What is William Blair’s Forecast for AMP Q1 Earnings?

Ameriprise Financial, Inc. (NYSE:AMP) – Stock analysts at William Blair issued their Q1 2027 earnings per share (EPS) estimates for Ameriprise Financial in a research note issued to investors on Friday, July 25th. William Blair analyst J. Schmitt anticipates that the financial services provider will post earnings per share of $10.61 for the quarter. William Blair has a “Market Perform” rating on the stock. 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 2027 earnings at $10.36 EPS and FY2027 earnings at $42.75 EPS.

Several other brokerages have also weighed in on AMP. Morgan Stanley lowered Ameriprise Financial from an “equal weight” rating to an “underweight” rating and increased their price objective for the company from $462.00 to $530.00 in a report on Tuesday, July 15th. Royal Bank Of Canada increased their price target on Ameriprise Financial from $565.00 to $595.00 and gave the stock an “outperform” rating in a research note on Thursday, July 10th. Piper Sandler boosted their price objective on Ameriprise Financial from $423.00 to $434.00 and gave the company an “underweight” rating in a research note on Thursday, July 3rd. Raymond James Financial upped their price objective on shares of Ameriprise Financial from $518.00 to $582.00 and gave the company a “strong-buy” rating in a report on Friday, July 25th. Finally, Wall Street Zen upgraded shares of Ameriprise Financial from a “sell” rating to a “hold” rating in a research note on Friday, May 30th. Two analysts have rated the stock with a sell rating, five have given a hold rating, one has given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $533.86.

Ameriprise Financial Stock Up 0.5%

Ameriprise Financial stock opened at $521.11 on Monday. The firm has a 50 day moving average price of $522.22 and a 200-day moving average price of $511.20. The company has a quick ratio of 0.60, a current ratio of 0.62 and a debt-to-equity ratio of 0.95. Ameriprise Financial has a twelve month low of $385.74 and a twelve month high of $582.05. The company has a market capitalization of $49.62 billion, a P/E ratio of 16.21, a P/E/G ratio of 1.10 and a beta of 1.23.

Ameriprise Financial (NYSE:AMP) last issued its quarterly earnings results on Thursday, July 24th. The financial services provider reported $9.11 earnings per share for the quarter, topping analysts’ consensus estimates of $9.00 by $0.11. The company had revenue of $4.49 billion for the quarter, compared to the consensus estimate of $4.33 billion. Ameriprise Financial had a net margin of 18.30% and a return on equity of 65.90%. The firm’s quarterly revenue was up 2.2% on a year-over-year basis. During the same period in the previous year, the firm earned $8.72 EPS.

Ameriprise Financial declared that its Board of Directors has authorized a share repurchase program on Thursday, April 24th that allows the company to repurchase $4.50 billion in outstanding shares. This repurchase authorization allows the financial services provider to purchase up to 9.9% of its stock through open market purchases. Stock repurchase programs are generally a sign that the company’s leadership believes its shares are undervalued.

Ameriprise Financial Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, August 18th. Stockholders of record on Monday, August 4th will be given a $1.60 dividend. The ex-dividend date of this dividend is Monday, August 4th. This represents a $6.40 dividend on an annualized basis and a dividend yield of 1.23%. Ameriprise Financial’s dividend payout ratio (DPR) is currently 19.91%.

Hedge Funds Weigh In On Ameriprise Financial

Several hedge funds have recently bought and sold shares of AMP. GAMMA Investing LLC boosted its holdings in Ameriprise Financial by 49,248.9% in the 1st quarter. GAMMA Investing LLC now owns 2,114,108 shares of the financial services provider’s stock valued at $1,023,461,000 after purchasing an additional 2,109,824 shares during the period. JPMorgan Chase & Co. raised its position in shares of Ameriprise Financial by 21.3% in the first quarter. JPMorgan Chase & Co. now owns 5,824,915 shares of the financial services provider’s stock worth $2,819,900,000 after buying an additional 1,023,002 shares in the last quarter. Nuveen LLC bought a new stake in Ameriprise Financial during the first quarter valued at $469,334,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in Ameriprise Financial by 55.0% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 2,244,788 shares of the financial services provider’s stock valued at $1,086,724,000 after buying an additional 796,925 shares during the period. Finally, Goldman Sachs Group Inc. grew its position in Ameriprise Financial by 28.7% during the first quarter. Goldman Sachs Group Inc. now owns 1,195,703 shares of the financial services provider’s stock worth $578,852,000 after buying an additional 266,631 shares in the last quarter. Hedge funds and other 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.