Ameriprise Financial, Inc. (NYSE:AMP – Free Report) – Equities researchers at Zacks Research lowered their Q1 2025 earnings estimates for Ameriprise Financial in a research note issued to investors 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 previous 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.
Ameriprise Financial (NYSE:AMP – Get Free Report) last announced its quarterly earnings data on Thursday, April 24th. The financial services provider reported $9.50 EPS for the quarter, beating analysts’ consensus estimates of $9.17 by $0.33. The firm had revenue of $4.35 billion for the quarter, compared to analyst estimates of $4.45 billion. Ameriprise Financial had a return on equity of 69.35% and a net margin of 19.70%.
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Ameriprise Financial Price Performance
Ameriprise Financial stock opened at $473.04 on Wednesday. The business’s 50-day simple moving average is $488.46 and its 200 day simple moving average is $522.22. 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 stock has a market cap of $45.32 billion, a price-to-earnings ratio of 14.31, a P/E/G ratio of 1.15 and a beta of 1.23. Ameriprise Financial has a 12-month low of $385.74 and a 12-month high of $582.05.
Ameriprise Financial Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Friday, February 28th. Stockholders of record on Monday, February 10th were given a dividend of $1.48 per share. This represents a $5.92 dividend on an annualized basis and a dividend yield of 1.25%. The ex-dividend date of this dividend was Monday, February 10th. Ameriprise Financial’s dividend payout ratio is currently 17.91%.
Ameriprise Financial announced that its Board of Directors has initiated a share repurchase program on Thursday, April 24th that authorizes the company to buyback $4.50 billion in outstanding shares. This buyback authorization authorizes the financial services provider to reacquire up to 9.9% of its stock through open market purchases. Stock buyback programs are often an indication that the company’s leadership believes its stock is undervalued.
Insider Activity
In other Ameriprise Financial news, Director Robert Francis Sharpe, Jr. sold 1,000 shares of Ameriprise Financial 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 sale, the director now owns 10,000 shares of the company’s stock, valued at $5,231,200. This trade represents a 9.09 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Joseph Edward Sweeney sold 4,636 shares of the company’s 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 transaction, the insider now directly owns 7,237 shares of the company’s stock, valued at $3,901,249.59. This represents a 39.05 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 11,636 shares of company stock worth $6,263,989 in the last 90 days. Corporate insiders own 0.73% of the company’s stock.
Institutional Investors Weigh In On Ameriprise Financial
Several institutional investors have recently bought and sold shares of AMP. TCTC Holdings LLC bought a new stake in shares of Ameriprise Financial in the fourth quarter worth $26,000. University of Texas Texas AM Investment Management Co. bought a new stake in Ameriprise Financial during the fourth quarter worth about $26,000. Whipplewood Advisors LLC bought a new stake in Ameriprise Financial during the fourth quarter worth about $28,000. Rialto Wealth Management LLC acquired a new position in Ameriprise Financial during the fourth quarter valued at approximately $28,000. Finally, Wingate Wealth Advisors Inc. bought a new position in Ameriprise Financial in the fourth quarter valued at approximately $30,000. Institutional investors own 83.95% of the company’s stock.
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.
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