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NASDAQ:AEP

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

$103.22
-0.99 (-0.95%)
(As of 09/18/2024 ET)

About American Electric Power Stock (NASDAQ:AEP)

Key Stats

Today's Range
$102.56
$104.31
50-Day Range
$90.84
$104.95
52-Week Range
$69.38
$105.18
Volume
1.89 million shs
Average Volume
3.19 million shs
Market Capitalization
$54.41 billion
P/E Ratio
19.15
Dividend Yield
3.41%
Price Target
$95.15
Consensus Rating
Hold

Company Overview

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.

American Electric Power Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks

Overall MarketRank™: 87th Percentile

American Electric Power scored higher than 87% of companies evaluated by MarketBeat, and ranked 26th out of 97 stocks in the utilities sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    American Electric Power has received a consensus rating of Hold. The company's average rating score is 2.31, and is based on 6 buy ratings, 5 hold ratings, and 2 sell ratings.

  • Amount of Analyst Coverage

    American Electric Power has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about American Electric Power's stock forecast and price target.
  • Earnings Growth

    Earnings for American Electric Power are expected to grow by 6.62% in the coming year, from $5.59 to $5.96 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of American Electric Power is 19.15, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.39.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of American Electric Power is 19.15, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 93.02.

  • Price to Earnings Growth Ratio

    American Electric Power has a PEG Ratio of 2.95. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    American Electric Power has a P/B Ratio of 2.15. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about American Electric Power's valuation and earnings.
  • Percentage of Shares Shorted

    1.49% of the outstanding shares of American Electric Power have been sold short.
  • Short Interest Ratio / Days to Cover

    American Electric Power has a short interest ratio ("days to cover") of 2.8, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in American Electric Power has recently increased by 8.14%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    American Electric Power pays a meaningful dividend of 3.41%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    American Electric Power has been increasing its dividend for 14 years.

  • Dividend Coverage

    The dividend payout ratio of American Electric Power is 65.31%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, American Electric Power will have a dividend payout ratio of 59.06% next year. This indicates that American Electric Power will be able to sustain or increase its dividend.

  • Read more about American Electric Power's dividend.
  • Percentage of Shares Shorted

    1.49% of the outstanding shares of American Electric Power have been sold short.
  • Short Interest Ratio / Days to Cover

    American Electric Power has a short interest ratio ("days to cover") of 2.8, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in American Electric Power has recently increased by 8.14%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    American Electric Power has a news sentiment score of 0.77. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.53 average news sentiment score of Utilities companies.
  • News Coverage This Week

    MarketBeat has tracked 22 news articles for American Electric Power this week, compared to 11 articles on an average week.
  • Search Interest

    37 people have searched for AEP on MarketBeat in the last 30 days. This is an increase of 37% compared to the previous 30 days.
  • MarketBeat Follows

    Only 4 people have added American Electric Power to their MarketBeat watchlist in the last 30 days. This is a decrease of -73% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, American Electric Power insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 0.12% of the stock of American Electric Power is held by insiders.

  • Percentage Held by Institutions

    75.24% of the stock of American Electric Power is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about American Electric Power's insider trading history.

AEP Stock News Headlines

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See More Headlines

AEP Stock Analysis - Frequently Asked Questions

American Electric Power's stock was trading at $81.22 at the start of the year. Since then, AEP shares have increased by 27.1% and is now trading at $103.22.
View the best growth stocks for 2024 here
.

American Electric Power Company, Inc. (NASDAQ:AEP) posted its quarterly earnings results on Tuesday, July, 30th. The company reported $1.25 EPS for the quarter, topping the consensus estimate of $1.23 by $0.02. American Electric Power's revenue was up 4.5% compared to the same quarter last year.
Read the conference call transcript
.

American Electric Power subsidiaries include 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 more.

American Electric Power's top institutional investors 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
.

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.

Company Calendar

Last Earnings
7/30/2024
Ex-Dividend for 9/10 Dividend
8/09/2024
Dividend Payable
9/10/2024
Today
9/18/2024
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
$95.15
High Stock Price Target
$109.00
Low Stock Price Target
$83.00
Potential Upside/Downside
-7.8%
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
$11.26 per share
Book Value
$48.06 per share

Miscellaneous

Free Float
526,489,000
Market Cap
$54.41 billion
Optionable
Optionable
Beta
0.54

Social Links

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

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.

American Electric Power
Bull Case

green Wall Street bull icon

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.

American Electric Power
Bear Case

red Wall Street bear icon

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.

This page (NASDAQ:AEP) was last updated on 9/18/2024 by MarketBeat.com Staff
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