S&P 500   5,061.82
DOW   37,735.11
QQQ   431.06
3 Energy Plays for Cash Flow: Buy 1 or Buy Them All
M&T Bank, Goldman Sachs rise; Salesforce, Tesla fall, Monday, 4/15/2024
When Will the Next Bull Market Be?
The Charles Schwab Company Can Hit New Highs
Global smartphone shipments climb nearly 8% in 1st quarter as Samsung retakes the lead
Closing prices for crude oil, gold and other commodities
Kinder Morgan Stock Bid Up In An Oil Breakout
S&P 500   5,061.82
DOW   37,735.11
QQQ   431.06
3 Energy Plays for Cash Flow: Buy 1 or Buy Them All
M&T Bank, Goldman Sachs rise; Salesforce, Tesla fall, Monday, 4/15/2024
When Will the Next Bull Market Be?
The Charles Schwab Company Can Hit New Highs
Global smartphone shipments climb nearly 8% in 1st quarter as Samsung retakes the lead
Closing prices for crude oil, gold and other commodities
Kinder Morgan Stock Bid Up In An Oil Breakout
S&P 500   5,061.82
DOW   37,735.11
QQQ   431.06
3 Energy Plays for Cash Flow: Buy 1 or Buy Them All
M&T Bank, Goldman Sachs rise; Salesforce, Tesla fall, Monday, 4/15/2024
When Will the Next Bull Market Be?
The Charles Schwab Company Can Hit New Highs
Global smartphone shipments climb nearly 8% in 1st quarter as Samsung retakes the lead
Closing prices for crude oil, gold and other commodities
Kinder Morgan Stock Bid Up In An Oil Breakout
S&P 500   5,061.82
DOW   37,735.11
QQQ   431.06
3 Energy Plays for Cash Flow: Buy 1 or Buy Them All
M&T Bank, Goldman Sachs rise; Salesforce, Tesla fall, Monday, 4/15/2024
When Will the Next Bull Market Be?
The Charles Schwab Company Can Hit New Highs
Global smartphone shipments climb nearly 8% in 1st quarter as Samsung retakes the lead
Closing prices for crude oil, gold and other commodities
Kinder Morgan Stock Bid Up In An Oil Breakout
NASDAQ:AEP

American Electric Power (AEP) Stock Price, News & Analysis

$80.91
-1.19 (-1.45%)
(As of 04/15/2024 ET)
Today's Range
$80.54
$82.53
50-Day Range
$75.94
$86.10
52-Week Range
$69.38
$94.73
Volume
3.14 million shs
Average Volume
2.61 million shs
Market Capitalization
$42.61 billion
P/E Ratio
19.04
Dividend Yield
4.35%
Price Target
$87.15

American Electric Power MarketRank™ Stock Analysis

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
7.7% Upside
$87.15 Price Target
Short Interest
Healthy
1.78% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-5.43
Upright™ Environmental Score
News Sentiment
0.80mentions of American Electric Power in the last 14 days
Based on 16 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
6.86%
From $5.54 to $5.92 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.32 out of 5 stars

Utilities Sector

28th out of 89 stocks

Electric Services Industry

13th out of 39 stocks

AEP stock logo

About American Electric Power Stock (NASDAQ:AEP)

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. The company generates electricity using coal and lignite, natural gas, renewable, nuclear, hydro, solar, wind, and other energy sources. It also supplies and markets electric power at wholesale to other electric utility companies, rural electric cooperatives, municipalities, and other market participants. American Electric Power Company, Inc. was incorporated in 1906 and is headquartered in Columbus, Ohio.

