American Electric Power (NASDAQ:AEP) Releases FY 2025 Earnings Guidance

American Electric Power (NASDAQ:AEP) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided EPS guidance of 5.750-5.950 for the period, compared to the consensus EPS estimate of 5.980. The company issued revenue guidance of -. American Electric Power also updated its FY 2024 guidance to 5.580-5.680 EPS.

American Electric Power Stock Up 0.1 %

Shares of American Electric Power stock traded up $0.09 during trading on Friday, reaching $96.42. The company had a trading volume of 1,147,467 shares, compared to its average volume of 3,147,715. The company has a market cap of $51.31 billion, a price-to-earnings ratio of 19.28, a price-to-earnings-growth ratio of 2.81 and a beta of 0.55. The firm’s fifty day moving average is $100.59 and its 200-day moving average is $94.79. The company has a debt-to-equity ratio of 1.53, a quick ratio of 0.48 and a current ratio of 0.65. American Electric Power has a fifty-two week low of $74.97 and a fifty-two week high of $105.18.

American Electric Power Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 10th. Shareholders of record on Friday, November 8th will be given a $0.93 dividend. This is a boost from American Electric Power’s previous quarterly dividend of $0.88. The ex-dividend date of this dividend is Friday, November 8th. This represents a $3.72 annualized dividend and a yield of 3.86%. American Electric Power’s dividend payout ratio is 70.12%.

Analyst Upgrades and Downgrades

Several research firms recently commented on AEP. BMO Capital Markets cut their target price on shares of American Electric Power from $111.00 to $104.00 and set an “outperform” rating for the company in a research note on Thursday. Evercore ISI cut their target price on shares of American Electric Power from $97.00 to $96.00 and set an “in-line” rating for the company in a research report on Thursday. JPMorgan Chase & Co. increased their price target on shares of American Electric Power from $108.00 to $112.00 and gave the stock an “overweight” rating in a research note on Friday, October 18th. Guggenheim raised their target price on shares of American Electric Power from $81.00 to $83.00 and gave the company a “neutral” rating in a research note on Monday, July 22nd. Finally, Wells Fargo & Company lowered their target price on shares of American Electric Power from $104.00 to $102.00 and set an “equal weight” rating on the stock in a research note on Thursday. Two equities research analysts have rated the stock with a sell rating, eight have given a hold rating and six have assigned a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $98.27.

American Electric Power Company Profile

American Electric Power Company, Inc, an electric public utility holding company, engages in the generation, transmission, and distribution of electricity for sale to retail and wholesale customers in the United States. It operates through Vertically Integrated Utilities, Transmission and Distribution Utilities, AEP Transmission Holdco, and Generation & Marketing segments.