AMP LIMITED (AMP)
Share Price Analysis and Chart

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AMP

AMP - AMP LIMITED

FNArena Sector : Wealth Management & Investments
Year End: December
GICS Industry Group : Insurance
Debt/EBITDA: 722.85
Index: ASX100 | ASX200 | ASX300 | ALL-ORDS

AMP is an Australian financial services company providing superannuation and investment products, financial advice and banking products. It began life in 1849 as the Australian Mutual Provident Society and was demutualised and listed in 1998.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$2.42

07 Aug
2026

0.110

OPEN

$2.39

4.76%

HIGH

$2.45

12,195,071

LOW

$2.35

TARGET
$2.378 -1.7% downside
Franking for last dividend paid out: 20%
OTHER COMPANIES IN THE SAME SECTOR
AEF . ASX . BVS . CGF . CVW . DJW . GDG . GQG . HMC . HUB . IFT . IRE . KAM . KSL . MAF . MFG . MQG . NGI . NWL . PAC . PNI . PPS . PPT . QAL . RPL . RZI . WHF .
FNARENA'S MARKET CONSENSUS FORECASTS
AMP: 1
Title FY24
Actual		 FY25
Actual		 FY26
Forecast		 FY27
Forecast
EPS (cps) xxx 5.3 13.3 xxx
DPS (cps) xxx 4.0 5.9 xxx
EPS Growth xxx - 25.8% 100.0% xxx
DPS Growth xxx 33.3% 46.9% xxx
PE Ratio xxx N/A 17.6 xxx
Dividend Yield xxx N/A 2.5% xxx
Div Pay Ratio(%) xxx 76.0% 44.1% xxx

Dividend yield today if purchased 3 years ago: 3.20%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 1.70

Estimated Dividend Growth
(Average Of Past Three Years)

  %

Amount Invested

 $ 

Tell Me The Dividend After This Many Years
Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages

Last ex-div: 27/02 - ex-div 2.00c (franking 20%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2026 FactSet UK Limited. All rights reserved
Title 202020212022202320242025
EPS Basic xxxxxxxxxxxxxxx5.3
DPS All xxxxxxxxxxxxxxx4.0
Sales/Revenue xxxxxxxxxxxxxxx2,539.0 M
Book Value Per Share xxxxxxxxxxxxxxx148.0
Net Operating Cash Flow xxxxxxxxxxxxxxx-1,375.0 M
Net Profit Margin xxxxxxxxxxxxxxx5.24 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 202020212022202320242025
Return on Capital Employed xxxxxxxxxxxxxxx3.60 %
Return on Invested Capital xxxxxxxxxxxxxxx1.47 %
Return on Assets xxxxxxxxxxxxxxx0.39 %
Return on Equity xxxxxxxxxxxxxxx3.60 %
Return on Total Capital xxxxxxxxxxxxxxx-0.10 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx-1,451.0 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 202020212022202320242025
Short-Term Debt xxxxxxxxxxxxxxx24,462 M
Long Term Debt xxxxxxxxxxxxxxx5,175 M
Total Debt xxxxxxxxxxxxxxx29,637 M
Goodwill - Gross xxxxxxxxxxxxxxx-
Cash & Equivalents - Generic xxxxxxxxxxxxxxx1,247 M
Price To Book Value xxxxxxxxxxxxxxx1.23

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 202020212022202320242025
Capex xxxxxxxxxxxxxxx74.0 M
Capex % of Sales xxxxxxxxxxxxxxx2.91 %
Cost of Goods Sold xxxxxxxxxxxxxxx1,675 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx896 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx30,478 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

0.7

No. Of Recommendations

5
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Macquarie

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

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Citi

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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UBS

07/08/2026

1

Buy

$2.61

7.85%

UBS maintains Buy on AMP following its 1H26 result and raises its target to $2.61 from $2.55, a 2.4% increase.

The broker highlights strong Wealth flows and margins, a renewed $150m buyback and better disclosure around the fast-growing Chinese operations, now contributing 33% of group profit.

Underlying net profit of $174m met forecasts, while the 3c interim dividend exceeded prior 2c guidance. Further bank securitisations and rising China JV dividend payouts offer capital-management upside, with UBS estimating scope for a circa-$300m buyback in FY27.

FY26-FY28 EPS forecasts see minimal adjustments, as Platforms and China upgrades are offset by a weaker Bank margin outlook, which remains the key risk.

FORECAST
UBS forecasts a full year FY26 dividend of 6.00 cents and EPS of 14.00 cents.
UBS forecasts a full year FY27 dividend of 6.00 cents and EPS of 16.00 cents.

Ord Minnett

xx/xx/xxxx

2

xxxxxxxxxx

$xx.xx

xx.xx%

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Login above or Get a Free Trial

Morgan Stanley

xx/xx/xxxx

1

xxxxxxxxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
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Access Stockbroker Research History >
EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

1

Please note: unlike Broker Call Report, BC Extra is not updated daily. The info you see might not be the latest. FNArena does its best to update ASAP.

BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Jarden

04/08/2026

3

Neutral

$2.30

-4.96%

Jarden maintains a Neutral rating for AMP with its target price increased to $2.30 from $2.00 following an analysis of statutory filings for China Life Pension Company.

The broker explains China Life Pension Company represents a capital-light fee business exposed to a maturing pension system projected to compound at 14% to FY30 in Pillar 2.

Chinese pension penetration sitting at 15% of gross domestic product offers significant expansion room relative to mature markets exceeding 150%.

Upward revisions to FY30 earnings per share estimates of 11% sit 12% above consensus projections, with total associates anticipated to drive over 40% of group net profit after tax by FY30.

Value attributed to Chinese associates reaches 60c per share within a sum-of-the-parts valuation applying a 13x price-to-earnings multiple, though a recent 36% share price rally prompts the analyst to maintain its neutral rating.
Access Extra Coverage Research History >

AMP STOCK CHART

FNArena News on AMP

1
FNArena Corporate Results Monitor – 07-08-2026

Aug 07 2026 - Australia
2
Rudi’s View: That’s The Way Markets Crumble

Aug 06 2026 - Rudi's View
3
Rudi’s View: Final Preparations For August

Aug 05 2026 - Rudi's View
4
Australian Broker Call *Extra* Edition – Aug 04, 2026

Aug 04 2026 - Daily Market Reports
5
Rudi’s View: Pre-August Picks In Resources, Retail & Small Caps

Jul 23 2026 - Rudi's View

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