La cadena de opciones muestra datos clave de las opciones de acciones de Ameriprise Finl a varios precios de ejercicio y fechas de vencimiento. Los operadores utilizan esta información para analizar posibles operaciones y evaluar el sentimiento del mercado para Ameriprise Finl..

Ameriprise Finl (NYSE:AMP) Bolsa, Cadena de Opciones

Ameriprise Finl

Ameriprise Financial is a major player in the us market for asset and wealth management, with around $1.4 trillion in total assets under management and administration at the end of 2023. With about 10,000 advisors, Ameriprise has one of the largest branded advisor networks in the industry. About 80% of the company's revenue comes from its asset and wealth management segments. Ameriprise has reduced its exposure to insurance with the sale of its auto and home insurance business in 2019 and discontinuing the sale of proprietary fixed annuities in 2020.

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Ameriprise Finl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMP#NYSE">AMP</a>) is set to give its latest quarterly earnings report on Wednesday, 2024-10-23. Here's what investors need to know before the announcement.
Analysts estimate that Ameriprise Finl will report an earnings per share (EPS) of $8.83. 
Ameriprise Finl bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
<h3>Historical Earnings Performance</h3>
During the last quarter, the company reported an EPS beat by $0.19, leading to a 4.11% increase in the share price on the subsequent day.
Here's a look at Ameriprise Finl's past performance and the resulting price change:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q2 2024</th>
<th>Q1 2024</th>
<th>Q4 2023</th>
<th>Q3 2023</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>8.53</td>
<td>8.20</td>
<td>7.69</td>
<td>7.57</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>8.72</td>
<td>8.39</td>
<td>7.75</td>
<td>7.68</td>
</tr>
<tr>
<td>Price Change %</td>
<td>4.0%</td>
<td>-3.0%</td>
<td>0.0%</td>
<td>3.0%</td>
</tr>
</tbody>
</table>

<img src="https://www.benzinga.com/files/images/story/2024/1729616512_0.png" alt="eps graph" />
<h3>Market Performance of Ameriprise Finl's Stock</h3>
Shares of Ameriprise Finl were trading at $522.64 as of October 21. Over the last 52-week period, shares are up 69.08%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release. 
<h3>Analyst Observations about Ameriprise Finl</h3>
For investors, staying informed about market sentiments and expectations in the industry is paramount. This analysis provides an exploration of the latest insights on Ameriprise Finl.
A total of 6 analyst ratings have been received for Ameriprise Finl, with the consensus rating being Neutral. The average one-year price target stands at $498.67, suggesting a potential 4.59% downside.
<h3>Comparing Ratings with Competitors</h3>
In this analysis, we delve into the analyst ratings and average 1-year price targets of T. Rowe Price Gr, Brookfield and Blue Owl Cap, three key industry players, offering insights into their relative performance expectations and market positioning.
<ul>
<li>For T. Rowe Price Gr, analysts project an Neutral trajectory, with an average 1-year price target of $110.83, indicating a potential 78.79% downside.</li>
<li>The consensus among analysts is an Outperform trajectory for Brookfield, with an average 1-year price target of $50.96, indicating a potential 90.25% downside.</li>
<li>Analysts currently favor an Outperform trajectory for Blue Owl Cap, with an average 1-year price target of $22.39, suggesting a potential 95.72% downside.</li>
</ul>
<h3>Analysis Summary for Peers</h3>
In the peer analysis summary, key metrics for T. Rowe Price Gr, Brookfield and Blue Owl Cap are highlighted, providing an understanding of their respective standings within the industry and offering insights into their market positions and comparative performance.

<table>
<thead>
<tr>
<th>Company</th>
<th>Consensus</th>
<th>Revenue Growth</th>
<th>Gross Profit</th>
<th>Return on Equity</th>
</tr>
</thead>
<tbody>
<tr>
<td>Ares Management</td>
<td>Neutral</td>
<td>-20.67%</td>
<td>$718.06M</td>
<td>5.04%</td>
</tr>
<tr>
<td>T. Rowe Price Gr</td>
<td>Neutral</td>
<td>7.65%</td>
<td>$911.50M</td>
<td>4.77%</td>
</tr>
<tr>
<td>Brookfield</td>
<td>Outperform</td>
<td>-2.61%</td>
<td>$3.90B</td>
<td>0.00%</td>
</tr>
<tr>
<td>Blue Owl Cap</td>
<td>Outperform</td>
<td>31.88%</td>
<td>$322.75M</td>
<td>2.00%</td>
</tr>
</tbody>
</table>

