American Electric Power - AEP Stock Forecast, Price & News

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for American Electric Power in the last twelve months. There are currently 3 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" AEP shares.
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9 Wall Street analysts have issued 1 year target prices for American Electric Power's shares. Their AEP share price forecasts range from $93.00 to $110.00. On average, they anticipate the company's share price to reach $101.82 in the next twelve months. This suggests a possible upside of 9.4% from the stock's current price.
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American Electric Power's stock was trading at $94.95 at the beginning of 2023. Since then, AEP shares have decreased by 2.0% and is now trading at $93.07.
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American Electric Power saw a decrease in short interest during the month of January. As of January 15th, there was short interest totaling 7,280,000 shares, a decrease of 11.4% from the December 31st total of 8,220,000 shares. Based on an average daily trading volume, of 3,080,000 shares, the days-to-cover ratio is presently 2.4 days.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, February 23rd 2023.
View our AEP earnings forecast.

American Electric Power will be holding an earnings conference call on Thursday, February 23rd at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link.

American Electric Power Company, Inc. (NASDAQ:AEP) released its earnings results on Wednesday, October, 27th. The company reported $1.43 EPS for the quarter, missing the consensus estimate of $1.46 by $0.03. The company had revenue of $4.60 billion for the quarter, compared to analyst estimates of $4.30 billion. American Electric Power had a net margin of 13.08% and a trailing twelve-month return on equity of 10.73%. The company's quarterly revenue was up 12.2% compared to the same quarter last year. During the same period in the prior year, the business earned $1.47 EPS.
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American Electric Power announced a quarterly dividend on Tuesday, January 24th. Investors of record on Friday, February 10th will be given a dividend of $0.83 per share on Friday, March 10th. This represents a $3.32 annualized dividend and a yield of 3.57%. The ex-dividend date of this dividend is Thursday, February 9th.
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 3.57%. 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 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 62.06% 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 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 many different retail and institutional investors. Top institutional shareholders include Allspring Global Investments Holdings LLC (0.84%), Maple Brown Abbott Ltd (0.25%), Strs Ohio (0.20%), New York State Teachers Retirement System (0.11%), Ardevora Asset Management LLP (0.09%) and Gateway Investment Advisers LLC (0.08%). 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 $93.07.

American Electric Power (NASDAQ:AEP) has a market capitalization of $47.82 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.