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 twelve months. 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 brokerages have issued 1 year target prices for American Express' stock. Their AXP share price forecasts range from $146.00 to $215.00. On average, they anticipate the company's stock price to reach $181.53 in the next twelve months. This suggests a possible upside of 26.9% from the stock's current price.
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American Express' stock was trading at $163.60 at the beginning of the year. Since then, AXP stock has decreased by 12.5% and is now trading at $143.09.
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American Express saw a increase in short interest in 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 trading volume, of 3,360,000 shares, the short-interest ratio is currently 2.7 days. Currently, 1.2% of the shares of the stock 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) released its quarterly earnings results on Friday, July, 22nd. The payment services company reported $2.57 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.37 by $0.20. The payment services company earned $13.40 billion during the quarter, compared to analysts' expectations of $12.54 billion. American Express had a net margin of 15.69% and a trailing twelve-month return on equity of 32.81%. The company's revenue for the quarter was up 30.8% compared to the same quarter last year. During the same period in the prior year, the company posted $2.80 EPS.
Read the conference call transcript.

American Express announced a quarterly dividend on Wednesday, September 28th. Shareholders 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 annualized dividend and a yield of 1.45%. The ex-dividend date 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 1.49%. 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 issued an update on its FY 2022 earnings guidance on Friday, July, 29th. The company provided earnings per share guidance of $9.25-$9.65 for the period, compared to the consensus 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 many different institutional and retail investors. Top institutional shareholders include Cacti Asset Management LLC (0.06%), Neville Rodie & Shaw Inc. (0.01%), First Hawaiian Bank (0.00%), Park National Corp OH (0.00%), Private Asset Management Inc. (0.00%) and Csenge Advisory Group (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.
View institutional ownership trends.

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 $143.09.

American Express (NYSE:AXP) has a market capitalization of $107.28 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.