American Express Company, together with its subsidiaries, provides charge and credit payment card products and travel-related services to consumers and businesses worldwide. It operates through four segments: U.S. Consumer Services, International Consumer and Network Services, Global Commercial Services, and Global Merchant Services. The company's products and services include charge and credit card products, as well as other payment and financing products; network services; expense management products and services; travel-related services; and stored value/prepaid products. Its products and services also comprise merchant acquisition and processing, servicing and settlement, merchant financing, point-of-sale marketing, and information products and services for merchants; and fraud prevention services, as well as the design and operation of customer loyalty programs. The company sells its products and services to consumers, small businesses, mid-sized companies, and large corporations through online applications, direct mail, in-house teams, third-party vendors, and direct response advertising. American Express Company was founded in 1850 and is headquartered in New York, New York.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Nondepository credit institutions
Sub-IndustryConsumer Finance
SectorFinance
SymbolNYSE:AXP
CUSIP02581610
Phone212-640-2000
Debt
Debt-to-Equity Ratio2.67
Current Ratio1.92
Quick Ratio1.92
Price-To-Earnings
Trailing P/E Ratio17.56
Forward P/E Ratio14.29
P/E Growth1.36
Sales & Book Value
Annual Sales$33.47 billion
Price / Sales2.67
Cash Flow$7.8069 per share
Price / Cash13.31
Book Value$21.00 per share
Price / Book4.95
Profitability
EPS (Most Recent Fiscal Year)$5.87
Net Income$2.74 billion
Net Margins9.23%
Return on Equity30.08%
Return on Assets3.36%
Miscellaneous
Employees55,000
Outstanding Shares861,050,000
Market Cap$87.47 billion
American Express (NYSE:AXP) Frequently Asked Questions
What is American Express' stock symbol?
American Express trades on the New York Stock Exchange (NYSE) under the ticker symbol "AXP."
How often does American Express pay dividends? What is the dividend yield for American Express?
American Express declared a quarterly dividend on Tuesday, May 8th. Shareholders of record on Friday, July 6th will be given a dividend of $0.35 per share on Friday, August 10th. This represents a $1.40 annualized dividend and a yield of 1.35%. The ex-dividend date of this dividend is Thursday, July 5th. View American Express' Dividend History.
How will American Express' stock buyback program work?
American Express announced that its Board of Directors has authorized a share repurchase program on Thursday, June 28th 2018, which allows the company to repurchase $3,400,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to buy up to 4.1% of its stock through open market purchases. Stock repurchase programs are usually an indication that the company's leadership believes its shares are undervalued.
How were American Express' earnings last quarter?
American Express (NYSE:AXP) posted its quarterly earnings results on Wednesday, July, 18th. The payment services company reported $1.84 EPS for the quarter, beating the consensus estimate of $1.83 by $0.01. The payment services company earned $10 billion during the quarter, compared to analysts' expectations of $10.05 billion. American Express had a net margin of 9.23% and a return on equity of 30.08%. The firm's quarterly revenue was up 9.0% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.47 EPS. View American Express' Earnings History.
When is American Express' next earnings date?
What guidance has American Express issued on next quarter's earnings?
American Express issued an update on its FY18 earnings guidance on Wednesday, July, 18th. The company provided earnings per share guidance of $6.90-7.30 for the period, compared to the Thomson Reuters consensus EPS estimate of $7.24.
What price target have analysts set for AXP?
26 brokerages have issued 1 year target prices for American Express' stock. Their forecasts range from $87.00 to $128.00. On average, they anticipate American Express' stock price to reach $108.6522 in the next twelve months. This suggests a possible upside of 4.6% from the stock's current price. View Analyst Price Targets for American Express.
What is the consensus analysts' recommendation for American Express?
26 Wall Street analysts have issued "buy," "hold," and "sell" ratings for American Express in the last year. There are currently 1 sell rating, 11 hold ratings and 14 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for American Express.
Who are some of American Express' key competitors?