Key Takeaway:
Ameriprise Finl ranks in the middle for consensus rating. It ranks at the bottom for revenue growth. It ranks at the top for gross profit. It ranks in the middle for return on equity.
<h3>Delving into Ameriprise Finl's Background</h3>
Ameriprise Financial is a major player in the us market for asset and wealth management, with around $1.4 trillion in total assets under management and administration at the end of 2023. With about 10,000 advisors, Ameriprise has one of the largest branded advisor networks in the industry. About 80% of the company's revenue comes from its asset and wealth management segments. Ameriprise has reduced its exposure to insurance with the sale of its auto and home insurance business in 2019 and discontinuing the sale of proprietary fixed annuities in 2020.
<h3>Financial Insights: Ameriprise Finl</h3>
Market Capitalization Highlights: Above the industry average, the company's market capitalization signifies a significant scale, indicating strong confidence and market prominence.
Revenue Growth: Ameriprise Finl displayed positive results in 3 months. As of 30 June, 2024, the company achieved a solid revenue growth rate of approximately 8.88%. This indicates a notable increase in the company's top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Financials sector.
Net Margin: Ameriprise Finl's net margin is below industry averages, indicating potential challenges in maintaining strong profitability. With a net margin of 19.64%, the company may face hurdles in effective cost management.
Return on Equity (ROE): The company's ROE is a standout performer, exceeding industry averages. With an impressive ROE of 16.79%, the company showcases effective utilization of equity capital.
Return on Assets (ROA): The company's ROA is below industry benchmarks, signaling potential difficulties in efficiently utilizing assets. With an ROA of 0.46%, the company may need to address challenges in generating satisfactory returns from its assets.
Debt Management: Ameriprise Finl's debt-to-equity ratio is below the industry average at 1.2, reflecting a lower dependency on debt financing and a more conservative financial approach.
<a href="https://www.benzinga.com/quote/AMP/earnings">To track all earnings releases for Ameriprise Finl visit their earnings calendar on our site.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Earnings

Ameriprise Finl's Earnings: A Preview

In the current market session, Ameriprise Finl Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMP#NYSE">AMP</a>) stock price is at $520.84, after a 0.11% decrease. However, over the past month, the company's stock spiked by 13.08%, and in the past year, by 67.28%. Shareholders might be interested in knowing whether the stock is overvalued, even if the company is not performing up to par in the current session. 

<img src="https://www.benzinga.com/files/images/story/2024/1729260047_0.png" alt="Past Year Chart" />

<h3>Ameriprise Finl P/E Ratio Analysis in Relation to Industry Peers</h3>
The P/E ratio measures the current share price to the company's EPS. It is used by long-term investors to analyze the company's current performance against it's past earnings, historical data and aggregate market data for the industry or the indices, such as S&amp;P 500. A higher P/E indicates that investors expect the company to perform better in the future, and the stock is probably overvalued, but not necessarily. It also could indicate that investors are willing to pay a higher share price currently, because they expect the company to perform better in the upcoming quarters. This leads investors to also remain optimistic about rising dividends in the future. 
Compared to the aggregate P/E ratio of the 31.39 in the Capital Markets industry, Ameriprise Finl Inc. has a lower P/E ratio of 17.84. Shareholders might be inclined to think that the stock might perform worse than it's industry peers. It's also possible that the stock is undervalued. 

<img src="https://www.benzinga.com/files/images/story/2024/1729260047_1.png" alt="Guage" />

In summary, while the price-to-earnings ratio is a valuable tool for investors to evaluate a company's market performance, it should be used with caution. A low P/E ratio can be an indication of undervaluation, but it can also suggest weak growth prospects or financial instability. Moreover, the P/E ratio is just one of many metrics that investors should consider when making investment decisions, and it should be evaluated alongside other financial ratios, industry trends, and qualitative factors. By taking a comprehensive approach to analyzing a company's financial health, investors can make well-informed decisions that are more likely to lead to successful outcomes.

