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META   262.03 (+0.00%)
GOOGL   122.66 (-1.56%)
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NVDA   400.42 (+2.81%)
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BABA   78.24 (-3.37%)
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T   15.60 (+0.65%)
F   12.58 (+4.05%)
MU   71.94 (-2.69%)
CGC   0.86 (-2.01%)
GE   101.93 (-0.79%)
DIS   87.02 (-1.44%)
AMC   4.58 (-1.29%)
PFE   37.08 (-1.38%)
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NYSE:AMP

Ameriprise Financial (AMP) Stock Forecast, Price & News

$308.27
-0.86 (-0.28%)
(As of 02:03 PM ET)
Compare
Today's Range
$305.82
$311.77
50-Day Range
$282.02
$315.97
52-Week Range
$219.99
$357.46
Volume
313,143 shs
Average Volume
597,445 shs
Market Capitalization
$32.12 billion
P/E Ratio
15.66
Dividend Yield
1.75%
Price Target
$349.70

Ameriprise Financial MarketRank™ Forecast

Analyst Rating
Hold
2.44 Rating Score
Upside/​Downside
13.7% Upside
$349.70 Price Target
Short Interest
Healthy
1.15% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.55
Upright™ Environmental Score
News Sentiment
0.87mentions of Ameriprise Financial in the last 14 days
Based on 9 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
11.31%
From $30.42 to $33.86 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.92 out of 5 stars

Finance Sector

178th out of 905 stocks

Investment Advice Industry

10th out of 51 stocks


AMP stock logo

About Ameriprise Financial (NYSE:AMP) Stock

Ameriprise Financial, Inc. operates as a holding company. The firm provides financial planning, asset management and insurance services to individuals, businesses and institutions. It operates through the following business segments: Advice & Wealth Management, Asset Management, Retirement & Protection Solutions, and Corporate & Other. The Advice & Wealth Management segment provides financial planning and advice, as well as full-service brokerage and banking services, primarily to retail clients through the company's financial advisors. The Asset Management segment provides investment advice and investment products to retail and institutional clients. It also provides products and services on a global scale through two complementary asset management businesses: Columbia Management and Threadneedle. The Columbia Management business primarily provides U.S. domestic products and services and Threadneedle primarily provides international investment products and services. Its international retail products are primarily provided through third-party financial institutions. The segments retail products include mutual funds and variable product funds underlying insurance and annuity separat

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AMP Stock News Headlines

Is Graphite the New Lithium?
Did you know that graphite (NOT lithium) is the largest component of lithium batteries used for EV's? Unfortunately, there are no graphite-producing mines in North America today. This leaves the U.S. at the mercy of China for our vital graphite supply.
Is Graphite the New Lithium?
Did you know that graphite (NOT lithium) is the largest component of lithium batteries used for EV's? Unfortunately, there are no graphite-producing mines in North America today. This leaves the U.S. at the mercy of China for our vital graphite supply.
See More Headlines
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AMP Company Calendar

Last Earnings
4/25/2023
Ex-Dividend for 5/19 Dividend
5/05/2023
Dividend Payable
5/19/2023
Today
5/30/2023
Next Earnings (Estimated)
7/25/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Investment advice
Sub-Industry
Asset Management & Custody Banks
Sector
Finance
CUSIP
03076C10
Employees
13,500
Year Founded
1894

Price Target and Rating

Average Stock Price Forecast
$349.70
High Stock Price Forecast
$401.00
Low Stock Price Forecast
$250.00
Forecasted Upside/Downside
+13.1%
Consensus Rating
Hold
Rating Score (0-4)
2.44
Research Coverage
9 Analysts

Profitability

Net Income
$2.56 billion
Pretax Margin
18.59%

Debt

Sales & Book Value

Annual Sales
$14.29 billion
Cash Flow
$26.49 per share
Book Value
$33.95 per share

Miscellaneous

Free Float
103,418,000
Market Cap
$32.21 billion
Optionable
Optionable
Beta
1.46

Social Links


Key Executives

  • Jim Cracchiolo
    Chairman & Chief Executive Officer
  • Charles Neal Maglaque
    COO & President-Business Development
  • Walter Stanley BermanWalter Stanley Berman
    Executive VP, Chief Financial & Risk Officer
  • Gerard SmythGerard Smyth
    Chief Information Officer & Executive VP
  • Heather Melloh
    Executive Vice President & General Counsel













AMP Stock - Frequently Asked Questions

Should I buy or sell Ameriprise Financial stock right now?

