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: N/A
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

$1.10

14 Apr
2025

-0.025

OPEN

$1.12

-2.22%

HIGH

$1.13

9,308,988

LOW

$1.09

TARGET
$1.57 42.7% upside
Franking for last dividend paid out: 20%
OTHER COMPANIES IN THE SAME SECTOR
AEF . ASX . AVC . BVS . CGF . CVW . DJW . ENN . GDC . GDG . GQG . HMC . HUB . IFL . IFT . IRE . KAM . KSL . MAF . MFG . MQG . NGI . NWL . PAC . PNI . PPS . PPT . PTM . QAL . RPL . RZI . WHF .
FNARENA'S MARKET CONSENSUS FORECASTS
AMP: 1
Title FY23
Actual		 FY24
Actual		 FY25
Forecast		 FY26
Forecast
EPS (cps) xxx 7.1 10.8 xxx
DPS (cps) xxx 3.0 4.0 xxx
EPS Growth xxx 100.0% 52.0% xxx
DPS Growth xxx - 33.3% 33.3% xxx
PE Ratio xxx N/A 10.2 xxx
Dividend Yield xxx N/A 3.6% xxx
Div Pay Ratio(%) xxx 42.3% 37.1% xxx

Dividend yield today if purchased 3 years ago: 2.83%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 2.67

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 2c (franking 20%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2025 FactSet UK Limited. All rights reserved
Title 201920202021202220232024
EPS Basic xxxxxxxxxxxxxxx7.1
DPS All xxxxxxxxxxxxxxx3.0
Sales/Revenue xxxxxxxxxxxxxxx2,608.0 M
Book Value Per Share xxxxxxxxxxxxxxx144.4
Net Operating Cash Flow xxxxxxxxxxxxxxx216.0 M
Net Profit Margin xxxxxxxxxxxxxxx6.90 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201920202021202220232024
Return on Capital Employed xxxxxxxxxxxxxxx4.78 %
Return on Invested Capital xxxxxxxxxxxxxxx2.32 %
Return on Assets xxxxxxxxxxxxxxx0.54 %
Return on Equity xxxxxxxxxxxxxxx4.78 %
Return on Total Capital xxxxxxxxxxxxxxx5.42 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx63.0 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 201920202021202220232024
Short-Term Debt xxxxxxxxxxxxxxx23,156 M
Long Term Debt xxxxxxxxxxxxxxx5,558 M
Total Debt xxxxxxxxxxxxxxx28,714 M
Goodwill - Gross xxxxxxxxxxxxxxx-
Cash & Equivalents - Generic xxxxxxxxxxxxxxx1,379 M
Price To Book Value xxxxxxxxxxxxxxx1.10

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201920202021202220232024
Capex xxxxxxxxxxxxxxx47.0 M
Capex % of Sales xxxxxxxxxxxxxxx1.80 %
Cost of Goods Sold xxxxxxxxxxxxxxx-
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx842 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx5,897 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

0.2

No. Of Recommendations

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

Ord Minnett

xx/xx/xxxx

3

xxxx

$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 xxxxxxx xxxx xxxx

$xx.xx

xx.xx%

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

Morgan Stanley

17/02/2025

1

Overweight

$1.76

60.00%

Morgan Stanley believes the pullback in AMP is "overdone" in the wake of the 2024 results and, as it offers more than 30% EPS growth in 2025, the stock presents a compelling case.

The 2025 dividend outlook was disappointing yet the broker believes the company can move to a mid-50% payout by 2026.

Platforms are expected to improve to $1.2bn in 2025, and net inflows were well ahead of expectations in the December quarter. The broker also flags the emerging longevity products, "a powerful growth thematic".

Target is reduced to $1.76 from $1.90 and an Overweight rating is maintained. Industry view is In-Line.

FORECAST
Morgan Stanley forecasts a full year FY25 EPS of 12.00 cents.
Morgan Stanley forecasts a full year FY26 EPS of 13.00 cents.

Macquarie

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

Citi

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
Access Stockbroker Research History >
EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

2

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

Goldman Sachs

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

Jarden

17/02/2025

3

Neutral

$1.40

27.27%

Jarden notes AMP's 2024 result was ahead of estimates yet concerns surrounding capital management remain uppermost for investors. Should the portfolio mix continue to trend towards managed accounts this could put further downward pressure on margins as well.

There were some key positives, with Jarden pointing out the business is delivering on cost cutting initiatives while flow momentum may be able to stem market share losses. Neutral rating retained. Target is reduced to $1.40 from $1.45.

FORECAST
Jarden forecasts a full year FY25 dividend of 4.00 cents and EPS of 11.40 cents.
Jarden forecasts a full year FY26 dividend of 5.00 cents and EPS of 11.90 cents.
Access Extra Coverage Research History >

AMP STOCK CHART

FNArena News on AMP

1
Weekly Ratings, Targets, Forecast Changes – 04-04-25

Apr 07 2025 - Weekly Reports
2
ESG Focus: Fund Flows, Tariffs, Defence & AI

Mar 20 2025 - ESG Focus
3
February Result Season 2025: The Wrap

Mar 14 2025 - Feature Stories
4
Rudi’s View: February’s Reality Check

Mar 05 2025 - Rudi's View
5
Rudi’s View: More Beats In Early Feb Results

Feb 19 2025 - Rudi's View

Latest Wealth Management & Investments News

1
Weekly Update On LICs & LITs – 08-Apr-2025

Apr 08 2025 - Weekly Reports
2
Monthly Listed Investment Trust Report – Apr 2025

Apr 07 2025 - Australia
3
Macquarie Shares Poised For Sharp Bounce

Apr 01 2025 - Technicals
4
Weekly Update On LICs & LITs – 25-Mar-2025

Mar 25 2025 - Weekly Reports
5
Weekly Update On LICs & LITs – 18-Mar-2025

Mar 18 2025 - Weekly Reports
6
Confident Qualitas Overlooked By Equity Investors

Mar 17 2025 - Small Caps
7
Future Looks Bright For Generation Development

Mar 11 2025 - Small Caps
8
Weekly Update On LICs & LITs – 11-Mar-2025

Mar 11 2025 - Weekly Reports
9
Monthly Listed Investment Trust Report – Mar 2025

Mar 10 2025 - Australia
10
Weekly Update On LICs & LITs – 25-Feb-2025

Feb 25 2025 - Weekly Reports