News

Intraday Update

Markets

P/E Ratio Insights for Ameriprise Finl

Seagate Technology Holdings plc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/stx#NASDAQ">STX</a>) is scheduled to report first-quarter fiscal 2025 earnings on Oct. 22.
The Zacks Consensus Estimate for first-quarter fiscal 2025 earnings has been revised upwards by 2.1% in the past 60 days at $1.48 per share. The company reported a non-GAAP loss per share of 22 cents in the prior year quarter. The Zacks Consensus Estimate for revenues is currently pegged at $2.11 billion, indicating a 44.8% uptick from the year-ago actual.
Management anticipates first-quarter fiscal 2025 revenues to be $2.1 billion (+/- $150 million). Non-GAAP earnings are expected to be $1.40 per share (+/- 20 cents).
STX&#39;s earnings beat the Zacks Consensus Estimate in three of the last four quarters and missed the remaining occasion. The average earnings surprise is 80.9%.
<h2>Factors Shaping the Upcoming Results of Seagate</h2>
Seagate expects incremental increases in mass capacity demand, owing to strengthening demand from global cloud customers and modest improvement in the nearline enterprise market. Nearline cloud revenues have been driven by improving sales to cloud service providers and steadying enterprise demand. Also, higher traditional cloud computing workloads and new AI deployments have been driving nearline demand. Seagate expects this momentum to continue in fiscal 2025.
Secular trends and innovations in driving up aerial density are likely to have spurred mass capacity storage demand. The launch of the Mozaic 3+ hard drive platform earlier in the year, which featured Heat-Assisted Magnetic Recording technology, positioned it well to capture share in the mass capacity storage solutions market.
We expect mass capacity revenues to be up 62.8% year over year to $1,655.9 million in the fiscal first quarter. Seagate anticipates the increase in mass capacity revenues to offset lower revenues from legacy markets.
For VIA, management anticipates sales to fluctuate in the second half of the calendar 2024. Though smart cities are the biggest end-market opportunity, the near-term budget visibility remains blurry amid existing macroeconomic uncertainty.
<div class="chart_embed">
<h3>Seagate Technology Holdings PLC Price and EPS Surprise</h3>
<img alt="Seagate Technology Holdings PLC Price and EPS Surprise" src="https://staticx-tuner.zacks.com/images/charts/e7/1729166300.png" style="height:263px; width:542px" title="" />
Seagate Technology Holdings PLC price-eps-surprise | Seagate Technology Holdings PLC Quote
</div>
Gross margin is expected to have benefited from a higher mix of mass capacity revenues and ongoing pricing actions. The company expects minimal underutilization costs owing to the improving demand environment.
Our estimate for revenues from the HDD segment is pegged at $1,932.2 million, indicating an increase of 49.2% from the year-ago actual. The estimate for the non-HDD (which includes enterprise data solutions, cloud systems and solid-state drives) segment is pegged at $169.1 million, implying an increase of 6.3% from the prior-year level.
Soft global macroeconomic conditions, especially a relatively sluggish recovery in China, remain a concern. Increasing costs are additional headwinds. In the fiscal first quarter, the non-GAAP operating expenses are expected to be $270 million.
<h2>What the Zacks Model Unveils</h2>
Our proven model does predict an earnings beat for Seagate this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. This is exactly the case here.
Seagate has an Earnings ESP of +5.09% and sports a Zacks Rank #1 at present.
<h2>Other Stocks to Consider</h2>
Here are some stocks you may consider, as our model shows that these have the right combination of elements to beat on earnings this season.
SEI Investments Company (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/seic#NASDAQ">SEIC</a>) currently has an Earnings ESP of +0.94% and a Zacks Rank #2.
SEIC is scheduled to report quarterly earnings on Oct. 23. The Zacks Consensus Estimate for SEIC&#39;s to-be-reported quarter&#39;s earnings and revenues is pegged at $1.07 per share and $532.1 million, respectively. Shares of SEIC have gained 29.9% in the past year.
Ameriprise Financial, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/amp#NYSE">AMP</a>) presently has an Earnings ESP of +0.5% and a Zacks Rank #2. AMP is scheduled to report quarterly numbers on Oct. 23. The Zacks Consensus Estimate for AMP&#39;s to-be-reported quarter&#39;s earnings and revenues is pegged at $8.86 per share and $4.3 billion, respectively. Shares of AMP have risen 60% in the past year.
American Airlines Group Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/aal#NASDAQ">AAL</a>) has an Earnings ESP of +32.87% and a Zacks Rank #2 at present. AAL is scheduled to report quarterly figures on Oct. 24. The Zacks Consensus Estimate for AAL&#39;s to-be-reported quarter&#39;s earnings and revenues is pegged at 13 cents per share and $13.49 billion, respectively. Shares of AAL have increased 13.5% in the past year.
<a href="https://www.zacks.com/stock/news/2352201/seagate-gears-up-for-q1-earnings-what-s-in-the-offing?cid=CS-BENZ-FT-analyst_blog|earnings_preview-2352201">To read this article on Zacks.com click here.</a>

Earnings Beats

Large Cap

Macro Economic Events

Mid Cap

Management

Economics

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Tech

Trading Ideas

SEIC

Seagate Gears Up for Q1 Earnings: What's in the Offing?

