American Electric Power (NASDAQ:AEP) Releases Earnings Results, Hits Expectations

American Electric Power (NASDAQ:AEP) posted its earnings results on Thursday. The company reported $1.24 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $1.24, Zacks reports. American Electric Power had a net margin of 13.48% and a return on equity of 11.41%. During the same quarter in the previous year, the firm posted $1.23 earnings per share. American Electric Power updated its FY 2025 guidance to 5.750-5.950 EPS.

American Electric Power Trading Up 0.8 %

Shares of NASDAQ:AEP traded up $0.84 during mid-day trading on Friday, hitting $101.83. The company had a trading volume of 2,770,820 shares, compared to its average volume of 3,437,045. The firm has a fifty day moving average price of $95.57 and a 200 day moving average price of $97.95. The company has a market capitalization of $54.19 billion, a PE ratio of 20.41, a price-to-earnings-growth ratio of 2.84 and a beta of 0.58. The company has a debt-to-equity ratio of 1.47, a current ratio of 0.57 and a quick ratio of 0.41. American Electric Power has a one year low of $79.01 and a one year high of $105.18.

American Electric Power Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, March 10th. Stockholders of record on Monday, February 10th will be given a $0.93 dividend. The ex-dividend date of this dividend is Monday, February 10th. This represents a $3.72 dividend on an annualized basis and a dividend yield of 3.65%. American Electric Power’s dividend payout ratio (DPR) is currently 74.55%.

Analysts Set New Price Targets

AEP has been the topic of a number of recent research reports. UBS Group raised their price target on shares of American Electric Power from $91.00 to $95.00 and gave the stock a “sell” rating in a research report on Thursday, November 7th. Scotiabank lowered shares of American Electric Power from a “sector outperform” rating to a “sector perform” rating and lowered their price target for the stock from $105.00 to $102.00 in a research report on Thursday, December 12th. Guggenheim raised shares of American Electric Power from a “neutral” rating to a “buy” rating in a research report on Thursday, January 23rd. Wells Fargo & Company lowered their price target on shares of American Electric Power from $104.00 to $102.00 and set an “equal weight” rating on the stock in a research report on Thursday, November 7th. Finally, Evercore ISI lowered their price target on shares of American Electric Power from $97.00 to $96.00 and set an “in-line” rating on the stock in a research report on Thursday, November 7th. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating and six have issued a buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $98.00.

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.