Ameriprise Financial, Inc. (AMP) Stock Price & Analysis
Ameriprise Financial, Inc. (AMP) closed at USD 496.83 on Thursday, October 22, 2026, up 1.29% on the day. The US market is currently closed (pre-market); this is not a live price.
The prior close was USD 490.51; the Oct 22, 2026 session ranged USD 488.69–498.17 on volume of 429,238 shares. Market capitalization is $43.89B, with a 52-week range of USD 422.37–572.56 (NYQ). Source: Nexqual, retrieved October 23, 2026 at 09:16 UTC.
Also available as compact Markdown for AI agents: nexqual.com/AMP.md
Key facts (AMP)
- Last four reported quarters (through Jun 30, 2026): revenue $19.8B, net income $3.95B (19.9% margin), free cash flow $8.06B (SEC filings).
- Valuation: P/E 11.1x (avg 15.2x at the last 3 fiscal year-ends).
- 3 of 80 tracked superinvestors hold AMP (13F, Q2 2026): 1 new, 1 added, 0 reduced, 1 unchanged.
- Insider open-market sales, last ~7 months: 7 Form 4 filings, $29.7M; 7 not under a Rule 10b5-1 plan ($29.7M); 0 by opportunistic insiders, 1 by routine insiders (three-year test, Cohen, Malloy & Pomorski 2012).
- Analysts: Hold (mean 2.86 on a 1–5 scale) (14 analysts), mean target USD 554.64 (range 445–638).
- Total return with dividends: 1Y +5.3% vs S&P 500 +14.9%; 5Y +79.2% vs S&P 500 +80.3%.
- Next earnings: 2026-10-29, EPS estimate USD 11.77, revenue estimate $5.08B.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (AMP)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $13.4B | $14.3B | $16.1B | $17.9B | $18.9B | $19.8B |
| Net income | $3.42B | $3.15B | $2.56B | $3.40B | $3.56B | $3.95B |
| EPS (diluted) | $28.48 | $27.70 | $23.71 | $33.05 | $36.28 | — |
| Free cash flow | $3.21B | $4.22B | $4.50B | $6.42B | $8.16B | $8.06B |
| Net margin | 25.5% | 22.0% | 15.9% | 19.0% | 18.8% | 19.9% |
| Revenue growth | +12.0% | +7.1% | +12.3% | +11.4% | +5.5% | — |
| Cash + short-term investments | $9.57B | $8.76B | $8.62B | $9.49B | $11.2B | — |
Fiscal years end Dec. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jun 30, 2026) (AMP)
P/E 11.1x · P/S 2.2x · P/FCF 5.4x · P/B 6.9x · FCF yield 18.37% · Earnings yield 9.00% · Dividend yield (paid, TTM) 1.37% · Buyback yield (TTM) 7.40%
P/E at fiscal year-ends: Dec 2025 13.5x, Dec 2024 16.1x, Dec 2023 16.0x.
Superinvestors (SEC 13F-HR, Q2 2026) (AMP)
3 of 80 tracked investors hold AMP. Each row is the investor's latest 13F; change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change |
|---|---|---|---|---|
| Mairs & Power | Mairs & Power Funds | 0.90% | $98.2M | Added +8.6% |
| Bill Miller | Miller Value Partners | 0.48% | $2.0M | New position |
| Dodge & Cox Funds | Dodge & Cox | <0.01% | $688K | Unchanged |
Insider sales (SEC Form 4, open-market, last ~7 months) (AMP)
0 of 7 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.
