American Electric Power (NASDAQ:AEP) Issues Earnings Results, Meets Expectations

American Electric Power (NASDAQ:AEP) issued its quarterly earnings data on Thursday. The company reported $1.24 earnings per share 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 quarter in the prior year, the company earned $1.23 EPS. American Electric Power updated its FY 2025 guidance to 5.750-5.950 EPS.

American Electric Power Stock Performance

Shares of American Electric Power stock traded down $1.50 on Thursday, reaching $100.86. 1,593,677 shares of the stock were exchanged, compared to its average volume of 3,241,096. The company has a quick ratio of 0.41, a current ratio of 0.57 and a debt-to-equity ratio of 1.47. American Electric Power has a twelve month low of $78.07 and a twelve month high of $105.18. The firm has a market capitalization of $53.67 billion, a price-to-earnings ratio of 20.18, a PEG ratio of 2.84 and a beta of 0.58. The business has a 50 day moving average price of $95.38 and a two-hundred day moving average price of $97.90.

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 issued a dividend of $0.93 per share. This represents a $3.72 dividend on an annualized basis 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 74.55%.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on AEP shares. Scotiabank downgraded American Electric Power from a “sector outperform” rating to a “sector perform” rating and dropped their price objective for the company from $105.00 to $102.00 in a research report on Thursday, December 12th. Bank of America raised American Electric Power from an “underperform” rating to a “buy” rating and raised their price objective for the company from $98.00 to $104.00 in a research report on Monday, January 13th. Morgan Stanley dropped their price objective on American Electric Power from $109.00 to $104.00 and set an “overweight” rating on the stock in a research report on Friday, November 22nd. Barclays lowered their price target on American Electric Power from $100.00 to $99.00 and set an “equal weight” rating for the company in a report on Tuesday, November 26th. Finally, Evercore ISI lowered their price target on American Electric Power from $97.00 to $96.00 and set an “in-line” rating for the company in a report on Thursday, November 7th. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat.com, American Electric Power has an average rating of “Hold” and an average price target of $98.00.

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.