S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
China July exports rise, with trade surplus at record-high
Demand for grocery delivery cools as food costs rise
Shift in war's front seen as ships cleared to leave Ukraine
Transit woes mount for Boston's beleaguered subway riders
Dems push Biden climate, health priorities toward Senate OK
Dems' climate, energy, tax bill clears initial Senate hurdle
Shift in war's front seen as grain leaves Ukraine; plant hit
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
China July exports rise, with trade surplus at record-high
Demand for grocery delivery cools as food costs rise
Shift in war's front seen as ships cleared to leave Ukraine
Transit woes mount for Boston's beleaguered subway riders
Dems push Biden climate, health priorities toward Senate OK
Dems' climate, energy, tax bill clears initial Senate hurdle
Shift in war's front seen as grain leaves Ukraine; plant hit
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
China July exports rise, with trade surplus at record-high
Demand for grocery delivery cools as food costs rise
Shift in war's front seen as ships cleared to leave Ukraine
Transit woes mount for Boston's beleaguered subway riders
Dems push Biden climate, health priorities toward Senate OK
Dems' climate, energy, tax bill clears initial Senate hurdle
Shift in war's front seen as grain leaves Ukraine; plant hit
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
China July exports rise, with trade surplus at record-high
Demand for grocery delivery cools as food costs rise
Shift in war's front seen as ships cleared to leave Ukraine
Transit woes mount for Boston's beleaguered subway riders
Dems push Biden climate, health priorities toward Senate OK
Dems' climate, energy, tax bill clears initial Senate hurdle
Shift in war's front seen as grain leaves Ukraine; plant hit
NYSE:AMP

Ameriprise Financial - AMP Stock Forecast, Price & News

$269.06
-0.17 (-0.06%)
(As of 08/5/2022 12:00 AM ET)
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Compare
Today's Range
$267.25
$274.01
50-Day Range
$223.12
$278.49
52-Week Range
$219.99
$332.37
Volume
604,216 shs
Average Volume
643,376 shs
Market Capitalization
$29.10 billion
P/E Ratio
9.69
Dividend Yield
1.86%
Price Target
$311.78

Ameriprise Financial MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.60 Rating Score
Upside/​Downside
15.9% Upside
$311.78 Price Target
Short Interest
Healthy
0.84% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.43
Upright™ Environmental Score
News Sentiment
0.28mentions of Ameriprise Financial in the last 14 days
Based on 13 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
17.77%
From $24.26 to $28.57 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.91 out of 5 stars

Finance Sector

125th out of 1,176 stocks

Investment Advice Industry

12th out of 54 stocks

AMP stock logo

About Ameriprise Financial (NYSE:AMP) Stock

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 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 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 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 and infrastructure funds. The Retirement & Protection Solutions segment provides variable annuity products to individual clients, as well as life and DI 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.

Analysts Set New Price Targets

A number of equities research analysts have commented on AMP shares. Piper Sandler decreased their price objective on Ameriprise Financial from $231.00 to $220.00 and set an "underweight" rating for the company in a research report on Friday, July 15th. Evercore ISI decreased their price objective on Ameriprise Financial from $364.00 to $320.00 and set an "outperform" rating for the company in a research report on Wednesday, July 6th. Morgan Stanley raised their price objective on Ameriprise Financial from $255.00 to $270.00 and gave the stock an "equal weight" rating in a research report on Wednesday, July 27th. The Goldman Sachs Group lowered Ameriprise Financial from a "buy" rating to a "neutral" rating and decreased their price objective for the stock from $325.00 to $270.00 in a research report on Friday, June 24th. Finally, UBS Group decreased their price objective on Ameriprise Financial from $360.00 to $350.00 and set a "buy" rating for the company in a research report on Tuesday, April 26th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and seven have issued a buy rating to the company. Based on data from MarketBeat, Ameriprise Financial currently has a consensus rating of "Moderate Buy" and a consensus target price of $311.78.

Ameriprise Financial Price Performance

Shares of NYSE:AMP opened at $269.06 on Friday. Ameriprise Financial has a 1-year low of $219.99 and a 1-year high of $332.37. The firm has a market capitalization of $29.10 billion, a PE ratio of 9.69 and a beta of 1.50. The business's 50 day moving average is $249.43 and its 200-day moving average is $274.94. The company has a current ratio of 0.90, a quick ratio of 0.94 and a debt-to-equity ratio of 1.14.

Ameriprise Financial (NYSE:AMP - Get Rating) last announced its quarterly earnings data on Tuesday, July 26th. The financial services provider reported $5.81 earnings per share for the quarter, missing the consensus estimate of $5.82 by ($0.01). Ameriprise Financial had a return on equity of 53.86% and a net margin of 23.49%. During the same period last year, the business posted $5.27 EPS. Sell-side analysts predict that Ameriprise Financial will post 24.26 earnings per share for the current year.

Ameriprise Financial Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, August 19th. Stockholders of record on Monday, August 8th will be issued a dividend of $1.25 per share. This represents a $5.00 annualized dividend and a dividend yield of 1.86%. The ex-dividend date of this dividend is Friday, August 5th. Ameriprise Financial's payout ratio is presently 18.01%.

