American Electric Power Company, Inc. (AEP)
| Market Cap | 51.79B |
| Revenue (ttm) | 19.60B |
| Net Income (ttm) | 2.64B |
| Shares Out | 532.57M |
| EPS (ttm) | 4.97 |
| PE Ratio | 19.56 |
| Forward PE | 16.93 |
| Dividend | $3.72 (3.83%) |
| Ex-Dividend Date | Nov 8, 2024 |
| Volume | 2,666,873 |
| Open | 97.35 |
| Previous Close | 96.82 |
| Day's Range | 96.81 - 97.98 |
| 52-Week Range | 75.22 - 105.18 |
| Beta | 0.55 |
| Analysts | Hold |
| Price Target | 96.07 (-1.21%) |
| Earnings Date | Feb 13, 2025 |
About AEP
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. The company generates electricity using coal and lignite, natural gas, renewable, nuclear, hydro, solar, wind, and other energy sources. It also supplies and markets electri... [Read more]
Financial Performance
In 2023, AEP's revenue was $18.98 billion, a decrease of -3.35% compared to the previous year's $19.64 billion. Earnings were $2.21 billion, a decrease of -4.30%.
Financial StatementsAnalyst Forecast
According to 15 analysts, the average rating for AEP stock is "Hold." The 12-month stock price forecast is $96.07, which is a decrease of -1.21% from the latest price.
News
AEP Seeking Grants To Assist With Advanced Nuclear Site Exploration in Indiana and Virginia
Indiana Michigan Power Rockport Plant site identified as potential location for a Small Modular Reactor Following positive community discussions, Appalachian Power submits grant application to support...
American Electric Power Is Attractive Going Forward, Analyst Double-Upgrades Stock
BofA Securities analyst Ross Fowler upgraded the shares of American Electric Power Company Inc AEP from Underperform to Buy and raised the price target from $98 to $104.
AEP Secures Minority Equity Interest Investment in Ohio and Indiana & Michigan Transmission Companies
A 50/50 strategic partnership between KKR and PSP Investments agrees to acquire 19.9% non-controlling equity interest in two AEP Transcos for $2.82 billion Transaction provides highly efficient financ...
AEP Names Seasoned Energy Executive Trevor Mihalik Executive Vice President & Chief Financial Officer
COLUMBUS, Ohio , Jan. 7, 2025 /PRNewswire/ -- American Electric Power (Nasdaq: AEP) has named Trevor I. Mihalik executive vice president and chief financial officer effective Jan. 20.
Top 3 Utilities Stocks You'll Regret Missing In December
The most oversold stocks in the utilities sector presents an opportunity to buy into undervalued companies.
American Electric Power: Light Up Your Income Portfolio With This Mission Critical Utility
Market volatility can offer buying opportunities, but emotional reactions can lead to costly mistakes; focus on fundamentals to maintain perspective. AEP's five-year capital spending plan and robust g...
SWEPCO Expands Generation Capacity with New Power Plants
SHREVEPORT, La. , Dec. 18, 2024 /PRNewswire/ -- Southwestern Electric Power Co. (SWEPCO), a subsidiary of American Electric Power (Nasdaq: AEP), is excited to announce the ongoing development of sever...
I&M and Stakeholders File Large Load Settlement to Advance Grid Reliability and Support Economic Growth
FORT WAYNE, Ind. , Nov. 22, 2024 /PRNewswire/ -- Indiana Michigan Power (I&M), an American Electric Power (Nasdaq: AEP) company, has filed a joint settlement with the Indiana Office of Utility Consume...
AEP Leveraging Fuel Cell Technology to Power Data Center Growth
This customer-focused effort is the largest utility fuel cell initiative in the country COLUMBUS, Ohio , Nov. 14, 2024 /PRNewswire/ -- American Electric Power (Nasdaq: AEP) is offering large customers...
