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NYSE:AXP

American Express (AXP) Stock Price, News & Analysis

$210.54
-1.95 (-0.92%)
(As of 12:28 PM ET)
Today's Range
$209.89
$212.69
50-Day Range
$174.52
$212.61
52-Week Range
$140.91
$214.29
Volume
1.18 million shs
Average Volume
3.47 million shs
Market Capitalization
$152.40 billion
P/E Ratio
18.78
Dividend Yield
1.14%
Price Target
$189.00

American Express MarketRank™ Stock Analysis

Analyst Rating
Hold
2.20 Rating Score
Upside/​Downside
10.4% Downside
$189.00 Price Target
Short Interest
Healthy
1.11% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-0.42
Upright™ Environmental Score
News Sentiment
0.51mentions of American Express in the last 14 days
Based on 25 Articles This Week
Insider Trading
Selling Shares
$40.06 M Sold Last Quarter
Proj. Earnings Growth
14.42%
From $12.83 to $14.68 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.45 out of 5 stars

Finance Sector

377th out of 1,704 stocks

Nondepository Credit Institutions Industry

7th out of 94 stocks


AXP stock logo

About American Express Stock (NYSE:AXP)

American Express Company is a multinational financial services company based in New York City. The company provides credit cards, charge cards, traveler's cheques and other financial services to individuals and businesses worldwide.

Founded in 1850, American Express has been a pioneer in the credit card industry and has developed a reputation for offering premium products and services that cater to high-income consumers. The company operates in over 130 countries and employs over 75,000 people globally.

Stephen J. Squeri has served as American Express Chairman and Chief Executive Officer since 2018, succeeding Kenneth I. Chenault. Squeri joined the company in 1985 and has held various leadership positions.

He is credited with leading the company's digital transformation and developing new partnerships with technology companies such as Apple, Google and Amazon. Other key management team members include Chief Financial Officer Jeffrey C. Campbell and Vice Chairman Douglas E. Buckminster.

American Express has consistently generated strong financial results, with revenue increasing consistently over the past few years. The company's net income has also grown during this same time frame. The company's profit margin has remained relatively stable at around 14%.

American Express has maintained a strong balance sheet, with a debt-to-equity ratio and a price-to-book ratio consistent with industry averages. Over the past couple of years, American Express' stock has performed well, leading its industry peers. 

The credit card industry is highly competitive, with a few prominent players dominating the market. American Express competes with other major credit card companies, such as Visa and Mastercard and banks that issue private-label credit cards.

The industry has been growing steadily, with global credit card transactions expected to reach $8.8 trillion by 2025. However, the industry faces several challenges, including increasing regulatory scrutiny and the threat of disruption from fintech startups.

American Express has several growth opportunities, including expanding its presence in international markets and developing new partnerships with technology companies. The company has made significant progress in these areas, with global revenue growth from 2016 to 2022.

American Express has also partnered with companies such as Uber, Marriott and Delta Airlines to offer unique benefits to its cardholders. Additionally, the company has been investing in its digital capabilities by launching its digital wallet and mobile app.

Despite its stable financial performance and growth opportunities, American Express faces several risks and challenges. The company's high-end products and services may be vulnerable to changes in consumer preferences, and the company may need help to appeal to younger generations who prefer debit cards and mobile payments.

Additionally, American Express is subject to increasing regulatory scrutiny, with regulators monitoring the company's anti-money laundering practices and compliance with consumer protection laws. The company's debt levels and dependence on the global economy also pose risks, as a recession or economic downturn could impact its profitability.

Another major challenge for American Express is the increasing competition from fintech startups, disrupting the traditional credit card industry by offering innovative products and services. These startups are often more agile and adaptable than established companies like American Express and may be able to offer more attractive rewards and lower fees to customers.

To stay competitive, American Express must continue to innovate and develop new products and services that cater to changing customer preferences.

AXP Stock Price History

AXP Stock News Headlines

AmEx 4Q profits jump 23% as cardmembers carry heftier balances
American Express saw its fourth quarter profits jump 23% from last year, as more cardmembers have started keeping a balance on their accounts compared to previous years, which has brought in more interest income for the credit card giant
Americans Now Favor Gold Over Stocks as an Investment Vehicle
Americans now consider gold a better long-term investment than stocks for the first time since 2013. But physical gold requires storage and insurance, and gold mining stocks come with significant risks. Fortunately, investors have found a little-known way to benefit from gold that avoids many of these challenges.
American Express (NYSE:AXP) Reaches New 12-Month High at $214.29
Americans Now Favor Gold Over Stocks as an Investment Vehicle
Americans now consider gold a better long-term investment than stocks for the first time since 2013. But physical gold requires storage and insurance, and gold mining stocks come with significant risks. Fortunately, investors have found a little-known way to benefit from gold that avoids many of these challenges.
American Express (NYSE:AXP) Insider Sells $17,979,771.60 in Stock
AXP Feb 2024 237.500 call
American Express Company (AXP)
Latest News for American Express Stock (NYSE:AXP)
3 Consumer Finance Stocks to Guard Your Portfolio
See More Headlines
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Company Calendar

Ex-Dividend for 2/9 Dividend
1/04/2024
Last Earnings
1/26/2024
Dividend Payable
2/09/2024
Today
2/21/2024
Next Earnings (Estimated)
4/18/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Credit Services
Sub-Industry
Consumer Finance
CUSIP
02581610
CIK
4962
Employees
74,600
Year Founded
1850

Price Target and Rating

Average Stock Price Target
$189.00
High Stock Price Target
$235.00
Low Stock Price Target
$125.00
Potential Upside/Downside
-11.1%
Consensus Rating
Hold
Rating Score (0-4)
2.20
Research Coverage
20 Analysts

Profitability

Net Income
$8.37 billion
Pretax Margin
15.61%

Debt

Sales & Book Value

Annual Sales
$60.52 billion
Cash Flow
$13.87 per share
Book Value
$38.79 per share

Miscellaneous

Free Float
723,001,000
Market Cap
$153.90 billion
Optionable
Optionable
Beta
1.23

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Should I Buy American Express Stock? AXP 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 Express was last updated on Tuesday, February 13, 2024 at 8:51 AM.

Pros

Here are some ways that investors could benefit from investing in American Express:

  • American Express provides charge and credit payment card products, which have a strong global presence and offer potential for revenue growth.
  • The company offers travel-related services, which can generate additional income streams and diversify its business.
  • American Express has a long history, being founded in 1850, which demonstrates its stability and resilience in the market.
  • The company has a strong brand reputation, which can attract loyal customers and contribute to its long-term success.
  • Recent developments and innovations in American Express's products and services have the potential to drive future growth and profitability.

Cons

Investors should be bearish about investing in American Express for these reasons:

  • The current stock price of American Express may not be favorable for investors, and it is important to consider the potential risks and returns.
  • The competitive landscape in the payment card industry is intense, which may pose challenges for American Express in maintaining market share and profitability.
  • Changes in consumer behavior and preferences, such as the shift towards digital payments, could impact American Express's traditional business model.
  • The company's reliance on in-house sales teams and direct response advertising may require continuous investment and adaptation to remain competitive.
  • Investors should consider the potential impact of economic and market conditions on American Express's financial performance and growth prospects.














AXP Stock Analysis - Frequently Asked Questions

Should I buy or sell American Express stock right now?

20 Wall Street analysts have issued "buy," "hold," and "sell" ratings for American Express in the last year. There are currently 4 sell ratings, 8 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" AXP shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in AXP, but not buy additional shares or sell existing shares.
View AXP analyst ratings
or view top-rated stocks.

What is American Express' stock price target for 2024?

20 analysts have issued twelve-month target prices for American Express' stock. Their AXP share price targets range from $125.00 to $235.00. On average, they expect the company's stock price to reach $189.00 in the next twelve months. This suggests that the stock has a possible downside of 10.4%.
View analysts price targets for AXP
or view top-rated stocks among Wall Street analysts.

How have AXP shares performed in 2024?

American Express' stock was trading at $187.34 at the beginning of the year. Since then, AXP shares have increased by 12.6% and is now trading at $210.86.
View the best growth stocks for 2024 here
.

Are investors shorting American Express?

American Express saw a increase in short interest in the month of January. As of January 31st, there was short interest totaling 8,070,000 shares, an increase of 19.6% from the January 15th total of 6,750,000 shares. Based on an average daily trading volume, of 3,250,000 shares, the days-to-cover ratio is presently 2.5 days. Currently, 1.1% of the shares of the company are short sold.
View American Express' Short Interest
.

