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: $78.1438 billion
- Outstanding Shares: 883,979,000
- 50 Day Moving Avg: $85.80
- 200 Day Moving Avg: $81.62
- 52 Week Range: $59.50 - $89.38
Sales & Book Value:
- Trailing P/E Ratio: 18.13
- Foreward P/E Ratio: 13.75
- P/E Growth: 1.34
- Annual Revenue: $29.48 billion
- Price / Sales: 2.64
- Book Value: $23.93 per share
- Price / Book: 3.68
- Annual Dividend: $1.28
- Dividend Yield: 1.5%
- Net Margins: 14.11%
- Return on Equity: 21.90%
- Return on Assets: 2.86%
- Debt-to-Equity Ratio: 2.45%
- Current Ratio: 1.96%
- Quick Ratio: 1.96%
- Average Volume: 3.27 million shs.
- Beta: 1.18
- 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 announced a quarterly dividend on Monday, May 1st. Shareholders of record on Friday, July 7th will be given a dividend of $0.32 per share on Thursday, August 10th. This represents a $1.28 dividend on an annualized basis and a yield of 1.45%. The ex-dividend date of this dividend is Wednesday, July 5th. 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 program on Thursday, June 29th 2017, which allows the company to repurchase $4,400,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to buy up to 5.9% of its stock through open market purchases. Stock repurchase programs are typically an indication that the company's management believes its shares are undervalued.
How were American Express Company's earnings last quarter?
American Express Company (NYSE:AXP) posted its earnings results on Wednesday, July, 19th. The company reported $1.47 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $1.44 by $0.03. The company had revenue of $8.31 billion for the quarter, compared to the consensus estimate of $8.20 billion. American Express Company had a net margin of 14.11% and a return on equity of 21.90%. American Express Company's revenue was up .9% compared to the same quarter last year. During the same quarter last year, the company earned $2.10 earnings per share. 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 issued an update on its FY17 earnings guidance on Wednesday, July, 19th. The company provided EPS guidance of $5.60-5.80 for the period, compared to the Thomson Reuters consensus estimate of $5.70.
Where is American Express Company's stock going? Where will American Express Company's stock price be in 2017?
27 brokerages have issued twelve-month price targets for American Express Company's stock. Their forecasts range from $60.00 to $100.00. On average, they expect American Express Company's stock price to reach $85.81 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), U.S. Bancorp (USB), Goldman Sachs Group, Inc. (The) (GS), Itau Unibanco Banco Holding SA (ITUB), Morgan Stanley (MS), Westpac Banking Corporation (WBK), Mitsubishi UFJ Financial Group (MTU), China Life Insurance Company Limited (LFC), Bank of Nova Scotia (The) (BNS), Banco Bradesco SA (BBD), BlackRock (BLK), Australia & New Zealand Banking Group (ANZBY), ING Group, N.V. (ING), D/B/A Chubb Limited New (CB) and National Australia Bank (NABZY).
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 many different of retail and institutional investors. Top institutional investors include Berkshire Hathaway Inc. (17.15%), Vanguard Group Inc. (5.68%), BlackRock Inc. (5.06%), State Street Corp (4.48%), Dodge & Cox (3.14%) and First Eagle Investment Management LLC (1.85%). Company insiders that own American Express Company stock include Anre D Williams, 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, 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 State Street Corp, Bank of New York Mellon Corp, Hexavest Inc., Davis Selected Advisers, Schroder Investment Management Group, Focused Investors LLC, Dodge & Cox and Los Angeles Capital Management & Equity Research Inc.. Company insiders that have sold American Express Company stock in the last year include Anre D Williams, Ashwini Gupta, Douglas E Buckminster, 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 Veritas Asset Management LLP, Renaissance Technologies LLC, Canada Pension Plan Investment Board, Arrowstreet Capital Limited Partnership, Janus Henderson Group PLC, Boston Partners, Nordea Investment Management AB and Holowesko Partners Ltd.. 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 $88.15.
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, 10 Buy Ratings|
|Consensus Rating:||Hold (Score: 2.26)|
|Consensus Price Target: ||$85.81 (2.66% downside)|
Analysts' Ratings History for American Express Company (NYSE:AXP)
(Data available from 9/26/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|9/8/2017||Morgan Stanley||Lower Price Target||Equal Weight||$90.00 -> $89.00||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||Jefferies Group LLC||Reiterated Rating||Hold||$85.00||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|
|7/20/2017||Barclays PLC||Reiterated Rating||Buy||$83.00||Low|
|7/19/2017||Credit Suisse Group||Reiterated Rating||Sell||Medium|
|7/18/2017||William Blair||Reiterated Rating||Outperform||Low|
|6/29/2017||Instinet||Reiterated Rating||Neutral -> Underperform||$80.00 -> $80.00||Low|
|6/20/2017||Stephens||Upgrade||Underweight -> Equal Weight||$70.00 -> $82.00||Low|
|6/1/2017||BMO Capital Markets||Reiterated Rating||Hold||$84.00||High|
|5/21/2017||Wells Fargo & Company||Reiterated Rating||Market Perform||$80.00||Low|
|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|
|4/21/2017||Oppenheimer Holdings, Inc.||Reiterated Rating||Outperform||$97.00 -> $93.00||Low|
|4/22/2017||DA Davidson||Reiterated Rating||Neutral||$84.00 -> $85.00||Low|
|4/22/2017||Piper Jaffray Companies||Reiterated Rating||Neutral||$82.00 -> $83.00||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|
|1/10/2017||Bank of America Corporation||Boost Price Target||Buy -> Market Perform||$75.86 -> $98.00||N/A|
|1/6/2017||Royal Bank Of Canada||Reiterated Rating||Sell||$60.00||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|
|4/21/2016||Compass Point||Boost Price Target||Buy||$69.00 -> $74.00||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|
|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: $5.67
2018 EPS Consensus Estimate: $6.37
(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)
|Most Recent Dividend:||8/10/2017|
|Dividend Growth:||1.50% (3 Year Average)|
|Payout Ratio:||26.18% (Trailing 12 Months of Earnings) |
22.30% (Based on This Year's Estimates)
19.97% (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|
|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)
American Express Company (AXP) Chart for Tuesday, September, 26, 2017