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, August 4th 2021.
View our earnings forecast for Ameriprise Financial.

Ameriprise Financial, Inc. (NYSE:AMP) posted its quarterly earnings data on Sunday, April, 25th. The financial services provider reported $5.43 EPS for the quarter, topping the Zacks' consensus estimate of $4.73 by $0.70. The financial services provider had revenue of $3.35 billion for the quarter, compared to analyst estimates of $3.23 billion. Ameriprise Financial had a positive trailing twelve-month return on equity of 34.89% and a negative net margin of 0.53%. The business's revenue was up 11.6% on a year-over-year basis. During the same period last year, the business earned $5.41 earnings per share.
View Ameriprise Financial's earnings history.

Ameriprise Financial's stock was trading at $110.78 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, AMP shares have increased by 113.6% and is now trading at $236.66.
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Ameriprise Financial announced a quarterly dividend on Monday, April 26th. Shareholders of record on Monday, May 10th will be paid a dividend of $1.13 per share on Friday, May 21st. This represents a $4.52 annualized dividend and a yield of 1.91%. The ex-dividend date is Friday, May 7th. This is an increase from Ameriprise Financial's previous quarterly dividend of $1.04.
View Ameriprise Financial's dividend history.

Ameriprise Financial pays an annual dividend of $4.52 per share and currently has a dividend yield of 1.85%. Ameriprise Financial has been increasing its dividend for 11 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. 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 19.81% 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 buyback plan on Tuesday, September 29th 2020, which authorizes the company to buyback $2,500,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to purchase up to 12.5% of its stock through open market purchases. Stock buyback plans are often a sign that the company's leadership believes its shares are undervalued.

7 brokerages have issued 1-year price objectives for Ameriprise Financial's shares. Their forecasts range from $185.00 to $295.00. On average, they expect Ameriprise Financial's stock price to reach $237.75 in the next twelve months. This suggests a possible upside of 0.5% from the stock's current price.
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), SEI Investments (SEIC), Ares Capital (ARCC), 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 a variety of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (7.68%), JPMorgan Chase & Co. (3.87%), Bank of New York Mellon Corp (2.16%), LSV Asset Management (2.02%), Boston Partners (1.83%) and UBS Asset Management Americas Inc. (1.80%). 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 UBS Group AG, Cibc World Markets Corp, AQR Capital Management LLC, Millennium Management LLC, Royal Bank of Canada, Bank of Montreal Can, LSV Asset Management, and Great West Life Assurance Co. Can. 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 acquired by a variety of institutional investors in the last quarter, including Viking Global Investors LP, Bank of New York Mellon Corp, JPMorgan Chase & Co., BlackRock Inc., Boston Partners, Morgan Stanley, Assenagon Asset Management S.A., and Goldman Sachs Group Inc..
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 $236.66.

Ameriprise Financial has a market capitalization of $27.43 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 612-671-8001 or via email at [email protected]