Ameriprise Financial Stock Forecast, Price & News

Ameriprise Financial (NYSE:AMP) Frequently Asked Questions

Is Ameriprise Financial a buy right now?

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Ameriprise Financial in the last year. There are currently 1 hold rating and 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Ameriprise Financial stock.
View analyst ratings for Ameriprise Financial or view top-rated stocks.

What stocks does MarketBeat like better than Ameriprise Financial?

Wall Street analysts have given Ameriprise Financial a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Ameriprise Financial wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is Ameriprise Financial's next earnings date?

Ameriprise Financial is scheduled to release its next quarterly earnings announcement on Wednesday, October 27th 2021.
View our earnings forecast for Ameriprise Financial.

How were Ameriprise Financial's earnings last quarter?

Ameriprise Financial, Inc. (NYSE:AMP) issued its quarterly earnings data on Sunday, July, 25th. The financial services provider reported $5.27 EPS for the quarter, beating analysts' consensus estimates of $5.21 by $0.06. The financial services provider earned $3.39 billion during the quarter, compared to the consensus estimate of $3.38 billion. Ameriprise Financial had a trailing twelve-month return on equity of 41.42% and a net margin of 8.22%. During the same quarter in the previous year, the company earned $2.64 earnings per share.
View Ameriprise Financial's earnings history.

How has Ameriprise Financial's stock price been impacted by Coronavirus (COVID-19)?

Ameriprise Financial's stock was trading at $110.78 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, AMP shares have increased by 145.0% and is now trading at $271.40.
View which stocks have been most impacted by COVID-19.

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

Ameriprise Financial declared a quarterly dividend on Monday, July 26th. Shareholders of record on Monday, August 9th will be given a dividend of $1.13 per share on Friday, August 20th. This represents a $4.52 annualized dividend and a yield of 1.67%. The ex-dividend date of this dividend is Friday, August 6th.
View Ameriprise Financial's dividend history.

Is Ameriprise Financial a good dividend stock?

Ameriprise Financial pays an annual dividend of $4.52 per share and currently has a dividend yield of 1.69%. Ameriprise Financial has been increasing its dividend for 11 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio of Ameriprise Financial is 32.10%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Ameriprise Financial will have a dividend payout ratio of 19.19% 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 has approved a share buyback plan on Tuesday, September 29th 2020, which allows the company to buyback $2,500,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to reacquire up to 12.5% of its stock through open market purchases. Stock buyback plans are typically a sign that the company's board believes its stock is undervalued.

What price target have analysts set for AMP?

7 brokerages have issued 12-month price objectives for Ameriprise Financial's shares. Their forecasts range from $194.00 to $300.00. On average, they anticipate Ameriprise Financial's stock price to reach $251.92 in the next year. This suggests that the stock has a possible downside of 7.2%.
View analysts' price targets for Ameriprise Financial or view top-rated stocks among Wall Street analysts.

Who are Ameriprise Financial's key executives?

Ameriprise Financial's management team includes the following people:

• Jim Cracchiolo, Chairman & Chief Executive Officer
• Charles Neal Maglaque, COO & President-Business Development
• Walter Stanley Berman, Executive VP, Chief Financial & Risk Officer
• Gerard Smyth, Chief Information Officer & Executive VP
• Karen Wilson Thissen, Executive Vice President & General Counsel

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.

Who are some of Ameriprise Financial's key competitors?

Some companies that are related to Ameriprise Financial include BlackRock (BLK), T. Rowe Price Group (TROW), The Bank of New York Mellon (BK), State Street (STT), Northern Trust (NTRS), Franklin Resources (BEN), Invesco (IVZ), Ares Capital (ARCC), SEI Investments (SEIC), Affiliated Managers Group (AMG), Cohen & Steers (CNS), Prospect Capital (PSEC), Main Street Capital (MAIN), Golub Capital BDC (GBDC) and Virtus Investment Partners (VRTS).
View all of AMP's 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), Johnson & Johnson (JNJ), AT&T (T), Intel (INTC), Bank of America (BAC), The Home Depot (HD), Verizon Communications (VZ), The 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 number of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (11.91%), BlackRock Inc. (8.30%), State Street Corp (4.84%), JPMorgan Chase & Co. (3.47%), Bank of New York Mellon Corp (2.28%) and LSV Asset Management (1.92%). Company insiders that own Ameriprise Financial stock include Colin Moore, Gerard P Smyth, 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.

Which institutional investors are selling Ameriprise Financial stock?

AMP stock was sold by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Panagora Asset Management Inc., Prudential Financial Inc., Royal Bank of Canada, Dimensional Fund Advisors LP, Putnam Investments LLC, Glenmede Trust Co. NA, and LSV Asset Management. Company insiders that have sold Ameriprise Financial company stock in the last year include Colin Moore, Gerard P Smyth, John R Hutt, John Robert Woerner, Joseph Edward Sweeney, Karen Wilson Thissen, Walter Stanley Berman, and William F Truscott.
View insider buying and selling activity for Ameriprise Financial or view top insider-selling stocks.

Which institutional investors are buying Ameriprise Financial stock?

AMP stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., FMR LLC, Amundi, AGF Investments Inc., Macquarie Group Ltd., Nuveen Asset Management LLC, Bank of Montreal Can, and MARSHALL WACE ASIA Ltd.
View insider buying and selling activity for Ameriprise Financial or or view top insider-buying stocks.

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.
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What is Ameriprise Financial's stock price today?

One share of AMP stock can currently be purchased for approximately $271.40.

How much money does Ameriprise Financial make?

Ameriprise Financial has a market capitalization of $30.87 billion and generates $11.90 billion in revenue each year. The financial services provider earns $1.53 billion in net income (profit) each year or $14.08 on an earnings per share basis.

How many employees does Ameriprise Financial have?

Ameriprise Financial employs 12,300 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.

When was Ameriprise Financial founded?

Ameriprise Financial was founded in 1894.

What is Ameriprise Financial's official website?

The official website for Ameriprise Financial is www.ameriprise.com.

Where are Ameriprise Financial's headquarters?

Ameriprise Financial is headquartered at 1099 AMERIPRISE FINANCIAL CENTER, MINNEAPOLIS MN, 55474.

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].