American Electric Power (NASDAQ:AEP) Updates 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.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on the company. Barclays raised their price objective on American Electric Power from $96.00 to $100.00 and gave the company an “equal weight” rating in a research report on Tuesday, October 15th. UBS Group increased their price objective on shares of American Electric Power from $91.00 to $95.00 and gave the stock a “sell” rating in a research note on Thursday. JPMorgan Chase & Co. raised their target price on American Electric Power from $108.00 to $112.00 and gave the stock an “overweight” rating in a report on Friday, October 18th. BMO Capital Markets cut their price objective on American Electric Power from $111.00 to $104.00 and set an “outperform” rating for the company in a research report on Thursday. Finally, Jefferies Financial Group initiated coverage on American Electric Power in a report on Friday, September 20th. They set a “hold” rating and a $107.00 target price for the company. Two research analysts have 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. According to data from MarketBeat, American Electric Power currently has a consensus rating of “Hold” and a consensus price target of $98.27.

American Electric Power Trading Up 0.2 %

Shares of American Electric Power stock traded up $0.19 during trading hours on Friday, reaching $96.52. The stock had a trading volume of 1,354,163 shares, compared to its average volume of 3,148,667. The company has a current ratio of 0.65, a quick ratio of 0.48 and a debt-to-equity ratio of 1.53. The firm has a market capitalization of $51.36 billion, a price-to-earnings ratio of 19.28, a P/E/G ratio of 2.81 and a beta of 0.55. The firm has a 50 day simple moving average of $100.59 and a two-hundred day simple moving average of $94.79. American Electric Power has a 1 year low of $74.97 and a 1 year high of $105.18.

American Electric Power Increases Dividend

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

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.