When is American Express' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, April 18th 2024.
View our AXP earnings forecast
.

How were American Express' earnings last quarter?

American Express (NYSE:AXP) posted its quarterly earnings results on Friday, January, 26th. The payment services company reported $2.62 earnings per share for the quarter, missing the consensus estimate of $2.64 by $0.02. The payment services company earned $15.80 billion during the quarter, compared to analyst estimates of $16 billion. American Express had a net margin of 13.84% and a trailing twelve-month return on equity of 30.99%. American Express's revenue was up 11.4% on a year-over-year basis. During the same period in the previous year, the company earned $2.07 EPS.
Read the conference call transcript
.

How often does American Express pay dividends? What is the dividend yield for American Express?

American Express announced a quarterly dividend on Thursday, December 7th. Investors of record on Friday, January 5th will be paid a dividend of $0.60 per share on Friday, February 9th. This represents a $2.40 annualized dividend and a dividend yield of 1.14%. The ex-dividend date of this dividend is Thursday, January 4th.
Read our dividend analysis for AXP
.

Is American Express a good dividend stock?

American Express (NYSE:AXP) pays an annual dividend of $2.40 per share and currently has a dividend yield of 1.13%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 21.41%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, AXP will have a dividend payout ratio of 16.35% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for AXP.

How will American Express' stock buyback program work?

American Express declared that its Board of Directors has authorized a stock buyback plan on Wednesday, March 8th 2023, which permits the company to buyback 120,000,000 shares, according to EventVestor. This buyback authorization permits the company to purchase shares of its stock through open market purchases. Stock buyback plans are often an indication that the company's board believes its shares are undervalued.

What guidance has American Express issued on next quarter's earnings?

American Express updated its FY24 earnings guidance on Friday, January, 26th. The company provided earnings per share (EPS) guidance of $12.65-13.15 for the period, compared to the consensus earnings per share estimate of $12.38. The company issued revenue guidance of ~$65.96-67.17 billion, compared to the consensus revenue estimate of $66.27 billion.

What is Stephen J Squeri's approval rating as American Express' CEO?

1,437 employees have rated American Express Chief Executive Officer Stephen J Squeri on Glassdoor.com. Stephen J Squeri has an approval rating of 95% among the company's employees. This puts Stephen J Squeri in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of American Express own?

Based on aggregate information from My MarketBeat watchlists, some companies that other American Express investors own include JPMorgan Chase & Co. (JPM), Walt Disney (DIS), Intel (INTC), Visa (V), AT&T (T), NVIDIA (NVDA), Johnson & Johnson (JNJ), Bank of America (BAC), Cisco Systems (CSCO) and Verizon Communications (VZ).

Who are American Express' major shareholders?

American Express' stock is owned by a number of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (6.44%), Massachusetts Financial Services Co. MA (1.45%), Fisher Asset Management LLC (1.36%), Price T Rowe Associates Inc. MD (1.08%), Nuveen Asset Management LLC (0.96%) and Northern Trust Corp (0.91%). Insiders that own company stock include Anna Marrs, Anre D Williams, Denise Pickett, Douglas E Buckminster, Howard Grosfield, Jeffrey C Campbell, Laureen Seeger, Marc D Gordon, Monique Herena, Quinn Jessica Lieberman, Raymond Joabar, Scott Kessler, Stephen J Squeri, Theodore Leonsis and Walter Joseph Clayton III.
View institutional ownership trends
.

How do I buy shares of American Express?

