American Express Company (AXP)
| Market Cap | 169.73B |
| Revenue (ttm) | 56.90B |
| Net Income (ttm) | 9.00B |
| Shares Out | 719.30M |
| EPS (ttm) | 12.14 |
| PE Ratio | 19.44 |
| Forward PE | 17.82 |
| Dividend | $2.80 (1.19%) |
| Ex-Dividend Date | Jul 5, 2024 |
| Volume | 1,861,273 |
| Open | 233.55 |
| Previous Close | 233.81 |
| Day's Range | 232.97 - 236.19 |
| 52-Week Range | 140.91 - 244.41 |
| Beta | 1.22 |
| Analysts | Buy |
| Price Target | 221.95 (-5.94%) |
| Earnings Date | Jul 19, 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, AXP's revenue was $55.59 billion, an increase of 9.69% compared to the previous year's $50.68 billion. Earnings were $8.37 billion, an increase of 11.45%.
Financial StatementsAnalyst Forecast
According to 21 analysts, the average rating for AXP stock is "Buy." The 12-month stock price forecast is $221.95, which is a decrease of -5.94% from the latest price.
News
Amex is making it easier to snag exclusive restaurant reservations
American Express is acquiring Tock restaurant booking platform in a $400 million deal.
This is how much the largest 20 U.S. banks raised dividends after stress tests
With another round of Federal Reserve stress tests in the books, many large U.S. banks have already announced dividend increases. Analysts at Jefferies compiled the data in a report sent to clients ea...
American Express Stock Is Up 23% YTD, What To Expect?
American Express' stock (NYSE: AXP) has gained 23% YTD, compared to the 15% rise in the S&P500 over the same period. In sharp contrast, American Express' peer Capital One (NYSE: COF) was up just 5% YT...
Federal Reserve says all 31 banks in annual stress test withstood a severe hypothetical downturn
The Federal Reserve said Wednesday that the biggest banks operating in the U.S. would be able to withstand a severe recession scenario. Each of the 31 banks in this year's regulatory exercise cleared ...
American Express - Morgan Stanley Conference Key Takeaways: Outlook And Analyst Questions
Takeaways from American Express AXP presentation at Morgan Stanley conference
American Express buys Tock restaurant booking platform for $400 million
American Express is buying Squarespace-owned restaurant booking platform Tock for $400 million to expand its foothold in the dining industry, a category that accounted for $100 billion in spending on ...
American Express to Acquire Restaurant Tech Providers Tock, Rooam
American Express has announced agreements to acquire two technology providers — Tock and Rooam — to expand its suite of digital tools for restaurants and merchants. Both transactions are subject to cu...
AmEx buys dining reservation company Tock from Squarespace for $400M
American Express will acquire the dining reservation and event management platform Tock from Squarespace for $400 million cash.
American Express just announced two acquisitions: find out more
American Express Company (NYSE: AXP) is in focus this morning after announcing two new acquisitions. Shares of the credit card company have gained more than 25% since their year-to-date low in mid-Ja...
AmEx to buy restaurant booking platform Tock for $400 mln
American Express is buying Squarespace-owned restaurant booking platform Tock for $400 million to expand its foothold in the dining industry, one of the biggest spending categories on its cards.
Squarespace Agrees to Sell Tock Platform to American Express for $400 Million
NEW YORK , June 21, 2024 /PRNewswire/ -- Squarespace (NYSE: SQSP), the design-driven platform helping entrepreneurs build brands and businesses online, today announced an agreement to sell Tock, the r...
To Enhance Dining Platform, American Express Enters Agreement to Acquire Tock from Squarespace; Also Agrees to Acquire Rooam
NEW YORK--(BUSINESS WIRE)--American Express (NYSE: AXP) today announced an agreement to acquire Tock, a reservation, table, and event management technology provider, from Squarespace (NYSE: SQSP), the...
American Express Plans Live Audio Webcast of Second Quarter 2024 Earnings Conference Call
NEW YORK--(BUSINESS WIRE)--American Express Company (NYSE: AXP) plans to host a live audio webcast of its earnings conference call at 8:30 a.m. (ET) on Friday, July 19, 2024, to discuss second-quarter...
Citigroup Analyst Sees Limited Near-Term Upside For American Express Despite Positive Long-Term Outlook - Here's Why
Citigroup analyst Keith Horowitz initiated coverage on American Express Co AXP Monday with a Neutral rating and a price target of $250.
American Express's stock offers ‘attractive long-term' potential, but it's pricey: analyst
American Express Co. drew praise Monday as an “attractive long-term core holding” due to its growth prospects and “strong” management team, but it's currently trading at a relatively high valuation, C...
Calls of the Day: AMD, American Express, Snowflake and Uber
The Investment Committee discuss the latest Calls Of The Day.
eBay to stop accepting American Express over ‘unacceptably high' fees
Online marketplace behemoth eBay said it plans to no longer accept American Express, citing what the company says are “unacceptably high fees” and that customers have other payment options to shop onl...
EBay cuts ties with American Express over fees
CNBC's Kate Rooney joins 'Power Lunch' to discuss eBay's plan to cut ties with Amex over high fees.
Calls of the Day: Costco, Edwards Lifesciences, Citigroup, American Express & Fedex
The Investment Committee give you their take on the latest Calls of the Day.
Final Trades: 2-Year Treasury, Trade Desk, American Express and the XBI
The Investment Committee gives you their top names to watch for the second half.
American Express Zooms Ahead as Gen Z Gets Hooked on Card Rewards
Amex has found that young spenders enjoy perks as much or more than their parents. Now it has to keep them happy.
Chart Master: Time to sell GS and AXP?
Carter Worth, Worth Charting, joins 'Fast Money' to discuss what he's seeing in the key levels for financials.
American Express and Emburse Bring Integrated Expense Management Solution to Commercial Customers
NEW YORK & DALLAS--(BUSINESS WIRE)--American Express (NYSE:AXP) and Emburse: What it is: American Express, a leader in global business payments, and Emburse, a leading provider of travel and expense s...
American Express to Participate in Upcoming Investor Conferences
NEW YORK--(BUSINESS WIRE)--American Express Company (NYSE: AXP) today announced its participation in upcoming investor conferences. On Thursday, May 30, 2024, Chairman and CEO Stephen J. Squeri will p...