Morgan Stanley analyst Michael Cyprys maintains Ameriprise Finl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMP#NYSE">AMP</a>) with a Equal-Weight and raises the price target from $440 to $502.

Price Target

Morgan Stanley Maintains Equal-Weight on Ameriprise Finl, Raises Price Target to $502

Ameriprise Finl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMP#NYSE">AMP</a>) has outperformed the market over the past 15 years by 7.37% on an annualized basis producing an average annual return of 19.1%. Currently, Ameriprise Finl has a market capitalization of $49.45 billion. 
Buying $1000 In AMP: If an investor had bought $1000 of AMP stock 15 years ago, it would be worth $13,919.67 today based on a price of $502.50 for AMP at the time of writing.
<h3>Ameriprise Finl's Performance Over Last 15 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1728682223_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Here's How Much You Would Have Made Owning Ameriprise Finl Stock In The Last 15 Years

RBC Capital analyst Kenneth Lee maintains Ameriprise Finl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMP#NYSE">AMP</a>) with a Outperform and raises the price target from $500 to $535.

RBC Capital Maintains Outperform on Ameriprise Finl, Raises Price Target to $535

In the preceding three months, 4 analysts have released ratings for Ameriprise Finl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMP#NYSE">AMP</a>), presenting a wide array of perspectives from bullish to bearish.
The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Analysts have recently evaluated Ameriprise Finl and provided 12-month price targets. The average target is $488.75, accompanied by a high estimate of $555.00 and a low estimate of $440.00. This upward trend is apparent, with the current average reflecting a 3.38% increase from the previous average price target of $472.75.
<img src="https://www.benzinga.com/files/images/story/2024/1728414090_0.png" alt="price target chart" />
<h2>Exploring Analyst Ratings: An In-Depth Overview</h2>
The perception of Ameriprise Finl by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Brennan Hawken</td>
<td>UBS</td>
<td>Raises</td>
<td>Buy</td>
<td>$555.00</td>
<td>$490.00</td>
</tr>
<tr>
<td>Kenneth Lee</td>
<td>RBC Capital</td>
<td>Raises</td>
<td>Outperform</td>
<td>$500.00</td>
<td>$487.00</td>
</tr>
<tr>
<td>Ryan Krueger</td>
<td>Keefe, Bruyette &amp; Woods</td>
<td>Lowers</td>
<td>Market Perform</td>
<td>$460.00</td>
<td>$470.00</td>
</tr>
<tr>
<td>Michael Cyprys</td>
<td>Morgan Stanley</td>
<td>Lowers</td>
<td>Equal-Weight</td>
<td>$440.00</td>
<td>$444.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Ameriprise Finl. This offers insight into analysts' perspectives on the current state of the company.</li>
<li>Rating: Analysts unravel qualitative evaluations for stocks, ranging from 'Outperform' to 'Underperform'. These ratings offer insights into expectations for the relative performance of Ameriprise Finl compared to the broader market.</li>
<li>Price Targets: Analysts navigate through adjustments in price targets, providing estimates for Ameriprise Finl's future value. Comparing current and prior targets offers insights into analysts' evolving expectations.</li>
</ul>
Analyzing these analyst evaluations alongside relevant financial metrics can provide a comprehensive view of Ameriprise Finl's market position. Stay informed and make data-driven decisions with the assistance of our Ratings Table.
<a href="https://www.benzinga.com/quote/AMP/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Ameriprise Finl analyst ratings.</a>
<h2>All You Need to Know About Ameriprise Finl</h2>
Ameriprise Financial is a major player in the us market for asset and wealth management, with around $1.4 trillion in total assets under management and administration at the end of 2023. With about 10,000 advisors, Ameriprise has one of the largest branded advisor networks in the industry. About 80% of the company's revenue comes from its asset and wealth management segments. Ameriprise has reduced its exposure to insurance with the sale of its auto and home insurance business in 2019 and discontinuing the sale of proprietary fixed annuities in 2020.
<h3>Ameriprise Finl: Financial Performance Dissected</h3>
Market Capitalization Analysis: The company's market capitalization is above the industry average, indicating that it is relatively larger in size compared to peers. This may suggest a higher level of investor confidence and market recognition.
Revenue Growth: Ameriprise Finl's remarkable performance in 3 months is evident. As of 30 June, 2024, the company achieved an impressive revenue growth rate of 8.88%. This signifies a substantial increase in the company's top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Financials sector.
Net Margin: Ameriprise Finl's net margin lags behind industry averages, suggesting challenges in maintaining strong profitability. With a net margin of 19.64%, the company may face hurdles in effective cost management.
Return on Equity (ROE): Ameriprise Finl's ROE stands out, surpassing industry averages. With an impressive ROE of 16.79%, the company demonstrates effective use of equity capital and strong financial performance.
Return on Assets (ROA): Ameriprise Finl's ROA falls below industry averages, indicating challenges in efficiently utilizing assets. With an ROA of 0.46%, the company may face hurdles in generating optimal returns from its assets.
Debt Management: Ameriprise Finl's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 1.2.
<h2>How Are Analyst Ratings Determined?</h2>
Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along withanalyst success scores in <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.
Which Stocks Are Analysts Recommending Now?
Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=be8be9arja3be22bz21&amp;utm_source=benzinga-insights">Click here to stay ahead of the market</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Navigating 4 Analyst Ratings For Ameriprise Finl

