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S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: World shares are mostly higher after S&P 500 sets another record
5 Dividend Kings Stocks to Load Up on Now
Palantir Technologies: Bearish Sentiment, Bullish Chart Signals
Chinese leader Xi issues a positive message at a meeting with US business leaders as ties improve
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
Low VIX? 3 High Beta Stocks To Boost Your Returns
S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: World shares are mostly higher after S&P 500 sets another record
5 Dividend Kings Stocks to Load Up on Now
Palantir Technologies: Bearish Sentiment, Bullish Chart Signals
Chinese leader Xi issues a positive message at a meeting with US business leaders as ties improve
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
Low VIX? 3 High Beta Stocks To Boost Your Returns
S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: World shares are mostly higher after S&P 500 sets another record
5 Dividend Kings Stocks to Load Up on Now
Palantir Technologies: Bearish Sentiment, Bullish Chart Signals
Chinese leader Xi issues a positive message at a meeting with US business leaders as ties improve
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
Low VIX? 3 High Beta Stocks To Boost Your Returns
NYSE:AMG

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

$166.27
+2.69 (+1.64%)
(As of 03/27/2024 ET)
Today's Range
$164.03
$166.43
50-Day Range
$148.84
$166.27
52-Week Range
$120.22
$166.43
Volume
226,841 shs
Average Volume
222,941 shs
Market Capitalization
$5.45 billion
P/E Ratio
9.58
Dividend Yield
0.02%
Price Target
$168.20

Affiliated Managers Group MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.75 Rating Score
Upside/​Downside
1.2% Upside
$168.20 Price Target
Short Interest
Healthy
1.74% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-0.48
Upright™ Environmental Score
News Sentiment
0.70mentions of Affiliated Managers Group in the last 14 days
Based on 10 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
11.81%
From $21.42 to $23.95 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.

4.05 out of 5 stars

Finance Sector

278th out of 857 stocks

Investment Advice Industry

22nd out of 46 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

[BUY ALERT] Our #1 A.I. Stock for March
It's the one AI stock nobody is talking about. Cathy Wood just bought 11 million shares of it.
AMG Affiliated Managers Group, Inc.
GM Mar 2024 36.500 call
AMG Reports Record-Setting Earnings for the Full Year 2023
[BUY ALERT] Our #1 A.I. Stock for March
It's the one AI stock nobody is talking about. Cathy Wood just bought 11 million shares of it.
Affiliated Managers Group Inc.
Q4 2023 Affiliated Managers Group Inc Earnings Call
Affiliated Managers Group Q4 Economic Net Income Declines
Earnings Outlook For Affiliated Managers Group
Why Affiliated Managers (AMG) Stock Might be a Great Pick
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
3/28/2024
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
$168.20
High Stock Price Target
$185.00
Low Stock Price Target
$148.00
Potential Upside/Downside
+1.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.75
Research Coverage
4 Analysts

Profitability

Net Income
$672.90 million
Pretax Margin
53.04%

Debt

Sales & Book Value

Annual Sales
$2.06 billion
Cash Flow
$23.45 per share
Book Value
$135.18 per share

Miscellaneous

Free Float
32,437,000
Market Cap
$5.45 billion
Optionable
Optionable
Beta
1.30

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Key Executives


AMG Stock Analysis - Frequently Asked Questions

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

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Affiliated Managers Group in the last year. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" AMG shares.
View AMG analyst ratings
or view top-rated stocks.

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

4 brokerages have issued 1 year price objectives for Affiliated Managers Group's shares. Their AMG share price targets range from $148.00 to $185.00. On average, they anticipate the company's stock price to reach $168.20 in the next year. This suggests a possible upside of 1.2% 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 shares have increased by 9.8% and is now trading at $166.27.
View the best growth stocks for 2024 here
.

Are investors shorting Affiliated Managers Group?

Affiliated Managers Group saw a increase in short interest in March. As of March 15th, there was short interest totaling 560,700 shares, an increase of 53.4% from the February 29th total of 365,600 shares. Based on an average daily trading volume, of 215,600 shares, the days-to-cover ratio is currently 2.6 days. Currently, 1.7% of the shares of the stock are sold short.
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) released its earnings results on Monday, February, 5th. The asset manager reported $6.86 earnings per share for the quarter, topping the consensus estimate of $6.03 by $0.83. The asset manager earned $502.70 million during the quarter, compared to analyst estimates of $524.98 million. Affiliated Managers Group had a trailing twelve-month return on equity of 16.29% and a net margin of 32.71%. The company's quarterly revenue was down 6.8% on a year-over-year basis. During the same quarter last year, the business posted $7.28 EPS.

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. Stockholders 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 0.02%. The ex-dividend date of this dividend 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 0.02%. 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 0.17% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for AMG.

What ETFs hold Affiliated Managers Group's stock?
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 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 number of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (11.19%), Vanguard Group Inc. (10.85%), Kiltearn Partners LLP (2.38%), Dimensional Fund Advisors LP (2.28%), Lyrical Asset Management LP (2.01%) and Allianz Asset Management GmbH (1.51%). 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 3/28/2024 by MarketBeat.com Staff

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