| Trade date | Insider | Role | Shares | Value | % of holdings sold | 10b5-1 plan | Insider type |
|---|---|---|---|---|---|---|---|
| 2026-08-10 | Brockman Dawn M. | SVP AND CONTROLLER | 472 | $264K | 35.4% | No | Too little history (no open-market trades in 2023 or 2025) |
| 2026-08-06 | McGraw Deirdre Davey | EVP Mktg, Strat. & Comms. | 2,400 | $1.3M | 37.5% | No | Too little history (no open-market trades in 2023–2025) |
| 2026-07-28 | Cracchiolo James M | CHAIRMAN AND CEO | 18,020 | $9.8M | 14.1% | No | Too little history (no open-market trades in 2025) |
| 2026-07-28 | Berman Walter Stanley | EXECUTIVE VP AND CFO | 11,012 | $6.0M | 64.8% | No | Routine (sold in Feb each year 2023–2025; this trade is outside those months) |
| 2026-07-27…2026-07-28 | Williams William Jerryl | Pres, Wealth Mgmt Advisor Grp | 16,104 | $8.7M | 70.4% | No | Too little history (no open-market trades in 2023–2025) |
| 2026-05-14 | Smyth Gerard P. | EVP & Hd. of Tech. & Serv. Del | 6,255 | $3.0M | 50.6% | No | Too little history (no open-market trades in 2025) |
| 2026-05-08 | Sharpe Robert Francis Jr | Director | 1,200 | $559K | 9.2% | No | Too little history (no open-market trades in 2023) |
% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).
Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.
Analysts (AMP)
Consensus Hold (mean 2.86 on a 1–5 scale), 14 analysts; mean target USD 554.64 (low 445, high 638).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-19 | B of A Securities | Downgrade | Buy → Underperform | $570 → $445 |
| 2026-10-09 | Morgan Stanley | Target lowered | Underweight | $489 → $483 |
| 2026-10-07 | Evercore ISI Group | Target raised | In-Line | $623 → $632 |
| 2026-10-06 | BMO Capital | Target lowered | Market Perform | $560 → $520 |
| 2026-07-31 | Argus Research | Target raised | Buy | $534 → $590 |
| 2026-07-24 | Keefe, Bruyette & Woods | Target raised | Market Perform | $515 → $545 |
| 2026-07-24 | RBC Capital | Target raised | Outperform | $560 → $595 |
| 2026-07-13 | Evercore ISI Group | Target raised | In-Line | $589 → $625 |
| 2026-07-13 | Piper Sandler | Target raised | Neutral | $471 → $518 |
| 2026-07-10 | Morgan Stanley | Target raised | Underweight | $467 → $489 |
| 2026-07-10 | Jefferies | Target raised | Buy | $636 → $645 |
Total return (dividends reinvested) (AMP)
| 1Y (from 2025-10-23) | 5Y (from 2021-10-18) | |
|---|---|---|
| Total return | +5.3% | +79.2% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | +5.3% | +12.3% |
| Volatility (annualized) | 26.3% | 27.8% |
| Max drawdown | -20.9% (Feb 2026→Apr 2026) | -29.3% (Jan 2022→Jul 2022) |
AMP revenue by business segment (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Advice & Wealth Management | $2.85B | 73.3% | +18.2% |
| Asset Management | $936.0M | 24.1% | +15.1% |
| Retirement & Protection Solutions | $102.0M | 2.6% | +9.7% |
| Total revenue | $3.89B | 100% | — |
AMP revenue by product line (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Management and financial advice fees | $3.07B | 78.8% | +17.9% |
| — Advisory fees (part of Management and financial advice fees) | $1.86B | 47.8% | +22.5% |
| — Distribution fees (part of Management and financial advice fees) | $573.0M | 14.7% | +14.1% |
| — Insurance and annuity (part of Management and financial advice fees) | $281.0M | 7.2% | +8.9% |
| — Mutual funds (part of Management and financial advice fees) | $244.0M | 6.3% | +15.1% |
| — Transaction and other fees (part of Management and financial advice fees) | $105.0M | 2.7% | +5.0% |
| Other products | $138.0M | 3.5% | +27.8% |
| Financial planning fees | $126.0M | 3.2% | +5.0% |
| Other revenues | $77.0M | 2.0% | +8.5% |
| Off-balance sheet brokerage cash | $21.0M | 0.5% | -16.0% |
| Total revenue | $3.89B | 100% | — |
As tagged by the company in its SEC 10-Q / 10-K filings (XBRL).
AMP company outlook (results filed Jul 23, 2026)
- “Fixed Annuities pretax adjusted operating loss was in line with expectations at $8 million.”
- “The operating effective tax rate is expected to be 20 to 22 percent for the full year 2026.”
Quoted word-for-word from the SEC 8-K results press release.
