American Electric Power (NASDAQ:AEP) Releases Quarterly Earnings Results, Meets Estimates

American Electric Power (NASDAQ:AEP) posted its earnings results on Thursday. The company reported $1.24 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $1.24, Zacks reports. American Electric Power had a return on equity of 11.41% and a net margin of 13.48%. During the same period last year, the company posted $1.23 EPS. American Electric Power updated its FY 2025 guidance to 5.750-5.950 EPS.

American Electric Power Trading Down 1.4 %

AEP stock traded down $1.48 during trading on Thursday, reaching $100.87. 1,385,111 shares of the stock traded hands, compared to its average volume of 3,238,474. The firm has a market capitalization of $53.67 billion, a PE ratio of 20.21, a P/E/G ratio of 2.84 and a beta of 0.58. The company has a debt-to-equity ratio of 1.47, a current ratio of 0.57 and a quick ratio of 0.41. The business’s 50 day moving average price is $95.38 and its 200-day moving average price is $97.90. American Electric Power has a 52-week low of $78.07 and a 52-week high of $105.18.

American Electric Power Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 10th. Investors of record on Monday, February 10th will be given a $0.93 dividend. This represents a $3.72 annualized dividend and a dividend yield of 3.69%. The ex-dividend date of this dividend is Monday, February 10th. American Electric Power’s dividend payout ratio (DPR) is currently 74.55%.

Analysts Set New Price Targets

Several brokerages have recently issued reports on AEP. Scotiabank downgraded American Electric Power from a “sector outperform” rating to a “sector perform” rating and reduced their price objective for the company from $105.00 to $102.00 in a research report on Thursday, December 12th. Morgan Stanley reduced their target price on shares of American Electric Power from $109.00 to $104.00 and set an “overweight” rating on the stock in a report on Friday, November 22nd. Wells Fargo & Company decreased their price target on shares of American Electric Power from $104.00 to $102.00 and set an “equal weight” rating on the stock in a research note on Thursday, November 7th. Bank of America raised shares of American Electric Power from an “underperform” rating to a “buy” rating and boosted their price objective for the company from $98.00 to $104.00 in a research report on Monday, January 13th. Finally, Guggenheim upgraded shares of American Electric Power from a “neutral” rating to a “buy” rating in a research report on Thursday, January 23rd. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and six have given a buy rating to the company’s stock. According to MarketBeat.com, American Electric Power presently has a consensus rating of “Hold” and an average target price of $98.00.

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.