Affiliated Managers Group Inc

Affiliated Managers Group Inc Stock Forecast & Price Prediction

Live Affiliated Managers Group Inc Stock (AMG) Price
$185.36

7

Ratings

  • Buy 4
  • Hold 3
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$185.36

P/E Ratio

11.98

Volume Traded Today

$154,370

Dividend

$0.01

52 Week High/low

199.52/140.60

Affiliated Managers Group Inc Market Cap

$5.57B

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AMG Summary

Based on ratings from 7 stock analysts, the Affiliated Managers Group Inc stock price is expected to increase by 5.59% in 12 months. This is calculated by using the average 12-month stock price forecast for Affiliated Managers Group Inc. The lowest target is $177 and the highest is $208. Please note analyst price targets are not guaranteed and could be missed completely.

AMG Analyst Ratings

AMG is a stock in Financial Services which has been forecasted to be worth $195.7143 as an average. On the higher end, the forecast price is $208 USD by Brian Bedell from Deutsche Bank and on the lower end AMG is forecasted to be $177 by Bill Katz from TD Cowen.

AMG stock forecast by analyst

These are the latest 20 analyst ratings of AMG.

Analyst/Firm

Rating

Price Target

Change

Date

Brian Bedell
Deutsche Bank

Buy

$208

Maintains

Nov 11, 2024
Bill Katz
TD Cowen

Hold

$177

Downgrade

Nov 5, 2024
Alexander Paris
Barrington Research

Outperform

$200

Maintains

Nov 5, 2024
Brian Bedell
Deutsche Bank

Buy

$204

Maintains

Nov 5, 2024
Alexander Paris
Barrington Research

Outperform

$210

Maintains

Oct 30, 2024
Brian Bedell
Deutsche Bank

Buy

$205

Maintains

Aug 15, 2024
Brian Bedell
Deutsche Bank

Buy

$202

Maintains

Jul 30, 2024
Craig Siegenthaler
B of A Securities

Neutral

$201

Maintains

Jul 30, 2024
Bill Kirk
TD Cowen

Buy

$226

Maintains

Jul 30, 2024
Alexander Paris
Barrington Research

Outperform

$210

Maintains

Jul 29, 2024
Alexander Paris
Barrington Research

Outperform

$190

Maintains

Jul 11, 2024
Bill Kirk
TD Cowen

Buy

$201

Maintains

Jul 8, 2024
Alexander Paris
Barrington Research

Outperform

$190

Maintains

May 7, 2024
Bill Kirk
TD Cowen

Buy

$198

Maintains

May 7, 2024
Alexander Paris
Barrington Research

Outperform

$190

Maintains

Apr 9, 2024
Alexander Paris
Barrington Research

Outperform

$175

Maintains

Jan 16, 2024
Bill Kirk
TD Cowen

Outperform

$185

Initiates

Jan 4, 2024
Brian Bedell
Deutsche Bank

Buy

$148

Maintains

Oct 11, 2023
Michael Brown
Keefe, Bruyette & Woods

Outperform

$165

Assumes

Jul 27, 2023
Alexander Paris
Barrington Research

Outperform

$195

Reiterates

Jun 28, 2023

AMG Company Information

What They Do: Provides investment management services globally.

Business Model: The company operates as an investment management firm, offering advisory and sub-advisory services to mutual funds and various clients including retail, institutional, and high net worth individuals. Revenue is generated through management fees on the assets under management across a range of investment products and styles, including equity and fixed income.

Other Information: Founded in 1993, the company is headquartered in West Palm Beach, Florida, with a strong international presence, including offices in major financial hubs such as London, Dubai, and Tokyo. It serves a diverse client base, managing assets for foundations, endowments, and various retirement plans.
AMG
Affiliated Managers Group Inc (AMG)

When did it IPO

1997

Staff Count

4,000

Country

United States

Sector/Industry

Financial Services/Asset Management

CEO

Mr. Jay C. Horgen

Market Cap

$5.57B

Affiliated Managers Group Inc (AMG) Financial Data

In 2023, AMG generated $2.06B in revenue, which was a decrease of -11.67% from the previous year. This can be seen as a signal that AMG's business is declining, and its share price could be worth less in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

$2.03B

Revenue From 2021

$2.41B

18.98 %
From Previous Year

Revenue From 2022

$2.33B

-3.43 %
From Previous Year

Revenue From 2023

$2.06B

-11.67 %
From Previous Year
  • Revenue TTM $2.02B
  • Operating Margin TTM 34.2%
  • Gross profit TTM $1.15B
  • Return on assets TTM 4.5%
  • Return on equity TTM 16.0%
  • Profit Margin 27.0%
  • Book Value Per Share 110.18%
  • Market capitalisation $5.57B
  • Revenue for 2021 $2.41B
  • Revenue for 2022 $2.33B
  • Revenue for 2023 $2.06B
  • EPS this year (TTM) $15.40

Affiliated Managers Group Inc (AMG) Latest News

News Image

Wed, 04 Dec 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - Affiliated Managers (AMG) reported earnings 30 days ago; investors should monitor upcoming developments and market reactions for insights into the stock's performance.

Why It Matters - Earnings reports can indicate a company's financial health and future performance, influencing stock price movements and investor sentiment. Upcoming developments may affect trading decisions.

News Image

Tue, 03 Dec 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - AMG CEO Jay C. Horgen and CFO Dava E. Ritchea will speak at the Goldman Sachs Financial Services Conference on December 10, 2024, at 12:20 p.m. ET.

Why It Matters - AMG's executives speaking at a major financial conference could indicate strategic insights or potential market movements, impacting investor sentiment and stock performance.

News Image

Mon, 04 Nov 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - AMG reported Q3 2024 EPS of $3.78 and Economic EPS of $4.82, up 18% YoY. Net income was $124M with $103M in share repurchases, totaling $580M year-to-date.

Why It Matters - Strong EPS and economic EPS growth signals robust profitability. Significant share repurchases indicate confidence in the company's future, potentially enhancing shareholder value.

News Image

Mon, 04 Nov 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - Affiliated Managers Group (AMG) reported quarterly earnings of $4.82 per share, matching estimates and up from $4.08 per share year-over-year.

Why It Matters - AMG's earnings match estimates and show year-over-year growth, indicating stable performance and potential for continued profitability, which can influence investor confidence and stock valuation.

News Image

Mon, 04 Nov 2024

Sentiment - NEUTRAL

Source - Zacks Investment Research

Summary - AMG's Q3 earnings benefited from a higher AUM balance, but faced challenges with declining revenues and rising expenses.

Why It Matters - Higher AUM boosts AMG's earnings, indicating strong asset management performance. However, declining revenues and rising expenses could signal profitability challenges ahead.

News Image

Tue, 05 Nov 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - Zacks Style Scores help investors identify top-rated stocks tailored to their investing style, presenting a tool for informed stock selection.

Why It Matters - Zacks Style Scores provide a streamlined method for identifying high-potential stocks, aiding in informed investment decisions and potentially enhancing portfolio performance.

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AMG Frequently asked questions

The highest forecasted price for AMG is $208 from Brian Bedell at Deutsche Bank.

The lowest forecasted price for AMG is $177 from Bill Katz from TD Cowen

The AMG analyst ratings consensus are 4 buy ratings, 3 hold ratings, and 0 sell ratings.