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 has a strategic partnership with PayPal Holdings, Inc. to improve the digital payments experience for the United States American Express Card members paying with PayPal and Venmo. The company was founded in 1850 and is headquartered in New York, New York.
Industry, Sector and Symbol
Industry Nondepository credit institutions
Sub-IndustryConsumer Finance
SectorFinance
Phone212-640-2000
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$40.34 billion
Profitability
Miscellaneous
Employees55,000
OptionableOptionable
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, November 27th. Shareholders of record on Friday, January 4th will be paid a dividend of $0.39 per share on Friday, February 8th. This represents a $1.56 dividend on an annualized basis and a yield of 1.56%. The ex-dividend date of this dividend is Thursday, January 3rd. View American Express' Dividend History.
How will American Express' stock buyback program work?
American Express declared that its Board of Directors has approved a stock repurchase program on Thursday, June 28th 2018, which permits the company to repurchase $3,400,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to repurchase 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 stock is undervalued.
How were American Express' earnings last quarter?
American Express (NYSE:AXP) issued its earnings results on Thursday, January, 17th. The payment services company reported $1.74 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.80 by $0.06. The payment services company earned $10.47 billion during the quarter, compared to the consensus estimate of $10.54 billion. American Express had a net margin of 17.08% and a return on equity of 30.45%. American Express's quarterly revenue was up 7.9% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.58 earnings per share. 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 updated its FY19 earnings guidance on Thursday, January, 17th. The company provided EPS guidance of $7.83-8.35 for the period, compared to the Thomson Reuters consensus estimate of $8.12. The company issued revenue guidance of +8-10% (Approx $43.5-44.9 billion), compared to the consensus revenue estimate of $43.46 billion.American Express also updated its FY 2019 guidance to $7.85-8.35 EPS.
What price target have analysts set for AXP?
20 Wall Street analysts have issued 12 month price objectives for American Express' shares. Their forecasts range from $87.00 to $131.00. On average, they anticipate American Express' stock price to reach $110.8889 in the next twelve months. This suggests a possible upside of 11.1% from the stock's current price. View Analyst Price Targets for American Express.
What is the consensus analysts' recommendation for American Express?
20 Wall Street analysts have issued "buy," "hold," and "sell" ratings for American Express in the last year. There are currently 1 sell rating, 8 hold ratings and 11 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for American Express.
Has American Express been receiving favorable news coverage?
Media coverage about AXP stock has been trending very positive recently, InfoTrie Sentiment reports. The research group identifies negative and positive news coverage by reviewing more than six thousand news and blog 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 3.2 on InfoTrie's scale. They also gave headlines about the payment services company a news buzz of 4.0 out of 10, meaning that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the near future.
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), HARGREAVES LANS/ADR (HRGLY), Ally Financial (ALLY), SBI (SBHGF), Green Dot (GDOT), 360 Finance (QFIN), Qudian (QD), LexinFintech (LX), Walker & Dunlop (WD), Blucora (BCOR), Mr. Cooper Group (COOP), X Financial (XYF) and Yirendai (YRD).
Who are American Express' key executives?
American Express' management team includes the folowing people:
- Mr. Stephen Joseph Squeri, Chairman & CEO (Age 59)
- Mr. Jeffrey C. Campbell, Exec. VP & CFO (Age 58)
- Ms. Laureen E. Seeger, Exec. VP & Gen. Counsel (Age 57)
- Mr. Douglas E. Buckminster, Group Pres of Global Consumer Services (Age 58)
- Mr. Richard Petrino, Exec. VP, Corp. Controller & Principal Accounting Officer (Age 51)
Who are American Express' major shareholders?
American Express' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Bank of Montreal Can (0.39%), Cornerstone Investment Partners LLC (0.09%), Douglas Lane & Associates LLC (0.07%), BTIM Corp. (0.06%), Atalanta Sosnoff Capital LLC (0.06%) and Hexavest Inc. (0.05%). 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, Scott Murcray, Stephen J Squeri, Susan Sobbott, Ventures Fund Vii LP Vivo and Zita Peach. View Institutional Ownership Trends for American Express.
Which major investors are selling American Express stock?
AXP stock was sold by a variety of institutional investors in the last quarter, including Confluence Investment Management LLC, Gulf International Bank UK Ltd, Cornerstone Investment Partners LLC, Park National Corp OH, Hexavest Inc., Clarkston Capital Partners LLC, Nisa Investment Advisors LLC and Oakbrook Investments LLC. Company insiders that have sold American Express company stock in the last year include Douglas E Buckminster, James Peter Bush, Jeffrey C Campbell, L Kevin Cox, Marc D Gordon, Richard Petrino and Stephen J Squeri. View Insider Buying and Selling for American Express.
Which major investors are buying American Express stock?
AXP stock was acquired by a variety of institutional investors in the last quarter, including Atalanta Sosnoff Capital LLC, Bank of Montreal Can, American National Bank, Granite Investment Advisors LLC, Bell Asset Management Ltd, Highland Capital Management LLC, Douglas Lane & Associates LLC and State of Alaska Department of Revenue. Company insiders that have bought American Express stock in the last two years include John Joseph Brennan, Scott Murcray, Ventures Fund Vii LP Vivo 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 $99.78.
How big of a company is American Express?
American Express has a market capitalization of $85.24 billion and generates $40.34 billion in revenue each year. The payment services company earns $6.92 billion in net income (profit) each year or $7.33 on an earnings per share basis. American Express employs 55,000 workers across the globe.
What is American Express' official website?
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.
