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

11 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for American Electric Power in the last year. There are currently 1 sell rating, 4 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street equities research 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.

11 Wall Street research analysts have issued 1 year target prices for American Electric Power's stock. Their AEP share price forecasts range from $82.50 to $107.00. On average, they anticipate the company's stock price to reach $99.19 in the next year. This suggests a possible upside of 19.3% from the stock's current price.
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American Electric Power's stock was trading at $94.95 at the beginning of the year. Since then, AEP shares have decreased by 12.5% and is now trading at $83.12.
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American Electric Power saw a increase in short interest in May. As of May 15th, there was short interest totaling 6,480,000 shares, an increase of 5.9% from the April 30th total of 6,120,000 shares. Based on an average daily volume of 2,750,000 shares, the days-to-cover ratio is currently 2.4 days.
View American Electric Power's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 26th 2023.
View our AEP earnings forecast.

American Electric Power Company, Inc. (NASDAQ:AEP) announced its earnings results on Thursday, May, 4th. The company reported $1.11 earnings per share for the quarter, missing the consensus estimate of $1.14 by $0.03. The firm earned $4.70 billion during the quarter, compared to analysts' expectations of $4.57 billion. American Electric Power had a trailing twelve-month return on equity of 10.57% and a net margin of 10.10%. The business's revenue was up 2.2% compared to the same quarter last year. During the same period in the prior year, the business posted $1.22 EPS.

American Electric Power declared a quarterly dividend on Tuesday, April 25th. Investors of record on Wednesday, May 10th will be given a dividend of $0.83 per share on Friday, June 9th. This represents a $3.32 dividend on an annualized basis and a yield of 3.99%. The ex-dividend date is Tuesday, May 9th.
Read our dividend analysis for AEP.

ETFs with the largest weight of American Electric Power (NASDAQ:AEP) stock in their portfolio include Timothy Plan Market Neutral ETF (TPMN), Utilities Select Sector SPDR Fund (XLU), TrueShares Low Volatility Equity Income ETF (DIVZ), Vanguard Utilities ETF (VPU), Fidelity MSCI Utilities Index ETF (FUTY), iShares U.S. Utilities ETF (IDU), First Trust EIP Carbon Impact ETF (ECLN) and Invesco S&P 500 Equal Weight Utilities ETF (RYU).

American Electric Power (NASDAQ:AEP) pays an annual dividend of $3.32 per share and currently has a dividend yield of 4.06%. 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 13 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 85.79%. 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 59.29% 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 issued an update on its FY23 earnings guidance on Thursday, May, 4th. The company provided earnings per share (EPS) guidance of $5.19-5.39 for the period, compared to the consensus EPS estimate of $5.28.

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

American Electric Power's stock is owned by many different retail and institutional investors. Top institutional investors include BlackRock Inc. (8.15%), State Street Corp (5.27%), Wellington Management Group LLP (4.70%), Ameriprise Financial Inc. (2.20%), Geode Capital Management LLC (1.96%) and Franklin Resources Inc. (1.21%). Insiders that own company stock include Charles E Zebula, Charles R Patton, David Matthew Feinberg, Greg B Hall, J Barnie Beasley, Jospeh M Buonaiuto, Julia A Sloat, 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 $83.12.

American Electric Power (NASDAQ:AEP) has a market capitalization of $42.71 billion and generates $19.64 billion in revenue each year. The company earns $2.31 billion in net income (profit) each year or $3.87 on an earnings per share basis.

The company employs 16,974 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.