American Electric Power Company, Inc. (AEP) Q3 2024 Earnings Call Transcript
American Electric Power Company, Inc. (NASDAQ:AEP) Q3 2024 Earnings Conference Call November 6, 2024 9:00 AM ET Company Participants Darcy Reese - VP, IR William Fehrman - President, CEO Charles Zebu...
AEP Reports Third-Quarter 2024 Earnings, Introduces New Growth Rate and Capital Plan
Third-quarter 2024 GAAP earnings of $1.80 per share; operating earnings of $1.85 per share Narrows 2024 operating earnings (non-GAAP) guidance to $5.58 to $5.68 per share, maintaining $5.63 midpoint A...
American Electric Power Gears Up For Q3 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts
American Electric Power Company, Inc. AEP will release earnings results for its third quarter, before the opening bell on Wednesday, Nov. 6.
16 Upcoming Dividend Increases
All stocks have at least five fiscal years of dividend growth history and come from the U.S. Dividend Champions List. They have an average increase of 5.2% and a median increase of 4.2%. There are six...
AEP Announces Leadership Changes to Empower Local Operations and Drive Growth
Initiates search for newly created president of AEP Transmission role responsible for leading high growth business Shifts management of generating plants and economic development function to local ope...
AEP Names Matthew Fransen Treasurer
COLUMBUS, Ohio , Oct. 24, 2024 /PRNewswire/ -- American Electric Power (Nasdaq: AEP) has named Matthew Fransen senior vice president, Finance and Treasurer, effective Dec. 1. He will succeed Julie She...
AEP Ohio, PUCO Staff, Ohio Consumers' Counsel, Ohio Energy Group And Others Agree On How To Address Growing Data Center Power Needs
GAHANNA, Ohio , Oct. 23, 2024 /PRNewswire/ -- AEP Ohio, an American Electric Power (Nasdaq: AEP) company, today filed a settlement agreement that addresses the extreme power needs of Ohio's growing da...
AEP Increases Quarterly Dividend to 93 Cents a Share
COLUMBUS, Ohio , Oct. 22, 2024 /PRNewswire/ -- The Board of Directors of American Electric Power Co. (Nasdaq: AEP) today declared a regular quarterly cash dividend of 93 cents a share on the company's...
American Electric Power: Efficiency Gains To Boost Earnings Growth (Buy)
American Electric Power (AEP) is poised to grow earnings and dividends by 50% over the next five years, driven by surging data centre demand and efficiency gains. AEP is currently under-earning on reg...
AEP Names Joseph Moore Senior Vice President of Business Transformation to Drive Performance and Efficiency
COLUMBUS, Ohio , Oct. 8, 2024 /PRNewswire/ -- American Electric Power (Nasdaq: AEP) has named utility industry veteran Joseph F. Moore IV senior vice president, Business Transformation, effective toda...
Load Growth To Drive Earnings At American Electric Power
AEP is poised to outperform the S&P with a 6%-7% annual earnings CAGR, driven by high load growth and strong ROEs, especially in Texas. AEP's substantial $43B capex by 2028 and customer commitments fo...
AEP Completes Sale of AEP OnSite Partners
COLUMBUS, Ohio , Sept. 30, 2024 /PRNewswire/ -- American Electric Power (Nasdaq: AEP) has completed the sale of its distributed resources business, OnSite Partners, to funds advised by Basalt Infrastr...
AEP Recognized as a Top Utility in Economic Development
COLUMBUS, Ohio , Sept. 3, 2024 /PRNewswire/ -- American Electric Power (Nasdaq: AEP) was named one of the nation's Top Utilities in Economic Development by Site Selection magazine.
American Electric Power: A Reliable Dividend Play With Limited Upside
The company's changing CEO and the electrification of society, mainly due to the growth of data centers, are tailwinds. However, as a regulated utility, it will be hard to take advantage of the demand...
AEP Realigns Leadership Structure to Strengthen Customer Focus and Drive Execution
Operating company presidents and chief nuclear officer will report directly to AEP President and CEO Bill Fehrman Peggy Simmons appointed executive vice president of Regulatory and Chief Administrativ...