Q2 EPS Forecast for Ameriprise Financial Boosted by Analyst

Ameriprise Financial, Inc. (NYSE:AMP) – Zacks Research raised their Q2 2025 earnings per share estimates for shares of Ameriprise Financial in a research note issued to investors on Tuesday, November 19th. Zacks Research analyst R. Department now expects that the financial services provider will post earnings of $9.34 per share for the quarter, up from their previous forecast of $9.31. The consensus estimate for Ameriprise Financial’s current full-year earnings is $34.41 per share.

AMP has been the subject of several other reports. Morgan Stanley lifted their target price on Ameriprise Financial from $440.00 to $502.00 and gave the stock an “equal weight” rating in a research note on Thursday, October 17th. Royal Bank of Canada lifted their target price on Ameriprise Financial from $535.00 to $550.00 and gave the stock an “outperform” rating in a research note on Friday, October 25th. The Goldman Sachs Group downgraded Ameriprise Financial from a “buy” rating to a “neutral” rating and reduced their target price for the stock from $485.00 to $476.00 in a research note on Thursday, September 26th. UBS Group boosted their price target on Ameriprise Financial from $490.00 to $555.00 and gave the company a “buy” rating in a research note on Tuesday, October 8th. Finally, Keefe, Bruyette & Woods boosted their price target on Ameriprise Financial from $475.00 to $510.00 and gave the company a “market perform” rating in a research note on Tuesday, October 29th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $487.67.

Ameriprise Financial Stock Down 0.2 %

NYSE:AMP opened at $561.40 on Thursday. The company has a quick ratio of 0.65, a current ratio of 0.65 and a debt-to-equity ratio of 0.99. Ameriprise Financial has a twelve month low of $345.43 and a twelve month high of $569.47. The stock’s 50 day moving average price is $504.20 and its two-hundred day moving average price is $456.02. The firm has a market capitalization of $54.46 billion, a price-to-earnings ratio of 21.55, a price-to-earnings-growth ratio of 0.98 and a beta of 1.34.

Institutional Investors Weigh In On Ameriprise Financial

A number of institutional investors have recently made changes to their positions in the stock. Passumpsic Savings Bank bought a new stake in shares of Ameriprise Financial in the 3rd quarter valued at about $211,000. Unigestion Holding SA grew its position in shares of Ameriprise Financial by 80.0% in the 3rd quarter. Unigestion Holding SA now owns 4,436 shares of the financial services provider’s stock valued at $2,084,000 after buying an additional 1,971 shares during the last quarter. Coldstream Capital Management Inc. grew its position in shares of Ameriprise Financial by 6.6% in the 3rd quarter. Coldstream Capital Management Inc. now owns 4,009 shares of the financial services provider’s stock valued at $1,899,000 after buying an additional 249 shares during the last quarter. Geode Capital Management LLC boosted its position in shares of Ameriprise Financial by 1.2% during the 3rd quarter. Geode Capital Management LLC now owns 2,609,486 shares of the financial services provider’s stock valued at $1,222,943,000 after purchasing an additional 31,158 shares in the last quarter. Finally, Vestcor Inc boosted its position in shares of Ameriprise Financial by 67.8% during the 3rd quarter. Vestcor Inc now owns 5,667 shares of the financial services provider’s stock valued at $2,662,000 after purchasing an additional 2,289 shares in the last quarter. Institutional investors own 83.95% of the company’s stock.

Insider Activity

In other news, CFO Walter Stanley Berman sold 8,655 shares of the business’s stock in a transaction on Monday, November 11th. The stock was sold at an average price of $564.16, for a total transaction of $4,882,804.80. Following the completion of the transaction, the chief financial officer now owns 6,409 shares of the company’s stock, valued at approximately $3,615,701.44. The trade was a 57.45 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Joseph Edward Sweeney sold 10,735 shares of the company’s stock in a transaction dated Friday, November 8th. The stock was sold at an average price of $549.68, for a total value of $5,900,814.80. Following the completion of the transaction, the insider now directly owns 5,811 shares of the company’s stock, valued at approximately $3,194,190.48. The trade was a 64.88 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 30,415 shares of company stock worth $15,829,445. 0.96% of the stock is currently owned by company insiders.

Ameriprise Financial Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, November 15th. Stockholders of record on Monday, November 4th were given a dividend of $1.48 per share. The ex-dividend date of this dividend was Monday, November 4th. This represents a $5.92 dividend on an annualized basis and a dividend yield of 1.05%. Ameriprise Financial’s payout ratio is 22.73%.

About Ameriprise Financial

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.