Free Trial
NASDAQ:AEP

American Electric Power (AEP) Stock Price, News & Analysis

$102.05
-1.05 (-1.02%)
(As of 09/6/2024 ET)
Today's Range
$101.97
$103.55
50-Day Range
$87.11
$103.10
52-Week Range
$69.38
$104.41
Volume
3.66 million shs
Average Volume
3.24 million shs
Market Capitalization
$53.79 billion
P/E Ratio
18.93
Dividend Yield
3.45%
Price Target
$94.77

American Electric Power MarketRank™ Stock Analysis

Analyst Rating
Hold
2.31 Rating Score
Upside/​Downside
7.1% Downside
$94.77 Price Target
Short Interest
Healthy
1.38% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-5.43
Upright™ Environmental Score
News Sentiment
1.04mentions of American Electric Power in the last 14 days
Based on 19 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
6.44%
From $5.59 to $5.95 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.56 out of 5 stars

Utilities Sector

9th out of 93 stocks

Electric Services Industry

6th out of 46 stocks

AEP stock logo

About American Electric Power Stock (NASDAQ:AEP)

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. The company generates electricity using coal and lignite, natural gas, renewable, nuclear, hydro, solar, wind, and other energy sources. It also supplies and markets electric power at wholesale to other electric utility companies, rural electric cooperatives, municipalities, and other market participants. American Electric Power Company, Inc. was incorporated in 1906 and is headquartered in Columbus, Ohio.

AEP Stock Price History

AEP Stock News Headlines

War on Elon Escalates…
A radical, potentially game-changing technology that threatens to destroy the trillion-dollar, “green energy” grift of the elites. And yet, while it threatens their wealth and power, it could be transformational for both the U.S. economy and your wealth.
American Electric Power (NASDAQ:AEP) PT Raised to $98.00
War on Elon Escalates…
A radical, potentially game-changing technology that threatens to destroy the trillion-dollar, “green energy” grift of the elites. And yet, while it threatens their wealth and power, it could be transformational for both the U.S. economy and your wealth.
AEP Sep 2024 75.000 put (AEP240920P00075000)
AEP Sep 2024 85.000 put
See More Headlines
Receive AEP Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for American Electric Power and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Ex-Dividend for 6/10 Dividend
5/09/2024
Dividend Payable
6/10/2024
Last Earnings
7/30/2024
Ex-Dividend for 9/10 Dividend
8/09/2024
Today
9/07/2024
Dividend Payable
9/10/2024
Next Earnings (Estimated)
11/07/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Utilities
Industry
Electric services
Sub-Industry
Utilities
Current Symbol
NASDAQ:AEP
CIK
4904
Employees
17,250
Year Founded
1906

Price Target and Rating

Average Stock Price Target
$94.77
High Stock Price Target
$108.00
Low Stock Price Target
$83.00
Potential Upside/Downside
-7.1%
Consensus Rating
Hold
Rating Score (0-4)
2.31
Research Coverage
13 Analysts

Profitability

Net Income
$2.21 billion
Pretax Margin
12.61%

Debt

Sales & Book Value

Annual Sales
$19.52 billion
Cash Flow
$11.43 per share
Book Value
$49.19 per share

Miscellaneous

Free Float
526,489,000
Market Cap
$53.79 billion
Optionable
Optionable
Beta
0.54

Social Links

10 Best Stocks to Own in 2024 Cover

Click the link below and we'll send you MarketBeat's list of the 10 best stocks to own in 2024 and why they should be in your portfolio.

