American Electric Power Company Company Profile (NYSE:AEP)

About American Electric Power Company (NYSE:AEP)

American Electric Power Company logoAmerican Electric Power Company, Inc. (AEP) is a public utility holding company that owns, directly or indirectly, all of the outstanding common stock of its public utility subsidiaries and varying percentages of other subsidiaries. The service areas of the Company's public utility subsidiaries cover the states of Arkansas, Indiana, Kentucky, Louisiana, Michigan, Ohio, Oklahoma, Tennessee, Texas, Virginia and West Virginia. The Company's segments include Vertically Integrated Utilities, Transmission and Distribution Utilities, AEP Transmission Holdco, and Generation & Marketing. AEP's vertically integrated utility operations are engaged in the generation, transmission and distribution of electricity for sale to retail and wholesale customers. Transmission and Distribution Utilities segment consists of the transmission and distribution of electricity for sale to retail and wholesale customers. AEP Transmission Holdco develops, constructs and operates transmission facilities.

Industry, Sector and Symbol:
  • Sector: Utilities
  • Industry: Electric Utilities
  • Sub-Industry: Electric Utilities
  • Symbol: NYSE:AEP
  • CUSIP: 02553710
  • Web: www.aep.com
Capitalization:
  • Market Cap: $36.31 billion
  • Outstanding Shares: 491,840,000
Average Prices:
  • 50 Day Moving Avg: $72.35
  • 200 Day Moving Avg: $70.59
  • 52 Week Range: $57.89 - $74.59
P/E:
  • Trailing P/E Ratio: 63.67
  • Foreward P/E Ratio: 19.03
  • P/E Growth: 7.60
Sales & Book Value:
  • Annual Revenue: $15.95 billion
  • Price / Sales: 2.28
  • Book Value: $36.24 per share
  • Price / Book: 2.04
Dividend:
  • Annual Dividend: $2.36
  • Dividend Yield: 3.2%
Profitability:
  • EBITDA: $5.12 billion
  • Net Margins: 3.60%
  • Return on Equity: 10.32%
  • Return on Assets: 2.91%
Debt:
  • Debt-to-Equity Ratio: 0.94%
  • Current Ratio: 0.45%
  • Quick Ratio: 0.34%
Misc:
  • Average Volume: 2.16 million shs.
  • Beta: 0.28
  • Short Ratio: 2.55
 

Frequently Asked Questions for American Electric Power Company (NYSE:AEP)

What is American Electric Power Company's stock symbol?

American Electric Power Company trades on the New York Stock Exchange (NYSE) under the ticker symbol "AEP."

How often does American Electric Power Company pay dividends? What is the dividend yield for American Electric Power Company?

American Electric Power Company declared a quarterly dividend on Tuesday, July 25th. Shareholders of record on Thursday, August 10th will be given a dividend of $0.59 per share on Friday, September 8th. This represents a $2.36 annualized dividend and a yield of 3.20%. The ex-dividend date is Tuesday, August 8th. View American Electric Power Company's Dividend History.

How were American Electric Power Company's earnings last quarter?

American Electric Power Company, Inc. (NYSE:AEP) posted its earnings results on Thursday, July, 27th. The company reported $0.75 earnings per share for the quarter, missing analysts' consensus estimates of $0.82 by $0.07. The firm earned $3.60 billion during the quarter, compared to analyst estimates of $3.70 billion. American Electric Power Company had a return on equity of 10.32% and a net margin of 3.60%. During the same period in the previous year, the company posted $0.95 earnings per share. View American Electric Power Company's Earnings History.

When will American Electric Power Company make its next earnings announcement?

American Electric Power Company is scheduled to release their next quarterly earnings announcement on Thursday, October, 26th 2017. View Earnings Estimates for American Electric Power Company.

What guidance has American Electric Power Company issued on next quarter's earnings?

American Electric Power Company issued an update on its FY17 earnings guidance on Thursday, July, 27th. The company provided earnings per share (EPS) guidance of $3.55-3.75 for the period, compared to the Thomson Reuters consensus estimate of $3.66.

