Understanding Ameriprise Stock Value and Growth Prospects

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Ameriprise Financial, the parent company of Ameriprise stock, has seen significant growth in recent years. The company's financial services business has been expanding rapidly, driven by the increasing demand for financial planning and investment services.

Ameriprise stock has consistently delivered strong returns to investors, with a compound annual growth rate (CAGR) of 10% over the past five years. This growth is attributed to the company's diversified product offerings and its focus on providing high-quality financial services to its clients.

Ameriprise Financial's revenue has been steadily increasing, reaching $11.2 billion in 2020, a 12% increase from the previous year. This growth is expected to continue as the company expands its presence in the financial services market.

Curious to learn more? Check out: Ameriprise Stock Price History

Financial Data

Ameriprise stock has seen a steady increase in sales per share over the years, with a notable jump from 126.61 in 2022 to 149.54 in 2023.

The P/E ratio has been relatively stable, ranging from 11.97 in 2019 to 16.02 in 2023.

Credit: youtube.com, Ameriprise Financial Stock Analysis (7 minute First Look) - $AMP

The company's dividend yield has fluctuated, peaking at 3.38% in 2018 and dropping to 1.40% in 2023.

Here's a breakdown of the key financial data:

The equity ratio has been decreasing over the years, from 3.54% in 2020 to 2.70% in 2023, indicating a higher level of debt.

USD Data

Let's take a closer look at the financial data for this company. The sales per share has been steadily increasing, reaching $149.54 in 2023, up from $126.61 in 2022.

The P/E ratio has been relatively stable, ranging from 13.12 to 16.02 in the past few years. In 2023, the P/E ratio was 16.02, both for basic and diluted EPS.

The dividend yield has been decreasing over the years, with a rate of 1.40% in 2023, down from 1.57% in 2022.

The equity ratio has been relatively low, ranging from 2.28% to 3.23% in the past few years. In 2023, the equity ratio was 2.70%.

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Here's a summary of the key data in USD for 2023:

The company's income statements show a steady increase in sales, with a 11.98% change in 2023. The gross profit on sales has also been increasing, with a 13.33% change in 2023.

The operating income has been relatively stable, ranging from $2,540.00 to $3,558.00 in the past few years. In 2023, the operating income was $3,558.00.

Here's a summary of the income statements in Mio. USD for 2023:

Advisor and Asset-Based Fees to Drive Growth

Ameriprise Financial is pointing to growth in advisors and assets managed, which should drive fees revenue as expense growth has been under 1%. This is a significant trend, especially considering the company's experience with low costs.

The company's advisor and asset-based fees are expected to drive further growth, with a macro environment of Fed rate cuts that should lower interest expenses.

In fact, Ameriprise Financial's growth in advisors and assets managed has been impressive, with a 15% 3-Year Revenue Growth Rate, according to their Growth Rank.

Here are some key statistics that illustrate this growth:

This growth is expected to continue, with a Future 3-5Y Total Revenue Growth Rate Estimate of 7.87%.

Stock Performance

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Ameriprise stock has shown significant growth over the years, with a 12.29% increase in revenue in 2023 to $16.10 billion. This growth is a testament to the company's strong financial performance.

The all-time high Ameriprise Financial stock closing price was $574.01 on November 26, 2024, which is a notable milestone for the company. The average Ameriprise Financial stock price for the last 52 weeks is $460.78, providing a benchmark for investors.

In terms of momentum, the 12-1 Month Momentum % is 37.64, indicating a strong upward trend in the stock's price over the past year.

If this caught your attention, see: Fiserv Inc Stock

Performance

Ameriprise Financial's stock price has seen significant fluctuations over the years, with an all-time high of $574.01 on November 26, 2024.

The company's average stock price for the last 52 weeks is $460.78, with a 52-week high of $577.00 and a 52-week low of $378.06.

Ameriprise Financial's annual stock price data shows a steady increase in the company's stock price over the years, with an average annual growth rate of 24.6% from 2019 to 2024.

Here's a breakdown of the company's average stock price and annual growth rate for each year:

Ameriprise Financial's market capitalization has also seen significant growth, reaching $54.477 billion as of the latest available data.

GF Value Rank

Credit: youtube.com, Difference Between GF Value and Valuation Rank

The GF Value Rank is a crucial metric to evaluate a stock's performance. It's a way to determine if a stock is undervalued or overvalued compared to its intrinsic value.

To calculate the GF Value Rank, you need to look at the stock's current price and compare it to its intrinsic value. The GF Value Rank is then determined by comparing this intrinsic value to the current market price.

A GF Value Rank of 1.23 indicates that the stock is trading at a discount to its intrinsic value. This suggests that the stock may be undervalued and presents a buying opportunity.

The GF Value Rank is just one of many metrics to consider when evaluating a stock's performance. It's essential to combine this metric with other fundamental analysis tools to get a comprehensive view of the stock.

Here's a comparison of the GF Value Rank to other valuation metrics:

As you can see, the GF Value Rank is closely aligned with the Price-to-GF-Value metric, indicating that the stock is indeed trading at a discount to its intrinsic value.

Dividend Information

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Ameriprise stock has a long history of paying dividends, with the company declaring a quarterly cash dividend of $1.48 per common share payable on February 28, 2025.

The dividend payout ratio is relatively low at 0.17, indicating that the company is retaining a significant portion of its earnings.

Ameriprise Financial has a 3-year dividend growth rate of 9%, which is a healthy indicator of the company's ability to sustain and grow its dividend payments over time.

Here's a breakdown of the company's dividend history:

The dividend yield has fluctuated over the years, but it has generally remained above 1%. This suggests that investors can expect a relatively stable and attractive dividend income from Ameriprise stock.

Frequently Asked Questions

Is Ameriprise a publicly traded company?

Yes, Ameriprise Financial is a publicly traded company, resulting from the 6th largest spin-off in U.S. history. This separation made it an independent company, owned by the public.

Is Ameriprise a buy or sell?

Ameriprise Financial has a consensus "hold" rating from Wall Street analysts, with 4 buy and 1 sell ratings. Investors are advised to hold onto their AMP shares based on current analyst consensus.

Who is the largest shareholder of Ameriprise?

The largest shareholders of Ameriprise include Vanguard Group Inc, BlackRock, Inc., and State Street Corp, among others. These institutional investors hold significant stakes in the company.

What is the forecast for AMP stock?

According to 7 Wall Street analysts, the average 12-month price target for AMP stock is $557.83, representing a 5.04% change from its current price. This forecast ranges from a high of $630.00 to a low of $415.00.

What is the symbol for Ameriprise Financial?

The ticker symbol for Ameriprise Financial is AMP. This is the unique code used to identify Ameriprise Financial stock on financial markets.

Sean Dooley

Lead Writer

Sean Dooley is a seasoned writer with a passion for crafting engaging content. With a strong background in research and analysis, Sean has developed a keen eye for detail and a talent for distilling complex information into clear, concise language. Sean's portfolio includes a wide range of articles on topics such as accounting services, where he has demonstrated a deep understanding of financial concepts and a ability to communicate them effectively to diverse audiences.

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