Affiliated Managers Group, Inc. (AMG)

NYSE: AMG · IEX Real-Time Price · USD
161.47
-0.16 (-0.10%)
Apr 23, 2024, 4:00 PM EDT - Market closed
-0.10%
Market Cap 5.24B
Revenue (ttm) 2.06B
Net Income (ttm) 672.90M
Shares Out 32.46M
EPS (ttm) 17.42
PE Ratio 9.28
Forward PE 7.27
Dividend $0.04 (0.02%)
Ex-Dividend Date Feb 14, 2024
Volume 233,544
Open 161.72
Previous Close 161.63
Day's Range 160.88 - 163.35
52-Week Range 120.22 - 169.65
Beta 1.32
Analysts Strong Buy
Price Target 172.00 (+6.52%)
Earnings Date May 7, 2024

About AMG

Affiliated Managers Group, Inc., through its affiliates, operates as an investment management company providing investment management services to mutual funds, institutional clients,retails and high net worth individuals in the United States. It provides advisory or sub-advisory services to mutual funds. These funds are distributed to retail, high net worth and institutional clients directly and through intermediaries, including independent investment advisors, retirement plan sponsors, broker-dealers, major fund marketplaces, and bank trust de... [Read more]

Sector Financials
IPO Date Nov 21, 1997
Employees 4,000
Stock Exchange NYSE
Ticker Symbol AMG
Full Company Profile

Financial Performance

In 2023, AMG's revenue was $2.06 billion, a decrease of -11.67% compared to the previous year's $2.33 billion. Earnings were $672.90 million, a decrease of -41.28%.

Financial Statements

Analyst Forecast

According to 4 analysts, the average rating for AMG stock is "Strong Buy." The 12-month stock price forecast is $172.0, which is an increase of 6.52% from the latest price.

Price Target
$172.0
(6.52% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

AMG Names Thomas M. Wojcik as Chief Operating Officer and Dava E.

WEST PALM BEACH, Fla., March 25, 2024 (GLOBE NEWSWIRE) -- AMG, a leading partner to independent investment management firms globally, today announced the appointments of Thomas M. Wojcik as Chief Oper...

4 weeks ago - GlobeNewsWire

AMG Reports Financial and Operating Results for the Fourth Quarter and Full Year 2023

Company reports EPS of $5.15 , Economic EPS of $6.86 in the fourth quarter of 2023

2 months ago - GlobeNewsWire

AMG to Announce Fourth-Quarter and Full-Year Results on February 5, 2024

Conference Call Scheduled for 8:30 a.m. Eastern Time WEST PALM BEACH, Fla.

3 months ago - GlobeNewsWire

Reuben Jeffery III Appointed as Chair of AMG Board of Directors; Dwight D. Churchill to Continue to Serve on AMG's Board

WEST PALM BEACH, Fla., Jan. 29, 2024 (GLOBE NEWSWIRE) -- AMG, a leading partner to independent investment firms globally, today announced the appointment of independent Board member Reuben Jeffery III...

3 months ago - GlobeNewsWire

AMG to Present at the Goldman Sachs Financial Services Conference

WEST PALM BEACH, Fla., Nov. 29, 2023 (GLOBE NEWSWIRE) -- AMG, a leading partner to independent investment management firms globally, announced today that Thomas M. Wojcik, Chief Financial Officer, is ...

5 months ago - GlobeNewsWire

AMG Reports Financial and Operating Results for the Third Quarter and Nine Months Ended September 30, 2023

Company reports EPS of $5.48, Economic EPS of $4.08 in the third quarter of 2023 Completed investment in Ara Partners, a private markets firm specializing in industrial decarbonization( i) Completed ...

6 months ago - GlobeNewsWire

AMG to Announce Third Quarter Results on November 6, 2023

Conference Call Scheduled for 8:30 a.m. Eastern Time WEST PALM BEACH, Fla.

6 months ago - GlobeNewsWire

AMG Announces Partnership with Ara Partners

WEST PALM BEACH, Fla., Oct. 23, 2023 (GLOBE NEWSWIRE) -- AMG, a leading partner to independent investment management firms globally, today announced that it acquired the minority equity interest in Ar...

6 months ago - GlobeNewsWire

AMG Appoints Loren M. Starr to its Board of Directors

WEST PALM BEACH, Fla., Sept. 25, 2023 (GLOBE NEWSWIRE) -- AMG, a leading partner to independent investment management firms globally, today announced the appointment of Loren M. Starr to its Board of ...

