American Electric Power (NASDAQ:AEP – Get Free Report) updated its FY 2025 earnings guidance on Thursday. The company provided EPS guidance of 5.750-5.950 for the period, compared to the consensus EPS estimate of 5.880. The company issued revenue guidance of -.
Analysts Set New Price Targets
A number of research firms have recently commented on AEP. UBS Group lifted their price target on shares of American Electric Power from $91.00 to $95.00 and gave the company a “sell” rating in a research report on Thursday, November 7th. Barclays dropped their price target on shares of American Electric Power from $100.00 to $99.00 and set an “equal weight” rating on the stock in a research report on Tuesday, November 26th. Wells Fargo & Company dropped their price target on shares of American Electric Power from $104.00 to $102.00 and set an “equal weight” rating on the stock in a research report on Thursday, November 7th. Bank of America raised shares of American Electric Power from an “underperform” rating to a “buy” rating and lifted their price target for the company from $98.00 to $104.00 in a research report on Monday, January 13th. Finally, Evercore ISI lowered their price objective on shares of American Electric Power from $97.00 to $96.00 and set an “in-line” rating on the stock in a research note on Thursday, November 7th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and six have assigned a buy rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $98.00.
View Our Latest Stock Report on American Electric Power
American Electric Power Stock Performance
American Electric Power (NASDAQ:AEP – Get Free Report) last posted its quarterly earnings results on Thursday, February 13th. The company reported $1.24 earnings per share for the quarter, hitting analysts’ consensus estimates of $1.24. American Electric Power had a net margin of 13.48% and a return on equity of 11.41%. During the same quarter in the prior year, the company earned $1.23 EPS. As a group, analysts predict that American Electric Power will post 5.58 earnings per share for the current fiscal year.
American Electric Power Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Monday, March 10th. Shareholders of record on Monday, February 10th will be paid a dividend of $0.93 per share. The ex-dividend date is Monday, February 10th. This represents a $3.72 dividend on an annualized basis and a yield of 3.70%. American Electric Power’s dividend payout ratio is currently 74.55%.
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.
See Also
- Five stocks we like better than American Electric Power
- Value Investing: Is it a Good Strategy in 2022? (Hint: Always)
- Archer Aviation Lands BlackRock Investment—What’s Next for ACHR?
- Election Stocks: How Elections Affect the Stock Market
- Buffett Buys More Occidental Petroleum—Sticking to His Playbook
- Buy P&G Now, Before It Sets A New All-Time High
- CVS Health: Earnings Beat Ignites Stock Rally
Receive News & Ratings for American Electric Power Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for American Electric Power and related companies with MarketBeat.com's FREE daily email newsletter.