American Express - AXP Stock Forecast, Price & News

17 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for American Express in the last year. There are currently 1 sell rating, 8 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street research 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.
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17 Wall Street research analysts have issued 1 year price objectives for American Express' shares. Their AXP share price forecasts range from $146.00 to $215.00. On average, they anticipate the company's share price to reach $181.53 in the next year. This suggests a possible upside of 25.1% from the stock's current price.
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American Express' stock was trading at $163.60 on January 1st, 2022. Since then, AXP shares have decreased by 11.3% and is now trading at $145.08.
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American Express saw a increase in short interest in the month of August. As of August 31st, there was short interest totaling 9,170,000 shares, an increase of 16.5% from the August 15th total of 7,870,000 shares. Based on an average daily volume of 3,360,000 shares, the short-interest ratio is currently 2.7 days. Approximately 1.2% of the company's shares are sold short.
View American Express' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Friday, October 21st 2022.
View our AXP earnings forecast.

American Express will be holding an earnings conference call on Friday, October 21st at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link.

American Express (NYSE:AXP) issued its quarterly earnings data on Friday, July, 22nd. The payment services company reported $2.57 earnings per share for the quarter, beating the consensus estimate of $2.37 by $0.20. The payment services company had revenue of $13.40 billion for the quarter, compared to the consensus estimate of $12.54 billion. American Express had a trailing twelve-month return on equity of 32.81% and a net margin of 15.69%. The business's revenue was up 30.8% compared to the same quarter last year. During the same period last year, the firm posted $2.80 earnings per share.
Read the conference call transcript.

American Express announced a quarterly dividend on Wednesday, September 28th. Stockholders of record on Friday, October 14th will be given a dividend of $0.52 per share on Thursday, November 10th. This represents a $2.08 dividend on an annualized basis and a yield of 1.43%. The ex-dividend date of this dividend is Thursday, October 13th.
Read our dividend analysis for AXP.

American Express (NYSE:AXP) pays an annual dividend of $2.08 per share and currently has a dividend yield of 1.54%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 21.33%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, AXP will have a dividend payout ratio of 18.17% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for AXP.

American Express updated its FY 2022 earnings guidance on Friday, July, 29th. The company provided EPS guidance of $9.25-$9.65 for the period, compared to the consensus earnings per share estimate of $9.83. The company issued revenue guidance of $52.13 billion-$52.98 billion, compared to the consensus revenue estimate of $50.53 billion.

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.

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).

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

American Express' stock is owned by a number of retail and institutional investors. Top institutional investors include Cacti Asset Management LLC (0.06%), Neville Rodie & Shaw Inc. (0.01%), Park National Corp OH (0.00%), Symmetry Partners LLC (0.00%) and Wedmont Private Capital (0.00%). Insiders that own company stock include Anna Marrs, Anre D Williams, Denise Pickett, Douglas E Buckminster, Jeffrey C Campbell, Laureen Seeger, Marc D Gordon, Quinn Jessica Lieberman, Raymond Joabar, Richard Petrino, Scott Kessler, Stephen J Squeri and Theodore Leonsis.
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Shares of AXP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of AXP stock can currently be purchased for approximately $145.08.

American Express (NYSE:AXP) has a market capitalization of $108.77 billion and generates $42.38 billion in revenue each year. The payment services company earns $8.06 billion in net income (profit) each year or $9.75 on an earnings per share basis.

The company employs 64,000 workers across the globe.

American Express' mailing address is 200 VESEY STREET, NEW YORK NY, 10285. The official website for the company is www.americanexpress.com. The payment services company can be reached via phone at (212) 640-2000, via email at ir@aexp.com, or via fax at 212-640-0404.