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

American Electric Power (NASDAQ:AEP) updated its FY 2025 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 5.750-5.950 for the period, compared to the consensus 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.

Analyst Ratings Changes

Several research firms have commented on AEP. Scotiabank increased their price target on shares of American Electric Power from $99.00 to $108.00 and gave the company a “sector outperform” rating in a research report on Tuesday, August 20th. Guggenheim raised their price objective on American Electric Power from $81.00 to $83.00 and gave the company a “neutral” rating in a report on Monday, July 22nd. JPMorgan Chase & Co. boosted their price objective on American Electric Power from $108.00 to $112.00 and gave the company an “overweight” rating in a research report on Friday, October 18th. BMO Capital Markets decreased their target price on American Electric Power from $111.00 to $104.00 and set an “outperform” rating on the stock in a research report on Thursday. Finally, Evercore ISI decreased their price objective on shares of American Electric Power from $97.00 to $96.00 and set an “in-line” rating on the stock in a report on Thursday. Two equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $98.27.

American Electric Power Stock Up 1.2 %

NASDAQ:AEP traded up $1.16 during trading hours on Friday, hitting $96.56. The company’s stock had a trading volume of 1,348,306 shares, compared to its average volume of 3,148,403. American Electric Power has a 52-week low of $74.97 and a 52-week high of $105.18. The company has a current ratio of 0.65, a quick ratio of 0.48 and a debt-to-equity ratio of 1.53. The stock has a market capitalization of $51.38 billion, a P/E ratio of 19.28, a price-to-earnings-growth ratio of 2.81 and a beta of 0.55. The stock has a fifty day moving average of $100.59 and a 200-day moving average of $94.79.

American Electric Power Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 10th. Stockholders of record on Friday, November 8th will be given a dividend of $0.93 per share. This represents a $3.72 annualized dividend and a dividend yield of 3.85%. The ex-dividend date is Friday, November 8th. This is a positive change from American Electric Power’s previous quarterly dividend of $0.88. American Electric Power’s dividend payout ratio (DPR) is 70.12%.

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.