American Express (NYSE:AXP) Updates FY 2025 Earnings Guidance

American Express Company (NYSE:AXP) updated its FY 2025 earnings guidance on Saturday. The company provided earnings per share guidance of 15.000-15.500 for the period, compared to the consensus earnings per share estimate of 15.229. The company issued revenue guidance of $71.2 billion-$72.5 billion, compared to the consensus revenue estimate of $71.3 billion.

American Express Price Performance

AXP stock traded down $6.97 on Friday, reaching $308.38. 5,478,921 shares of the company's stock were exchanged, compared to its average volume of 2,841,088. The company has a quick ratio of 1.57, a current ratio of 1.58 and a debt-to-equity ratio of 1.64. The firm has a market cap of $216.05 billion, a PE ratio of 21.64, a P/E/G ratio of 1.50 and a beta of 1.25. American Express Company has a twelve month low of $220.43 and a twelve month high of $329.14. The stock has a fifty day moving average of $304.19 and a 200-day moving average of $291.13.

American Express (NYSE:AXP - Get Free Report) last released its earnings results on Friday, July 18th. The payment services company reported $4.08 earnings per share for the quarter, topping the consensus estimate of $3.86 by $0.22. American Express had a return on equity of 32.48% and a net margin of 15.31%. The firm had revenue of $17.86 billion for the quarter, compared to the consensus estimate of $17.70 billion. During the same period in the prior year, the business posted $3.49 earnings per share. The firm's revenue for the quarter was up 9.3% compared to the same quarter last year. As a group, equities analysts predict that American Express Company will post 15.33 EPS for the current fiscal year.

American Express Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, August 8th. Shareholders of record on Thursday, July 3rd will be paid a dividend of $0.82 per share. This represents a $3.28 annualized dividend and a yield of 1.06%. The ex-dividend date of this dividend is Thursday, July 3rd. American Express's payout ratio is currently 22.91%.

Wall Street Analyst Weigh In

Several research firms have commented on AXP. Royal Bank Of Canada reaffirmed an "outperform" rating on shares of American Express in a report on Monday, July 14th. BTIG Research set a $277.00 price target on American Express and gave the stock a "sell" rating in a research report on Monday, July 14th. William Blair reaffirmed an "outperform" rating on shares of American Express in a report on Wednesday, July 2nd. Keefe, Bruyette & Woods upped their price objective on American Express from $360.00 to $371.00 and gave the stock an "outperform" rating in a report on Wednesday, July 9th. Finally, JPMorgan Chase & Co. increased their price target on American Express from $260.00 to $342.00 and gave the company a "neutral" rating in a research note on Friday, July 11th. One equities research analyst has rated the stock with a sell rating, sixteen have given a hold rating and seven have issued a buy rating to the company's stock. According to MarketBeat, the company currently has an average rating of "Hold" and an average price target of $307.68.

Insiders Place Their Bets

In related news, insider Glenda G. Mcneal sold 3,019 shares of the company's stock in a transaction on Tuesday, April 29th. The shares were sold at an average price of $264.66, for a total transaction of $799,008.54. Following the completion of the transaction, the insider owned 10,919 shares in the company, valued at approximately $2,889,822.54. This represents a 21.66% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Howard Grosfield sold 9,450 shares of the stock in a transaction on Tuesday, May 6th. The shares were sold at an average price of $275.50, for a total transaction of $2,603,475.00. Following the transaction, the insider owned 9,402 shares of the company's stock, valued at $2,590,251. This trade represents a 50.13% decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 0.20% of the company's stock.

Institutional Inflows and Outflows

An institutional investor recently raised its position in American Express stock. Brighton Jones LLC raised its holdings in shares of American Express Company (NYSE:AXP - Free Report) by 24.4% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 6,481 shares of the payment services company's stock after purchasing an additional 1,273 shares during the period. Brighton Jones LLC's holdings in American Express were worth $1,924,000 at the end of the most recent reporting period. Institutional investors own 84.33% of the company's stock.

American Express Company Profile

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.