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AMP Stock News Headlines

Unwrapping Ameriprise Uncovers A Good Business
What 8 Analyst Ratings Have To Say About Ameriprise Financial
Top-Ranked Edward Jones Advisor Leaps to Ameriprise
8 Analysts Have This to Say About Ameriprise Financial
See More Headlines
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AMP Company Calendar

Ex-Dividend for 5/20 Dividend
5/06/2022
Dividend Payable
5/20/2022
Last Earnings
7/26/2022
Ex-Dividend for 8/19 Dividend
8/05/2022
Today
8/07/2022
Dividend Payable
8/19/2022
Next Earnings (Estimated)
10/25/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Investment advice
Sub-Industry
Asset Management & Custody Banks
Sector
Finance
CUSIP
03076C10
Employees
12,000
Year Founded
1894

Price Target and Rating

Average Stock Price Forecast
$311.78
High Stock Price Forecast
$350.00
Low Stock Price Forecast
$220.00
Forecasted Upside/Downside
+15.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.60
Research Coverage
10 Analysts

Profitability

Net Income
$2.76 billion
Pretax Margin
29.03%

Debt

Sales & Book Value

Annual Sales
$13.43 billion
Cash Flow
$25.26 per share
Book Value
$39.79 per share

Miscellaneous

Free Float
107,084,000
Market Cap
$29.10 billion
Optionable
Optionable
Beta
1.50

Social Links















AMP Stock - Frequently Asked Questions

Should I buy or sell Ameriprise Financial stock right now?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ameriprise Financial in the last year. There are currently 1 sell rating, 2 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Ameriprise Financial stock.
View analyst ratings for Ameriprise Financial
or view top-rated stocks.

What is Ameriprise Financial's stock price forecast for 2022?

10 Wall Street research analysts have issued 1 year price objectives for Ameriprise Financial's shares. Their AMP stock forecasts range from $220.00 to $350.00. On average, they predict Ameriprise Financial's share price to reach $311.78 in the next year. This suggests a possible upside of 15.9% from the stock's current price.
View analysts' price targets for Ameriprise Financial
or view top-rated stocks among Wall Street analysts.

How has Ameriprise Financial's stock performed in 2022?

Ameriprise Financial's stock was trading at $301.66 on January 1st, 2022. Since then, AMP shares have decreased by 10.8% and is now trading at $269.06.
View the best growth stocks for 2022 here
.

When is Ameriprise Financial's next earnings date?

Ameriprise Financial is scheduled to release its next quarterly earnings announcement on Tuesday, October 25th 2022.
View our earnings forecast for Ameriprise Financial
.

How were Ameriprise Financial's earnings last quarter?

Ameriprise Financial, Inc. (NYSE:AMP) released its quarterly earnings data on Tuesday, July, 26th. The financial services provider reported $5.81 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $5.82 by $0.01. Ameriprise Financial had a trailing twelve-month return on equity of 53.86% and a net margin of 23.49%. During the same period last year, the company posted $5.27 EPS.
Read Ameriprise Financial's conference call transcript
.

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

Ameriprise Financial announced a quarterly dividend on Tuesday, July 26th. Investors of record on Monday, August 8th will be paid a dividend of $1.25 per share on Friday, August 19th. This represents a $5.00 annualized dividend and a yield of 1.86%. The ex-dividend date of this dividend is Friday, August 5th.
View Ameriprise Financial's dividend history
.

Is Ameriprise Financial a good dividend stock?

Ameriprise Financial(NYSE:AMP) pays an annual dividend of $5.00 per share and currently has a dividend yield of 1.86%. Ameriprise Financial 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 of Ameriprise Financial is 18.01%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Ameriprise Financial will have a dividend payout ratio of 17.50% next year. This indicates that Ameriprise Financial will be able to sustain or increase its dividend.
View Ameriprise Financial's dividend history.

How will Ameriprise Financial's stock buyback program work?

Ameriprise Financial announced that its Board of Directors has approved a share repurchase program on Wednesday, January 26th 2022, which allows the company to buyback $3,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to reacquire up to 8.8% of its shares through open market purchases. Shares buyback programs are usually a sign that the company's board believes its stock is undervalued.

What is Jim Cracchiolo's approval rating as Ameriprise Financial's CEO?

917 employees have rated Ameriprise Financial CEO Jim Cracchiolo on Glassdoor.com. Jim Cracchiolo has an approval rating of 89% among Ameriprise Financial'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 a variety of retail and institutional investors. Top institutional investors include Brown Advisory Inc. (0.88%), Envestnet Asset Management Inc. (0.32%), Sumitomo Mitsui Trust Holdings Inc. (0.30%), Victory Capital Management Inc. (0.23%), Argent Capital Management LLC (0.21%) and Todd Asset Management LLC (0.20%). Company insiders that own Ameriprise Financial stock include Colin Moore, Gerard P Smyth, Gumer Alvero, James M Cracchiolo, John R Hutt, John Robert Woerner, Joseph Edward Sweeney, Karen Wilson Thissen, Randy Kupper, Walter Stanley Berman and William F Truscott.
View institutional ownership trends 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 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 $269.06.

How much money does Ameriprise Financial make?

Ameriprise Financial (NYSE:AMP) has a market capitalization of $29.10 billion and generates $13.43 billion in revenue each year. The financial services provider earns $2.76 billion in net income (profit) each year or $27.77 on an earnings per share basis.

How many employees does Ameriprise Financial have?

Ameriprise Financial employs 12,000 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

When was Ameriprise Financial founded?

Ameriprise Financial was founded in 1894.

How can I contact Ameriprise Financial?

Ameriprise Financial's mailing address is 1099 AMERIPRISE FINANCIAL CENTER, MINNEAPOLIS MN, 55474. The official website for Ameriprise Financial 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 8/7/2022 by MarketBeat.com Staff

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