Insider TransactionsView All Institutional Transactions AMP Stock - Frequently Asked Questions Should I buy or sell Ameriprise Financial stock right now? 9 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Ameriprise Financial in the last twelve months. There are currently 1 sell rating, 3 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" AMP shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in AMP, but not buy additional shares or sell existing shares. View AMP analyst ratings or view top-rated stocks. What is Ameriprise Financial's stock price forecast for 2023? 9 brokerages have issued 12-month price objectives for Ameriprise Financial's shares. Their AMP share price forecasts range from $250.00 to $401.00. On average, they anticipate the company's stock price to reach $349.70 in the next twelve months. This suggests a possible upside of 11.2% 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 beginning of 2023. Since then, AMP stock has increased by 1.0% and is now trading at $314.51. View the best growth stocks for 2023 here. Are investors shorting Ameriprise Financial? Ameriprise Financial saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 1,200,000 shares, an increase of 14.3% from the April 30th total of 1,050,000 shares. Based on an average daily trading volume, of 644,600 shares, the short-interest ratio is currently 1.9 days. Currently, 1.2% of the shares of the company are short sold. 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 Tuesday, July 25th 2023. View our AMP earnings forecast. How were Ameriprise Financial's earnings last quarter? Ameriprise Financial, Inc. (NYSE:AMP) announced its quarterly earnings data on Tuesday, April, 25th. The financial services provider reported $7.25 earnings per share (EPS) for the quarter, beating the consensus estimate of $7.21 by $0.04. The financial services provider had revenue of $3.74 billion for the quarter, compared to analyst estimates of $3.69 billion. Ameriprise Financial had a trailing twelve-month return on equity of 77.32% and a net margin of 15.41%. The business's revenue for the quarter was up 3.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $5.98 earnings per share. Read the conference call transcript. How often does Ameriprise Financial pay dividends? What is the dividend yield for Ameriprise Financial? Ameriprise Financial declared a quarterly dividend on Monday, April 24th. Investors of record on Monday, May 8th will be paid a dividend of $0.10 per share on Friday, May 19th. This represents a $0.40 annualized dividend and a yield of 0.13%. The ex-dividend date of this dividend is Friday, May 5th. Read our dividend analysis for AMP. What ETFs hold Ameriprise Financial's stock? ETFs with the largest weight of Ameriprise Financial (NYSE:AMP) stock in their portfolio include OneAscent Large Cap Core ETF (OALC), Invesco DWA Financial Momentum ETF (PFI), BrandywineGLOBALDynamic US Large Cap Value ETF (DVAL), Invesco Focused Discovery Growth ETF (IVDG), WisdomTree U.S. Growth & Momentum Fund (WGRO), Thrivent Small-Mid Cap ESG ETF (TSME), First Trust Financial AlphaDEX Fund (FXO) and SPDR S&P Capital Markets ETF (KCE). 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 1.73%. The company has been increasing its dividend for 18 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 27.43%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, AMP will have a dividend payout ratio of 16.09% 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 authorized a share repurchase program on Wednesday, January 26th 2022, which permits the company to repurchase $3,000,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to reacquire up to 8.8% of its stock through open market purchases. Stock repurchase programs are often a sign that the company's management 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). 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 many different institutional and retail investors. Top institutional investors include BlackRock Inc. (8.94%), State Street Corp (4.43%), Aristotle Capital Management LLC (3.71%), Geode Capital Management LLC (2.31%), Bank of New York Mellon Corp (1.75%) and Boston Partners (1.73%). 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. What is Ameriprise Financial's stock price today? One share of AMP stock can currently be purchased for approximately $314.51. How much money does Ameriprise Financial make? Ameriprise Financial (NYSE:AMP) has a market capitalization of $32.77 billion and generates $14.29 billion in revenue each year. The financial services provider earns $2.56 billion in net income (profit) each year or $19.69 on an earnings per share basis. How many employees does Ameriprise Financial have? The company employs 13,500 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.Read More How can I contact Ameriprise Financial? Ameriprise Financial's mailing address is 1099 AMERIPRISE FINANCIAL CENTER, MINNEAPOLIS MN, 55474. The official website for the company is www.ameriprise.com. The financial services provider can be reached via phone at (612) 671-3131, via email at alicia.a.charity@ampf.com, or via fax at 612-671-8880. This page (NYSE:AMP) was last updated on 6/9/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Ameriprise Financial, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. 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