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

American Electric Power (NASDAQ:AEP - Get Free Report) updated its FY 2025 earnings guidance on Tuesday. The company provided earnings per share guidance of 5.710-5.910 for the period. The company issued revenue guidance of -.

American Electric Power Trading Down 0.2 %

AEP stock traded down $0.19 during midday trading on Friday, reaching $104.07. 306,741 shares of the company's stock traded hands, compared to its average volume of 3,149,422. The business has a 50-day moving average price of $105.66 and a two-hundred day moving average price of $100.22. The company has a debt-to-equity ratio of 1.46, a current ratio of 0.44 and a quick ratio of 0.31. American Electric Power has a fifty-two week low of $85.93 and a fifty-two week high of $110.48. The company has a market capitalization of $55.54 billion, a P/E ratio of 18.58, a PEG ratio of 2.97 and a beta of 0.45.

American Electric Power (NASDAQ:AEP - Get Free Report) last announced its earnings results on Tuesday, May 6th. The company reported $1.54 EPS for the quarter, beating the consensus estimate of $1.40 by $0.14. 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 period last year, the business posted $1.27 EPS. The company's revenue was up 8.7% on a year-over-year basis. Equities research analysts forecast that American Electric Power will post 5.87 EPS for the current fiscal year.

American Electric Power Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, June 10th. Investors of record on Friday, May 9th will be issued a $0.93 dividend. This represents a $3.72 dividend on an annualized basis and a dividend yield of 3.57%. The ex-dividend date is Friday, May 9th. American Electric Power's payout ratio is 66.43%.

Wall Street Analysts Forecast Growth

AEP has been the topic of a number of recent analyst reports. Barclays raised their price objective on American Electric Power from $95.00 to $106.00 and gave the company an "equal weight" rating in a research note on Tuesday, April 22nd. Wells Fargo & Company increased their target price on American Electric Power from $107.00 to $114.00 and gave the stock an "equal weight" rating in a report on Wednesday. Citigroup upped their price objective on shares of American Electric Power from $102.00 to $109.00 and gave the company a "neutral" rating in a report on Wednesday. Morgan Stanley set a $114.00 price objective on shares of American Electric Power and gave the stock an "overweight" rating in a research note on Wednesday, April 23rd. Finally, Bank of America lifted their price objective on shares of American Electric Power from $108.00 to $114.00 and gave the company a "buy" rating in a research note on Tuesday, March 18th. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat.com, American Electric Power currently has an average rating of "Hold" and an average target price of $105.77.

Institutional Inflows and Outflows

An institutional investor recently raised its position in American Electric Power stock. Brighton Jones LLC lifted its holdings in American Electric Power Company, Inc. (NASDAQ:AEP - Free Report) by 11.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 10,601 shares of the company's stock after acquiring an additional 1,095 shares during the period. Brighton Jones LLC's holdings in American Electric Power were worth $978,000 at the end of the most recent reporting period. 75.24% of the stock is owned by institutional investors and hedge funds.

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.