Ameriprise Financial, Inc. (AMP)
| Market Cap | 30.66B |
| Revenue (ttm) | 12.95B |
| Net Income (ttm) | 1.07B |
| Shares Out | 115.90M |
| EPS (ttm) | 8.66 |
| PE Ratio | 31.13 |
| Forward PE | 11.44 |
| Dividend | $4.25 (1.58%) |
| Ex-Dividend Date | Aug 6, 2021 |
| Volume | 1,194,201 |
| Open | 270.48 |
| Previous Close | 271.25 |
| Day's Range | 267.65 - 273.71 |
| 52-Week Range | 139.08 - 277.95 |
| Beta | 1.68 |
| Analysts | Buy |
| Price Target | 292.50 (+8.5%) |
| Est. Earnings Date | Oct 27, 2021 |
About AMP
Ameriprise Financial, Inc., through 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; mutual fund...
Financial Performance
In 2020, AMP's revenue was $11.90 billion, a decrease of -8.24% compared to the previous year's $12.97 billion. Earnings were $1.53 billion, a decrease of -18.96%.
Financial StatementsAnalyst Forecast
According to 13 analysts, the average rating for AMP stock is "Buy." The 12-month stock price forecast is 292.50, which is an increase of 8.51% from the latest price.
News
Columbia Threadneedle Investments' Catherine Stienstra Named Bond Manager of the Year by Bonhill Group
BOSTON--(BUSINESS WIRE)--Columbia Threadneedle Investments today announced that Catherine Stienstra, Head of Municipal Bond Investments and Senior Portfolio Manager, has been recognized as one of the to...
Ameriprise Financial Matching Public Donations to Feeding America Now Through Oct. 31
MINNEAPOLIS--(BUSINESS WIRE)--Ameriprise Financial (NYSE: AMP) today announced it is matching donations to Feeding America® in support of the 38 million Americans, including 12 million children, struggl...
Third Coast Advisors Launches Investment Program in Partnership with Ameriprise Financial
MINNEAPOLIS--(BUSINESS WIRE)--Texas-based Third Coast Bank SSB recently launched a new investment program, Third Coast Advisors, in partnership with Ameriprise Financial (NYSE: AMP). The bank chose the ...
Seven Ameriprise Financial Advisors Named to the Forbes “America's Top Wealth Advisors” List
MINNEAPOLIS--(BUSINESS WIRE)--Ameriprise Financial Inc. today announced that seven of its financial advisors were named to the Forbes list of “America's Top Wealth Advisors.” Each year, Forbes publishes...
Ameriprise (AMP) Up 7.5% Since Last Earnings Report: Can It Continue?
Ameriprise (AMP) reported earnings 30 days ago. What's next for the stock?
Strong Client Focus Draws Advisor with Nearly $200 Million to Ameriprise
MINNEAPOLIS--(BUSINESS WIRE)--Financial advisor Jason Williams recently joined the independent channel of Ameriprise Financial, Inc. (NYSE: AMP) from BB&T Securities, LLC in Winchester, Virginia with ne...
Two Advisors with Nearly $450 Million in Assets Join Ameriprise for More Resources to Grow Their Businesses
MINNEAPOLIS--(BUSINESS WIRE)--Ameriprise Financial, Inc. (NYSE: AMP) recently added two advisors to its branch channel with nearly $450 million in combined client assets. Marc Gendell joined from UBS Fi...
North Island Credit Union Partners with Ameriprise Financial to Expand and Enhance its Investment Solutions
MINNEAPOLIS--(BUSINESS WIRE)--Ameriprise Financial (NYSE: AMP) today announced that North Island Credit Union, a division of California Credit Union, has moved its investment program to the Ameriprise F...
California Credit Union Partners with Ameriprise Financial to Expand and Enhance its Investment Solutions
MINNEAPOLIS--(BUSINESS WIRE)--Ameriprise Financial (NYSE: AMP) today announced that California Credit Union has moved its investment program to the Ameriprise Financial Institutions Group (AFIG). Servin...
Ameriprise's Commitment to Supporting Women Attracts Advisor with Over $200 Million in Client Assets
MINNEAPOLIS--(BUSINESS WIRE)--Financial advisor Kim Latimer, CFP® recently joined the branch channel of Ameriprise Financial (NYSE: AMP) from Merrill Lynch in Houston, Texas with $211 million in client ...
Ameriprise (AMP) Q2 Earnings Beat, Revenues & Costs Rise Y/Y
Ameriprise (AMP) records a rise in revenues and expenses in the second quarter of 2021.
Ameriprise Financial Services (AMP) Tops Q2 Earnings and Revenue Estimates
Ameriprise (AMP) delivered earnings and revenue surprises of 0.76% and 0.30%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?
Recap: Ameriprise Financial Q2 Earnings
Shares of Ameriprise Financial (NYSE:AMP) moved lower after the company reported Q2 results. Quarterly Results Earnings per share rose 99.62% year over year to $5.27, which beat the estimate of $5.20.
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 $1.13 per common share payable on August 20, 2021 to shareholders...
Ameriprise Financial Reports Second Quarter 2021 Results
MINNEAPOLIS--(BUSINESS WIRE)--Ameriprise Financial, Inc. (NYSE: AMP): Earnings Per Diluted Share Return on Equity, ex AOCI (1) Q2 2021 Q2 2021 GAAP $4.88 GAAP 19.5% Adjusted Operating $5.27 Ad...
Is a Beat in the Offing for Ameriprise (AMP) in Q2 Earnings?
Improved advisor productivity is expected to have supported Ameriprise's (AMP) asset growth to some extent in the second quarter of 2021.
Is a Surprise Coming for Ameriprise (AMP) This Earnings Season?
Ameriprise (AMP) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
Ameriprise Financial Services (AMP) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
Ameriprise (AMP) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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Melda Mergen to Become Global Head of Equities
BOSTON--(BUSINESS WIRE)--Columbia Threadneedle Investments today announced that, as part of a planned transition, Melda Mergen, Deputy Global Head of Equities, will succeed William Davies as Global Head...
Ameriprise Financial Named a “Best Place to Work” on the Disability Equality Index® for the Second Consecutive Year
MINNEAPOLIS--(BUSINESS WIRE)--Ameriprise Financial (NYSE: AMP) today announced it has been named a “Best Place to Work for Disability Inclusion” by the American Association of People with Disabilities a...
Ameriprise Financial Announces Schedule for Second Quarter 2021 Investor Conference Call
MINNEAPOLIS--(BUSINESS WIRE)--Ameriprise Financial, Inc. (NYSE: AMP) plans to announce its second quarter financial results on Monday, July 26, 2021 after the close of the New York Stock Exchange. The c...
Advisor Joins Ameriprise for More Control to Build His Practice and Deliver Exceptional Client Service
MINNEAPOLIS--(BUSINESS WIRE)--Ryan Thompson, MBA, CFP®, a financial advisor managing $110 million in client assets, joined Ameriprise Financial from Morgan Stanley.
Is Ameriprise (AMP) Stock a Suitable Pick for Value Investors?
Let's see if Ameriprise Financial, Inc. (AMP) stock is a good choice for value-oriented investors right now, or if investors subscribing to this methodology should look elsewhere for top picks.
Columbia Threadneedle Announces Planned Global Chief Investment Officer Transition
BOSTON & LONDON--(BUSINESS WIRE)--Columbia Threadneedle Announces Planned Global Chief Investment Officer Transition