AMP analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Sep 2026) | $11.77 | $11.37 | +3.5% | $5.08B | 12 |
| Next quarter (ends Dec 2026) | $12.35 | $11.84 | +4.3% | $5.21B | 11 |
| Current fiscal year (ends Dec 2026) | $46.44 | $45.40 | +2.3% | $20.00B | 13 |
| Next fiscal year (ends Dec 2027) | $51.50 | $49.85 | +3.3% | $21.21B | 13 |
AMP options: expected move
Options price a move of about ±7.3% (±$36.25) by Nov 20, 2026, which includes earnings on Oct 29, 2026. Over the last 8 reports the stock moved ±3% on average.
| Expiration | Days | ATM implied volatility | Expected move |
|---|---|---|---|
| Nov 20, 2026 | 28 | 32.2% | ±7.3% |
| Dec 18, 2026 | 56 | 29.8% | ±9.4% |
| Mar 19, 2027 | 147 | 29.7% | ±15.0% |
| Jun 17, 2027 | 237 | 29.3% | ±18.8% |
30-day implied volatility 33.4% vs 26.9% realized over the last 30 trading days. Put/call ratio (volume) 2.68. Cboe delayed quotes (15 min). Expected move = at-the-money straddle.
Key Statistics (as of October 23, 2026 at 09:16 UTC)
| Price | USD 496.83 |
|---|---|
| Change | ▲ 1.29% (up) |
| Previous Close | USD 490.51 |
| Open | USD 486.14 |
| Day Range | USD 488.69 – 498.17 |
| 52-Week Range | USD 422.37 – 572.56 |
| Volume | 429,238 shares |
| Market Cap | $43.89B |
| Exchange | NYQ |
Technical Analysis (AMP)
Nexqual's technical model rates AMP "SELL" based on 1 bullish and 4 bearish signals across 127 daily candles, as of October 23, 2026 at 09:16 UTC.
| Overall Signal | SELL |
|---|---|
| RSI (14) | 41.98 (neutral) |
| vs SMA50 | Below (USD 527.9) |
| MACD | -9.06 (negative) |
Analyst Ratings (AMP)
Wall Street analysts rate AMP "Hold" based on 14 analysts, with a mean price target of USD 554.64 (range USD 445–638), per Nexqual as of October 23, 2026 at 09:16 UTC.
| Consensus Rating | Hold |
|---|---|
| Analyst Count | 14 |
| Mean Target | USD 554.64 |
| High Target | USD 638 |
| Low Target | USD 445 |
| Buy / Hold / Sell | 4 / 8 / 2 |
Earnings (AMP)
| Next Earnings Date | 2026-10-29 |
|---|---|
| EPS Estimate | USD 11.77 |
| Revenue Estimate | $5.08B |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD 11.07 vs est 10.81 ▲ beat |
| 2026-03-31 | USD 11.26 vs est 10.21 ▲ beat |
| 2025-12-31 | USD 10.83 vs est 10.31 ▲ beat |
| 2025-09-30 | USD 9.87 vs est 9.76 ▲ beat |
Source: Nexqual, October 23, 2026 at 09:16 UTC.
Financials & Fundamentals (AMP)
| Total Revenue | $19.84B |
|---|---|
| Revenue Growth (latest quarter, YoY) | +11.60% |
| Gross Margin | +54.93% |
| Operating Margin | +30.72% |
| Profit Margin | +19.90% |
| ROE | +63.43% |
| Debt / Equity | 0.68 |
| Current Ratio | 2.18 |
| Total Cash | $10.30B |
| Total Debt | $4.30B |
| Free Cash Flow (last four quarters to Jun 2026, SEC 10-Q / 10-K) | $8.06B (40.6% of revenue) |
Source: Nexqual, October 23, 2026 at 09:16 UTC.
