Ameriprise Financial Inc

Ameriprise Financial Inc Stock Forecast & Price Prediction

Live Ameriprise Financial Inc Stock (AMP) Price
$479.54

11

Ratings

  • Buy 6
  • Hold 5
  • 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

$479.54

P/E Ratio

16.32

Volume Traded Today

$441,500

Dividend

$1.48

52 Week High/low

489.35/306.63

Ameriprise Financial Inc Market Cap

$46.88B

๐Ÿ›‘ Alert: These ten stocks could have higher potential than $AMP ๐Ÿ›‘

Before you buy AMP you'll want to see this list of ten stocks that have huge potential. Want to see if AMP made the cut? Enter your email below

AMP Summary

The Ameriprise Financial Inc (AMP) share price is expected to decrease by 0.72% over the next year. This is based on calculating the average 12-month share price estimate provided by 11 stock analysts who have covered AMP. Price targets range from $415 at the low end to $542 at the high end. The current analyst consensus for AMP is a buy. Please note analyst price targets are not guaranteed and could be missed completely.

AMP Analyst Ratings

AMP is a stock in Financial Services which has been forecasted to be worth $476.11 as an average. On the higher end, the forecast price is $542 USD by from and on the lower end AMP is forecasted to be $415 by from .

AMP stock forecast by analyst

These are the latest 20 analyst ratings of AMP.

Analyst/Firm

Rating

Price Target

Change

Date

Kenneth Lee
RBC Capital

Outperform

$500

Maintains

Jul 30, 2024
Ryan Krueger
Keefe, Bruyette & Woods

Market Perform

$460

Maintains

Jul 30, 2024
Michael Cyprys
Morgan Stanley

Equal-Weight

$440

Maintains

Jul 29, 2024
Brennan Hawken
UBS

Buy

$495

Maintains

Jul 9, 2024
Ryan Krueger
Keefe, Bruyette & Woods

Market Perform

$470

Maintains

Jul 8, 2024
John Barnidge
Piper Sandler

Underweight

$387

Maintains

Jun 28, 2024
Suneet Kamath
Jefferies

Buy

$504

Maintains

Jun 28, 2024
Kevin Heal
Argus Research

Buy

$460

Maintains

May 6, 2024
Kenneth Lee
RBC Capital

Outperform

$480

Maintains

Apr 24, 2024
Thomas Gallagher
Evercore ISI Group

In-Line

$445

Maintains

Apr 11, 2024
Ryan Krueger
Keefe, Bruyette & Woods

Market Perform

$460

Maintains

Apr 10, 2024
Michael Cyprys
Morgan Stanley

Equal-Weight

$437

Maintains

Apr 9, 2024
John Barnidge
Piper Sandler

Underweight

$392

Maintains

Apr 5, 2024
Alexander Blostein
Goldman Sachs

Buy

$488

Maintains

Mar 27, 2024
Wilma Burdis
Raymond James

Market Perform


Initiates

Mar 21, 2024
Ryan Krueger
Keefe, Bruyette & Woods

Market Perform

$420

Maintains

Jan 30, 2024
Michael Cyprys
Morgan Stanley

Equal-Weight

$400

Maintains

Jan 29, 2024
Kenneth Lee
RBC Capital

Outperform

$450

Maintains

Jan 26, 2024
Brennan Hawken
UBS

Buy

$445

Maintains

Jan 25, 2024
Kenneth Lee
RBC Capital

Outperform

$420

Maintains

Jan 22, 2024

AMP Company Information

What They Do: Provides diverse financial products and services.

Business Model: The company generates revenue through four main segments: Advice & Wealth Management, Asset Management, Retirement & Protection Solutions, and Corporate & Other. It offers financial planning, investment management, insurance products, and various advisory services to both individual and institutional clients, leveraging multiple distribution channels.

Other Information: Founded in 1894 and headquartered in Minneapolis, Minnesota, Ameriprise Financial, Inc. was formerly known as American Express Financial Corporation. The company has a long-standing presence in the financial services industry and has evolved its offerings to cater to a wide range of client needs.
AMP
Ameriprise Financial Inc (AMP)

When did it IPO

2005

Staff Count

13,800

Country

United States

Sector/Industry

Financial Services/Asset Management

CEO

Mr. James M. Cracchiolo

Market Cap

$46.88B

Ameriprise Financial Inc (AMP) Financial Data

In 2023, AMP generated $15.54B in revenue, which was a increase of 8.96% from the previous year. This can be seen as a signal that AMP's business is growing, and its share price could be worth more 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

$11.90B

Revenue From 2021

$13.38B

12.42 %
From Previous Year

Revenue From 2022

$14.26B

6.59 %
From Previous Year

Revenue From 2023

$15.54B

8.96 %
From Previous Year
  • Revenue TTM $16.96B
  • Operating Margin TTM 36.3%
  • Gross profit TTM $0
  • Return on assets TTM 2.2%
  • Return on equity TTM 67.6%
  • Profit Margin 18.1%
  • Book Value Per Share 50.72%
  • Market capitalisation $46.88B
  • Revenue for 2021 $13.38B
  • Revenue for 2022 $14.26B
  • Revenue for 2023 $15.54B
  • EPS this year (TTM) $29.25

Ameriprise Financial Inc (AMP) Latest News

News Image

Thu, 03 Oct 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - Ameriprise Financial Services (AMP) is being evaluated as a potential top stock pick for momentum investors. Further analysis is needed to determine its suitability.

Why It Matters - The inquiry into Ameriprise Financial's momentum potential signals potential shifts in stock performance, impacting investment strategies and portfolio decisions.

News Image

Wed, 02 Oct 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - Investors in Financial - Investment Management stocks are evaluating Ameriprise Financial Services (AMP) and Ares Management (ARES) for potential value opportunities.

Why It Matters - The comparison of Ameriprise Financial Services and Ares Management highlights potential investment opportunities, influencing stock selection and portfolio strategies for better returns.

News Image

Mon, 23 Sep 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - Ameriprise Financial (NYSE: AMP) reported that 21 of its financial advisors made Barron's โ€œTop 100 Independent Financial Advisorsโ€ list, highlighting their client asset management and revenue success.

Why It Matters - Recognition of Ameriprise's advisors by Barron's enhances the firm's reputation, potentially attracting new clients and boosting asset growth, which can positively impact stock performance.

News Image

Tue, 10 Sep 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - Ameriprise Financial (NYSE: AMP) is matching donations to Feeding Americaยฎ up to $250,000 until October 31, aiming to support over 47 million food-insecure individuals in the U.S.

Why It Matters - Ameriprise's charitable initiative reflects its commitment to social responsibility, potentially enhancing brand reputation and customer loyalty, which can positively impact financial performance.

News Image

Thu, 05 Sep 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - Ameriprise Financial announced the addition of advisor Nathan Brown and his $150 million practice from Edward Jones in Kalamazoo, citing improved technology and financial planning capabilities.

Why It Matters - The addition of a high-asset financial advisor to Ameriprise enhances its client base and services, potentially increasing revenue and market competitiveness.

News Image

Fri, 06 Sep 2024

Sentiment - NEGATIVE

Source - Investors Business Daily

Summary - Historically, September is the worst month for the S&P 500, suggesting potential volatility or downturns for investors during this period.

Why It Matters - September's historical underperformance may signal increased volatility, prompting investors to reassess risk exposure and strategy ahead of potential market shifts.

...

AMP Frequently asked questions

The highest forecasted price for AMP is $542 from at .

The lowest forecasted price for AMP is $415 from from

The AMP analyst ratings consensus are 6 buy ratings, 5 hold ratings, and 0 sell ratings.