NYSE:AMP - Ameriprise Financial Stock Price, Price Target & More

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$142.01 -0.26 (-0.18 %)
(As of 07/16/2018 02:59 AM ET)
Previous Close$142.01
Today's Range$141.76 - $143.68
52-Week Range$129.87 - $183.90
Volume845,103 shs
Average Volume1.05 million shs
Market Capitalization$20.54 billion
P/E Ratio11.57
Dividend Yield2.54%
Beta1.84
Ameriprise Financial logoAmeriprise Financial, Inc., through its subsidiaries, provides various financial products and services to individual and institutional clients in the United States and internationally. It operates through Advice & Wealth Management, Asset Management, Annuities, and Protection segments. The Advice & Wealth Management segment provides financial planning and advice, as well as full-service brokerage services primarily to retail clients through its advisors. The Asset Management segment offers investment management and advice, and investment products to retail, high net worth, and institutional clients through unaffiliated third party financial institutions and institutional sales force. This segment's products include U.S. mutual funds and their non-U.S. equivalents, exchange-traded funds, variable product funds underlying insurance, and annuity separate accounts; and institutional asset management products, such as traditional asset classes, separately managed accounts, individually managed accounts, collateralized loan obligations, hedge funds, collective funds, and property funds. The Annuities segment provides variable and fixed annuity products to individual clients through affiliated and unaffiliated advisors, and financial institutions. The Protection segment offers various products to address the protection and risk management needs of retail clients, including life, disability income, and property casualty insurance through advisors and affinity relationships. The company was formerly known as American Express Financial Corporation and changed its name to Ameriprise Financial, Inc. in September 2005. Ameriprise Financial, Inc. was founded in 1894 and is headquartered in Minneapolis, Minnesota.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Investment advice
Sub-IndustryAsset Management & Custody Banks
SectorFinance
SymbolNYSE:AMP
CUSIP03076C10
Phone612-671-3131

Debt

Debt-to-Equity Ratio0.87
Current Ratio0.67
Quick Ratio0.67

Price-To-Earnings

Trailing P/E Ratio11.57
Forward P/E Ratio9.80
P/E GrowthN/A

Sales & Book Value

Annual Sales$12.03 billion
Price / Sales1.71
Cash Flow$14.5801 per share
Price / Cash9.74
Book Value$40.55 per share
Price / Book3.50

Profitability

EPS (Most Recent Fiscal Year)$12.27
Net Income$1.48 billion
Net Margins13.59%
Return on Equity33.67%
Return on Assets1.41%

Miscellaneous

Employees13,000
Outstanding Shares144,610,000
Market Cap$20,536.49

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Ameriprise Financial (NYSE:AMP) Frequently Asked Questions

What is Ameriprise Financial's stock symbol?

Ameriprise Financial trades on the New York Stock Exchange (NYSE) under the ticker symbol "AMP."

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

Ameriprise Financial announced a quarterly dividend on Monday, April 23rd. Stockholders of record on Monday, May 7th will be given a dividend of $0.90 per share on Friday, May 18th. This represents a $3.60 annualized dividend and a dividend yield of 2.54%. The ex-dividend date of this dividend is Friday, May 4th. This is an increase from Ameriprise Financial's previous quarterly dividend of $0.83. View Ameriprise Financial's Dividend History.

How will Ameriprise Financial's stock buyback program work?

Ameriprise Financial announced that its Board of Directors has approved a stock repurchase plan on Sunday, June 4th 2017, which authorizes the company to buyback $2,500,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to repurchase up to 12.3% of its stock through open market purchases. Stock buyback plans are generally a sign that the company's management believes its stock is undervalued.

How were Ameriprise Financial's earnings last quarter?

Ameriprise Financial, Inc. (NYSE:AMP) posted its quarterly earnings results on Monday, April, 23rd. The financial services provider reported $3.70 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $3.46 by $0.24. The financial services provider earned $3.10 billion during the quarter, compared to the consensus estimate of $3.09 billion. Ameriprise Financial had a net margin of 13.59% and a return on equity of 33.67%. Ameriprise Financial's revenue for the quarter was up 8.7% on a year-over-year basis. During the same quarter in the prior year, the company posted $2.52 EPS. View Ameriprise Financial's Earnings History.

When is Ameriprise Financial's next earnings date?

Ameriprise Financial is scheduled to release their next quarterly earnings announcement on Tuesday, July, 24th 2018. View Earnings Estimates for Ameriprise Financial.

