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

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.
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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.

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.
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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.

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 22nd 2024.
View our AEP earnings forecast.

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.
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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.

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.

ETFs with the largest weight of American Electric Power (NASDAQ:AEP) stock in their portfolio include Utilities Select Sector SPDR Fund (XLU), Vanguard Utilities ETF (VPU), Fidelity MSCI Utilities Index ETF (FUTY), iShares U.S. Utilities ETF (IDU), TrueShares Low Volatility Equity Income ETF (DIVZ), First Trust EIP Carbon Impact ETF (ECLN), Direxion Daily Utilities Bull 3X Shares (UTSL) and Invesco S&P 500 Equal Weight Utilities ETF (RSPU).

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 -.

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.
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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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