UBS analyst Brennan Hawken maintains Ameriprise Finl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMP#NYSE">AMP</a>) with a Buy and raises the price target from $490 to $555.

UBS Maintains Buy on Ameriprise Finl, Raises Price Target to $555

Invesco (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ivz#NYSE">IVZ</a>) remains well-positioned for growth on the back of diversified offerings, efforts to enhance operating efficiency and solid assets under management balance. However, a high intangible assets composition on the balance sheet and subdued revenue performance are major headwinds.
<h2>Invesco&#39;s Catalysts</h2>
Invesco has been recording steady improvement in the AUM balance. The metric witnessed a compound annual growth rate (CAGR) of 12.3% over the five years ended 2023. The OppenheimerFunds acquisition in 2019 led to a significant rise in the company&#39;s AUM, turning it into one of the leading global asset managers. Invesco has been capitalizing on the rising demand for passive offerings, which constituted 42% of total AUM as of June 30, 2024, up from 34% in the corresponding period of 2023.
<img alt="Invesco Ltd." src="https://staticx-tuner.zacks.com/images/articles/charts/39/80375.jpg?v=159979789" />
Image Source: Invesco Ltd.
IVZ has been executing initiatives to enhance operating efficiency. The company surpassed its goal for net cost synergies from the OppenheimerFunds acquisition and achieved $200 million in annualized net savings before the planned schedule. While adjusted operating expenses experienced a 2.2% rise in 2023, the trend reversed in the first six months of 2024. The company aims to generate $60 million in annual net savings this year as part of the organizational changes.
Further, Invesco holds a strong footprint in Europe, Canada and the Asia-Pacific, besides the United States. As of June 30, 2024, roughly 28% of the total AUM was from clients residing outside the United States. The acquisitions of Intelliflo, a leading U.K.-based advisor-focused digital solutions firm, and Europe-based Source, a leading independent specialist provider of ETFs, helped the company enhancing global market share and footprint. Such strategic pursuits, as well as diversified offerings, are likely to support the company in generating further momentum from business in such regions.
<h2>Factors That Weigh on Invesco</h2>
Invesco&#39;s subdued top-line expansion is a major concern. Though total operating revenues grew in the first half of 2024, the metric has been experiencing a downtrend since the second half of 2020. Despite having a robust institutional pipeline, diversified product offerings, alternative investment strategies and strong retail channels, revenues are likely to remain subdued in the near term due to a challenging operating backdrop.
A substantial amount of intangible assets in the IVZ&#39;s balance sheet is another major challenge, as these are subject to an annual review. As of June 30, 2024, goodwill and intangible assets amounted to $14.4 billion (53.1% of Invesco&#39;s total assets). Several factors may trigger the initiation of impairment of the book value of such assets, due to which their values will be written down. This is expected to negatively impact the company&#39;s financials. In 2023, amortization and impairment of intangible assets-related charges hampered the company&#39;s profitability, resulting in a net loss.
Invesco currently carries a Zacks Rank #3 (Hold). Over the past three months, shares of the company have risen 17.1%, outperforming the industry&#39;s growth of 15.8%.
<img alt="Zacks Investment Research" src="https://staticx-tuner.zacks.com/images/articles/charts/f5/80377.jpg?v=873665951" />
Image Source: Zacks Investment Research
<h2>IVZ&#39;s Peers Worth Considering</h2>
Some better-ranked asset managers worth a look are Ameriprise (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/amp#NYSE">AMP</a>) and SEI Investments (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/seic#NASDAQ">SEIC</a>), carrying a Zacks Rank #2 (Buy).
Estimates for AMP&#39;s current-year earnings have been revised marginally upward in the past week. Ameriprise&#39;s shares have rallied 11% over the past three months.
Estimates for SEIC&#39;s current-year earnings have been revised slightly north in the past seven days. Shares of SEI Investments have gained 6.7% over the past three months.
<a href="https://www.zacks.com/stock/news/2346134/restructuring-moves-aum-aid-invesco-muted-revenues-a-concern?cid=CS-BENZ-FT-analyst_blog|zer_report_update-2346134">To read this article on Zacks.com click here.</a>

