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American Electric Power Company, Inc. (AEP)

NASDAQ: AEP · IEX Real-Time Price · USD
82.32
+0.27 (0.33%)
After-hours:Sep 24, 2021 7:59 PM EDT
82.05
-0.26 (-0.32%)
At close: Sep 24, 4:00 PM
Market Cap41.05B
Revenue (ttm)15.78B
Net Income (ttm)2.34B
Shares Out499.92M
EPS (ttm)4.69
PE Ratio17.49
Forward PE16.92
Dividend$2.92 (3.56%)
Ex-Dividend DateAug 9, 2021
Volume2,527,284
Open82.26
Previous Close82.31
Day's Range81.83 - 82.78
52-Week Range73.56 - 91.80
Beta0.26
AnalystsBuy
Price Target97.74 (+19.1%)
Est. Earnings DateOct 28, 2021

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, and hydroelectric, as well as solar, wind, and other energy sources. It also supplies and mar...

IndustryElectric Utilities
Founded1906
Employees16,787
Stock ExchangeNASDAQ
Ticker SymbolAEP
Full Company Profile

Financial Performance

In 2020, AEP's revenue was $14.92 billion, a decrease of -4.13% compared to the previous year's $15.56 billion. Earnings were $2.20 billion, an increase of 14.52%.

Financial Statements

Analyst Forecast

According to 19 analysts, the average rating for AEP stock is "Buy." The 12-month stock price forecast is 97.74, which is an increase of 19.12% from the latest price.

Price Target
$97.74
(19.12% upside)
Analyst Consensus: Buy

News

American Electric Power Service Corporation Seeks Bids For Coal

COLUMBUS, Ohio, Sept. 20, 2021 /PRNewswire/ -- American Electric Power (Nasdaq: AEP) today issued a request for proposal (RFP) for the supply of coal to one or more of its generating stations in multipl...

6 days ago - PRNewsWire

EPA Recognizes Neal Gerber Eisenberg for Leading Green Power Use

CHICAGO--(BUSINESS WIRE)--Neal Gerber Eisenberg (NGE) announced today that the firm recently joined the U.S. Environmental Protection Agency's Green Power Partnership and its mission to reduce greenhous...

6 days ago - Business Wire

American Electric's (AEP) 287 MW Wind Project Begins Operations

American Electric (AEP) commences operations of the Maverick Wind Energy Center project in north central Oklahoma. The project has a capacity to generate 287 MW of wind power.

1 week ago - Zacks Investment Research

Second North Central Wind Project Begins Commercial Operation

COLUMBUS, Ohio, Sept. 10, 2021 /PRNewswire/ -- American Electric Power's (Nasdaq: AEP) 287-megawatt (MW) Maverick Wind Energy Center in north central Oklahoma has begun commercial operation.

2 weeks ago - PRNewsWire

Play it a little bit on the safe side: Graypoint's Johnson

The utilities and real estate sector are both higher so is it the return of defensive names? Chad Morganlander, senior portfolio manager with Washington Crossing Advisors, and Hugh Johnson, Graypoint ch...

Other symbols:JPMPG
2 weeks ago - CNBC Television

AEP Recognized as a Top Utility in Economic Development

COLUMBUS, Ohio, Sept. 2, 2021 /PRNewswire/ -- American Electric Power (Nasdaq: AEP) has been named one of the nation's Top Utilities in Economic Development by Site Selection magazine.

3 weeks ago - PRNewsWire

AEP Names Murphy Vice President of Applications and Business Solutions

COLUMBUS, Ohio, Aug. 27, 2021 /PRNewswire/ -- American Electric Power (Nasdaq: AEP) has named Anne Murphy vice president of Applications and Business Solutions, effective Aug. 30. She will be responsibl...

4 weeks ago - PRNewsWire

AES, Borrego Team Up to Build Solar Projects in Michigan

AES Corp (AES) has partnered with Borrego to build three utility scale solar projects of capacity 72 MW-DC in Michigan. The project is likely to serve more than 9000 Michigan households.

Other symbols:AESDUKXEL
1 month ago - Zacks Investment Research

AEP Recognized As One Of America's Best Employers For Women

COLUMBUS, Ohio, Aug. 16, 2021 /PRNewswire/ -- American Electric Power (Nasdaq: AEP) was named to Forbes' Best Employers for Women 2021 list. To compile the list, Forbes partnered with Statista to survey...

