Ameriprise Financial (AMP) Expected to Announce Earnings on Thursday

Ameriprise Financial (NYSE:AMP) will likely be issuing its Q3 2026 results before the market opens on Thursday, October 29th. Analysts expect the company to announce earnings of $11.77 per share and revenue of $5.10 billion for the quarter. Interested persons are encouraged to explore the company’s upcoming Q3 2026 earnings report page for the latest details on the call scheduled for Thursday, October 29, 2026 at 9:00 AM ET.

Ameriprise Financial (NYSE:AMP) last released its quarterly earnings data on Thursday, July 23rd. The financial services provider reported $11.07 EPS for the quarter, topping analysts’ consensus estimates of $10.81 by $0.26. Ameriprise Financial had a return on equity of 64.19% and a net margin of 20.24%. The company had revenue of $4.90 billion for the quarter, compared to the consensus estimate of $4.87 billion. During the same period last year, the business posted $9.11 EPS. The company’s quarterly revenue was up 11.6% compared to the same quarter last year. On average, analysts expect Ameriprise Financial to post $46.13 EPS for the current fiscal year and $50.85 EPS for the next fiscal year.

Ameriprise Financial Price Performance

AMP opened at $490.62 on Thursday. The company has a 50 day moving average of $529.17 and a two-hundred day moving average of $498.79. Ameriprise Financial has a 52-week low of $422.37 and a 52-week high of $572.56. The company has a quick ratio of 0.71, a current ratio of 0.71 and a debt-to-equity ratio of 0.99. The company has a market cap of $44.11 billion, a P/E ratio of 11.32, a P/E/G ratio of 1.05 and a beta of 1.16.

Ameriprise Financial declared that its board has authorized a share buyback program on Tuesday, September 29th that authorizes the company to repurchase $5.50 billion in outstanding shares. This repurchase authorization authorizes the financial services provider to reacquire up to 12.3% of its stock through open market purchases. Stock repurchase programs are typically a sign that the company’s board of directors believes its shares are undervalued.

Insider Activity

In other news, CFO Walter Berman sold 11,012 shares of Ameriprise Financial stock in a transaction that occurred on Tuesday, July 28th. The stock was sold at an average price of $548.95, for a total transaction of $6,045,037.40. Following the sale, the chief financial officer owned 5,609 shares of the company’s stock, valued at approximately $3,079,060.55. The trade was a 66.25% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, SVP Dawn Brockman sold 472 shares of the stock in a transaction that occurred on Monday, August 10th. The stock was sold at an average price of $558.93, for a total value of $263,814.96. Following the completion of the transaction, the senior vice president directly owned 713 shares of the company’s stock, valued at $398,517.09. This trade represents a 39.83% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 29,988 shares of company stock worth $16,316,497 over the last ninety days. 0.60% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the stock. Bank of America reaffirmed an “underperform” rating and set a $445.00 price target (down from $570.00) on shares of Ameriprise Financial in a report on Monday. Royal Bank Of Canada upped their price target on shares of Ameriprise Financial from $560.00 to $595.00 in a report on Friday, July 24th. Argus boosted their target price on shares of Ameriprise Financial from $534.00 to $590.00 and gave the stock a “buy” rating in a research report on Friday, July 31st. The Goldman Sachs Group reduced their target price on Ameriprise Financial from $562.00 to $524.00 and set a “neutral” rating on the stock in a report on Friday, October 2nd. Finally, Jefferies Financial Group reduced their price objective on Ameriprise Financial from $645.00 to $638.00 in a research note on Monday, October 12th. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, five have given a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $557.00.

About Ameriprise Financial

Ameriprise Financial, Inc (NYSE:AMP) is a diversified financial services company that provides advice, wealth management, asset management, insurance and retirement solutions. Through its network of financial advisors and digital platforms, the company serves individuals, families, businesses and institutions with financial planning, investment management and related services.

Its products and services include brokerage and advisory accounts, mutual funds and exchange-traded funds, retirement plans, annuities, life and long-term care insurance, banking services and financial planning.