American Electric Power Company, Inc. (AEP)

NASDAQ: AEP · IEX Real-Time Price · USD
94.52
-0.60 (-0.63%)
Dec 5, 2022 4:00 PM EST - Market closed
-0.63%
Market Cap 48.88B
Revenue (ttm) 18.82B
Net Income (ttm) 2.46B
Shares Out 513.73M
EPS (ttm) 4.82
PE Ratio 19.61
Forward PE 17.92
Dividend $3.17 (3.35%)
Ex-Dividend Date Nov 9, 2022
Volume 2,495,971
Open 94.53
Previous Close 95.12
Day's Range 94.11 - 94.93
52-Week Range 80.3 - 105.6
Beta 0.40
Analysts Buy
Price Target 101.30 (+7.2%)
Earnings Date Oct 27, 2022

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, nuclear, hydro, solar, wind, and other energy sources. It also supplies and markets electric power at ... [Read more]

Industry Electric Utilities
Founded 1906
CEO Nicholas Akins
Employees 16,688
Stock Exchange NASDAQ
Ticker Symbol AEP
Full Company Profile

Financial Performance

In 2021, AEP's revenue was $16.79 billion, an increase of 12.56% compared to the previous year's $14.92 billion. Earnings were $2.49 billion, an increase of 13.09%.

Financial Statements

Analyst Forecast

According to 24 analysts, the average rating for AEP stock is "Buy." The 12-month stock price forecast is 101.3, which is an increase of 7.17% from the latest price.

Price Target
$101.3
(7.17% upside)
Analyst Consensus: Buy
Stock Forecasts

News

AEP or MGEE: Which Is the Better Value Stock Right Now?

AEP vs. MGEE: Which Stock Is the Better Value Option?

Other symbols: MGEE
3 days ago - Zacks Investment Research

Are Utilities Stocks Lagging American Electric Power (AEP) This Year?

Here is how American Electric Power (AEP) and Pinnacle West (PNW) have performed compared to their sector so far this year.

6 days ago - Zacks Investment Research

Reasons to Add American Electric Power (AEP) to Your Portfolio

American Electric Power (AEP) makes a strong case for addition to your portfolio, given its rising earnings estimates, surprise history and strong investment plan to strengthen its infrastructure.

6 days ago - Zacks Investment Research

PSO Files Proposal to Increase Power Supply and Stabilize Customer Bills

TULSA, Okla. , Nov. 17, 2022 /PRNewswire/ -- Public Service Company of Oklahoma (PSO) today asked the Oklahoma Corporation Commission (OCC) for approval of its fuel-free power plan to purchase three new...

2 weeks ago - PRNewsWire

AEP vs. MGEE: Which Stock Is the Better Value Option?

AEP vs. MGEE: Which Stock Is the Better Value Option?

Other symbols: MGEE
2 weeks ago - Zacks Investment Research

Income Investors Shouldn't Ignore These 3 Utilities Stocks

In addition to being defensive in nature, stocks in the Utilities sector generally carry solid dividend payouts, providing the cherry on top for investors seeking an income stream.

Other symbols: FENWN
2 weeks ago - Zacks Investment Research

AEP TO FOCUS CAPITAL INVESTMENTS ON REGULATED BUSINESSES, REAFFIRMS OPERATING EARNINGS GROWTH RATE OF 6% TO 7%

Reaffirmed 2022 operating earnings guidance range of $4.97-$5.07 per share and midpoint of $5.02; 2023 operating earnings guidance range of $5.19 to $5.39 per share Five-year, $40 billion capital plan e...

3 weeks ago - PRNewsWire

4 Electric Power Stocks to Buy From the Promising Industry

Electric power utilities like AEP, PCG, ED and NRG have well-chalked-out capital investment plans to upgrade infrastructure and add clean assets to their generation portfolio to provide efficient servic...

Other symbols: EDNRGPCG
3 weeks ago - Zacks Investment Research

5 Best Dividend Stocks to Buy for the Rest of 2022 & Beyond

Amid U.S. midterm election & high inflation, stocks continue to gyrate. Invest in dividend stocks like American Assets Trust (AAT), BCB Bancorp (BCBP) & Conagra Brands (CAG), to name a few, for steady i...

