American Express (NYSE:AXP) Issues FY 2025 Earnings Guidance

American Express (NYSE:AXP) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 15.000-15.500 for the period, compared to the consensus estimate of 15.250. The company issued revenue guidance of $71.2 billion-$72.5 billion, compared to the consensus revenue estimate of $71.3 billion.

American Express Stock Performance

Shares of American Express stock traded up $9.52 during trading hours on Tuesday, reaching $252.03. 929,706 shares of the stock traded hands, compared to its average volume of 2,866,003. The company has a quick ratio of 1.57, a current ratio of 1.58 and a debt-to-equity ratio of 1.64. The firm has a market capitalization of $177.06 billion, a price-to-earnings ratio of 17.96, a P/E/G ratio of 1.41 and a beta of 1.16. The company has a 50 day moving average price of $271.60 and a 200 day moving average price of $287.61. American Express has a one year low of $220.43 and a one year high of $326.28.

American Express (NYSE:AXP - Get Free Report) last issued its quarterly earnings data on Thursday, April 17th. The payment services company reported $3.64 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.47 by $0.17. American Express had a net margin of 15.36% and a return on equity of 32.65%. The firm had revenue of $16.97 billion during the quarter, compared to the consensus estimate of $17.04 billion. During the same quarter in the previous year, the firm posted $3.33 EPS. On average, equities research analysts expect that American Express will post 15.33 earnings per share for the current fiscal year.

American Express Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 9th. Investors of record on Friday, April 4th will be given a dividend of $0.82 per share. The ex-dividend date of this dividend is Friday, April 4th. This represents a $3.28 annualized dividend and a dividend yield of 1.30%. This is a boost from American Express's previous quarterly dividend of $0.70. American Express's dividend payout ratio (DPR) is currently 22.91%.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on AXP shares. Truist Financial reduced their price objective on shares of American Express from $340.00 to $315.00 and set a "buy" rating on the stock in a research report on Tuesday. Bank of America upgraded American Express from a "neutral" rating to a "buy" rating and decreased their target price for the stock from $325.00 to $274.00 in a research report on Friday, April 11th. Monness Crespi & Hardt raised their target price on shares of American Express from $275.00 to $285.00 and gave the company a "buy" rating in a report on Monday. Argus cut American Express from a "strong-buy" rating to a "hold" rating in a research note on Friday, March 14th. Finally, William Blair restated an "outperform" rating on shares of American Express in a report on Monday. Two equities research analysts have rated the stock with a sell rating, fifteen have issued a hold rating and nine have issued a buy rating to the stock. According to MarketBeat, the company currently has an average rating of "Hold" and a consensus target price of $289.57.

Insider Buying and Selling

In other news, Director Michael J. Angelakis purchased 3,700 shares of the stock in a transaction that occurred on Friday, March 7th. The shares were purchased at an average cost of $269.89 per share, with a total value of $998,593.00. Following the completion of the acquisition, the director now owns 3,700 shares of the company's stock, valued at approximately $998,593. This represents a ∞ increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Ravikumar Radhakrishnan sold 9,485 shares of American Express stock in a transaction dated Wednesday, February 5th. The shares were sold at an average price of $319.17, for a total value of $3,027,327.45. Following the completion of the transaction, the insider now owns 13,500 shares of the company's stock, valued at approximately $4,308,795. This represents a 41.27 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 0.20% of the company's stock.

Institutional Inflows and Outflows

An institutional investor recently raised its position in American Express stock. Brighton Jones LLC lifted its stake in American Express (NYSE:AXP - Free Report) by 24.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 6,481 shares of the payment services company's stock after purchasing an additional 1,273 shares during the quarter. Brighton Jones LLC's holdings in American Express were worth $1,924,000 at the end of the most recent reporting period. Hedge funds and other institutional investors own 84.33% of the company's stock.

American Express Company Profile

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.