American Express Company (AXP)
| Market Cap | 212.25B |
| Revenue (ttm) | 59.24B |
| Net Income (ttm) | 9.76B |
| Shares Out | 704.44M |
| EPS (ttm) | 13.58 |
| PE Ratio | 22.20 |
| Forward PE | 21.07 |
| Dividend | $2.80 (0.93%) |
| Ex-Dividend Date | Oct 4, 2024 |
| Volume | 2,739,454 |
| Open | 293.40 |
| Previous Close | 293.00 |
| Day's Range | 292.51 - 301.92 |
| 52-Week Range | 163.32 - 301.92 |
| Beta | 1.21 |
| Analysts | Hold |
| Price Target | 255.25 (-15.28%) |
| 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 22 analysts, the average rating for AXP stock is "Hold." The 12-month stock price forecast is $255.25, which is a decrease of -15.28% from the latest price.
News
Trade Tracker: Jenny Harrington trims American Express
Jenny Harrington, CEO at Gilman Hill Asset Management, joins CNBC's "Halftime Report" to explain why she's trimming some of her American Express position.
American Express Chairman and CEO Stephen J. Squeri to Participate in Goldman Sachs U.S. Financial Services Conference
NEW YORK--(BUSINESS WIRE)--American Express Company (NYSE: AXP) Chairman and Chief Executive Officer Stephen J. Squeri will participate in the Goldman Sachs U.S. Financial Services Conference in New Y...
American Express Forms Data Sharing Partnership With MX
American Express has formed a deal with financial data company MX Technologies, giving their users access to improved financial management capabilities. The API-powered data access agreement will offe...
American Express Declares Dividend on Series D Preferred Stock
NEW YORK--(BUSINESS WIRE)--The Board of Directors of American Express Company (NYSE: AXP) declared a quarterly dividend on the Company's 3.550% Fixed Rate Reset Noncumulative Preferred Shares, Series ...
American Express and Formula 1® Announce New Multi-Year Global Sponsorship
NEW YORK--(BUSINESS WIRE)--American Express and Formula 1® today announce a new multi-year sponsorship that expands Amex's partnership with the world's leading motorsport from the Americas region to t...
The environment for American Express should get much easier, says Jim Cramer
'Mad Money' host Jim Cramer looks at American Express stock and if it's worth buying the dip.
You should buy the dip with American Express, says Jim Cramer
'Mad Money' host Jim Cramer looks at American Express stock and if it's worth buying the dip.
Jim Cramer explains why you should buy American Express on the dip
CNBC's Jim Cramer on Monday told investors why he thinks it's wise to buy shares of American Express while it's down after reporting a slight revenue miss. The company has a promising future even thou...
American Express Earnings Show Continued Potential
American Express Company reported strong Q3 2024 earnings with 8% revenue growth and a 6% increase in diluted EPS, supported by a robust share repurchase program. The company saw 10% YoY growth in tot...
American Express Analysts Increase Their Forecasts After Q3 Earnings
American Express Co AXP company reported mixed results for the third quarter on Friday.
Oakmark's Bill Nygren on stocks to play today
Bill Nygren, Oakmark portfolio manager, joins 'Money Movers' to discuss the rationale behind the stock position's Nygren has added, why value is the most important factor, and much more.
Visa, Amex and Mastercard Push CE 100 Index Up 0.8% on ‘Resilient' Spending
If there's been a consistent theme thus far during earnings season, it's that consumer spending has proven to be resilient across any number of demographics.
American Express to become sole owner of Swisscard as UBS sells its 50% stake
UBS is divesting a portion of the Credit Suisse business it acquired last year by selling the fallen bank's 50% stake in credit card provider Swisscard. According to a statement from Swisscard, UBS wi...
UBS sells its 50% stake in Swisscard to American Express
UBS is offloading part of the Credit Suisse business it acquired last year with a deal to sell the fallen bank's 50% stake in credit card provider Swisscard.
3-Stock Lunch: CVS Health, American Express & Lamb Weston
James Demmert, Main Street Research chief investment officer, join 'Power Lunch' to discuss stock plays for three stocks.
American Express Q3 Earnings: Good Report, But Economic Uncertainty Keeps Me Away
American Express Company reported decent Q3 results with an 8.2% revenue increase and EPS beat, but mixed guidance led to a 3% stock drop. The company's consistent top-line growth, high ROE, and effic...
Millennials and Gen Z Consumers Boost Amex Card Spend in Q3
For American Express, as has been a longstanding trend, it's the younger consumers, cards in hand, who are boosting results. And, as Amex management noted on a Friday (Oct. 18) conference call with an...
American Express' Mixed Q3 Results: Goldman Analyst Sees Silver Lining In Expense Management And NII Growth
American Express Co AXP stock slid Friday after its third-quarter print failed to impress the Street.
American Express CEO Sees "No Landing," Watch Nvidia For A Breakout
To gain an edge, this is what you need to know today.
Crude Oil Down Over 1%; American Express Shares Fall After Q3 Results
U.S. stocks traded mostly higher midway through trading, with the Nasdaq Composite gaining around 100 points on Friday.
Why American Express Earnings Have the Dow Stock Lower
American Express is the worst Dow Jones stock Friday after the payments giant reported a top-line miss in its third quarter. Here's what you need to know.
American Express CFO: Sell-off based on expectations that were too high
CNBC's Hugh Son reports on the latest news from American Express.
Nasdaq Index Today: Netflix Rally Leads Gains as Dow Falters on AmEx Slump
Nasdaq rallies as Netflix jumps 11% on strong earnings, while AmEx drags down Dow. Will tech stocks keep leading the market's bullish momentum?
American Express Company (AXP) Q3 2024 Earnings Call Transcript
American Express Company (NYSE:AXP) Q3 2024 Earnings Conference Call October 18, 2024 8:30 AM ET Company Participants Kartik Ramachandran - Head of Investor Relations Stephen Squeri - Chairman and Ch...
UBS' Erika Najarian on Amex Q3 results: Seeing some consumer spend trends decelerate
Erika Najarian, UBS large cap banks and consumer finance analyst, joins 'Squawk Box' to discuss American Express' quarterly earnings results, strength of consumer spending, and more.