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How to Buy Affiliated Managers Group Stock

Affiliated Managers Group Inc

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.
  1. 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.
  2. Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
  3. Put funds into your investment account: Select your payment method and add your info.
  4. 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).
  5. 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.
  6. 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.

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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.

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Step 3: Put funds into your investment account

Now that you've opened your account on the best stock market app for beginners, you need to deposit funds:

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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

You can do more valuation research on AMG's stock here.

AMG Financial Health Overview

Signs that AMG is financially healthy:

  • AMG profit margin has gone up from 22% to 59.9% in the past year.
  • AMG's operating cash flow of $876.70M allows it to safely service it's debt of $2.54B.
  • AMG earnings of $1.76B is not enough to cover its interest payments.

Signs that AMG is not financially healthy:

  • Total AMG debt is higher than 5 years ago, relative to shareholder equity.
  • AMG has a relatively high debt to equity ratio of 1.18.

Is it a good time to buy AMG stock, according to analysts?

Out of 3 sell side analysts who monitor AMG, the consensus analyst rating on Affiliated Managers Group is a Strong Buy

It's important to note that analyst forecasts are not recommendations, nor are they investment advice.

You can dig deeper into what analysts are forecasting on the Affiliated Managers Group stock forecast page.

AMG Trading Indicators

SMA10
133.74
SMA20
131.6
SMA50
129.49
SMA100
134.79
SMA200
140.17
MACD
1.42
MACD Signal
1.39
MACD Histogram
0.03
RSI
56.77
Stochastic %K
43.36
Stochastic %D
44.76
StochRSI %K
8.52
StochRSI %D
11.56

AMG Performance Metrics

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%.

Find out more about AMG's earnings and revenue performance here.

Who is buying/selling AMG?

Over the past 12 months, executives and large shareholders at AMG have sold more shares than they have bought.

Karen L. Alvingham, Director of AMG, was the latest AMG insider to sell. They sold $7,716.32 worth of AMG shares on Aug 15, 2023.

Get more info about who owns AMG stock here.

Can I get consistent income from AMG stock?

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.

Find more analysis about Affiliated Managers Group dividend yield and history here.

What do other traders have to say about AMG?

One of the major reasons eToro is our highest-rated brokerage is because of its social trading community.

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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.

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Step 6: Track your AMG position

Now that you own some shares in AMG, you'll want to keep up with your new shares.

Create a watchlist to monitor your AMG stock.

AMG Feed

How to Buy Stock in Affiliated Managers Group

To summarize, here are the 6 steps to buy stock in Affiliated Managers Group:

  1. Decide where to buy Affiliated Managers Group stock
  2. Open your brokerage account
  3. Put funds into your investment account
  4. Evaluate Affiliated Managers Group stock
  5. Make your AMG trade
  6. Track your AMG position

If you are looking for a place to buy stocks, eToro is our recommended venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to get notifications regarding your new investment in Affiliated Managers Group, click below.

NYSE: AMG
$132.12-0.19 (-0.14%)
Updated Nov 28, 2023
Open eToro Account
NYSE: AMG
$132.12-0.19 (-0.14%)
Updated Nov 28, 2023
Open eToro Account

FAQ

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.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Affiliated Managers Group stock?

According to 3 Wall Street analysts who monitor Affiliated Managers Group, their consensus recommendation is to buy Affiliated Managers Group stock.

What is the best way to buy Affiliated Managers Group stock?

One way to place an order for Affiliated Managers Group stock is with a brokerage account.
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.