American Express (NYSE:AXP) Releases Quarterly Earnings Results

American Express (NYSE:AXP) issued its quarterly earnings data on Friday. The payment services company reported $3.04 earnings per share for the quarter, topping analysts’ consensus estimates of $3.00 by $0.04, Zacks reports. American Express had a net margin of 15.32% and a return on equity of 32.46%. American Express updated its FY 2025 guidance to 15.000-15.500 EPS.

American Express Price Performance

Shares of AXP stock opened at $320.87 on Friday. The firm has a fifty day simple moving average of $302.35 and a 200-day simple moving average of $274.66. The company has a market capitalization of $226.04 billion, a PE ratio of 23.61, a price-to-earnings-growth ratio of 1.51 and a beta of 1.23. American Express has a twelve month low of $186.43 and a twelve month high of $326.27. The company has a current ratio of 1.63, a quick ratio of 1.63 and a debt-to-equity ratio of 1.80.

American Express Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, February 10th. Stockholders of record on Friday, January 3rd will be paid a dividend of $0.70 per share. The ex-dividend date is Friday, January 3rd. This represents a $2.80 dividend on an annualized basis and a dividend yield of 0.87%. American Express’s dividend payout ratio is currently 20.60%.

Insiders Place Their Bets

In other American Express news, CFO Caillec Christophe Le sold 6,000 shares of the company’s stock in a transaction that occurred on Wednesday, November 27th. The stock was sold at an average price of $303.48, for a total value of $1,820,880.00. Following the transaction, the chief financial officer now directly owns 6,433 shares of the company’s stock, valued at $1,952,286.84. This represents a 48.26 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Vice Chairman Douglas E. Buckminster sold 13,111 shares of the firm’s stock in a transaction that occurred on Tuesday, October 29th. The stock was sold at an average price of $270.98, for a total transaction of $3,552,818.78. Following the sale, the insider now directly owns 109,691 shares of the company’s stock, valued at $29,724,067.18. The trade was a 10.68 % decrease in their position. The disclosure for this sale can be found here. 0.12% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on the company. Truist Financial began coverage on American Express in a report on Tuesday, January 7th. They issued a “buy” rating and a $350.00 price target for the company. The Goldman Sachs Group upped their target price on shares of American Express from $270.00 to $300.00 and gave the company a “buy” rating in a report on Monday, October 7th. Monness Crespi & Hardt raised their price target on shares of American Express from $300.00 to $330.00 and gave the stock a “buy” rating in a research note on Thursday, December 19th. HSBC upped their price objective on shares of American Express from $270.00 to $294.00 and gave the company a “hold” rating in a research note on Friday. Finally, Compass Point boosted their price target on American Express from $315.00 to $325.00 and gave the company a “neutral” rating in a report on Thursday, December 19th. Three research analysts have rated the stock with a sell rating, twelve have issued a hold rating and ten have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $281.00.

About American Express

American Express Company, together with its subsidiaries, operates as integrated payments company in the United States, Europe, the Middle East and Africa, the Asia Pacific, Australia, New Zealand, Latin America, Canada, the Caribbean, and Internationally. It operates through four segments: U.S. Consumer Services, Commercial Services, International Card Services, and Global Merchant and Network Services.