Where is American Electric Power Company's stock going? Where will American Electric Power Company's stock price be in 2017?

13 brokers have issued 1-year target prices for American Electric Power Company's shares. Their forecasts range from $70.00 to $76.00. On average, they expect American Electric Power Company's share price to reach $73.10 in the next twelve months. View Analyst Ratings for American Electric Power Company.

What are analysts saying about American Electric Power Company stock?

Here are some recent quotes from research analysts about American Electric Power Company stock:

  • 1. According to Zacks Investment Research, "American Electric continues to focus on augmenting its earnings base has directed its capital expenditure toward regulated businesses. Notably, it has a stable earnings base of approximately 5.4 million customers spread over 11 states. Furthermore, the company’s geographically-diversified operations allow it to avail transmission opportunities with better returns, compared with its single-state utility peers However, the huge investment that American Electric plans to make, may weigh on its finances, going ahead. Also, the company operates in the spot market that faces the risk of volatile market prices, which in turn could affect its margins and revenues. Further, it incurs huge costs in the event of failure to meet the appropriate environmental regulations." (7/27/2017)
  • 2. Jefferies Group LLC analysts commented, "On 3/10, the FERC issued an order accepting AEP's 205 filing. The 205 filing had requested, among other things, to transition from a historical to a forwardlooking test year for the AEP East Transmission Companies, and an effective date of 1/1/17. A 206 complaint on FERC ROEs is still pending, but AEP expects that a lower transmission ROE would be offset by the impact of the 205 filing." (3/14/2017)

Who are some of American Electric Power Company's key competitors?

Who are American Electric Power Company's key executives?

American Electric Power Company's management team includes the folowing people:

  • Nicholas K. Akins, Chairman of the Board, President, Chief Executive Officer
  • Brian X. Tierney, Chief Financial Officer, Executive Vice President
  • Lana L. Hillebrand, Executive Vice President, Chief Administrative Officer
  • David M. Feinberg, Executive Vice President, General Counsel, Secretary
  • Paul Chodak III, Executive Vice President - Utilities
  • Charles R. Patton, Executive Vice President - External Affairs for AEP
  • Charles E. Zebula, Executive Vice President - Energy Supply
  • Lisa M. Barton, Executive Vice President - Transmission of AEPSC
  • Mark C. McCullough, Executive Vice President - Generation of AEPSC
  • Thomas E. Hoaglin, Lead Independent Director

Who owns American Electric Power Company stock?

American Electric Power Company's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include APG Asset Management N.V. (0.69%), Robeco Institutional Asset Management B.V. (0.18%), PGGM Investments (0.15%), Strs Ohio (0.08%), Assenagon Asset Management S.A. (0.05%) and State Treasurer State of Michigan (0.03%). Company insiders that own American Electric Power Company stock include Lionel L Nowell III, Lisa M Barton, Mark C Mccullough, Paul Chodak III and Robert P Powers. View Institutional Ownership Trends for American Electric Power Company.

Who sold American Electric Power Company stock? Who is selling American Electric Power Company stock?

American Electric Power Company's stock was sold by a variety of institutional investors in the last quarter, including PGGM Investments, Robeco Institutional Asset Management B.V., Strs Ohio, State Treasurer State of Michigan, Oakbrook Investments LLC, Bridges Investment Counsel Inc., Private Asset Management Inc. and Juncture Wealth Strategies LLC. Company insiders that have sold American Electric Power Company stock in the last year include Lisa M Barton and Paul Chodak III. View Insider Buying and Selling for American Electric Power Company.

Who bought American Electric Power Company stock? Who is buying American Electric Power Company stock?

American Electric Power Company's stock was purchased by a variety of institutional investors in the last quarter, including APG Asset Management N.V., Assenagon Asset Management S.A., Pensionfund DSM Netherlands, Pensionfund Sabic, Rockefeller Financial Services Inc., Farmers & Merchants Investments Inc., Whittier Trust Co. and Fisher Asset Management LLC. View Insider Buying and Selling for American Electric Power Company.

