Seaport Res Ptn Cuts Earnings Estimates for American Express

American Express (NYSE:AXP) – Seaport Res Ptn decreased their Q1 2025 earnings per share (EPS) estimates for American Express in a research note issued to investors on Friday, March 14th. Seaport Res Ptn analyst W. Ryan now anticipates that the payment services company will post earnings per share of $3.50 for the quarter, down from their prior forecast of $3.60. The consensus estimate for American Express’ current full-year earnings is $15.33 per share. Seaport Res Ptn also issued estimates for American Express’ FY2026 earnings at $17.65 EPS.

AXP has been the subject of a number of other reports. UBS Group raised their price target on American Express from $283.00 to $320.00 and gave the stock a “neutral” rating in a report on Monday, January 13th. Royal Bank of Canada lifted their price objective on American Express from $330.00 to $350.00 and gave the company an “outperform” rating in a research note on Monday, January 27th. HSBC lifted their price objective on American Express from $270.00 to $294.00 and gave the company a “hold” rating in a research note on Friday, January 24th. Robert W. Baird raised American Express from an “underperform” rating to a “neutral” rating and set a $265.00 price objective for the company in a research note on Friday, March 14th. Finally, Citigroup lifted their price objective on American Express from $305.00 to $320.00 and gave the company a “neutral” rating in a research note on Tuesday, January 28th. Two analysts have rated the stock with a sell rating, sixteen have assigned a hold rating and nine have given a buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $303.52.

American Express Price Performance

American Express stock opened at $262.71 on Monday. American Express has a one year low of $214.51 and a one year high of $326.28. The business has a fifty day moving average price of $300.06 and a 200-day moving average price of $288.47. The company has a debt-to-equity ratio of 1.64, a current ratio of 1.58 and a quick ratio of 1.57. The firm has a market capitalization of $184.56 billion, a P/E ratio of 18.75, a PEG ratio of 1.41 and a beta of 1.21.

American Express (NYSE:AXP) last released its earnings results on Friday, January 24th. The payment services company reported $3.04 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.00 by $0.04. American Express had a return on equity of 32.65% and a net margin of 15.36%.

Institutional Trading of American Express

Several large investors have recently bought and sold shares of AXP. GSA Capital Partners LLP boosted its position in American Express by 4.2% during the 3rd quarter. GSA Capital Partners LLP now owns 2,655 shares of the payment services company’s stock valued at $720,000 after acquiring an additional 108 shares in the last quarter. Empowered Funds LLC boosted its position in American Express by 2.0% during the 3rd quarter. Empowered Funds LLC now owns 14,291 shares of the payment services company’s stock valued at $3,876,000 after acquiring an additional 281 shares in the last quarter. Turtle Creek Wealth Advisors LLC bought a new stake in American Express during the 3rd quarter valued at approximately $221,000. Accredited Investors Inc. boosted its position in shares of American Express by 23.9% in the 3rd quarter. Accredited Investors Inc. now owns 4,526 shares of the payment services company’s stock worth $1,228,000 after purchasing an additional 873 shares in the last quarter. Finally, Adero Partners LLC boosted its position in shares of American Express by 1.5% in the 3rd quarter. Adero Partners LLC now owns 4,944 shares of the payment services company’s stock worth $1,341,000 after purchasing an additional 74 shares in the last quarter. 84.33% of the stock is owned by institutional investors.

Insider Transactions at American Express

In related news, insider Raymond Joabar sold 15,179 shares of the business’s stock in a transaction dated Tuesday, January 28th. The stock was sold at an average price of $313.94, for a total transaction of $4,765,295.26. Following the transaction, the insider now owns 23,866 shares in the company, valued at $7,492,492.04. The trade was a 38.88 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Ravikumar Radhakrishnan sold 9,485 shares of American Express stock in a transaction that occurred on Wednesday, February 5th. The shares were sold at an average price of $319.17, for a total value of $3,027,327.45. Following the sale, the insider now directly owns 13,500 shares in the company, valued at approximately $4,308,795. The trade was a 41.27 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 0.12% of the company’s stock.

American Express Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 9th. Stockholders of record on Friday, April 4th will be issued a $0.82 dividend. The ex-dividend date of this dividend is Friday, April 4th. This represents a $3.28 annualized dividend and a dividend yield of 1.25%. This is an increase from American Express’s previous quarterly dividend of $0.70. American Express’s payout ratio is currently 23.41%.

About American Express

American Express Company, together with its subsidiaries, operates as integrated payments company in the United States, Europe, the Middle East and Africa, the Asia Pacific, Australia, New Zealand, Latin America, Canada, the Caribbean, and Internationally. It operates through four segments: U.S. Consumer Services, Commercial Services, International Card Services, and Global Merchant and Network Services.