Should I buy or sell AllianceBernstein stock right now?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for AllianceBernstein in the last year. There are currently 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" AB shares. View AB analyst ratings or view top-rated stocks .

What is AllianceBernstein's stock price target for 2024?

4 equities research analysts have issued 1-year price objectives for AllianceBernstein's shares. Their AB share price targets range from $36.75 to $47.00. On average, they expect the company's share price to reach $40.44 in the next twelve months. This suggests a possible upside of 24.6% from the stock's current price. View analysts price targets for AB or view top-rated stocks among Wall Street analysts .

How have AB shares performed in 2024?

AllianceBernstein's stock was trading at $31.03 at the start of the year. Since then, AB stock has increased by 4.6% and is now trading at $32.45. View the best growth stocks for 2024 here .

Are investors shorting AllianceBernstein?

AllianceBernstein saw a drop in short interest in the month of March. As of March 15th, there was short interest totaling 1,040,000 shares, a drop of 5.5% from the February 29th total of 1,100,000 shares. Based on an average daily volume of 352,200 shares, the days-to-cover ratio is currently 3.0 days. View AllianceBernstein's Short Interest .

When is AllianceBernstein's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, April 25th 2024. View our AB earnings forecast .

How can I listen to AllianceBernstein's earnings call?

AllianceBernstein will be holding an earnings conference call on Friday, April 26th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link .

How were AllianceBernstein's earnings last quarter?

AllianceBernstein Holding L.P. (NYSE:AB) issued its quarterly earnings data on Wednesday, February, 7th. The asset manager reported $0.77 EPS for the quarter, beating the consensus estimate of $0.63 by $0.14. The asset manager earned $1.09 billion during the quarter, compared to analyst estimates of $857.85 million. AllianceBernstein had a net margin of 6.36% and a trailing twelve-month return on equity of 14.88%. The business's quarterly revenue was up 10.2% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.70 earnings per share.

How often does AllianceBernstein pay dividends? What is the dividend yield for AllianceBernstein?

AllianceBernstein declared a quarterly dividend on Tuesday, February 6th. Stockholders of record on Tuesday, February 20th will be given a dividend of $0.77 per share on Thursday, March 14th. This represents a $3.08 dividend on an annualized basis and a yield of 9.49%. The ex-dividend date of this dividend is Friday, February 16th. This is a positive change from the stock's previous quarterly dividend of $0.65. Read our dividend analysis for AB .

Is AllianceBernstein a good dividend stock?

AllianceBernstein (NYSE:AB) pays an annual dividend of $3.08 per share and currently has a dividend yield of 9.42%. AB has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 132.19%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, AB will have a dividend payout ratio of 87.50% in the coming year. This indicates that the company may not be able to sustain their current dividend. Read our dividend analysis for AB .

What ETF holds AllianceBernstein's stock?

InfraCap Equity Income Fund ETF holds 37,302 shares of AB stock, representing 2.42% of its portfolio.

What other stocks do shareholders of AllianceBernstein own?

Based on aggregate information from My MarketBeat watchlists, some companies that other AllianceBernstein investors own include AT&T (T) , Bank of America (BAC) , Apollo Global Management (APO) , Intelsat (I) , Enterprise Products Partners (EPD) , Energy Transfer (ET) , Micron Technology (MU) , Fossil Group (FOSL) , AbbVie (ABBV) and Altria Group (MO) .

Who are AllianceBernstein's major shareholders?

AllianceBernstein's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Wealth Enhancement Advisory Services LLC (0.15%), KMG Fiduciary Partners LLC (0.04%), Atticus Wealth Management LLC (0.00%), Mather Group LLC. (0.00%) and Register Financial Advisors LLC (0.00%). Insiders that own company stock include Charles GT Stonehill , Karl Sprules , Kate C Burke and Mark R Manley . View institutional ownership trends .

How do I buy shares of AllianceBernstein?

Shares of AB 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 .

NYSE:AB

AllianceBernstein (AB) Stock Price, News & Analysis

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Free AB Stock Alerts

$32.45

0.00 (0.00%)

(As of 04/18/2024 ET)

Compare

Today's Range: $32.32
▼
$32.94
50-Day Range: $31.76
▼
$35.00
52-Week Range: $25.83
▼
$36.97

Volume: 148,432 shs
Average Volume: 342,668 shs
Market Capitalization: $3.71 billion

P/E Ratio: 13.93
Dividend Yield: 9.49%
Price Target: $40.44

Get AllianceBernstein alerts:

AllianceBernstein MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 24.6% Upside
$40.44 Price Target
Short Interest: Healthy
0.90% of Shares Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.48
Based on 8 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 15.41%
From $3.05 to $3.52 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.

