Ameriprise Financial Stock Forecast, Price & News

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

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

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

Ameriprise Financial's stock was trading at $110.78 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, AMP stock has increased by 143.3% and is now trading at $269.55.
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Ameriprise Financial announced a quarterly dividend on Monday, July 26th. Investors of record on Monday, August 9th will be paid a dividend of $1.13 per share on Friday, August 20th. This represents a $4.52 annualized dividend and a dividend yield of 1.68%. The ex-dividend date of this dividend is Friday, August 6th.
View Ameriprise Financial's dividend history.

Ameriprise Financial pays an annual dividend of $4.52 per share and currently has a dividend yield of 1.67%. 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.

Ameriprise Financial declared that its board has authorized a share repurchase plan on Tuesday, September 29th 2020, which permits the company to buyback $2,500,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to reacquire up to 12.5% of its shares through open market purchases. Shares buyback plans are usually a sign that the company's board of directors believes its shares are undervalued.

7 analysts have issued 1 year price objectives for Ameriprise Financial's shares. Their forecasts range from $194.00 to $300.00. On average, they expect Ameriprise Financial's share price to reach $251.92 in the next twelve months. This suggests that the stock has a possible downside of 6.5%.
View analysts' price targets for Ameriprise Financial or view top-rated stocks among Wall Street analysts.

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.

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).
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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).

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

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

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.

AMP stock was bought 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.

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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One share of AMP stock can currently be purchased for approximately $269.55.

Ameriprise Financial has a market capitalization of $30.66 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.

Ameriprise Financial employs 12,300 workers across the globe.

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.

Ameriprise Financial was founded in 1894.

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

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

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].