About American Electric Power Company (NYSE:AEP)
American 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
- Market Cap: $36.31 billion
- Outstanding Shares: 491,840,000
- 50 Day Moving Avg: $72.35
- 200 Day Moving Avg: $70.59
- 52 Week Range: $57.89 - $74.59
Sales & Book Value:
- Trailing P/E Ratio: 63.67
- Foreward P/E Ratio: 19.03
- P/E Growth: 7.60
- Annual Revenue: $15.95 billion
- Price / Sales: 2.28
- Book Value: $36.24 per share
- Price / Book: 2.04
- Annual Dividend: $2.36
- Dividend Yield: 3.2%
- EBITDA: $5.12 billion
- Net Margins: 3.60%
- Return on Equity: 10.32%
- Return on Assets: 2.91%
- Debt-to-Equity Ratio: 0.94%
- Current Ratio: 0.45%
- Quick Ratio: 0.34%
- 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?
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?
Some companies that are related to American Electric Power Company include Duke Energy Corporation (DUK), Southern Company (The) (SO), Dominion Energy (D), Exelon Corporation (EXC), Pacific Gas & Electric Co. (PCG), Consolidated Edison (ED), Edison International (EIX), Xcel Energy (XEL), Public Service Enterprise Group Incorporated (PEG), Korea Electric Power Corporation (KEP), WEC Energy Group (WEC), DTE Energy Company (DTE), Eversource Energy (ES), Fortis (FTS), Entergy Corporation (ETR), FirstEnergy Corporation (FE), Sse Plc (SSE) and Enersis Americas S.A. (ENIA).
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?
MarketBeat Community Rating for American Electric Power Company (NYSE AEP)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.
One share of American Electric Power Company stock can currently be purchased for approximately $73.82.
Consensus Ratings for American Electric Power Company (NYSE:AEP) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|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)
Analysts' Ratings History for American Electric Power Company (NYSE:AEP)
(Data available from 10/23/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|10/17/2017||Deutsche Bank AG||Downgrade||Buy -> Hold||N/A|
|10/12/2017||J P Morgan Chase & Co||Boost Price Target||Neutral||$75.00||N/A|
|10/3/2017||Jefferies Group LLC||Reiterated Rating||Hold||$73.00||High|
|9/22/2017||Mizuho||Downgrade||Buy -> Neutral||$74.00 -> $73.00||High|
|9/8/2017||Morgan Stanley||Reiterated Rating||Equal Weight||Low|
|9/4/2017||Royal Bank Of Canada||Reiterated Rating||Hold||$71.00||Low|
|7/28/2017||BMO Capital Markets||Reiterated Rating||Outperform||$73.00 -> $75.00||Low|
|6/26/2017||Goldman Sachs Group, Inc. (The)||Downgrade||Buy -> Neutral||$68.00 -> $70.00||Low|
|4/23/2017||Barclays PLC||Reiterated Rating||Overweight||$71.00 -> $76.00||Low|
|1/10/2017||Wells Fargo & Company||Upgrade||Market Perform -> Outperform||N/A|
|1/9/2017||Guggenheim||Downgrade||Buy -> Neutral||N/A|
|11/2/2016||Evercore ISI||Downgrade||Buy -> Hold||N/A|
|10/4/2016||Citigroup Inc.||Lower Price Target||Neutral||$69.00 -> $66.00||N/A|
|9/26/2016||SunTrust Banks, Inc.||Boost Price Target||Buy||$74.00 -> $76.00||N/A|
|7/29/2016||Hilliard Lyons||Downgrade||Buy -> Hold||N/A|
|5/24/2016||Bank of America Corporation||Reiterated Rating||Buy||N/A|
|2/22/2016||Argus||Boost Price Target||Buy||$61.00 -> $67.00||N/A|
|1/14/2016||Macquarie||Boost Price Target||$60.00 -> $61.00||N/A|
|10/23/2015||Credit Suisse Group||Downgrade||Outperform -> Neutral||$67.00 -> $62.00||N/A|
Earnings History for American Electric Power Company (NYSE:AEP)Earnings History by Quarter for American Electric Power Company (NYSE AEP)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|7/27/2017||Q2 2017||$0.82||$0.75||$3.70 billion||$3.60 billion||View||N/A|
|4/27/2017||Q1 2017||$0.97||$0.96||$3.85 billion||$3.90 billion||View||N/A|
|1/26/2017||Q416||$0.55||$0.67||$3.90 billion||$3.80 billion||View||N/A|
