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 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.

American Electric Power Trading Up 2.0 %

American Electric Power stock opened at $100.40 on Wednesday. The company has a quick ratio of 0.48, a current ratio of 0.65 and a debt-to-equity ratio of 1.53. The firm has a 50-day moving average price of $100.67 and a two-hundred day moving average price of $94.65. The firm has a market capitalization of $53.42 billion, a price-to-earnings ratio of 20.00, a PEG ratio of 2.78 and a beta of 0.55. American Electric Power has a 52-week low of $74.97 and a 52-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 paid a dividend of $0.93 per share. This represents a $3.72 dividend on an annualized basis and a yield of 3.71%. This is a positive change from American Electric Power’s previous quarterly dividend of $0.88. The ex-dividend date is Friday, November 8th. American Electric Power’s payout ratio is presently 70.12%.

Analyst Ratings Changes

AEP has been the subject of a number of analyst reports. Barclays boosted their target price on shares of 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. JPMorgan Chase & Co. boosted their target price on shares of American Electric Power from $108.00 to $112.00 and gave the company an “overweight” rating in a research note on Friday, October 18th. Wells Fargo & Company boosted their target price on shares of American Electric Power from $98.00 to $104.00 and gave the company an “equal weight” rating in a research note on Wednesday, October 16th. Morgan Stanley upped their price target on shares of American Electric Power from $102.00 to $108.00 and gave the stock an “overweight” rating in a research note on Wednesday, September 25th. Finally, Jefferies Financial Group assumed coverage on shares of American Electric Power in a research note on Friday, September 20th. They issued a “hold” rating and a $107.00 price target for the company. Two analysts have rated the stock with a sell rating, seven have given a hold rating and six have given a buy rating to the company. According to data from MarketBeat, American Electric Power presently has an average rating of “Hold” and a consensus price target of $98.43.

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.