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

Ameriprise Financial trades on the New York Stock Exchange (NYSE) under the ticker symbol "AMP."

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

Ameriprise Financial announced that its Board of Directors has approved a share buyback plan on Sunday, June 4th 2017, which allows the company to buyback $2,500,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to buy up to 12.3% of its stock through open market purchases. Stock buyback plans are usually an indication that the company's board of directors believes its stock is undervalued.

Ameriprise Financial, Inc. (NYSE:AMP) posted its earnings results on Monday, April, 23rd. The financial services provider reported $3.70 earnings per share for the quarter, topping analysts' consensus estimates of $3.46 by $0.24. The financial services provider earned $3.10 billion during the quarter, compared to analysts' expectations of $3.09 billion. Ameriprise Financial had a return on equity of 33.67% and a net margin of 13.59%. The business's quarterly revenue was up 8.7% compared to the same quarter last year. During the same quarter last year, the business earned $2.52 earnings per share. View Ameriprise Financial's Earnings History.

Ameriprise Financial is scheduled to release their next quarterly earnings announcement on Tuesday, July, 24th 2018. View Earnings Estimates for Ameriprise Financial.

9 brokerages have issued 12-month target prices for Ameriprise Financial's stock. 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.

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."

Some companies that are related to Ameriprise Financial include Blackstone Group (BX), Leg & Gen Grp P/S (LGGNY), Franklin Resources (BEN), KKR & Co Inc Class A (KKR), Invesco (IVZ), Affiliated Managers Group (AMG), Apollo Global Management LLC Class A (APO), Lazard (LAZ), Oaktree Capital Group (OAK), Eaton Vance (EV), Janus Henderson Group (JHG), Morningstar (MORN), Evercore (EVR), MAN Grp PLC/ADR (MNGPY) and Houlihan Lokey (HLI).

News coverage about AMP stock has trended somewhat negative this week, Accern Sentiment Analysis reports. Accern rates the sentiment of press coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Ameriprise Financial earned a media sentiment score of -0.02 on Accern's scale. They also assigned news articles about the financial services provider an impact score of 46.43 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the near term.

Ameriprise Financial's stock is owned by many different of retail and institutional 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.

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.

AMP stock was purchased 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.

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.

One share of AMP stock can currently be purchased for approximately $139.53.

Ameriprise Financial has a market capitalization of $20.18 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.

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]