Offerings

Restructuring Moves & AUM Aid Invesco, Muted Revenues a Concern

Ameriprise Finl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMP#NYSE">AMP</a>) has outperformed the market over the past 10 years by 3.22% on an annualized basis producing an average annual return of 14.6%. Currently, Ameriprise Finl has a market capitalization of $46.11 billion. 
Buying $1000 In AMP: If an investor had bought $1000 of AMP stock 10 years ago, it would be worth $3,916.59 today based on a price of $468.62 for AMP at the time of writing.
<h3>Ameriprise Finl's Performance Over Last 10 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1727472618_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

$1000 Invested In Ameriprise Finl 10 Years Ago Would Be Worth This Much Today

Ameriprise Finl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMP#NYSE">AMP</a>) has outperformed the market over the past 5 years by 11.43% on an annualized basis producing an average annual return of 24.43%. Currently, Ameriprise Finl has a market capitalization of $42.88 billion. 
Buying $1000 In AMP: If an investor had bought $1000 of AMP stock 5 years ago, it would be worth $2,955.78 today based on a price of $435.77 for AMP at the time of writing.
<h3>Ameriprise Finl's Performance Over Last 5 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1726086611_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

If You Invested $1000 In This Stock 5 Years Ago, You Would Have $3,000 Today

Shares of Principal Financial Group, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/pfg#NASDAQ">PFG</a>) have gained 0.8% in the past year, underperforming the industry&#39;s growth of 11% and the Zacks S&amp;P 500 composite&#39;s rise of 14.4%.
<h2>PFG Lags Industry and S&amp;P</h2>
<img alt="Zacks Investment Research" src="https://staticx-tuner.zacks.com/images/articles/charts/80/77282.jpg?v=1534126285" />
Image Source: Zacks Investment Research
Earnings per share missed the consensus estimate in the last two reported quarters of 2024.
Closing at $79.30 on Tuesday, the stock stands almost 10.1% below its 52-week high of $88.26.
The Zacks Consensus Estimate for PFG&#39;s 2024 and 2025 earnings has moved 0.2% and 0.3% south, respectively, in the past 30 days.
Principal Financial&#39;s expenses have been increasing since 2013 due to a rise in benefits, claims and settlement expenses, as well as operating expenses. An increase in expenses weighs on its margins. Net margin contracted 280 basis points to 8.1% in the second quarter of 2024.
<h2>Factors Benefiting PFG Stock</h2>
Principal Financial&#39;s revenue growth is expected to improve in the long run, riding on higher premiums and other considerations, fees and other revenues, and improved net investment income across its segments.
The Principal International segment is likely to benefit from higher single-premium annuity sales in Chile. The segment&#39;s operating earnings should gain from foreign currency tailwinds.
The Specialty Benefits Insurance business should continue to gain from record sales, strong retention and employment growth. Growth in the business, favorable claims and disciplined expense management should benefit its pre-tax operating earnings.
Strong institutional flows across equities, real estate and specialty fixed income, highlighting the value of diversified distribution through its institutional, retail and retirement channels, are likely to drive positive net cash flow. Principal Financial&#39;s extensive distribution footprint, strategic buyouts and operational discipline should enhance the assets under management growth.
Principal Financial boasts a strong capital position, with sufficient cash generation capabilities and liquidity. To reflect the business mix and risk profile, PFG lowered the target RBC level from the previous 400% to a range of 375-400%. For 2024, PFG remains well-positioned to deliver on enterprise long-term financial targets, with 9% to 12% growth in earnings per share and 75% to 85% free capital flow conversion.
<h2>PFG&#39;s Distribution of Wealth</h2>
Principal Financial&#39;s wealth distribution through share buybacks and dividend payment looks impressive. In the third quarter of 2023, PFG raised the dividend by 11% for the fifth consecutive quarter, aligned with the targeted 40% dividend payout ratio, demonstrating confidence in continued growth and overall performance. It also boasts a solid dividend yield of 3.6%, higher than the industry average of 2.4%. The company continues to expect to deliver on the targeted 75-85% free capital flow for 2024.
PFG returned more than $415 million of capital to shareholders in the second quarter of 2024, including $250 million of share repurchases. It remains committed to returning excess capital to shareholders and continues to expect $1.5-$1.8 billion of capital deployment for 2024, including $800 million to $1.1 billion of share repurchases. Based on net income, excluding exited business, the company targets 35-45% share repurchases in 2024.