What price target have analysts set for AMP?

9 Wall Street analysts have issued 1 year target prices for Ameriprise Financial's stock. Their forecasts range from $150.00 to $217.00. On average, they anticipate Ameriprise Financial's stock price to reach $169.00 in the next year. This suggests a possible upside of 19.0% from the stock's current price. View Analyst Ratings for Ameriprise Financial.

What is the consensus analysts' recommendation for Ameriprise Financial?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ameriprise Financial in the last year. There are currently 5 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold."

Who are some of Ameriprise Financial's key competitors?

Who are Ameriprise Financial's key executives?

Ameriprise Financial's management team includes the folowing people:
  • Mr. James M. Cracchiolo, Chairman & CEO (Age 59)
  • Mr. Walter S. Berman, Exec. VP & CFO (Age 75)
  • Mr. Colin Moore AIIMR, Exec. VP & Global Chief Investment Officer (Age 60)
  • Mr. William Frederick Truscott, Chief Exec. Officer of Global Asset Management (Age 58)
  • Mr. Joseph Edward Sweeney, Pres of Advice & Wealth Management - Products & Service Delivery (Age 57)

Has Ameriprise Financial been receiving favorable news coverage?

News headlines about AMP stock have been trending positive recently, Accern Sentiment Analysis reports. Accern rates the sentiment of press coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Ameriprise Financial earned a news sentiment score of 0.33 on Accern's scale. They also assigned news stories about the financial services provider an impact score of 46.26 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future.

Who are Ameriprise Financial's major shareholders?

Ameriprise Financial's stock is owned by many different of retail and institutional investors. Top institutional shareholders include NN Investment Partners Holdings N.V. (0.05%), Fjarde AP Fonden Fourth Swedish National Pension Fund (0.03%), Legacy Private Trust Co. (0.02%), Xact Kapitalforvaltning AB (0.02%), State of Alaska Department of Revenue (0.01%) and DnB Asset Management AS (0.01%). Company insiders that own Ameriprise Financial stock include Charles Neal Maglaque, Colin Moore, David Kent Stewart, Deirdre Davey Mcgraw, James M Cracchiolo, John Carl Junek, John Robert Woerner, Joseph Edward Sweeney, Karen Wilson Thissen, Kelli A Hunter, 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 Atria Investments LLC, Bremer Trust National Association, Gateway Investment Advisers LLC, Fjarde AP Fonden Fourth Swedish National Pension Fund and State of Alaska Department of Revenue. Company insiders that have sold Ameriprise Financial company stock in the last year include Charles Neal Maglaque, Colin Moore, David Kent Stewart, Deirdre Davey Mcgraw, James M Cracchiolo, John Robert Woerner, Joseph Edward Sweeney, Karen Wilson Thissen, Kelli A Hunter, Randy Kupper and William F Truscott. View Insider Buying and Selling for Ameriprise Financial.

Which major investors are buying Ameriprise Financial stock?

AMP stock was bought by a variety of institutional investors in the last quarter, including NN Investment Partners Holdings N.V., Cullinan Associates Inc., FormulaFolio Investments LLC, Xact Kapitalforvaltning AB, IFM Investors Pty Ltd, Legacy Private Trust Co., Fulton Bank N.A. and DnB Asset Management AS. Company insiders that have bought Ameriprise Financial stock in the last two years include James M Cracchiolo and Walter Stanley Berman. View Insider Buying and Selling for Ameriprise Financial.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Ameriprise Financial's stock price today?

One share of AMP stock can currently be purchased for approximately $142.01.

How big of a company is Ameriprise Financial?

Ameriprise Financial has a market capitalization of $20.54 billion and generates $12.03 billion in revenue each year. The financial services provider earns $1.48 billion in net income (profit) each year or $12.27 on an earnings per share basis. Ameriprise Financial employs 13,000 workers across the globe.

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 or via email at [email protected]


MarketBeat Community Rating for Ameriprise Financial (NYSE AMP)

Community Ranking:  2.7 out of 5 (star star)
Outperform Votes:  413 (Vote Outperform)
Underperform Votes:  359 (Vote Underperform)
Total Votes:  772
MarketBeat's community ratings are surveys of what our community members think about Ameriprise Financial and other stocks. Vote "Outperform" if you believe AMP will outperform the S&P 500 over the long term. Vote "Underperform" if you believe AMP will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 7/16/2018 by MarketBeat.com Staff

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