Equities Analysts Set Expectations for AEP FY2027 Earnings

American Electric Power Company, Inc. (NASDAQ:AEP) – Equities research analysts at KeyCorp issued their FY2027 EPS estimates for shares of American Electric Power in a report issued on Wednesday, October 15th. KeyCorp analyst S. Karp forecasts that the company will post earnings of $6.76 per share for the year. The consensus estimate for American Electric Power’s current full-year earnings is $5.87 per share. KeyCorp also issued estimates for American Electric Power’s FY2028 earnings at $7.70 EPS.

American Electric Power (NASDAQ:AEP) last announced its quarterly earnings data on Wednesday, July 30th. The company reported $1.43 earnings per share for the quarter, topping analysts’ consensus estimates of $1.27 by $0.16. The firm had revenue of $5.09 billion during the quarter, compared to analyst estimates of $4.85 billion. American Electric Power had a net margin of 17.68% and a return on equity of 11.55%. The business’s quarterly revenue was up 11.1% on a year-over-year basis. During the same period in the previous year, the business posted $1.25 EPS. American Electric Power has set its FY 2025 guidance at 6.570-6.770 EPS.

Other research analysts have also issued reports about the stock. UBS Group upped their price objective on shares of American Electric Power from $110.00 to $116.00 and gave the stock a “sell” rating in a report on Friday, October 10th. Weiss Ratings restated a “buy (b)” rating on shares of American Electric Power in a report on Wednesday, October 8th. TD Cowen began coverage on shares of American Electric Power in a report on Thursday. They issued a “buy” rating and a $133.00 price objective for the company. Cowen began coverage on shares of American Electric Power in a report on Wednesday. They issued a “buy” rating for the company. Finally, Scotiabank upped their price objective on shares of American Electric Power from $102.00 to $114.00 and gave the stock a “sector perform” rating in a report on Thursday, July 31st. Ten investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $119.26.

American Electric Power Stock Performance

NASDAQ:AEP opened at $117.53 on Friday. The company has a fifty day moving average of $111.86 and a 200 day moving average of $107.51. American Electric Power has a 52 week low of $89.91 and a 52 week high of $120.46. The company has a quick ratio of 0.41, a current ratio of 0.55 and a debt-to-equity ratio of 1.33. The firm has a market capitalization of $62.85 billion, a P/E ratio of 17.18, a P/E/G ratio of 3.10 and a beta of 0.48.

American Electric Power Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, September 10th. Shareholders of record on Friday, August 8th were paid a dividend of $0.93 per share. The ex-dividend date was Friday, August 8th. This represents a $3.72 dividend on an annualized basis and a yield of 3.2%. American Electric Power’s dividend payout ratio (DPR) is presently 54.39%.

Insider Buying and Selling

In other American Electric Power news, Director Benjamin G. S. Fowke III sold 5,000 shares of the firm’s stock in a transaction that occurred on Friday, October 10th. The shares were sold at an average price of $117.52, for a total transaction of $587,600.00. Following the sale, the director owned 35,898 shares in the company, valued at approximately $4,218,732.96. This trade represents a 12.23% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Kelly J. Ferneau sold 1,006 shares of the stock in a transaction that occurred on Thursday, October 2nd. The shares were sold at an average price of $112.00, for a total transaction of $112,672.00. Following the sale, the executive vice president directly owned 5,676 shares of the company’s stock, valued at approximately $635,712. This trade represents a 15.06% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 11,006 shares of company stock worth $1,243,522. 0.07% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. EQ Wealth Advisors LLC bought a new stake in shares of American Electric Power during the first quarter worth $25,000. Harbor Capital Advisors Inc. bought a new stake in shares of American Electric Power during the third quarter worth $26,000. Advantage Trust Co lifted its position in shares of American Electric Power by 57.1% during the second quarter. Advantage Trust Co now owns 275 shares of the company’s stock worth $29,000 after purchasing an additional 100 shares during the last quarter. Montag A & Associates Inc. lifted its position in shares of American Electric Power by 166.0% during the second quarter. Montag A & Associates Inc. now owns 282 shares of the company’s stock worth $29,000 after purchasing an additional 176 shares during the last quarter. Finally, Bayforest Capital Ltd bought a new stake in shares of American Electric Power during the first quarter worth $31,000. 75.24% of the stock is 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.