3.78 out of 5 stars

Finance Sector

365th out of 822 stocks

Investment Advice Industry

19th out of 44 stocks

2.5

Analyst's Opinion

Consensus Rating
AllianceBernstein has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 4 buy ratings, no hold ratings, and no sell ratings.
Amount of Analyst Coverage
AllianceBernstein has only been the subject of 2 research reports in the past 90 days.

4.0

Short Interest

Percentage of Shares Shorted
0.90% of the outstanding shares of AllianceBernstein have been sold short.
Short Interest Ratio / Days to Cover
AllianceBernstein has a short interest ratio ("days to cover") of 2.9, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in AllianceBernstein has recently decreased by 0.96%, indicating that investor sentiment is improving.

1.7

Dividend Strength

Dividend Leadership
AllianceBernstein is a leading dividend payer. It pays a dividend yield of 9.42%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
AllianceBernstein has only been increasing its dividend for 1 years.
Dividend Coverage
The dividend payout ratio of AllianceBernstein is 132.19%. Payout ratios above 75% are not desirable because they may not be sustainable.
Dividend Sustainability
Based on EPS estimates, AllianceBernstein will have a dividend payout ratio of 87.50% in the coming year. This indicates that AllianceBernstein may not be able to sustain their current dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for AB.

2.5

News and Social Media Coverage

News Sentiment
AllianceBernstein has a news sentiment score of 0.48. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.59 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 8 news articles for AllianceBernstein this week, compared to 4 articles on an average week.
Search Interest
25 people have searched for AB on MarketBeat in the last 30 days. This is an increase of 4% compared to the previous 30 days.
MarketBeat Follows
Only 12 people have added AllianceBernstein to their MarketBeat watchlist in the last 30 days. This is a decrease of -48% compared to the previous 30 days.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, AllianceBernstein insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 2.70% of the stock of AllianceBernstein is held by insiders.
Percentage Held by Institutions
Only 19.25% of the stock of AllianceBernstein is held by institutions.

4.4

Earnings and Valuation

Earnings Growth
Earnings for AllianceBernstein are expected to grow by 15.41% in the coming year, from $3.05 to $3.52 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of AllianceBernstein is 13.93, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 144.13.
Price to Earnings Ratio vs. Sector
The P/E ratio of AllianceBernstein is 13.93, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 58.79.
Price to Earnings Growth Ratio
AllianceBernstein has a PEG Ratio of 0.63. PEG Ratios below 1 indicate that a company could be undervalued.
Price to Book Value per Share Ratio
AllianceBernstein has a P/B Ratio of 1.79. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About AllianceBernstein Stock (NYSE:AB)

AllianceBernstein Holding L.P. is a publicly owned investment manager. The firm is a related adviser The firm manages separate client focused portfolios for its clients. The firm primarily invests in common and preferred stocks, warrants and convertible securities, government and corporate fxed-income securities, commodities, currencies, real estate-related assets and infation-protected securities. The firm employs quantitative analysis along with long-term purchases, short-term purchases, trading, short sales, margin transactions, option strategies including writing covered options, uncovered options and spread strategies to make its investments. The firm obtains external research to complement its in-house research. The firm was formerly known as Alliance Capital Management Holding LP. AllianceBernstein Holding L.P. was founded in 1967 and is based in Nashville,Tennessee.

AB Stock Price History

30 days | 90 days | 365 days | Advanced Chart

AB Stock News Headlines

April 18, 2024 | finance.yahoo.com

AllianceBernstein Announces Geoff Cornell as Chief Investment Officer of Insurance

April 18, 2024 | americanbankingnews.com

AllianceBernstein (AB) Scheduled to Post Quarterly Earnings on Thursday

April 19, 2024 | DTI (Ad)

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April 17, 2024 | finanznachrichten.de

AllianceBernstein: AB: Just Transition and Emerging Markets: Weighing the Risks

April 17, 2024 | finance.yahoo.com

AB: Just Transition and Emerging Markets: Weighing the Risks

April 12, 2024 | finanznachrichten.de

AllianceBernstein: AB: Responsible Investing: Four Themes To Follow in 2024

April 12, 2024 | finance.yahoo.com

AB: Responsible Investing: Four Themes To Follow in 2024

April 12, 2024 | msn.com

AllianceBernstein advises investing in high-yield bonds before US Fed's interest rate cut

