AllianceBernstein (AB) Stock Price, News & Analysis

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for AllianceBernstein in the last twelve months. There are currently 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" AB shares.
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4 Wall Street analysts have issued twelve-month target prices for AllianceBernstein's stock. Their AB share price targets range from $36.75 to $51.00. On average, they anticipate the company's stock price to reach $41.19 in the next twelve months. This suggests a possible upside of 20.0% from the stock's current price.
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AllianceBernstein's stock was trading at $31.03 at the start of the year. Since then, AB shares have increased by 10.6% and is now trading at $34.31.
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AllianceBernstein saw a increase in short interest in the month of April. As of April 30th, there was short interest totaling 1,330,000 shares, an increase of 31.7% from the April 15th total of 1,010,000 shares. Based on an average daily trading volume, of 348,700 shares, the short-interest ratio is presently 3.8 days.
View AllianceBernstein's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, July 25th 2024.
View our AB earnings forecast.

AllianceBernstein Holding L.P. (NYSE:AB) announced its quarterly earnings results on Thursday, April, 25th. The asset manager reported $0.73 EPS for the quarter, topping analysts' consensus estimates of $0.71 by $0.02. The asset manager earned $884.18 million during the quarter, compared to analyst estimates of $900.60 million. AllianceBernstein had a trailing twelve-month return on equity of 15.27% and a net margin of 6.47%.

AllianceBernstein declared a quarterly dividend on Thursday, April 25th. Shareholders of record on Monday, May 6th will be given a dividend of $0.73 per share on Thursday, May 23rd. This represents a $2.92 annualized dividend and a yield of 8.51%. The ex-dividend date of this dividend is Friday, May 3rd.
Read our dividend analysis for AB.

AllianceBernstein (NYSE:AB) pays an annual dividend of $2.92 per share and currently has a dividend yield of 8.63%. AB has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 121.16%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, AB will have a dividend payout ratio of 86.14% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for AB.

InfraCap Equity Income Fund ETF holds 37,302 shares of AB stock, representing 2.34% of its portfolio.

Based on aggregate information from My MarketBeat watchlists, some companies that other AllianceBernstein investors own include AT&T (T), Bank of America (BAC), Apollo Global Management (APO), Intelsat (I), Enterprise Products Partners (EPD), Energy Transfer (ET), Micron Technology (MU), Fossil Group (FOSL), AbbVie (ABBV) and Altria Group (MO).

AllianceBernstein's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Jennison Associates LLC (0.60%), Natixis (0.34%), Osaic Holdings Inc. (0.19%), Wealth Enhancement Advisory Services LLC (0.15%), Epoch Investment Partners Inc. (0.14%) and Sei Investments Co. (0.13%). Insiders that own company stock include Charles GT Stonehill, Karl Sprules, Kate C Burke and Mark R Manley.
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Shares of AB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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