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Affiliated Managers Group, Inc. (AMG)

Stock Price: $69.94 USD -0.78 (-1.10%)
Updated Aug 6, 2020 4:00 PM EDT - Market closed

Stock Price Chart

Key Info

Market Cap 3.26B
Revenue (ttm) 2.08B
Net Income (ttm) 123.90M
Shares Out 46.55M
EPS (ttm) 2.55
PE Ratio 27.43
Forward PE 5.91
Dividend $0.04
Dividend Yield 0.06%

Stock Quote

Trading Day Aug 6, 2020
Last Price $69.94
Previous Close $70.72
Change ($) -0.78
Change (%) -1.10%
Day's Open -
Day's Range 69.76 - 70.93
Day's Volume 343,847
52-Week Range 44.37 - 89.98

More Stats

Market Cap 3.26B
Enterprise Value 4.62B
Earnings Date (est) Nov 2, 2020
Ex-Dividend Date Aug 5, 2020
Shares Outstanding 46.55M
Float 46.10M
EPS (basic) 2.47
EPS (diluted) 2.55
FCF / Share 20.92
Dividend $0.04
Dividend Yield 0.06%
Earnings Yield 3.65%
FCF Yield 30.33%
Payout Ratio 39.30%
Shares Short 2.01M
Short Ratio 4.70
Short % of Float 5.98%
Beta 1.51
PE Ratio 27.43
Forward PE 5.91
P/FCF Ratio 3.30
PS Ratio 1.56
PB Ratio 1.11
Revenue 2.08B
Operating Income 580.80M
Net Income 123.90M
Free Cash Flow 987.50M
Net Cash -1.36B
Net Cash / Share -29.24
Gross Margin 62.25%
Operating Margin 27.89%
Profit Margin 5.90%
FCF Margin 47.41%
ROA 4.77%
ROE 8.43%
ROIC 4.60%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (10)

Buy 3
Overweight 0
Hold 6
Underweight 1
Sell 0

Analyst Consensus: Overweight

Price Target

$76.38*
(9.21% upside)
Low
71.0
Current: $69.94
High
87.0
Target: 76.38
*Average 12-month price target from 8 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year2019201820172016201520142013201220112010
Revenue2,2402,3782,3052,1952,4852,5112,1891,8061,7051,358
Revenue Growth-5.84%3.18%5.03%-11.67%-1.05%14.72%21.23%5.91%25.52%-
Gross Profit2,2402,3782,3052,1952,4852,5112,1891,8061,7051,358
Operating Income697767788691835815634400486374
Net Income15.70244690473510434361174165139
Shares Outstanding50.5053.6056.0054.2054.3055.0053.1051.7051.8047.40
Earnings Per Share0.314.5212.038.579.177.706.553.283.112.81
EPS Growth-93.14%-62.43%40.37%-6.54%19.09%17.56%99.7%5.47%10.68%-
Dividend Per Share1.281.200.80-------
Dividend Growth6.67%50%--------
Operating Cash Flow9291,1411,1701,0501,2131,437957633709481
Capital Expenditures-9.60-18.70-18.50-20.20-38.20-19.20-24.00-20.00-16.10-8.80
Free Cash Flow9201,1221,1521,0301,1751,418933613692472
Cash & Equivalents540566440431564551470559550429
Total Debt1,7941,8301,8552,1101,8791,8951,3841,6311,1981,392
Net Cash / Debt-1,254-1,264-1,415-1,679-1,316-1,344-914-1,071-648-963
Assets7,6548,2198,7028,7497,7697,6986,3196,1875,2195,280
Liabilities3,2383,2513,3123,6493,3883,4092,5322,6682,2682,498
Book Value2,9383,4573,8223,6202,8372,6272,1342,0841,8661,800
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name Affiliated Managers Group, Inc.
Country United States
Employees 4,000
CEO Jay C. Horgen

Stock Information

Ticker Symbol AMG
Stock Exchange New York Stock Exchange
Sector Financial Services
Industry Asset Management
Unique Identifier NYSE: AMG
IPO Date November 21, 1997

Description

Affiliated Managers Group, Inc., through its affiliates, operates as an asset management company providing investment management services to mutual funds, institutional clients, and high net worth individuals in the United States. It provides advisory or subadvisory services to mutual funds. These funds are distributed to retail and institutional clients directly and through intermediaries, including independent investment advisors, retirement plan sponsors, broker-dealers, major fund marketplaces, and bank trust departments. The company also offers investment products in various investment styles in the institutional distribution channel, including small, small/mid, mid, and large capitalization value and growth equity, and emerging markets. In addition, it offers quantitative, alternative, and fixed income products, and manages assets for foundations and endowments, defined benefit, and defined contribution plans for corporations and municipalities. Affiliated Managers Group provides investment management or customized investment counseling and fiduciary services. The company was formed as a corporation under the laws of Delaware in 1993. Affiliated Managers Group is based in Prides Crossing, Massachusetts.