American Electric Power (NASDAQ:AEP) Releases Earnings Results

American Electric Power (NASDAQ:AEP) posted its quarterly earnings results on Thursday. The company reported $1.24 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $1.24, Zacks reports. American Electric Power had a return on equity of 11.41% and a net margin of 13.48%. During the same quarter in the previous year, the business posted $1.23 EPS. American Electric Power updated its FY 2025 guidance to 5.750-5.950 EPS.

American Electric Power Stock Performance

Shares of American Electric Power stock traded up $1.35 during trading hours on Friday, hitting $102.34. 183,835 shares of the company’s stock traded hands, compared to its average volume of 3,257,188. The company has a fifty day simple moving average of $95.45 and a 200-day simple moving average of $97.92. American Electric Power has a 12-month low of $79.01 and a 12-month high of $105.18. The stock has a market capitalization of $54.45 billion, a price-to-earnings ratio of 20.54, a PEG ratio of 2.84 and a beta of 0.58. The company has a debt-to-equity ratio of 1.47, a current ratio of 0.57 and a quick ratio of 0.41.

American Electric Power Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 10th. Stockholders of record on Monday, February 10th will be given a dividend of $0.93 per share. This represents a $3.72 annualized dividend and a dividend yield of 3.64%. The ex-dividend date is Monday, February 10th. American Electric Power’s dividend payout ratio is presently 74.55%.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the company. Bank of America upgraded American Electric Power from an “underperform” rating to a “buy” rating and increased their price target for the stock from $98.00 to $104.00 in a report on Monday, January 13th. JPMorgan Chase & Co. reiterated a “neutral” rating and issued a $102.00 target price (down from $109.00) on shares of American Electric Power in a report on Thursday, December 12th. Guggenheim upgraded American Electric Power from a “neutral” rating to a “buy” rating in a report on Thursday, January 23rd. UBS Group increased their target price on American Electric Power from $91.00 to $95.00 and gave the stock a “sell” rating in a report on Thursday, November 7th. Finally, Evercore ISI cut their target price on American Electric Power from $97.00 to $96.00 and set an “in-line” rating on the stock in a report 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’s stock. Based on data from MarketBeat, American Electric Power presently has an average rating of “Hold” and a consensus price target of $98.00.

About American Electric Power

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.