Ameriprise Financial is a asset management company located in Minnesota, United States, which is part of the Financial Services sector, and is traded under the ticker AMP on the NYSE exchange.
Ameriprise Financial stock last closed at $306.50, up 1.95% from the previous day, and has increased 2.04% in one year. It has overperformed other stocks in the Asset Management industry by 0.15 percentage points. Ameriprise Financial stock is currently +39.32% from its 52-week low of $219.99, and -14.26% from its 52-week high of $357.46.
As of Mar 31, 2023, there are 105.28M shares of AMP outstanding. The market cap of AMP is $32.27B. In the past 24 hours, 511,781 AMP shares were traded.
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Once you have chosen the best place to buy Ameriprise Financial stock, it's very important to analyze their stock before you buy, so you actually wrap your head around the risk as well as the upside.
WallStreetZen was created to help everyday investors do more in-depth fundamental analysis.
You can see all of the due diligence checks on AMP's stock page.
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge AMP's true value.
Using relative valuations ratios:
You can do more valuation analysis on AMP's stock here.
Out of 7 Equities analysts who give forecasts on AMP, the consensus analyst rating on AMP is a Hold
It's important to keep in mind that analyst forecasts are not recommendations, nor are they financial advice.
Andrew Kligerman, a top 8% analyst from Credit Suisse maintains AMP with a buy rating and raises their AMP price target from $382.00 to $401.00, on Feb 1, 2023.
Ryan Krueger, a top 42% analyst from Keefe, Bruyette & Woods maintains AMP with a hold rating and raises their AMP price target from $350.00 to $375.00, on Jan 31, 2023.
Nigel Dally, a bottom 24% analyst from Morgan Stanley maintains AMP with a hold rating and raises their AMP price target from $340.00 to $345.00, on Jan 10, 2023.
Brennan Hawken, a top 25% analyst from UBS maintains AMP with a strong buy rating and raises their AMP price target from $355.00 to $370.00, on Jan 9, 2023.
Alexander Blostein, a top 19% analyst from Goldman Sachs maintains AMP with a hold rating and raises their AMP price target from $290.00 to $330.00, on Nov 23, 2022.
You can dig deeper into what analysts are forecasting on the Ameriprise Financial stock forecast page.
Last year, AMP earnings were $2.56B. In the past 5 year, AMP's earnings have increased by 19.08% per year. This was faster than the Asset Management industry average of 3.32%.
Last year, AMP revenue was $14.27B. In the last 5 year, AMP's revenue has gone up by 3.3% per year. This was slower than the Asset Management industry average of 13.44%.
Dig into AMP's earnings and revenue performance here.
Over the past 12 months, insiders at AMP have sold more shares than they have bought.
Walter Stanley Berman, EXECUTIVE VP AND CFO of AMP, was the latest AMP insider to sell. They sold $3,520,680.00 worth of AMP shares on Feb 15, 2023.
Get more info about who owns AMP stock here.
Ameriprise Financial pays a dividend of 1.63%, compared to the Asset Management industry's average dividend yield of 6.86%. If you owned $1,000 of AMP stock, you would have received $16.31 in the past 12 months.
Ameriprise Financial dividend payments have consistently grown over the past decade and have remained stable.
Find more analysis about Ameriprise Financial dividend yield and history here.
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To summarize, here are the 6 steps to buy stock in Ameriprise Financial:
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