American Electric Power Company, Inc. (AEP)

NASDAQ: AEP · Delayed Price · USD
89.40
0.57 (0.64%)
At close: Jan 27, 2022 4:00 PM
89.25
-0.15 (-0.17%)
After-hours:Jan 27, 2022 7:41 PM EST
Market Cap44.38B
Revenue (ttm)16.34B
Net Income (ttm)2.38B
Shares Out496.39M
EPS (ttm)4.76
PE Ratio18.77
Forward PE16.84
Dividend$3.04 (3.40%)
Ex-Dividend DateFeb 9, 2022
Volume3,234,415
Open89.08
Previous Close88.83
Day's Range89.00 - 90.52
52-Week Range74.80 - 91.66
Beta0.36
AnalystsBuy
Price Target98.25 (+9.9%)
Earnings DateFeb 24, 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, 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

Financial Statements

Analyst Forecast

According to 19 analysts, the average rating for AEP stock is "Buy." The 12-month stock price forecast is 98.25, which is an increase of 9.90% from the latest price.

Price Target
$98.25
(9.90% upside)
Analyst Consensus: Buy

News

AEP NAMES GRANATA VICE PRESIDENT OF SAFETY AND HEALTH

COLUMBUS, Ohio, Jan. 27, 2022 /PRNewswire/ -- American Electric Power (Nasdaq: AEP) has named Michael Granata, vice president, Safety & Health, effective Feb. 5. He will report to Lisa Barton, executive...

21 hours ago - PRNewsWire

Bimbo Bakeries USA Joins Environmental Protection Agency's Green Power Partnership

Company Ranked 41 On EPA's National Top 100 List Of Largest Green Power Users Company Ranked 41 On EPA's National Top 100 List Of Largest Green Power Users

1 day ago - GlobeNewsWire

AEP INCLUDED IN BLOOMBERG GENDER-EQUALITY INDEX FOR FOURTH CONSECUTIVE YEAR

COLUMBUS, Ohio, Jan. 26, 2022 /PRNewswire/ -- American Electric Power (Nasdaq: AEP) was recognized in the 2022 Bloomberg Gender-Equality Index (GEI), which highlights companies dedicated to disclosing t...

1 day ago - PRNewsWire

AEP DECLARES QUARTERLY DIVIDEND ON COMMON STOCK

COLUMBUS, Ohio, Jan. 18, 2022 /PRNewswire/ -- The Board of Directors of American Electric Power Co. (Nasdaq: AEP) today declared a regular quarterly cash dividend of 78 cents a share on the company's co...

1 week ago - PRNewsWire

AEP NAMED ONE OF AMERICA'S MOST JUST COMPANIES FOR SECOND CONSECUTIVE YEAR

COLUMBUS, Ohio, Jan. 11, 2022 /PRNewswire/ -- American Electric Power (Nasdaq: AEP) has been named to the JUST 100 2022 list, which recognizes companies that set the standard in commitment to their stak...

2 weeks ago - PRNewsWire

AEP ANNOUNCES REMARKETING OF $805 MILLION IN AGGREGATE PRINCIPAL AMOUNT OF DEBT UNDERLYING ITS EQUITY UNITS

COLUMBUS, Ohio, Jan. 4, 2022 /PRNewswire/ -- American Electric Power (Nasdaq: AEP) announced today that it has successfully remarketed its 3.40% Junior Subordinated Debentures due 2024 (the "Original De...

3 weeks ago - PRNewsWire

AEP COMPLETES SALE OF RACINE HYDRO PLANT

COLUMBUS, Ohio, Dec. 30, 2021 /PRNewswire/ -- American Electric Power (Nasdaq: AEP) today completed the sale of Racine Plant, a 48-megawatt (MW) hydroelectric facility in Racine, Ohio, from AEP Generati...

4 weeks ago - PRNewsWire

Indiana Michigan Power is "Powering the Next Opportunity" by Giving $215,000 in Economic Development Grants to Local ...

FORT WAYNE, Ind., Dec. 16, 2021 /PRNewswire/ -- Indiana Michigan Power (I&M), an American Electric Power (Nasdaq: AEP) company, is dedicated to improving the quality of life and growing the communities ...

1 month ago - PRNewsWire

3 Utility Stocks for Safe Income

Utility companies like Consolidated Edison, American Electric Power Company, and NextEra Energy are sought after by investors for their predictability, and ability to pay steady and growing dividend. Th...

Other symbols:EDNEE
1 month ago - InvestorPlace

AEP Recognized As One Of America's Most Responsible Companies

COLUMBUS, Ohio, Dec. 2, 2021 /PRNewswire/ -- American Electric Power (Nasdaq: AEP) has been named one of America's Most Responsible Companies by Newsweek for the second consecutive year. AEP was one of ...

