American Express (NYSE:AXP) Updates FY 2025 Earnings Guidance

American Express (NYSE:AXP) updated its FY 2025 earnings guidance on Thursday. The company provided earnings per share guidance of 15.000-15.500 for the period, compared to the consensus earnings per share estimate of 15.250. The company issued revenue guidance of $71.2 billion-$72.5 billion, compared to the consensus revenue estimate of $71.3 billion.

American Express Stock Down 0.6 %

Shares of NYSE:AXP opened at $251.48 on Friday. American Express has a 12-month low of $218.84 and a 12-month high of $326.28. The stock’s 50-day moving average price is $272.87 and its two-hundred day moving average price is $287.59. The company has a current ratio of 1.58, a quick ratio of 1.57 and a debt-to-equity ratio of 1.64. The firm has a market cap of $176.67 billion, a price-to-earnings ratio of 17.95, a PEG ratio of 1.41 and a beta of 1.16.

American Express (NYSE:AXP) last released its earnings results on Thursday, April 17th. The payment services company reported $3.64 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.47 by $0.17. The firm had revenue of $16.97 billion during the quarter, compared to the consensus estimate of $17.04 billion. American Express had a net margin of 15.36% and a return on equity of 32.65%. During the same period in the previous year, the firm earned $3.33 earnings per share. On average, research analysts forecast that American Express will post 15.33 EPS for the current year.

American Express Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, May 9th. Investors of record on Friday, April 4th will be issued a $0.82 dividend. The ex-dividend date is Friday, April 4th. This represents a $3.28 dividend on an annualized basis and a yield of 1.30%. This is a boost from American Express’s previous quarterly dividend of $0.70. American Express’s dividend payout ratio (DPR) is presently 23.41%.

Analyst Upgrades and Downgrades

AXP has been the topic of a number of research reports. StockNews.com downgraded American Express from a “buy” rating to a “hold” rating in a report on Monday, January 27th. Baird R W upgraded shares of American Express from a “strong sell” rating to a “hold” rating in a research note on Friday, March 14th. Royal Bank of Canada cut their price target on American Express from $350.00 to $310.00 and set an “outperform” rating on the stock in a research note on Monday, April 14th. As part of a broader Q1 preview for Consumer Finance, RBC anticipates seasonally-driven trends with lower loans and volumes, stable credit performance, and possibly elevated loan loss provisions due to uncertainty. Wells Fargo & Company raised their price objective on shares of American Express from $355.00 to $370.00 and gave the stock an “overweight” rating in a report on Friday, January 31st. Finally, Truist Financial lowered their price target on American Express from $350.00 to $343.00 and set a “buy” rating for the company in a report on Friday, April 4th. Two investment analysts have rated the stock with a sell rating, fifteen have issued a hold rating and nine have issued a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $294.90.

Insiders Place Their Bets

In other news, insider Raymond Joabar sold 15,179 shares of American Express stock in a transaction on Tuesday, January 28th. The stock was sold at an average price of $313.94, for a total transaction of $4,765,295.26. Following the transaction, the insider now owns 23,866 shares in the company, valued at approximately $7,492,492.04. The trade was a 38.88 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Michael J. Angelakis acquired 3,700 shares of the firm’s stock in a transaction that occurred on Friday, March 7th. The stock was acquired at an average price of $269.89 per share, with a total value of $998,593.00. Following the completion of the acquisition, the director now directly owns 3,700 shares of the company’s stock, valued at $998,593. This represents a ∞ increase in their position. The disclosure for this purchase can be found here. 0.20% of the stock is owned by insiders.

Institutional Trading of American Express

A hedge fund recently raised its stake in American Express stock. Brighton Jones LLC lifted its position in shares of American Express (NYSE:AXP) by 24.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 6,481 shares of the payment services company’s stock after purchasing an additional 1,273 shares during the quarter. Brighton Jones LLC’s holdings in American Express were worth $1,924,000 as of its most recent filing with the Securities and Exchange Commission. Institutional investors and hedge funds own 84.33% of the company’s stock.

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.