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NASDAQ:AEP

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

$88.62
-0.35 (-0.39%)
(As of 05/28/2024 ET)
Today's Range
$88.33
$89.51
50-Day Range
$79.51
$92.67
52-Week Range
$69.38
$93.44
Volume
2.65 million shs
Average Volume
3.57 million shs
Market Capitalization
$46.71 billion
P/E Ratio
16.44
Dividend Yield
3.97%
Price Target
$88.43

American Electric Power MarketRank™ Stock Analysis

Analyst Rating
Hold
2.38 Rating Score
Upside/​Downside
0.0% Upside
$88.64 Price Target
Short Interest
Healthy
2.20% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-5.43
Upright™ Environmental Score
News Sentiment
0.68mentions of American Electric Power in the last 14 days
Based on 25 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
6.09%
From $5.58 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.

4.22 out of 5 stars

Utilities Sector

32nd out of 93 stocks

Electric Services Industry

15th out of 43 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

Vistra Co. is a Utility that Trades Like Meme Stock (AEP)
It’s hard to believe that a company in the utilities sector can be trading up 142.5%YTD, but it is for integrated retail electricity and power company Vistra Co
AEP Releases 2024 Corporate Sustainability Report
See More Headlines
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Company Calendar

Ex-Dividend for 3/8 Dividend
2/08/2024
Dividend Payable
3/08/2024
Last Earnings
4/30/2024
Ex-Dividend for 6/10 Dividend
5/09/2024
Today
5/28/2024
Dividend Payable
6/10/2024
Next Earnings (Estimated)
7/25/2024
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
$88.64
High Stock Price Target
$100.00
Low Stock Price Target
$73.00
Potential Upside/Downside
-0.2%
Consensus Rating
Hold
Rating Score (0-4)
2.38
Research Coverage
13 Analysts

Profitability

Net Income
$2.21 billion
Pretax Margin
13.79%

Debt

Sales & Book Value

Annual Sales
$19 billion
Cash Flow
$11.19 per share
Book Value
$48.06 per share

Miscellaneous

Free Float
526,489,000
Market Cap
$46.71 billion
Optionable
Optionable
Beta
0.50

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. Chris Brathwaite
    VP & Chief Communications Officer

AEP Stock Analysis - Frequently Asked Questions

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

13 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 7 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?

13 Wall Street research analysts have issued 12-month target prices for American Electric Power's shares. Their AEP share price targets range from $73.00 to $100.00. On average, they predict the company's share price to reach $88.64 in the next twelve months. This suggests a possible upside of 0.0% 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 on January 1st, 2024. Since then, AEP stock has increased by 9.1% and is now trading at $88.62.
View the best growth stocks for 2024 here
.

Are investors shorting American Electric Power?

American Electric Power saw a increase in short interest in May. As of May 15th, there was short interest totaling 11,590,000 shares, an increase of 26.9% from the April 30th total of 9,130,000 shares. Based on an average daily volume of 3,470,000 shares, the short-interest ratio is currently 3.3 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 Thursday, July 25th 2024.
View our AEP earnings forecast
.

How were American Electric Power's earnings last quarter?

American Electric Power Company, Inc. (NASDAQ:AEP) posted its quarterly earnings results on Tuesday, April, 30th. The company reported $1.27 EPS for the quarter, beating analysts' consensus estimates of $1.25 by $0.02. The business earned $5 billion during the quarter, compared to analysts' expectations of $5.02 billion. American Electric Power had a trailing twelve-month return on equity of 11.23% and a net margin of 14.60%. American Electric Power's revenue for the quarter was up 6.4% on a year-over-year basis. During the same period in the previous year, the firm posted $1.11 EPS.
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 announced a quarterly dividend on Tuesday, April 23rd. Stockholders of record on Friday, May 10th will be paid a dividend of $0.88 per share on Monday, June 10th. This represents a $3.52 annualized dividend and a dividend yield of 3.97%. The ex-dividend date of this dividend is Thursday, May 9th.
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 3.96%. 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 65.31%. This payout ratio is at a healthy, sustainable level, below 75%. 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 FY24 earnings guidance on Monday, May, 13th. The company provided EPS guidance of $5.53-5.73 for the period, compared to the consensus earnings per share estimate of $5.61.

Who are American Electric Power's major shareholders?

American Electric Power's stock is owned by a number of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (9.42%), Lazard Asset Management LLC (1.63%), Allspring Global Investments Holdings LLC (0.84%), Bank of New York Mellon Corp (0.73%), Boston Partners (0.47%) and Mitsubishi UFJ Trust & Banking Corp (0.43%). 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 5/28/2024 by MarketBeat.com Staff

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