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

American Electric Power (NASDAQ:AEP) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 5.750-5.950 for the period, compared to the consensus earnings per share 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 Trading Up 0.2 %

NASDAQ:AEP traded up $0.19 on Friday, reaching $96.52. 1,354,163 shares of the stock traded hands, compared to its average volume of 3,148,667. American Electric Power has a 1-year low of $74.97 and a 1-year 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 company’s 50 day moving average is $100.59 and its 200-day moving average is $94.79. The firm has a market capitalization of $51.36 billion, a price-to-earnings ratio of 19.28, a price-to-earnings-growth ratio of 2.81 and a beta of 0.55.

American Electric Power Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 10th. Investors 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 3.85%. American Electric Power’s dividend payout ratio (DPR) is presently 70.12%.

Analysts Set New Price Targets

AEP has been the topic of several recent analyst reports. Barclays raised their price objective on American Electric Power from $96.00 to $100.00 and gave the company an “equal weight” rating in a research note on Tuesday, October 15th. UBS Group boosted their price target on shares of American Electric Power from $91.00 to $95.00 and gave the company a “sell” rating in a research report on Thursday. Scotiabank boosted their price target on shares of American Electric Power from $99.00 to $108.00 and gave the stock a “sector outperform” rating in a research note on Tuesday, August 20th. JPMorgan Chase & Co. upped their target price on American Electric Power from $108.00 to $112.00 and gave the stock an “overweight” rating in a research note on Friday, October 18th. Finally, Jefferies Financial Group started coverage on shares of American Electric Power in a report on Friday, September 20th. They set a “hold” rating and a $107.00 price target for the company. Two equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and six have given a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $98.27.

About American Electric Power

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.