Q4 2024 Earnings Forecast for American Electric Power Company, Inc. Issued By Zacks Research (NASDAQ:AEP)

American Electric Power Company, Inc. (NASDAQ:AEP) – Analysts at Zacks Research decreased their Q4 2024 earnings per share (EPS) estimates for shares of American Electric Power in a research report issued on Wednesday, April 24th. Zacks Research analyst R. Department now forecasts that the company will earn $1.48 per share for the quarter, down from their prior estimate of $1.49. The consensus estimate for American Electric Power’s current full-year earnings is $5.54 per share. Zacks Research also issued estimates for American Electric Power’s Q3 2025 earnings at $1.39 EPS, Q4 2025 earnings at $2.02 EPS and FY2025 earnings at $5.90 EPS.

Several other research analysts also recently weighed in on the company. Guggenheim downgraded American Electric Power from a “buy” rating to a “neutral” rating and set a $81.00 price target for the company. in a report on Monday, January 22nd. Mizuho downgraded American Electric Power from a “buy” rating to a “neutral” rating and set a $83.00 target price on the stock. in a research report on Thursday, January 11th. UBS Group cut American Electric Power from a “neutral” rating to a “sell” rating and lowered their price target for the company from $86.00 to $83.00 in a report on Monday, March 11th. Scotiabank cut their price objective on American Electric Power from $92.00 to $86.00 and set a “sector outperform” rating on the stock in a report on Monday, April 22nd. Finally, BMO Capital Markets boosted their target price on American Electric Power from $87.00 to $88.00 and gave the stock an “outperform” rating in a report on Tuesday, February 27th. Three equities research analysts have rated the stock with a sell rating, three have issued a hold rating and seven have issued a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $86.08.

American Electric Power Stock Performance

NASDAQ:AEP opened at $85.26 on Friday. The company has a debt-to-equity ratio of 1.49, a current ratio of 0.53 and a quick ratio of 0.36. The firm has a market cap of $44.90 billion, a PE ratio of 20.06, a P/E/G ratio of 3.05 and a beta of 0.51. The firm has a 50 day simple moving average of $83.53 and a 200-day simple moving average of $80.42. American Electric Power has a 1-year low of $69.38 and a 1-year high of $93.56.

American Electric Power (NASDAQ:AEP) last posted its quarterly earnings data on Tuesday, February 27th. The company reported $1.23 EPS for the quarter, missing analysts’ consensus estimates of $1.26 by ($0.03). The company had revenue of $4.60 billion for the quarter, compared to analysts’ expectations of $5.12 billion. American Electric Power had a return on equity of 11.04% and a net margin of 11.64%. The company’s revenue for the quarter was down 6.1% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.05 EPS.

Institutional Investors Weigh In On American Electric Power

A number of large investors have recently added to or reduced their stakes in the company. Caprock Group LLC purchased a new stake in shares of American Electric Power during the third quarter worth about $251,000. Advisory Alpha LLC raised its position in shares of American Electric Power by 50.7% in the 3rd quarter. Advisory Alpha LLC now owns 3,792 shares of the company’s stock valued at $285,000 after purchasing an additional 1,275 shares in the last quarter. Czech National Bank raised its position in shares of American Electric Power by 47.8% in the 3rd quarter. Czech National Bank now owns 90,043 shares of the company’s stock valued at $6,773,000 after purchasing an additional 29,102 shares in the last quarter. Spirit of America Management Corp NY boosted its stake in shares of American Electric Power by 27.5% during the 3rd quarter. Spirit of America Management Corp NY now owns 10,650 shares of the company’s stock valued at $801,000 after buying an additional 2,300 shares during the last quarter. Finally, Ballentine Partners LLC grew its position in shares of American Electric Power by 26.3% during the third quarter. Ballentine Partners LLC now owns 7,545 shares of the company’s stock worth $568,000 after buying an additional 1,569 shares in the last quarter. 75.24% of the stock is owned by institutional investors and hedge funds.

American Electric Power Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, June 10th. Stockholders of record on Friday, May 10th will be given a dividend of $0.88 per share. The ex-dividend date is Thursday, May 9th. This represents a $3.52 dividend on an annualized basis and a dividend yield of 4.13%. American Electric Power’s payout ratio is currently 82.82%.

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.