Ameriprise Financial, Inc. (NYSE:AMP – Free Report) – Investment analysts at Zacks Research upped their Q1 2025 earnings per share (EPS) estimates for shares of Ameriprise Financial in a note issued to investors on Wednesday, February 19th. Zacks Research analyst R. Department now expects that the financial services provider will earn $9.10 per share for the quarter, up from their prior estimate of $8.89. The consensus estimate for Ameriprise Financial’s current full-year earnings is $38.55 per share. Zacks Research also issued estimates for Ameriprise Financial’s Q2 2025 earnings at $9.50 EPS, FY2025 earnings at $38.30 EPS, Q1 2026 earnings at $9.99 EPS, Q3 2026 earnings at $10.47 EPS, FY2026 earnings at $41.27 EPS and FY2027 earnings at $49.16 EPS.
Other equities research analysts have also recently issued reports about the stock. Royal Bank of Canada restated an “outperform” rating and set a $625.00 price target on shares of Ameriprise Financial in a report on Monday, February 3rd. Piper Sandler boosted their price objective on Ameriprise Financial from $415.00 to $442.00 and gave the stock an “underweight” rating in a research report on Friday, January 31st. UBS Group lowered Ameriprise Financial from a “buy” rating to a “neutral” rating and lowered their target price for the company from $580.00 to $570.00 in a report on Monday, January 6th. Finally, Keefe, Bruyette & Woods upped their price target on Ameriprise Financial from $560.00 to $570.00 and gave the stock a “market perform” rating in a report on Monday, February 3rd. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and three have assigned a buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $510.44.
Ameriprise Financial Price Performance
NYSE AMP opened at $540.95 on Friday. The company has a market cap of $52.48 billion, a P/E ratio of 16.36, a P/E/G ratio of 1.19 and a beta of 1.36. Ameriprise Financial has a 1 year low of $385.74 and a 1 year high of $582.05. The company has a current ratio of 0.59, a quick ratio of 0.65 and a debt-to-equity ratio of 1.01. The company has a fifty day simple moving average of $540.89 and a 200 day simple moving average of $508.68.
Ameriprise Financial (NYSE:AMP – Get Free Report) last announced its earnings results on Wednesday, January 29th. The financial services provider reported $9.36 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $9.16 by $0.20. Ameriprise Financial had a return on equity of 69.35% and a net margin of 19.70%.
Hedge Funds Weigh In On Ameriprise Financial
A number of institutional investors and hedge funds have recently added to or reduced their stakes in AMP. TCTC Holdings LLC bought a new position in shares of Ameriprise Financial in the fourth quarter valued at approximately $26,000. University of Texas Texas AM Investment Management Co. acquired a new stake in Ameriprise Financial during the 4th quarter valued at $26,000. Whipplewood Advisors LLC bought a new position in Ameriprise Financial in the 4th quarter valued at $28,000. Rialto Wealth Management LLC bought a new position in Ameriprise Financial in the 4th quarter valued at $28,000. Finally, Wingate Wealth Advisors Inc. acquired a new position in Ameriprise Financial in the fourth quarter worth $30,000. 83.95% of the stock is currently owned by institutional investors and hedge funds.
Insider Activity at Ameriprise Financial
In related news, CEO William F. Truscott sold 6,000 shares of the business’s stock in a transaction on Thursday, February 6th. The stock was sold at an average price of $540.29, for a total value of $3,241,740.00. Following the sale, the chief executive officer now owns 14,023 shares of the company’s stock, valued at $7,576,486.67. The trade was a 29.97 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Robert Francis Sharpe, Jr. sold 1,000 shares of the company’s stock in a transaction dated Wednesday, February 12th. The stock was sold at an average price of $523.12, for a total transaction of $523,120.00. Following the completion of the sale, the director now directly owns 10,000 shares in the company, valued at approximately $5,231,200. The trade was a 9.09 % decrease in their position. The disclosure for this sale can be found here. 0.73% of the stock is currently owned by corporate insiders.
Ameriprise Financial Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Friday, February 28th. Stockholders of record on Monday, February 10th will be given a dividend of $1.48 per share. This represents a $5.92 dividend on an annualized basis and a dividend yield of 1.09%. The ex-dividend date is Monday, February 10th. Ameriprise Financial’s dividend payout ratio is presently 17.91%.
Ameriprise Financial Company Profile
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.
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