Shares of AXP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does American Express have any subsidiaries?
The following companies are subsidiares of American Express: 56th Street AXP Campus LLC, AAC Statutory Trust, AE Exposure Management Limited, AE Hungary Holdings Limited Liability Company, AEOCC Funding Australia Limited, AEOCC Management Company Limited, AMEX (Middle East) QFC LLC, AMEX Assurance Company, AXP Insurance Master Trust, Accertify, Accertify Inc., Acompay, Alpha Card Merchant Services S.C.R.L./C.V.B.A., Alpha Card S.C.R.L./C.V.B.A., American Express (India) Private Limited, American Express (Malaysia) SDN. BHD., American Express (Thai) Company Limited, American Express Advanced Services Europe Limited, American Express Argentina S.A., American Express Asia Network Consulting (Beijing) Limited Company, American Express Australia Limited, American Express Bank (Mexico) S.A. Institucion de Banca Multiple, American Express Bank LLC, American Express Bank Services S.A. de C.V., American Express Banking Corp., American Express Brasil Assessoria Empresarial Ltda., American Express Business Solutions (India) Private Limited, American Express Canada Holdings B.V., American Express Carte France SA, American Express Company (Mexico) S.A. de C.V., American Express Continental LLC, American Express Credit Corporation, American Express Credit Mexico LLC, American Express Dutch Capital LLC, American Express Europe LLC, American Express Europe S.A., American Express European Holdings B.V., American Express France SAS, American Express Group Services Limited, American Express Holding AB, American Express Holdings (France) SAS, American Express Holdings 2 Limited, American Express Holdings G.K., American Express Holdings Limited, American Express Holdings Netherlands CV, American Express Insurance Services Agente de Seguros S.A. de C.V., American Express International (NZ) Inc., American Express International (Taiwan) Inc., American Express International Holdings LLC, American Express International Inc., American Express Italia S.r.l., American Express Japan Co. Ltd., American Express Kabbage Inc., American Express Limited, American Express Marketing & Development Corp., American Express National Bank, American Express Netherlands B.V., American Express Netherlands Holdings B.V., American Express Overseas Credit Corporation Limited, American Express Overseas Credit Corporation N.V., American Express Payment Services Limited, American Express Payments Europe S.L.U., American Express Prepaid Card Management Corporation, American Express Receivables Financing Corporation II, American Express Receivables Financing Corporation III LLC, American Express Receivables Financing Corporation VIII LLC, American Express Saudi Arabia (C) JSC, American Express Services Europe Limited, American Express Services India Private Limited, American Express Servicios Profesionales S. de R.L. de C.V., American Express Swiss Holdings GmbH, American Express TLS HK Limited, American Express Travel Holdings Netherlands B.V., American Express Travel Holdings Netherlands Cooperatief U.A., American Express Travel Related Services Company Inc., American Express Ventures SBIC GP LLC, American Express Ventures SBIC L.P., American Express Viajes S.A., American Express de Espana S.A., American Express spol. s r.o., Amex (Middle East) B.S.C., Amex Agenzia Assicurativa S.r.l., Amex Al Omania LLC, Amex Asesores de Seguros S.A., Amex Bank of Canada, Amex Canada Inc., Amex Egypt Company Limited Liability Company, Amex Funding Management (Europe) Limited, Amex Funding Management Holdings Limited, Amex General Insurance Agency Inc., Amex Global Holdings C.V., Amex NL Holdings 99 LLC, Amex Services Inc., Amex Taiwan Trust, Amexco Insurance Company, Angel Acquisition LLC, Asesorias e Inversiones American Express Chile Limitada, Cake Technologies, Cavendish Holdings Inc., Centurion Finance Limited, Credco Receivables Corp., Express (Hangzhou) Technology Services Company Limited, Fideicomiso Empresarial Amex, GBT JerseyCo Limited, InAuth, InAuth UK Ltd., Kabbage, Kabbage Payments LLC, Kviar Ventures SL, LoungeBuddy, LoungeBuddy Inc., Loyalty Partner, Loyalty Partner GmbH, Loyalty Partner Holdings B.V., Loyalty Partner Polska Sp. z o.o., Loyalty Partner Services Mexico S. de R.L. de C.V., Loyalty Partner Singapore Pte Ltd., Loyalty Partner Solutions GmbH, Loyalty Solutions & Research Pte Ltd., Mez Mobile Inc., Mezi, PAYBACK Austria GmbH, PAYBACK Italia S.r.l., PT American Express Indonesia, Payback GmbH, Payback Mexico S. de R.L. de C.V., Pocket Concierge, Pocket Concierge Inc., RM Merger Sub II LLC, Resy, Resy Network Inc., Resy Network Limited, Resy Network Pty Ltd, Revolution Money, Rexport Inc., Sometrics, Swisscard AECS GmbH, and Travellers Cheque Associates Limited.
Read More
This page (NYSE:AXP) was last updated on 2/21/2024 by MarketBeat.com Staff