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S&P 500   4,293.93
DOW   33,833.61
QQQ   353.15
High Dividend REITs: Are They an Ideal Way to Diversify?
The single greatest medical breakthrough of all time? (Ad)
Stock market today: Asian shares mostly rise, lifted by bull market on Wall Street
2 Dow Stocks Trading Less Than 10x Earnings are Blue Chip Values
The single greatest medical breakthrough of all time? (Ad)
Boost for homebuyers: Average long-term US mortgage rate eases from 7-month high to 6.71% this week
6 Best Online and Direct Marketing Retail Stocks to Invest in
The single greatest medical breakthrough of all time? (Ad)
Homebuilding Stocks Defying Cooling Housing Market: Time to Sell?
The S&P 500 is in a bull market. Here's what that means and how long the bull might run
S&P 500   4,293.93
DOW   33,833.61
QQQ   353.15
High Dividend REITs: Are They an Ideal Way to Diversify?
The single greatest medical breakthrough of all time? (Ad)
Stock market today: Asian shares mostly rise, lifted by bull market on Wall Street
2 Dow Stocks Trading Less Than 10x Earnings are Blue Chip Values
The single greatest medical breakthrough of all time? (Ad)
Boost for homebuyers: Average long-term US mortgage rate eases from 7-month high to 6.71% this week
6 Best Online and Direct Marketing Retail Stocks to Invest in
The single greatest medical breakthrough of all time? (Ad)
Homebuilding Stocks Defying Cooling Housing Market: Time to Sell?
The S&P 500 is in a bull market. Here's what that means and how long the bull might run
S&P 500   4,293.93
DOW   33,833.61
QQQ   353.15
High Dividend REITs: Are They an Ideal Way to Diversify?
The single greatest medical breakthrough of all time? (Ad)
Stock market today: Asian shares mostly rise, lifted by bull market on Wall Street
2 Dow Stocks Trading Less Than 10x Earnings are Blue Chip Values
The single greatest medical breakthrough of all time? (Ad)
Boost for homebuyers: Average long-term US mortgage rate eases from 7-month high to 6.71% this week
6 Best Online and Direct Marketing Retail Stocks to Invest in
The single greatest medical breakthrough of all time? (Ad)
Homebuilding Stocks Defying Cooling Housing Market: Time to Sell?
The S&P 500 is in a bull market. Here's what that means and how long the bull might run
NYSE:AMP

Ameriprise Financial (AMP) Stock Forecast, Price & News

$314.51
-2.63 (-0.83%)
(As of 06/8/2023 ET)
Compare
Today's Range
$309.81
$316.43
50-Day Range
$282.02
$317.14
52-Week Range
$219.99
$357.46
Volume
460,703 shs
Average Volume
609,233 shs
Market Capitalization
$32.77 billion
P/E Ratio
15.97
Dividend Yield
1.72%
Price Target
$349.70

Ameriprise Financial MarketRank™ Forecast

Analyst Rating
Hold
2.44 Rating Score
Upside/​Downside
11.2% 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
0.98mentions of Ameriprise Financial in the last 14 days
Based on 5 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
10.46%
From $30.39 to $33.57 Per Share

Overall MarketRank

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

2.81 out of 5 stars

Finance Sector

173rd out of 857 stocks

Investment Advice Industry

9th 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

StockNews.com Lowers Ameriprise Financial (NYSE:AMP) to Sell
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AMP Price History

AMP Company Calendar

Last Earnings
4/25/2023
Ex-Dividend for 5/19 Dividend
5/05/2023
Dividend Payable
5/19/2023
Today
6/08/2023
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
+11.2%
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
$26.61 per share
Book Value
$33.95 per share

Miscellaneous

Free Float
103,418,000
Market Cap
$32.77 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 equities research analysts have issued "buy," "hold," and "sell" ratings for Ameriprise Financial in the last twelve months. There are currently 1 sell rating, 3 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street equities 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 brokerages have issued 12-month price objectives for Ameriprise Financial's shares. Their AMP share price forecasts range from $250.00 to $401.00. On average, they anticipate the company's stock price to reach $349.70 in the next twelve months. This suggests a possible upside of 11.2% 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 2023. Since then, AMP stock has increased by 1.0% and is now trading at $314.51.
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 daily trading volume, of 644,600 shares, the short-interest ratio is currently 1.9 days. Currently, 1.2% of the shares of the company are short sold.
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) announced 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 had revenue of $3.74 billion for the quarter, compared to analyst estimates 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 revenue for the quarter was up 3.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $5.98 earnings per share.
Read the conference call transcript
.

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

Ameriprise Financial declared a quarterly dividend on Monday, April 24th. Investors of record on Monday, May 8th will be paid 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 of this dividend 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 1.73%. 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 16.09% 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 announced that its board has authorized a share repurchase 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 reacquire up to 8.8% of its stock through open market purchases. Stock repurchase programs are often a sign that the company's management believes its shares are 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 many different institutional and retail investors. Top institutional investors 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 $314.51.

How much money does Ameriprise Financial make?

Ameriprise Financial (NYSE:AMP) has a market capitalization of $32.77 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 6/9/2023 by MarketBeat.com Staff

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