American Express Company (AXP)

NYSE: AXP · IEX Real-Time Price · USD
241.32
-0.38 (-0.16%)
At close: May 16, 2024, 4:00 PM
241.68
+0.36 (0.15%)
After-hours: May 16, 2024, 7:50 PM EDT
-0.16%
Market Cap 174.09B
Revenue (ttm) 56.90B
Net Income (ttm) 9.00B
Shares Out 719.30M
EPS (ttm) 12.14
PE Ratio 19.88
Forward PE 18.06
Dividend $2.80 (1.16%)
Ex-Dividend Date Jul 5, 2024
Volume 1,661,766
Open 241.72
Previous Close 241.70
Day's Range 240.85 - 243.35
52-Week Range 140.91 - 243.54
Beta 1.20
Analysts Buy
Price Target 210.38 (-12.82%)
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]

Industry Credit Services
Sector Financials
Founded 1850
Employees 74,600
Stock Exchange NYSE
Ticker Symbol AXP
Full Company Profile

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 Statements

Analyst Forecast

According to 22 analysts, the average rating for AXP stock is "Buy." The 12-month stock price forecast is $210.38, which is a decrease of -12.82% from the latest price.

Price Target
$210.38
(-12.82% downside)
Analyst Consensus: Buy
Stock Forecasts

News

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...

6 days ago - Business Wire

Behind America's divided economy: Booming luxury travel and a jump in 'relief' loans

Consumers are acting vastly different depending on income level.

Other symbols: GRMNTSNUPST
6 days ago - CNBC

American Express Introduces Business Card for Nigerian Users

American Express is rolling out a business credit card in Nigeria, its first such product in the country.

7 days ago - PYMNTS

American Express Declares Dividend on Series D Preferred Stock and Regular Quarterly Dividend

NEW YORK--(BUSINESS WIRE)--The Board of Directors of American Express Company (NYSE: AXP) has declared a quarterly dividend on the Company's 3.550% Fixed Rate Reset Noncumulative Preferred Shares, Ser...

9 days ago - Business Wire

American Express GBT: Global Multinationals Increase Their Business Travel

American Express Global Business Travel (Amex GBT) saw global multinational customers increase their business travel during the first quarter.

9 days ago - PYMNTS

S&P Stocks To Trade In May

For this month, the cycle/relative strength concept is applied. First, the S&P 500 stocks are ranked from the best performer to the worst by calculating the expected return in that month.

Other symbols: GLHASMUODFLPENNPGRWBA
14 days ago - Forbes

American Express CEO Steve Squeri sits down with Jim Cramer

Steve Squeri, American Express Chairman and CEO, joins 'Mad Money' host Jim Cramer to talk generational trends in spending, the state of the consumer, and much more.

16 days ago - CNBC Television

Our credit numbers continue to be best in class, says American Express CEO

Steve Squeri, American Express Chairman and CEO, joins 'Mad Money' host Jim Cramer to talk generational trends in spending, the state of the consumer, and much more.

16 days ago - CNBC Television

American Express CEO explains how the company is attracting younger consumers

American Express CEO Steve Squeri told CNBC's Jim Cramer on Tuesday that Millennial and Gen Z customers made up 60% of new card acquisitions.

16 days ago - CNBC

Neutral to Bullish on FSLR, AXP, GOOGL

First Solar (FSLR), American Express (AXP), and Alphabet (GOOGL) are today's big three stocks. Jessica Inskip and Ben Lichtenstein discuss how to trade, as well as the technical trends of these names.

Other symbols: GOOGGOOGLFSLR
17 days ago - Schwab Network

Q1 Earnings Surge: Is American Express Headed for $250?

American Express (NYSE:AXP) impressed investors with its Q1 2024 earnings report released on April 19th. The company showcased robust growth, with revenue climbing 11% to $15.8 billion and earnings pe...

21 days ago - Invezz

American Express and Delta Air Lines® Bring Back Popular Airplane Metal Card Design

NEW YORK--(BUSINESS WIRE)--American Express (NYSE: AXP) and Delta Air Lines® (NYSE: DAL) today unveiled the next iteration of the limited-edition Boeing 747 Delta SkyMiles® Reserve Card design. Follow...

Other symbols: DAL
21 days ago - Business Wire

Here's why American Express (AXP) stock is beating Visa, Mastercard

American Express (NYSE: AXP) stock price is severely outperforming that of Visa (NYSE: V) and Mastercard (NYSE: MA) in 2024. Its total return has jumped by over 25% this year while Visa and Mastercard...

Other symbols: MAV
23 days ago - Invezz

Chart Master: Getting a technical look at Charles Schwab and American Express

Carter Worth, Worth Charting, joins 'Fast Money' to get technical with two financial stocks.

Other symbols: SCHW
24 days ago - CNBC Television

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.

27 days ago - Schwab Network

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.

Other symbols: NFLX
27 days ago - Schwab Network

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...

27 days ago - PYMNTS

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.

27 days ago - Investopedia

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.

27 days ago - CNBC Television

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 $...

27 days ago - Invezz

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.

27 days ago - Reuters

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.

27 days ago - Market Watch

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...

27 days ago - Business Wire

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.

4 weeks ago - Forbes

Final Trades: Interactive Brokers, American Express and COWZ

The Investment Committee share their top stocks to watch for the second half.

Other symbols: IBKRCOWS
4 weeks ago - CNBC Television