FY2025 EPS Estimates for American Electric Power Company, Inc. (NASDAQ:AEP) Reduced by Seaport Res Ptn

American Electric Power Company, Inc. (NASDAQ:AEP) – Seaport Res Ptn cut their FY2025 earnings per share estimates for American Electric Power in a research note issued to investors on Wednesday, April 24th. Seaport Res Ptn analyst A. Storozynski now anticipates that the company will post earnings per share of $5.95 for the year, down from their prior forecast of $5.96. The consensus estimate for American Electric Power’s current full-year earnings is $5.54 per share.

AEP has been the subject of a number of other reports. Barclays increased their price target on American Electric Power from $83.00 to $84.00 and gave the company an “equal weight” rating in a research note on Monday, April 15th. UBS Group cut American Electric Power from a “neutral” rating to a “sell” rating and decreased their price target for the company from $86.00 to $83.00 in a research note on Monday, March 11th. StockNews.com cut American Electric Power from a “hold” rating to a “sell” rating in a research note on Friday, March 15th. Guggenheim cut American Electric Power from a “buy” rating to a “neutral” rating and set a $81.00 price target for the company. in a research note on Monday, January 22nd. Finally, Mizuho cut American Electric Power from a “buy” rating to a “neutral” rating and set a $83.00 price target for the company. in a research note on Thursday, January 11th. Three analysts have rated the stock with a sell rating, three have assigned a hold rating and seven have given a buy rating to the company. According to MarketBeat.com, American Electric Power has an average rating of “Hold” and a consensus price target of $86.08.

American Electric Power Price Performance

Shares of AEP stock opened at $85.26 on Friday. The stock’s 50-day moving average is $83.53 and its 200 day moving average is $80.46. The company has a debt-to-equity ratio of 1.49, a current ratio of 0.53 and a quick ratio of 0.36. American Electric Power has a 1-year low of $69.38 and a 1-year high of $93.56. The company has a market cap of $44.90 billion, a P/E ratio of 20.06, a PEG ratio of 3.07 and a beta of 0.51.

American Electric Power (NASDAQ:AEP) last issued its quarterly earnings data on Tuesday, February 27th. The company reported $1.23 earnings per share for the quarter, missing analysts’ consensus estimates of $1.26 by ($0.03). American Electric Power had a net margin of 11.64% and a return on equity of 11.04%. The company had revenue of $4.60 billion for the quarter, compared to the consensus estimate of $5.12 billion. During the same period in the previous year, the business earned $1.05 EPS. American Electric Power’s revenue for the quarter was down 6.1% compared to the same quarter last year.

American Electric Power Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 10th. Stockholders of record on Friday, May 10th will be paid a $0.88 dividend. This represents a $3.52 annualized dividend and a dividend yield of 4.13%. The ex-dividend date is Thursday, May 9th. American Electric Power’s payout ratio is 82.82%.

Institutional Trading of American Electric Power

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Plan Group Financial LLC grew its holdings in American Electric Power by 47.2% during the first quarter. Plan Group Financial LLC now owns 4,814 shares of the company’s stock worth $415,000 after acquiring an additional 1,544 shares during the period. Planned Solutions Inc. grew its holdings in American Electric Power by 75.3% during the first quarter. Planned Solutions Inc. now owns 3,288 shares of the company’s stock worth $283,000 after acquiring an additional 1,412 shares during the period. Northwest Bancshares Inc. grew its holdings in American Electric Power by 65.5% during the first quarter. Northwest Bancshares Inc. now owns 4,877 shares of the company’s stock worth $420,000 after acquiring an additional 1,930 shares during the period. YHB Investment Advisors Inc. acquired a new stake in American Electric Power during the first quarter worth about $29,000. Finally, ZWJ Investment Counsel Inc. grew its holdings in American Electric Power by 27.2% during the first quarter. ZWJ Investment Counsel Inc. now owns 393,073 shares of the company’s stock worth $33,844,000 after acquiring an additional 83,934 shares during the period. 75.24% of the stock is owned by institutional investors and hedge funds.

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.