<h2>Estimates for Principal Financial</h2>
The Zacks Consensus Estimate for Principal Financial&#39;s 2024 earnings per share indicates a year-over-year increase of 11.6%. The consensus estimate for revenues is pegged at $15.81 billion, implying a year-over-year improvement of 7.8%.
The consensus estimate for 2025 earnings per share and revenues indicates an increase of 15.4% and 4.6%, respectively, from the corresponding 2024 estimates.
<h2>PFG&#39;s Favorable Return on Equity</h2>
PFG&#39;s return on equity in the trailing 12 months was 14.9%, better than the industry average of 9.7%, reflecting efficiency in utilizing shareholders&#39; funds.
<h2>PFG Shares Are Affordable</h2>
Principal Financial is trading at a discount compared with the industry average. It presents a compelling investment opportunity with its attractive forward 12-month price-to-earnings ratio of 9.8X, lower than the industry average of 14.82X. Also, it has a Value Score of A.
Shares of other accident and health insurers like Affiliated Managers Group, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/amg#NYSE">AMG</a>), Ameriprise Financial, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/amp#NYSE">AMP</a>)&nbsp;and Apollo Global Management Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/apo#NYSE">APO</a>) are also trading at a discount to the industry average.
<h2>Wrapping Up: Keep On Holding</h2>
Principal Financial&#39;s financial stability, favorable growth estimates and affordability of shares make it an attractive stock to retain for current investors.&nbsp; 
PFG should benefit from strategic buyouts, strong retention, higher single premium annuity sales, effective capital deployment, positive net cash flow and favorable return on capital. It is, therefore, wise to hold on to this Zacks Rank #3 (Hold) stock.
<a href="https://www.zacks.com/stock/news/2334685/principal-financial-stock-lags-industry-should-you-hold-or-fold?cid=CS-BENZ-FT-analyst_blog|rank_focused-2334685">To read this article on Zacks.com click here.</a>

Dividends

Buybacks

Principal Financial Stock Lags Industry: Should You Hold or Fold?

Ameriprise Finl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMP#NYSE">AMP</a>) has outperformed the market over the past 5 years by 13.99% on an annualized basis producing an average annual return of 28.29%. Currently, Ameriprise Finl has a market capitalization of $42.67 billion. 
Buying $100 In AMP: If an investor had bought $100 of AMP stock 5 years ago, it would be worth $345.06 today based on a price of $433.61 for AMP at the time of writing.
<h3>Ameriprise Finl's Performance Over Last 5 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1724346032_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

$100 Invested In This Stock 5 Years Ago Would Be Worth $300 Today

Ameriprise Finl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMP#NYSE">AMP</a>) has outperformed the market over the past 10 years by 2.35% on an annualized basis producing an average annual return of 12.73%. Currently, Ameriprise Finl has a market capitalization of $39.85 billion. 
Buying $1000 In AMP: If an investor had bought $1000 of AMP stock 10 years ago, it would be worth $3,322.91 today based on a price of $404.99 for AMP at the time of writing.
<h3>Ameriprise Finl's Performance Over Last 10 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1723491016_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

If You Invested $1000 In This Stock 10 Years Ago, You Would Have $3,300 Today

Ameriprise Finl's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMP#NYSE">AMP</a>) short percent of float has fallen 11.2% since its last report. The company recently reported that it has 949 thousand shares sold short, which is 1.11% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.64 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Ameriprise Finl Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1722885311_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Ameriprise Finl has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted.
<h3>Comparing Ameriprise Finl's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Ameriprise Finl's peer group average for short interest as a percentage of float is 3.48%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

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(AMP) - Analyzing Ameriprise Finl's Short Interest

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Shares of companies within the broader financial sector are trading lower amid overall market weakness following weak US jobs data.

