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

$2.40

15 Oct
2026

0.000

OPEN

$2.39

0.000

HIGH

$2.45

15,575,882

LOW

$2.23

TARGET
$2.566 6.9% upside
Franking for last dividend paid out: 20%
OTHER COMPANIES IN THE SAME SECTOR
AEF . ASX . BVS . CGF . DJW . GDG . GQG . HMC . HUB . IFT . IRE . KAM . KSL . L1G . 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 13.4 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 17.5 xxx
Dividend Yield xxx N/A 2.6% xxx
Div Pay Ratio(%) xxx 76.0% 44.7% xxx

Dividend yield today if purchased 3 years ago: 3.49%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 1.67

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: 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 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

0.8

No. Of Recommendations

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

Citi

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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UBS

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

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Ord Minnett

16/10/2026

1

Buy

$2.80

16.67%

Ord Minnett observes September quarter cashflow at AMP revealed momentum was largely positive and flows improved. Net cash inflow was $611m in the quarter. Market movements, a significant driver of earnings, were observed as "relatively muted" in the quarter, contributing just $254m to AUM growth.

The broker was less enthusiastic about the bank segment, although this is a smaller part of the overall business now. Momentum appears to have stalled, with the total mortgage book down to $23.2bn in the quarter, from $23.6bn, and deposits down to $17.6bn from $17.8bn.

Ord Minnett maintains a Buy rating and $2.80 target, noting the stock continues to trade at a price-earnings discount to the ASX200, compared with a premium historically.

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 8.00 cents and EPS of 15.00 cents.

Macquarie

xx/xx/xxxx

1

xxxxxxx xx xxxxxxxxxx xxxx xxxxxxx

$xx.xx

xx.xx%

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Morgan Stanley

xx/xx/xxxx

1

xxxxxxxxxx

$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

25/08/2026

2

Upgrade to Overweight from Neutral

$2.60

8.33%

Jarden upgrades its recommendation for AMP to Overweight from Neutral with its target price increased to $2.60 from $2.40 on expectations that significant excess capital and effective cash deployment will underwrite the next leg of shareholder returns.

The analyst forecasts that AMP will return $1.3bn to shareholders by FY28 through a combination of annual share buybacks of $300m and a dividend yield.

The broker's estimates indicate that alongside these returns, assuming a debt repayment of $275m at maturity, projected earnings per share upgrades will run 11% above market consensus by FY28.

The analyst highlights that a long-growth runway in China associates and potential bank realisation optionality present a favourable risk-and-reward profile.
Access Extra Coverage Research History >

AMP STOCK CHART

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