April 19, 2024 | DTI (Ad)

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April 11, 2024 | prnewswire.com

AB to Report First Quarter 2024 Results on April 25, 2024

April 10, 2024 | americanbankingnews.com

AllianceBernstein (NYSE:AB) Given Buy Rating at TD Cowen

April 9, 2024 | msn.com

AllianceBernstein AUM rises 2% in March, thanks to market appreciation

April 9, 2024 | finance.yahoo.com

AB Announces March 31, 2024 Assets Under Management

April 9, 2024 | prnewswire.com

AB Announces March 31, 2024 Assets Under Management

April 5, 2024 | bizjournals.com

AllianceBernstein employs almost 1,030 workers. Here's what that equals in Metro money.

April 3, 2024 | seekingalpha.com

Fixed-Income Outlook: Don't Miss The Forest For The Trees

April 3, 2024 | bizjournals.com

AllianceBernstein launches joint venture with Paris-based bank

April 2, 2024 | prnewswire.com

SOCIETE GENERALE AND ALLIANCEBERNSTEIN ANNOUNCE THE OFFICIAL LAUNCH OF BERNSTEIN, A NEW LEADER IN CASH EQUITIES & RESEARCH

March 28, 2024 | msn.com

Is AB Discovery Growth A (CHCLX) a Strong Mutual Fund Pick Right Now?

March 20, 2024 | finanznachrichten.de

AllianceBernstein: AB: Governance Matters - The Proof Is in the Proxy

March 20, 2024 | finance.yahoo.com

AB: Governance Matters - The Proof Is in the Proxy

March 16, 2024 | ca.finance.yahoo.com

AB Oct 2024 40.000 call

March 15, 2024 | seekingalpha.com

Governance Matters: The Proof Is In The Proxy

March 14, 2024 | finanznachrichten.de

AllianceBernstein: AB and Columbia Climate School Hosted the Biodiversity Training for AB Investors

March 14, 2024 | finance.yahoo.com

AB and Columbia Climate School Hosted the Biodiversity Training for AB Investors

March 11, 2024 | finance.yahoo.com

AB Announces February 29, 2024 Assets Under Management

March 8, 2024 | msn.com

ADC and AB: 2 High-Yield Dividend Stocks with Upside Over 10%, According to Analysts

See More Headlines

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Company Calendar

Last Earnings: 2/07/2024
Ex-Dividend for 3/14 Dividend: 2/16/2024
Dividend Payable: 3/14/2024
Today: 4/18/2024
Next Earnings (Confirmed): 4/25/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Finance
Industry: Investment advice
Sub-Industry: N/A
Current Symbol: NYSE:AB
CUSIP: N/A
CIK: 825313
Web: www.abglobal.com
Phone: (615) 622-0000
Fax: 212-969-2293
Employees: 4,707
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $40.44
High Stock Price Target: $47.00
Low Stock Price Target: $36.75
Potential Upside/Downside: +24.6%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 4 Analysts

Profitability

EPS (Most Recent Fiscal Year): $2.33
Trailing P/E Ratio: 13.93
Forward P/E Ratio: 10.64
P/E Growth: 0.63
Net Income: $264.18 million
Net Margins: 6.36%
Pretax Margin: 6.98%
Return on Equity: 14.88%
Return on Assets: 14.88%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: N/A
Quick Ratio: N/A

Sales & Book Value

Annual Sales: $4.16 billion
Price / Sales: 0.89
Cash Flow: $2.63 per share
Price / Cash Flow: 12.32
Book Value: $18.14 per share
Price / Book: 1.79

Miscellaneous

Outstanding Shares: 114,440,000
Free Float: 111,346,000
Market Cap: $3.71 billion
Optionable: Optionable
Beta: 1.25

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Key Executives

Mr. Seth Perry Bernstein (Age 63)
CEO, President & Director
Comp: $5.13M
Mr. Karl K Sprules (Age 50)
Chief Operating Officer
Comp: $2.46M
Mr. Mark Randall Manley J.D. (Age 61)
Senor VP, General Counsel & Corporate Secretary
Comp: $1.11M
Mr. Onur Erzan (Age 48)
Head of Global Client Group & Head of Private Wealth
Comp: $3.32M
Ms. Jacqueline Marks (Age 45)
Chief Financial Officer
Mr. Daniel J. Loewy C.F.A.
CFA, Chief Investment Officer and Head of Multi-Asset & Hedge Fund Solutions
Mr. Thomas Simeone (Age 46)
Senior VP, Controller & Chief Accounting Officer
Mr. Mark C. Griffin CFA
Head of Investor Relations
Mr. John Meyers
Director of Corporate Communications
Ms. Cathy Spencer (Age 57)
Chief People Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

