American Electric Power (NASDAQ:AEP) Issues Earnings Results, Beats Expectations By $0.14 EPS

American Electric Power (NASDAQ:AEP - Get Free Report) posted its quarterly earnings data on Tuesday. The company reported $1.54 EPS for the quarter, beating the consensus estimate of $1.40 by $0.14, RTT News reports. American Electric Power had a return on equity of 11.27% and a net margin of 15.08%. The business had revenue of $5.46 billion for the quarter, compared to the consensus estimate of $5.33 billion. During the same quarter in the prior year, the business earned $1.27 earnings per share. American Electric Power updated its FY 2025 guidance to 5.710-5.910 EPS.

American Electric Power Price Performance

Shares of NASDAQ AEP opened at $107.44 on Tuesday. The company has a debt-to-equity ratio of 1.46, a quick ratio of 0.31 and a current ratio of 0.44. The stock's 50-day simple moving average is $105.64 and its 200-day simple moving average is $100.09. The firm has a market capitalization of $57.34 billion, a PE ratio of 19.19, a price-to-earnings-growth ratio of 2.97 and a beta of 0.45. American Electric Power has a fifty-two week low of $85.93 and a fifty-two week high of $110.48.

American Electric Power Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 10th. Stockholders of record on Friday, May 9th will be given a dividend of $0.93 per share. This represents a $3.72 dividend on an annualized basis and a dividend yield of 3.46%. The ex-dividend date is Friday, May 9th. American Electric Power's dividend payout ratio is presently 66.43%.

Analysts Set New Price Targets

Several research firms have recently commented on AEP. Bank of America lifted their price objective on American Electric Power from $108.00 to $114.00 and gave the stock a "buy" rating in a report on Tuesday, March 18th. BMO Capital Markets increased their price target on shares of American Electric Power from $111.00 to $115.00 and gave the stock 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 report on Thursday, January 23rd. Barclays upped their price target on American Electric Power from $95.00 to $106.00 and gave the stock an "equal weight" rating in a research note on Tuesday, April 22nd. Finally, Morgan Stanley set a $114.00 price target on shares of American Electric Power and gave the company an "overweight" rating in a report on Wednesday, April 23rd. One analyst has rated the stock with a sell rating, eight have given a hold rating and four have given 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 $101.83.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in American Electric Power stock. Brighton Jones LLC increased its stake in shares of American Electric Power Company, Inc. (NASDAQ:AEP - Free Report) by 11.5% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 10,601 shares of the company's stock after purchasing 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. 75.24% of the stock is owned by institutional investors.

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.