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

$1.52

08 May
2026

-0.005

OPEN

$1.51

-0.33%

HIGH

$1.54

8,993,952

LOW

$1.50

TARGET
$1.788 17.6% upside
Franking for last dividend paid out: 20%
OTHER COMPANIES IN THE SAME SECTOR
AEF . ASX . BVS . CGF . CVW . DJW . ENN . 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 11.7 xxx
DPS (cps) xxx 4.0 4.0 xxx
EPS Growth xxx - 25.8% 100.0% xxx
DPS Growth xxx 33.3% 0.0% xxx
PE Ratio xxx N/A 13.0 xxx
Dividend Yield xxx N/A 2.6% xxx
Div Pay Ratio(%) xxx 76.0% 34.3% xxx

Dividend yield today if purchased 3 years ago: 3.65%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 2.63

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: 21/08 - 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

1.0

No. Of Recommendations

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

Macquarie

xx/xx/xxxx

1

xxxxxxxxxx

$xx.xx

xx.xx%

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Citi

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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UBS

17/04/2026

1

Buy

$1.65

8.55%

AMP reported slightly softer-than-expected 1Q26 AUM at $144.4bn, UBS observes due to the impact of negative market movements, although net inflows were broadly in line.

The broker highlights improving wealth flows as a key positive, with strong growth across platforms and stabilisation in super and investments.

Margins are expected to benefit from higher North cash account fees, while a $150m buyback is set to commence. Despite some pressure in the banking segment and NZ operations,  the stock's valuation is viewed as "undemanding".

Buy rating retained with an unchanged $1.65 target.

FORECAST
UBS forecasts a full year FY26 dividend of 4.00 cents and EPS of 11.00 cents.
UBS forecasts a full year FY27 dividend of 4.00 cents and EPS of 12.00 cents.

Morgan Stanley

xx/xx/xxxx

1

xxxxxxxxxx

$xx.xx

xx.xx%

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Ord Minnett

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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Login above or Get a Free Trial
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

11/05/2026

2

Overweight

$1.75

15.13%

Jarden maintains an Overweight rating for AMP and raises the target price to $1.75 from $1.65 following a deep dive into the overlooked value of the business's international partnerships.

The broker notes the market severely punished the stock for recent domestic misses, ignoring the structural advantages and rapid growth profile of the Chinese pension associates which now contribute over 30% of group net profit.

The dominant China Life and Pension Company franchise holds a 30% market share in the fast-growing Pillar 2 enterprise annuities space, warranting a material valuation premium.

Further near-term capital release potential exists through the planned exit of the non-core US real estate asset Pacific Coast Capital Partners alongside a contingent carry entitlement from DigitalBridge.

Reflecting higher partnership contributions and reduced credit loss expectations, the report lifts earnings per share forecasts to 11.5c from 11.4c in FY26, and to 12.0c from 11.5c in FY27.

FORECAST
Jarden forecasts a full year FY26 dividend of 4.00 cents and EPS of 11.50 cents.
Jarden forecasts a full year FY27 dividend of 4.00 cents and EPS of 12.00 cents.
Access Extra Coverage Research History >

AMP STOCK CHART

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1
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2
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