9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Ameriprise Financial in the last year. There are currently 1 sell rating, 3 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" AMP shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in AMP, but not buy additional shares or sell existing shares.
View AMP analyst ratings
or view top-rated stocks.

What is Ameriprise Financial's stock price forecast for 2023?

9 Wall Street analysts have issued twelve-month price targets for Ameriprise Financial's stock. Their AMP share price forecasts range from $250.00 to $401.00. On average, they expect the company's share price to reach $349.70 in the next twelve months. This suggests a possible upside of 13.1% from the stock's current price.
View analysts price targets for AMP
or view top-rated stocks among Wall Street analysts.

How have AMP shares performed in 2023?

Ameriprise Financial's stock was trading at $311.37 at the beginning of the year. Since then, AMP shares have decreased by 0.7% and is now trading at $309.13.
View the best growth stocks for 2023 here
.

Are investors shorting Ameriprise Financial?

Ameriprise Financial saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 1,200,000 shares, an increase of 14.3% from the April 30th total of 1,050,000 shares. Based on an average trading volume of 644,600 shares, the short-interest ratio is presently 1.9 days. Approximately 1.2% of the company's shares are sold short.
View Ameriprise Financial's Short Interest
.

When is Ameriprise Financial's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, July 25th 2023.
View our AMP earnings forecast
.

How were Ameriprise Financial's earnings last quarter?

Ameriprise Financial, Inc. (NYSE:AMP) issued its quarterly earnings data on Tuesday, April, 25th. The financial services provider reported $7.25 earnings per share (EPS) for the quarter, beating the consensus estimate of $7.21 by $0.04. The financial services provider earned $3.74 billion during the quarter, compared to the consensus estimate of $3.69 billion. Ameriprise Financial had a trailing twelve-month return on equity of 77.32% and a net margin of 15.41%. The business's quarterly revenue was up 3.2% compared to the same quarter last year. During the same period in the prior year, the company earned $5.98 EPS.
Read the conference call transcript
.

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

Ameriprise Financial announced a quarterly dividend on Monday, April 24th. Investors of record on Monday, May 8th will be given a dividend of $0.10 per share on Friday, May 19th. This represents a $0.40 annualized dividend and a yield of 0.13%. The ex-dividend date is Friday, May 5th.
Read our dividend analysis for AMP
.

Is Ameriprise Financial a good dividend stock?

Ameriprise Financial (NYSE:AMP) pays an annual dividend of $5.40 per share and currently has a dividend yield of 1.75%. The company 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 is 27.43%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, AMP will have a dividend payout ratio of 15.95% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for AMP.

How will Ameriprise Financial's stock buyback program work?

Ameriprise Financial declared that its Board of Directors has authorized a stock buyback program on Wednesday, January 26th 2022, which permits the company to repurchase $3,000,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to purchase up to 8.8% of its shares through open market purchases. Shares repurchase programs are generally a sign that the company's board believes its stock is undervalued.

What is Jim Cracchiolo's approval rating as Ameriprise Financial's CEO?

917 employees have rated Ameriprise Financial Chief Executive Officer Jim Cracchiolo on Glassdoor.com. Jim Cracchiolo has an approval rating of 89% among the company'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 shareholders include BlackRock Inc. (8.94%), State Street Corp (4.43%), Aristotle Capital Management LLC (3.71%), Geode Capital Management LLC (2.31%), Bank of New York Mellon Corp (1.75%) and Boston Partners (1.73%). Insiders that own company stock include Colin Moore, Dawn M Brockman, Gerard P Smyth, Gumer Alvero, Heather J Melloh, James M Cracchiolo, John R Hutt, John Robert Woerner, Joseph Edward Sweeney, Karen Wilson Thissen, Robert Francis Sharpe Jr, Walter Stanley Berman and William F Truscott.
View institutional ownership trends
.

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 $309.13.

How much money does Ameriprise Financial make?

Ameriprise Financial (NYSE:AMP) has a market capitalization of $32.21 billion and generates $14.29 billion in revenue each year. The financial services provider earns $2.56 billion in net income (profit) each year or $19.69 on an earnings per share basis.

How many employees does Ameriprise Financial have?

The company employs 13,500 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
How can I contact Ameriprise Financial?

Ameriprise Financial's mailing address is 1099 AMERIPRISE FINANCIAL CENTER, MINNEAPOLIS MN, 55474. The official website for the company 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 5/30/2023 by MarketBeat.com Staff

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