American Electric Power (NASDAQ:AEP) Posts Earnings Results, Hits Estimates

American Electric Power (NASDAQ:AEP - Get Free Report) issued its quarterly earnings results on Thursday. The company reported $1.24 earnings per share for the quarter, hitting analysts' consensus estimates of $1.24, Zacks reports. American Electric Power had a net margin of 13.48% and a return on equity of 11.41%. During the same quarter in the prior year, the firm posted $1.23 earnings per share. American Electric Power updated its FY 2025 guidance to 5.750-5.950 EPS.

American Electric Power Trading Up 0.8 %

Shares of AEP traded up $0.84 during mid-day trading on Monday, reaching $101.83. 2,770,820 shares of the company were exchanged, compared to its average volume of 3,437,045. The business has a 50 day simple moving average of $95.57 and a two-hundred day simple moving average of $97.95. The company has a debt-to-equity ratio of 1.47, a quick ratio of 0.41 and a current ratio of 0.57. The stock has a market capitalization of $54.19 billion, a PE ratio of 20.41, a PEG ratio of 2.84 and a beta of 0.58. American Electric Power has a 52 week low of $79.01 and a 52 week high of $105.18.

American Electric Power Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 10th. Shareholders of record on Monday, February 10th will be given a $0.93 dividend. The ex-dividend date is Monday, February 10th. This represents a $3.72 dividend on an annualized basis and a dividend yield of 3.65%. American Electric Power's dividend payout ratio (DPR) is presently 74.55%.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on AEP shares. BMO Capital Markets lowered their price target on American Electric Power from $108.00 to $100.00 and set an "outperform" rating for the company in a report on Friday, January 10th. Guggenheim raised American Electric Power from a "neutral" rating to a "buy" rating in a research note on Thursday, January 23rd. UBS Group raised their price target on shares of American Electric Power from $91.00 to $95.00 and gave the company a "sell" rating in a research note on Thursday, November 7th. Wells Fargo & Company lowered their price objective on shares of American Electric Power from $104.00 to $102.00 and set an "equal weight" rating for the company in a research report on Thursday, November 7th. Finally, Barclays cut their target price on shares of American Electric Power from $100.00 to $99.00 and set an "equal weight" rating on the stock in a research report on Tuesday, November 26th. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and an average price target of $98.00.

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.