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JPMorgan Chase Falls 5% as Consumer Cracking Begins to Show
S&P 500   5,123.41
DOW   37,983.24
QQQ   438.27
5 Semiconductor Giants: Navigating the Recent Pullback
2 Stocks to Buy on The Dip: One a Value, the Other High-Yielding
Breakout Alert: Coinbase's Consolidation Is About To End
3 Key Stocks Helping to Drive the EV Race
Closing prices for crude oil, gold and other commodities
You Can Follow BlackRock’s Market View for Your Money
JPMorgan Chase Falls 5% as Consumer Cracking Begins to Show
S&P 500   5,123.41
DOW   37,983.24
QQQ   438.27
5 Semiconductor Giants: Navigating the Recent Pullback
2 Stocks to Buy on The Dip: One a Value, the Other High-Yielding
Breakout Alert: Coinbase's Consolidation Is About To End
3 Key Stocks Helping to Drive the EV Race
Closing prices for crude oil, gold and other commodities
You Can Follow BlackRock’s Market View for Your Money
JPMorgan Chase Falls 5% as Consumer Cracking Begins to Show
S&P 500   5,123.41
DOW   37,983.24
QQQ   438.27
5 Semiconductor Giants: Navigating the Recent Pullback
2 Stocks to Buy on The Dip: One a Value, the Other High-Yielding
Breakout Alert: Coinbase's Consolidation Is About To End
3 Key Stocks Helping to Drive the EV Race
Closing prices for crude oil, gold and other commodities
You Can Follow BlackRock’s Market View for Your Money
JPMorgan Chase Falls 5% as Consumer Cracking Begins to Show
NASDAQ:AEP

American Electric Power (AEP) Stock Price, News & Analysis

$82.10
-0.81 (-0.98%)
(As of 04/12/2024 ET)
Today's Range
$81.52
$83.27
50-Day Range
$75.94
$86.10
52-Week Range
$69.38
$94.73
Volume
2.41 million shs
Average Volume
3.81 million shs
Market Capitalization
$43.23 billion
P/E Ratio
19.32
Dividend Yield
4.29%
Price Target
$87.08

American Electric Power MarketRank™ Stock Analysis

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
6.1% Upside
$87.08 Price Target
Short Interest
Healthy
1.78% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-5.43
Upright™ Environmental Score
News Sentiment
0.66mentions of American Electric Power in the last 14 days
Based on 11 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
6.86%
From $5.54 to $5.92 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.40 out of 5 stars

Utilities Sector

23rd out of 88 stocks

Electric Services Industry

12th out of 41 stocks

AEP stock logo

About American Electric Power Stock (NASDAQ:AEP)

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. The company generates electricity using coal and lignite, natural gas, renewable, nuclear, hydro, solar, wind, and other energy sources. It also supplies and markets electric power at wholesale to other electric utility companies, rural electric cooperatives, municipalities, and other market participants. American Electric Power Company, Inc. was incorporated in 1906 and is headquartered in Columbus, Ohio.

AEP Stock Price History

AEP Stock News Headlines

How to Invest in Energy (AEP)
Energy keeps the world moving, from oil to gas to solar to wind. Learn about the types of energy investments, where to find them and which may be best for you.
Gold Hits New All-Time Highs
Due to both domestic and global issues, the trajectory of this precious metal could skyrocket in the coming months… Which is why billionaires and Central Banks alike are scooping up gold at record rates!
American Electric Power Company Inc
Gold Hits New All-Time Highs
Due to both domestic and global issues, the trajectory of this precious metal could skyrocket in the coming months… Which is why billionaires and Central Banks alike are scooping up gold at record rates!
AEP Named Leader on New JUST Jobs Scorecard
AEP Jun 2024 40.000 put
See More Headlines
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Company Calendar

Ex-Dividend for 3/8 Dividend
2/08/2024
Last Earnings
2/27/2024
Dividend Payable
3/08/2024
Today
4/12/2024
Next Earnings (Confirmed)
4/30/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Utilities
Industry
Electric services
Sub-Industry
N/A
Current Symbol
NASDAQ:AEP
CIK
4904
Employees
17,250
Year Founded
1906

