Zacks Research Brokers Increase Earnings Estimates for AMP

Ameriprise Financial, Inc. (NYSE:AMP) – Zacks Research lifted their FY2025 earnings estimates for Ameriprise Financial in a report issued on Thursday, November 20th. Zacks Research analyst Team now forecasts that the financial services provider will earn $38.22 per share for the year, up from their previous estimate of $36.80. 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 Q4 2025 earnings at $9.69 EPS, Q1 2026 earnings at $9.94 EPS, Q2 2026 earnings at $9.59 EPS, Q4 2026 earnings at $10.11 EPS, FY2026 earnings at $39.72 EPS, Q1 2027 earnings at $11.06 EPS, Q3 2027 earnings at $11.50 EPS and FY2027 earnings at $44.59 EPS.

Ameriprise Financial (NYSE:AMP) last announced its earnings results on Thursday, October 30th. The financial services provider reported $9.92 earnings per share for the quarter, topping the consensus estimate of $9.76 by $0.16. The firm had revenue of $4.73 billion for the quarter, compared to the consensus estimate of $4.51 billion. Ameriprise Financial had a net margin of 18.30% and a return on equity of 65.90%. The firm’s revenue for the quarter was up 9.0% on a year-over-year basis. During the same period in the prior year, the firm earned $9.02 EPS.

A number of other research analysts have also issued reports on AMP. Weiss Ratings reiterated a “buy (b)” rating on shares of Ameriprise Financial in a report on Wednesday, October 8th. Argus decreased their price objective on Ameriprise Financial from $568.00 to $554.00 and set a “buy” rating for the company in a research note on Thursday, November 13th. Raymond James Financial upped their target price on shares of Ameriprise Financial from $518.00 to $582.00 and gave the stock a “strong-buy” rating in a research note on Friday, July 25th. Evercore ISI reduced their target price on shares of Ameriprise Financial from $587.00 to $570.00 and set an “in-line” rating on the stock in a report on Thursday, October 9th. Finally, Keefe, Bruyette & Woods lowered their price target on shares of Ameriprise Financial from $550.00 to $530.00 and set a “market perform” rating for the company in a report on Monday, November 3rd. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, five have given a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $533.22.

Ameriprise Financial Stock Performance

NYSE:AMP opened at $447.55 on Friday. Ameriprise Financial has a 52 week low of $396.14 and a 52 week high of $582.05. The company has a fifty day simple moving average of $475.21 and a two-hundred day simple moving average of $501.29. The company has a quick ratio of 0.62, a current ratio of 0.62 and a debt-to-equity ratio of 0.95. The company has a market cap of $41.58 billion, a price-to-earnings ratio of 13.92, a price-to-earnings-growth ratio of 1.07 and a beta of 1.28.

Institutional Trading of Ameriprise Financial

A number of large investors have recently made changes to their positions in AMP. Whipplewood Advisors LLC lifted its stake in Ameriprise Financial by 71.0% in the second quarter. Whipplewood Advisors LLC now owns 53 shares of the financial services provider’s stock valued at $28,000 after buying an additional 22 shares during the last quarter. TD Capital Management LLC increased its holdings in shares of Ameriprise Financial by 566.7% in the 1st quarter. TD Capital Management LLC now owns 60 shares of the financial services provider’s stock valued at $29,000 after acquiring an additional 51 shares during the period. Wealth Preservation Advisors LLC purchased a new stake in Ameriprise Financial in the 1st quarter valued at $29,000. Salomon & Ludwin LLC boosted its stake in Ameriprise Financial by 115.4% during the 2nd quarter. Salomon & Ludwin LLC now owns 56 shares of the financial services provider’s stock worth $30,000 after purchasing an additional 30 shares during the period. Finally, Winnow Wealth LLC purchased a new position in Ameriprise Financial during the 2nd quarter worth $32,000. 83.95% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Ameriprise Financial

In related news, EVP Heather J. Melloh sold 1,500 shares of the stock in a transaction on Thursday, September 4th. The shares were sold at an average price of $512.34, for a total value of $768,510.00. Following the transaction, the executive vice president directly owned 2,562 shares of the company’s stock, valued at $1,312,615.08. This trade represents a 36.93% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Corporate insiders own 0.73% of the company’s stock.

Ameriprise Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, November 24th. Shareholders of record on Monday, November 10th will be issued a dividend of $1.60 per share. The ex-dividend date of this dividend is Monday, November 10th. This represents a $6.40 dividend on an annualized basis and a yield of 1.4%. Ameriprise Financial’s dividend payout ratio (DPR) is presently 17.55%.

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.