Zacks Research Brokers Lower Earnings Estimates for AMP

Ameriprise Financial, Inc. (NYSE:AMP) – Equities research analysts at Zacks Research cut their Q1 2025 earnings per share estimates for shares of Ameriprise Financial in a report released on Monday, April 21st. Zacks Research analyst R. Department now anticipates that the financial services provider will earn $9.08 per share for the quarter, down from their prior forecast of $9.10. The consensus estimate for Ameriprise Financial’s current full-year earnings is $38.64 per share. Zacks Research also issued estimates for Ameriprise Financial’s Q2 2025 earnings at $9.16 EPS, Q3 2025 earnings at $8.56 EPS, FY2025 earnings at $36.43 EPS, Q1 2026 earnings at $9.57 EPS, Q3 2026 earnings at $9.12 EPS, FY2026 earnings at $38.25 EPS and FY2027 earnings at $44.66 EPS.

Several other equities research analysts have also recently commented on the stock. Morgan Stanley boosted their price target on shares of Ameriprise Financial from $507.00 to $542.00 and gave the stock an “equal weight” rating in a research report on Tuesday, March 4th. UBS Group lowered Ameriprise Financial from a “buy” rating to a “neutral” rating and decreased their price target for the company from $580.00 to $570.00 in a research report on Monday, January 6th. Keefe, Bruyette & Woods cut their price objective on Ameriprise Financial from $570.00 to $520.00 and set a “market perform” rating on the stock in a report on Wednesday, April 9th. Piper Sandler increased their target price on Ameriprise Financial from $415.00 to $442.00 and gave the company an “underweight” rating in a report on Friday, January 31st. Finally, 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. One analyst has rated the stock with a sell rating, four have given a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, Ameriprise Financial currently has an average rating of “Hold” and a consensus price target of $517.44.

Ameriprise Financial Price Performance

NYSE AMP opened at $471.56 on Wednesday. Ameriprise Financial has a 12 month low of $385.74 and a 12 month high of $582.05. The firm has a market capitalization of $45.18 billion, a PE ratio of 14.26, a P/E/G ratio of 1.15 and a beta of 1.23. The company’s 50 day simple moving average is $489.94 and its 200 day simple moving average is $522.27. The company has a debt-to-equity ratio of 1.01, a current ratio of 0.59 and a quick ratio of 0.59.

Ameriprise Financial (NYSE:AMP) last posted its earnings results on Wednesday, January 29th. The financial services provider reported $9.36 EPS for the quarter, beating the consensus estimate of $9.16 by $0.20. Ameriprise Financial had a return on equity of 69.35% and a net margin of 19.70%.

Ameriprise Financial Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, February 28th. Stockholders of record on Monday, February 10th were issued a dividend of $1.48 per share. This represents a $5.92 annualized dividend and a dividend yield of 1.26%. The ex-dividend date of this dividend was Monday, February 10th. Ameriprise Financial’s dividend payout ratio (DPR) is presently 17.91%.

Insider Buying and Selling

In other Ameriprise Financial news, insider Joseph Edward Sweeney sold 4,636 shares of Ameriprise Financial stock in a transaction dated Wednesday, February 19th. The stock was sold at an average price of $539.07, for a total value of $2,499,128.52. Following the sale, the insider now owns 7,237 shares of the company’s stock, valued at $3,901,249.59. This trade represents a 39.05 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 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 value of $523,120.00. Following the transaction, the director now directly owns 10,000 shares of the company’s stock, valued at $5,231,200. This represents a 9.09 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 11,636 shares of company stock valued at $6,263,989. 0.73% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Ameriprise Financial

Large investors have recently modified their holdings of the business. University of Texas Texas AM Investment Management Co. acquired a new position in Ameriprise Financial during the fourth quarter valued at approximately $26,000. TCTC Holdings LLC acquired a new stake in Ameriprise Financial in the fourth quarter valued at $26,000. Rialto Wealth Management LLC bought a new position in shares of Ameriprise Financial in the 4th quarter valued at about $28,000. Whipplewood Advisors LLC acquired a new position in shares of Ameriprise Financial during the 4th quarter worth about $28,000. Finally, Wingate Wealth Advisors Inc. bought a new stake in shares of Ameriprise Financial in the 4th quarter valued at about $30,000. 83.95% of the stock is currently owned by institutional investors and hedge funds.

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.