About American Express Company (NYSE:AXP)
American Express Company, together with its subsidiaries, is a global services company. The Company's principal products and services are charge and credit card products, and travel-related services, which are offered to consumers and businesses around the world. Its segments include the U.S. Consumer Services (USCS), International Consumer and Network Services (ICNS), Global Commercial Services (GCS) and Global Merchant Services (GMS). The USCS includes the U.S. Consumer Card Services business and consumer travel services in the United States. The ICNS includes the International Consumer Card Services business, Global Network Services business and consumer travel services outside the United States. The GCS includes the Global Corporate Payments business, small business services businesses in the United States and internationally, financing products and foreign exchange services operations. The GMS includes the Global Merchant Services business and global loyalty coalition businesses.
Industry, Sector and Symbol:
- Sector: Finance
- Industry: Consumer Credit Cards Services
- Sub-Industry: Consumer Finance
- Symbol: NYSE:AXP
- CUSIP: 02581610
- Web: www.americanexpress.com
- Market Cap: $81.41 billion
- Outstanding Shares: 883,979,000
- 50 Day Moving Avg: $89.20
- 200 Day Moving Avg: $83.54
- 52 Week Range: $65.03 - $93.35
Sales & Book Value:
- Trailing P/E Ratio: 18.89
- Foreward P/E Ratio: 14.23
- P/E Growth: 1.43
- Annual Revenue: $29.48 billion
- Price / Sales: 2.76
- Book Value: $23.93 per share
- Price / Book: 3.85
- Annual Dividend: $1.40
- Dividend Yield: 1.5%
- Net Margins: 14.48%
- Return on Equity: 22.75%
- Return on Assets: 2.90%
- Debt-to-Equity Ratio: 2.33%
- Current Ratio: 2.27%
- Quick Ratio: 1.96%
- Average Volume: 3.24 million shs.
- Beta: 1.21
- Short Ratio: 4.62
Frequently Asked Questions for American Express Company (NYSE:AXP)
What is American Express Company's stock symbol?
American Express Company trades on the New York Stock Exchange (NYSE) under the ticker symbol "AXP."
How often does American Express Company pay dividends? What is the dividend yield for American Express Company?
American Express Company declared a quarterly dividend on Tuesday, September 26th. Investors of record on Friday, October 6th will be given a dividend of $0.35 per share on Friday, November 10th. This represents a $1.40 dividend on an annualized basis and a yield of 1.52%. The ex-dividend date is Thursday, October 5th. This is a positive change from American Express Company's previous quarterly dividend of $0.32. View American Express Company's Dividend History.
How will American Express Company's stock buyback program work?
American Express Company declared that its Board of Directors has authorized a stock buyback plan on Thursday, June 29th 2017, which authorizes the company to repurchase $4,400,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase up to 5.9% of its shares through open market purchases. Shares repurchase plans are usually a sign that the company's board believes its stock is undervalued.
How were American Express Company's earnings last quarter?
American Express Company (NYSE:AXP) issued its earnings results on Wednesday, October, 18th. The company reported $1.50 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $1.47 by $0.03. The company earned $8.44 billion during the quarter, compared to analyst estimates of $8.31 billion. American Express Company had a net margin of 14.48% and a return on equity of 22.75%. The firm's revenue for the quarter was up 8.5% on a year-over-year basis. During the same period last year, the company earned $1.24 EPS. View American Express Company's Earnings History.
When will American Express Company make its next earnings announcement?
What guidance has American Express Company issued on next quarter's earnings?
American Express Company updated its FY17 earnings guidance on Wednesday, October, 18th. The company provided earnings per share guidance of $5.80-5.90 for the period, compared to the Thomson Reuters consensus estimate of $5.74.
Where is American Express Company's stock going? Where will American Express Company's stock price be in 2017?
28 equities research analysts have issued 12-month price objectives for American Express Company's stock. Their predictions range from $68.00 to $106.00. On average, they expect American Express Company's stock price to reach $90.61 in the next year. View Analyst Ratings for American Express Company.
Who are some of American Express Company's key competitors?
Some companies that are related to American Express Company include Royal Bank Of Canada (RY), Toronto Dominion Bank (The) (TD), Allianz SE (AZSEY), Banco Santander, S.A. (SAN), BNP Paribas SA (BNPQY), Goldman Sachs Group, Inc. (The) (GS), Morgan Stanley (MS), China Life Insurance Company Limited (LFC), U.S. Bancorp (USB), Itau Unibanco Banco Holding SA (ITUB), Westpac Banking Corporation (WBK), Mitsubishi UFJ Financial Group (MTU), HDFC Bank Limited (HDB), Bank of Nova Scotia (The) (BNS), BlackRock (BLK), ING Group, N.V. (ING), Axa SA (AXAHY) and D/B/A Chubb Limited New (CB).
Who are American Express Company's key executives?
American Express Company's management team includes the folowing people:
- Kenneth I. Chenault, Chairman of the Board, Chief Executive Officer
- Stephen J. Squeri, Vice Chairman of the Board
- Jeffrey C. Campbell, Chief Financial Officer, Executive Vice President - Finance
- Douglas E. Buckminster, President - Global Consumer Services Group
- James P. Bush, President - Global Network and International Consumer Services
- Ashwini Gupta, President - Global Credit Risk and Information Management
- Susan Sobbott, President - Global Commercial Payments
- Anre D. Williams, President - Global Merchant Services and Loyalty
- L. Kevin Cox, Chief Human Resource Officer
- Marc D. Gordon, Executive Vice President, Chief Information Officer
Who owns American Express Company stock?
American Express Company's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Fisher Asset Management LLC (1.31%), APG Asset Management N.V. (0.36%), Focused Investors LLC (0.18%), State Treasurer State of Michigan (0.10%), PGGM Investments (0.10%) and Douglas Lane & Associates LLC (0.08%). Company insiders that own American Express Company stock include Anre D Williams, Ashwini Gupta, Douglas E Buckminster, James Peter Bush, John Joseph Brennan, Kenneth I Chenault, L Kevin Cox, Linda Zukauckas, Marc D Gordon, Michael John O'neill, Paul D Fabara, Ronald A Williams, Stephen J Squeri and Susan Sobbott. View Institutional Ownership Trends for American Express Company.
Who sold American Express Company stock? Who is selling American Express Company stock?
American Express Company's stock was sold by a variety of institutional investors in the last quarter, including Douglas Lane & Associates LLC, Focused Investors LLC, Meeder Asset Management Inc., State Treasurer State of Michigan, Sumitomo Life Insurance Co., Private Asset Management Inc., Arrow Financial Corp and Tompkins Financial Corp. Company insiders that have sold American Express Company stock in the last year include Anre D Williams, Ashwini Gupta, Douglas E Buckminster, James Peter Bush, Kenneth I Chenault, L Kevin Cox, Marc D Gordon, Paul D Fabara, Stephen J Squeri and Susan Sobbott. View Insider Buying and Selling for American Express Company.
Who bought American Express Company stock? Who is buying American Express Company stock?
American Express Company's stock was bought by a variety of institutional investors in the last quarter, including APG Asset Management N.V., PGGM Investments, Fisher Asset Management LLC, Barometer Capital Management Inc., Robeco Institutional Asset Management B.V., Park National Corp OH, Cacti Asset Management LLC and Quantitative Systematic Strategies LLC. Company insiders that have bought American Express Company stock in the last two years include John Joseph Brennan and Ronald A Williams. View Insider Buying and Selling for American Express Company.
How do I buy American Express Company stock?
Shares of American Express 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 Express Company's stock price today?
MarketBeat Community Rating for American Express Company (NYSE AXP)MarketBeat's community ratings are surveys of what our community members think about American Express 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 Express Company stock can currently be purchased for approximately $92.09.
Consensus Ratings for American Express Company (NYSE:AXP) (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: ||3 Sell Ratings, 14 Hold Ratings, 11 Buy Ratings|
|Consensus Rating:||Hold (Score: 2.29)|
|Consensus Price Target: ||$90.61 (1.61% downside)|Consensus Price Target History for American Express Company (NYSE:AXP)
Analysts' Ratings History for American Express Company (NYSE:AXP)
(Data available from 10/22/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|10/20/2017||Jefferies Group LLC||Boost Price Target||Hold||$64.75 -> $93.35||N/A|
|10/19/2017||Royal Bank Of Canada||Boost Price Target||Underperform||$68.00||N/A|
|10/19/2017||Piper Jaffray Companies||Reiterated Rating||Hold||$98.00||N/A|
|10/19/2017||Barclays PLC||Set Price Target||Hold||$83.00 -> $93.00||N/A|
|10/19/2017||Bank of America Corporation||Boost Price Target||Buy||$102.00 -> $106.00||N/A|
|10/19/2017||Morgan Stanley||Boost Price Target||Equal Weight||$89.00 -> $97.00||N/A|
|10/19/2017||Oppenheimer Holdings, Inc.||Set Price Target||Buy||$93.00 -> $99.00||N/A|
|10/19/2017||Stephens||Set Price Target||Hold||$89.00||N/A|
|10/19/2017||Credit Suisse Group||Reiterated Rating||Underperform||$79.00 -> $84.00||N/A|
|10/12/2017||Compass Point||Downgrade||Buy -> Neutral||N/A|
|10/10/2017||Wells Fargo & Company||Initiated Coverage||Outperform||$105.00||N/A|
|10/2/2017||Buckingham Research||Initiated Coverage||Neutral -> Neutral||$92.00||Low|
|8/19/2017||Keefe, Bruyette & Woods||Set Price Target||Buy||$95.00||Low|
|7/22/2017||Sanford C. Bernstein||Reiterated Rating||Outperform||$99.00 -> $100.00||Low|
|7/22/2017||Guggenheim||Reiterated Rating||Buy||$90.00 -> $95.00||Low|
|7/22/2017||Goldman Sachs Group, Inc. (The)||Reiterated Rating||Neutral||$87.00 -> $94.00||Low|
|7/18/2017||William Blair||Reiterated Rating||Outperform||Low|
|6/29/2017||Instinet||Reiterated Rating||Neutral -> Underperform||$80.00 -> $80.00||Low|
|6/1/2017||BMO Capital Markets||Reiterated Rating||Hold||$84.00||High|
|4/27/2017||Nomura||Upgrade||Reduce -> Neutral||$63.00 -> $78.00||Low|
|4/24/2017||CIBC||Lower Price Target||Outperform||$97.00 -> $93.00||Low|
|4/22/2017||DA Davidson||Reiterated Rating||Neutral||$84.00 -> $85.00||Low|
|3/24/2017||Tigress Financial||Reiterated Rating||Neutral||Low|
|1/20/2017||Citigroup Inc.||Reiterated Rating||Buy||N/A|
|1/20/2017||JMP Securities||Reiterated Rating||Market Perform||N/A|
|1/17/2017||J P Morgan Chase & Co||Upgrade||Neutral -> Overweight||$76.00 -> $90.00||N/A|
|12/26/2016||Susquehanna Bancshares Inc||Reiterated Rating||Positive||N/A|
|12/23/2016||Pacific Crest||Reiterated Rating||Neutral||$75.00||N/A|
|10/15/2016||Evercore ISI||Reiterated Rating||Hold||N/A|
|9/9/2016||Atlantic Securities||Initiated Coverage||Underweight||$62.00||N/A|
|6/15/2016||Deutsche Bank AG||Reiterated Rating||Hold||N/A|
|4/21/2016||Macquarie||Boost Price Target||Underperform||$59.00 -> $60.00||N/A|
|3/8/2016||Stifel Nicolaus||Reiterated Rating||Hold||N/A|
|1/25/2016||Argus||Downgrade||Buy -> Hold||N/A|
|1/22/2016||Drexel Hamilton||Reiterated Rating||Buy||N/A|
|1/19/2016||Sandler O'Neill||Lower Price Target||Buy||$83.00 -> $77.00||N/A|
|11/9/2015||Topeka Capital Markets||Initiated Coverage||Hold||$76.00||N/A|
|10/22/2015||S&P Equity Research||Boost Price Target||Hold||$80.00 -> $81.00||N/A|
Earnings History for American Express Company (NYSE:AXP)Earnings History by Quarter for American Express Company (NYSE AXP)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|10/18/2017||Q3 2017||$1.47||$1.50||$8.31 billion||$8.44 billion||View||N/A|
|7/19/2017||Q2 2017||$1.44||$1.47||$8.20 billion||$8.31 billion||View||N/A|
|4/19/2017||Q1 2017||$1.28||$1.34||$7.76 billion||$7.89 billion||View||N/A|
|1/19/2017||Q416||$0.98||$0.91||$7.92 billion||$8.00 billion||View||N/A|
|10/19/2016||Q316||$0.96||$1.24||$7.70 billion||$7.80 billion||View||Listen|
|7/20/2016||Q216||$1.95||$2.10||$8.33 billion||$8.20 billion||View||Listen|
|4/20/2016||Q116||$1.35||$1.45||$8.08 billion||$8.09 billion||View||Listen|
|1/21/2016||Q415||$1.13||$1.23||$8.33 billion||$8.39 billion||View||N/A|
|10/21/2015||Q315||$1.31||$1.24||$8.32 billion||$8.20 billion||View||Listen|
|7/22/2015||Q215||$1.32||$1.42||$8.46 billion||$8.28 billion||View||Listen|
|4/16/2015||Q115||$1.37||$1.48||$8.23 billion||$7.95 billion||View||N/A|
|1/21/2015||Q414||$1.38||$1.39||$8.46 billion||$9.11 billion||View||N/A|
|10/15/2014||Q314||$1.36||$1.40||$8.37 billion||$8.33 billion||View||N/A|
|7/29/2014||Q214||$1.38||$1.47||$8.66 billion||$8.66 billion||View||N/A|
|4/16/2014||Q114||$1.30||$1.33||$8.36 billion||$8.20 billion||View||N/A|
|1/15/2014||Q413||$1.25||$1.25||$8.55 billion||$8.55 billion||View||N/A|
|10/16/2013||Q114||$1.22||$1.25||$8.22 billion||$8.30 billion||View||N/A|
|7/17/2013||Q2 2013||$1.22||$1.27||$8.32 billion||$8.25 billion||View||N/A|
|4/17/2013||Q1 2013||$1.13||$1.15||$8.05 billion||$7.88 billion||View||N/A|
|1/17/2013||Q4 2012||$1.06||$1.09||$8.12 billion||$8.10 billion||View||Listen|
Earnings Estimates for American Express Company (NYSE:AXP)
2017 EPS Consensus Estimate: $5.77
2018 EPS Consensus Estimate: $6.48
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for American Express Company (NYSE:AXP)
|Dividend Growth:||1.50% (3 Year Average)|
|Payout Ratio:||26.97% (Trailing 12 Months of Earnings) |
23.97% (Based on This Year's Estimates)
21.64% (Based on Next Year's Estimates)
|Track Record:||5 Years of Consecutive Dividend Growth|
Dividend History by Quarter for American Express Company (NYSE AXP)
(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 Express Company (NYSE:AXP)
Insider Ownership Percentage: 0.67%Insider Trades by Quarter for American Express Company (NYSE:AXP)
Institutional Ownership Percentage: 82.77%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|10/2/2017||James Peter Bush||Insider||Sell||10,230||$90.55||$926,326.50|| |
|9/7/2017||Susan Sobbott||Insider||Sell||6,000||$84.39||$506,340.00|| |
|7/31/2017||Anre D Williams||Insider||Sell||53,111||$85.24||$4,527,181.64|| |
|7/25/2017||Stephen J Squeri||Vice Chairman||Sell||94,792||$85.41||$8,096,184.72|| |
|7/24/2017||Kenneth I Chenault||CEO||Sell||789,503||$84.62||$66,807,743.86|| |
|7/21/2017||Paul D. Fabara||Insider||Sell||5,981||$85.88||$513,648.28|| |
|5/24/2017||Marc D. Gordon||EVP||Sell||4,900||$76.98||$377,202.00|| |
|4/28/2017||Douglas E Buckminster||Insider||Sell||3,000||$79.24||$237,720.00|| |
|4/25/2017||Douglas E Buckminster||Insider||Sell||46,950||$80.78||$3,792,621.00|| |
|2/22/2017||John Joseph Brennan||Director||Buy||4,000||$79.74||$318,960.00|| |
|2/6/2017||L Kevin Cox||Insider||Sell||32,726||$77.93||$2,550,337.18|| |
|1/25/2017||L Kevin Cox||Insider||Sell||77,006||$78.01||$6,007,238.06|| |
