American Express Company (AXP)
| Market Cap | 167.24B |
| Revenue (ttm) | 56.90B |
| Net Income (ttm) | 9.00B |
| Shares Out | 723.87M |
| EPS (ttm) | 12.14 |
| PE Ratio | 19.03 |
| Forward PE | 17.81 |
| Dividend | $2.80 (1.21%) |
| Ex-Dividend Date | Apr 4, 2024 |
| Volume | 7,551,045 |
| Open | 218.84 |
| Previous Close | 217.50 |
| Day's Range | 218.84 - 231.60 |
| 52-Week Range | 140.91 - 231.69 |
| Beta | 1.23 |
| Analysts | Hold |
| Price Target | 199.50 (-13.65%) |
| Earnings Date | Apr 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 22 analysts, the average rating for AXP stock is "Hold." The 12-month stock price forecast is $199.5, which is a decrease of -13.65% from the latest price.
News
AXP Rises After Earnings: Best Positioned Credit Card Stocks
American Express (AXP) rises after beating earnings. The Sevens Report's Tom Essaye and Morningstar's Michael Miller discuss this as American Express' 1Q revenue grew 11% year-over-year.
Netflix (NFLX) Pulls Back & American Express (AXP) Rises After Earnings
Netflix (NFLX) pulls back after earnings. Jenny Horne discusses this as Netflix is to stop reporting quarterly membership numbers in 1Q 2025.
60% of New Amex Accounts Are Opened by Gen Z, Millennials
Younger, affluent consumers are showing notable resilience when it comes to spending on experiences and travel — and using their credit cards to do so. To that end, Amex said Friday (April 19) that th...
American Express Posts Earnings Beat, Affirms 2024 Growth Projections
American Express (AXP) on Friday reported first-quarter revenue and profit that came in above analyst expectations, and affirmed full-year growth guidance for 2024.
American Express has the best credit quality compared to other credit card issuers: CFRA's Yokum
Alexander Yokum, CFRA Research banking analyst, joins 'Squawk Box' to break down American Express' quarterly earnings results, the state of the consumer, and more.
American Express' Q1 revenue starts strong with an 11% increase
American Express on April 19 reported an 11% increase to $15.8 billion in its FY24's first-quarter revenue as compared with $14.3 billion in the previous year. The EPS also saw an increase of 39% to $...
American Express beats profit estimates on strong spending by wealthy customers
American Express's first-quarter profit vaulted past Wall Street estimates on Friday, driven by an affluent customer base that increased spending as recession fears receded.
Amex sees 7% boost in card spending as profit crushes estimates
American Express Co. saw an acceleration in new card acquisitions during the latest quarter, and it recorded a profit beat for that period.
American Express First-Quarter Revenue Increased 11% to $15.8 Billion and EPS Increased 39% to $3.33, Reflecting Continued Business Momentum
NEW YORK--(BUSINESS WIRE)--American Express Company (NYSE: AXP) today reported first-quarter net income of $2.4 billion, or $3.33 per share, compared with net income of $1.8 billion, or $2.40 per shar...
American Express Stock Is Up 17% YTD, What To Expect From Q1?
American Express (NYSE: AXP) is scheduled to report its fiscal Q1 2024 results on Friday, April 19, 2024. We expect American Express AXP to top the consensus estimates of revenues and earnings.
Final Trades: Interactive Brokers, American Express and COWZ
The Investment Committee share their top stocks to watch for the second half.
Technical Support: PG, AXP & NFLX
Jessica Inskip, Options Play director of product, joins 'Power Lunch' to give the read on chart technicals for a few stocks.
Earnings setup: UnitedHealth, Johnson & Johnson, Genuine Parts, P&G, Taiwan Semi & American Express
The Investment Committee give you their earnings setup for next week.
Calls of the Day: Chevron, Qualcomm, Costco, Nasdaq and American Express
The Investment Committee discuss the latest Calls of the Day.
Calls of the Day: Nasdaq, American Express, Freeport-McMoRan and Cisco
The Investment Committee discusses the latest Calls of the Day.
Stocks This Week: Buy Disney And American Express
The Cycles Research scan of the S&P 100 seeks stocks that are superior in terms of both relative strength and price cycles. Here are a pair of stocks that stand out.
Calls of the Day: Uber, Netflix, UnitedHealth, American Express and Vertiv Holdings
The Investment Committee discusses the latest Calls Of The Day.
Up 21% YTD, Where Is American Express Stock Headed?
American Express' stock (NYSE: AXP) has gained 21% YTD, as compared to the 10% rise in the S&P500 over the same period. Further, it is currently trading at $228 per share, which is 11% above its fair ...
Amex GBT to Acquire Global Business Travel Solutions Provider CWT
American Express Global Business Travel (Amex GBT) agreed to acquire global business travel and meetings solutions provider CWT for $570 million. The planned acquisition would offer CWT's 4,000 custom...
Amex GBT to Acquire CWT
NEW YORK--(BUSINESS WIRE)--Amex GBT to Acquire CWT.
Top Toronto Chefs Team up With Square and American Express to Discuss Key Ingredients for Restaurant Success
TORONTO--(BUSINESS WIRE)--Tonight, Toronto's top restaurant industry experts will be inspired by an evening of insights from leading chefs, and exclusive, curated dishes, courtesy of Square and Americ...
American Express Plans Live Audio Webcast of First-Quarter 2024 Earnings Conference Call and Annual Meeting of Shareholders
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, April 19, 2024, to discuss first-quarter...
Mount Logan Capital Inc. Announces Fourth Quarter and Fiscal 2023 Financial Results
Achieved significant milestones in 2023 including a record year for asset management revenue, completion of Ability's $250 million reinsurance agreement resulting in total investments in excess of $1 ...
American Express Reveals 2024 Top Travel Trends
NEW YORK--(BUSINESS WIRE)--American Express Travel® released its 2024 Global Travel Trends Report1 today, highlighting the inspiration and trends driving global travel bookings this year. The report, ...
Daily Dividend Report: GD, Amgen, American Express, Philip Morris, KAI
The board of directors of General Dynamics today declared a regular quarterly dividend of $1.42 per share on the company's common stock, payable May 10, 2024, to shareholders of record on April 12, 20...