American Express (AXP) to Release Quarterly Earnings on Thursday

American Express (NYSE:AXP) is expected to release its earnings data before the market opens on Thursday, April 17th. Analysts expect American Express to post earnings of $3.47 per share and revenue of $17.04 billion for the quarter. American Express has set its FY 2025 guidance at 15.000-15.500 EPS.Parties interested in participating in the company’s conference call can do so using this link.

American Express (NYSE:AXP) last issued its earnings results on Friday, January 24th. The payment services company reported $3.04 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.00 by $0.04. American Express had a return on equity of 32.65% and a net margin of 15.36%. On average, analysts expect American Express to post $15 EPS for the current fiscal year and $18 EPS for the next fiscal year.

American Express Stock Performance

Shares of AXP stock opened at $257.87 on Wednesday. American Express has a 12 month low of $216.51 and a 12 month high of $326.28. The firm has a market capitalization of $181.16 billion, a PE ratio of 18.41, a price-to-earnings-growth ratio of 1.41 and a beta of 1.16. The firm has a fifty day simple moving average of $276.48 and a two-hundred day simple moving average of $288.09. The company has a current ratio of 1.58, a quick ratio of 1.57 and a debt-to-equity ratio of 1.64.

American Express Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 9th. Stockholders of record on Friday, April 4th will be given a dividend of $0.82 per share. The ex-dividend date is Friday, April 4th. This is an increase from American Express’s previous quarterly dividend of $0.70. This represents a $3.28 annualized dividend and a dividend yield of 1.27%. American Express’s payout ratio is presently 23.41%.

Analyst Ratings Changes

A number of equities analysts have issued reports on AXP shares. Argus lowered American Express from a “strong-buy” rating to a “hold” rating in a report on Friday, March 14th. The Goldman Sachs Group cut their target price on American Express from $367.00 to $330.00 and set a “buy” rating on the stock in a research report on Tuesday, March 18th. Evercore ISI increased their price target on American Express from $315.00 to $344.00 and gave the company an “in-line” rating in a research report on Monday, January 27th. Baird R W upgraded shares of American Express from a “strong sell” rating to a “hold” rating in a research note on Friday, March 14th. Finally, UBS Group raised their price target on shares of American Express from $283.00 to $320.00 and gave the company a “neutral” rating in a research report on Monday, January 13th. Two analysts have rated the stock with a sell rating, fifteen have issued a hold rating and nine have issued a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $296.81.

Insider Activity

In related news, Director Michael J. Angelakis purchased 3,700 shares of the business’s stock in a transaction dated Friday, March 7th. The stock was purchased at an average cost of $269.89 per share, with a total value of $998,593.00. Following the completion of the acquisition, the director now directly owns 3,700 shares of the company’s stock, valued at approximately $998,593. The trade was a ∞ increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Raymond Joabar sold 15,179 shares of the business’s stock in a transaction on Tuesday, January 28th. The shares were sold at an average price of $313.94, for a total value of $4,765,295.26. Following the sale, the insider now owns 23,866 shares in the company, valued at approximately $7,492,492.04. The trade was a 38.88 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.20% of the company’s stock.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in American Express stock. Brighton Jones LLC increased its position in American Express (NYSE:AXP) by 24.4% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 6,481 shares of the payment services company’s stock after acquiring an additional 1,273 shares during the quarter. Brighton Jones LLC’s holdings in American Express were worth $1,924,000 at the end of the most recent quarter. Institutional investors own 84.33% of the company’s stock.

American Express Company Profile

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.