During the recent session, American Electric Power Company Inc (NASDAQ:AEP)’s traded shares were 0.72 million, with the beta value of the company hitting 0.43. At the last check today, the stock’s price was $104.04, reflecting an intraday loss of -1.09% or -$1.15. The 52-week high for the AEP share is $110.48, that puts it down -6.19 from that peak though still a striking 17.41% gain since the share price plummeted to a 52-week low of $85.93. The company’s market capitalization is $55.58B, and the average trade volume was 4.24 million shares over the past three months.
American Electric Power Company Inc (AEP) received a consensus recommendation of Hold from analysts. That translates to a mean rating of 2.48. AEP has a Sell rating from 0 analyst(s) out of 9 analysts who have looked at this stock. 5 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 4 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be 1.24.
American Electric Power Company Inc (NASDAQ:AEP) trade information
American Electric Power Company Inc (AEP) registered a -1.09% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -1.09% in intraday trading to $104.04, hitting a weekly high. The stock’s 5-day price performance is -3.38%, and it has moved by 1.66% in 30 days. Based on these gigs, the overall price performance for the year is 15.77%.
The consensus price target of analysts on Wall Street is $114.5, which implies an increase of 9.14% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $114 and $115 respectively. As a result, AEP is trading at a discount of -10.53% off the target high and -9.57% off the low.
American Electric Power Company Inc (AEP) estimates and forecasts
In the rating firms’ projections, revenue will increase 6.28% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 4.93B as predicted by 2 analyst(s). Meanwhile, a consensus of 2 analyst(s) estimates revenue growth to 5.55B by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 4.6B and 5.42B respectively. In this case, analysts expect current quarter sales to grow by 7.19% and then jump by 2.43% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 7.56%. While earnings are projected to return 4.36% in 2025, the next five years will return 6.24% per annum.
AEP Dividends
American Electric Power Company Inc is due to release its next quarterly earnings in June. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. Investors should also take the other fundamental and operational aspects into account before investing in the stock. The forward dividend ratio for American Electric Power Company Inc is 3.62, with the dividend yield indicating at 3.48 percent, continuing the trend of increasing dividends in recent years.
The next largest institutional holding, with 45.45 million shares, is of BLACKROCK INC.’s that is approximately 8.5926% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $3.99 billion.
Also, the Mutual Funds coming in first place with the largest holdings of American Electric Power Company Inc (AEP) shares are VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard 500 Index Fund . Data provided on Dec 31, 2024 indicates that VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund owns about 16.68 shares. This amounts to just over 3.36 percent of the company’s overall shares, with a $1.75 billion market value. The same data shows that the other fund manager holds slightly less at 14.42, or about 2.91% of the stock, which is worth about $1.51 billion.
