Ameriprise Financial - AMP Stock Forecast, Price & News

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.

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.

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.
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Ameriprise Financial is scheduled to release its next quarterly earnings announcement on Tuesday, October 25th 2022.
View our earnings forecast for Ameriprise Financial.

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.

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.

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.

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.

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.

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).

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

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.

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.
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One share of AMP stock can currently be purchased for approximately $269.06.

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.

Ameriprise Financial employs 12,000 workers across the globe.

Ameriprise Financial was founded in 1894.

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.