American Electric Power (AEP) to Release Earnings on Tuesday

American Electric Power (NASDAQ:AEP - Get Free Report) is projected to announce its Q1 2025 earnings results before the market opens on Tuesday, May 6th. Analysts expect American Electric Power to post earnings of $1.88 per share and revenue of $5.33 billion for the quarter. American Electric Power has set its FY 2025 guidance at 5.750-5.950 EPS.

American Electric Power (NASDAQ:AEP - Get Free Report) last issued its quarterly earnings results on Thursday, February 13th. The company reported $1.24 earnings per share (EPS) for the quarter, hitting the consensus estimate of $1.24. American Electric Power had a net margin of 15.08% and a return on equity of 11.27%. During the same quarter last year, the company posted $1.23 earnings per share. On average, analysts expect American Electric Power to post $6 EPS for the current fiscal year and $6 EPS for the next fiscal year.

American Electric Power Stock Performance

Shares of AEP traded up $0.15 during mid-day trading on Friday, hitting $107.69. The stock had a trading volume of 1,984,658 shares, compared to its average volume of 3,152,079. The company has a debt-to-equity ratio of 1.46, a current ratio of 0.44 and a quick ratio of 0.31. The firm has a market cap of $57.47 billion, a P/E ratio of 19.23, a PEG ratio of 2.97 and a beta of 0.43. American Electric Power has a 52 week low of $85.93 and a 52 week high of $110.48. The business has a fifty day moving average price of $105.63 and a 200-day moving average price of $100.05.

American Electric Power Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 10th. Stockholders of record on Friday, May 9th will be paid a $0.93 dividend. The ex-dividend date of this dividend is Friday, May 9th. This represents a $3.72 annualized dividend and a dividend yield of 3.45%. American Electric Power's payout ratio is 66.43%.

Institutional Investors Weigh In On American Electric Power

A hedge fund recently raised its stake in American Electric Power stock. Brighton Jones LLC grew its stake in shares of American Electric Power Company, Inc. (NASDAQ:AEP - Free Report) by 11.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 10,601 shares of the company's stock after purchasing an additional 1,095 shares during the quarter. Brighton Jones LLC's holdings in American Electric Power were worth $978,000 at the end of the most recent quarter. 75.24% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several equities research analysts have issued reports on the company. Morgan Stanley set a $114.00 target price on American Electric Power and gave the stock an "overweight" rating in a research report on Wednesday, April 23rd. Barclays upped their price target on American Electric Power from $95.00 to $106.00 and gave the company an "equal weight" rating in a research report on Tuesday, April 22nd. BMO Capital Markets boosted their price objective on shares of American Electric Power from $111.00 to $115.00 and gave the company an "outperform" rating in a research note on Monday, April 21st. Guggenheim upgraded shares of American Electric Power from a "neutral" rating to a "buy" rating in a research report on Thursday, January 23rd. Finally, Bank of America boosted their target price on American Electric Power from $108.00 to $114.00 and gave the stock a "buy" rating in a research report on Tuesday, March 18th. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat, the stock has an average rating of "Hold" and an average target price of $101.69.

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.