American Electric Power (NASDAQ:AEP – Get Free Report) updated its FY 2025 earnings guidance on Tuesday. The company provided earnings per share guidance of 5.710-5.910 for the period. The company issued revenue guidance of -.
Analyst Upgrades and Downgrades
A number of research analysts recently commented on AEP shares. Morgan Stanley set a $114.00 price target on American Electric Power and gave the company an “overweight” rating in a research note on Wednesday, April 23rd. Guggenheim upgraded shares of American Electric Power from a “neutral” rating to a “buy” rating in a research report on Thursday, January 23rd. Barclays increased their price target on shares of American Electric Power from $95.00 to $106.00 and gave the stock an “equal weight” rating in a research report on Tuesday, April 22nd. Bank of America boosted their price objective on shares of American Electric Power from $108.00 to $114.00 and gave the company a “buy” rating in a research report on Tuesday, March 18th. Finally, BMO Capital Markets raised their target price on American Electric Power from $111.00 to $115.00 and gave the company an “outperform” rating in a report on Monday, April 21st. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and four have issued a buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $101.83.
View Our Latest Stock Analysis on AEP
American Electric Power Trading Down 0.2 %
American Electric Power (NASDAQ:AEP – Get Free Report) last released its quarterly earnings results on Tuesday, May 6th. The company reported $1.54 earnings per share for the quarter, missing the consensus estimate of $1.88 by ($0.34). American Electric Power had a return on equity of 11.27% and a net margin of 15.08%. During the same period in the prior year, the firm earned $1.27 EPS. As a group, sell-side analysts expect that American Electric Power will post 5.87 EPS for the current fiscal year.
American Electric Power Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, June 10th. Stockholders of record on Friday, May 9th will be paid a dividend of $0.93 per share. This represents a $3.72 annualized dividend and a dividend yield of 3.46%. The ex-dividend date is Friday, May 9th. American Electric Power’s payout ratio is currently 66.43%.
Institutional Trading of American Electric Power
A hedge fund recently raised its stake in American Electric Power stock. Brighton Jones LLC raised its stake in American Electric Power Company, Inc. (NASDAQ:AEP – Free Report) by 11.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 10,601 shares of the company’s stock after buying an additional 1,095 shares during the period. Brighton Jones LLC’s holdings in American Electric Power were worth $978,000 as of its most recent SEC filing. 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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