American Express Company (AXP)
| Market Cap | 191.23B |
| Revenue (ttm) | 58.11B |
| Net Income (ttm) | 9.70B |
| Shares Out | 710.91M |
| EPS (ttm) | 13.39 |
| PE Ratio | 20.08 |
| Forward PE | 19.95 |
| Dividend | $2.80 (1.04%) |
| Ex-Dividend Date | Jul 5, 2024 |
| Volume | 2,532,340 |
| Open | 268.40 |
| Previous Close | 268.75 |
| Day's Range | 266.95 - 271.49 |
| 52-Week Range | 140.91 - 271.49 |
| Beta | 1.21 |
| Analysts | Buy |
| Price Target | 232.64 (-13.51%) |
| Earnings Date | Oct 18, 2024 |
About AXP
American Express Company, together with its subsidiaries, operates as integrated payments company in the United States, Europe, the Middle East and Africa, the Asia Pacific, Australia, New Zealand, Latin America, Canada, the Caribbean, and Internationally. It operates through four segments: U.S. Consumer Services, Commercial Services, International Card Services, and Global Merchant and Network Services. The company’s products and services include credit card, charge card, banking, and other payment and financing products; network services; exp... [Read more]
Financial Performance
In 2023, American Express's revenue was $55.59 billion, an increase of 9.69% compared to the previous year's $50.68 billion. Earnings were $8.25 billion, an increase of 11.51%.
Financial StatementsAnalyst Forecast
According to 24 analysts, the average rating for AXP stock is "Buy." The 12-month stock price forecast is $232.64, which is a decrease of -13.51% from the latest price.
News
Strategically Building A $100,000 Dividend Portfolio With September's Top 10 High-Yield Picks
Combining ETFs and individual companies can offer many benefits for investors, especially for those who aim to balance dividend income and dividend growth. The September 2024 Top Dividend Picks Portfo...
10 New CDR Tickers Listed on Cboe Canada
TORONTO--(BUSINESS WIRE)---- $AXP #Cboe--Cboe Canada is proud to celebrate the recent three-year anniversary of Canadian Depositary Receipts with the launch of ten new CDR tickers by CIBC.
American Express Plans Live Audio Webcast of Third Quarter 2024 Earnings Conference Call
NEW YORK--(BUSINESS WIRE)--American Express Company (NYSE: AXP) plans to host a live audio webcast of its earnings conference call at 8:30 a.m. (ET) on Friday, October 18, 2024, to discuss third quart...
American Express Company (AXP) Barclays 22nd Annual Global Financial Services Conference (Transcript)
American Express Company (NYSE:AXP) Barclays 22nd Annual Global Financial Services Conference September 11, 2024 9:00 AM ET Company Participants Christophe Le Caillec - CFO Conference Call Participan...
American Express and Knot Team Up to Simplify Adding Card-on-File Payment Information
NEW YORK--(BUSINESS WIRE)--American Express (NYSE: AXP) and Knot, an Amex Ventures portfolio company, have teamed up to launch a new pilot feature that simplifies adding payment information at select ...
American Express Company (AXP) 25th Annual Scotiabank Financials Summit 2024 Conference (Transcript)
American Express Company (NYSE:AXP) 25th Annual Scotiabank Financials Summit 2024 Conference September 4, 2024 11:50 AM ET Company Participants Anna Marrs - Group President of Global Commercial Servi...
American Express: Consumer Confidence Rebound Is Big
American Express is well-positioned to perform well due to its focus on high-income consumers, who are less affected by inflation and economic downturns. Recent consumer confidence data shows increasi...
American Express: Overtaking Visa
American Express has a wide moat supported by a strong brand image, evidenced by a more affluent customer base, as well as an impeccable network effect. As EPS growth is expected to overtake Visa and ...
UNIPaaS and American Express Partner to Boost B2B Card Payments for SaaS Platforms
UNIPaaS partners with American Express, enabling SaaS platforms to offer Amex card payment options to their users for more efficient payment collection.
American Express Offers Exclusive Experiences at the US Open
Bloomberg Businessweek is live at the US Open! AmEx's Shiz Suziki joined the show to talk about the card company's longstanding partnership with the Open -------- More on Bloomberg Television and Mark...
Three High-Yield "Dividend Champions" to Buy Today
Most people don't think of a 2.5% dividend yield as life-changing.
Amex Stock Drops as BofA Analysts Warn of Weak Consumer Spending
American Express (AXP) shares traded lower Wednesday after Bank of America Securities analysts raised concerns that the stock was trading at a premium without too much potential for further growth.
Three-Stock Lunch: Netflix, TJX and American Express
David Wagner, Aptus Capital Advisors portfolio manager, joins 'Power Lunch' to discuss stock plays for three stocks.
Consumer weakness has impacted Amex, says BofA's Mihir Bhatia
Mihir Bhatia, Bank of America Securities payments analyst, joins ‘The Exchange' to discuss BofA's downgrade of American Express, how consumer warning signs have impacted the company's performance, and...
American Express Faces Growth Challenges, Synchrony and Capital One Emerge As Potential Alternatives: BofA Analyst
B of A Securities analyst Kenneth Bruce downgraded American Express Co AXP from Buy to Neutral with a price target of $263. The stock price slid after the rerating.
Calls of the Day: American Express, Charles Schwab, CrowdStrike, and United Health
The Investment Committee break down the latest Calls of the Day.
Amex's stock has been a Dow standout this year. Why BofA now urges caution.
American Express Co.'s stock has been one of the best performers in the Dow Jones Industrial Average so far this year, but one analyst is questioning whether the stock's outperformance can continue.
Cramer's Mad Dash: American Express
CNBC's Jim Cramer delivers his daily Mad Dash.
Final Trades: Tesla, EQT Corp and American Express
The Investment Committee gives you their top stocks to watch for the second half.
American Express Announces Plans to Open a New, Nearly 16,000 Square Foot Centurion® Lounge at Salt Lake City International Airport in 2025
NEW YORK--(BUSINESS WIRE)--Today American Express (NYSE: AXP) announced plans to open a new Centurion® Lounge at Salt Lake City International Airport (SLC). American Express is the first credit card i...
Russia cancels banking licence of American Express subsidiary
Russia's central bank on Tuesday cancelled the banking licence of American Express Co's Russian subsidiary after the U.S. lender's unit filed a voluntary liquidation request.
American Express Executives to Participate in Upcoming Investor Conferences
NEW YORK--(BUSINESS WIRE)--American Express Company (NYSE: AXP) today announced its participation in upcoming investor conferences. On Wednesday, September 4, 2024, Anna Marrs, Group President, Global...
American Express: Compound Grower Facing Expense Headwinds
American Express earns revenue through swipe fees and interest income from card member loans, with a focus on growth through fixed card fees. Income statement and balance sheet show steady growth in c...
Trade Tracker: Kevin Simpson buys American Express and more Apple
Kevin Simpson, Capital Wealth Planning founder and CIO, joins CNBC's "Halftime Report" to detail his latest portfolio moves.
Squarespace Announces Second Quarter 2024 Financial Results
NEW YORK , Aug. 2, 2024 /PRNewswire/ -- Squarespace, Inc. (NYSE: SQSP), the design-driven platform helping entrepreneurs build brands and businesses online, today announced results for the second quar...