American Electric Power Company, Inc. (NASDAQ:AEP) to Post Q4 2024 Earnings of $1.48 Per Share, Zacks Research Forecasts

American Electric Power Company, Inc. (NASDAQ:AEP) – Analysts at Zacks Research reduced their Q4 2024 earnings estimates for American Electric Power in a research note issued to investors on Wednesday, April 24th. Zacks Research analyst R. Department now forecasts that the company will post earnings of $1.48 per share for the quarter, down from their previous estimate of $1.49. The consensus estimate for American Electric Power’s current full-year earnings is $5.54 per share. Zacks Research also issued estimates for American Electric Power’s Q3 2025 earnings at $1.39 EPS, Q4 2025 earnings at $2.02 EPS and FY2025 earnings at $5.90 EPS.

Several other analysts also recently weighed in on AEP. Barclays lifted their price target on shares of American Electric Power from $83.00 to $84.00 and gave the company an “equal weight” rating in a research note on Monday, April 15th. Scotiabank reduced their price objective on shares of American Electric Power from $92.00 to $86.00 and set a “sector outperform” rating for the company in a research note on Monday, April 22nd. Cfra reissued a “buy” rating and issued a $92.00 price objective (up previously from $90.00) on shares of American Electric Power in a research note on Tuesday, February 27th. BMO Capital Markets boosted their price objective on shares of American Electric Power from $87.00 to $88.00 and gave the stock an “outperform” rating in a research note on Tuesday, February 27th. Finally, StockNews.com downgraded shares of American Electric Power from a “hold” rating to a “sell” rating in a research note on Friday, March 15th. Three equities research analysts have rated the stock with a sell rating, three have given a hold rating and seven have given a buy rating to the company. Based on data from MarketBeat, American Electric Power currently has an average rating of “Hold” and a consensus target price of $86.08.

American Electric Power Stock Performance

American Electric Power stock opened at $85.26 on Friday. The company has a 50 day moving average price of $83.53 and a 200-day moving average price of $80.46. The company has a debt-to-equity ratio of 1.49, a quick ratio of 0.36 and a current ratio of 0.53. American Electric Power has a fifty-two week low of $69.38 and a fifty-two week high of $93.56. The company has a market capitalization of $44.90 billion, a PE ratio of 20.06, a P/E/G ratio of 3.07 and a beta of 0.51.

American Electric Power (NASDAQ:AEP) last posted its quarterly earnings results on Tuesday, February 27th. The company reported $1.23 earnings per share for the quarter, missing the consensus estimate of $1.26 by ($0.03). American Electric Power had a net margin of 11.64% and a return on equity of 11.04%. The company had revenue of $4.60 billion for the quarter, compared to the consensus estimate of $5.12 billion. During the same period in the prior year, the firm posted $1.05 EPS. The business’s revenue was down 6.1% on a year-over-year basis.

Hedge Funds Weigh In On American Electric Power

Large investors have recently made changes to their positions in the business. Bogart Wealth LLC grew its holdings in shares of American Electric Power by 7.8% during the first quarter. Bogart Wealth LLC now owns 1,650 shares of the company’s stock valued at $142,000 after buying an additional 119 shares during the last quarter. Personal CFO Solutions LLC grew its holdings in shares of American Electric Power by 2.5% during the fourth quarter. Personal CFO Solutions LLC now owns 5,345 shares of the company’s stock valued at $434,000 after buying an additional 130 shares during the last quarter. BLB&B Advisors LLC boosted its holdings in American Electric Power by 4.0% in the fourth quarter. BLB&B Advisors LLC now owns 3,405 shares of the company’s stock valued at $277,000 after purchasing an additional 131 shares during the last quarter. Dorsey & Whitney Trust CO LLC boosted its holdings in American Electric Power by 4.4% in the third quarter. Dorsey & Whitney Trust CO LLC now owns 3,150 shares of the company’s stock valued at $237,000 after purchasing an additional 132 shares during the last quarter. Finally, Southland Equity Partners LLC boosted its holdings in American Electric Power by 4.2% in the first quarter. Southland Equity Partners LLC now owns 3,302 shares of the company’s stock valued at $284,000 after purchasing an additional 133 shares during the last quarter. 75.24% of the stock is owned by institutional investors and hedge funds.

American Electric Power Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 10th. Stockholders of record on Friday, May 10th will be given a dividend of $0.88 per share. This represents a $3.52 dividend on an annualized basis and a dividend yield of 4.13%. The ex-dividend date of this dividend is Thursday, May 9th. American Electric Power’s payout ratio is presently 82.82%.

American Electric Power Company Profile

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.