
American Electric Power Company, Inc. (NASDAQ:AEP – Free Report) – Stock analysts at Seaport Res Ptn upped their FY2025 earnings per share (EPS) estimates for American Electric Power in a research note issued to investors on Tuesday, October 28th. Seaport Res Ptn analyst A. Storozynski now anticipates that the company will post earnings per share of $5.86 for the year, up from their previous estimate of $5.84. The consensus estimate for American Electric Power’s current full-year earnings is $5.87 per share. Seaport Res Ptn also issued estimates for American Electric Power’s FY2026 earnings at $6.26 EPS and FY2027 earnings at $6.70 EPS.
American Electric Power (NASDAQ:AEP – Get Free Report) last released its earnings results on Wednesday, October 29th. The company reported $1.80 EPS for the quarter, missing the consensus estimate of $1.81 by ($0.01). American Electric Power had a return on equity of 11.29% and a net margin of 17.23%.The company had revenue of $6.01 billion for the quarter, compared to analyst estimates of $5.65 billion. During the same period in the previous year, the firm earned $1.85 earnings per share. The company’s revenue for the quarter was up 10.9% compared to the same quarter last year. American Electric Power has set its FY 2025 guidance at 5.850-5.95 EPS.
Check Out Our Latest Report on American Electric Power
American Electric Power Price Performance
Shares of NASDAQ AEP opened at $120.26 on Friday. American Electric Power has a twelve month low of $89.91 and a twelve month high of $122.85. The stock has a market cap of $64.31 billion, a P/E ratio of 17.53, a P/E/G ratio of 3.22 and a beta of 0.48. The stock has a 50 day moving average of $112.95 and a two-hundred day moving average of $108.50. The company has a current ratio of 0.55, a quick ratio of 0.41 and a debt-to-equity ratio of 1.33.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently bought and sold shares of the business. Harbor Capital Advisors Inc. acquired a new position in shares of American Electric Power in the 3rd quarter valued at approximately $26,000. Meeder Asset Management Inc. bought a new stake in shares of American Electric Power in the third quarter worth $26,000. Advantage Trust Co raised its holdings in American Electric Power by 57.1% in the second quarter. Advantage Trust Co now owns 275 shares of the company’s stock valued at $29,000 after acquiring an additional 100 shares in the last quarter. Montag A & Associates Inc. boosted its stake in American Electric Power by 166.0% during the 2nd quarter. Montag A & Associates Inc. now owns 282 shares of the company’s stock valued at $29,000 after acquiring an additional 176 shares during the last quarter. Finally, Bayforest Capital Ltd acquired a new position in American Electric Power during the 1st quarter worth $31,000. Hedge funds and other institutional investors own 75.24% of the company’s stock.
Insiders Place Their Bets
In other American Electric Power news, EVP Kelly J. Ferneau sold 1,006 shares of the business’s stock in a transaction on Thursday, October 2nd. The shares were sold at an average price of $112.00, for a total value of $112,672.00. Following the transaction, the executive vice president owned 5,676 shares in the company, valued at $635,712. The trade was a 15.06% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Benjamin G. S. Fowke III sold 5,000 shares of the company’s stock in a transaction dated Friday, September 12th. The shares were sold at an average price of $108.65, for a total transaction of $543,250.00. Following the completion of the transaction, the director directly owned 40,898 shares of the company’s stock, valued at approximately $4,443,567.70. The trade was a 10.89% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 11,006 shares of company stock worth $1,243,522. Corporate insiders own 0.07% of the company’s stock.
American Electric Power Increases Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 10th. Stockholders of record on Monday, November 10th will be paid a dividend of $0.95 per share. This is an increase from American Electric Power’s previous quarterly dividend of $0.93. This represents a $3.80 dividend on an annualized basis and a dividend yield of 3.2%. The ex-dividend date is Monday, November 10th. American Electric Power’s payout ratio is 55.39%.
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.
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