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S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
Stock market today: Asian markets sink, with Japan’s Nikkei down 3.5%, as Mideast tensions flare
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
These are the Top 4 Stocks for Buybacks in 2024
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
Stock market today: Asian markets sink, with Japan’s Nikkei down 3.5%, as Mideast tensions flare
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
These are the Top 4 Stocks for Buybacks in 2024
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
Stock market today: Asian markets sink, with Japan’s Nikkei down 3.5%, as Mideast tensions flare
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
These are the Top 4 Stocks for Buybacks in 2024
NYSE:AMG

Affiliated Managers Group (AMG) Stock Price, News & Analysis

$158.17
-0.74 (-0.47%)
(As of 04/18/2024 ET)
Today's Range
$158.06
$160.17
50-Day Range
$153.99
$169.63
52-Week Range
$120.22
$169.65
Volume
258,717 shs
Average Volume
229,080 shs
Market Capitalization
$5.13 billion
P/E Ratio
9.12
Dividend Yield
0.03%
Price Target
$171.20

Affiliated Managers Group MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
8.2% Upside
$171.20 Price Target
Short Interest
Healthy
1.34% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-0.48
Upright™ Environmental Score
News Sentiment
0.15mentions of Affiliated Managers Group in the last 14 days
Based on 5 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
11.94%
From $22.03 to $24.66 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.11 out of 5 stars

Finance Sector

288th out of 822 stocks

Investment Advice Industry

15th out of 44 stocks

AMG stock logo

About Affiliated Managers Group Stock (NYSE:AMG)

Affiliated Managers Group, Inc., through its affiliates, operates as an investment management company providing investment management services to mutual funds, institutional clients,retails and high net worth individuals in the United States. It provides advisory or sub-advisory services to mutual funds. These funds are distributed to retail, high net worth 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. Affiliated Managers Group, Inc. was formed in 1993 and is based in West Palm Beach, Florida with additional offices in Prides Crossing, Massachusetts; Stamford, Connecticut; London, United Kingdom; Dubai, United Arab Emirates; Sydney, Australia; Hong Kong; Tokyo, Japan, Zurich, Switzerland and Delaware.

AMG Stock Price History

AMG Stock News Headlines

Affiliated Managers Group Inc
Biden’s $374B Giveaway Into This Sector
Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here
Biden’s $374B Giveaway Into This Sector
Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here
AMG Affiliated Managers Group, Inc.
GM Mar 2024 36.500 call
AMG Reports Record-Setting Earnings for the Full Year 2023
Affiliated Managers Group Inc.
Q4 2023 Affiliated Managers Group Inc Earnings Call
See More Headlines
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Company Calendar

Last Earnings
2/05/2024
Ex-Dividend for 2/29 Dividend
2/14/2024
Dividend Payable
2/29/2024
Today
4/18/2024
Next Earnings (Estimated)
5/06/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Investment advice
Sub-Industry
Asset Management & Custody Banks
CUSIP
00825210
Employees
4,000
Year Founded
1993

Price Target and Rating

Average Stock Price Target
$171.20
High Stock Price Target
$190.00
Low Stock Price Target
$148.00
Potential Upside/Downside
+8.2%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
3 Analysts

Profitability

Net Income
$672.90 million
Pretax Margin
53.04%

Debt

Sales & Book Value

Annual Sales
$2.06 billion
Cash Flow
$22.79 per share
Book Value
$135.18 per share

Miscellaneous

Free Float
31,937,000
Market Cap
$5.13 billion
Optionable
Optionable
Beta
1.31

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Key Executives


AMG Stock Analysis - Frequently Asked Questions

Should I buy or sell Affiliated Managers Group stock right now?

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Affiliated Managers Group in the last twelve months. There are currently 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" AMG shares.
View AMG analyst ratings
or view top-rated stocks.

What is Affiliated Managers Group's stock price target for 2024?

