American Express (NYSE:AXP) Announces Quarterly Earnings Results

American Express (NYSE:AXP) announced its quarterly earnings data on Friday. The payment services company reported $3.04 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.00 by $0.04, Zacks reports. American Express had a return on equity of 32.46% and a net margin of 15.32%. American Express updated its FY 2025 guidance to 15.000-15.500 EPS.

American Express Trading Down 1.5 %

Shares of American Express stock opened at $320.87 on Friday. The company has a 50 day simple moving average of $301.67 and a two-hundred day simple moving average of $274.06. The firm has a market cap of $226.04 billion, a PE ratio of 23.61, a PEG ratio of 1.51 and a beta of 1.23. American Express has a 1 year low of $186.43 and a 1 year high of $326.27. The company has a debt-to-equity ratio of 1.80, a current ratio of 1.63 and a quick ratio of 1.63.

American Express Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, February 10th. Investors of record on Friday, January 3rd will be given a $0.70 dividend. This represents a $2.80 annualized dividend and a dividend yield of 0.87%. The ex-dividend date of this dividend is Friday, January 3rd. American Express’s dividend payout ratio (DPR) is 20.60%.

Wall Street Analyst Weigh In

AXP has been the topic of several research reports. TD Cowen lifted their price objective on shares of American Express from $260.00 to $268.00 and gave the stock a “hold” rating in a research report on Monday, October 21st. Evercore ISI upped their price objective on American Express from $275.00 to $290.00 and gave the company an “in-line” rating in a research note on Monday, October 7th. Morgan Stanley raised their target price on American Express from $252.00 to $305.00 and gave the stock an “equal weight” rating in a research report on Thursday, December 19th. StockNews.com raised American Express from a “hold” rating to a “buy” rating in a research report on Saturday, January 11th. Finally, UBS Group lifted their price objective on American Express from $283.00 to $320.00 and gave the stock a “neutral” rating in a report on Monday, January 13th. Three analysts have rated the stock with a sell rating, twelve have given a hold rating and ten have assigned a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $281.00.

Insider Transactions at American Express

In other American Express news, CFO Caillec Christophe Le sold 6,000 shares of the company’s stock in a transaction that occurred on Wednesday, November 27th. The stock was sold at an average price of $303.48, for a total value of $1,820,880.00. Following the completion of the sale, the chief financial officer now owns 6,433 shares of the company’s stock, valued at $1,952,286.84. This represents a 48.26 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Vice Chairman Douglas E. Buckminster sold 13,111 shares of American Express stock in a transaction that occurred on Tuesday, October 29th. The stock was sold at an average price of $270.98, for a total transaction of $3,552,818.78. Following the transaction, the insider now directly owns 109,691 shares in the company, valued at $29,724,067.18. This trade represents a 10.68 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.12% 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.