Ameriprise Financial (AMP)
(Delayed Data from NYSE)
$460.61 USD
-3.13 (-0.67%)
Updated Sep 20, 2024 04:00 PM ET
After-Market: $460.47 -0.14 (-0.03%) 7:58 PM ET
3-Hold of 5 3
B Value D Growth D Momentum C VGM
Company Summary
Headquartered in Minneapolis, MN, Ameriprise Financial, Inc. was founded in 1894 under the name Investors Syndicate. Notably, since 2005-end, Ameriprise has been operating independently of American Express Company. As of Jun 30, 2024, the company owned, managed and administered assets worth $1.43 trillion.
Ameriprise has been operating primarily through the following four business segments:
The Advice & Wealth Management (AWM) segment (contributing 55.7% to net revenues in 2023) provides financial planning and advice, as well as full service brokerage and banking services, primarily to retail clients through the company’s affiliated ...
Company Summary
Headquartered in Minneapolis, MN, Ameriprise Financial, Inc. was founded in 1894 under the name Investors Syndicate. Notably, since 2005-end, Ameriprise has been operating independently of American Express Company. As of Jun 30, 2024, the company owned, managed and administered assets worth $1.43 trillion.
Ameriprise has been operating primarily through the following four business segments:
The Advice & Wealth Management (AWM) segment (contributing 55.7% to net revenues in 2023) provides financial planning and advice, as well as full service brokerage and banking services, primarily to retail clients through the company’s affiliated financial advisors.
The Asset Management segment (20.8%) provides investment advice and investment products to retail, high net worth and institutional clients on a global scale through Columbia Management and Threadneedle Asset Management Holdings Sàrl.
The Retirement & Protection Solutions segment (19.9%) includes Retirement Solutions (Variable Annuities and Payout Annuities) and Protection Solutions (Life and Disability Insurance).
Ameriprise realizes net investment income on corporate level assets from its Corporate & Other segment (3.6%). This includes excess capital held in RiverSource Life and other unallocated equity and revenues from various investments, as well as unallocated corporate expenses. Notably, following the reorganization of segments, the Fixed Annuities segment has been shifted here.
In 2021, Ameriprise acquired BMO Financial Group’s EMEA asset management operations.
General Information
Ameriprise Financial, Inc
1099 AMERIPRISE FINANCIAL CENTER
MINNEAPOLIS, MN 55474
Phone: 612-671-3131
Fax: 612-671-8880
Web: http://www.ameriprise.com
Email: investor.relations@ampf.com
Industry | Financial - Investment Management |
Sector | Finance |
Fiscal Year End | December |
Last Reported Quarter | 6/30/2024 |
Exp Earnings Date | 10/23/2024 |
EPS Information
Current Quarter EPS Consensus Estimate | 8.82 |
Current Year EPS Consensus Estimate | 34.81 |
Estimated Long-Term EPS Growth Rate | 16.60 |
Exp Earnings Date | 10/23/2024 |
Price and Volume Information
Zacks Rank | |
Yesterday's Close | 463.74 |
52 Week High | 465.82 |
52 Week Low | 306.63 |
Beta | 1.35 |
20 Day Moving Average | 347,212.00 |
Target Price Consensus | 472.33 |
4 Week | 4.76 |
12 Week | 7.82 |
YTD | 21.27 |
4 Week | 3.51 |
12 Week | 3.25 |
YTD | 1.92 |
Shares Outstanding (millions) | 98.19 |
Market Capitalization (millions) | 45,226.68 |
Short Ratio | NA |
Last Split Date | NA |
Dividend Yield | 1.29% |
Annual Dividend | $5.92 |
Payout Ratio | 0.18 |
Change in Payout Ratio | -0.03 |
Last Dividend Payout / Amount | 8/5/2024 / $1.48 |
Fundamental Ratios
P/E (F1) | 13.23 |
Trailing 12 Months | 14.24 |
PEG Ratio | 0.80 |
vs. Previous Year | 14.65% |
vs. Previous Quarter | 1.67% |
vs. Previous Year | 8.88% |
vs. Previous Quarter | 1.78% |
Price/Book | 9.06 |
Price/Cash Flow | 14.89 |
Price / Sales | 2.75 |
6/30/24 | 73.83 |
3/31/24 | 75.97 |
12/31/23 | 77.39 |
6/30/24 | 1.94 |
3/31/24 | 1.93 |
12/31/23 | 1.92 |
6/30/24 | 0.59 |
3/31/24 | 0.56 |
12/31/23 | 0.56 |
6/30/24 | 0.59 |
3/31/24 | 0.56 |
12/31/23 | 0.56 |
6/30/24 | 20.66 |
3/31/24 | 20.64 |
12/31/23 | 20.66 |
6/30/24 | 18.64 |
3/31/24 | 19.42 |
12/31/23 | 16.27 |
6/30/24 | 23.58 |
3/31/24 | 24.56 |
12/31/23 | 20.82 |
6/30/24 | 50.85 |
3/31/24 | 49.12 |
12/31/23 | 46.73 |
6/30/24 | NA |
3/31/24 | NA |
12/31/23 | NA |
6/30/24 | 1.16 |
3/31/24 | 1.13 |
12/31/23 | 1.17 |
6/30/24 | 53.66 |
3/31/24 | 53.07 |
12/31/23 | 54.01 |