Happy Thanksgiving! Save 50% on Your MarketBeat All Access Subscription.
  •  days
  •  Hours
  •  Minutes
  •  Seconds
×
S&P 500   3,963.94 (-1.54%)
DOW   33,849.46 (-1.45%)
QQQ   282.71 (-1.47%)
AAPL   144.22 (-2.63%)
MSFT   241.76 (-2.32%)
META   108.78 (-2.36%)
GOOGL   96.05 (-1.45%)
AMZN   93.95 (+0.58%)
TSLA   182.92 (+0.03%)
NVDA   158.27 (-2.72%)
NIO   10.12 (-0.49%)
BABA   75.88 (+0.50%)
AMD   73.19 (-2.60%)
T   18.82 (-1.57%)
MU   55.75 (-4.55%)
CGC   3.40 (-7.10%)
F   13.73 (-2.49%)
GE   85.47 (-3.03%)
DIS   95.69 (-3.22%)
AMC   7.33 (-2.40%)
PYPL   79.93 (-0.19%)
PFE   49.57 (+0.73%)
NFLX   281.23 (-1.51%)
S&P 500   3,963.94 (-1.54%)
DOW   33,849.46 (-1.45%)
QQQ   282.71 (-1.47%)
AAPL   144.22 (-2.63%)
MSFT   241.76 (-2.32%)
META   108.78 (-2.36%)
GOOGL   96.05 (-1.45%)
AMZN   93.95 (+0.58%)
TSLA   182.92 (+0.03%)
NVDA   158.27 (-2.72%)
NIO   10.12 (-0.49%)
BABA   75.88 (+0.50%)
AMD   73.19 (-2.60%)
T   18.82 (-1.57%)
MU   55.75 (-4.55%)
CGC   3.40 (-7.10%)
F   13.73 (-2.49%)
GE   85.47 (-3.03%)
DIS   95.69 (-3.22%)
AMC   7.33 (-2.40%)
PYPL   79.93 (-0.19%)
PFE   49.57 (+0.73%)
NFLX   281.23 (-1.51%)
S&P 500   3,963.94 (-1.54%)
DOW   33,849.46 (-1.45%)
QQQ   282.71 (-1.47%)
AAPL   144.22 (-2.63%)
MSFT   241.76 (-2.32%)
META   108.78 (-2.36%)
GOOGL   96.05 (-1.45%)
AMZN   93.95 (+0.58%)
TSLA   182.92 (+0.03%)
NVDA   158.27 (-2.72%)
NIO   10.12 (-0.49%)
BABA   75.88 (+0.50%)
AMD   73.19 (-2.60%)
T   18.82 (-1.57%)
MU   55.75 (-4.55%)
CGC   3.40 (-7.10%)
F   13.73 (-2.49%)
GE   85.47 (-3.03%)
DIS   95.69 (-3.22%)
AMC   7.33 (-2.40%)
PYPL   79.93 (-0.19%)
PFE   49.57 (+0.73%)
NFLX   281.23 (-1.51%)
S&P 500   3,963.94 (-1.54%)
DOW   33,849.46 (-1.45%)
QQQ   282.71 (-1.47%)
AAPL   144.22 (-2.63%)
MSFT   241.76 (-2.32%)
META   108.78 (-2.36%)
GOOGL   96.05 (-1.45%)
AMZN   93.95 (+0.58%)
TSLA   182.92 (+0.03%)
NVDA   158.27 (-2.72%)
NIO   10.12 (-0.49%)
BABA   75.88 (+0.50%)
AMD   73.19 (-2.60%)
T   18.82 (-1.57%)
MU   55.75 (-4.55%)
CGC   3.40 (-7.10%)
F   13.73 (-2.49%)
GE   85.47 (-3.03%)
DIS   95.69 (-3.22%)
AMC   7.33 (-2.40%)
PYPL   79.93 (-0.19%)
PFE   49.57 (+0.73%)
NFLX   281.23 (-1.51%)
NYSE:AMP

Ameriprise Financial - AMP Stock Forecast, Price & News

$325.75
-6.66 (-2.00%)
(As of 11/28/2022 04:31 PM ET)
Add
Compare
Today's Range
$324.96
$331.53
50-Day Range
$251.95
$332.60
52-Week Range
$219.99
$339.41
Volume
546,670 shs
Average Volume
629,121 shs
Market Capitalization
$34.67 billion
P/E Ratio
13.58
Dividend Yield
1.50%
Price Target
$330.78

Ameriprise Financial MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.56 Rating Score
Upside/​Downside
1.5% Upside
$330.78 Price Target
Short Interest
Healthy
0.99% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.42
Upright™ Environmental Score
News Sentiment
0.47mentions of Ameriprise Financial in the last 14 days
Based on 11 Articles This Week
Insider Trading
Selling Shares
$5.27 M Sold Last Quarter
Proj. Earnings Growth
18.44%
From $24.56 to $29.09 Per Share

Overall MarketRank

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

3.13 out of 5 stars

Finance Sector

60th out of 894 stocks

Investment Advice Industry

4th out of 50 stocks

AMP stock logo

About Ameriprise Financial (NYSE:AMP) Stock

Ameriprise 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 four segments: Advice & Wealth Management, Asset Management, Retirement & Protection Solutions, and Corporate & Other. The Advice & Wealth Management segment provides financial planning and advice; brokerage products and services for retail and institutional clients; discretionary and non-discretionary investment advisory accounts; mutual funds; insurance and annuities products; cash management and banking products; and face-amount certificates. 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 products also 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 and infrastructure funds. The Retirement & Protection Solutions segment provides variable annuity products to individual clients, as well as life and DI insurance products to retail clients. 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.

