NYSE:AXPAmerican Express Stock Price, Forecast & News

American Express' stock was trading at $95.38 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, AXP stock has increased by 2.8% and is now trading at $98.06. 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) released its quarterly earnings results on Friday, April, 24th. The payment services company reported $1.98 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $1.69 by $0.29. The payment services company had revenue of $10.31 billion for the quarter, compared to analyst estimates of $10.67 billion. American Express had a return on equity of 30.21% and a net margin of 12.74%. American Express's revenue for the quarter was down .5% on a year-over-year basis. During the same quarter last year, the company posted $2.01 earnings per share. View American Express' earnings history.

American Express declared a quarterly dividend on Thursday, May 7th. Stockholders of record on Thursday, July 2nd will be paid 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 1.75%. The ex-dividend date is Wednesday, July 1st. View American Express' dividend history.

American Express declared that its board has authorized a stock buyback plan on Thursday, June 28th 2018, which permits the company to repurchase $3,400,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to repurchase up to 4.1% of its shares through open market purchases. Shares repurchase plans are usually an indication that the company's board of directors believes its stock is undervalued.

American Express issued an update on its first quarter earnings guidance on Tuesday, March, 17th. The company provided earnings per share (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 analysts have issued 12 month price targets 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 year. This suggests a possible upside of 10.4% from the stock's current price. View analysts' price targets for American Express.

Media stories about AXP stock have been trending positive this week, InfoTrie Sentiment reports. The research firm identifies negative and positive news coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. American Express earned a coverage optimism score of 2.2 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 news coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View the latest news aboutAmerican Express.

American Express saw a increase in short interest during the month of 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 trading volume of 7,490,000 shares, the days-to-cover ratio is presently 1.6 days. Currently, 1.5% of the shares of the stock are sold short. 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), Nelnet (NNI), Green Dot (GDOT), 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 a variety of retail and institutional investors. Top institutional shareholders 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 purchased 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 $98.06.

American Express has a market capitalization of $78.94 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]