Ameriprise Financial has delivered positive earnings surprises in nine of its past ten quarters, beating consensus EPS estimates by an average of $0.18. The firm’s track record is supported by disciplined expense management and a 9.0% year-over-year revenue increase in its most recent quarter, positioning it well to exceed analysts’ estimates again in the upcoming report.

Among ten brokerages covering Ameriprise, two carry sell ratings, four are neutral, three are bullish and one has a strong-buy view, resulting in an average recommendation of Hold. The average one-year price objective sits at 528.75, with recent revisions ranging from a low of 485.00 by Morgan Stanley to a high of 554.00 by Argus, reflecting divergent views on the stock’s growth trajectory and valuation.

In its latest quarterly release, Ameriprise reported EPS of 9.92, topping the consensus by 0.16, on revenue of 4.73 billion, outperforming expectations by more than 200 million. Return on equity reached 64.97% and net margin was 20.12%. Analysts forecast full-year EPS of 38.64, implying continued strength in fee-based wealth management and insurance product sales.

Ameriprise declared a quarterly dividend of 1.60 per share, annualizing to 6.40 with a payout ratio of 17.55%. Insider selling accounted for a 16.67% reduction in one director’s stake after offloading 1,500 shares. Institutional ownership remains high at 83.95%, with hedge funds like Whipplewood Advisors and Salomon & Ludwin increasing positions by over 70% and 115% respectively in recent quarters, underscoring continued confidence from large investors.