|11/1/2016||Q316||$1.22||$1.30||$4.68 billion||$4.70 billion||View||N/A|
|7/28/2016||Q216||$0.90||$0.95||$4.01 billion||$3.90 billion||View||Listen|
|4/28/2016||Q116||$1.04||$1.02||$4.49 billion||$4.00 billion||View||Listen|
|1/28/2016||Q415||$0.50||$0.48||$3.97 billion||$3.60 billion||View||Listen|
|10/22/2015||Q315||$1.00||$1.06||$4.41 billion||$4.40 billion||View||Listen|
|7/23/2015||Q215||$0.81||$0.88||$4.08 billion||$3.90 billion||View||Listen|
|4/23/2015||Q115||$1.11||$1.28||$4.59 billion||$4.70 billion||View||N/A|
|1/28/2015||Q414||$0.52||$0.48||$4.28 billion||$4.00 billion||View||N/A|
|10/23/2014||Q314||$1.03||$1.01||$4.43 billion||$4.30 billion||View||Listen|
|7/25/2014||Q214||$0.75||$0.80||$3.92 billion||$4.00 billion||View||N/A|
|4/25/2014||Q1 14||$0.91||$1.15||$4.04 billion||$4.60 billion||View||N/A|
|1/27/2014||Q413||$0.56||$0.60||$3.53 billion||$3.80 billion||View||N/A|
|10/23/2013||Q313||$1.09||$1.10||$4.61 billion||$4.20 billion||View||N/A|
|7/25/2013||Q2 2013||$0.74||$0.73||$3.69 billion||$3.60 billion||View||N/A|
|4/26/2013||Q1 2013||$0.81||$0.80||$3.78 billion||$3.80 billion||View||N/A|
|2/15/2013||Q4 2012||$0.45||$0.50||$3.55 billion||$3.60 billion||View||Listen|
Earnings Estimates for American Electric Power Company (NYSE:AEP)
2017 EPS Consensus Estimate: $3.54
2018 EPS Consensus Estimate: $3.91
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for American Electric Power Company (NYSE:AEP)
|Most Recent Dividend:||9/8/2017|
|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 History by Quarter for American Electric Power Company (NYSE AEP)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for American Electric Power Company (NYSE:AEP)
Insider Ownership Percentage: 0.15%Insider Trades by Quarter for American Electric Power Company (NYSE:AEP)
Institutional Ownership Percentage: 71.16%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|5/16/2017||Paul Chodak III||Insider||Sell||1,110||$68.20||$75,702.00|| |
|2/23/2017||Lisa M. Barton||Insider||Sell||1,314||$65.90||$86,592.60|| |
|5/26/2016||Mark C Mccullough||EVP||Buy||4,425||$64.33||$284,660.25|| |
|5/4/2016||Robert P Powers||COO||Sell||1,046||$65.39||$68,397.94|| |
|2/2/2016||Lionel L. Nowell III||Director||Sell||8,209||$62.00||$508,958.00|| |
|11/23/2015||Lisa M. Barton||EVP||Sell||1,273||$55.98||$71,262.54|| |
|5/7/2015||Brian X Tierney||CFO||Sell||3,642||$55.51||$202,167.42|| |
|5/4/2015||Robert P Powers||COO||Sell||3,642||$57.00||$207,594.00|| |
|8/14/2014||Brian X Tierney||CFO||Sell||8,603||$50.92||$438,064.76|| |
|8/8/2014||Robert P Powers||COO||Sell||8,603||$49.85||$428,859.55|| |
|5/8/2014||Lisa Barton||EVP||Sell||1,771||$53.11||$94,057.81|| |
|5/5/2014||David Matthew Feinberg||EVP||Sell||7,683||$53.28||$409,350.24|| |
|5/5/2014||Dennis Welch||VP||Sell||24,485||$53.23||$1,303,336.55|| |
|5/5/2014||Robert Powers||COO||Sell||6,059||$52.73||$319,491.07|| |
|2/7/2014||Brian Tierney||CFO||Sell||5,973||$47.81||$285,569.13|| |
|11/4/2013||Lisa M Barton||EVP||Sell||2,240||$47.03||$105,347.20|| |
|10/25/2013||Mark C Mccullough||EVP||Sell||2,931||$46.68||$136,819.08|| |
|8/6/2013||Brian Tierney||CFO||Sell||11,017||$45.71||$503,587.07|| |
|8/6/2013||Robert Powers||COO||Sell||8,254||$46.00||$379,684.00|| |
|7/29/2013||Robert P Powers||COO||Sell||5,804||$46.53||$270,060.12|| |
|2/20/2013||Oliver G Richard III||Director||Buy||2,195||$45.53||$99,938.35|| |
|11/13/2012||Sandra Beach Lin||Director||Buy||1,000||$41.56||$41,560.00|| |
Headline Trends for American Electric Power Company (NYSE:AEP)
Latest Headlines for American Electric Power Company (NYSE:AEP)
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American Electric Power Company (AEP) Chart for Monday, October, 23, 2017