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Ameriprise Financial Inc (AMP)

NYSE
Currency in USD
566.07
+4.65(+0.83%)
Real-time Data
AMP Scorecard
Full Analysis
Has raised its dividend for 20 consecutive years
Fair Value
Day's Range
561.03569.04
52 wk Range
350.37577.00
Key Statistics
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Prev. Close
561.42
Open
562.91
Day's Range
561.03-569.04
52 wk Range
350.37-577
Volume
182.54K
Average Volume (3m)
443.52K
1-Year Change
59.24%
Book Value / Share
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Fair Value
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Fair Value Upside
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Company’s Health
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Fair Value
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Upsidepro lock
Price Target
543.90
Downside
-3.92%
Members' Sentiments
Bearish
Bullish
ProTips
3 analysts have revised their earnings upwards for the upcoming period
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Ameriprise Financial Inc Company Profile

Ameriprise Financial, Inc., together with 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, advice, and products to retail, high net worth, and institutional clients through third-party financial institutions, advisor networks, direct retail, and its institutional sales force under the Columbia Threadneedle Investments brand name. This segment 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 and infrastructure funds. The Retirement & Protection Solutions segment provides variable annuity products, as well as life and disability income 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.

Ameriprise Financial Inc SWOT Analysis


A&WM Resilience
Explore Ameriprise's Asset & Wealth Management strength, showcasing better-than-expected Q2 results and potential for long-term stability in cash balances
Financial Prudence
Discover how Ameriprise's strict expense discipline and capital return strategy are bolstering profitability and shareholder value
Market Headwinds
Delve into the challenges Ameriprise faces with lower forward rates and tighter credit spreads, impacting revenue projections and product pricing
Analyst Perspectives
Average price target of $493.50, with ratings ranging from Neutral to Outperform, reflecting varied views on Ameriprise's growth potential
Read full SWOT analysis
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Ameriprise Financial Inc Earnings Call Summary for Q4/2024

  • Assets under management rose 22% to $1.5T; adjusted operating net revenue up 11% to $4.4B; EPS grew 17% excluding severance
  • Wealth Management client assets exceeded $1T; Retirement & Protection Solutions and Asset Management segments reported growth
  • Plans to introduce new savings/lending products, enhance adviser productivity with analytics/AI; expects stable/increasing bank net interest income
  • Aims to return 80% of capital to shareholders in 2024/2025; operating margins in asset management projected at 35-39%
  • Asset Management saw $2.4B net outflows, improved 40% YoY; company confident in long-term care portfolio profitability
Last Updated: 10/24/2024, 11:44 PM
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Compare AMP to Peers and Sector

Metrics to compare
AMP
Peers
Sector
Relationship
P/E Ratio
20.3x28.6x8.7x
PEG Ratio
34.900.130.03
Price/Book
9.6x7.0x1.0x
Price / LTM Sales
3.1x5.6x2.8x
Upside (Analyst Target)
−2.1%2.1%10.4%
Fair Value Upside
Unlock6.9%2.7%Unlock

Analysts' Recommendations

6 Buy
7 Hold
1 Sell
Ratings:
10 analysts
Overall Consensus
Buy

Analysts 12-Month Price Target:

Average 543.90

(-3.92% Downside)

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 26.51
Dividend Yield
1.05%
Industry Median 2.76%
Annualized payout
5.9200
Paid quarterly
5-Years Growth
+8.64%
Growth Streak

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FAQ

What Is the Ameriprise Financial (AMP) Stock Price Today?

The Ameriprise Financial stock price today is 566.07

What Stock Exchange Does Ameriprise Financial Trade On?

Ameriprise Financial is listed and trades on the NYSE stock exchange.

What Is the Stock Symbol for Ameriprise Financial?

The stock symbol for Ameriprise Financial is "AMP."

Does Ameriprise Financial Pay Dividends? What’s The Current Dividend Yield?

The Ameriprise Financial dividend yield is 1.05%.

What Is the Ameriprise Financial Market Cap?

As of today, Ameriprise Financial market cap is 54.94B.

What is Ameriprise Financial Earnings Per Share?

The Ameriprise Financial EPS is 26.51.

What Is the Next Ameriprise Financial Earnings Date?

Ameriprise Financial will release its next earnings report on Jan 21, 2025.

From a Technical Analysis Perspective, Is AMP a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Buy.
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