William Blair Issues Negative Estimate for AMP Earnings

Ameriprise Financial, Inc. (NYSE:AMP - Free Report) - Equities research analysts at William Blair reduced their Q2 2025 earnings per share estimates for shares of Ameriprise Financial in a report issued on Friday, April 25th. William Blair analyst J. Schmitt now expects that the financial services provider will post earnings of $8.97 per share for the quarter, down from their prior estimate of $9.10. The consensus estimate for Ameriprise Financial's current full-year earnings is $38.64 per share. William Blair also issued estimates for Ameriprise Financial's Q3 2025 earnings at $9.31 EPS, Q4 2025 earnings at $9.73 EPS, FY2025 earnings at $37.50 EPS and FY2026 earnings at $40.75 EPS.

Several other equities research analysts also recently weighed in on AMP. Piper Sandler increased their price target on Ameriprise Financial from $415.00 to $442.00 and gave the stock an "underweight" rating in a report on Friday, January 31st. Keefe, Bruyette & Woods reduced their target price on Ameriprise Financial from $570.00 to $520.00 and set a "market perform" rating on the stock in a research note on Wednesday, April 9th. Royal Bank of Canada reissued an "outperform" rating and set a $625.00 target price on shares of Ameriprise Financial in a research note on Monday, February 3rd. Raymond James upgraded shares of Ameriprise Financial from a "market perform" rating to a "strong-buy" rating and set a $518.00 price objective for the company in a report on Monday, April 7th. Finally, Morgan Stanley boosted their price objective on shares of Ameriprise Financial from $507.00 to $542.00 and gave the company an "equal weight" rating in a research report on Tuesday, March 4th. One investment analyst has rated the stock with a sell rating, four have given a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company has an average rating of "Hold" and a consensus target price of $517.44.

Ameriprise Financial Stock Performance

Ameriprise Financial stock opened at $466.28 on Monday. The company has a debt-to-equity ratio of 1.01, a current ratio of 0.59 and a quick ratio of 0.59. The firm has a market capitalization of $44.68 billion, a P/E ratio of 14.10, a price-to-earnings-growth ratio of 1.15 and a beta of 1.23. Ameriprise Financial has a 1-year low of $385.74 and a 1-year high of $582.05. The company's 50-day moving average is $486.86 and its 200 day moving average is $522.51.

Ameriprise Financial (NYSE:AMP - Get Free Report) last announced its earnings results on Thursday, April 24th. The financial services provider reported $9.50 earnings per share for the quarter, beating the consensus estimate of $9.17 by $0.33. Ameriprise Financial had a net margin of 19.70% and a return on equity of 69.35%. The business had revenue of $4.35 billion for the quarter, compared to the consensus estimate of $4.45 billion.

Ameriprise Financial Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, May 19th. Investors of record on Monday, May 5th will be issued a dividend of $1.60 per share. This represents a $6.40 annualized dividend and a yield of 1.37%. This is a positive change from Ameriprise Financial's previous quarterly dividend of $1.48. The ex-dividend date of this dividend is Monday, May 5th. Ameriprise Financial's dividend payout ratio (DPR) is presently 21.75%.

Ameriprise Financial announced that its board has approved a stock repurchase program on Thursday, April 24th that authorizes the company to buyback $4.50 billion in outstanding shares. This buyback authorization authorizes the financial services provider to purchase up to 9.9% of its shares through open market purchases. Shares buyback programs are usually an indication that the company's leadership believes its shares are undervalued.

Insider Buying and Selling

In other Ameriprise Financial news, insider Joseph Edward Sweeney sold 4,636 shares of the stock in a transaction dated Wednesday, February 19th. The shares were sold at an average price of $539.07, for a total transaction of $2,499,128.52. Following the completion of the sale, the insider now directly owns 7,237 shares of the company's stock, valued at approximately $3,901,249.59. This represents a 39.05 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CEO William F. Truscott sold 6,000 shares of the firm's stock in a transaction dated Thursday, February 6th. The shares were sold at an average price of $540.29, for a total transaction of $3,241,740.00. Following the completion of the sale, the chief executive officer now owns 14,023 shares in the company, valued at $7,576,486.67. This represents a 29.97 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 11,636 shares of company stock valued at $6,263,989 over the last 90 days. Corporate insiders own 0.73% of the company's stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in AMP. Alta Advisers Ltd acquired a new position in Ameriprise Financial during the 1st quarter valued at approximately $250,000. MorganRosel Wealth Management LLC raised its holdings in shares of Ameriprise Financial by 41.9% during the first quarter. MorganRosel Wealth Management LLC now owns 2,774 shares of the financial services provider's stock worth $1,343,000 after purchasing an additional 819 shares during the last quarter. Amalgamated Bank boosted its holdings in Ameriprise Financial by 2.1% in the first quarter. Amalgamated Bank now owns 20,356 shares of the financial services provider's stock valued at $9,855,000 after purchasing an additional 428 shares during the last quarter. Sovran Advisors LLC grew its position in Ameriprise Financial by 14.6% during the 1st quarter. Sovran Advisors LLC now owns 5,607 shares of the financial services provider's stock worth $2,605,000 after purchasing an additional 716 shares during the period. Finally, Highland Capital Management LLC raised its stake in shares of Ameriprise Financial by 2.2% during the 1st quarter. Highland Capital Management LLC now owns 2,469 shares of the financial services provider's stock valued at $1,195,000 after buying an additional 53 shares during the last quarter. 83.95% of the stock is currently owned by hedge funds and other institutional investors.

About Ameriprise Financial

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.

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