Seaport Res Ptn Comments on American Electric Power Company, Inc.’s FY2025 Earnings (NASDAQ:AEP)

American Electric Power Company, Inc. (NASDAQ:AEP) – Equities research analysts at Seaport Res Ptn decreased their FY2025 EPS estimates for shares of American Electric Power in a research note issued on Wednesday, April 24th. Seaport Res Ptn analyst A. Storozynski now anticipates that the company will earn $5.95 per share for the year, down from their previous forecast of $5.96. The consensus estimate for American Electric Power’s current full-year earnings is $5.54 per share.

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

AEP has been the topic of a number of other research reports. Guggenheim downgraded American Electric Power from a “buy” rating to a “neutral” rating and set a $81.00 target price on the stock. in a report on Monday, January 22nd. StockNews.com lowered American Electric Power from a “hold” rating to a “sell” rating in a research report on Friday, March 15th. Barclays boosted their target price on American Electric Power from $83.00 to $84.00 and gave the stock an “equal weight” rating in a report on Monday, April 15th. Cfra reaffirmed a “buy” rating and set a $92.00 target price (up from $90.00) on shares of American Electric Power in a report on Tuesday, February 27th. Finally, BMO Capital Markets increased their price target on shares of American Electric Power from $87.00 to $88.00 and gave the stock an “outperform” rating in a research report on Tuesday, February 27th. Three analysts have rated the stock with a sell rating, three have given a hold rating and seven have assigned a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $86.08.

American Electric Power Stock Performance

Shares of AEP traded down $1.00 during midday trading on Friday, hitting $85.86. 516,651 shares of the stock traded hands, compared to its average volume of 3,726,530. American Electric Power has a 1-year low of $69.38 and a 1-year high of $93.56. The business’s 50 day moving average price is $83.45 and its two-hundred day moving average price is $80.33. The company has a debt-to-equity ratio of 1.49, a quick ratio of 0.36 and a current ratio of 0.53. The firm has a market capitalization of $45.21 billion, a PE ratio of 20.44, a price-to-earnings-growth ratio of 3.05 and a beta of 0.51.

Institutional Trading of American Electric Power

Institutional investors and hedge funds have recently bought and sold shares of the stock. Caprock Group LLC purchased a new position in American Electric Power during the third quarter worth about $251,000. Advisory Alpha LLC grew its stake in shares of American Electric Power by 50.7% in the 3rd quarter. Advisory Alpha LLC now owns 3,792 shares of the company’s stock valued at $285,000 after purchasing an additional 1,275 shares during the period. Czech National Bank lifted its holdings in American Electric Power by 47.8% during the 3rd quarter. Czech National Bank now owns 90,043 shares of the company’s stock worth $6,773,000 after buying an additional 29,102 shares in the last quarter. Spirit of America Management Corp NY raised its stake in American Electric Power by 27.5% during the 3rd quarter. Spirit of America Management Corp NY now owns 10,650 shares of the company’s stock worth $801,000 after buying an additional 2,300 shares during the period. Finally, Ballentine Partners LLC grew its holdings in American Electric Power by 26.3% during the third quarter. Ballentine Partners LLC now owns 7,545 shares of the company’s stock worth $568,000 after purchasing an additional 1,569 shares during the period. 75.24% of the stock is currently owned by hedge funds and other institutional investors.

American Electric Power Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 10th. Stockholders of record on Friday, May 10th will be given a dividend of $0.88 per share. The ex-dividend date of this dividend is Thursday, May 9th. This represents a $3.52 dividend on an annualized basis and a dividend yield of 4.10%. American Electric Power’s dividend payout ratio (DPR) is 82.82%.

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.