Affiliated Managers Group, Inc. (AMG)
| Market Cap | 779.62M |
| Revenue (ttm) | 2.09B |
| Net Income (ttm) | 1.25B |
| Shares Out | 5.15M |
| EPS (ttm) | 28.72 |
| PE Ratio | 5.27 |
| Forward PE | 7.77 |
| Dividend | $0.04 (0.03%) |
| Ex-Dividend Date | Nov 15, 2023 |
| Volume | 176,939 |
| Open | 152.09 |
| Previous Close | 152.65 |
| Day's Range | 151.01 - 153.73 |
| 52-Week Range | 120.22 - 180.63 |
| Beta | 1.29 |
| Analysts | Buy |
| Price Target | 175.00 (+15.57%) |
| Earnings Date | Feb 5, 2024 |
About AMG
Affiliated Managers Group, Inc., through its affiliates, operates as an investment management company providing investment management services to mutual funds, institutional clients,retails and high net worth individuals in the United States. It provides advisory or sub-advisory services to mutual funds. These funds are distributed to retail, high net worth and institutional clients directly and through intermediaries, including independent investment advisors, retirement plan sponsors, broker-dealers, major fund marketplaces, and bank trust de... [Read more]
Financial Performance
In 2022, AMG's revenue was $2.33 billion, a decrease of -3.43% compared to the previous year's $2.41 billion. Earnings were $1.15 billion, an increase of 102.56%.
Financial StatementsAnalyst Forecast
According to 4 analysts, the average rating for AMG stock is "Buy." The 12-month stock price forecast is $175.0, which is an increase of 15.57% from the latest price.
News
AMG to Present at the Goldman Sachs Financial Services Conference
WEST PALM BEACH, Fla., Nov. 29, 2023 (GLOBE NEWSWIRE) -- AMG, a leading partner to independent investment management firms globally, announced today that Thomas M. Wojcik, Chief Financial Officer, is ...
AMG Reports Financial and Operating Results for the Third Quarter and Nine Months Ended September 30, 2023
Company reports EPS of $5.48, Economic EPS of $4.08 in the third quarter of 2023 Completed investment in Ara Partners, a private markets firm specializing in industrial decarbonization( i) Completed ...
AMG to Announce Third Quarter Results on November 6, 2023
Conference Call Scheduled for 8:30 a.m. Eastern Time WEST PALM BEACH, Fla.
AMG Announces Partnership with Ara Partners
WEST PALM BEACH, Fla., Oct. 23, 2023 (GLOBE NEWSWIRE) -- AMG, a leading partner to independent investment management firms globally, today announced that it acquired the minority equity interest in Ar...
AMG Appoints Loren M. Starr to its Board of Directors
WEST PALM BEACH, Fla., Sept. 25, 2023 (GLOBE NEWSWIRE) -- AMG, a leading partner to independent investment management firms globally, today announced the appointment of Loren M. Starr to its Board of ...
AMG Completes Investment in Forbion
WEST PALM BEACH, Fla., Aug. 17, 2023 (GLOBE NEWSWIRE) -- Affiliated Managers Group, Inc. (NYSE: AMG), a leading partner to independent investment management firms globally, today announced the complet...
AMG Reports Financial and Operating Results for the Second Quarter and First Half of 2023
Company reports EPS of $3.25 , Economic EPS of $4.45 in the second quarter of 2023
AMG to Announce Second Quarter Results on July 26, 2023
WEST PALM BEACH, Fla., July 19, 2023 (GLOBE NEWSWIRE) -- Affiliated Managers Group, Inc. (NYSE: AMG) will report financial and operating results for the second quarter ended June 30, 2023 on Wednesday...
Veritable to Combine with Pathstone
WEST PALM BEACH, Fla., July 17, 2023 (GLOBE NEWSWIRE) -- Affiliated Managers Group, Inc. (NYSE: AMG), a leading partner to independent investment management firms globally, today announced that it has...
Pathstone to Acquire Veritable LP
Pathstone welcomes Veritable, one of the first and largest multi-family offices in the U.S. Acquisition adds over $17 billion in assets across 200 clients (averaging $75 million in assets each) and br...
AMG Announces Partnership with Forbion
WEST PALM BEACH, Fla., June 27, 2023 (GLOBE NEWSWIRE) -- Affiliated Managers Group, Inc. (NYSE: AMG), a leading partner to independent investment management firms globally, has entered into a definiti...
AMG Reports Financial and Operating Results for the First Quarter of 2023
Company reports EPS of $3.47 , Economic EPS of $4.18 in first quarter
AMG to Announce First Quarter Results on May 1, 2023
Conference Call Scheduled for 8:30 a.m. Eastern Time WEST PALM BEACH, Fla.
AMG to Present at the Credit Suisse Financial Services Forum and the BofA Securities Financial Services Conference
WEST PALM BEACH, Fla., Feb. 07, 2023 (GLOBE NEWSWIRE) -- Affiliated Managers Group, Inc. (NYSE: AMG) announced today that Jay C. Horgen, President and Chief Executive Officer, is scheduled to speak at...
AMG Reports Financial and Operating Results for the Fourth Quarter and Full Year 2022
Company reports EPS of $17.40 , Economic EPS of $7.28 in fourth quarter EPS of $25.35 , Economic EPS of $20.14 for the full year 2022
Francisco Garcia Parames Drives Away With Porsche, Exits Energy Transfer
Francisco Garcia Parames (Trades, Portfolio), founder and leader of Spanish investment firm Cobas Asset Management, disclosed his fourth-quarter equity portfolio earlier this month.
Pantheon Welcomes Four New Partners, Announces Global Promotions to Enhance Long-Term Growth Capabilities
LONDON--(BUSINESS WIRE)--Pantheon, a leading provider of specialized global private markets investment solutions, is pleased to welcome four new members to the firm's partnership, including three co...
AMG to Present at the Goldman Sachs 2022 U.S. Financial Services Conference
WEST PALM BEACH, Fla., Nov. 29, 2022 (GLOBE NEWSWIRE) -- Affiliated Managers Group, Inc. (NYSE: AMG) announced today that Jay C. Horgen, President and Chief Executive Officer, and Thomas M. Wojcik, Ch...
AMG Reports Financial and Operating Results for the Third Quarter and Nine Months Ended September 30, 2022
Company reports EPS of $2.80 , Economic EPS of $4.21 in the third quarter of 2022
AMG to Announce Third Quarter Results on November 7, 2022
Conference Call Scheduled for 8:30 a.m. Eastern Time
AMG Reports Financial and Operating Results for the Second Quarter and First Half of 2022
Company reports EPS of $2.68, Economic EPS of $4.03 in the second quarter of 2022
AMG to Announce Second Quarter Results on August 1, 2022
Conference Call Scheduled for 8:30 a.m. Eastern Time
AMG Reports Financial and Operating Results for the First Quarter of 2022
Company reports EPS of $3.44, Economic EPS of $4.65 in first quarter
AMG to Announce First Quarter Results on May 2, 2022
Conference Call Scheduled for 8:30 a.m. Eastern Time