Is Ameriprise Financial Inc (NYSE: AMP) The Best Stock To Invest In?

After Hours

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility.

Stocks Info

Ameriprise Financial Inc is listed on the NYSE in the Financial sector while operating in the Asset Management industry. The current market capitalization of Ameriprise Financial Inc is $55.48B. A total of 0.52 million shares were traded on the day, compared to an average of 468.70K shares.

In the most recent transaction, Berman Walter Stanley sold 8,655 shares of AMP for 564.16 per share on Nov 11 ’24. After the transaction, the EXECUTIVE VP AND CFO now owns 6,409 company shares. In a previous transaction on Nov 11 ’24, CRACCHIOLO JAMES M sold 8,638 shares at 563.44 per share. AMP shares that CHAIRMAN AND CEO owns now total 159,012.

Among the insiders who sold shares, Sweeney Joseph Edward disposed of 10,735 shares on Nov 08 ’24 at a per-share price of $549.68. This resulted in the PRES-AWM PRODUCTS & SERVICES holding 5,811 shares of AMP after the transaction. In another insider transaction, Walter Stanley Berman bought 8,655 shares at $564.16 per share on Nov 11 ’24.

Dividend

The reasons why investors prefer dividend-paying companies are that dividends generate immediate cash flow and indicate that the company will perform well in the future. Ameriprise Financial Inc pays an annual dividend of $5.79, resulting in a dividend yield of 1.01%, and it has a price to earnings (P/E) ratio of 21.95. AMP’s most recent ex-dividend date was 1.14% when it declared a $1.48 quarterly dividend that was paid in cash on 11/4/2024. Previously, the company paid the dividend on 8/5/2024 with an ex-dividend date of 1.4%. The AMP stock dividend was $1.48 per share in cash.

Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. In terms of 52-week highs and lows, AMP has a high of $577.00 and a low of $378.05.

Balance Sheet Annually/Quarterly

As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information. AMP’s latest balance sheet shows that the firm has $39.30B in Cash & Short Term Investments as of fiscal 2021. Its Book Value Per Share was $58.78, while its Total Shareholder’s Equity was $5.94B.

Analysts Opinion

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for AMP is Buy with a score of 3.54.

Most Popular

Related Posts