NYSE:AMP Ameriprise Financial (AMP) Stock Price, News & Analysis $463.73 +12.40 (+2.75%) (As of 09/19/2024 ET) Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends About Ameriprise Financial Stock (NYSE:AMP) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Key Stats Today's Range$452.09▼$464.3850-Day Range$391.35▼$463.7352-Week Range$306.63▼$464.47Volume423,813 shsAverage Volume474,314 shsMarket Capitalization$46.06 billionP/E Ratio15.78Dividend Yield1.28%Price Target$464.33Consensus RatingHold Company OverviewAmeriprise 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.Read More… Why You Should NOT Trade This Market (Ad)You'll be interested in our 5-Day Options Trading Challenge, starting September 23. So, what makes this different from every other options research you may have seen? Well, for starters... most of them want you to first BUY their service... which is usually thousands of dollars...Just click here to get the full details on the 5-Day Options Trading Challenge, before this offer go Ameriprise Financial Stock Analysis - MarketRank™See Top Rated MarketRank™ StocksOverall MarketRank™: 98th PercentileAmeriprise Financial scored higher than 98% of companies evaluated by MarketBeat, and ranked 33rd out of 908 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion2.2 / 5Analyst RatingHold Consensus RatingAmeriprise Financial has received a consensus rating of Hold. The company's average rating score is 2.40, and is based on 5 buy ratings, 4 hold ratings, and 1 sell rating.Amount of Analyst CoverageAmeriprise Financial has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Ameriprise Financial's stock forecast and price target. Earnings and Valuation3.8 / 5Proj. Earnings Growth10.05% Earnings GrowthEarnings for Ameriprise Financial are expected to grow by 10.05% in the coming year, from $34.81 to $38.31 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Ameriprise Financial is 15.78, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 132.60.Price to Earnings Ratio vs. SectorThe P/E ratio of Ameriprise Financial is 15.78, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 48.41.Price to Earnings Growth RatioAmeriprise Financial has a PEG Ratio of 0.75. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioAmeriprise Financial has a P/B Ratio of 9.92. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about Ameriprise Financial's valuation and earnings. Short Interest3.0 / 5Short Interest LevelHealthy Percentage of Shares Shorted1.49% of the float of Ameriprise Financial has been sold short.Short Interest Ratio / Days to CoverAmeriprise Financial has a short interest ratio ("days to cover") of 3.1, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Ameriprise Financial has recently increased by 4.29%, indicating that investor sentiment is decreasing. Dividend4.2 / 5Dividend StrengthStrong Dividend YieldAmeriprise Financial pays a meaningful dividend of 1.36%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthAmeriprise Financial has been increasing its dividend for 20 years.Dividend CoverageThe dividend payout ratio of Ameriprise Financial is 20.15%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Ameriprise Financial will have a dividend payout ratio of 15.45% next year. This indicates that Ameriprise Financial will be able to sustain or increase its dividend.Read more about Ameriprise Financial's dividend. Sustainability and ESG2.4 / 5Environmental Score-0.38 Percentage of Shares Shorted1.49% of the float of Ameriprise Financial has been sold short.Short Interest Ratio / Days to CoverAmeriprise Financial has a short interest ratio ("days to cover") of 3.1, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Ameriprise Financial has recently increased by 4.29%, indicating that investor sentiment is decreasing. News and Social Media2.8 / 5News Sentiment1.10 News SentimentAmeriprise Financial has a news sentiment score of 1.10. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.56 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 12 news articles for Ameriprise Financial this week, compared to 9 articles on an average week.Search InterestOnly 6 people have searched for AMP on MarketBeat in the last 30 days. This is a decrease of -14% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added Ameriprise Financial to their MarketBeat watchlist in the last 30 days. This is a decrease of -92% compared to the previous 30 days. Company Ownership2.5 / 5Insider TradingSelling Shares Insider Buying vs. Insider SellingIn the past three months, Ameriprise Financial insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $3,846,009.00 in company stock.Percentage Held by InsidersOnly 0.73% of the stock of Ameriprise Financial is held by insiders.Percentage Held by Institutions83.95% of the stock of Ameriprise Financial is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Ameriprise Financial's insider trading history. AMP Stock News HeadlinesWilliam Davies Sells 8,700 Shares of Ameriprise Financial, Inc. (NYSE:AMP) StockSeptember 5, 2024 | insidertrades.comAmeriprise Financial (NYSE:AMP) Reaches New 52-Week High at $450.93September 19 at 7:38 PM | americanbankingnews.comOur #1 Ticker for the Rare "Retirement Window"We've only seen this happen three times in the past 20 years... And every time - like clockwork - it's minted an entire new class of millionaires.September 19, 2024 | Behind the Markets (Ad)American Century Mid Cap Value Fund Q2 2024 CommentarySeptember 19 at 3:28 PM | seekingalpha.comCritical Analysis: Ameriprise Financial (NYSE:AMP) and Highest Performances (NASDAQ:HPH)September 14, 2024 | americanbankingnews.comAmeriprise Financial Inc. stock underperforms Friday when compared to competitors despite daily gainsSeptember 13, 2024 | marketwatch.comAmeriprise Financial Center up for lease in downtown MinneapolisSeptember 11, 2024 | bizjournals.comAmeriprise Financial Matching Public Donations to Feeding America® Now Through Oct. 31September 10, 2024 | finance.yahoo.comSee More Headlines AMP Stock Analysis - Frequently Asked Questions How have AMP shares performed this year? Ameriprise Financial's stock was trading at $379.83 on January 1st, 2024. Since then, AMP stock has increased by 22.1% and is now trading at $463.73. View the best growth stocks for 2024 here. How were Ameriprise Financial's earnings last quarter? Ameriprise Financial, Inc. (NYSE:AMP) issued its earnings results on Wednesday, July, 24th. The financial services provider reported $8.72 EPS for the quarter, topping analysts' consensus estimates of $8.53 by $0.19. The business's revenue was up 9.6% on a year-over-year basis. Read the conference call transcript. How will Ameriprise Financial's stock buyback program work? Ameriprise Financial's Board of Directors authorized a stock buyback plan on Wednesday, July 26th 2023, which authorizes the company to repurchase $3,500,000,000 in outstanding shares, according to EventVestor. This means that the company could buy up to 9.5% of its shares through open market purchases. Shares buyback plans are typically an indication that the company's board of directors believes its stock is undervalued. Does Ameriprise Financial have any subsidiaries? Ameriprise Financial subsidiaries include JHS Capital, Columbia Management, H&R Block, J & W Seligman, Threadneedle Asset Management, Securities America, American Enterprise Investment Services Inc., and others. Who are Ameriprise Financial's major shareholders? Ameriprise Financial's top institutional investors include Dimensional Fund Advisors LP (1.14%), Bank of New York Mellon Corp (1.10%), LSV Asset Management (0.88%) and Legal & General Group Plc (0.83%). Insiders that own company stock include James M Cracchiolo, William Davies, William F Truscott, Robert Francis Sharpe Jr, Joseph Edward Sweeney, Gumer Alvero, Walter Stanley Berman, Gerard P Smyth, Heather J Melloh, Dawn M Brockman, John R Hutt and Karen Wilson Thissen. 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of Ameriprise Financial own? Based on aggregate information from My MarketBeat watchlists, some other companies that Ameriprise Financial investors own include Cisco Systems (CSCO), Johnson & Johnson (JNJ), AT&T (T), Intel (INTC), Bank of America (BAC), Home Depot (HD) and Verizon Communications (VZ). Company Calendar Last Earnings7/24/2024Ex-Dividend for 8/16 Dividend8/05/2024Dividend Payable8/16/2024Today9/19/2024Next Earnings (Estimated)10/23/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorFinance Industry Investment advice Sub-IndustryAsset Management & Custody Banks Current SymbolNYSE:AMP CUSIP03076C10 CIK820027 Webwww.ameriprise.com Phone(612) 671-3131Fax612-671-8880Employees13,800Year Founded1894Price Target and Rating Average Stock Price Target$464.33 High Stock Price Target$504.00 Low Stock Price Target$387.00 Potential Upside/Downside+0.1%Consensus RatingHold Rating Score (0-4)2.40 Research Coverage10 Analysts Profitability EPS (Most Recent Fiscal Year)$29.38 Trailing P/E Ratio15.78 Forward P/E Ratio13.32 P/E Growth0.75Net Income$2.56 billion Net Margins18.64% Pretax Margin23.58% Return on Equity73.83% Return on Assets1.94% Debt Debt-to-Equity Ratio1.16 Current Ratio0.59 Quick Ratio0.59 Sales & Book Value Annual Sales$16.28 billion Price / Sales2.83 Cash Flow$32.91 per share Price / Cash Flow14.09 Book Value$46.73 per share Price / Book9.92Miscellaneous Outstanding Shares99,325,000Free Float98,600,000Market Cap$46.06 billion OptionableOptionable Beta1.35 Social Links Should I Buy Ameriprise Financial Stock? AMP Pros and Cons Explained These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Monday, August 26, 2024. Please send any questions or comments about these Ameriprise Financial pros and cons to contact@marketbeat.com. Ameriprise Financial Bull Case Here are some ways that investors could benefit from investing in Ameriprise Financial, Inc.: Ameriprise Financial reported strong earnings per share (EPS) of $8.72 for the last quarter, beating analysts' estimates by $0.19. This indicates the company's profitability and potential for growth. The company has a solid return on equity of 73.83%, showcasing its ability to generate profit from shareholders' equity. Ameriprise Financial's revenue increased by 9.6% year-over-year, demonstrating a positive trend in its business performance. The company pays a quarterly dividend of $1.48 per share, with a dividend yield of 1.51%. This can be attractive to income-seeking investors. Despite recent fluctuations, Ameriprise Financial's stock price has shown resilience, with a 50-day moving average of $430.64, indicating stability in its market value. Ameriprise Financial Bear Case Investors should be bearish about investing in Ameriprise Financial, Inc. for these reasons: The stock price of Ameriprise Financial has experienced a recent decline, trading down to $391.35, which may indicate short-term volatility or market concerns. This page (NYSE:AMP) was last updated on 9/19/2024 by MarketBeat.com Staff From Our PartnersSell NVDA Now?Guess who's selling NVDA next The most successful hedge fund in history quietly sold 500,000 shares. 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