Financial Health Score (AMP)
Nexqual rates Ameriprise Financial, Inc.'s overall financial health "Strong" across five dimensions, as of October 23, 2026 at 09:16 UTC.
| Growth | Solid — Revenue +7% YoY (annual) |
|---|---|
| Profitability | Strong — Gross margin 55%, operating 31% (last 12 months) |
| Balance Sheet | Strong — $10.3B cash vs $4.30B debt, net cash position |
| Cash Flow | Strong — FCF $8.06B (last 4 quarters to Jun 2026, SEC), 41% margin |
| Efficiency | Strong — ROE 63%, ROA 2.3% |
Ownership (AMP)
| Insider Ownership | +0.18% |
|---|---|
| Institutional Ownership | +91.77% |
| Shares Outstanding | 88.33M |
| Float | 87.96M |
| Short % of Float | +3.95% |
Source: Nexqual, October 23, 2026 at 09:16 UTC.
Leadership (AMP)
Ameriprise Financial, Inc. is led by James M. Cracchiolo C.P.A., Chairman & CEO, per Nexqual as of October 23, 2026 at 09:16 UTC.
| Chairman & CEO | James M. Cracchiolo C.P.A. |
|---|---|
| Executive VP, CFO & Chief Risk Officer | Walter S. Berman |
| Executive Vice President of Marketing, Strategy & Communications | Deirdre D. Davey McGraw |
| Executive Vice President of Human Resources | Kelli Ann Hunter Petruzillo |
Major Backers & Investors (AMP)
Notable institutional backers of Ameriprise Financial, Inc. include Aristotle Capital Management, LLC, Morgan Stanley, Goldman Sachs, according to Nexqual as of October 23, 2026 at 09:16 UTC.
Active Investors
| Investor | Stake |
|---|---|
| Aristotle Capital Management, LLC | 2.32% |
| Morgan Stanley | 1.94% |
| Goldman Sachs | 1.83% |
| AQR Capital Management, LLC | 1.47% |
| Fidelity | 1.3% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| Vanguard Group | 12.32% |
| BlackRock | 8.83% |
| State Street | 5.2% |
| Geode Capital | 3.07% |
| Nuveen | 1.66% |
Source: Nexqual, October 23, 2026 at 09:16 UTC.
From Ameriprise Financial, Inc.'s Latest SEC 10-K Filing (filed 2026-02-19)
Key Strengths & Strategy (as disclosed to the SEC)
- Our integrated model leverages key business linkages to drive growth and consistency across market cycles.
- Our closed block of LTC policies was sold on a guaranteed renewable basis which allows us to re-price in force policies, subject to regulatory approval.
- In general, since very little of our LTC business is subject to rate stability regulation, we have historically followed a policy of pursuing smaller, more frequent increases in order to align policyholder and historic shareholder objectives but modified our approach in 2019 to seek larger increases as an additional method to manage our LTC business.
Partnerships
- Our Advice & Wealth Management segment competes with securities broker-dealers, independent broker-dealers, financial planning firms, registered investment advisers, insurance companies and other banks and financial institutions to attract and retain financial advisors and clients.
- In this regard, we are subject to additional registration and reporting requirements with respect to certain registered investment companies and other pooled vehicles that use or trade in futures, swaps and other derivatives that are subject to CFTC regulation.
Legal & Regulatory Risks (Item 1A, quoted)
- Legal and regulatory actions are inherent in our businesses and could result in financial losses or harm our businesses.
- We are, and in the future may be, subject to legal and regulatory actions in the ordinary course of our operations, both domestically and internationally.
- Our businesses are heavily regulated, and changes to the laws and regulations applicable to our businesses may have an adverse effect on our operations, reputation and financial condition.
- Failure to meet one or more of these requirements could, depending on the violation, limit our ability to undertake new activities, continue certain activities, or make acquisitions other than those permitted generally for bank holding companies.
Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| STT | State Street Corporation | USD 167.84 | ▼ 0.66% |
| ARES | Ares Management Corporation | USD 123.7 | ▲ 5.72% |
| RJF | Raymond James Financial, Inc. | USD 159.19 | ▲ 2.25% |
| NTRS | Northern Trust Corporation | USD 165.82 | ▼ 0.65% |
| APO | Apollo Global Management, Inc. | USD 114.83 | ▲ 2.81% |
| BAM | Brookfield Asset Management Inc | USD 47.64 | ▲ 3.45% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 09:16 UTC. This page is informational and not investment advice.
For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt