American Express Company Company Profile (NYSE:AXP)

American Express Company trades on the New York Stock Exchange (NYSE) under the ticker symbol "AXP."

American Express Company declared a quarterly dividend on Monday, May 1st. Stockholders of record on Friday, July 7th will be paid a dividend of $0.32 per share on Thursday, August 10th. This represents a $1.28 dividend on an annualized basis and a dividend yield of 1.50%. The ex-dividend date of this dividend is Wednesday, July 5th. View American Express Company's Dividend History.

American Express Company announced that its Board of Directors has approved a share repurchase program on Thursday, June 29th 2017, which authorizes the company to buyback $4,400,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to reacquire up to 5.9% of its stock through open market purchases. Stock buyback programs are often an indication that the company's leadership believes its stock is undervalued.

American Express Company (NYSE:AXP) posted its quarterly earnings results on Wednesday, July, 19th. The company reported $1.47 earnings per share for the quarter, topping the Zacks' consensus estimate of $1.44 by $0.03. The company had revenue of $8.31 billion for the quarter, compared to analysts' expectations of $8.20 billion. American Express Company had a return on equity of 21.94% and a net margin of 14.11%. The firm's quarterly revenue was up .9% on a year-over-year basis. During the same quarter in the previous year, the company posted $2.10 earnings per share. View American Express Company's Earnings History.

American Express Company is scheduled to release their next quarterly earnings announcement on Tuesday, October, 17th 2017. View Earnings Estimates for American Express Company.

American Express Company updated its FY17 earnings guidance on Wednesday, July, 19th. The company provided earnings per share guidance of $5.60-5.80 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $5.70.

27 equities research analysts have issued 12 month price objectives for American Express Company's stock. Their forecasts range from $60.00 to $100.00. On average, they expect American Express Company's share price to reach $84.33 in the next year. View Analyst Ratings for American Express Company.

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

• 1. According to Zacks Investment Research, "American Express’ shares have gained 41% in last one year that has outpaced the Zacks categorized Miscellaneous Services industry’s gain of 27%. The company remains well poised for growth on the back of its solid market position, strength in card business and significant opportunities from the secular shift toward electronic payments. However, the company’s earnings per share missed the Zacks Consensus Estimate mainly due to mounting loan loss provisions. Although the company expects EPS for 2017 in the range of $5.60–$5.80 reflecting an increase from its prior guidance of at least $5.60 per share, increase in provision for losses might uncertain the scenario. Moreover, a strong U.S. dollar, loss of Costco as a client and intense competition remain major near-term concerns." (3/2/2017)
• 2. Credit Suisse Group analysts commented, "We note that the 12.3% y/y growth rate is a deceleration from last month’s 13.8% growth rate by 151 bps, and the only other m/m deceleration in balance growth YTD was in March (by 25 bps to 11.6% y/y growth). This deceleration could be attributable at least in part to success by Citi, post its launch of the Costco card, in attracting spend from former Amex-Costco cardholders. Amex shows strong credit quality with stable adjusted delinquencies of 1.0% and stable adj loss rates of 1.4%. U.S. Small Business ended the month with $8.8Bn loans, growing 15.9% y/y, a 35 bps acceleration from last month’s rate. Adjusted net losses were 1.4% (up 20 bps m/m). Dollar net losses were $11.7MM in the month, up 8% from July. 30+ day delinquencies were stable at 1.0%. Bottom Line: USCS and U.S. Small Business are both growing rapidly and credit also appears stable. Earlier we wrote that about half of the incremental growth seen in Amex’s Consumer card loans was a result of excluding slower-growing Costco card balances, while winning over former Costco cardholders with attractive sign-up cash bonuses resulted in acceleration. Now it appears that competitive factors are eroding the acceleration seen in the first half of 2016 as spending and balances shift to other attractive cards, such as the Citi Costco card." (9/16/2016)

Some companies that are related to American Express Company include Royal Bank Of Canada (RY), Banco Santander, S.A. (SAN), Toronto Dominion Bank (The) (TD), Allianz SE (AZSEY), BNP Paribas SA (BNPQY), China Life Insurance Company Limited (LFC), Goldman Sachs Group, Inc. (The) (GS), U.S. Bancorp (USB), Westpac Banking Corporation (WBK), Morgan Stanley (MS), Mitsubishi UFJ Financial Group (MTU), Itau Unibanco Banco Holding SA (ITUB), Bank of Nova Scotia (The) (BNS), Lloyds Banking Group PLC (LYG), ING Group, N.V. (ING), Axa SA (AXAHY), Australia & New Zealand Banking Group (ANZBY) and BlackRock (BLK).

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

American Express Company's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Fisher Asset Management LLC (1.26%), APG Asset Management N.V. (0.29%), Beutel Goodman & Co Ltd. (0.26%), Tesco Pension Investment Ltd (0.20%), Focused Investors LLC (0.18%) and Bank of Montreal Can (0.18%). Company insiders that own American Express Company stock include Ashwini Gupta, Douglas E Buckminster, John Joseph Brennan, Kenneth I Chenault, L Kevin Cox, Linda Zukauckas, Marc D Gordon, Michael John O'neill, Paul D Fabara, Ronald A Williams and Susan Sobbott. View Institutional Ownership Trends for American Express Company.

American Express Company's stock was sold by a variety of institutional investors in the last quarter, including Hexavest Inc., Focused Investors LLC, Waverton Investment Management Ltd, Strs Ohio, ING Groep NV, State Treasurer State of Michigan, Affinity Investment Advisors LLC and First Quadrant L P CA. Company insiders that have sold American Express Company stock in the last year include Ashwini Gupta, Douglas E Buckminster, Kenneth I Chenault, L Kevin Cox, Marc D Gordon, Paul D Fabara and Susan Sobbott. View Insider Buying and Selling for American Express Company.

American Express Company's stock was bought by a variety of institutional investors in the last quarter, including Fisher Asset Management LLC, Bank of Montreal Can, Marathon Asset Management LLP, Beutel Goodman & Co Ltd., Mn Services Vermogensbeheer B.V., Tesco Pension Investment Ltd, Adams Diversified Equity Fund Inc. and Meeder Asset Management Inc.. 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.

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.

One share of American Express Company stock can currently be purchased for approximately $85.30.