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A gold storm is coming… (Ad)
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Route to Super Bowl dangerous for Mexico's avocado haulers
S&P 500   3,852.36
DOW   32,920.46
QQQ   306.18
MarketBeat Week in Review – 1/30 - 2/3
A gold storm is coming… (Ad)
State of the Union: Biden sees economic glow, GOP sees gloom
Why a new Alzheimer's drug is having a slow US debut
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Sri Lanka marks independence anniversary amid economic woes
Tesla hikes price of Model Y after US alters tax credit rule
A gold storm is coming… (Ad)
Disney World unions vote down offer covering 45,000 workers
Route to Super Bowl dangerous for Mexico's avocado haulers
S&P 500   3,852.36
DOW   32,920.46
QQQ   306.18
MarketBeat Week in Review – 1/30 - 2/3
A gold storm is coming… (Ad)
State of the Union: Biden sees economic glow, GOP sees gloom
Why a new Alzheimer's drug is having a slow US debut
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Sri Lanka marks independence anniversary amid economic woes
Tesla hikes price of Model Y after US alters tax credit rule
A gold storm is coming… (Ad)
Disney World unions vote down offer covering 45,000 workers
Route to Super Bowl dangerous for Mexico's avocado haulers
S&P 500   3,852.36
DOW   32,920.46
QQQ   306.18
MarketBeat Week in Review – 1/30 - 2/3
A gold storm is coming… (Ad)
State of the Union: Biden sees economic glow, GOP sees gloom
Why a new Alzheimer's drug is having a slow US debut
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Sri Lanka marks independence anniversary amid economic woes
Tesla hikes price of Model Y after US alters tax credit rule
A gold storm is coming… (Ad)
Disney World unions vote down offer covering 45,000 workers
Route to Super Bowl dangerous for Mexico's avocado haulers
NYSE:AMP

Ameriprise Financial - AMP Stock Forecast, Price & News

$354.10
+6.39 (+1.84%)
(As of 02/3/2023 12:00 AM ET)
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Compare
Today's Range
$344.53
$354.29
50-Day Range
$304.55
$354.53
52-Week Range
$219.99
$356.77
Volume
561,102 shs
Average Volume
507,108 shs
Market Capitalization
$37.68 billion
P/E Ratio
15.77
Dividend Yield
1.44%
Price Target
$347.18

Ameriprise Financial MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.55 Rating Score
Upside/​Downside
2.0% Downside
$347.18 Price Target
Short Interest
Healthy
0.80% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.48
Upright™ Environmental Score
News Sentiment
0.53mentions of Ameriprise Financial in the last 14 days
Based on 40 Articles This Week
Insider Trading
Selling Shares
$15.83 M Sold Last Quarter
Proj. Earnings Growth
8.15%
From $30.66 to $33.16 Per Share

Overall MarketRank

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

2.95 out of 5 stars

Finance Sector

51st out of 858 stocks

Investment Advice Industry

3rd out of 46 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

Know Your Profit Potential BEFORE You Trade!
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Ameriprise Financial (NYSE:AMP) Price Target Raised to $392.00
Know Your Profit Potential BEFORE You Trade!
I’m Chuck Hughes, ten-time trading champion and author of the coveted e-book, “Options Trading Made Easy”, the strategy guide that will teach you to calculate your trade’s profit potential before you risk any capital. Click here for a free copy now! pixel
6 Analysts Have This to Say About Ameriprise Financial
Will Ameriprise (AMP) Gain on Rising Earnings Estimates?
Ameriprise Financial (NYSE:AMP) Raised to Hold at StockNews.com
Ameriprise Financial Reports Fourth Quarter 2022 Results
Ameriprise Financial Inc. Q4 Profit Decreases, but beats estimates
Ameriprise Financial Earnings Preview
See More Headlines
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AMP Company Calendar