How do I buy American Electric Power Company stock?

Shares of American Electric Power Company can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is American Electric Power Company's stock price today?

One share of American Electric Power Company stock can currently be purchased for approximately $73.82.


MarketBeat Community Rating for American Electric Power Company (NYSE AEP)
Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  363 (Vote Outperform)
Underperform Votes:  411 (Vote Underperform)
Total Votes:  774
MarketBeat's community ratings are surveys of what our community members think about American Electric Power Company and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for American Electric Power Company (NYSE:AEP) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 9 Hold Ratings, 4 Buy Ratings
Consensus Rating:Hold (Score: 2.31)
Consensus Price Target: $73.10 (0.98% downside)
Consensus Price Target History for American Electric Power Company (NYSE:AEP)
Price Target History for American Electric Power Company (NYSE:AEP)
Analysts' Ratings History for American Electric Power Company (NYSE:AEP)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/17/2017Deutsche Bank AGDowngradeBuy -> HoldN/AView Rating Details
10/12/2017J P Morgan Chase & CoBoost Price TargetNeutral$75.00N/AView Rating Details
10/3/2017Jefferies Group LLCReiterated RatingHold$73.00HighView Rating Details
9/22/2017MizuhoDowngradeBuy -> Neutral$74.00 -> $73.00HighView Rating Details
9/8/2017Morgan StanleyReiterated RatingEqual WeightLowView Rating Details
9/4/2017Royal Bank Of CanadaReiterated RatingHold$71.00LowView Rating Details
9/1/2017KeyCorpReiterated RatingBuy$73.00LowView Rating Details
7/28/2017BMO Capital MarketsReiterated RatingOutperform$73.00 -> $75.00LowView Rating Details
6/26/2017Goldman Sachs Group, Inc. (The)DowngradeBuy -> Neutral$68.00 -> $70.00LowView Rating Details
4/23/2017Barclays PLCReiterated RatingOverweight$71.00 -> $76.00LowView Rating Details
1/10/2017Wells Fargo & CompanyUpgradeMarket Perform -> OutperformN/AView Rating Details
1/9/2017GuggenheimDowngradeBuy -> NeutralN/AView Rating Details
11/2/2016Evercore ISIDowngradeBuy -> HoldN/AView Rating Details
10/4/2016Citigroup Inc.Lower Price TargetNeutral$69.00 -> $66.00N/AView Rating Details
9/26/2016SunTrust Banks, Inc.Boost Price TargetBuy$74.00 -> $76.00N/AView Rating Details
7/29/2016Hilliard LyonsDowngradeBuy -> HoldN/AView Rating Details
5/24/2016Bank of America CorporationReiterated RatingBuyN/AView Rating Details
2/22/2016ArgusBoost Price TargetBuy$61.00 -> $67.00N/AView Rating Details
1/14/2016MacquarieBoost Price Target$60.00 -> $61.00N/AView Rating Details
10/23/2015Credit Suisse GroupDowngradeOutperform -> Neutral$67.00 -> $62.00N/AView Rating Details
(Data available from 10/23/2015 forward)