Ameriprise Financial Services, LLC today filed a lawsuit in United States District Court contending that defendant LPL Financial LLC (LPL) is engaged in a widespread pattern and practice of harvesting and misusing private, confidential client information as they recruit advisors in violation of legal, regulatory and industry obligations.
Specifically, the lawsuit alleges that LPL systematically directs the advisors it recruits from Ameriprise and its competitors to take confidential information on their way out the door. These actions are in direct violation of multiple securities laws and regulations, as well as the standards LPL is legally bound to follow as a member of the broker protocol for recruiting. Ameriprise further contends that LPL's conduct abandons all reasonable notions of client privacy rights and subjects the advisors it recruits to regulatory and criminal exposure.

Legal

Ameriprise Financial Services Files Lawsuit In U.S. District Court Contending That Defendant LPL Financial Is Engaged In A Widespread Pattern And Practice Of Harvesting And Misusing Private, Confidential Client Information As They Recruit Advisors In Violation Of Legal, Regulatory And Industry Obligations.

RBC Capital analyst Kenneth Lee maintains Ameriprise Finl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMP#NYSE">AMP</a>) with a Outperform and raises the price target from $487 to $500.

RBC Capital Maintains Outperform on Ameriprise Finl, Raises Price Target to $500

Keefe, Bruyette &amp; Woods analyst Ryan Krueger maintains Ameriprise Finl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMP#NYSE">AMP</a>) with a Market Perform and lowers the price target from $470 to $460.

Keefe, Bruyette & Woods Maintains Market Perform on Ameriprise Finl, Lowers Price Target to $460

Tracking Ole Andreas Halvorsen's Viking Global Portfolio - Q2 2024 Update

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Piper Sandler analyst John Barnidge maintained a Sell rating on Ameriprise Financial (AMP – Research Report) today and set a price target of $415.0...

Ameriprise Financial (AMP) Gets a Sell from Piper Sandler

Suneet Kamath, an analyst from Jefferies, reiterated the Buy rating on Ameriprise Financial (AMP – Research Report). The associated price target wa...

Ameriprise Financial Poised for Growth: Kamath Reiterates Buy Rating with Increased Price Target

Bank of America Securities analyst Craig Siegenthaler maintained a Buy rating on Ameriprise Financial (AMP – Research Report) today. The company's ...

Ameriprise Financial (AMP) Receives a Rating Update from a Top Analyst

BofA's top 10 Value stocks for October

Ameriprise Financial: Advisor And Asset-Based Fees To Drive Further Growth While Costs Are Low

Morgan Stanley analyst Michael Cyprys maintained a Hold rating on Ameriprise Financial (AMP – Research Report) today and set a price target of $502...

Morgan Stanley Remains a Hold on Ameriprise Financial (AMP)

IWP: Good For Tactical Allocation, Average In The Long Term

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Press Releases

Financial Advisor with More Than $120 Million in Assets Joins Ameriprise to Elevate the Experience She Provides to Clients

Ameriprise Financial Hosts Black Advisor Summit

96 Ameriprise Financial Advisors Named to Forbes "Best-in-State Next-Gen Wealth Advisors" List

Financial Advisor with Nearly $150 Million in Assets Joins Ameriprise for Robust Technology and Financial Planning Capabilities

Ameriprise Financial Matching Public Donations to Feeding America® Now Through Oct. 31

Columbia Threadneedle Investments Launches Two Actively Managed Fixed Income ETFs

21 Ameriprise Financial Advisors Recognized on Barron's "2024 Top 100 Independent Financial Advisors" Ranking

Former Columbia Threadneedle ($650+ bn AUM) Head of North America and President of Fidelity Institutional Asset Management, Scott E. Couto, Promoted to President of Star Mountain Capital

Ameriprise Financial Announces Schedule for Third Quarter 2024 Investor Conference Call

Columbia Research Enhanced Core ETF (RECS) Celebrates Five-Year Anniversary, $1B AUM Milestone

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