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AMD   198.90 (+3.31%)
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NASDAQ:AEP

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

$83.49
-1.70 (-2.00%)
(As of 12:04 PM ET)
Today's Range
$83.48
$85.20
50-Day Range
$75.94
$85.19
52-Week Range
$69.38
$96.05
Volume
2.98 million shs
Average Volume
4.05 million shs
Market Capitalization
$43.93 billion
P/E Ratio
19.64
Dividend Yield
4.22%
Price Target
$88.50

American Electric Power MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
3.9% Upside
$88.50 Price Target
Short Interest
Healthy
1.64% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-5.43
Upright™ Environmental Score
News Sentiment
0.24mentions of American Electric Power in the last 14 days
Based on 46 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
6.85%
From $5.55 to $5.93 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.

4.03 out of 5 stars

Utilities Sector

39th out of 88 stocks

Electric Services Industry

16th out of 39 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

Critical asset just had biggest fall on record
What many consider America's critical financial asset suffers biggest fall on record. Expert says: "it's very bad for millions, protect yourself now."
Cfra Reaffirms Buy Rating for American Electric Power (NASDAQ:AEP)
AEP Completes Sale of New Mexico Solar Assets
The Strategic Gold Play You Haven't Heard About
Experts recommend adding gold to your portfolio, but in what form? Some savvy investors are now rejecting coins and mining stocks in favor of a unique gold investment alternative. It holds explosive growth potential similar to a junior gold stock -- but with less risk exposure.
AEP Completes Sale of New Mexico Solar Assets
American Electric Power: AEP Announces CEO Transition
American Electric Power: AEP Reports 2023 Earnings Results
American Electric Power Company, Inc.
StockNews.com Lowers American Electric Power (NASDAQ:AEP) to Sell
AEP Reports 2023 Earnings Results
AEP Announces CEO Transition
See More Headlines
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Company Calendar

Ex-Dividend for 12/8 Dividend
11/09/2023
Dividend Payable
12/08/2023
Ex-Dividend for 3/8 Dividend
2/08/2024
Last Earnings
2/27/2024
Today
3/01/2024
Dividend Payable
3/08/2024
Next Earnings (Estimated)
5/02/2024
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
16,974
Year Founded
1906

Price Target and Rating

Average Stock Price Target
$88.50
High Stock Price Target
$100.00
Low Stock Price Target
$77.00
Potential Upside/Downside
+5.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
12 Analysts

Profitability

Net Income
$2.31 billion
Pretax Margin
11.64%

Debt

Sales & Book Value

Annual Sales
$19 billion
Cash Flow
$11.29 per share
Book Value
$48.06 per share

Miscellaneous

Free Float
525,554,000
Market Cap
$44.08 billion
Optionable
Optionable
Beta
0.49

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Key Executives

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

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of American Electric Power was last updated on Thursday, February 29, 2024 at 2:07 AM.

Pros

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

  • American Electric Power Company, Inc. is a well-established electric public utility holding company with a long history dating back to 1906.
  • The company engages in the generation, transmission, and distribution of electricity, providing essential services to residential, commercial, and industrial customers.
  • American Electric Power Company, Inc. has a strong presence in various markets, including regulated utilities, competitive energy businesses, and transmission and distribution operations.
  • The company's consistent performance and reliable operations make it a stable investment option for those seeking long-term growth and income.
  • With a focus on sustainability and innovation, American Electric Power Company, Inc. is well-positioned to capitalize on the growing demand for clean energy solutions.

Cons

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

  • While the company has a strong track record, regulatory challenges and changes in the energy landscape could impact its future growth prospects.
  • American Electric Power Company, Inc. operates in a highly competitive industry, facing pressure from new entrants, changing consumer preferences, and technological advancements.
  • Investing in utility companies like American Electric Power Company, Inc. may be subject to interest rate fluctuations and economic uncertainties, affecting stock performance.
  • The company's stock price may be influenced by factors such as market conditions, geopolitical events, and global economic trends, leading to volatility in returns.
  • While American Electric Power Company, Inc. offers dividends to shareholders, fluctuations in interest rates and dividend policies could impact overall returns on investment.














AEP Stock Analysis - Frequently Asked Questions

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

12 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for American Electric Power in the last twelve months. There are currently 6 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" AEP shares.
View AEP analyst ratings
or view top-rated stocks.

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

12 brokerages have issued 12 month target prices for American Electric Power's shares. Their AEP share price targets range from $77.00 to $100.00. On average, they predict the company's stock price to reach $88.50 in the next year. This suggests a possible upside of 3.9% 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 2024. Since then, AEP stock has increased by 4.9% and is now trading at $85.19.
View the best growth stocks for 2024 here
.

Are investors shorting American Electric Power?

American Electric Power saw a increase in short interest in the month of February. As of February 15th, there was short interest totaling 8,640,000 shares, an increase of 9.9% from the January 31st total of 7,860,000 shares. Based on an average trading volume of 3,670,000 shares, the short-interest ratio is presently 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 Thursday, May 2nd 2024.
View our AEP earnings forecast
.

How were American Electric Power's earnings last quarter?

American Electric Power Company, Inc. (NASDAQ:AEP) announced its 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 had revenue of $4.60 billion for the quarter, compared to analyst estimates 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 for the quarter was down 6.1% on a year-over-year basis. During the same period last year, the business 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. Investors of record on Friday, February 9th will be given a dividend of $0.88 per share on Friday, March 8th. This represents a $3.52 annualized dividend and a dividend yield of 4.13%. 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 4.22%. 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 59.36% 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 updated its FY 2024 earnings guidance on Tuesday, February, 27th. The company provided earnings per share (EPS) guidance of 5.530-5.730 for the period, compared to the consensus 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 a number of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (9.36%), Royal Bank of Canada (1.36%), Nuveen Asset Management LLC (1.30%), Massachusetts Financial Services Co. MA (1.15%), Franklin Resources Inc. (1.07%) and Legal & General Group Plc (1.04%). 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, 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 3/1/2024 by MarketBeat.com Staff