Brokers Offer Predictions for American Electric Power Company, Inc.’s Q4 2024 Earnings (NASDAQ:AEP)

American Electric Power Company, Inc. (NASDAQ:AEP) – Equities researchers at Zacks Research lowered their Q4 2024 earnings per share estimates for shares of American Electric Power in a research report issued on Wednesday, April 24th. Zacks Research analyst R. Department now forecasts that the company will post earnings of $1.48 per share for the quarter, down from their prior estimate of $1.49. The consensus estimate for American Electric Power’s current full-year earnings is $5.54 per share. Zacks Research also issued estimates for American Electric Power’s Q3 2025 earnings at $1.39 EPS, Q4 2025 earnings at $2.02 EPS and FY2025 earnings at $5.90 EPS.

American Electric Power (NASDAQ:AEP) last posted its quarterly earnings results on Tuesday, February 27th. The company reported $1.23 earnings per share for the quarter, missing the consensus estimate of $1.26 by ($0.03). American Electric Power had a return on equity of 11.04% and a net margin of 11.64%. The business had revenue of $4.60 billion during the quarter, compared to the consensus estimate of $5.12 billion. During the same quarter in the previous year, the company earned $1.05 earnings per share. The company’s revenue for the quarter was down 6.1% compared to the same quarter last year.

Several other research analysts also recently weighed in on the company. UBS Group downgraded American Electric Power from a “neutral” rating to a “sell” rating and dropped their price target for the stock from $86.00 to $83.00 in a research note on Monday, March 11th. Scotiabank decreased their price objective on American Electric Power from $92.00 to $86.00 and set a “sector outperform” rating on the stock in a report on Monday. Mizuho cut American Electric Power from a “buy” rating to a “neutral” rating and set a $83.00 price objective on the stock. in a report on Thursday, January 11th. LADENBURG THALM/SH SH cut American Electric Power from a “neutral” rating to a “sell” rating and decreased their price objective for the stock from $75.50 to $73.00 in a report on Friday, March 8th. Finally, BMO Capital Markets upped their price objective on American Electric Power from $87.00 to $88.00 and gave the stock an “outperform” rating in a report on Tuesday, February 27th. Three research analysts have rated the stock with a sell rating, three have assigned a hold rating and seven have issued a buy rating to the company’s stock. According to MarketBeat, American Electric Power presently has an average rating of “Hold” and an average target price of $86.08.

American Electric Power Trading Down 0.1 %

AEP stock opened at $86.75 on Friday. American Electric Power has a 1-year low of $69.38 and a 1-year high of $93.56. The company has a debt-to-equity ratio of 1.49, a current ratio of 0.53 and a quick ratio of 0.36. The company has a market capitalization of $45.68 billion, a price-to-earnings ratio of 20.44, a PEG ratio of 3.05 and a beta of 0.51. The business has a 50 day simple moving average of $83.45 and a two-hundred day simple moving average of $80.33.

American Electric Power Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, June 10th. Investors of record on Friday, May 10th will be issued a dividend of $0.88 per share. The ex-dividend date is Thursday, May 9th. This represents a $3.52 annualized dividend and a yield of 4.06%. American Electric Power’s payout ratio is presently 82.82%.

Institutional Trading of American Electric Power

Hedge funds and other institutional investors have recently bought and sold shares of the business. FSC Wealth Advisors LLC grew its position in shares of American Electric Power by 222.0% during the 3rd quarter. FSC Wealth Advisors LLC now owns 351 shares of the company’s stock worth $26,000 after buying an additional 242 shares in the last quarter. Frazier Financial Advisors LLC bought a new position in shares of American Electric Power during the 4th quarter worth $26,000. Denali Advisors LLC bought a new position in shares of American Electric Power during the 1st quarter worth $26,000. Rise Advisors LLC bought a new position in shares of American Electric Power during the 1st quarter worth $27,000. Finally, Wetzel Investment Advisors Inc. bought a new position in shares of American Electric Power during the 4th quarter worth $32,000. Hedge funds and other institutional investors own 75.24% of the company’s stock.

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.