Price Target and Rating

Average Stock Price Target
$87.08
High Stock Price Target
$100.00
Low Stock Price Target
$73.00
Potential Upside/Downside
+6.1%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
12 Analysts

Profitability

Net Income
$2.21 billion
Pretax Margin
11.64%

Debt

Sales & Book Value

Annual Sales
$18.98 billion
Cash Flow
$11.08 per share
Book Value
$48.06 per share

Miscellaneous

Free Float
525,958,000
Market Cap
$43.23 billion
Optionable
Optionable
Beta
0.51

Social Links

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Key Executives

  • Mr. Benjamin Gwynn Stonestreet Fowke III (Age 66)
    Interim President, Interim CEO & Director
    Comp: $153.13k
  • Mr. Charles E. ZebulaMr. Charles E. Zebula (Age 63)
    Executive VP & CFO
    Comp: $953.29k
  • Mr. David M. Feinberg (Age 54)
    Executive VP, General Counsel & Secretary
    Comp: $1.12M
  • Mr. Christian T. Beam (Age 55)
    Executive Vice President of Energy Services
    Comp: $976.4k
  • Ms. Peggy I. Simmons (Age 46)
    Executive Vice President of Utilities
    Comp: $892.98k
  • Ms. Kate Sturgess (Age 38)
    Senior VP, Controller, Chief Accounting Officer & Principal Accounting Officer
  • Ms. Therace M. RischMs. Therace M. Risch (Age 51)
    Executive VP and Chief Information & Technology Officer
  • Darcy Reese
    Vice President of Investor Relations
  • Gina E. Mazzei-Smith (Age 57)
    Chief Compliance Officer
  • Mr. Phillip R. Ulrich (Age 53)
    Executive VP & Chief Human Resources Officer

Should I Buy American Electric Power Stock? AEP Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in American Electric Power Company, Inc.:

  • American Electric Power Company, Inc. has a strong presence in the electric services industry, providing stability and potential growth opportunities.
  • The company operates through various segments, including Vertically Integrated Utilities and Generation & Marketing, diversifying its revenue streams.
  • American Electric Power Company, Inc. utilizes a mix of energy sources, including renewable energy, positioning itself well for the transition to cleaner energy.
  • Recent stock performance has shown positive trends, indicating investor confidence and potential for capital appreciation.
  • The company's long history and experience in the sector demonstrate stability and resilience in varying market conditions.

Cons

Investors should be bearish about investing in American Electric Power Company, Inc. for these reasons:

  • The electric utility sector is subject to regulatory changes and environmental concerns, impacting operational costs and profitability.
  • Fluctuations in energy prices and demand can affect the company's financial performance and margins.
  • Competition in the industry is intense, leading to potential pricing pressures and market share challenges.
  • Dependency on certain energy sources like coal may pose risks due to environmental regulations and shifting consumer preferences.
  • Market volatility and economic uncertainties can impact the company's growth prospects and stock valuation.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Saturday, April 6, 2024. Please send any questions or comments about these American Electric Power pros and cons to contact@marketbeat.com.

AEP Stock Analysis - Frequently Asked Questions

Should I buy or sell American Electric Power stock right now?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for American Electric Power in the last year. There are currently 2 sell ratings, 4 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" AEP shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in AEP, but not buy additional shares or sell existing shares.
View AEP analyst ratings
or view top-rated stocks.

What is American Electric Power's stock price target for 2024?

12 Wall Street analysts have issued 12 month price objectives for American Electric Power's shares. Their AEP share price targets range from $73.00 to $100.00. On average, they anticipate the company's stock price to reach $87.08 in the next twelve months. This suggests a possible upside of 6.1% from the stock's current price.
View analysts price targets for AEP
or view top-rated stocks among Wall Street analysts.

How have AEP shares performed in 2024?

American Electric Power's stock was trading at $81.22 at the beginning of the year. Since then, AEP shares have increased by 1.1% and is now trading at $82.10.
View the best growth stocks for 2024 here
.

