Zacks Research Has Optimistic Outlook of AMP Q1 Earnings

Ameriprise Financial, Inc. (NYSE:AMP) – Equities research analysts at Zacks Research upped their Q1 2025 earnings per share (EPS) estimates for Ameriprise Financial in a research note issued on Wednesday, February 19th. Zacks Research analyst R. Department now expects that the financial services provider will earn $9.10 per share for the quarter, up from their previous estimate of $8.89. The consensus estimate for Ameriprise Financial’s current full-year earnings is $38.55 per share. Zacks Research also issued estimates for Ameriprise Financial’s Q2 2025 earnings at $9.50 EPS, FY2025 earnings at $38.30 EPS, Q1 2026 earnings at $9.99 EPS, Q3 2026 earnings at $10.47 EPS, FY2026 earnings at $41.27 EPS and FY2027 earnings at $49.16 EPS.

Several other brokerages have also recently issued reports on AMP. Royal Bank of Canada reissued an “outperform” rating and issued a $625.00 price objective on shares of Ameriprise Financial in a research note on Monday, February 3rd. Keefe, Bruyette & Woods increased their price objective on Ameriprise Financial from $560.00 to $570.00 and gave the stock a “market perform” rating in a research note on Monday, February 3rd. UBS Group cut Ameriprise Financial from a “buy” rating to a “neutral” rating and dropped their price objective for the stock from $580.00 to $570.00 in a research note on Monday, January 6th. Finally, Piper Sandler increased their target price on Ameriprise Financial from $415.00 to $442.00 and gave the company an “underweight” rating in a research report on Friday, January 31st. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and three have issued a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $510.44.

Ameriprise Financial Stock Down 2.0 %

Shares of NYSE:AMP opened at $530.18 on Friday. Ameriprise Financial has a 52-week low of $385.74 and a 52-week high of $582.05. The stock has a market cap of $51.44 billion, a P/E ratio of 16.04, a price-to-earnings-growth ratio of 1.19 and a beta of 1.36. The business’s 50 day moving average is $540.89 and its 200 day moving average is $508.68. The company has a quick ratio of 0.65, a current ratio of 0.59 and a debt-to-equity ratio of 1.01.

Ameriprise Financial (NYSE:AMP) last issued its quarterly earnings results on Wednesday, January 29th. The financial services provider reported $9.36 earnings per share for the quarter, topping 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 will be paid on Friday, February 28th. Stockholders of record on Monday, February 10th will be issued a dividend of $1.48 per share. The ex-dividend date of this dividend is Monday, February 10th. This represents a $5.92 annualized dividend and a dividend yield of 1.12%. Ameriprise Financial’s dividend payout ratio is presently 17.91%.

Insider Activity

In related news, Director Robert Francis Sharpe, Jr. sold 1,000 shares of the firm’s stock in a transaction on Wednesday, February 12th. The stock was sold at an average price of $523.12, for a total value of $523,120.00. Following the completion of the transaction, the director now owns 10,000 shares in the company, valued at $5,231,200. This trade represents a 9.09 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO William F. Truscott sold 6,000 shares of the firm’s stock in a transaction on Thursday, February 6th. The stock was sold at an average price of $540.29, for a total value of $3,241,740.00. Following the completion of the transaction, the chief executive officer now owns 14,023 shares of the company’s stock, valued at $7,576,486.67. This trade represents a 29.97 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 11,636 shares of company stock worth $6,263,989. Insiders own 0.73% of the company’s stock.

Hedge Funds Weigh In On Ameriprise Financial

A number of institutional investors have recently modified their holdings of the stock. Geller Advisors LLC raised its stake in shares of Ameriprise Financial by 2.2% during the 3rd quarter. Geller Advisors LLC now owns 878 shares of the financial services provider’s stock valued at $412,000 after buying an additional 19 shares during the last quarter. Cerro Pacific Wealth Advisors LLC raised its stake in shares of Ameriprise Financial by 3.4% during the 4th quarter. Cerro Pacific Wealth Advisors LLC now owns 576 shares of the financial services provider’s stock valued at $307,000 after buying an additional 19 shares during the last quarter. Legacy Capital Wealth Partners LLC raised its stake in shares of Ameriprise Financial by 2.0% during the 3rd quarter. Legacy Capital Wealth Partners LLC now owns 1,022 shares of the financial services provider’s stock valued at $480,000 after buying an additional 20 shares during the last quarter. SRS Capital Advisors Inc. raised its stake in shares of Ameriprise Financial by 40.0% during the 4th quarter. SRS Capital Advisors Inc. now owns 70 shares of the financial services provider’s stock valued at $37,000 after buying an additional 20 shares during the last quarter. Finally, HighPoint Advisor Group LLC grew its position in shares of Ameriprise Financial by 0.8% during the 4th quarter. HighPoint Advisor Group LLC now owns 2,683 shares of the financial services provider’s stock valued at $1,419,000 after acquiring an additional 20 shares during the period. Hedge funds and other institutional investors own 83.95% of the company’s stock.

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.