American Electric Power Company, Inc. (NASDAQ:AEP - Free Report) - Investment analysts at Scotiabank issued their FY2026 earnings per share (EPS) estimates for American Electric Power in a note issued to investors on Wednesday, January 8th. Scotiabank analyst A. Weisel expects that the company will post earnings of $6.23 per share for the year. Scotiabank has a "Sector Perform" rating and a $102.00 price objective on the stock. The consensus estimate for American Electric Power's current full-year earnings is $5.62 per share.
AEP has been the topic of a number of other research reports. Morgan Stanley dropped their price target on shares of American Electric Power from $109.00 to $104.00 and set an "overweight" rating on the stock in a report on Friday, November 22nd. Evercore ISI lowered their price target on American Electric Power from $97.00 to $96.00 and set an "in-line" rating on the stock in a report on Thursday, November 7th. Wells Fargo & Company cut their price objective on American Electric Power from $104.00 to $102.00 and set an "equal weight" rating for the company in a report on Thursday, November 7th. Jefferies Financial Group initiated coverage on American Electric Power in a research report on Friday, September 20th. They issued a "hold" rating and a $107.00 target price on the stock. Finally, BMO Capital Markets raised their price objective on shares of American Electric Power from $104.00 to $108.00 and gave the stock an "outperform" rating in a report on Monday, December 2nd. Two research analysts have rated the stock with a sell rating, ten have given a hold rating and four have assigned a buy rating to the company's stock. According to data from MarketBeat.com, American Electric Power currently has an average rating of "Hold" and a consensus target price of $97.13.
Get Our Latest Stock Report on AEP
American Electric Power Stock Performance
Shares of NASDAQ:AEP traded up $1.79 during midday trading on Thursday, reaching $92.26. 2,591,493 shares of the company's stock traded hands, compared to its average volume of 2,440,236. The company has a debt-to-equity ratio of 1.47, a quick ratio of 0.41 and a current ratio of 0.57. American Electric Power has a one year low of $75.22 and a one year high of $105.18. The company has a market cap of $49.09 billion, a price-to-earnings ratio of 18.49, a P/E/G ratio of 2.70 and a beta of 0.56. The stock has a 50 day moving average of $94.79 and a 200 day moving average of $96.52.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently modified their holdings of the company. HHM Wealth Advisors LLC boosted its holdings in shares of American Electric Power by 57.2% in the 2nd quarter. HHM Wealth Advisors LLC now owns 283 shares of the company's stock worth $25,000 after purchasing an additional 103 shares during the period. Legacy Investment Solutions LLC bought a new position in American Electric Power during the third quarter valued at $25,000. Safe Harbor Fiduciary LLC bought a new stake in shares of American Electric Power in the 3rd quarter worth about $33,000. Reston Wealth Management LLC bought a new position in American Electric Power during the 3rd quarter valued at about $48,000. Finally, Future Financial Wealth Managment LLC purchased a new stake in American Electric Power in the 3rd quarter worth about $50,000. 75.24% of the stock is currently owned by institutional investors.
American Electric Power Increases Dividend
The company also recently announced a quarterly dividend, which was paid on Tuesday, December 10th. Investors of record on Friday, November 8th were given a $0.93 dividend. This is an increase from American Electric Power's previous quarterly dividend of $0.88. This represents a $3.72 dividend on an annualized basis and a dividend yield of 4.03%. The ex-dividend date was Friday, November 8th. American Electric Power's payout ratio is currently 74.55%.
American Electric Power Company Profile
(
Get Free Report)
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.
Featured Stories
Before you consider American Electric Power, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and American Electric Power wasn't on the list.
While American Electric Power currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
If a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know?
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.