Affiliated Managers Group (AMG) Projected to Post Quarterly Earnings on Monday

Affiliated Managers Group (NYSE:AMG - Get Free Report) is expected to be issuing its Q1 2025 quarterly earnings data before the market opens on Monday, May 5th. Analysts expect the company to announce earnings of $5.13 per share and revenue of $508.00 million for the quarter.

Affiliated Managers Group (NYSE:AMG - Get Free Report) last posted its earnings results on Thursday, February 6th. The asset manager reported $6.53 earnings per share for the quarter, topping analysts' consensus estimates of $6.03 by $0.50. Affiliated Managers Group had a net margin of 25.06% and a return on equity of 16.17%. On average, analysts expect Affiliated Managers Group to post $23 EPS for the current fiscal year and $26 EPS for the next fiscal year.

Affiliated Managers Group Stock Performance

Affiliated Managers Group stock opened at $162.50 on Monday. Affiliated Managers Group has a 1-year low of $139.22 and a 1-year high of $199.52. The firm has a market cap of $4.68 billion, a P/E ratio of 10.76, a P/E/G ratio of 0.57 and a beta of 1.09. The firm has a 50-day moving average of $162.28 and a 200-day moving average of $177.30. The company has a current ratio of 2.13, a quick ratio of 2.13 and a debt-to-equity ratio of 0.61.

Affiliated Managers Group Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 4th. Investors of record on Tuesday, February 18th were paid a $0.01 dividend. This represents a $0.04 dividend on an annualized basis and a yield of 0.02%. The ex-dividend date of this dividend was Tuesday, February 18th. Affiliated Managers Group's payout ratio is currently 0.26%.

Analyst Ratings Changes

A number of equities analysts have weighed in on AMG shares. Barrington Research decreased their target price on shares of Affiliated Managers Group from $215.00 to $200.00 and set an "outperform" rating for the company in a research note on Tuesday, April 8th. Bank of America cut their price target on shares of Affiliated Managers Group from $211.00 to $195.00 and set a "neutral" rating on the stock in a report on Thursday, April 3rd. StockNews.com upgraded shares of Affiliated Managers Group from a "hold" rating to a "buy" rating in a report on Friday, February 7th. The Goldman Sachs Group cut shares of Affiliated Managers Group from a "buy" rating to a "neutral" rating and cut their price target for the company from $193.00 to $191.00 in a report on Monday, January 6th. Finally, TD Cowen cut their price target on shares of Affiliated Managers Group from $187.00 to $168.00 and set a "hold" rating on the stock in a report on Wednesday, April 9th. Three investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company's stock. According to MarketBeat, Affiliated Managers Group presently has an average rating of "Moderate Buy" and a consensus target price of $192.40.

About Affiliated Managers Group

Affiliated Managers Group, Inc, through its affiliates, operates as an investment management company providing investment management services to mutual funds, institutional clients,retails and high net worth individuals in the United States. It provides advisory or sub-advisory services to mutual funds.

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