Brokers Issue Forecasts for AEP FY2027 Earnings

American Electric Power Company, Inc. (NASDAQ:AEP) – Investment analysts at KeyCorp issued their FY2027 earnings estimates for American Electric Power in a report released on Wednesday, October 15th. KeyCorp analyst S. Karp forecasts that the company will post earnings of $6.76 per share for the year. The consensus estimate for American Electric Power’s current full-year earnings is $5.87 per share. KeyCorp also issued estimates for American Electric Power’s FY2028 earnings at $7.70 EPS.

Several other equities research analysts have also recently issued reports on the stock. Raymond James Financial reissued an “outperform” rating and issued a $122.00 target price (up from $115.00) on shares of American Electric Power in a research report on Thursday, July 31st. Cowen initiated coverage on shares of American Electric Power in a research report on Wednesday. They issued a “buy” rating on the stock. UBS Group raised their target price on shares of American Electric Power from $110.00 to $116.00 and gave the stock a “sell” rating in a research report on Friday, October 10th. BMO Capital Markets raised their target price on shares of American Electric Power from $121.00 to $127.00 and gave the stock an “outperform” rating in a research report on Thursday. Finally, JPMorgan Chase & Co. raised their target price on shares of American Electric Power from $115.00 to $121.00 and gave the stock a “neutral” rating in a research report on Wednesday. Ten equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $119.26.

American Electric Power Price Performance

AEP opened at $117.53 on Friday. The company’s 50 day simple moving average is $111.86 and its 200 day simple moving average is $107.51. The company has a debt-to-equity ratio of 1.33, a quick ratio of 0.41 and a current ratio of 0.55. American Electric Power has a 1 year low of $89.91 and a 1 year high of $120.46. The stock has a market capitalization of $62.85 billion, a PE ratio of 17.18, a P/E/G ratio of 3.10 and a beta of 0.48.

American Electric Power (NASDAQ:AEP) last issued its quarterly earnings results on Wednesday, July 30th. The company reported $1.43 EPS for the quarter, topping analysts’ consensus estimates of $1.27 by $0.16. The business had revenue of $5.09 billion during the quarter, compared to the consensus estimate of $4.85 billion. American Electric Power had a net margin of 17.68% and a return on equity of 11.55%. The company’s quarterly revenue was up 11.1% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.25 earnings per share. American Electric Power has set its FY 2025 guidance at 6.570-6.770 EPS.

American Electric Power Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 10th. Shareholders of record on Friday, August 8th were given a dividend of $0.93 per share. This represents a $3.72 dividend on an annualized basis and a yield of 3.2%. The ex-dividend date of this dividend was Friday, August 8th. American Electric Power’s payout ratio is 54.39%.

Insider Buying and Selling

In other American Electric Power news, EVP Kelly J. Ferneau sold 1,006 shares of American Electric Power stock in a transaction that occurred on Thursday, October 2nd. The shares were sold at an average price of $112.00, for a total transaction of $112,672.00. Following the transaction, the executive vice president directly owned 5,676 shares of the company’s stock, valued at $635,712. The trade was a 15.06% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Benjamin G. S. Fowke III sold 5,000 shares of American Electric Power stock in a transaction that occurred on Friday, September 12th. The shares were sold at an average price of $108.65, for a total transaction of $543,250.00. Following the sale, the director owned 40,898 shares in the company, valued at $4,443,567.70. This represents a 10.89% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 11,006 shares of company stock worth $1,243,522. 0.07% of the stock is currently owned by corporate insiders.

Institutional Trading of American Electric Power

Hedge funds and other institutional investors have recently made changes to their positions in the stock. EQ Wealth Advisors LLC bought a new stake in shares of American Electric Power in the first quarter worth $25,000. Harbor Capital Advisors Inc. bought a new stake in shares of American Electric Power in the third quarter worth $26,000. Advantage Trust Co increased its stake in shares of American Electric Power by 57.1% in the second quarter. Advantage Trust Co now owns 275 shares of the company’s stock worth $29,000 after buying an additional 100 shares during the last quarter. Montag A & Associates Inc. increased its stake in shares of American Electric Power by 166.0% in the second quarter. Montag A & Associates Inc. now owns 282 shares of the company’s stock worth $29,000 after buying an additional 176 shares during the last quarter. Finally, Bayforest Capital Ltd bought a new stake in shares of American Electric Power in the first quarter worth $31,000. Institutional investors own 75.24% of the company’s stock.

About American Electric Power

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.