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S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
10 e-commerce stocks to consider for long-term buys
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
3 reasons to buy AMD before 2024
How does the Consumer Price Index affect the stock market?
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
3 biotech powerhouses poised to thrive amid sector rebound
Generative AI boosts UiPath; analysts see triple-digit EPS growth
New CBOE “special perk” helps traders target income every weekend (Ad)
3 must-own China stocks for the Year of the Dragon
Broadcom falls into a buy-the-dip opportunity 
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
10 e-commerce stocks to consider for long-term buys
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
3 reasons to buy AMD before 2024
How does the Consumer Price Index affect the stock market?
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
3 biotech powerhouses poised to thrive amid sector rebound
Generative AI boosts UiPath; analysts see triple-digit EPS growth
New CBOE “special perk” helps traders target income every weekend (Ad)
3 must-own China stocks for the Year of the Dragon
Broadcom falls into a buy-the-dip opportunity 
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
10 e-commerce stocks to consider for long-term buys
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
3 reasons to buy AMD before 2024
How does the Consumer Price Index affect the stock market?
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
3 biotech powerhouses poised to thrive amid sector rebound
Generative AI boosts UiPath; analysts see triple-digit EPS growth
New CBOE “special perk” helps traders target income every weekend (Ad)
3 must-own China stocks for the Year of the Dragon
Broadcom falls into a buy-the-dip opportunity 

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

$79.64
-0.56 (-0.70%)
(As of 12/8/2023 ET)
Compare
Today's Range
$79.23
$80.44
50-Day Range
$71.33
$80.51
52-Week Range
$69.38
$100.32
Volume
2.71 million shs
Average Volume
3.07 million shs
Market Capitalization
$41.88 billion
P/E Ratio
18.27
Dividend Yield
4.42%
Price Target
$91.10

American Electric Power MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.64 Rating Score
Upside/​Downside
14.4% Upside
$91.10 Price Target
Short Interest
Healthy
1.23% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-5.43
Upright™ Environmental Score
News Sentiment
0.79mentions of American Electric Power in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
5.87%
From $5.28 to $5.59 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.67 out of 5 stars

Utilities Sector

20th out of 86 stocks

Electric Services Industry

10th out of 37 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. The company was incorporated in 1906 and is headquartered in Columbus, Ohio.

AEP Stock Price History

AEP Stock News Headlines

All the trading advice you’ve ever received boils down to this
All the trading advice you’ve ever received boils down to one goal and one goal only: finding a reliable edge in the markets. If you can do that, grab hold of it and never let go. Because once you have that edge, and you can count on it, you never need to do anything else.
All the trading advice you’ve ever received boils down to this
All the trading advice you’ve ever received boils down to one goal and one goal only: finding a reliable edge in the markets. If you can do that, grab hold of it and never let go. Because once you have that edge, and you can count on it, you never need to do anything else.
American Electric Power Co Inc's Dividend Analysis
American Electric Power Co Inc Q3 Profit Increases, beats estimates
See More Headlines
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Company Calendar

Last Earnings
11/02/2023
Ex-Dividend for 12/8 Dividend
11/09/2023
Today
12/08/2023
Dividend Payable
12/08/2023
Fiscal Year End
12/31/2023
Next Earnings (Estimated)
2/22/2024

Industry, Sector and Symbol

Industry
Electric services
Sub-Industry
N/A
Sector
Utilities
Current Symbol
NASDAQ:AEP
CIK
4904
Employees
16,974
Year Founded
1906

Price Target and Rating

Average Stock Price Target
$91.10
High Stock Price Target
$100.00
Low Stock Price Target
$77.00
Potential Upside/Downside
+14.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.64
Research Coverage
14 Analysts

Profitability

Net Income
$2.31 billion
Pretax Margin
11.35%

Debt

Sales & Book Value

Annual Sales
$19.29 billion
Cash Flow
$11.34 per share
Book Value
$46.94 per share

Miscellaneous

Free Float
525,245,000
Market Cap
$41.88 billion
Optionable
Optionable
Beta
0.50

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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 Sunday, December 3, 2023 at 5:12 PM.