7 months ago - GlobeNewsWire

AMG Completes Investment in Forbion

WEST PALM BEACH, Fla., Aug. 17, 2023 (GLOBE NEWSWIRE) -- Affiliated Managers Group, Inc. (NYSE: AMG), a leading partner to independent investment management firms globally, today announced the complet...

8 months ago - GlobeNewsWire

AMG Reports Financial and Operating Results for the Second Quarter and First Half of 2023

Company reports EPS of $3.25 , Economic EPS of $4.45 in the second quarter of 2023

9 months ago - GlobeNewsWire

AMG to Announce Second Quarter Results on July 26, 2023

WEST PALM BEACH, Fla., July 19, 2023 (GLOBE NEWSWIRE) -- Affiliated Managers Group, Inc. (NYSE: AMG) will report financial and operating results for the second quarter ended June 30, 2023 on Wednesday...

9 months ago - GlobeNewsWire

Veritable to Combine with Pathstone

WEST PALM BEACH, Fla., July 17, 2023 (GLOBE NEWSWIRE) -- Affiliated Managers Group, Inc. (NYSE: AMG), a leading partner to independent investment management firms globally, today announced that it has...

10 months ago - GlobeNewsWire

Pathstone to Acquire Veritable LP

Pathstone welcomes Veritable, one of the first and largest multi-family offices in the U.S. Acquisition adds over $17 billion in assets across 200 clients (averaging $75 million in assets each) and br...

10 months ago - PRNewsWire

AMG Announces Partnership with Forbion

WEST PALM BEACH, Fla., June 27, 2023 (GLOBE NEWSWIRE) -- Affiliated Managers Group, Inc. (NYSE: AMG), a leading partner to independent investment management firms globally, has entered into a definiti...

10 months ago - GlobeNewsWire

AMG Reports Financial and Operating Results for the First Quarter of 2023

Company reports EPS of $3.47 , Economic EPS of $4.18 in first quarter

1 year ago - GlobeNewsWire

AMG to Announce First Quarter Results on May 1, 2023

Conference Call Scheduled for 8:30 a.m. Eastern Time WEST PALM BEACH, Fla.

1 year ago - GlobeNewsWire

AMG to Present at the Credit Suisse Financial Services Forum and the BofA Securities Financial Services Conference

WEST PALM BEACH, Fla., Feb. 07, 2023 (GLOBE NEWSWIRE) -- Affiliated Managers Group, Inc. (NYSE: AMG) announced today that Jay C. Horgen, President and Chief Executive Officer, is scheduled to speak at...

1 year ago - GlobeNewsWire

AMG Reports Financial and Operating Results for the Fourth Quarter and Full Year 2022

Company reports EPS of $17.40 , Economic EPS of $7.28 in fourth quarter  EPS of $25.35 , Economic EPS of $20.14 for the full year 2022

1 year ago - GlobeNewsWire

Francisco Garcia Parames Drives Away With Porsche, Exits Energy Transfer

Francisco Garcia Parames (Trades, Portfolio), founder and leader of Spanish investment firm Cobas Asset Management, disclosed his fourth-quarter equity portfolio earlier this month.

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1 year ago - GuruFocus

9 Best Stocks for Rising Interest Rates

The Federal Reserve has been aggressive in its rate hiking, and it's likely not done yet. Here are nine of the best stocks for rising interest rates.

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1 year ago - Kiplinger

Pantheon Welcomes Four New Partners, Announces Global Promotions to Enhance Long-Term Growth Capabilities

LONDON--(BUSINESS WIRE)--Pantheon, a leading provider of specialized global private markets investment solutions, is pleased to welcome four new members to the firm's partnership, including three co...

1 year ago - Business Wire

AMG to Present at the Goldman Sachs 2022 U.S. Financial Services Conference

WEST PALM BEACH, Fla., Nov. 29, 2022 (GLOBE NEWSWIRE) -- Affiliated Managers Group, Inc. (NYSE: AMG) announced today that Jay C. Horgen, President and Chief Executive Officer, and Thomas M. Wojcik, Ch...

1 year ago - GlobeNewsWire

AMG Reports Financial and Operating Results for the Third Quarter and Nine Months Ended September 30, 2022

Company reports EPS of $2.80 , Economic EPS of $4.21 in the third quarter of 2022

1 year ago - GlobeNewsWire

AMG to Announce Third Quarter Results on November 7, 2022

Conference Call Scheduled for 8:30 a.m. Eastern Time

1 year ago - GlobeNewsWire