Other symbols: AATBCBPCAGNEP
3 weeks ago - Zacks Investment Research

5 Stocks With Robust Sales Growth to Combat Recession Fears

Sales growth is vital for the survival of a business, even during an economic slowdown. Let's check Conagra Brands (CAG), Cboe Global Markets (CBOE), QuidelOrtho (QDEL), American Electric Power (AEP) & ...

Other symbols: CAGCBOECLHQDEL
3 weeks ago - Zacks Investment Research

Powell's Hawkish Tone Flares Up Volatility: 5 Ultra-Safe Picks

Amid Powell's hawkish tone-induced volatility, investing in risk-adjusted stocks like Archer Daniels Midland (ADM), Lamb Weston (LW), General Mills (GIS), American Electric Power (AEP) and National Fuel...

Other symbols: ADMGISLWNFG
4 weeks ago - Zacks Investment Research

Is American Electric Power (AEP) Stock Outpacing Its Utilities Peers This Year?

Here is how American Electric Power (AEP) and NRG Energy (NRG) have performed compared to their sector so far this year.

4 weeks ago - Zacks Investment Research

AEP CEO on oil and gas prices

Cramer spoke with American Electric Power CEO Nick Akins on Wednesday.

1 month ago - CNBC Television

AEP NAMES KELLY CHIEF FINANCIAL OFFICER

COLUMBUS, Ohio , Nov. 2, 2022 /PRNewswire/ -- American Electric Power (Nasdaq: AEP) has named Ann P. Kelly executive vice president and chief financial officer (CFO), effective Nov. 30.

1 month ago - PRNewsWire

AEP RECOGNIZED AS A BEST ESG COMPANY BY INVESTOR'S BUSINESS DAILY

COLUMBUS, Ohio , Oct. 31, 2022 /PRNewswire/ -- American Electric Power (Nasdaq: AEP) has been named one of the Best ESG Companies by Investor's Business Daily. The list recognizes publicly traded compan...

1 month ago - PRNewsWire

Here's Why American Electric Power (AEP) is a Strong Value Stock

Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.

1 month ago - Zacks Investment Research

American Electric (AEP) Q3 Earnings Top Estimates, Sales Up Y/Y

American Electric's (AEP) third-quarter 2022 operating earnings per share beat the Zacks Consensus Estimate by 3.2%. The bottom line also improves 13.3% from the year-ago quarter.

1 month ago - Zacks Investment Research

American Electric Power (AEP) Beats Q3 Earnings and Revenue Estimates

AEP (AEP) delivered earnings and revenue surprises of 3.18% and 10.85%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

AEP REPORTS STRONG THIRD-QUARTER 2022 EARNINGS

Third-quarter 2022 GAAP earnings of $1.33 per share and $1.62 per share operating Company reaffirms narrowed 2022 operating earnings (non-GAAP) guidance range of $4.97 to $5.07, raised midpoint of $5.02...

1 month ago - PRNewsWire

Daily Dividend Report: General Motors, IBM, American Electric Power, Albemarle, Hexcel

Daily Dividend Report: General Motors, IBM, American Electric Power, Albemarle, Hexcel

Other symbols: ALBGMHXLIBM
1 month ago - Forbes

American Electric Power raises dividend, boosting implied yield to above 3.8%

Shares of American Electric Power Co. Inc. AE, +1.93% ] rose 1.3% in midday trading Tuesday, after the electricity transmission company raised its quarterly dividend by 6.4%, to 83 cents a share from 78...

1 month ago - Market Watch

AEP INCREASES QUARTERLY DIVIDEND TO 83 CENTS A SHARE

COLUMBUS, Ohio , Oct. 25, 2022 /PRNewswire/ -- The Board of Directors of American Electric Power Co. (Nasdaq: AEP) today declared a regular quarterly cash dividend of 83 cents a share on the company's c...

1 month ago - PRNewsWire

What's in Store for American Electric (AEP) in Q3 Earnings?

American Electric Power's (AEP) Q3 results are likely to reflect mixed weather pattern impacts.

1 month ago - Zacks Investment Research

American Electric Power (AEP) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

AEP (AEP) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

1 month ago - Zacks Investment Research

AEP SCHEDULES LIVE WEBCAST OF QUARTERLY EARNINGS CALL

COLUMBUS, Ohio , Oct. 20, 2022 /PRNewswire/ -- American Electric Power (Nasdaq: AEP) has scheduled a quarterly earnings conference call with financial analysts at 9 a.m. ET Thursday, Oct.  27.

1 month ago - PRNewsWire