Pros

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

  • American Electric Power Company, Inc. is a vertically integrated electric utility holding company that engages in the generation, transmission, and distribution of electricity. This allows the company to have control over the entire supply chain, which can lead to operational efficiencies and cost savings.
  • The company has a diverse portfolio of energy sources, including coal, natural gas, renewable energy, nuclear, hydro, solar, wind, and others. This diversification reduces the company's reliance on any single energy source and helps mitigate risks associated with fluctuations in fuel prices or regulatory changes.
  • American Electric Power Company, Inc. has a strong track record of paying dividends. The company recently increased its quarterly dividend, indicating its commitment to returning value to shareholders. As of the ex-dividend date, the dividend yield is 4.42%, which can be attractive to income-focused investors.
  • The company has reported positive earnings per share, beating analysts' expectations in the most recent quarter. This demonstrates the company's ability to generate profits and indicates potential growth opportunities.
  • American Electric Power Company, Inc. operates in the electric services industry, which is essential for modern society. The demand for electricity is expected to continue growing, providing a stable and potentially lucrative market for the company.

Cons

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

  • The company's revenue in the most recent quarter was down compared to the same quarter last year. This indicates a potential decline in demand or challenges in the market that could affect future financial performance.
  • There are concerns about the environmental impact of the company's reliance on coal and other non-renewable energy sources. As the world shifts towards cleaner and more sustainable energy options, American Electric Power Company, Inc. may face regulatory and public pressure to transition to cleaner energy sources, which could increase costs and impact profitability.
  • The stock price of American Electric Power Company, Inc. is subject to market fluctuations and can be influenced by various factors such as economic conditions, industry trends, and investor sentiment. Investors should carefully consider their risk tolerance and market conditions before making investment decisions.
  • Competition in the electric services industry is intense, with many players vying for market share. American Electric Power Company, Inc. may face challenges in maintaining or growing its customer base, especially in regions where competition is high.
  • Investors should be aware of the regulatory environment in which American Electric Power Company, Inc. operates. Changes in regulations, such as those related to emissions standards or energy policies, could impact the company's operations and financial performance.














AEP Stock Analysis - Frequently Asked Questions

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

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for American Electric Power in the last twelve months. There are currently 5 hold ratings and 9 buy ratings for the stock. The consensus among Wall Street 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?

14 Wall Street research analysts have issued 12 month price objectives for American Electric Power's stock. Their AEP share price targets range from $77.00 to $100.00. On average, they predict the company's share price to reach $91.10 in the next year. This suggests a possible upside of 14.4% 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 2023?

American Electric Power's stock was trading at $94.95 on January 1st, 2023. Since then, AEP shares have decreased by 16.1% and is now trading at $79.64.
View the best growth stocks for 2023 here
.

Are investors shorting American Electric Power?

American Electric Power saw a increase in short interest during the month of November. As of November 15th, there was short interest totaling 6,450,000 shares, an increase of 16.4% from the October 31st total of 5,540,000 shares. Based on an average trading volume of 3,350,000 shares, the days-to-cover ratio is presently 1.9 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, February 22nd 2024.
View our AEP earnings forecast
.

How were American Electric Power's earnings last quarter?

American Electric Power Company, Inc. (NASDAQ:AEP) posted its earnings results on Thursday, November, 2nd. The company reported $1.77 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.73 by $0.04. The business earned $5.30 billion during the quarter, compared to analysts' expectations of $5.37 billion. American Electric Power had a net margin of 11.72% and a trailing twelve-month return on equity of 10.73%. The company's quarterly revenue was down 3.6% compared to the same quarter last year. During the same period in the prior year, the business earned $1.62 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 announced a quarterly dividend on Tuesday, October 24th. Shareholders of record on Friday, November 10th will be given a dividend of $0.88 per share on Friday, December 8th. This represents a $3.52 dividend on an annualized basis and a yield of 4.42%. The ex-dividend date is Thursday, November 9th. This is an increase from the stock's previous quarterly dividend of $0.83.
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 4.37%. 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 80.73%. 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 62.97% 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 Friday, November, 10th. The company provided EPS guidance of $5.53-$5.73 for the period, compared to the consensus EPS estimate of $5.58. The company issued revenue guidance of -.

Who are American Electric Power's major shareholders?

American Electric Power's stock is owned by a variety of institutional and retail investors. Top institutional investors include Wellington Management Group LLP (5.44%), Morgan Stanley (2.83%), Invesco Ltd. (1.86%), Royal Bank of Canada (1.47%), Ameriprise Financial Inc. (1.42%) and Massachusetts Financial Services Co. MA (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.
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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 12/9/2023 by MarketBeat.com Staff

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