AEP Stock Price History

AEP Stock News Headlines

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American Electric Power Company Inc
A.I. “Perfect Storm” Could Send THESE Stocks Sky High
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AEP Named Leader on New JUST Jobs Scorecard
AEP Jun 2024 40.000 put
See More Headlines
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Company Calendar

Ex-Dividend for 3/8 Dividend
2/08/2024
Last Earnings
2/27/2024
Dividend Payable
3/08/2024
Today
4/16/2024
Next Earnings (Confirmed)
4/30/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Utilities
Industry
Electric services
Sub-Industry
N/A
Current Symbol
NASDAQ:AEP
CIK
4904
Employees
17,250
Year Founded
1906

Price Target and Rating

Average Stock Price Target
$87.15
High Stock Price Target
$100.00
Low Stock Price Target
$73.00
Potential Upside/Downside
+7.7%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
12 Analysts

Profitability

Net Income
$2.21 billion
Pretax Margin
11.64%

Debt

Sales & Book Value

Annual Sales
$19 billion
Cash Flow
$11.07 per share
Book Value
$48.06 per share

Miscellaneous

Free Float
525,958,000
Market Cap
$42.61 billion
Optionable
Optionable
Beta
0.51

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Key Executives

  • Mr. Benjamin Gwynn Stonestreet Fowke III (Age 66)
    Interim President, Interim CEO & Director
    Comp: $153.13k
  • Mr. Charles E. ZebulaMr. Charles E. Zebula (Age 63)
    Executive VP & CFO
    Comp: $953.29k
  • Mr. David M. Feinberg (Age 54)
    Executive VP, General Counsel & Secretary
    Comp: $1.12M
  • Mr. Christian T. Beam (Age 55)
    Executive Vice President of Energy Services
    Comp: $976.4k
  • Ms. Peggy I. Simmons (Age 46)
    Executive Vice President of Utilities
    Comp: $892.98k
  • Ms. Kate Sturgess (Age 38)
    Senior VP, Controller, Chief Accounting Officer & Principal Accounting Officer
  • Ms. Therace M. RischMs. Therace M. Risch (Age 51)
    Executive VP and Chief Information & Technology Officer
  • Darcy Reese
    Vice President of Investor Relations
  • Gina E. Mazzei-Smith (Age 57)
    Chief Compliance Officer
  • Mr. Phillip R. Ulrich (Age 53)
    Executive VP & Chief Human Resources Officer

Should I Buy American Electric Power Stock? AEP Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in American Electric Power Company, Inc.:

  • American Electric Power Company, Inc. has a strong track record of consistent dividend payments, providing investors with a reliable income stream.
  • The company's diversified energy sources, including renewable energy, position it well for future regulatory changes and consumer preferences towards sustainable energy.
  • American Electric Power Company, Inc.'s stable and essential service as an electric utility company ensures consistent demand for its services, even during economic downturns.
  • Recent stock price performance has shown steady growth, indicating positive investor sentiment and potential for capital appreciation.
  • The company's strategic investments in transmission and distribution infrastructure enhance operational efficiency and reliability, supporting long-term growth.

Cons

Investors should be bearish about investing in American Electric Power Company, Inc. for these reasons:

  • Regulatory uncertainties in the energy sector could impact the company's operations and profitability, leading to potential risks for investors.
  • Fluctuations in commodity prices, such as natural gas and coal, may affect the company's cost structure and financial performance.
  • Competition from other energy providers and emerging technologies could challenge American Electric Power Company, Inc.'s market position and growth prospects.
  • Environmental concerns and regulations related to traditional energy sources like coal could increase operational costs and limit future expansion opportunities.
  • Economic downturns or changes in consumer behavior could impact electricity demand, affecting the company's revenue and earnings.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Thursday, April 11, 2024. Please send any questions or comments about these American Electric Power pros and cons to contact@marketbeat.com.

AEP Stock Analysis - Frequently Asked Questions

Should I buy or sell American Electric Power stock right now?

12 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for American Electric Power in the last year. There are currently 2 sell ratings, 4 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" AEP shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in AEP, but not buy additional shares or sell existing shares.
View AEP analyst ratings
or view top-rated stocks.

What is American Electric Power's stock price target for 2024?

12 Wall Street research analysts have issued 1-year target prices for American Electric Power's shares. Their AEP share price targets range from $73.00 to $100.00. On average, they anticipate the company's stock price to reach $87.15 in the next twelve months. This suggests a possible upside of 7.7% from the stock's current price.
View analysts price targets for AEP
or view top-rated stocks among Wall Street analysts.

How have AEP shares performed in 2024?

