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

$1.425

29 Apr
2026

-0.005

OPEN

$1.41

-0.35%

HIGH

$1.43

4,296,005

LOW

$1.41

TARGET
$1.788 25.5% 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 . IFL . 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 12.5 xxx
Dividend Yield xxx N/A 2.7% xxx
Div Pay Ratio(%) xxx 76.0% 34.3% xxx

Dividend yield today if purchased 3 years ago: 3.52%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 2.74

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

15.79%

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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Login above or Get a Free Trial

Ord Minnett

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
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

29/04/2026

2

Overweight

$1.65

15.79%

After the release of Treasury's three consultation papers earlier this month, Jarden sees risks of rising platform scrutiny as manageable for scaled platforms such as AMP.

The analysts note the advice fee ban faces a credible risk of being overturned due to its conflict with objectives of the Australian government reform agenda (led by Treasury) named 'Delivering Better Financial Outcomes' (DBFO).

On relative earnings exposure, Netwealth Group and Hub24 are most at risk while AMP is comparatively insulated, the analysts suggest.

Should the advice fee ban and mandatory waiting period pass in their current form, the broker would likely review its valuations and ratings for Netwealth and Hub24.

For AMP, the rating is Overweight. Target $1.65.

FORECAST
Jarden forecasts a full year FY26 dividend of 4.00 cents and EPS of 11.40 cents.
Jarden forecasts a full year FY27 dividend of 4.00 cents and EPS of 11.50 cents.
Access Extra Coverage Research History >

AMP STOCK CHART

FNArena News on AMP

1
Australian Broker Call *Extra* Edition – Apr 29, 2026

Apr 29 2026 - Daily Market Reports
2
Rising Regulatory Risk for Hub24 & Netwealth?

Apr 29 2026 - Australia
3
Next Week At A Glance – 27-24 Apr 2026

Apr 24 2026 - Weekly Reports
4
Rudi’s View: Best Buys & Conviction Calls

Apr 23 2026 - Rudi's View
5
Australian Broker Call *Extra* Edition – Apr 20, 2026

Apr 20 2026 - Daily Market Reports

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Mar 31 2026 - Weekly Reports
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Mar 24 2026 - Weekly Reports