Q1 EPS Forecast for Ameriprise Financial Reduced by Analyst

Ameriprise Financial, Inc. (NYSE:AMP) – Research analysts at William Blair decreased their Q1 2025 earnings per share estimates for shares of Ameriprise Financial in a note issued to investors on Monday, April 14th. William Blair analyst J. Schmitt now forecasts that the financial services provider will post earnings per share of $9.26 for the quarter, down from their prior estimate of $9.43. The consensus estimate for Ameriprise Financial’s current full-year earnings is $38.64 per share. William Blair also issued estimates for Ameriprise Financial’s Q2 2025 earnings at $9.10 EPS, FY2025 earnings at $37.60 EPS and FY2026 earnings at $41.50 EPS.

AMP has been the topic of several other reports. Keefe, Bruyette & Woods cut their target price on Ameriprise Financial from $570.00 to $520.00 and set a “market perform” rating on the stock in a research note on Wednesday, April 9th. Royal Bank of Canada reissued an “outperform” rating and issued a $625.00 price target on shares of Ameriprise Financial in a research report on Monday, February 3rd. Piper Sandler increased their price objective on shares of Ameriprise Financial from $415.00 to $442.00 and gave the company an “underweight” rating in a research report on Friday, January 31st. Morgan Stanley increased their price target on shares of Ameriprise Financial from $507.00 to $542.00 and gave the company an “equal weight” rating in a report on Tuesday, March 4th. Finally, UBS Group downgraded Ameriprise Financial from a “buy” rating to a “neutral” rating and cut their target price for the company from $580.00 to $570.00 in a research note on Monday, January 6th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, Ameriprise Financial presently has an average rating of “Hold” and a consensus price target of $517.44.

Ameriprise Financial Trading Down 2.8 %

NYSE:AMP opened at $463.11 on Tuesday. The firm has a market capitalization of $44.51 billion, a P/E ratio of 14.01, a P/E/G ratio of 1.15 and a beta of 1.23. Ameriprise Financial has a 52 week low of $385.74 and a 52 week high of $582.05. The company has a quick ratio of 0.59, a current ratio of 0.59 and a debt-to-equity ratio of 1.01. The company has a fifty day moving average of $496.97 and a 200 day moving average of $522.75.

Ameriprise Financial (NYSE:AMP) last issued its earnings results on Wednesday, January 29th. The financial services provider reported $9.36 earnings per share 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%.

Hedge Funds Weigh In On Ameriprise Financial

Several large investors have recently added to or reduced their stakes in the company. University of Texas Texas AM Investment Management Co. purchased a new stake in shares of Ameriprise Financial in the 4th quarter worth $26,000. TCTC Holdings LLC purchased a new stake in Ameriprise Financial in the fourth quarter worth about $26,000. Rialto Wealth Management LLC purchased a new position in Ameriprise Financial during the 4th quarter valued at about $28,000. Whipplewood Advisors LLC bought a new stake in shares of Ameriprise Financial in the 4th quarter valued at about $28,000. Finally, Wingate Wealth Advisors Inc. purchased a new stake in shares of Ameriprise Financial in the 4th quarter worth approximately $30,000. Hedge funds and other institutional investors own 83.95% of the company’s stock.

Insider Activity

In related news, 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 transaction, the chief executive officer now directly owns 14,023 shares of the company’s stock, valued at approximately $7,576,486.67. This trade represents a 29.97 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Robert Francis Sharpe, Jr. sold 1,000 shares of the business’s stock in a transaction dated Wednesday, February 12th. The shares were sold at an average price of $523.12, for a total value of $523,120.00. Following the sale, 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 position. The disclosure for this sale can be found here. Insiders sold 11,636 shares of company stock valued at $6,263,989 in the last quarter. 0.73% of the stock is currently owned by insiders.

Ameriprise Financial Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, February 28th. Shareholders of record on Monday, February 10th were given a $1.48 dividend. The ex-dividend date of this dividend was Monday, February 10th. This represents a $5.92 annualized dividend and a yield of 1.28%. Ameriprise Financial’s payout ratio is 17.91%.

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.