American Electric Power's stock was trading at $81.22 at the start of the year. Since then, AEP shares have decreased by 0.4% and is now trading at $80.91.
View the best growth stocks for 2024 here
.

Are investors shorting American Electric Power?

American Electric Power saw a drop in short interest during the month of March. As of March 31st, there was short interest totaling 9,350,000 shares, a drop of 20.1% from the March 15th total of 11,700,000 shares. Based on an average daily volume of 3,910,000 shares, the days-to-cover ratio is currently 2.4 days.
View American Electric Power's Short Interest
.

When is American Electric Power's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 30th 2024.
View our AEP earnings forecast
.

How can I listen to American Electric Power's earnings call?

American Electric Power will be holding an earnings conference call on Tuesday, April 30th at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link.

How were American Electric Power's earnings last quarter?

American Electric Power Company, Inc. (NASDAQ:AEP) posted its quarterly earnings data on Tuesday, February, 27th. The company reported $1.23 EPS for the quarter, missing the consensus estimate of $1.26 by $0.03. The business earned $4.60 billion during the quarter, compared to analysts' expectations of $5.12 billion. American Electric Power had a net margin of 11.64% and a trailing twelve-month return on equity of 11.04%. American Electric Power's revenue was down 6.1% on a year-over-year basis. During the same period in the previous year, the firm earned $1.05 earnings per share.
Read the conference call transcript
.

How often does American Electric Power pay dividends? What is the dividend yield for American Electric Power?

American Electric Power announced a quarterly dividend on Friday, January 19th. Shareholders of record on Friday, February 9th will be given a dividend of $0.88 per share on Friday, March 8th. This represents a $3.52 dividend on an annualized basis and a yield of 4.35%. The ex-dividend date is Thursday, February 8th.
Read our dividend analysis for AEP
.

Is American Electric Power a good dividend stock?

American Electric Power (NASDAQ:AEP) pays an annual dividend of $3.52 per share and currently has a dividend yield of 4.29%. AEP has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 14 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 82.82%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, AEP will have a dividend payout ratio of 59.46% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for AEP.

What guidance has American Electric Power issued on next quarter's earnings?

American Electric Power updated its FY 2024 earnings guidance on Tuesday, February, 27th. The company provided earnings per share guidance of 5.530-5.730 for the period, compared to the consensus estimate of 5.730. The company issued revenue guidance of -.

Who are American Electric Power's major shareholders?

American Electric Power's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Ferguson Wellman Capital Management Inc. (0.09%), Gateway Investment Advisers LLC (0.08%), Nexus Investment Management ULC (0.07%), Matrix Asset Advisors Inc. NY (0.04%), Viking Fund Management LLC (0.03%) and Wealth Enhancement Advisory Services LLC (0.03%). Insiders that own company stock include Charles E Zebula, Charles R Patton, David Matthew Feinberg, Greg B Hall, Jospeh M Buonaiuto, Julia A Sloat, Lisa M Barton, Nicholas K Akins, Paul Chodak III and Therace Risch.
View institutional ownership trends
.

How do I buy shares of American Electric Power?

Shares of AEP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does American Electric Power have any subsidiaries?
The following companies are subsidiares of American Electric Power: AEP Energy Supply LLC, AEP Generating Company, AEP Generation Resources Inc., AEP Texas Central Transition Funding II LLC, AEP Texas Central Transition Funding III LLC, AEP Texas Inc., AEP Texas North Generation Company LLC, AEP Transmission Company, AEP Transmission Holding Company, American Electric Power Service Corporation, Appalachian Consumer Rate Relief Funding LLC, Appalachian Power Company, BlueStar Energy Solutions, Central and South West Corp, Indiana Michigan Power Company, Indiana-Kentucky Electric Corporation, Kentucky Power Company, Kingsport Power Company, Memco Barge Line, Ohio Phase-In-Recovery Funding LLC, Ohio Power Company, Ohio Valley Electric Corporation, Public Service Company of Oklahoma, Southwestern Electric Power Company, and Wheeling Power Company.
Read More
This page (NASDAQ:AEP) was last updated on 4/16/2024 by MarketBeat.com Staff

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