AMP

Ameriprise Financial Services has demonstrated a strong track record of beating earnings estimates, surpassing consensus by an average of 6.83% over the last two quarters. With a positive Earnings ESP of +0.23% and a Zacks Rank #3 (Hold), the company appears well-positioned to deliver another earnings beat in its next report expected on October 29, 2026. Stocks combining positive Earnings ESP with a Zacks Rank #3 or better historically beat consensus estimates nearly 70% of the time.

Zacks identifies Ameriprise Financial (AMP) as an attractive value stock with a Zacks Rank #2 (Buy) and Value grade of A. The company's valuation metrics, including a P/E ratio of 12.26 and P/CF ratio of 15.60, are favorable compared to industry averages, suggesting the stock is undervalued with strong earnings outlook.

Ameriprise Financial authorized an additional $5.5 billion for share repurchases through September 2028, supported by strong excess capital and free cash flow generation. The company returned $1.9 billion to shareholders in H1 2026 and has returned approximately $25 billion over the past decade. However, competing capital investments in technology, AI, and business expansion raise questions about long-term sustainability of the buyback program.