What is KeyCorp’s Forecast for AEP Q2 Earnings?

American Electric Power Company, Inc. (NASDAQ:AEP) – Equities research analysts at KeyCorp issued their Q2 2026 earnings per share (EPS) estimates for American Electric Power in a research note issued to investors on Wednesday, July 22nd. KeyCorp analyst S. Karp anticipates that the company will post earnings of $1.50 per share for the quarter. The consensus estimate for American Electric Power’s current full-year earnings is $6.35 per share. KeyCorp also issued estimates for American Electric Power’s FY2026 earnings at $6.36 EPS, FY2027 earnings at $6.82 EPS, FY2028 earnings at $7.57 EPS, FY2029 earnings at $8.25 EPS and FY2030 earnings at $9.10 EPS.

American Electric Power (NASDAQ:AEP) last issued its quarterly earnings results on Tuesday, May 5th. The company reported $1.64 earnings per share for the quarter, beating analysts’ consensus estimates of $1.57 by $0.07. The company had revenue of $6.02 billion during the quarter, compared to the consensus estimate of $5.72 billion. American Electric Power had a net margin of 16.29% and a return on equity of 10.21%. American Electric Power’s revenue was up 10.2% on a year-over-year basis. During the same period in the prior year, the company earned $1.54 EPS. American Electric Power has set its FY 2026 guidance at 6.120-6.420 EPS.

AEP has been the topic of several other research reports. Morgan Stanley lifted their price target on shares of American Electric Power from $136.00 to $139.00 and gave the stock an “overweight” rating in a research report on Wednesday. TD Cowen raised their price objective on American Electric Power from $141.00 to $148.00 and gave the stock a “buy” rating in a research note on Friday, May 15th. JPMorgan Chase & Co. decreased their target price on American Electric Power from $141.00 to $140.00 and set a “neutral” rating on the stock in a report on Friday, May 15th. Scotiabank boosted their target price on American Electric Power from $131.00 to $140.00 and gave the stock a “sector perform” rating in a research report on Wednesday, May 6th. Finally, Barclays upped their target price on American Electric Power from $136.00 to $138.00 and gave the company an “equal weight” rating in a report on Monday, July 13th. Thirteen analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $141.71.

American Electric Power Stock Up 1.4%

NASDAQ AEP opened at $134.92 on Friday. American Electric Power has a 12 month low of $105.70 and a 12 month high of $140.58. The company has a market capitalization of $73.41 billion, a P/E ratio of 19.81, a PEG ratio of 2.39 and a beta of 0.52. The company’s 50 day simple moving average is $131.49 and its 200 day simple moving average is $129.18. The company has a debt-to-equity ratio of 1.42, a current ratio of 0.53 and a quick ratio of 0.39.

American Electric Power Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Monday, August 10th will be given a dividend of $0.95 per share. This represents a $3.80 annualized dividend and a yield of 2.8%. The ex-dividend date is Monday, August 10th. American Electric Power’s payout ratio is presently 55.80%.

Institutional Trading of American Electric Power

Several hedge funds and other institutional investors have recently modified their holdings of the business. Soroban Capital Partners LP increased its holdings in shares of American Electric Power by 176.3% in the 2nd quarter. Soroban Capital Partners LP now owns 4,004,686 shares of the company’s stock valued at $415,526,000 after purchasing an additional 2,555,415 shares during the period. Janus Henderson Group PLC boosted its holdings in shares of American Electric Power by 8,776.8% during the first quarter. Janus Henderson Group PLC now owns 2,219,198 shares of the company’s stock worth $290,894,000 after purchasing an additional 2,194,198 shares during the period. State Street Corp grew its position in American Electric Power by 5.2% during the fourth quarter. State Street Corp now owns 30,437,776 shares of the company’s stock valued at $3,509,780,000 after purchasing an additional 1,514,865 shares in the last quarter. AQR Capital Management LLC grew its position in American Electric Power by 118.2% during the third quarter. AQR Capital Management LLC now owns 2,585,605 shares of the company’s stock valued at $286,692,000 after purchasing an additional 1,400,547 shares in the last quarter. Finally, Victory Capital Management Inc. increased its stake in American Electric Power by 17.4% in the 4th quarter. Victory Capital Management Inc. now owns 6,316,688 shares of the company’s stock valued at $728,378,000 after buying an additional 937,346 shares during the period. Institutional investors and hedge funds own 75.24% of the company’s stock.

Key Stories Impacting American Electric Power

Here are the key news stories impacting American Electric Power this week:

• Positive Sentiment: Analysts were reported as bullish on American Electric Power and other utilities, which can bolster sentiment for AEP as investors look for defensive, income-oriented names. Analysts Are Bullish on These Utilities Stocks: Atmos Energy (ATO), American Electric Power (AEP)
• Positive Sentiment: Coverage highlighting AEP as a defensive stock for stability may be attracting investors seeking lower-volatility names amid broader market uncertainty. Beyond the AI Trade: 3 Defensive Stocks Built for Stability (AEP)
• Neutral Sentiment: Wall Street expects year-over-year earnings growth when AEP reports next week, but Zacks noted the company may not have the ideal setup for an earnings beat, keeping expectations balanced. American Electric Power (AEP) Reports Next Week: Wall Street Expects Earnings Growth
• Neutral Sentiment: The company is also widely expected to announce earnings on Thursday, which keeps attention focused on the upcoming report rather than on a new operational catalyst. American Electric Power (AEP) Projected to Announce Earnings on Thursday
• Negative Sentiment: BMO Capital Markets lowered its price target on AEP to $139 from $141, signaling slightly softer valuation expectations even while maintaining a market-perform view. American Electric Power had its price target lowered by BMO Capital Markets from $141.00 to $139.00
• Negative Sentiment: Recent articles questioning whether AEP is fully valued and suggesting the stock may be pricey despite its large capital plan could weigh on the shares. American Electric Power (AEP) Stock Could Be Pricey Despite Its $78b Capital Plan

American Electric Power Company Profile

American Electric Power (NASDAQ: AEP) is a major investor-owned electric utility headquartered in Columbus, Ohio. The company is primarily engaged in the generation, transmission and distribution of electricity, operating a diverse portfolio of power plants and an extensive high-voltage transmission network. AEP serves retail customers through its regulated utility subsidiaries and provides wholesale power and grid services across multiple regional markets in the United States.

Operations span the full utility value chain: AEP owns and operates generation assets that include fossil-fuel, natural gas, nuclear and hydropower facilities, and it has been adding renewable resources to its mix.