Earnings

Earnings History for American Electric Power Company (NYSE:AEP)
Earnings by Quarter for American Electric Power Company (NYSE:AEP)
Earnings History by Quarter for American Electric Power Company (NYSE AEP)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/30/2017$1.21N/AView Earnings Details
7/27/2017Q2 2017$0.82$0.75$3.70 billion$3.60 billionViewN/AView Earnings Details
4/27/2017Q1 2017$0.97$0.96$3.85 billion$3.90 billionViewN/AView Earnings Details
1/26/2017Q416$0.55$0.67$3.90 billion$3.80 billionViewN/AView Earnings Details
11/1/2016Q316$1.22$1.30$4.68 billion$4.70 billionViewN/AView Earnings Details
7/28/2016Q216$0.90$0.95$4.01 billion$3.90 billionViewListenView Earnings Details
4/28/2016Q116$1.04$1.02$4.49 billion$4.00 billionViewListenView Earnings Details
1/28/2016Q415$0.50$0.48$3.97 billion$3.60 billionViewListenView Earnings Details
10/22/2015Q315$1.00$1.06$4.41 billion$4.40 billionViewListenView Earnings Details
7/23/2015Q215$0.81$0.88$4.08 billion$3.90 billionViewListenView Earnings Details
4/23/2015Q115$1.11$1.28$4.59 billion$4.70 billionViewN/AView Earnings Details
1/28/2015Q414$0.52$0.48$4.28 billion$4.00 billionViewN/AView Earnings Details
10/23/2014Q314$1.03$1.01$4.43 billion$4.30 billionViewListenView Earnings Details
7/25/2014Q214$0.75$0.80$3.92 billion$4.00 billionViewN/AView Earnings Details
4/25/2014Q1 14$0.91$1.15$4.04 billion$4.60 billionViewN/AView Earnings Details
1/27/2014Q413$0.56$0.60$3.53 billion$3.80 billionViewN/AView Earnings Details
10/23/2013Q313$1.09$1.10$4.61 billion$4.20 billionViewN/AView Earnings Details
7/25/2013Q2 2013$0.74$0.73$3.69 billion$3.60 billionViewN/AView Earnings Details
4/26/2013Q1 2013$0.81$0.80$3.78 billion$3.80 billionViewN/AView Earnings Details
2/15/2013Q4 2012$0.45$0.50$3.55 billion$3.60 billionViewListenView Earnings Details
10/24/2012$1.02$1.02ViewN/AView Earnings Details
7/20/2012$0.71$0.77ViewN/AView Earnings Details
4/20/2012$0.80$0.80ViewN/AView Earnings Details
1/27/2012$0.40$0.40ViewN/AView Earnings Details
10/26/2011$1.14$1.17ViewN/AView Earnings Details
7/29/2011$0.76$0.73ViewN/AView Earnings Details
4/21/2011$0.80$0.82ViewN/AView Earnings Details
1/28/2011$0.40$0.38ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for American Electric Power Company (NYSE:AEP)
2017 EPS Consensus Estimate: $3.54
2018 EPS Consensus Estimate: $3.91
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20173$0.93$0.95$0.94
Q2 20173$0.74$0.88$0.81
Q3 20173$1.08$1.26$1.18
Q4 20172$0.55$0.68$0.62
Q1 20181$1.01$1.01$1.01
Q2 20181$0.94$0.94$0.94
Q3 20181$1.25$1.25$1.25
Q4 20181$0.71$0.71$0.71
Q1 20191$1.08$1.08$1.08
Q2 20191$0.87$0.87$0.87
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for American Electric Power Company (NYSE:AEP)
Most Recent Dividend:9/8/2017
Annual Dividend:$2.36
Dividend Yield:3.20%
Dividend Growth:5.20% (3 Year Average)
Payout Ratio:203.45% (Trailing 12 Months of Earnings)
64.84% (Based on This Year's Estimates)
60.82% (Based on Next Year's Estimates)
Track Record:4 Years of Consecutive Dividend Growth
Dividend Payments by Quarter for American Electric Power Company (NYSE:AEP)