Receive AMP Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Ameriprise Financial and its competitors with MarketBeat's FREE daily newsletter.

AMP Stock News Headlines

Strong Q3 Driving Growth At S&P 500 Component Citizens Financial (AMP)
Citizens Financial Group is among regional banks showing sizable growth recently due to higher rates they can charge on financial products offered to customers.
Why Is SEI (SEIC) Up 18.6% Since Last Earnings Report?
StockNews.com Lowers Ameriprise Financial (NYSE:AMP) to Sell
4 Analysts Have This to Say About Ameriprise Financial
Ameriprise Financial Reports Third Quarter 2022 Results
Ameriprise Financial Inc. Q3 Profit Decreases, but beats estimates
Ameriprise Financial's Earnings Outlook
See More Headlines
Receive AMP Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Ameriprise Financial and its competitors with MarketBeat's FREE daily newsletter.

AMP Company Calendar

Last Earnings
10/26/2022
Ex-Dividend for 11/18 Dividend
11/04/2022
Dividend Payable
11/18/2022
Today
11/28/2022
Fiscal Year End
12/31/2022
Next Earnings (Estimated)
1/25/2023

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
$330.78
High Stock Price Forecast
$351.00
Low Stock Price Forecast
$250.00
Forecasted Upside/Downside
+1.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.56
Research Coverage
9 Analysts

Profitability

Net Income
$2.76 billion
Pretax Margin
23.76%

Debt

Sales & Book Value

Annual Sales
$13.43 billion
Cash Flow
$24.77 per share
Book Value
$50.81 per share

Miscellaneous

Free Float
105,353,000
Market Cap
$34.67 billion
Optionable
Optionable
Beta
1.47

Social Links


Key Executives

  • Mr. James M. CracchioloMr. James M. Cracchiolo (Age 63)
    Chairman & CEO
    Comp: $8.47M
  • Mr. Walter S. Berman (Age 79)
    Exec. VP, CFO & Chief Risk Officer
    Comp: $4.19M
  • Mr. William Frederick Truscott (Age 62)
    Chief Exec. Officer of Global Asset Management
    Comp: $3.91M
  • Mr. Joseph Edward SweeneyMr. Joseph Edward Sweeney (Age 61)
    Pres of Advice & Wealth Management - Products and Service Delivery
    Comp: $2.48M
  • Mr. William Davies (Age 58)
    Exec. VP & Global Chief Investment Officer
  • Mr. John R. HuttMr. John R. Hutt (Age 47)
    Exec. VP - Fin., Controller & Principal Accounting Officer
  • Ms. Dawn Brockman
    Interim Controller & Principal Accounting Officer
  • Mr. Gerard P. SmythMr. Gerard P. Smyth (Age 60)
    Exec. VP & Chief Information Officer
  • Ms. Alicia A. Charity
    Sr. VP of Investor Relations
  • Ms. Heather Melloh
    Exec. VP & Gen. 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 year. There are currently 1 sell rating, 2 hold ratings and 6 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?

9 Wall Street analysts have issued 12-month target prices for Ameriprise Financial's stock. Their AMP share price forecasts range from $250.00 to $351.00. On average, they anticipate the company's share price to reach $330.78 in the next year. This suggests a possible upside of 1.4% 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 2022?

Ameriprise Financial's stock was trading at $301.66 at the beginning of 2022. Since then, AMP shares have increased by 8.2% and is now trading at $326.32.
View the best growth stocks for 2022 here
.

Are investors shorting Ameriprise Financial?

Ameriprise Financial saw a increase in short interest in October. As of October 15th, there was short interest totaling 1,040,000 shares, an increase of 9.1% from the September 30th total of 952,900 shares. Based on an average daily volume of 554,600 shares, the days-to-cover ratio is currently 1.9 days. Approximately 1.0% of the shares of the stock 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 Wednesday, January 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 Wednesday, October, 26th. The financial services provider reported $6.43 EPS for the quarter, beating analysts' consensus estimates of $5.85 by $0.58. The financial services provider earned $3.49 billion during the quarter, compared to analyst estimates of $3.32 billion. Ameriprise Financial had a trailing twelve-month return on equity of 61.53% and a net margin of 19.17%. The business's revenue was up 20.3% on a year-over-year basis. During the same period last year, the company posted $5.91 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 Tuesday, October 25th. Investors of record on Monday, November 7th will be given a dividend of $1.25 per share on Friday, November 18th. This represents a $5.00 dividend on an annualized basis and a dividend yield of 1.53%. The ex-dividend date of this dividend is Friday, November 4th.
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 1.50%. The company has been increasing its dividend for 16 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 20.85%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, AMP will have a dividend payout ratio of 17.19% 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 share repurchase program on Wednesday, January 26th 2022, which allows the company to buyback $3,000,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to repurchase up to 8.8% of its shares through open market purchases. Shares buyback programs are typically an indication 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 many different retail and institutional investors. Top institutional investors include Vanguard Group Inc. (13.09%), BlackRock Inc. (8.11%), State Street Corp (4.65%), Boston Partners (2.12%), Bank of New York Mellon Corp (2.05%) and UBS Asset Management Americas Inc. (1.92%). Insiders that own company stock include Colin Moore, Gerard P Smyth, Gumer Alvero, 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 $326.32.

How much money does Ameriprise Financial make?

Ameriprise Financial (NYSE:AMP) has a market capitalization of $34.73 billion and generates $13.43 billion in revenue each year. The financial services provider earns $2.76 billion in net income (profit) each year or $23.98 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 11/28/2022 by MarketBeat.com Staff