|1/10/2017||L Kevin Cox||Insider||Sell||54,574||$78.00||$4,256,772.00|| |
|12/1/2016||L Kevin Cox||Insider||Sell||52,902||$72.30||$3,824,814.60|| |
|11/14/2016||Ashwini Gupta||Insider||Sell||146,030||$72.28||$10,555,048.40|| |
|11/11/2016||Susan Sobbott||Insider||Sell||19,186||$70.45||$1,351,653.70|| |
|10/21/2016||Ashwini Gupta||Insider||Sell||140,808||$67.18||$9,459,481.44|| |
|5/25/2016||Susan Sobbott||Insider||Sell||14,682||$65.50||$961,671.00|| |
|5/24/2016||Michael John O'neill||EVP||Sell||51,690||$64.95||$3,357,265.50|| |
|5/19/2016||Kenneth I Chenault||CEO||Sell||838,968||$62.65||$52,561,345.20|| |
|4/22/2016||Linda Zukauckas||EVP||Sell||2,547||$66.08||$168,305.76|| |
|1/26/2016||Ronald A Williams||Director||Buy||18,040||$55.51||$1,001,400.40|| |
|11/11/2015||Douglas E. Buckminster||insider||Sell||46,345||$72.85||$3,376,233.25|| |
|5/26/2015||Neal J Sample||Insider||Sell||4,317||$80.74||$348,554.58|| |
|5/20/2015||Ronald A Williams||Director||Buy||13,585||$80.98||$1,100,113.30|| |
|5/18/2015||Kenneth I Chenault||CEO||Sell||769,000||$80.07||$61,573,830.00|| |
|3/2/2015||Linda Zukauckas||EVP||Sell||4,000||$81.59||$326,360.00|| |
|2/26/2015||Jeffrey C Campbell||CFO||Buy||25,000||$83.21||$2,080,250.00|| |
|2/26/2015||Josh Silverman||Insider||Sell||36,069||$82.89||$2,989,759.41|| |
|8/29/2014||James Peter Bush||EVP||Sell||86,812||$89.22||$7,745,366.64|| |
|8/28/2014||Susan Sobbott||Insider||Sell||41,844||$89.17||$3,731,229.48|| |
|8/6/2014||Edward P Gilligan||Insider||Sell||357,142||$86.24||$30,799,926.08|| |
|8/5/2014||L Kevin Cox||Insider||Sell||62,500||$86.73||$5,420,625.00|| |
|5/29/2014||John D Hayes||EVP||Sell||39,265||$91.16||$3,579,397.40|| |
|3/6/2014||James Peter Bush||EVP||Sell||75,000||$93.31||$6,998,250.00|| |
|3/3/2014||Douglas Buckminster||Insider||Sell||40,000||$89.56||$3,582,400.00|| |
|2/28/2014||Thomas Schick||EVP||Sell||230,000||$91.25||$20,987,500.00|| |
|2/26/2014||Kenneth Chenault||CEO||Sell||756,223||$89.68||$67,818,078.64|| |
|2/6/2014||Daniel Schulman||Insider||Sell||77,466||$85.20||$6,600,103.20|| |
|1/22/2014||John Hayes||EVP||Sell||159,370||$90.88||$14,483,545.60|| |
|12/5/2013||Vernon Jordan, Jr.||Insider||Sell||46,943||$84.41||$3,962,458.63|| |
|12/3/2013||Ashwini Gupta||Insider||Sell||102,500||$84.37||$8,647,925.00|| |
|11/1/2013||William H Glenn||Insider||Sell||119,845||$81.89||$9,814,107.05|| |
|10/21/2013||Stephen J Squeri||Insider||Sell||103,046||$80.45||$8,290,050.70|| |
|10/18/2013||L Kevin Cox||Insider||Sell||66,737||$79.99||$5,338,292.63|| |
|10/18/2013||Louise M Parent||EVP||Sell||130,000||$79.64||$10,353,200.00|| |
|6/5/2013||Douglas E Buckminster||Insider||Sell||91,160||$74.96||$6,833,353.60|| |
|6/3/2013||Edward P Gilligan||Insider||Sell||415,646||$76.04||$31,605,721.84|| |
|5/30/2013||Kenneth I Chenault||CEO||Sell||471,808||$76.36||$36,027,258.88|| |
|5/23/2013||Daniel T Henry||CFO||Sell||155,869||$74.56||$11,621,592.64|| |
|5/22/2013||John D Hayes||EVP||Sell||182,350||$75.71||$13,805,718.50|| |
|5/9/2013||James Peter Bush||EVP||Sell||67,387||$69.93||$4,712,372.91|| |
Headline Trends for American Express Company (NYSE:AXP)
Latest Headlines for American Express Company (NYSE:AXP)
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American Express Company (AXP) Chart for Sunday, October, 22, 2017