|Bid||71.01 x 1000|
|Ask||0.00 x 900|
|Day's Range||84.44 - 86.90|
|52 Week Range||71.08 - 115.75|
|Beta (5Y Monthly)||1.70|
|PE Ratio (TTM)||279.71|
|Earnings Date||May 03, 2020 - May 07, 2020|
|Forward Dividend & Yield||1.28 (1.54%)|
|Ex-Dividend Date||Feb 11, 2020|
|1y Target Est||90.81|
Affiliated Managers Group, Inc. (AMG), a global asset management company, has acquired a minority equity interest in Comvest Partners (“Comvest”). The Comvest management team will be investing 100% of the transaction proceeds directly into future funds to support the firm’s growth initiatives.
Although average AUM was down 7.2% year over year, AMG reported a 1.6% decline in fourth-quarter revenue due primarily to mix shift and improved performance fee income. Full-year top-line growth of negative 5.8% was in line, though, with our forecast for mid-single-digit annual revenue growth.
Affiliated Managers (AMG) has been upgraded to a Zacks Rank 2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
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Affiliated Managers (AMG) delivered earnings and revenue surprises of 12.16% and 3.34%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?
Company reports EPS of $0.46, Economic EPS of $4.52 in fourth quarterEPS of $0.31, Economic EPS of $14.22 for the full year 2019 Net Income (controlling interest) of $23.
NEW YORK, NY / ACCESSWIRE / February 3, 2020 / Affiliated Managers Group, Inc. (NYSE:AMG) will be discussing their earnings results in their 2019 Fourth Quarter Earnings to be held on February 3, 2020 ...
Affiliated Managers (AMG) is likely to have benefited from past equity investments in asset management companies in the fourth quarter of 2019.
Affiliated Managers (AMG) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
Franklin's (BEN) fiscal Q1 results are likely to reflect the favorable impact of solid market performance, partly muted by overall net outflows.
Conference Call Scheduled for 8:30 a.m. Eastern Time WEST PALM BEACH, Fla., Jan. 28, 2020 -- Affiliated Managers Group, Inc. (NYSE: AMG) will report financial and operating.
Affiliated Managers (AMG) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Principal Financial (PFG) fourth-quarter earnings are likely to have benefited from expanded global distribution network and a compelling portfolio of retirement, investment and protection solutions.
NASHUA, N.H., Jan. 13, 2020 (GLOBE NEWSWIRE) -- iCAD, Inc. (ICAD), a global medical technology leader providing innovative cancer detection and therapy solutions, today announced Nathaniel Dalton was appointed to its Board of Directors. Mr. Dalton is one of the founders of the global asset management firm Affiliated Managers Group, Inc. (AMG), where he remains a Director and Senior Advisor. Mr. Dalton held a range of executive positions at AMG, including General Counsel, Chief Operating Officer, President and Chief Executive Officer.