Ex-Dividend for 11/18 Dividend
11/04/2022
Dividend Payable
11/18/2022
Last Earnings
1/26/2023
Today
2/04/2023
Ex-Dividend for 2/28 Dividend
2/09/2023
Dividend Payable
2/28/2023
Next Earnings (Estimated)
4/24/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Investment advice
Sub-Industry
Asset Management & Custody Banks
Sector
Finance
CUSIP
03076C10
Employees
12,000
Year Founded
1894

Price Target and Rating

Average Stock Price Forecast
$347.18
High Stock Price Forecast
$401.00
Low Stock Price Forecast
$250.00
Forecasted Upside/Downside
-2.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.55
Research Coverage
11 Analysts

Profitability

Net Income
$2.56 billion
Pretax Margin
23.76%

Debt

Sales & Book Value

Annual Sales
$14.29 billion
Cash Flow
$25.73 per share
Book Value
$33.95 per share

Miscellaneous

Free Float
105,353,000
Market Cap
$37.68 billion
Optionable
Optionable
Beta
1.50

Social Links


Key Executives

  • Jim CracchioloJim 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
  • Paul B. Goucher
    Senior Vice President & Assistant General Counsel













AMP Stock - Frequently Asked Questions

Should I buy or sell Ameriprise Financial stock right now?

11 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 7 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" AMP shares.
View AMP analyst ratings
or view top-rated stocks.

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

11 analysts have issued 1-year 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 $347.18 in the next year. This suggests that the stock has a possible downside of 2.0%.
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 13.7% and is now trading at $354.10.
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 January. As of January 15th, there was short interest totaling 847,300 shares, an increase of 7.8% from the December 31st total of 785,800 shares. Based on an average daily volume of 570,000 shares, the days-to-cover ratio is currently 1.5 days. Currently, 0.8% 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 Monday, April 24th 2023.
View our AMP earnings forecast
.

How were Ameriprise Financial's earnings last quarter?

Ameriprise Financial, Inc. (NYSE:AMP) posted its quarterly earnings data on Thursday, January, 26th. The financial services provider reported $6.94 earnings per share for the quarter, topping analysts' consensus estimates of $6.35 by $0.59. The financial services provider had revenue of $3.62 billion for the quarter, compared to analyst estimates of $3.46 billion. Ameriprise Financial had a trailing twelve-month return on equity of 70.64% and a net margin of 17.91%. The company's revenue was down 3.8% compared to the same quarter last year. During the same period in the prior year, the company earned $6.15 EPS.
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 Wednesday, January 25th. Investors of record on Friday, February 10th will be given a dividend of $1.25 per share on Tuesday, February 28th. This represents a $5.00 annualized dividend and a dividend yield of 1.41%. The ex-dividend date of this dividend is Thursday, February 9th.
Read our dividend analysis for AMP
.

Is Ameriprise Financial a good dividend stock?

Ameriprise Financial (NYSE:AMP) pays an annual dividend of $5.00 per share and currently has a dividend yield of 1.44%. The company 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 is 22.27%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, AMP will have a dividend payout ratio of 15.08% 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 initiated a share repurchase program on Wednesday, January 26th 2022, which allows the company to repurchase $3,000,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to buy up to 8.8% of its shares through open market purchases. Shares repurchase programs are often an indication that the company's board of directors 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 investors include Edmp Inc. (2.14%), Sumitomo Mitsui Trust Holdings Inc. (0.31%), Bank of Montreal Can (0.26%), Argent Capital Management LLC (0.23%), Welch & Forbes LLC (0.19%) and Assenagon Asset Management S.A. (0.16%). 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, Randy Kupper, 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 $354.10.

How much money does Ameriprise Financial make?

Ameriprise Financial (NYSE:AMP) has a market capitalization of $37.68 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 $22.45 on an earnings per share basis.

How many employees does Ameriprise Financial have?

The company employs 12,000 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 2/4/2023 by MarketBeat.com Staff