Ameriprise Financial Stock Forecast, Price & News

Ameriprise Financial (NYSE:AMP) Frequently Asked Questions

Is Ameriprise Financial a buy right now?

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

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 stock has increased by 181.5% and is now trading at $311.83.
View which stocks have been most impacted by COVID-19.

Are investors shorting Ameriprise Financial?

Ameriprise Financial saw a decrease in short interest in the month of December. As of December 31st, there was short interest totaling 783,900 shares, a decrease of 37.3% from the December 15th total of 1,250,000 shares. Based on an average daily volume of 542,400 shares, the short-interest ratio is presently 1.4 days. Approximately 0.7% of the shares of the company are short sold.
View Ameriprise Financial's Short Interest.

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 for the quarter, topping analysts' consensus estimates of $5.49 by $0.42. The financial services provider earned $3.50 billion during the quarter, compared to the consensus estimate of $3.49 billion. Ameriprise Financial had a net margin of 17.39% and a trailing twelve-month return on equity of 45.09%. The company's revenue for the quarter was up 17.4% compared to the same quarter last year. During the same period last year, the company 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 given a dividend of $1.13 per share on Friday, November 19th. This represents a $4.52 annualized dividend and a dividend yield of 1.45%. 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 1.42%. Ameriprise Financial has been increasing its dividend for 17 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 18.34% 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 of Directors has approved a stock repurchase plan 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 reacquire up to 12.5% of its shares through open market purchases. Shares repurchase plans are usually an indication that the company's management believes its stock is undervalued.

What price target have analysts set for AMP?

8 equities research analysts have issued twelve-month target prices for Ameriprise Financial's stock. Their forecasts range from $265.00 to $385.00. On average, they expect Ameriprise Financial's share price to reach $333.80 in the next year. This suggests a possible upside of 7.0% 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 Welch & Forbes LLC (0.19%), Copeland Capital Management LLC (0.04%), Gradient Investments LLC (0.04%), Royal London Asset Management Ltd. (0.03%), Farmers & Merchants Investments Inc. (0.03%) and Legacy Private Trust Co. (0.02%). 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 major investors are selling Ameriprise Financial stock?

AMP stock was sold by a variety of institutional investors in the last quarter, including Gradient Investments LLC, Royal London Asset Management Ltd., First Hawaiian Bank, IBM Retirement Fund, State of Alaska Department of Revenue, New Mexico Educational Retirement Board, Welch & Forbes LLC, and CHICAGO TRUST Co NA. 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 major investors are buying Ameriprise Financial stock?

AMP stock was acquired by a variety of institutional investors in the last quarter, including Bremer Bank National Association, Crossmark Global Holdings Inc., Aries Wealth Management, Evergreen Wealth Solutions LLC, Diversified Trust Co, Guinness Asset Management LTD, Lindbrook Capital LLC, and Brookstone Capital Management.
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 $311.83.

How much money does Ameriprise Financial make?

Ameriprise Financial has a market capitalization of $34.89 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.