Ameriprise Financial, Inc. (AMP)

NYSE: AMP · IEX Real-Time Price · USD
433.87
+7.78 (1.83%)
Jul 2, 2024, 4:00 PM EDT - Market closed
1.83%
Market Cap 43.09B
Revenue (ttm) 15.94B
Net Income (ttm) 3.13B
Shares Out 99.32M
EPS (ttm) 29.38
PE Ratio 14.77
Forward PE 12.05
Dividend $5.92 (1.36%)
Ex-Dividend Date May 3, 2024
Volume 286,690
Open 426.06
Previous Close 426.09
Day's Range 426.06 - 434.62
52-Week Range 306.63 - 446.32
Beta 1.36
Analysts Buy
Price Target 447.10 (+3.05%)
Earnings Date Jul 24, 2024

About AMP

Ameriprise Financial, Inc., together with its subsidiaries, provides various financial products and services to individual and institutional clients in the United States and internationally. It operates through four segments: Advice & Wealth Management, Asset Management, Retirement & Protection Solutions, and Corporate & Other. The Advice & Wealth Management segment provides financial planning and advice; brokerage products and services for retail and institutional clients; discretionary and non-discretionary investment advisory accounts; mutua... [Read more]

Sector Financials
IPO Date Oct 3, 2005
Employees 13,800
Stock Exchange NYSE
Ticker Symbol AMP
Full Company Profile

Financial Performance

In 2023, AMP's revenue was $15.54 billion, an increase of 8.96% compared to the previous year's $14.26 billion. Earnings were $2.56 billion, a decrease of -18.83%.

Financial Statements

Analyst Forecast

According to 11 analysts, the average rating for AMP stock is "Buy." The 12-month stock price forecast is $447.1, which is an increase of 3.05% from the latest price.

Price Target
$447.1
(3.05% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Ameriprise Financial Celebrates 130-Year Anniversary and Its Unwavering Commitment to Clients

MINNEAPOLIS--(BUSINESS WIRE)--On Saturday, June 29, Ameriprise Financial, Inc. (NYSE: AMP) will celebrate its 130th anniversary. The firm, founded in Minneapolis in 1894, today operates in 18 countrie...

5 days ago - Business Wire

87 Ameriprise Financial Advisors Named to AdvisorHub's “Advisors to Watch” Rankings

MINNEAPOLIS--(BUSINESS WIRE)--Today, Ameriprise Financial (NYSE: AMP) announced that 87 of the firm's financial advisors were named to AdvisorHub's third annual “Advisors to Watch” lists. AdvisorHub, ...

5 days ago - Business Wire

Financial Advisor with Over $100 Million and Nearly 30-Years of Industry Experience Joins Ameriprise Financial to Fulfill Growth Aspirations

MINNEAPOLIS--(BUSINESS WIRE)--Financial advisor Michael Cruz recently joined the branch channel of Ameriprise Financial, Inc. (NYSE: AMP) from Wells Fargo Clearing Services, LLC with $100 million in a...

12 days ago - Business Wire

Advisor Team with $105 Million In Assets Returns to Ameriprise Financial After 5 Years at LPL

MINNEAPOLIS--(BUSINESS WIRE)--Private Wealth Advisor Kyle Rasmussen, CFP®, APMA™ and Financial Advisor Nick Blasberg recently joined the independent channel of Ameriprise Financial, Inc. (NYSE: AMP) f...

4 weeks ago - Business Wire

Julie Wallace Moves Her $100 Million Practice to Ameriprise Financial to Embrace Client-First Culture and Operational Excellence

MINNEAPOLIS--(BUSINESS WIRE)--Financial advisor Julie Wallace recently joined the independent channel of Ameriprise Financial, Inc. (NYSE: AMP) from Wells Fargo Clearing Services, LLC in Petaluma, Cal...

2 months ago - Business Wire

Ameriprise Financial Increases Regular Quarterly Dividend

MINNEAPOLIS--(BUSINESS WIRE)--The Board of Directors of Ameriprise Financial, Inc. (NYSE: AMP) increased the company's quarterly cash dividend by 10 percent, or $0.13 per common share, to $1.48 per co...

2 months ago - Business Wire

Ameriprise Financial Reports First Quarter 2024 Results, Raises Quarterly Dividend 10 Percent

MINNEAPOLIS--(BUSINESS WIRE)--Ameriprise Financial, Inc. (NYSE: AMP): Earnings Per Diluted Share   Return on Equity, ex AOCI (1)   Q1 2024     Q1 2024 GAAP $9.46   GAAP 48.1% Adjusted Operating $8.39 ...

2 months ago - Business Wire

Ameriprise Financial Recognized by Newsweek as One of “America's Greatest Workplaces for Women”

MINNEAPOLIS--(BUSINESS WIRE)--Ameriprise Financial (NYSE: AMP) has been named by Newsweek as one of “America's Greatest Workplaces for Women 2024.” The list ranks U.S. companies with the highest overa...

2 months ago - Business Wire

American Couples Have Shared Goals for Retirement, but Haven't Nailed Down the Details: New Research from Ameriprise Financial

MINNEAPOLIS--(BUSINESS WIRE)--American investors in committed relationships overwhelmingly trust their spouses or partners on money matters (95%) and share similar goals for retirement (93%), but some...

2 months ago - Business Wire

8 Stocks to Buy Ahead of Earnings

We searched for names whose 2024 earnings expectations have either been revised higher by analysts or kept unchanged since late February, when aggregate earnings estimates for the S&P 500 began to fal...

