Affiliated Managers Group is a asset management company located in Florida, United States, which is part of the Financial Services sector, and is traded under the ticker AMG on the NYSE exchange.
Affiliated Managers Group stock last closed at $132.12, down 0.14% from the previous day, and has decreased 14.82% in one year. It has underperformed other stocks in the Asset Management industry by 0.14 percentage points. Affiliated Managers Group stock is currently +9.9% from its 52-week low of $120.22, and -26.86% from its 52-week high of $180.63.
As of Nov 28, 2023, there are 33.81M shares of AMG outstanding. The market cap of AMG is $4.47B. In the past 24 hours, 189,324 AMG shares were traded.
How to Buy Affiliated Managers Group Stock
Wondering how to invest in Affiliated Managers Group stock? Here's how.
Decide where to buy Affiliated Managers Group stock: You need to choose a stock brokerage, but don't worry - we've tried dozens of online brokerages and apps to help you determine where to buy Affiliated Managers Group stock.
Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
Put funds into your investment account: Select your payment method and add your info.
Evaluate Affiliated Managers Group stock: The Affiliated Managers Group ticker symbol is AMG. Is Affiliated Managers Group stock a good investment? Should you buy shares of AMG? How do AMG's underlying business fundamentals look? Do top analysts think Affiliated Managers Group is a good buy? Why has AMG's stock price moved recently? (Hint: Our stock research website can help you understand if AMG is a good stock to buy).
Make your AMG trade: Decide if you will purchase AMG shares at the current market price or use a limit order to purchase AMG stock at a given price.
Track your AMG position: Create a watchlist to keep track of your investment in Affiliated Managers Group shares.
Step 1: Decide where to buy Affiliated Managers Group stock
You need an online brokerage account in order to access the NYSE market and buy AMG stock.
A brokerage account is an investment account that allows you to buy and sell a number of investments, such as stocks, bonds, mutual funds, and ETFs.
Our favorite brokerage: eToro
Based on our research, eToro is the best place to buy stocks. eToro gives you:
You can invest in stocks with 0% commissions: Invest without commissions.
Buy fractional shares: Even if you don't have the money to buy a full share, you can still buy the stock.
Access to world financial markets: From Technology to Financial Services, New York to London — you can fill your portfolio with stocks from the world's leading stock exchanges.
Social investing: eToro boasts a community of more than 20 million users globally. Talk to, learn from, and copy the crypto trades of top investors.
Security: eToro is a regulated and licensed brokerage platform.
Buy other assets: Such as ETFs and cryptocurrencies.
Get $10 towards your purchase of shares by opening an account with eToro now.
eToro securities trading is offered by eToro USA Securities, Inc. (“the BD”), member of FINRA and SIPC. Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. https://www.wallstreetzen.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB and/or the BD.
Step 2: Open your brokerage account
Now that you've picked the best brokerage, the next step is to fill out some personal info so you are able to buy AMG stock today.
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
Step 4: Evaluate Affiliated Managers Group stock
Once you have figured out the best place to buy Affiliated Managers Group stock, it's very important to research their stock before you invest, so you can wrap your head around the risk and upside.
Affiliated Managers Group stock at a glance
AMG Price
$132.12
1w %
0.02%
1y %
-14.82%
5y %
16.11%
P/E
3.92x
P/B
1.28x
P/S
2.2x
PEG
N/A
Revenue
$2.09B
Earnings
$1.25B
Fore. Rev. Growth
2.44%
Fore. Earn. Growth
-17.69%
Market Cap
$4.47B
Next Earnings
N/A
Next Dividend
Nov 30, 2023
Affiliated Managers Group Due Diligence Checks
WallStreetZen was designed to help average investors perform more accurate fundamental analysis.
You can see all of the due diligence checks on AMG's stock page.
What is the fair value of AMG stock?
You can use a variety of different financial metrics, analyses, models, and charts to gauge AMG's fair value.
Using relative valuations methods:
AMG may be undervalued based on its P/E ratio of 3.92x, relative to Asset Management industry P/E ratio of -106.89x
AMG may be undervalued based on its P/B ratio of 1.28x, relative to Asset Management industry P/B ratio of 2.08x
Last year, AMG earnings were $1.25B. During the last five year, AMG's earnings have increased by 21.07% per year. This was faster than the Asset Management industry average of 6.09%.
Last year, AMG revenue was $2.09B. During the past five year, AMG's revenue has gone up by -2.83% per year. This was slower than the Asset Management industry average of 13.78%.
Affiliated Managers Group pays a dividend of 0.03%, compared to the Asset Management industry's average dividend yield of 6.84%. If you owned $1,000 worth of AMG stock, you would have been paid $0.30 last year.
Affiliated Managers Group dividend payments have not consistently grown over the past 7 years and have not remained stable.
One of the major reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to learn what other community members have to say.
Step 5: Make your AMG trade
You have two main order types:
Market order: A market order is an order to buy or sell a security at the best possible price. Market orders are usually fine.
Limit order: A limit order allows you to buy or sell a stock at a specific price (or better). If you want to make sure you're buying or selling at a given price limit, use a limit order.
Hit the Open button and eToro will execute the order.
If you want additional help investing in stocks on eToro, click the helpful video below:
How much does it cost to buy one Affiliated Managers Group share?
As of Nov 28, 2023, it costs $132.12 to buy one share of Affiliated Managers Group stock.
Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.076 shares of AMG.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.
Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.