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

$2.13

23 Jul
2026

0.000

OPEN

$2.13

0.000

HIGH

$2.20

16,083,315

LOW

$2.11

TARGET
$2.036 -4.4% downside
Franking for last dividend paid out: 20%
OTHER COMPANIES IN THE SAME SECTOR
AEF . ASX . BVS . CGF . CVW . DJW . ENN . GDG . GQG . HMC . HUB . IFT . IRE . KAM . KSL . 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 12.9 xxx
DPS (cps) xxx 4.0 4.0 xxx
EPS Growth xxx - 25.8% 100.0% xxx
DPS Growth xxx 33.3% 0.0% xxx
PE Ratio xxx N/A 16.4 xxx
Dividend Yield xxx N/A 1.9% xxx
Div Pay Ratio(%) xxx 76.0% 31.1% xxx

Dividend yield today if purchased 3 years ago: 3.69%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 1.90

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: 27/02 - ex-div 2.00c (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

0.7

No. Of Recommendations

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

Macquarie

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

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Citi

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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UBS

17/07/2026

1

Buy

$2.19

2.82%

AMP has guided to first half underlying profit of $170-180m, which is well ahead of UBS' prior estimates. Some of this is one-off, such as the North guarantee gains of $5m and carried partnership interests of $13m, with revaluations down -$12m.

The broker still expects the recurring result will be closer to around $169m.

The main driver is a strong China joint venture partnership and, while the market has been reluctant to value what it perceives as opaque profit streams, growth appears very strong. This now comprises one third of recurring group profits.

The stock remains a preferred platform exposure going into the August results and a Buy rating is maintained. Target rises to $2.19 from $1.91.

FORECAST
UBS forecasts a full year FY26 dividend of 4.00 cents and EPS of 14.00 cents.
UBS forecasts a full year FY27 dividend of 4.00 cents and EPS of 16.00 cents.

Ord Minnett

xx/xx/xxxx

2

xxxxxxxxx xx xxxxxxxxxx xxxx xxx

$xx.xx

xx.xx%

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Login above or Get a Free Trial

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

20/07/2026

3

Neutral

$2.00

-6.10%

Jarden maintains a Neutral rating for AMP while lifting its target price to $2.00 from $1.80 following an underlying profit guidance of $170m-$180m for the first half of 2026.

This guidance represents a significant beat against prior expectations, primarily driven by strong growth in China partnerships, asset sales, and favourable market-related impacts.

The analyst highlights that China earnings are now forecast to comprise up to 33% of group profits, exhibiting a stronger near-term growth trajectory than the remaining ex-China businesses.

Earnings per share assumptions are raised by 17% for FY26 and approximately 8%-9% for subsequent periods.

With the $150m buyback program completed, investor attention will likely pivot towards bank remediation progress and platform business flow momentum.

FORECAST
Jarden forecasts a full year FY26 dividend of 4.00 cents and EPS of 14.00 cents.
Jarden forecasts a full year FY27 dividend of 4.00 cents and EPS of 13.80 cents.
Access Extra Coverage Research History >

AMP STOCK CHART

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Jul 23 2026 - Rudi's View
2
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