NYSE:AXPAmerican Express Stock Price, Forecast & News

American Express' stock was trading at $95.38 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, AXP stock has decreased by 1.0% and is now trading at $94.39. View which stocks have been most impacted by Coronavirus.

17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for American Express in the last year. There are currently 1 sell rating, 7 hold ratings and 9 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for American Express.

American Express is scheduled to release its next quarterly earnings announcement on Friday, July 17th 2020. View our earnings forecast for American Express.

American Express (NYSE:AXP) issued its quarterly earnings results on Friday, April, 24th. The payment services company reported $1.98 earnings per share for the quarter, topping the Zacks' consensus estimate of $1.69 by $0.29. The payment services company earned $10.31 billion during the quarter, compared to analysts' expectations of $10.67 billion. American Express had a return on equity of 30.21% and a net margin of 12.74%. The company's revenue was down .5% on a year-over-year basis. During the same period in the prior year, the business earned $2.01 EPS. View American Express' earnings history.

American Express declared a quarterly dividend on Thursday, May 7th. Shareholders of record on Thursday, July 2nd will be given a dividend of $0.43 per share on Monday, August 10th. This represents a $1.72 dividend on an annualized basis and a yield of 1.82%. The ex-dividend date of this dividend is Wednesday, July 1st. View American Express' dividend history.

American Express declared that its Board of Directors has authorized a stock buyback plan on Thursday, June 28th 2018, which allows the company to buyback $3,400,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to buy up to 4.1% of its shares through open market purchases. Shares buyback plans are typically a sign that the company's board believes its shares are undervalued.

American Express updated its first quarter earnings guidance on Tuesday, March, 17th. The company provided EPS guidance of $1.90-2.10 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.15. The company issued revenue guidance of +2-4% (implying $10.57-10.78 billion), compared to the consensus revenue estimate of $11.19 billion.

17 brokerages have issued 1-year price objectives for American Express' shares. Their forecasts range from $85.00 to $130.00. On average, they expect American Express' share price to reach $108.24 in the next twelve months. This suggests a possible upside of 14.7% from the stock's current price. View analysts' price targets for American Express.

News headlines about AXP stock have trended extremely negative this week, according to InfoTrie Sentiment. The research group identifies negative and positive press coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. American Express earned a media sentiment score of -5.0 on InfoTrie's scale. They also gave media coverage about the payment services company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the next few days. View the latest news aboutAmerican Express.

American Express saw a increase in short interest in May. As of May 15th, there was short interest totaling 11,910,000 shares, an increase of 6.4% from the April 30th total of 11,190,000 shares. Based on an average daily volume of 7,490,000 shares, the days-to-cover ratio is currently 1.6 days. Approximately 1.5% of the shares of the stock are short sold. View American Express' Current Options Chain.

Some companies that are related to American Express include Capital One Financial (COF), Discover Financial Services (DFS), Credit Acceptance (CACC), FirstCash (FCFS), SLM (SLM), Green Dot (GDOT), Nelnet (NNI), Pra Group (PRAA), Encore Capital Group (ECPG), World Acceptance (WRLD), EZCORP (EZPW), Regional Management (RM), Asta Funding (ASFI) and Nicholas Financial (NICK). View all competitors.

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), Bank of America (BAC), NVIDIA (NVDA), Cisco Systems (CSCO), Johnson & Johnson (JNJ) and Exxon Mobil (XOM).

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

American Express' stock is owned by many different retail and institutional investors. Top institutional investors include BlackRock Inc. (5.33%), Wellington Management Group LLP (4.50%), State Street Corp (4.24%), Fisher Asset Management LLC (1.74%), Massachusetts Financial Services Co. MA (1.33%) and Longview Partners Guernsey LTD (1.18%). Company insiders that own American Express stock include Denise Pickett, Douglas E Buckminster, Jeffrey C Campbell, Laureen Seeger, Marc D Gordon, Michael John O'neill, Paul D Fabara, Raymond Joabar, Richard Petrino, Scott Murcray, Stephen J Squeri, Theodore Leonsis and Ventures Fund Vii LP Vivo. View institutional ownership trends for American Express.

AXP stock was sold by a variety of institutional investors in the last quarter, including Parnassus Investments CA, State Street Corp, Tesco Pension Investment Ltd, Janus Henderson Group PLC, Capital Wealth Planning LLC, Magellan Asset Management Ltd, First Eagle Investment Management LLC, and Federated Hermes Inc.. Company insiders that have sold American Express company stock in the last year include Denise Pickett, Jeffrey C Campbell, Laureen Seeger, Paul D Fabara, Raymond Joabar, Richard Petrino, Stephen J Squeri, and Theodore Leonsis. View insider buying and selling activity for American Express.

AXP stock was acquired by a variety of institutional investors in the last quarter, including Longview Partners Guernsey LTD, Wellington Management Group LLP, Viking Global Investors LP, APG Asset Management N.V., Morgan Stanley, Maj Invest Holding A S, Nuveen Asset Management LLC, and Capital Research Global Investors. Company insiders that have bought American Express stock in the last two years include Scott Murcray, and Ventures Fund Vii LP Vivo. View insider buying and selling activity for American Express.

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

One share of AXP stock can currently be purchased for approximately $94.39.

American Express has a market capitalization of $75.98 billion and generates $43.56 billion in revenue each year. The payment services company earns $6.76 billion in net income (profit) each year or $8.20 on an earnings per share basis. American Express employs 64,000 workers across the globe.

The official website for American Express is www.americanexpress.com.

American Express' mailing address is 200 VESEY STREET, NEW YORK NY, 10285. The payment services company can be reached via phone at 212-640-2000 or via email at [email protected]