Dividend History by Quarter for American Electric Power Company (NYSE AEP)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
7/25/2017quarterly$0.593.41%8/8/20178/10/20179/8/2017
4/25/2017quarterly$0.593.49%5/8/20175/10/20176/9/2017
1/24/2017quarterly$0.593.77%2/8/20172/10/20173/10/2017
10/25/2016quarterly$0.5911/8/201611/10/201612/9/2016
7/26/2016quarterly$0.568/10/20169/9/2016
4/26/2016quarterly$0.565/6/20165/10/20166/10/2016
1/25/2016quarterly$0.562/8/20162/10/20163/10/2016
10/20/2015quarterly$0.5611/6/201511/10/201512/10/2015
7/21/2015quarterly$0.538/6/20158/10/20159/10/2015
4/21/2015quarterly$0.533.78%5/6/20155/8/20156/10/2015
1/21/2015quarterly$0.533.31%2/6/20152/10/20153/10/2015
10/21/2014quarterly$0.533.79%11/6/201411/10/201412/10/2014
7/22/2014quarterly$0.503.71%8/6/20148/8/20149/10/2014
4/22/2014quarterly$0.503.85%5/7/20145/9/20146/10/2014
1/22/2014quarterly$0.504.2%2/6/20142/10/20143/10/2014
10/22/2013quarterly$0.504.3%11/6/201311/8/201312/10/2013
7/24/2013quarterly$0.494.28%8/7/20138/9/20139/10/2013
4/23/2013quarterly$0.493.85%5/8/20135/10/20136/10/2013
1/23/2013quarterly$0.474.25%2/6/20132/8/20133/8/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for American Electric Power Company (NYSE:AEP)
Insider Ownership Percentage: 0.15%
Institutional Ownership Percentage: 71.16%
Insider Trades by Quarter for American Electric Power Company (NYSE:AEP)
Institutional Ownership by Quarter for American Electric Power Company (NYSE:AEP)
Insider Trades by Quarter for American Electric Power Company (NYSE:AEP)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
5/16/2017Paul Chodak IIIInsiderSell1,110$68.20$75,702.00View SEC Filing  
2/23/2017Lisa M. BartonInsiderSell1,314$65.90$86,592.60View SEC Filing  
5/26/2016Mark C McculloughEVPBuy4,425$64.33$284,660.25View SEC Filing  
5/4/2016Robert P PowersCOOSell1,046$65.39$68,397.94View SEC Filing  
2/2/2016Lionel L. Nowell IIIDirectorSell8,209$62.00$508,958.00View SEC Filing  
11/23/2015Lisa M. BartonEVPSell1,273$55.98$71,262.54View SEC Filing  
5/7/2015Brian X TierneyCFOSell3,642$55.51$202,167.42View SEC Filing  
5/4/2015Robert P PowersCOOSell3,642$57.00$207,594.00View SEC Filing  
8/14/2014Brian X TierneyCFOSell8,603$50.92$438,064.76View SEC Filing  
8/8/2014Robert P PowersCOOSell8,603$49.85$428,859.55View SEC Filing  
5/8/2014Lisa BartonEVPSell1,771$53.11$94,057.81View SEC Filing  
5/5/2014David Matthew FeinbergEVPSell7,683$53.28$409,350.24View SEC Filing  
5/5/2014Dennis WelchVPSell24,485$53.23$1,303,336.55View SEC Filing  
5/5/2014Robert PowersCOOSell6,059$52.73$319,491.07View SEC Filing  
2/7/2014Brian TierneyCFOSell5,973$47.81$285,569.13View SEC Filing  
11/4/2013Lisa M BartonEVPSell2,240$47.03$105,347.20View SEC Filing  
10/25/2013Mark C McculloughEVPSell2,931$46.68$136,819.08View SEC Filing  
8/6/2013Brian TierneyCFOSell11,017$45.71$503,587.07View SEC Filing  
8/6/2013Robert PowersCOOSell8,254$46.00$379,684.00View SEC Filing  
7/29/2013Robert P PowersCOOSell5,804$46.53$270,060.12View SEC Filing  
2/20/2013Oliver G Richard IIIDirectorBuy2,195$45.53$99,938.35View SEC Filing  
11/13/2012Sandra Beach LinDirectorBuy1,000$41.56$41,560.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for American Electric Power Company (NYSE:AEP)
Latest Headlines for American Electric Power Company (NYSE:AEP)
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Chart

American Electric Power Company (AEP) Chart for Monday, October, 23, 2017

This page was last updated on 10/23/2017 by MarketBeat.com Staff

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