1 month ago - PRNewsWire

3 High-Yield Dividend Stocks That Just Went on Sale

These industrial companies face setbacks but remain long-term winners.

Other symbols:CATMMM
1 month ago - The Motley Fool

AEP Energy And Doral LLC Execute Additional Solar Power Purchase Agreement In PJM

COLUMBUS, Ohio, Aug. 9, 2021 /PRNewswire/ -- AEP Energy, a subsidiary of American Electric Power (Nasdaq: AEP) and one of the largest electric energy wholesale suppliers in the U.S., and Doral Renewable...

1 month ago - PRNewsWire

AEP Releases Sustainable Finance Framework

COLUMBUS, Ohio, Aug. 9, 2021 /PRNewswire/ -- American Electric Power (Nasdaq: AEP) has developed a Sustainable Finance Framework, which will allow the company and its subsidiaries to issue green, social...

1 month ago - PRNewsWire

AEP Names Ball Vice President Of Energy Delivery Operations

COLUMBUS, Ohio, Aug. 5, 2021 /PRNewswire/ -- American Electric Power (Nasdaq: AEP) has promoted David R. Ball to vice president of Energy Delivery Operations, effective Aug. 7.

1 month ago - PRNewsWire

AEP Names Ulrich Senior Vice President And Chief Human Resources Officer

COLUMBUS, Ohio, July 28, 2021 /PRNewswire/ -- American Electric Power (Nasdaq: AEP) has named Phillip Ulrich senior vice president and chief human resources officer, effective Aug. 2. Ulrich will have r...

1 month ago - PRNewsWire

Utility Stock Q2 Earnings Due on Jul 29: XEL, SO, ES & More

Utility earnings in the second quarter are expected to have benefited from higher demand from commercial and industrial customers, new rates as well as cost management.

Other symbols:CMSEIXESNEESOXEL
1 month ago - Zacks Investment Research

Electric Highway Coalition Grows to 14 Members, More Than Doubling Participation

COLUMBUS, Ohio, July 26, 2021 /PRNewswire/ -- The Electric Highway Coalition (EHC) has doubled the number of companies committed to enabling long distance electric vehicle (EV) travel through a network ...

2 months ago - PRNewsWire

AEP CEO on the continued impact of remote work, clean energy transition and hiring workers

American Electric Power Chairman, CEO and President Nick Akins joined CNBC's Jim Cramer on Thursday's edition of "Mad Money," discussing the business impacts of remote work and the "clean energy economy."

2 months ago - CNBC Television

American Electric (AEP) Q2 Earnings Beat, Revenues Rise Y/Y

American Electric's (AEP) Q2 earnings improve 9.3% year over year. Its revenues beat the Zacks Consensus Estimate by a whisker.

2 months ago - Zacks Investment Research

American Electric Power (AEP) Q2 Earnings and Revenues Top Estimates

AEP (AEP) delivered earnings and revenue surprises of 3.51% and 0.01%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

2 months ago - Zacks Investment Research

Recap: American Electric Power Q2 Earnings

Shares of American Electric Power (NASDAQ:AEP) rose 0.1% in pre-market trading after the company reported Q2 results. Quarterly Results Earnings per share increased 9.26% over the past year to $1.18, wh...

2 months ago - Benzinga

AEP Reports Strong Second-Quarter 2021 Earnings

COLUMBUS, Ohio, July 22, 2021 /PRNewswire/ -- AMERICAN ELECTRIC POWER Preliminary, unaudited results Second Quarter ended June 30 Year-to-date ended June 30 2021 2020 Variance 2021 2020 Variance Revenue...

2 months ago - PRNewsWire

Why American Electric (AEP) Might Surprise This Earnings Season

American Electric (AEP) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

2 months ago - Zacks Investment Research

American Electric (AEP) to Post Q2 Earnings: What's in Store?

American Electric's (AEP) Q2 results are expected to reflect favorable weather patterns along with the company's focus on its operational efficiency gains

2 months ago - Zacks Investment Research

AEP Declares Quarterly Dividend On Common Stock

COLUMBUS, Ohio, July 20, 2021 /PRNewswire/ -- The Board of Directors of American Electric Power Co. (Nasdaq: AEP) today declared a regular quarterly cash dividend of 74 cents a share on the company's co...

2 months ago - PRNewsWire

American Electric Power (AEP) Earnings Expected to Grow: Should You Buy?

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.

2 months ago - Zacks Investment Research