3 brokerages have issued 1-year price targets for Affiliated Managers Group's stock. Their AMG share price targets range from $148.00 to $190.00. On average, they expect the company's stock price to reach $171.20 in the next twelve months. This suggests a possible upside of 8.2% from the stock's current price.
View analysts price targets for AMG
or view top-rated stocks among Wall Street analysts.

How have AMG shares performed in 2024?

Affiliated Managers Group's stock was trading at $151.42 on January 1st, 2024. Since then, AMG stock has increased by 4.5% and is now trading at $158.17.
View the best growth stocks for 2024 here
.

Are investors shorting Affiliated Managers Group?

Affiliated Managers Group saw a drop in short interest in the month of March. As of March 31st, there was short interest totaling 430,900 shares, a drop of 23.1% from the March 15th total of 560,700 shares. Based on an average daily trading volume, of 226,100 shares, the days-to-cover ratio is presently 1.9 days. Currently, 1.3% of the company's shares are short sold.
View Affiliated Managers Group's Short Interest
.

When is Affiliated Managers Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, May 6th 2024.
View our AMG earnings forecast
.

How were Affiliated Managers Group's earnings last quarter?

Affiliated Managers Group, Inc. (NYSE:AMG) announced its quarterly earnings data on Monday, February, 5th. The asset manager reported $6.86 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $6.03 by $0.83. The asset manager had revenue of $502.70 million for the quarter, compared to the consensus estimate of $524.98 million. Affiliated Managers Group had a net margin of 32.71% and a trailing twelve-month return on equity of 16.29%. The firm's quarterly revenue was down 6.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $7.28 earnings per share.

How often does Affiliated Managers Group pay dividends? What is the dividend yield for Affiliated Managers Group?

Affiliated Managers Group declared a quarterly dividend on Monday, February 5th. Shareholders of record on Thursday, February 15th will be paid a dividend of $0.01 per share on Thursday, February 29th. This represents a $0.04 annualized dividend and a yield of 0.03%. The ex-dividend date is Wednesday, February 14th.
Read our dividend analysis for AMG
.

Is Affiliated Managers Group a good dividend stock?

Affiliated Managers Group (NYSE:AMG) pays an annual dividend of $0.04 per share and currently has a dividend yield of 0.03%. The dividend payout ratio is 0.23%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, AMG will have a dividend payout ratio of 0.16% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for AMG.

What guidance has Affiliated Managers Group issued on next quarter's earnings?

Affiliated Managers Group issued an update on its first quarter 2024 earnings guidance on Tuesday, February, 6th. The company provided earnings per share (EPS) guidance of 5.030-5.240 for the period, compared to the consensus EPS estimate of 4.680. The company issued revenue guidance of -.

What is Sean M. Healey's approval rating as Affiliated Managers Group's CEO?

7 employees have rated Affiliated Managers Group Chief Executive Officer Sean M. Healey on Glassdoor.com. Sean M. Healey has an approval rating of 85% among the company's employees.

What other stocks do shareholders of Affiliated Managers Group own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Affiliated Managers Group investors own include NVIDIA (NVDA), Boeing (BA), Micron Technology (MU), QUALCOMM (QCOM), Walt Disney (DIS), Mastercard (ma), Netflix (NFLX), AbbVie (ABBV), Adobe (ADBE) and Advanced Micro Devices (AMD).

Who are Affiliated Managers Group's major shareholders?

Affiliated Managers Group's stock is owned by a variety of retail and institutional investors. Top institutional investors include Reinhart Partners LLC. (0.33%), Los Angeles Capital Management LLC (0.16%), Alaska Permanent Fund Corp (0.05%), State of Michigan Retirement System (0.03%), Wealth Enhancement Advisory Services LLC (0.02%) and Guinness Asset Management LTD (0.01%). Insiders that own company stock include Dwight D Churchill, Jay C Horgen, John R Erickson, Reuben Jeffery III and Tracy P Palandjian.
View institutional ownership trends
.

How do I buy shares of Affiliated Managers Group?

Shares of AMG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:AMG) was last updated on 4/19/2024 by MarketBeat.com Staff

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