AB Stock Analysis - Frequently Asked Questions

Should I buy or sell AllianceBernstein stock right now?: 4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for AllianceBernstein in the last year. There are currently 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" AB shares.
View AB analyst ratings or view top-rated stocks.
What is AllianceBernstein's stock price target for 2024?: 4 equities research analysts have issued 1-year price objectives for AllianceBernstein's shares. Their AB share price targets range from $36.75 to $47.00. On average, they expect the company's share price to reach $40.44 in the next twelve months. This suggests a possible upside of 24.6% from the stock's current price.
View analysts price targets for AB or view top-rated stocks among Wall Street analysts.
How have AB shares performed in 2024?: AllianceBernstein's stock was trading at $31.03 at the start of the year. Since then, AB stock has increased by 4.6% and is now trading at $32.45.
View the best growth stocks for 2024 here.
Are investors shorting AllianceBernstein?: AllianceBernstein saw a drop in short interest in the month of March. As of March 15th, there was short interest totaling 1,040,000 shares, a drop of 5.5% from the February 29th total of 1,100,000 shares. Based on an average daily volume of 352,200 shares, the days-to-cover ratio is currently 3.0 days.
View AllianceBernstein's Short Interest.
When is AllianceBernstein's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, April 25th 2024.
View our AB earnings forecast.
How can I listen to AllianceBernstein's earnings call?: AllianceBernstein will be holding an earnings conference call on Friday, April 26th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link.
How were AllianceBernstein's earnings last quarter?: AllianceBernstein Holding L.P. (NYSE:AB) issued its quarterly earnings data on Wednesday, February, 7th. The asset manager reported $0.77 EPS for the quarter, beating the consensus estimate of $0.63 by $0.14. The asset manager earned $1.09 billion during the quarter, compared to analyst estimates of $857.85 million. AllianceBernstein had a net margin of 6.36% and a trailing twelve-month return on equity of 14.88%. The business's quarterly revenue was up 10.2% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.70 earnings per share.

How often does AllianceBernstein pay dividends? What is the dividend yield for AllianceBernstein?: AllianceBernstein declared a quarterly dividend on Tuesday, February 6th. Stockholders of record on Tuesday, February 20th will be given a dividend of $0.77 per share on Thursday, March 14th. This represents a $3.08 dividend on an annualized basis and a yield of 9.49%. The ex-dividend date of this dividend is Friday, February 16th. This is a positive change from the stock's previous quarterly dividend of $0.65.
Read our dividend analysis for AB.
Is AllianceBernstein a good dividend stock?: AllianceBernstein (NYSE:AB) pays an annual dividend of $3.08 per share and currently has a dividend yield of 9.42%. AB has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 132.19%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, AB will have a dividend payout ratio of 87.50% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for AB.
What ETF holds AllianceBernstein's stock?: InfraCap Equity Income Fund ETF holds 37,302 shares of AB stock, representing 2.42% of its portfolio.
What other stocks do shareholders of AllianceBernstein own?: Based on aggregate information from My MarketBeat watchlists, some companies that other AllianceBernstein investors own include AT&T (T), Bank of America (BAC), Apollo Global Management (APO), Intelsat (I), Enterprise Products Partners (EPD), Energy Transfer (ET), Micron Technology (MU), Fossil Group (FOSL), AbbVie (ABBV) and Altria Group (MO).
Who are AllianceBernstein's major shareholders?: AllianceBernstein's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Wealth Enhancement Advisory Services LLC (0.15%), KMG Fiduciary Partners LLC (0.04%), Atticus Wealth Management LLC (0.00%), Mather Group LLC. (0.00%) and Register Financial Advisors LLC (0.00%). Insiders that own company stock include Charles GT Stonehill, Karl Sprules, Kate C Burke and Mark R Manley.
View institutional ownership trends.
How do I buy shares of AllianceBernstein?: Shares of AB 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:AB) was last updated on 4/19/2024 by MarketBeat.com Staff

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