What is Scotiabank’s Forecast for AEP FY2026 Earnings?

American Electric Power Company, Inc. (NASDAQ:AEP) – Stock analysts at Scotiabank raised their FY2026 EPS estimates for shares of American Electric Power in a note issued to investors on Monday, November 2nd. Scotiabank analyst A. Weisel now expects that the company will post earnings of $6.55 per share for the year, up from their previous estimate of $6.36. Scotiabank currently has a “Sector Perform” rating and a $131.00 price target on the stock. The consensus estimate for American Electric Power’s current full-year earnings is $6.41 per share. Scotiabank also issued estimates for American Electric Power’s FY2027 earnings at $6.95 EPS.

American Electric Power (NASDAQ:AEP) last announced its quarterly earnings results on Wednesday, October 28th. The company reported $2.23 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.04 by $0.19. American Electric Power had a return on equity of 10.52% and a net margin of 14.21%. The firm had revenue of $6.83 billion during the quarter, compared to the consensus estimate of $6.55 billion. During the same period in the prior year, the firm earned $1.80 EPS. The firm’s quarterly revenue was up 13.7% compared to the same quarter last year.

Other equities research analysts have also issued research reports about the company. UBS Group set a $135.00 target price on American Electric Power in a research note on Monday, October 19th. Wells Fargo & Company boosted their price target on American Electric Power from $148.00 to $149.00 and gave the stock an “overweight” rating in a research report on Thursday, October 29th. Wall Street Zen upgraded American Electric Power from a “sell” rating to a “hold” rating in a report on Saturday, October 24th. Mizuho lowered their price objective on shares of American Electric Power from $141.00 to $135.00 and set a “neutral” rating for the company in a research report on Friday, July 31st. Finally, BTIG Research reiterated a “buy” rating and set a $153.00 price objective on shares of American Electric Power in a research note on Thursday, October 29th. Sixteen equities research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $139.83.

American Electric Power Trading Down 0.5%

Shares of AEP opened at $129.24 on Thursday. The stock’s 50-day moving average is $123.82 and its two-hundred day moving average is $128.11. The stock has a market cap of $70.38 billion, a PE ratio of 20.88, a P/E/G ratio of 2.67 and a beta of 0.46. American Electric Power has a 12 month low of $112.54 and a 12 month high of $140.58. The company has a debt-to-equity ratio of 1.46, a current ratio of 0.51 and a quick ratio of 0.40.

Institutional Investors Weigh In On American Electric Power

Several hedge funds and other institutional investors have recently bought and sold shares of the business. BlackRock Inc. acquired a new stake in American Electric Power in the second quarter valued at $6,980,601,000. Bank of America Corp DE bought a new position in American Electric Power during the 2nd quarter valued at $1,678,638,000. GQG Partners LLC acquired a new position in American Electric Power during the 2nd quarter worth $1,404,094,000. Legal & General Group Plc acquired a new position in American Electric Power during the 2nd quarter worth $680,638,000. Finally, Bank of New York Mellon Corp bought a new stake in shares of American Electric Power in the 2nd quarter worth about $495,495,000. 75.24% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, CAO Kate Dixon sold 2,000 shares of the stock in a transaction dated Tuesday, September 8th. The stock was sold at an average price of $125.00, for a total value of $250,000.00. Following the completion of the transaction, the chief accounting officer owned 15,856 shares of the company’s stock, valued at approximately $1,982,000. This represents a 11.20% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.05% of the company’s stock.

American Electric Power Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 10th. Stockholders of record on Tuesday, November 10th will be given a dividend of $0.97 per share. The ex-dividend date of this dividend is Tuesday, November 10th. This is a positive change from American Electric Power’s previous quarterly dividend of $0.95. This represents a $3.88 dividend on an annualized basis and a dividend yield of 3.0%. American Electric Power’s dividend payout ratio is presently 61.39%.

American Electric Power Company Profile

American Electric Power (NASDAQ:AEP) is an electric utility holding company that generates, transmits and distributes electricity to residential, commercial, industrial and institutional customers. Through its operating companies, AEP provides regulated electric service and manages power generation assets using a mix of energy resources, including natural gas, coal, nuclear, hydroelectric and renewable energy.

AEP operates one of the largest electric transmission systems in the United States and supplies electricity across portions of Arkansas, Indiana, Kentucky, Louisiana, Michigan, Ohio, Oklahoma, Tennessee, Texas, Virginia and West Virginia.