American Electric Power - AEP Stock Forecast, Price & News

8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for American Electric Power in the last twelve months. There are currently 2 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" AEP shares.
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8 brokerages have issued 12-month price objectives for American Electric Power's shares. Their AEP share price forecasts range from $93.00 to $107.00. On average, they anticipate the company's stock price to reach $99.60 in the next twelve months. This suggests a possible upside of 5.7% from the stock's current price.
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American Electric Power's stock was trading at $88.97 at the beginning of 2022. Since then, AEP stock has increased by 5.9% and is now trading at $94.25.
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American Electric Power saw a increase in short interest during the month of November. As of November 15th, there was short interest totaling 6,610,000 shares, an increase of 16.6% from the October 31st total of 5,670,000 shares. Based on an average daily trading volume, of 3,120,000 shares, the short-interest ratio is currently 2.1 days.
View American Electric Power's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 23rd 2023.
View our AEP earnings forecast.

American Electric Power Company, Inc. (NASDAQ:AEP) announced its quarterly earnings data on Thursday, October, 27th. The company reported $1.62 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.56 by $0.06. The firm had revenue of $5.50 billion for the quarter, compared to analyst estimates of $4.75 billion. American Electric Power had a trailing twelve-month return on equity of 10.73% and a net margin of 13.08%. The business's revenue for the quarter was up 19.6% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.43 earnings per share.
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American Electric Power declared a quarterly dividend on Tuesday, October 25th. Investors of record on Thursday, November 10th will be paid a dividend of $0.83 per share on Friday, December 9th. This represents a $3.32 annualized dividend and a yield of 3.52%. The ex-dividend date of this dividend is Wednesday, November 9th. This is a boost from the stock's previous quarterly dividend of $0.78.
Read our dividend analysis for AEP.

American Electric Power (NASDAQ:AEP) pays an annual dividend of $3.32 per share and currently has a dividend yield of 3.48%. The company has been increasing its dividend for 12 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 68.74%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, AEP will have a dividend payout ratio of 62.41% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for AEP.

American Electric Power updated its FY 2023 earnings guidance on Tuesday, November, 15th. The company provided earnings per share (EPS) guidance of $5.19-$5.39 for the period, compared to the consensus EPS estimate of $5.30. The company issued revenue guidance of -.

American Electric Power trades on the NASDAQ under the ticker symbol "AEP."

American Electric Power's stock is owned by a number of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (9.25%), BlackRock Inc. (8.31%), State Street Corp (5.59%), Price T Rowe Associates Inc. MD (1.80%), Massachusetts Financial Services Co. MA (1.71%) and Nuveen Asset Management LLC (1.17%). Insiders that own company stock include Brian X Tierney, Charles E Zebula, Charles R Patton, David Matthew Feinberg, Greg B Hall, J Barnie Beasley, Jospeh M Buonaiuto, Julia A Sloat, Lana L Hillebrand, Lisa M Barton, Mark C Mccullough, Nicholas K Akins, Paul Chodak III and Therace Risch.
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Shares of AEP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of AEP stock can currently be purchased for approximately $94.25.

American Electric Power (NASDAQ:AEP) has a market capitalization of $48.43 billion and generates $16.80 billion in revenue each year. The company earns $2.49 billion in net income (profit) each year or $4.83 on an earnings per share basis.

The company employs 16,688 workers across the globe.

American Electric Power's mailing address is 1 RIVERSIDE PLAZA, COLUMBUS OH, 43215. The official website for the company is www.aep.com. The company can be reached via phone at (614) 716-1000, via email at rkowens-paul@aep.com, or via fax at 614-223-1823.