Are investors shorting American Electric Power?

American Electric Power saw a drop in short interest in the month of March. As of March 31st, there was short interest totaling 9,350,000 shares, a drop of 20.1% from the March 15th total of 11,700,000 shares. Based on an average daily trading volume, of 3,910,000 shares, the days-to-cover ratio is currently 2.4 days.
View American Electric Power's Short Interest
.

When is American Electric Power's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 30th 2024.
View our AEP earnings forecast
.

How can I listen to American Electric Power's earnings call?

American Electric Power will be holding an earnings conference call on Tuesday, April 30th at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link.

How were American Electric Power's earnings last quarter?

American Electric Power Company, Inc. (NASDAQ:AEP) announced its quarterly earnings results on Tuesday, February, 27th. The company reported $1.23 earnings per share for the quarter, missing the consensus estimate of $1.26 by $0.03. The company earned $4.60 billion during the quarter, compared to analysts' expectations of $5.12 billion. American Electric Power had a trailing twelve-month return on equity of 11.04% and a net margin of 11.64%. The company's revenue was down 6.1% on a year-over-year basis. During the same period in the prior year, the company earned $1.05 earnings per share.
Read the conference call transcript
.

How often does American Electric Power pay dividends? What is the dividend yield for American Electric Power?

American Electric Power declared a quarterly dividend on Friday, January 19th. Shareholders of record on Friday, February 9th will be paid a dividend of $0.88 per share on Friday, March 8th. This represents a $3.52 annualized dividend and a yield of 4.29%. The ex-dividend date of this dividend is Thursday, February 8th.
Read our dividend analysis for AEP
.

Is American Electric Power a good dividend stock?

American Electric Power (NASDAQ:AEP) pays an annual dividend of $3.52 per share and currently has a dividend yield of 4.14%. AEP has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 14 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 82.82%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, AEP will have a dividend payout ratio of 59.46% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for AEP.

What guidance has American Electric Power issued on next quarter's earnings?

American Electric Power issued an update on its FY 2024 earnings guidance on Tuesday, February, 27th. The company provided earnings per share guidance of 5.530-5.730 for the period, compared to the consensus earnings per share estimate of 5.730. The company issued revenue guidance of -.

Who are American Electric Power's major shareholders?

American Electric Power's stock is owned by many different retail and institutional investors. Top institutional shareholders include Ferguson Wellman Capital Management Inc. (0.09%), Gateway Investment Advisers LLC (0.08%), Nexus Investment Management ULC (0.07%), Allen Mooney & Barnes Investment Advisors LLC (0.03%), Global Assets Advisory LLC (0.02%) and Czech National Bank (0.02%). Insiders that own company stock include Charles E Zebula, Charles R Patton, David Matthew Feinberg, Greg B Hall, Jospeh M Buonaiuto, Julia A Sloat, Lisa M Barton, Nicholas K Akins, Paul Chodak III and Therace Risch.
View institutional ownership trends
.

How do I buy shares of American Electric Power?

Shares of AEP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does American Electric Power have any subsidiaries?
The following companies are subsidiares of American Electric Power: AEP Energy Supply LLC, AEP Generating Company, AEP Generation Resources Inc., AEP Texas Central Transition Funding II LLC, AEP Texas Central Transition Funding III LLC, AEP Texas Inc., AEP Texas North Generation Company LLC, AEP Transmission Company, AEP Transmission Holding Company, American Electric Power Service Corporation, Appalachian Consumer Rate Relief Funding LLC, Appalachian Power Company, BlueStar Energy Solutions, Central and South West Corp, Indiana Michigan Power Company, Indiana-Kentucky Electric Corporation, Kentucky Power Company, Kingsport Power Company, Memco Barge Line, Ohio Phase-In-Recovery Funding LLC, Ohio Power Company, Ohio Valley Electric Corporation, Public Service Company of Oklahoma, Southwestern Electric Power Company, and Wheeling Power Company.
Read More
This page (NASDAQ:AEP) was last updated on 4/13/2024 by MarketBeat.com Staff

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