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

American Electric Power (NASDAQ:AEP) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided earnings per share guidance of 5.750-5.950 for the period, compared to the consensus earnings per share estimate of 5.880. The company issued revenue guidance of -.

American Electric Power Trading Up 0.5 %

Shares of NASDAQ AEP opened at $102.35 on Thursday. American Electric Power has a twelve month low of $77.51 and a twelve month high of $105.18. The company has a current ratio of 0.57, a quick ratio of 0.41 and a debt-to-equity ratio of 1.47. The stock has a fifty day simple moving average of $95.38 and a 200-day simple moving average of $97.90. The stock has a market capitalization of $54.46 billion, a PE ratio of 20.51, a PEG ratio of 2.84 and a beta of 0.58.

American Electric Power Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 10th. Stockholders of record on Monday, February 10th will be paid a $0.93 dividend. The ex-dividend date is Monday, February 10th. This represents a $3.72 dividend on an annualized basis and a dividend yield of 3.63%. American Electric Power’s payout ratio is presently 74.55%.

Analyst Ratings Changes

AEP has been the subject of several analyst reports. Bank of America raised American Electric Power from an “underperform” rating to a “buy” rating and boosted their target price for the stock from $98.00 to $104.00 in a research note on Monday, January 13th. Scotiabank cut American Electric Power from a “sector outperform” rating to a “sector perform” rating and lowered their target price for the stock from $105.00 to $102.00 in a research note on Thursday, December 12th. Barclays lowered their target price on American Electric Power from $100.00 to $99.00 and set an “equal weight” rating for the company in a research note on Tuesday, November 26th. Wells Fargo & Company lowered their price objective on American Electric Power from $104.00 to $102.00 and set an “equal weight” rating for the company in a research report on Thursday, November 7th. Finally, Evercore ISI lowered their price objective on American Electric Power from $97.00 to $96.00 and set an “in-line” rating for the company in a research report on Thursday, November 7th. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and six have assigned a buy rating to the company’s stock. According to data from MarketBeat, American Electric Power has a consensus rating of “Hold” and a consensus target price 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.