NYSE:AMP - Ameriprise Financial Stock Price, Price Target & More

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$139.53 -1.74 (-1.23 %)
(As of 07/20/2018 04:00 PM ET)
Previous Close$139.53
Today's Range$139.34 - $141.0450
52-Week Range$129.87 - $183.90
Volume1.59 million shs
Average Volume985,475 shs
Market Capitalization$20.43 billion
P/E Ratio11.37
Dividend Yield2.55%
Beta1.84
Ameriprise Financial logoAmeriprise 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

Stock Exchange NYSE
Industry Investment advice
Sub-IndustryAsset Management & Custody Banks
SectorFinance
SymbolNYSE:AMP
CUSIP03076C10
Phone612-671-3131

Debt

Debt-to-Equity Ratio0.87
Current Ratio0.67
Quick Ratio0.67

Price-To-Earnings

Trailing P/E Ratio11.37
Forward P/E Ratio9.66
P/E GrowthN/A

Sales & Book Value

Annual Sales$12.03 billion
Price / Sales1.68
Cash Flow$14.3994 per share
Price / Cash9.69
Book Value$40.55 per share
Price / Book3.44

Profitability

EPS (Most Recent Fiscal Year)$12.27
Net Income$1.48 billion
Net Margins13.59%
Return on Equity33.67%
Return on Assets1.41%

Miscellaneous

Employees13,000
Outstanding Shares144,610,000
Market Cap$20,429.45

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 Monday, April 23rd. Investors of record on Monday, May 7th will be paid a dividend of $0.90 per share on Friday, May 18th. This represents a $3.60 dividend on an annualized basis and a dividend yield of 2.58%. The ex-dividend date of this dividend is Friday, May 4th. This is a positive change from Ameriprise Financial's previous quarterly dividend of $0.83. View Ameriprise Financial's Dividend History.

How will Ameriprise Financial's stock buyback program work?

Ameriprise Financial declared that its Board of Directors has authorized a share repurchase program on Sunday, June 4th 2017, which authorizes the company to buyback $2,500,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to buy up to 12.3% of its shares through open market purchases. Shares buyback programs are usually an indication that the company's leadership believes its stock is undervalued.

How were Ameriprise Financial's earnings last quarter?

Ameriprise Financial, Inc. (NYSE:AMP) released its earnings results on Monday, April, 23rd. The financial services provider reported $3.70 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.46 by $0.24. The financial services provider had revenue of $3.10 billion for the quarter, compared to the consensus estimate of $3.09 billion. Ameriprise Financial had a return on equity of 33.67% and a net margin of 13.59%. The firm's revenue for the quarter was up 8.7% on a year-over-year basis. During the same period last year, the firm posted $2.52 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 Tuesday, July, 24th 2018. View Earnings Estimates for Ameriprise Financial.

What price target have analysts set for AMP?

9 analysts have issued 12-month price targets for Ameriprise Financial's shares. Their forecasts range from $150.00 to $217.00. On average, they expect Ameriprise Financial's share price to reach $169.00 in the next twelve months. This suggests a possible upside of 21.1% from the stock's current price. View Analyst Ratings for Ameriprise Financial.

What is the consensus analysts' recommendation for Ameriprise Financial?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ameriprise Financial in the last year. There are currently 5 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold."

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 59)
  • Mr. Walter S. Berman, Exec. VP & CFO (Age 75)
  • Mr. Colin Moore AIIMR, Exec. VP & Global Chief Investment Officer (Age 60)
  • Mr. William Frederick Truscott, Chief Exec. Officer of Global Asset Management (Age 58)
  • Mr. Joseph Edward Sweeney, Pres of Advice & Wealth Management - Products & Service Delivery (Age 57)

Has Ameriprise Financial been receiving favorable news coverage?

News articles about AMP stock have been trending somewhat positive on Saturday, Accern Sentiment reports. The research firm ranks the sentiment of news coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Ameriprise Financial earned a news sentiment score of 0.10 on Accern's scale. They also gave news headlines about the financial services provider an impact score of 50.51 out of 100, meaning that recent news coverage is somewhat likely to have an impact on the company's share price in the immediate future.

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 Bank of Montreal Can (0.44%), Welch & Forbes LLC (0.14%), Retirement Systems of Alabama (0.13%), Atwood & Palmer Inc. (0.10%), Scout Investments Inc. (0.05%) and Cornerstone Wealth Management LLC (0.05%). Company insiders that own Ameriprise Financial stock include Charles Neal Maglaque, Colin Moore, David Kent Stewart, Deirdre Davey Mcgraw, James M Cracchiolo, John Carl Junek, 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 major investors are selling Ameriprise Financial stock?

AMP stock was sold by a variety of institutional investors in the last quarter, including Bank of Montreal Can, Boston Advisors LLC, Assenagon Asset Management S.A., Scout Investments Inc., Meag Munich Ergo Kapitalanlagegesellschaft MBH, Atria Investments LLC, Bremer Trust National Association and Hartford Investment Management Co.. Company insiders that have sold Ameriprise Financial company stock in the last year 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 and William F Truscott. View Insider Buying and Selling for Ameriprise Financial.

Which major investors are buying Ameriprise Financial stock?

AMP stock was bought by a variety of institutional investors in the last quarter, including Retirement Systems of Alabama, Cornerstone Wealth Management LLC, Nippon Life Global Investors Americas Inc., NN Investment Partners Holdings N.V., Cullinan Associates Inc., FormulaFolio Investments LLC, Municipal Employees Retirement System of Michigan and Xact Kapitalforvaltning AB. 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 $139.53.

How big of a company is Ameriprise Financial?

Ameriprise Financial has a market capitalization of $20.43 billion and generates $12.03 billion in revenue each year. The financial services provider earns $1.48 billion in net income (profit) each year or $12.27 on an earnings per share basis. Ameriprise Financial employs 13,000 workers across the globe.

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:  2.7 out of 5 (star star)
Outperform Votes:  414 (Vote Outperform)
Underperform Votes:  361 (Vote Underperform)
Total Votes:  775
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 7/21/2018 by MarketBeat.com Staff

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