AMP LIMITED (AMP)
Share Price Analysis and Chart

Enter the company code or Name for stock analysis:

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

$2.22

06 Nov
2026

0.010

OPEN

$2.18

0.45%

HIGH

$2.25

19,831,209

LOW

$2.17

TARGET
$2.65

+0.15 change from previous day

 19.4% upside
Franking for last dividend paid out: 20%
OTHER COMPANIES IN THE SAME SECTOR
AEF . ASX . BJY . BVS . CGF . DJW . GDG . GQG . HMC . HUB . IFT . IRE . KAM . KSL . L1G . MAF . 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 13.6 xxx
DPS (cps) xxx 4.0 6.0 xxx
EPS Growth xxx - 25.8% 100.0% xxx
DPS Growth xxx 33.3% 50.0% xxx
PE Ratio xxx N/A 16.3 xxx
Dividend Yield xxx N/A 2.7% xxx
Div Pay Ratio(%) xxx 76.0% 44.0% xxx

Dividend yield today if purchased 3 years ago: 3.94%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 1.80

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: 20/08 - ex-div 3.00c (franking 20%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2026 FactSet UK Limited. All rights reserved
Title 202020212022202320242025
EPS Basic 2.5-7.6-0.50.67.15.3
DPS All 10.00.02.54.53.04.0
Sales/Revenue 2,495.0 M3,081.0 M1,575.0 M2,869.0 M2,679.0 M2,539.0 M
Book Value Per Share 124.4121.9137.2141.4144.4148.0
Net Operating Cash Flow -2,742.0 M1,689.0 M2,566.0 M-105.0 M216.0 M-1,375.0 M
Net Profit Margin 2.12 %-8.18 %-0.25 %0.66 %6.72 %5.24 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 202020212022202320242025
Return on Capital Employed 1.16 %-6.11 %-0.10 %0.47 %4.78 %3.60 %
Return on Invested Capital 0.51 %-2.86 %-0.04 %0.24 %2.32 %1.47 %
Return on Assets 0.06 %-0.78 %-0.01 %0.06 %0.54 %0.39 %
Return on Equity 1.16 %-6.11 %-0.10 %0.47 %4.78 %3.60 %
Return on Total Capital 1.39 %-1.73 %1.43 %-0.11 %0.23 %-0.10 %
Free Cash Flow ex dividends -3,185.0 M1,689.0 M2,536.0 M-250.0 M110.0 M-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 20,630 M21,404 M23,942 M26,453 M23,156 M24,462 M
Long Term Debt 4,497 M4,848 M5,589 M2,465 M5,558 M5,175 M
Total Debt 25,127 M26,252 M29,531 M28,918 M28,714 M29,637 M
Goodwill - Gross ------
Cash & Equivalents - Generic 2,428 M2,916 M1,816 M1,440 M1,379 M1,247 M
Price To Book Value 1.250.830.960.661.101.23

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 202020212022202320242025
Capex 83.0 M49.0 M30.0 M32.0 M47.0 M74.0 M
Capex % of Sales 3.33 %1.59 %1.90 %1.12 %1.75 %2.91 %
Cost of Goods Sold -1,380 M-1,943 M1,823 M1,675 M
Selling, General & Admin. Exp & Other 2,096 M2,218 M1,119 M943 M782 M896 M
Research & Development ------
Investments - Total 5,087 M25,731 M5,794 M29,898 M29,320 M30,478 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

0.5

No. Of Recommendations

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

Macquarie

xx/xx/xxxx

1

xxxxxxxxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

UBS

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Ord Minnett

03/11/2026

3

Downgrade to Hold from Buy

$2.60

17.12%

Ord Minnett downgrades AMP to Hold from Buy with the analyst highlighting that the investments in China have become a bigger source of earnings uncertainty, post China Life Pension Company (CLPC) announcing a slight decline in net profit y/y.

AMP has a 19.9% stake and the exposure has been generating more than 30% of the group's underlying NPAT. The analyst emphasises this can have a "meaningful" impact on total earnings.

Management has not changed its 2026 guidance for a 12%-15% return on investment in partnership businesses, albeit subject to market conditions.

EPS forecasts have been lowered by -4.2% for 2026 and -6.9% for 2027 with the target price downgraded to $2.60 from $2.80.

FORECAST
Ord Minnett forecasts a full year FY26 dividend of 6.00 cents and EPS of 14.00 cents.
Ord Minnett forecasts a full year FY27 dividend of 7.00 cents and EPS of 14.00 cents.

Citi

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Morgan Stanley

xx/xx/xxxx

0

xxxxxxxxx xx xxxxxxxx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
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

04/11/2026

2

Overweight

$2.40

8.11%

Jarden maintains an Overweight rating for AMP with its target price decreased to $2.40 from $2.55.

Following a sharp decline in Chinese equity markets, FY26 and FY27 EPS estimates are reduced by -4% to -5%, given the downward trend in equities poses risks to AMP's Chinese JV's fourth-quarter net profit.

The analyst notes AMP's partnerships return on investment target remains achievable, requiring income to fall by a further -$7m in FY26 to drop below the threshold.

Jarden highlights that while the market update underscores the embedded market beta in the China Life Pension Company business, the structural tailwinds supporting the JV's long-term growth remain unchanged.
Access Extra Coverage Research History >

AMP STOCK CHART

FNArena News on AMP

1
Weekly Ratings, Targets, Forecast Changes – 06-11-26

10:00 AM - Weekly Reports
2
Australian Broker Call *Extra* Edition – Nov 04, 2026

Nov 04 2026 - Daily Market Reports
3
Next Week At A Glance – 2-6 Nov 2026

Oct 30 2026 - Weekly Reports
4
Looking For AMP Shares’ Bullish Confirmation

Oct 21 2026 - Technicals
5
Australian Broker Call *Extra* Edition – Oct 19, 2026

Oct 19 2026 - Daily Market Reports

Latest Wealth Management & Investments News

1
Weekly Update On LICs & LITs – 02-Nov-2026

Nov 03 2026 - Weekly Reports
2
Weekly Update On LICs & LITs – 26-Oct-2026

Oct 27 2026 - Weekly Reports
3
Looking For AMP Shares’ Bullish Confirmation

Oct 21 2026 - Technicals
4
Weekly Update On LICs & LITs – 20-Oct-2026

Oct 20 2026 - Weekly Reports
5
Weekly Update On LICs & LITs – 13-Oct-2026

Oct 13 2026 - Weekly Reports
6
Weekly Update On LICs & LITs – 06-Oct-2026

Oct 07 2026 - Weekly Reports
7
ASIC Watch: Digital Disclosure Under Scrutiny

Oct 05 2026 - Australia
8
Weekly Update On LICs & LITs – 30-Sep-2026

Sep 30 2026 - Weekly Reports
9
Higher US Rates Are Good, But Mostly Bad

Sep 30 2026 - International
10
Treasure Chest: Macquarie Group

Sep 28 2026 - Treasure Chest