Ameriprise Financial Stock Forecast, Price & News

Ameriprise Financial (NYSE:AMP) Frequently Asked Questions

Is Ameriprise Financial a buy right now?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ameriprise Financial in the last year. There are currently 1 hold rating and 6 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.

How has Ameriprise Financial's stock price been impacted by COVID-19?

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 shares have increased by 162.0% and is now trading at $290.20.
View which stocks have been most impacted by COVID-19.

When is Ameriprise Financial's next earnings date?

Ameriprise Financial is scheduled to release its next quarterly earnings announcement on Wednesday, January 26th 2022.
View our earnings forecast for Ameriprise Financial.

How were Ameriprise Financial's earnings last quarter?

Ameriprise Financial, Inc. (NYSE:AMP) issued its quarterly earnings data on Monday, October, 25th. The financial services provider reported $5.91 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $5.49 by $0.42. The financial services provider had revenue of $3.50 billion for the quarter, compared to analyst estimates of $3.49 billion. Ameriprise Financial had a trailing twelve-month return on equity of 45.09% and a net margin of 17.39%. Ameriprise Financial's revenue was up 17.4% on a year-over-year basis. During the same quarter last year, the firm posted $4.27 EPS.
View Ameriprise Financial's earnings history.

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

Ameriprise Financial announced a quarterly dividend on Tuesday, October 26th. Stockholders of record on Monday, November 8th will be paid a dividend of $1.13 per share on Friday, November 19th. This represents a $4.52 dividend on an annualized basis and a dividend yield of 1.56%. The ex-dividend date is Friday, November 5th.
View Ameriprise Financial's dividend history.

Is Ameriprise Financial a good dividend stock?

Ameriprise Financial pays an annual dividend of $4.52 per share and currently has a dividend yield of 1.53%. Ameriprise Financial has been increasing its dividend for 16 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio of Ameriprise Financial is 24.38%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Ameriprise Financial will have a dividend payout ratio of 18.54% 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 declared that its board has initiated a share repurchase program on Tuesday, September 29th 2020, which allows the company to repurchase $2,500,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to repurchase up to 12.5% of its shares through open market purchases. Shares repurchase programs are typically an indication that the company's management believes its shares are undervalued.

What price target have analysts set for AMP?

7 Wall Street analysts have issued 12 month target prices for Ameriprise Financial's shares. Their forecasts range from $221.00 to $350.00. On average, they expect Ameriprise Financial's share price to reach $298.38 in the next twelve months. This suggests a possible upside of 2.8% from the stock's current price.
View analysts' price targets for Ameriprise Financial or view top-rated stocks among Wall Street analysts.

Who are Ameriprise Financial's key executives?

Ameriprise Financial's management team includes the following people:

• Jim Cracchiolo, Chairman & Chief Executive Officer (LinkedIn Profile)
• Charles Neal Maglaque, COO & President-Business Development
• Walter Stanley Berman, Executive VP, Chief Financial & Risk Officer
• Gerard Smyth, Chief Information Officer & Executive VP
• Karen Wilson Thissen, Executive Vice President & General Counsel (LinkedIn Profile)

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.

Who are some of Ameriprise Financial's key competitors?

Some companies that are related to Ameriprise Financial include BlackRock (BLK), Bank of New York Mellon (BK), T. Rowe Price Group (TROW), 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).
View all of AMP's 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 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 variety of institutional and retail investors. Top institutional investors include BlackRock Inc. (8.28%), Bank of New York Mellon Corp (2.39%), Boston Partners (1.97%), Geode Capital Management LLC (1.89%), LSV Asset Management (1.79%) and UBS Group AG (1.68%). Company insiders that own Ameriprise Financial stock include Colin Moore, Gerard P Smyth, 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.

Which institutional investors are selling Ameriprise Financial stock?

AMP stock was sold by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, BlackRock Inc., LSV Asset Management, American Century Companies Inc., Invesco Ltd., Viking Global Investors LP, Lyrical Asset Management LP, and Deutsche Bank AG. Company insiders that have sold Ameriprise Financial company stock in the last year include Colin Moore, Gerard P Smyth, James M Cracchiolo, 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.

Which institutional investors are buying Ameriprise Financial stock?

AMP stock was acquired by a variety of institutional investors in the last quarter, including Bain Capital Public Equity Management II LLC, Millennium Management LLC, Balyasny Asset Management LLC, MARSHALL WACE ASIA Ltd, The Manufacturers Life Insurance Company , Point72 Asset Management L.P., Nissay Asset Management Corp Japan ADV, and Argent Capital Management LLC.
View insider buying and selling activity for Ameriprise Financial or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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What is Ameriprise Financial's stock price today?

One share of AMP stock can currently be purchased for approximately $290.20.

How much money does Ameriprise Financial make?

Ameriprise Financial has a market capitalization of $32.47 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 $18.54 on an earnings per share basis.

How many employees does Ameriprise Financial have?

Ameriprise Financial employs 12,300 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.

When was Ameriprise Financial founded?

Ameriprise Financial was founded in 1894.

What is Ameriprise Financial's official website?

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

Where are Ameriprise Financial's headquarters?

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

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, via email at [email protected], or via fax at 612-671-8880.