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

Ameriprise Financial - AMP Stock Forecast, Price & News

$269.06
-1.42 (-0.52%)
(As of 08/5/2022 08:48 PM ET)
Add
Compare
Today's Range
$267.25
$274.01
50-Day Range
$223.12
$278.49
52-Week Range
$219.99
$332.37
Volume
604,200 shs
Average Volume
666,676 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.

Analyst Upgrades and Downgrades

AMP has been the subject of a number of recent research reports. UBS Group reduced their price objective on shares of Ameriprise Financial from $360.00 to $350.00 and set a "buy" rating for the company in a research note on Tuesday, April 26th. Piper Sandler reduced their price target on Ameriprise Financial from $231.00 to $220.00 and set an "underweight" rating on the stock in a research report on Friday, July 15th. Evercore ISI reduced their price target on Ameriprise Financial from $364.00 to $320.00 and set an "outperform" rating on the stock in a research report on Wednesday, July 6th. Morgan Stanley upped their price target 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. Finally, William Blair reaffirmed an "outperform" rating on shares of Ameriprise Financial in a research report on Tuesday, April 26th. One analyst has rated the stock with a sell rating, three have issued a hold rating and seven have issued a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $311.78.

Ameriprise Financial Stock Performance

Shares of AMP traded down $0.17 during trading hours on Friday, reaching $269.06. 604,216 shares of the company traded hands, compared to its average volume of 643,376. Ameriprise Financial has a 12-month low of $219.99 and a 12-month high of $332.37. The company has a quick ratio of 0.94, a current ratio of 0.90 and a debt-to-equity ratio of 1.14. The stock has a market capitalization of $29.10 billion, a P/E ratio of 9.69 and a beta of 1.50. The business has a fifty day moving average price of $249.43 and a 200-day moving average price of $274.69.

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

Ameriprise Financial Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, August 19th. Shareholders of record on Monday, August 8th will be issued a $1.25 dividend. This represents a $5.00 annualized dividend and a yield of 1.86%. The ex-dividend date is Friday, August 5th. Ameriprise Financial's payout ratio is 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 brokers have issued 1 year target prices for Ameriprise Financial's stock. Their AMP stock forecasts range from $220.00 to $350.00. On average, they expect Ameriprise Financial's stock price to reach $311.78 in the next twelve months. 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 at the beginning of 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 results 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 net margin of 23.49% and a trailing twelve-month return on equity of 53.86%. During the same period in the previous year, the business 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 declared a quarterly dividend on Tuesday, July 26th. Investors of record on Monday, August 8th will be given a dividend of $1.25 per share on Friday, August 19th. This represents a $5.00 dividend on an annualized basis and a dividend yield of 1.86%. The ex-dividend date 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 initiated a stock repurchase program on Wednesday, January 26th 2022, which allows the company to repurchase $3,000,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to repurchase up to 8.8% of its stock through open market purchases. Stock repurchase programs are generally an indication that the company's board believes its shares are 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 number of institutional and retail 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 stock 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 8/8/2022 by MarketBeat.com Staff

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