American Electric Power (AEP) Projected to Release Earnings on Wednesday

Key Points

• AEP is expected to report Q3 2026 results before market open on October 28. Analysts project earnings of $2.04 per share and revenue of $6.55 billion, compared with full-year guidance of $6.25–$6.55 EPS.
• The utility raised its quarterly dividend from $0.95 to $0.97 per share, equivalent to an annualized $3.88 dividend and a 3.0% yield. The increase marks the company’s 15th consecutive annual dividend raise, though analysts have raised concerns about payout sustainability and valuation.
• Wall Street maintains a generally positive view, with a consensus “Moderate Buy” rating and an average price target of $137.87. However, several firms recently lowered their targets, while AEP’s previous quarter missed EPS expectations despite revenue exceeding estimates.

American Electric Power (NASDAQ:AEP - Get Free Report) is projected to release its Q3 2026 results before the market opens on Wednesday, October 28th. Analysts expect American Electric Power to post earnings of $2.04 per share and revenue of $6.55 billion for the quarter. American Electric Power has set its FY 2026 guidance at 6.250-6.550 EPS. Interested persons can find conference call details on the company's upcoming Q3 2026 earnings results page for the latest details on the call scheduled for Wednesday, October 28, 2026 at 9:00 AM ET.

American Electric Power (NASDAQ:AEP - Get Free Report) last issued its earnings results on Thursday, July 30th. The company reported $1.36 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.48 by ($0.12). The company had revenue of $5.45 billion for the quarter, compared to the consensus estimate of $5.34 billion. American Electric Power had a return on equity of 9.95% and a net margin of 13.78%. American Electric Power's quarterly revenue was up 7.0% on a year-over-year basis. During the same quarter last year, the business posted $1.43 EPS. On average, analysts expect American Electric Power to post $6.39 EPS for the current fiscal year and $6.87 EPS for the next fiscal year.

American Electric Power Price Performance

American Electric Power stock opened at $127.22 on Wednesday. The company has a current ratio of 0.50, a quick ratio of 0.38 and a debt-to-equity ratio of 1.44. The firm has a market capitalization of $69.26 billion, a P/E ratio of 21.82, a PEG ratio of 2.58 and a beta of 0.48. The business has a 50-day moving average of $122.75 and a 200-day moving average of $128.52. American Electric Power has a 1 year low of $112.54 and a 1 year high of $140.58.

American Electric Power Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, December 10th. Investors of record on Tuesday, November 10th will be given a $0.97 dividend. The ex-dividend date is Tuesday, November 10th. This represents a $3.88 dividend on an annualized basis and a dividend yield of 3.0%. This is a positive change from American Electric Power's previous quarterly dividend of $0.95. American Electric Power's dividend payout ratio is 65.18%.

Wall Street Analyst Weigh In

Several research firms recently weighed in on AEP. Barclays reduced their price objective on shares of American Electric Power from $129.00 to $120.00 and set an "equal weight" rating on the stock in a research note on Monday, October 12th. Jefferies Financial Group set a $135.00 target price on shares of American Electric Power in a research note on Monday. TD Cowen reiterated a "buy" rating on shares of American Electric Power in a report on Wednesday, September 9th. BTIG Research upgraded shares of American Electric Power from a "neutral" rating to a "buy" rating and set a $147.00 target price on the stock in a report on Tuesday. Finally, Morgan Stanley reduced their price target on shares of American Electric Power from $135.00 to $128.00 and set an "overweight" rating on the stock in a research report on Friday, September 18th. Fifteen equities research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the stock. Based on data from MarketBeat, American Electric Power currently has a consensus rating of "Moderate Buy" and an average price target of $137.87.

Insiders Place Their Bets

In other American Electric Power news, CAO Kate Dixon sold 2,000 shares of American Electric Power stock in a transaction that occurred on Tuesday, September 8th. The shares were sold at an average price of $125.00, for a total value of $250,000.00. Following the transaction, the chief accounting officer owned 15,856 shares of the company's stock, valued at approximately $1,982,000. The trade was a 11.20% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.05% of the company's stock.

American Electric Power News Summary

Here are the key news stories impacting American Electric Power this week:

• Positive Sentiment: Dividend raised for the 15th consecutive year: AEP increased its quarterly dividend by 2 cents to 97 cents per share, payable Dec. 10 to shareholders of record Nov. 10. The increase reinforces AEP’s income appeal and signals management’s confidence in future cash generation. AEP Increases Quarterly Dividend to 97 Cents a Share
• Positive Sentiment: Advanced nuclear project could support long-term growth: AEP, Amazon and X-energy are evaluating a 960-megawatt small modular reactor project at a former coal-plant site in Indiana. Amazon is expected to provide development capital, while the project could help AEP serve rising electricity demand from data centers and other large customers. The parties say the structure is intended to protect customers and investors from development risk. AEP Partners with Amazon and X-energy to Explore Advanced Nuclear Energy in Indiana
• Neutral Sentiment: Transmission investment remains in the planning stage: AEP is seeking public input on a transmission-line upgrade spanning four Indiana counties. The project may strengthen grid reliability and create future rate-base investment, but it could also require regulatory approval and additional capital spending. AEP Transmission Project
• Negative Sentiment: Dividend sustainability and valuation are concerns: Although the dividend keeps rising, an analysis warns that AEP’s cash-flow coverage may not comfortably support larger payouts while the utility funds substantial infrastructure and generation investments. Another assessment considers the stock roughly 11% overvalued following the generator-related announcements. AEP Dividend Analysis
• Negative Sentiment: JPMorgan became more cautious: The firm lowered its price target from $140 to $135 and maintained a neutral rating, limiting the perceived upside from current levels. JPMorgan AEP Price Target Update

American Electric Power Company Profile

American Electric Power NASDAQ: AEP is an electric utility holding company that generates, transmits and distributes electricity to residential, commercial, industrial and institutional customers. Through its operating companies, AEP provides regulated electric service and manages power generation assets using a mix of energy resources, including natural gas, coal, nuclear, hydroelectric and renewable energy.

AEP operates one of the largest electric transmission systems in the United States and supplies electricity across portions of Arkansas, Indiana, Kentucky, Louisiana, Michigan, Ohio, Oklahoma, Tennessee, Texas, Virginia and West Virginia.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.