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: 203.65
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

$1.815

08 Jan
2026

0.005

OPEN

$1.81

0.28%

HIGH

$1.82

3,139,707

LOW

$1.81

TARGET
$2.024 11.5% upside
Franking for last dividend paid out: 20%
OTHER COMPANIES IN THE SAME SECTOR
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FNARENA'S MARKET CONSENSUS FORECASTS
AMP: 1
Title FY23
Actual		 FY24
Actual		 FY25
Forecast		 FY26
Forecast
EPS (cps) xxx 7.1 11.2 xxx
DPS (cps) xxx 3.0 4.0 xxx
EPS Growth xxx 100.0% 57.3% xxx
DPS Growth xxx - 33.3% 33.3% xxx
PE Ratio xxx N/A 16.1 xxx
Dividend Yield xxx N/A 2.2% xxx
Div Pay Ratio(%) xxx 42.3% 35.9% xxx

Dividend yield today if purchased 3 years ago: 2.37%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 1.68

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 201920202021202220232024
EPS Basic xxxxxxxxxxxxxxx7.1
DPS All xxxxxxxxxxxxxxx3.0
Sales/Revenue xxxxxxxxxxxxxxx2,679.0 M
Book Value Per Share xxxxxxxxxxxxxxx144.4
Net Operating Cash Flow xxxxxxxxxxxxxxx216.0 M
Net Profit Margin xxxxxxxxxxxxxxx6.72 %

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 xxxxxxxxxxxxxxx0.23 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx110.0 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 xxxxxxxxxxxxxxx1.75 %
Cost of Goods Sold xxxxxxxxxxxxxxx1,823 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx782 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx29,320 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

0.3

No. Of Recommendations

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

Ord Minnett

xx/xx/xxxx

2

xxxxxxxxxx

$xx.xx

xx.xx%

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Morgan Stanley

xx/xx/xxxx

1

xxxxxxxxxx

$xx.xx

xx.xx%

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Macquarie

04/11/2025

3

Neutral

$1.92

5.79%

Following a review of APRA's monthly statistics, Macquarie notes AMP's mortgage growth remains below system, reflecting management’s focus on margin over volume.

As of September, Gross loans and acceptances (GLAA) at AMP Bank were up 2.3% since Dec 2024, lagging market growth of 5.2%, and -45bps below the broker's estimate for December 2025.

The broker reminds AMP Bank contributed 27% to the group's net profit 1H25, and will monitor GLAA trends as the key gauge of margin-volume trade-off discipline.

FY25 EPS forecast lifted by 3.5% and FY26 by 7.6% to account for the remodelling of Chinese partnerships in corporate expenses.

Neutral. Target rises to $1.92 from $1.80.

FORECAST
Macquarie forecasts a full year FY25 dividend of 4.00 cents and EPS of 11.00 cents.
Macquarie forecasts a full year FY26 dividend of 4.00 cents and EPS of 11.00 cents.

Citi

xx/xx/xxxx

3

xxxxxxxxx xx xxxxxxx xxxx xxx

$xx.xx

xx.xx%

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UBS

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

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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

17/10/2025

3

Neutral

$1.90

4.68%

AMP's first quarter update showed strong Platform net flows, assesses Jarden, offsetting softer results in Super and Investments. Rising confidence in the capital-light Platform business is seen as the group’s key long-term growth driver.

Loan and deposit growth in AMP Bank exceeded the broker's expectations, though caution is warranted on the net interest margin (NIM) outlook amid competitive deposit pricing.

The analyst believes further upside is dependent on improved Bank and Super performance, asset sales, or capital management.

Jarden raises its target price to $1.90 from $1.70 and retains a Neutral rating.
Access Extra Coverage Research History >

AMP STOCK CHART

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