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NYSE:AMP - Ameriprise Financial Stock Price, Forecast & News

$103.33
-7.54 (-6.80 %)
(As of 03/29/2020 04:00 PM ET)
Today's Range
$102.88
Now: $103.33
$108.58
50-Day Range
$82.88
MA: $139.98
$179.72
52-Week Range
$80.01
Now: $103.33
$180.85
Volume1.15 million shs
Average Volume1.61 million shs
Market Capitalization$12.71 billion
P/E Ratio7.40
Dividend Yield3.50%
Beta1.85
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 five segments: Advice & Wealth Management, Asset Management, Annuities, Protection, and Corporate & Other. 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. Its 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 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 Corporate & Other segment consist of long term care business, net investment income or loss on corporate level assets. 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

Industry Investment advice
Sub-IndustryAsset Management & Custody Banks
SectorFinance
CUSIP03076C10
Phone612-671-3131

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$12.97 billion
Cash Flow$16.91 per share
Book Value$43.78 per share

Profitability

Net Income$1.89 billion

Miscellaneous

Employees12,500
Market Cap$12.71 billion
Next Earnings Date4/22/2020 (Estimated)
OptionableOptionable

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Ameriprise Financial (NYSE:AMP) Frequently Asked Questions

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

Ameriprise Financial's stock was trading at $110.78 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, AMP shares have decreased by 6.7% and is now trading at $103.33. View which stocks have been mosted impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Ameriprise Financial?

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ameriprise Financial in the last year. There are currently 1 hold rating and 10 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Ameriprise Financial.

When is Ameriprise Financial's next earnings date?

Ameriprise Financial is scheduled to release its next quarterly earnings announcement on Wednesday, April 22nd 2020. View our earnings forecast for Ameriprise Financial.

How were Ameriprise Financial's earnings last quarter?

Ameriprise Financial, Inc. (NYSE:AMP) announced its quarterly earnings data on Wednesday, January, 29th. The financial services provider reported $4.20 earnings per share for the quarter, missing the Zacks' consensus estimate of $4.25 by $0.05. The financial services provider earned $3.29 billion during the quarter, compared to the consensus estimate of $3.05 billion. Ameriprise Financial had a net margin of 14.60% and a return on equity of 37.39%. The company's quarterly revenue was up 3.4% on a year-over-year basis. During the same quarter last year, the business earned $3.80 EPS. View Ameriprise Financial's earnings history.

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

Ameriprise Financial declared a quarterly dividend on Wednesday, January 29th. Stockholders of record on Friday, February 14th will be paid a dividend of $0.97 per share on Friday, February 28th. This represents a $3.88 dividend on an annualized basis and a yield of 3.75%. The ex-dividend date is Thursday, February 13th. View Ameriprise Financial's dividend history.

What price target have analysts set for AMP?

11 brokers have issued 1 year target prices for Ameriprise Financial's stock. Their forecasts range from $127.00 to $202.00. On average, they expect Ameriprise Financial's share price to reach $177.30 in the next twelve months. This suggests a possible upside of 71.6% from the stock's current price. View analysts' price targets for Ameriprise Financial.

Has Ameriprise Financial been receiving favorable news coverage?

Press coverage about AMP stock has trended extremely negative recently, according to InfoTrie. The research firm identifies negative and positive news coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Ameriprise Financial earned a news impact score of -4.0 on InfoTrie's scale. They also assigned media headlines about the financial services provider a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the stock's share price in the next few days. View the latest news aboutAmeriprise Financial.

Are investors shorting Ameriprise Financial?

Ameriprise Financial saw a increase in short interest in March. As of March 13th, there was short interest totaling 3,247,100 shares, an increase of 40.6% from the February 27th total of 2,310,000 shares. Based on an average trading volume of 818,300 shares, the short-interest ratio is currently 4.0 days. Currently, 2.7% of the shares of the company are short sold. View Ameriprise Financial's Current Options Chain.

Who are some of Ameriprise Financial's key 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 Johnson & Johnson (JNJ), Bank of America (BAC), Cisco Systems (CSCO), Lockheed Martin (LMT), Home Depot (HD), The Coca-Cola (KO), Intel (intc), American Express (axp), Boeing (BA) and AT&T (T).

Who are Ameriprise Financial's key executives?

Ameriprise Financial's management team includes the following people:
  • Mr. James M. Cracchiolo, Chairman & CEO (Age 60)
  • Mr. Walter S. Berman, Exec. VP & CFO (Age 76)
  • Mr. Colin Moore AIIMR, Exec. VP & Global Chief Investment Officer (Age 61)
  • Mr. William Frederick Truscott, Chief Exec. Officer of Global Asset Management (Age 59)
  • Mr. Joseph Edward Sweeney, Pres of Advice & Wealth Management - Products & Service Delivery (Age 58)

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 State Street Corp (4.51%), LSV Asset Management (2.24%), Geode Capital Management LLC (1.82%), Lyrical Asset Management LP (1.76%), UBS Asset Management Americas Inc. (1.50%) and Norges Bank (1.54%). Company insiders that own Ameriprise Financial stock include Colin Moore, James M Cracchiolo, John Robert Woerner, Joseph Edward Sweeney, Karen Wilson Thissen, Randy Kupper and Walter Stanley Berman. 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 New York Mellon Corp, Panagora Asset Management Inc., Amundi Pioneer Asset Management Inc., Man Group plc, Goldman Sachs Group Inc., AQR Capital Management LLC, Prudential Financial Inc., and State Street Corp. Company insiders that have sold Ameriprise Financial company stock in the last year include John Robert Woerner, Joseph Edward Sweeney, Karen Wilson Thissen, Randy Kupper, and Walter Stanley Berman. View insider buying and selling activity 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 Norges Bank, Boston Partners, TD Asset Management Inc., Bank of Montreal Can, Exchange Traded Concepts LLC, State of Tennessee Treasury Department, Lyrical Asset Management LP, and Janus Henderson Group PLC. 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 activity 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, Robinhood, Fidelity, and Charles Schwab.

What is Ameriprise Financial's stock price today?

One share of AMP stock can currently be purchased for approximately $103.33.

How big of a company is Ameriprise Financial?

Ameriprise Financial has a market capitalization of $12.71 billion and generates $12.97 billion in revenue each year. The financial services provider earns $1.89 billion in net income (profit) each year or $16.10 on an earnings per share basis. Ameriprise Financial employs 12,500 workers across the globe. View additional information about Ameriprise Financial.

What is Ameriprise Financial's official website?

The official website for Ameriprise Financial is http://www.ameriprise.com/.

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:  2.6 out of 5 (star star)
Outperform Votes:  536 (Vote Outperform)
Underperform Votes:  497 (Vote Underperform)
Total Votes:  1,033
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 3/29/2020 by MarketBeat.com Staff

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