American Electric Power (NASDAQ:AEP) Issues Quarterly Earnings Results

American Electric Power (NASDAQ:AEP) issued its quarterly earnings results on Tuesday. The company reported $1.54 earnings per share for the quarter, missing analysts’ consensus estimates of $1.88 by ($0.34), RTT News reports. American Electric Power had a return on equity of 11.27% and a net margin of 15.08%. During the same period in the previous year, the business posted $1.27 EPS. American Electric Power updated its FY 2025 guidance to 5.710-5.910 EPS.

American Electric Power Stock Down 0.2 %

NASDAQ AEP opened at $107.44 on Tuesday. The business has a fifty day moving average price of $105.64 and a 200 day moving average price of $100.09. The company has a debt-to-equity ratio of 1.46, a quick ratio of 0.31 and a current ratio of 0.44. The company has a market cap of $57.34 billion, a P/E ratio of 19.19, a P/E/G ratio of 2.97 and a beta of 0.45. American Electric Power has a one year low of $85.93 and a one year high of $110.48.

American Electric Power Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 10th. Stockholders of record on Friday, May 9th will be given a $0.93 dividend. The ex-dividend date of this dividend is Friday, May 9th. This represents a $3.72 annualized dividend and a dividend yield of 3.46%. American Electric Power’s dividend payout ratio (DPR) is presently 66.43%.

Analyst Ratings Changes

Several research firms have weighed in on AEP. Guggenheim raised shares of American Electric Power from a “neutral” rating to a “buy” rating in a research report on Thursday, January 23rd. Barclays upped their target price on American Electric Power from $95.00 to $106.00 and gave the company an “equal weight” rating in a research report on Tuesday, April 22nd. BMO Capital Markets raised their target price on American Electric Power from $111.00 to $115.00 and gave the stock an “outperform” rating in a research note on Monday, April 21st. Bank of America boosted their price target on American Electric Power from $108.00 to $114.00 and gave the company a “buy” rating in a research note on Tuesday, March 18th. Finally, Morgan Stanley set a $114.00 price objective on American Electric Power and gave the stock an “overweight” rating in a research note on Wednesday, April 23rd. One analyst has rated the stock with a sell rating, eight have given a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $101.83.

Institutional Investors Weigh In On American Electric Power

A hedge fund recently raised its stake in American Electric Power stock. Brighton Jones LLC grew its holdings in American Electric Power Company, Inc. (NASDAQ:AEP) by 11.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,601 shares of the company’s stock after purchasing an additional 1,095 shares during the quarter. Brighton Jones LLC’s holdings in American Electric Power were worth $978,000 as of its most recent SEC filing. 75.24% of the stock is currently owned by hedge funds and other institutional investors.

About American Electric Power

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.