American Express (NYSE:AXP) Posts Earnings Results, Beats Expectations By $0.04 EPS

American Express (NYSE:AXP) released its quarterly earnings results on Friday. The payment services company reported $3.04 EPS for the quarter, beating the consensus estimate of $3.00 by $0.04, Zacks reports. American Express had a net margin of 15.32% and a return on equity of 32.46%. American Express updated its FY 2025 guidance to 15.000-15.500 EPS.

American Express Trading Down 1.5 %

NYSE:AXP opened at $320.87 on Friday. The company has a market capitalization of $226.04 billion, a PE ratio of 23.61, a P/E/G ratio of 1.51 and a beta of 1.23. American Express has a 52-week low of $186.43 and a 52-week high of $326.27. The stock’s 50 day moving average price is $302.35 and its 200 day moving average price is $274.66. The company has a quick ratio of 1.63, a current ratio of 1.63 and a debt-to-equity ratio of 1.80.

American Express Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, February 10th. Stockholders of record on Friday, January 3rd will be issued a $0.70 dividend. This represents a $2.80 annualized dividend and a dividend yield of 0.87%. The ex-dividend date of this dividend is Friday, January 3rd. American Express’s payout ratio is currently 20.60%.

Analyst Ratings Changes

A number of brokerages recently issued reports on AXP. HSBC raised their price objective on American Express from $270.00 to $294.00 and gave the stock a “hold” rating in a research report on Friday. Barclays lifted their target price on shares of American Express from $250.00 to $257.00 and gave the company an “equal weight” rating in a report on Monday, October 21st. Compass Point upped their price target on American Express from $315.00 to $325.00 and gave the stock a “neutral” rating in a research note on Thursday, December 19th. Wells Fargo & Company lifted their price objective on American Express from $300.00 to $340.00 and gave the company an “overweight” rating in a research note on Friday, January 3rd. Finally, UBS Group lifted their target price on American Express from $283.00 to $320.00 and gave the company a “neutral” rating in a research report on Monday, January 13th. Three equities research analysts have rated the stock with a sell rating, twelve have given a hold rating and ten have given a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $281.00.

Insider Buying and Selling at American Express

In other American Express news, CFO Caillec Christophe Le sold 6,000 shares of the stock in a transaction that occurred on Wednesday, November 27th. The stock was sold at an average price of $303.48, for a total transaction of $1,820,880.00. Following the completion of the sale, the chief financial officer now directly owns 6,433 shares of the company’s stock, valued at approximately $1,952,286.84. This trade represents a 48.26 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Vice Chairman Douglas E. Buckminster sold 13,111 shares of the business’s stock in a transaction on Tuesday, October 29th. The shares were sold at an average price of $270.98, for a total transaction of $3,552,818.78. Following the completion of the transaction, the insider now directly owns 109,691 shares in the company, valued at $29,724,067.18. This represents a 10.68 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.12% of the stock is owned by company insiders.

About American Express

American Express Company, together with its subsidiaries, operates as integrated payments company in the United States, Europe, the Middle East and Africa, the Asia Pacific, Australia, New Zealand, Latin America, Canada, the Caribbean, and Internationally. It operates through four segments: U.S. Consumer Services, Commercial Services, International Card Services, and Global Merchant and Network Services.