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

American Electric Power (NASDAQ:AEP) updated its FY 2025 earnings guidance on Wednesday. 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.

Analyst Ratings Changes

A number of equities analysts have weighed in on the stock. Jefferies Financial Group assumed coverage on shares of American Electric Power in a report on Friday, September 20th. They issued a “hold” rating and a $107.00 price target on the stock. BMO Capital Markets lifted their price target on shares of American Electric Power from $109.00 to $114.00 and gave the company an “outperform” rating in a report on Thursday, October 3rd. Morgan Stanley lifted their target price on shares of American Electric Power from $102.00 to $108.00 and gave the company an “overweight” rating in a report on Wednesday, September 25th. Guggenheim lifted their target price on shares of American Electric Power from $81.00 to $83.00 and gave the company a “neutral” rating in a report on Monday, July 22nd. Finally, JPMorgan Chase & Co. lifted their target price on shares of American Electric Power from $108.00 to $112.00 and gave the company an “overweight” rating in a report on Friday, October 18th. Two equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and six have issued a buy rating to the company’s stock. According to MarketBeat.com, American Electric Power currently has a consensus rating of “Hold” and an average target price of $98.43.

American Electric Power Stock Performance

American Electric Power stock opened at $100.40 on Wednesday. American Electric Power has a 12-month low of $74.97 and a 12-month high of $105.18. The company has a market capitalization of $53.42 billion, a price-to-earnings ratio of 20.00, a price-to-earnings-growth ratio of 2.78 and a beta of 0.55. The company has a debt-to-equity ratio of 1.53, a current ratio of 0.65 and a quick ratio of 0.48. The firm’s fifty day moving average price is $100.67 and its 200 day moving average price is $94.65.

American Electric Power Increases Dividend

The business 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 $0.93 dividend. The ex-dividend date is Friday, November 8th. This represents a $3.72 annualized dividend and a dividend yield of 3.71%. This is an increase from American Electric Power’s previous quarterly dividend of $0.88. American Electric Power’s payout ratio is presently 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.