Get This Free Report

Key Executives

  • Mr. Benjamin Gwynn Stonestreet Fowke III (Age 66)
    Interim President, Interim CEO & Director
    Comp: $153.13k
  • Mr. Charles E. ZebulaMr. Charles E. Zebula (Age 63)
    Executive VP & CFO
    Comp: $953.29k
  • Mr. David M. Feinberg (Age 54)
    Executive VP, General Counsel & Secretary
    Comp: $1.12M
  • Mr. Christian T. Beam (Age 55)
    Executive Vice President of Energy Services
    Comp: $976.4k
  • Ms. Peggy I. Simmons (Age 46)
    Executive Vice President of Utilities
    Comp: $892.98k
  • Ms. Kate Sturgess (Age 38)
    Senior VP, Controller, Chief Accounting Officer & Principal Accounting Officer
  • Ms. Therace M. RischMs. Therace M. Risch (Age 51)
    Executive VP and Chief Information & Technology Officer
  • Darcy Reese
    Vice President of Investor Relations
  • Gina E. Mazzei-Smith (Age 57)
    Chief Compliance Officer
  • Mr. Chris Brathwaite
    VP & Chief Communications Officer

Should I Buy American Electric Power Stock? AEP Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in American Electric Power Company, Inc.:

  • American Electric Power has a market capitalization of $51.79 billion, indicating a strong presence and stability in the market.
  • The company's price-to-earnings ratio of 18.23 suggests that the stock may be undervalued compared to its peers, potentially offering a good entry point for investors.
  • A dividend yield of 3.58% provides investors with a steady income stream, which can be attractive for those seeking regular returns.
  • Analysts have given American Electric Power a consensus rating of "Hold," indicating a balanced outlook on the stock's performance.
  • The recent price performance of AEP stock shows an upward trend, reaching $97.54, potentially signaling positive momentum.

Cons

Investors should be bearish about investing in American Electric Power Company, Inc. for these reasons:

  • The company's current ratio of 0.65 and quick ratio of 0.37 indicate potential liquidity challenges, which could pose risks during economic downturns.
  • A debt-to-equity ratio of 1.53 suggests that American Electric Power relies heavily on debt financing, which may increase financial leverage and interest payments.
  • The PEG ratio of 2.92 is higher than the industry average, indicating that the stock may be overvalued relative to its earnings growth potential.
  • Insider selling activity, such as EVPs Greg B. Hall and Antonio P. Smyth selling significant amounts of shares, could signal lack of confidence in the company's future performance.
  • While the company has a beta of 0.53, indicating lower volatility compared to the market, it may also result in slower price movements during bullish market conditions.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Monday, August 26, 2024. Please send any questions or comments about these American Electric Power pros and cons to contact@marketbeat.com.

AEP Stock Analysis - Frequently Asked Questions

How have AEP shares performed this year?

American Electric Power's stock was trading at $81.22 at the beginning of the year. Since then, AEP shares have increased by 25.6% and is now trading at $102.05.
View the best growth stocks for 2024 here
.

How were American Electric Power's earnings last quarter?

American Electric Power Company, Inc. (NASDAQ:AEP) issued its quarterly earnings data on Tuesday, July, 30th. The company reported $1.25 EPS for the quarter, topping the consensus estimate of $1.23 by $0.02. The business's quarterly revenue was up 4.5% on a year-over-year basis.
Read the conference call transcript
.

Does American Electric Power have any subsidiaries?

American Electric Power subsidiaries include these companies: BlueStar Energy Solutions, Memco Barge Line, Central and South West Corp, AEP Energy Supply LLC, AEP Generating Company, AEP Generation Resources Inc., AEP Texas Central Transition Funding III LLC, and others.

Who are American Electric Power's major shareholders?

Top institutional investors of American Electric Power include Massachusetts Financial Services Co. MA (0.98%), Legal & General Group Plc (0.97%), Federated Hermes Inc. (0.84%) and Allspring Global Investments Holdings LLC (0.80%). Insiders that own company stock include Nicholas K Akins, Julia A Sloat, Charles E Zebula, Lisa M Barton, David Matthew Feinberg, Therace Risch, Antonio P Smyth, Greg B Hall, Paul Chodak III, Jospeh M Buonaiuto and Charles R Patton.
View institutional ownership trends
.

How do I buy shares of American Electric Power?

Shares of AEP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:AEP) was last updated on 9/7/2024 by MarketBeat.com Staff

From Our Partners