American Express (AXP) to Release Earnings on Thursday

American Express (NYSE:AXP - Get Free Report) is projected to release its earnings data before the market opens on Thursday, April 17th. Analysts expect American Express to post earnings of $3.47 per share and revenue of $17.04 billion for the quarter. American Express has set its FY 2025 guidance at 15.000-15.500 EPS.Individual that are interested in participating in the company's earnings conference call can do so using this link.

American Express (NYSE:AXP - Get Free Report) last posted its earnings results on Friday, January 24th. The payment services company reported $3.04 EPS for the quarter, topping the consensus estimate of $3.00 by $0.04. American Express had a net margin of 15.36% and a return on equity of 32.65%. On average, analysts expect American Express to post $15 EPS for the current fiscal year and $18 EPS for the next fiscal year.

American Express Stock Up 1.0 %

Shares of NYSE:AXP traded up $2.49 on Tuesday, reaching $257.87. The company had a trading volume of 3,507,721 shares, compared to its average volume of 2,883,844. The stock has a market capitalization of $181.16 billion, a P/E ratio of 18.41, a P/E/G ratio of 1.41 and a beta of 1.16. The stock has a 50-day moving average price of $276.48 and a 200 day moving average price of $288.09. American Express has a twelve month low of $216.51 and a twelve month high of $326.28. The company has a quick ratio of 1.57, a current ratio of 1.58 and a debt-to-equity ratio of 1.64.

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American Express Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, May 9th. Investors of record on Friday, April 4th will be issued a $0.82 dividend. This is a positive change from American Express's previous quarterly dividend of $0.70. This represents a $3.28 annualized dividend and a yield of 1.27%. The ex-dividend date is Friday, April 4th. American Express's payout ratio is 23.41%.

Insider Activity

In other news, Director Michael J. Angelakis bought 3,700 shares of the stock in a transaction dated Friday, March 7th. The shares were acquired at an average price of $269.89 per share, with a total value of $998,593.00. Following the acquisition, the director now owns 3,700 shares in the company, valued at $998,593. This trade represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Raymond Joabar sold 15,179 shares of the stock in a transaction dated Tuesday, January 28th. The stock was sold at an average price of $313.94, for a total transaction of $4,765,295.26. Following the sale, the insider now owns 23,866 shares of the company's stock, valued at $7,492,492.04. This trade represents a 38.88 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 0.20% of the company's stock.

Institutional Trading of American Express

An institutional investor recently raised its position in American Express stock. Brighton Jones LLC increased its holdings in shares of American Express (NYSE:AXP - Free Report) by 24.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 6,481 shares of the payment services company's stock after acquiring an additional 1,273 shares during the period. Brighton Jones LLC's holdings in American Express were worth $1,924,000 at the end of the most recent quarter. Institutional investors own 84.33% of the company's stock.

Analyst Upgrades and Downgrades

AXP has been the topic of a number of recent analyst reports. Truist Financial dropped their price target on shares of American Express from $350.00 to $343.00 and set a "buy" rating on the stock in a research report on Friday, April 4th. Monness Crespi & Hardt lifted their target price on shares of American Express from $330.00 to $355.00 and gave the stock a "buy" rating in a report on Monday, January 27th. Morgan Stanley upped their price target on shares of American Express from $305.00 to $310.00 and gave the company an "equal weight" rating in a report on Monday, January 27th. Bank of America upgraded American Express from a "neutral" rating to a "buy" rating and dropped their price objective for the stock from $325.00 to $274.00 in a research note on Friday. Finally, BTIG Research increased their target price on American Express from $266.00 to $270.00 and gave the company a "sell" rating in a research note on Friday, January 24th. Two analysts have rated the stock with a sell rating, fifteen have assigned a hold rating and nine have issued a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus target price of $296.81.

About American Express

American Express Company, together with its subsidiaries, operates as integrated payments company in the United States, Europe, the Middle East and Africa, the Asia Pacific, Australia, New Zealand, Latin America, Canada, the Caribbean, and Internationally. It operates through four segments: U.S. Consumer Services, Commercial Services, International Card Services, and Global Merchant and Network Services.