Other symbols: GMMATMTDRSHWSTLDSTXWHR
2 months ago - Barrons

Ameriprise Financial Motivates and Empowers Women at Its 7th Annual Women Advisor Summits

MINNEAPOLIS--(BUSINESS WIRE)--More than 750 advisors, staff members and corporate leaders from Ameriprise Financial (NYSE: AMP) recently gathered in Orlando, FL and Atlanta, GA for the firm's seventh ...

2 months ago - Business Wire

Kinecta Federal Credit Union Moves its Wealth Management Program to Ameriprise Financial

MINNEAPOLIS--(BUSINESS WIRE)--Ameriprise Financial (NYSE: AMP) today announced Kinecta Federal Credit Union, a member-owned financial institution, will transition the support of Kinecta Wealth Managem...

2 months ago - Business Wire

Sirion Celebrates a Year of Significant Growth With a New Brand Identity, Reinforcing Its Commitment to Revolutionizing Contract Management with AI

SALT LAKE CITY--(BUSINESS WIRE)--Sirion, the AI-native, unified contract lifecycle management (CLM) platform, today announced a comprehensive rebrand that reflects its sustained growth and renewed com...

Other symbols: LTC
3 months ago - Business Wire

Advisor With Over $100 Million in Assets Joins Ameriprise to Elevate the Experience He Delivers for Clients

MINNEAPOLIS--(BUSINESS WIRE)--Financial advisor Joe Chairez MBA, CFP®, recently joined the branch channel of Ameriprise Financial, Inc. (NYSE: AMP) from J.P. Morgan Securities with $105 million in ass...

3 months ago - Business Wire

Ameriprise Financial Announces Schedule for First Quarter 2024 Investor Conference Call

MINNEAPOLIS--(BUSINESS WIRE)--Ameriprise Financial, Inc. (NYSE: AMP) plans to announce its first quarter 2024 financial results on Monday, April 22, 2024 after the close of the New York Stock Exchange...

3 months ago - Business Wire

68 Ameriprise Financial Advisors Named to the Barron's “Top 1,200 Financial Advisors” List

MINNEAPOLIS--(BUSINESS WIRE)--Ameriprise Financial (NYSE: AMP) today announced that 68 of its financial advisors were named to the 2024 Barron's “Top 1,200 Financial Advisors” list. Barron's recognize...

3 months ago - Business Wire

Ameriprise Financial Earns Technology Innovation Award for its Exclusive eMeeting Capability

MINNEAPOLIS--(BUSINESS WIRE)--Ameriprise Financial (NYSE: AMP) today announced it received the Bank Insurance and Securities Association (BISA) Technology and Innovation Award for its exclusive eMeeti...

3 months ago - Business Wire

Advisor Team with $320 Million in Assets Joins Ameriprise Financial for Advisor-Client Experience and Practice Management Tools and Expertise

MINNEAPOLIS--(BUSINESS WIRE)--Financial advisors Jim Guthrie CFP®, CRPC™, MBA and Stephen Rouner recently joined the branch channel of Ameriprise Financial, Inc. (NYSE: AMP) from Merrill Lynch with $3...

4 months ago - Business Wire

Ameriprise Financial Recognized by Forbes as One of “America's Best Large Employers” for the Fourth Year in a Row

MINNEAPOLIS--(BUSINESS WIRE)--Ameriprise Financial (NYSE: AMP) has been named by Forbes as one of “America's Best Large Employers” for the fourth consecutive year. The 2024 list ranks the top 600 U.S....

4 months ago - Business Wire

Ameriprise Financial, Along with its Employees and Advisors, Donated More than $16.5 Million in 2023

MINNEAPOLIS--(BUSINESS WIRE)--Ameriprise Financial, Inc. (NYSE: AMP) and its employees and advisors donated more than $16.5 million through corporate grants, individual donations and gift matching in ...

5 months ago - Business Wire

Advisor Team with Over $525 Million in Assets Joins Ameriprise Financial for Independence and Client-Focus

MINNEAPOLIS--(BUSINESS WIRE)--Pacific Crest Planning, a wealth management practice managing over $525 million in client assets, recently joined the independent channel of Ameriprise Financial, Inc. (N...

5 months ago - Business Wire

Advisor With $130 Million in Assets Joins Ameriprise Financial for Client Service Focus and Flexibility

MINNEAPOLIS--(BUSINESS WIRE)--Financial advisor Lance Lively, AAMS™, MBA recently joined the independent channel of Ameriprise Financial, Inc. (NYSE: AMP) from Edward Jones in Sand Springs, Oklahoma w...

5 months ago - Business Wire

Ameriprise Financial Declares Regular Quarterly Dividend

MINNEAPOLIS--(BUSINESS WIRE)--The Board of Directors of Ameriprise Financial, Inc. (NYSE: AMP) has declared a quarterly cash dividend of $1.35 per common share payable on February 27, 2024 to sharehol...

5 months ago - Business Wire

Ameriprise Financial Reports Fourth Quarter 2023 Results

MINNEAPOLIS--(BUSINESS WIRE)--Ameriprise Financial, Inc. (NYSE: AMP): Earnings Per Diluted Share   Return on Equity, ex AOCI (1)   Q4 2023     Q4 2023 GAAP $3.57   GAAP 39.9% Adjusted Operating $7.20 ...

5 months ago - Business Wire

Ameriprise Attracts Advisor with More Than $100 Million in Assets to its Financial Institutions Channel for Client-Centric Culture

MINNEAPOLIS--(BUSINESS WIRE)--Ameriprise Financial, Inc. (NYSE: AMP) announced today that financial advisor Roberto Vargas has moved his practice from J.P. Morgan Securities, Inc. where he managed ove...

5 months ago - Business Wire