Affiliated Managers Group, Inc. (AMG)

NYSE: AMG · Real-Time Price · USD
175.76
-0.10 (-0.06%)
Sep 18, 2024, 4:00 PM EDT - Market closed
-0.06%
Market Cap 5.24B
Revenue (ttm) 2.03B
Net Income (ttm) 638.90M
Shares Out 29.81M
EPS (ttm) 17.39
PE Ratio 10.10
Forward PE 7.58
Dividend $0.04 (0.02%)
Ex-Dividend Date Aug 8, 2024
Volume 236,270
Open 176.23
Previous Close 175.86
Day's Range 174.50 - 178.46
52-Week Range 120.22 - 189.81
Beta 1.20
Analysts Strong Buy
Price Target 210.50 (+19.77%)
Earnings Date Nov 4, 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, Affiliated Managers Group'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 $210.5, which is an increase of 19.77% from the latest price.

Price Target
$210.5
(19.77% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Affiliated Managers Group, Inc. (AMG) Q2 2024 Earnings Call Transcript

Affiliated Managers Group, Inc. (NYSE:AMG) Q2 2024 Earnings Conference Call July 29, 2024 8:30 AM ET Company Participants Patricia Figueroa - Head of IR Jay Horgen - President and CEO Thomas Wojcik -...

7 weeks ago - Seeking Alpha

AMG Reports Financial and Operating Results for the Second Quarter and First Half of 2024

Company reports EPS of $2.26, Economic EPS of $4.67 in the second quarter of 2024 Net income (controlling interest) of $226 million, Economic Net Income (controlling interest) of $343 million in the f...

7 weeks ago - GlobeNewsWire

AMG to Announce Second Quarter Results on July 29, 2024

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

2 months ago - GlobeNewsWire

AMG Announces Partnership with Suma Capital

WEST PALM BEACH, Fla., May 16, 2024 (GLOBE NEWSWIRE) -- AMG, a leading partner to independent investment management firms globally, today announced that it acquired a minority equity interest in Suma ...

4 months ago - GlobeNewsWire

Affiliated Managers Group, Inc. (AMG) Q1 2024 Earnings Call Transcript

Affiliated Managers Group, Inc. (NYSE:AMG) Q1 2024 Earnings Call Transcript May 6, 2024 8:30 AM ET Company Participants Patricia Figueroa - Head of IR Jay Horgen - President and CEO Thomas Wojcik - C...

4 months ago - Seeking Alpha

AMG Reports Financial and Operating Results for the First Quarter of 2024

Company reports EPS of $4.14, Economic EPS of $5.37 in first quarter Net Income (controlling interest) of $150 million, Economic Net Income (controlling interest) of $187 million Economic Earnings per...

4 months ago - GlobeNewsWire

AMG to Announce First-Quarter Results on May 6, 2024

WEST PALM BEACH, Fla., April 29, 2024 (GLOBE NEWSWIRE) -- AMG (NYSE: AMG) will report financial and operating results for the first quarter ended March 31, 2024 on Monday, May 6, 2024.

5 months ago - GlobeNewsWire

Third Avenue Real Estate Value UCITS Named Best Global Real Estate Fund by LSEG Lipper

NEW YORK--(BUSINESS WIRE)--Third Avenue Management LLC (“the Firm” or “Third Avenue”) announced today that the Third Avenue Real Estate Value UCITS Class A1 Shares¹ (“the Real Estate Value Fund”) was ...

5 months ago - Business Wire

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...

6 months ago - GlobeNewsWire

Affiliated Managers Group, Inc. (AMG) Q4 2023 Earnings Call Transcript

Affiliated Managers Group, Inc. (AMG) Q4 2023 Earnings Call Transcript

8 months ago - Seeking Alpha

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

8 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.

8 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...

8 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 ...

10 months ago - GlobeNewsWire

Affiliated Managers Group Inc (AMG) Q3 2023 Earnings Call Transcript

Affiliated Managers Group Inc (NYSE:AMG) Q3 2023 Earnings Conference Call November 3, 2023 8:30 AM ET Company Participants Patricia Figueroa - IR Jay Horgen - CEO Thomas Wojcik - CFO Conference Call ...

11 months ago - Seeking Alpha

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 ...

11 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.

11 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...

11 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 ...

1 year 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...

1 year ago - GlobeNewsWire

Affiliated Managers Group Inc. (AMG) Q2 2023 Earnings Call Transcript

Affiliated Managers Group Inc. (NYSE:AMG) Q2 2023 Earnings Conference Call July 26, 2023 8:30 AM ET Company Participants Patricia Figueroa - IR Jay Horgen - CEO Thomas Wojcik - CFO Conference Call Pa...

1 year ago - Seeking Alpha

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

1 year 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...

1 year 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...

1 year 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...

1 year ago - PRNewsWire