American Electric Power Company, Inc. (NASDAQ:AEP – Free Report) – Investment analysts at Scotiabank issued their FY2026 earnings per share estimates for shares of American Electric Power in a research note issued on Wednesday, January 8th. Scotiabank analyst A. Weisel anticipates that the company will post earnings per share of $6.23 for the year. Scotiabank has a “Sector Perform” rating and a $102.00 price objective on the stock. The consensus estimate for American Electric Power’s current full-year earnings is $5.62 per share.
AEP has been the subject of several other reports. BMO Capital Markets dropped their target price on shares of American Electric Power from $108.00 to $100.00 and set an “outperform” rating for the company in a research report on Friday. Morgan Stanley lowered their price objective on shares of American Electric Power from $109.00 to $104.00 and set an “overweight” rating for the company in a report on Friday, November 22nd. JPMorgan Chase & Co. reiterated a “neutral” rating and set a $102.00 target price (down previously from $109.00) on shares of American Electric Power in a report on Thursday, December 12th. Jefferies Financial Group began coverage on American Electric Power in a research note on Friday, September 20th. They issued a “hold” rating and a $107.00 target price for the company. Finally, Barclays reduced their price target on American Electric Power from $100.00 to $99.00 and set an “equal weight” rating on the stock in a research note on Tuesday, November 26th. Two analysts have rated the stock with a sell rating, ten have given a hold rating and four have issued a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $96.60.
American Electric Power Stock Performance
Shares of AEP stock opened at $93.51 on Thursday. The firm has a market capitalization of $49.76 billion, a price-to-earnings ratio of 18.74, a PEG ratio of 2.70 and a beta of 0.56. The stock has a fifty day moving average of $94.72 and a 200 day moving average of $96.56. American Electric Power has a 52 week low of $75.22 and a 52 week high of $105.18. The company has a quick ratio of 0.41, a current ratio of 0.57 and a debt-to-equity ratio of 1.47.
American Electric Power Increases Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, December 10th. Investors of record on Friday, November 8th were given a dividend of $0.93 per share. The ex-dividend date was Friday, November 8th. This is a boost from American Electric Power’s previous quarterly dividend of $0.88. This represents a $3.72 annualized dividend and a dividend yield of 3.98%. American Electric Power’s dividend payout ratio (DPR) is 74.55%.
Hedge Funds Weigh In On American Electric Power
A number of hedge funds have recently bought and sold shares of the business. HHM Wealth Advisors LLC boosted its holdings in shares of American Electric Power by 57.2% during the 2nd quarter. HHM Wealth Advisors LLC now owns 283 shares of the company’s stock valued at $25,000 after acquiring an additional 103 shares during the last quarter. Legacy Investment Solutions LLC bought a new stake in American Electric Power in the 3rd quarter worth approximately $25,000. Safe Harbor Fiduciary LLC purchased a new stake in American Electric Power during the 3rd quarter valued at $33,000. Reston Wealth Management LLC purchased a new stake in American Electric Power during the 3rd quarter valued at $48,000. Finally, Future Financial Wealth Managment LLC purchased a new position in shares of American Electric Power in the 3rd quarter worth $50,000. Hedge funds and other institutional investors own 75.24% of the company’s stock.
American Electric Power Company Profile
American Electric Power Company, Inc, an electric public utility holding company, engages in the generation, transmission, and distribution of electricity for sale to retail and wholesale customers in the United States. It operates through Vertically Integrated Utilities, Transmission and Distribution Utilities, AEP Transmission Holdco, and Generation & Marketing segments.
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