American Electric Power (NASDAQ:AEP) Issues FY 2025 Earnings Guidance

American Electric Power (NASDAQ:AEP) updated its FY 2025 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 5.750-5.950 for the period, compared to the consensus estimate of 5.980. The company issued revenue guidance of -. American Electric Power also updated its FY 2024 guidance to 5.580-5.680 EPS.

American Electric Power Stock Performance

Shares of American Electric Power stock traded up $1.16 during trading on Friday, reaching $96.56. The company’s stock had a trading volume of 1,348,306 shares, compared to its average volume of 3,148,403. The firm has a market cap of $51.38 billion, a PE ratio of 19.28, a P/E/G ratio of 2.81 and a beta of 0.55. The company has a 50-day moving average price of $100.59 and a two-hundred day moving average price of $94.79. The company has a current ratio of 0.65, a quick ratio of 0.48 and a debt-to-equity ratio of 1.53. American Electric Power has a fifty-two week low of $74.97 and a fifty-two week high of $105.18.

American Electric Power Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 10th. Shareholders of record on Friday, November 8th will be given a dividend of $0.93 per share. This represents a $3.72 dividend on an annualized basis and a yield of 3.85%. The ex-dividend date is Friday, November 8th. This is an increase from American Electric Power’s previous quarterly dividend of $0.88. American Electric Power’s payout ratio is 70.12%.

Analyst Ratings Changes

Several equities analysts have recently commented on AEP shares. Barclays increased their price target on shares of American Electric Power from $96.00 to $100.00 and gave the stock an “equal weight” rating in a research report on Tuesday, October 15th. Bank of America increased their target price on American Electric Power from $97.00 to $98.00 and gave the stock an “underperform” rating in a report on Thursday, August 29th. Scotiabank boosted their price target on American Electric Power from $99.00 to $108.00 and gave the company a “sector outperform” rating in a report on Tuesday, August 20th. UBS Group raised their price objective on American Electric Power from $91.00 to $95.00 and gave the stock a “sell” rating in a research note on Thursday. Finally, Evercore ISI dropped their target price on shares of American Electric Power from $97.00 to $96.00 and set an “in-line” rating on the stock in a report on Thursday. Two research analysts have rated the stock with a sell rating, eight have given a hold rating and six have issued a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $98.27.

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.