1 month ago - PRNewsWire

Jim Cramer's investment playbook for the Covid omicron variant

"I'm not necessarily saying the economy will be able to keep on chugging without overheating now ... but it's a real possibility," the "Mad Money" host said.

1 month ago - CNBC

AEP Ohio Rate Case Settlement with 13 Others Approved By PUCO

GAHANNA, Ohio, Nov. 17, 2021 /PRNewswire/ -- AEP Ohio, an American Electric Power (Nasdaq: AEP) company, has received approval from the Public Utilities Commission of Ohio (PUCO) for new base rates for ...

2 months ago - PRNewsWire

Indiana Michigan Power Enters Rate Settlement Agreement that Provides Significant Customer Benefits

FORT WAYNE, Ind., Nov. 17, 2021 /PRNewswire/ -- Indiana Michigan Power (I&M), an American Electric Power (Nasdaq: AEP) company, has filed with the Indiana Utility Regulatory Commission (IURC) a rate set...

2 months ago - PRNewsWire

PSO issues Requests for Proposals for purchase of wind and solar generation resources

TULSA, Okla., Nov. 17, 2021 /PRNewswire/ -- Public Service Company of Oklahoma (PSO), a subsidiary of American Electric Power (Nasdaq: AEP), today submitted Requests for Proposals (RFP) for renewable en...

2 months ago - PRNewsWire

AEP chief says U.S. power grid can handle influx of EVs

CNBC's Jim Cramer on Friday asked American Electric Power CEO Nick Akins about how utilities will handle the increasing amount of electric vehicles depending on grids across the country.

2 months ago - CNBC Television

'We could handle it right now' — AEP chief says U.S. power grid can sustain influx of EVs

The increasing popularity of electric vehicles doesn't threaten the U.S. power grid, American Electric Power CEO Nick Akin told CNBC's Jim Cramer on Friday.

2 months ago - CNBC

AEP Highlights Planned Capital Investments In Renewables And Energy Grid, Reaffirms Operating Earnings Growth Rate Of...

COLUMBUS, Ohio , Nov. 5, 2021 /PRNewswire/ -- American Electric Power (Nasdaq: AEP) plans to invest in its regulated businesses and renewable generation as it continues to transform and build a cleaner,...

2 months ago - PRNewsWire

AEP Subsidiary Southwestern Electric Power Company to Redeem Senior Notes

COLUMBUS, Ohio, Nov. 3, 2021 /PRNewswire/ -- Southwestern Electric Power Company, a public utility subsidiary of American Electric Power (Nasdaq: AEP), announced that on Dec. 3, 2021, it will redeem the...

2 months ago - PRNewsWire

American Electric (AEP) Q3 Earnings Miss, Revenues Beat

American Electric's (AEP) third-quarter 2021 adjusted earnings missed the Zacks Consensus Estimate by 0.7%. Net Sales improved 12.2% from the year-ago quarter.

2 months ago - Zacks Investment Research

American Electric Power (AEP) Q3 Earnings Lag Estimates

AEP (AEP) delivered earnings and revenue surprises of -0.69% and 3.75%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

2 months ago - Zacks Investment Research

AEP Reports Solid Third-Quarter 2021 Earnings; Narrows 2021 Guidance Range To Upper Half, Raising Midpoint

COLUMBUS, Ohio, Oct. 28, 2021 /PRNewswire/ --  AMERICAN ELECTRIC POWER Preliminary, unaudited results Third Quarter ended September 30 Year-to-date ended September 30 2021 2020 Variance 2021 2020 Varian...

3 months ago - PRNewsWire

AEP To Sell Kentucky Operations To Liberty, Subsidiary Of Algonquin Power & Utilities

COLUMBUS, Ohio, Oct. 26, 2021 /PRNewswire/ -- American Electric Power (Nasdaq: AEP) has entered into an agreement to sell its Kentucky operations, which include Kentucky Power and AEP Kentucky Transco, ...

Other symbols:AQN
3 months ago - PRNewsWire

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

American Electric (AEP) Q3 results are likely to reflect positive impact from economic recovery and rate increase across its service territories.

3 months ago - Zacks Investment Research

Analysts Estimate American Electric Power (AEP) to Report a Decline in Earnings: What to Look Out for

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.

3 months ago - Zacks Investment Research

AEP Schedules Live Webcast Of Quarterly Earnings Call

COLUMBUS, Ohio, Oct. 21, 2021 /PRNewswire/ -- American Electric Power (Nasdaq: AEP) has scheduled a quarterly earnings conference call with financial analysts at 9 a.m. ET Thursday, Oct. 28.

3 months ago - PRNewsWire