Some companies that are related to American Express include Zurich Insurance Group (ZURVY), Synchrony Financial (SYF), CHINA MERCHANTS/ADR (CIHKY), Ally Financial (ALLY), SBI (SBHGF), Green Dot (GDOT), Blackhawk Network (HAWK), Qudian (QD), LexinFintech (LX), Walker & Dunlop (WD), BLUCORA INC Common Stock (BCOR), Wins Finance (WINS), Curo Group (CURO), Yirendai (YRD) and On Deck Capital (ONDK).
Who are American Express' key executives?
American Express' management team includes the folowing people:
- Mr. Stephen Joseph Squeri, Chairman & CEO (Age 58)
- Mr. Jeffrey C. Campbell, Exec. VP & CFO (Age 57)
- Ms. Laureen E. Seeger, Exec. VP & Gen. Counsel (Age 56)
- Mr. Douglas E. Buckminster, Group Pres of Global Consumer Services (Age 57)
- Mr. Richard Petrino, Exec. VP, Corp. Controller & Principal Accounting Officer (Age 50)
Has American Express been receiving favorable news coverage?
News stories about AXP stock have been trending somewhat positive recently, according to Accern Sentiment Analysis. The research firm identifies positive and negative media coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. American Express earned a news and rumor sentiment score of 0.13 on Accern's scale. They also assigned media headlines about the payment services company an impact score of 46.65 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company's share price in the next few days. View Recent Headlines for American Express.
Who are American Express' major shareholders?
American Express' stock is owned by a number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (5.13%), Massachusetts Financial Services Co. MA (1.96%), Veritas Asset Management LLP (1.22%), Fisher Asset Management LLC (1.18%), FMR LLC (1.11%) and Parnassus Investments CA (0.86%). Company insiders that own American Express stock include Anre D Williams, Ashwini Gupta, Douglas E Buckminster, James Peter Bush, Jeffrey C Campbell, John Joseph Brennan, Kenneth I Chenault, L Kevin Cox, Linda Zukauckas, Marc D Gordon, Michael John O'neill, Paul D Fabara, Richard Petrino, Stephen J Squeri, Susan Sobbott and Zita Peach. View Institutional Ownership Trends for American Express.
Which institutional investors are selling American Express stock?
AXP stock was sold by a variety of institutional investors in the last quarter, including Veritas Asset Management LLP, Morgan Stanley, CIBC Private Wealth Group LLC, Schroder Investment Management Group, Russell Investments Group Ltd., Legal & General Group Plc, Parnassus Investments CA and Caisse DE Depot ET Placement DU Quebec. Company insiders that have sold American Express company stock in the last year include Anre D Williams, Ashwini Gupta, Douglas E Buckminster, James Peter Bush, Jeffrey C Campbell, Kenneth I Chenault, L Kevin Cox, Linda Zukauckas, Michael John O'neill, Richard Petrino, Stephen J Squeri and Susan Sobbott. View Insider Buying and Selling for American Express.
Which institutional investors are buying American Express stock?
AXP stock was bought by a variety of institutional investors in the last quarter, including FMR LLC, Renaissance Technologies LLC, Millennium Management LLC, Advisors Asset Management Inc., BlackRock Inc., Natixis, Cornerstone Wealth Management LLC and Fisher Asset Management LLC. Company insiders that have bought American Express stock in the last two years include John Joseph Brennan and Zita Peach. View Insider Buying and Selling for American Express.
How do I buy shares of 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, Scottrade, Fidelity and Charles Schwab.
What is American Express' stock price today?
One share of AXP stock can currently be purchased for approximately $103.84.
How big of a company is American Express?
American Express has a market capitalization of $87.47 billion and generates $33.47 billion in revenue each year. The payment services company earns $2.74 billion in net income (profit) each year or $5.87 on an earnings per share basis. American Express employs 55,000 workers across the globe.
How can I contact American Express?
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]
MarketBeat Community Rating for American Express (NYSE AXP)
MarketBeat's community ratings are surveys of what our community members think about American Express and other stocks. Vote "Outperform" if you believe AXP will outperform the S&P 500 over the long term. Vote "Underperform" if you believe AXP will underperform the S&P 500 over the long term. You may vote once every thirty days.
