American Express Company (NYSE:AXP) Stock Has Average Target Price of $365.22 According to Brokerages

Shares of American Express Company (NYSE:AXP – Get Free Report) have earned an average recommendation of “Moderate Buy” from the thirty-two research firms that are currently covering the firm, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating, thirteen have issued a hold rating, seventeen have assigned a buy rating and one has assigned a strong buy rating to the company. The average 1-year target price among analysts that have issued a report on the stock in the last year is $365.22.

A number of equities research analysts have recently issued reports on AXP shares. Citigroup cut their target price on American Express from $340.00 to $335.00 and set a “neutral” rating on the stock in a research report on Tuesday, October 27th. Barclays reduced their price target on shares of American Express from $342.00 to $340.00 and set an “equal weight” rating for the company in a research report on Monday, October 26th. Truist Financial lowered their price target on American Express from $375.00 to $370.00 and set a “buy” rating on the stock in a report on Wednesday, September 23rd. Piper Sandler upped their price target on American Express from $396.00 to $405.00 and gave the company an “overweight” rating in a research report on Wednesday, August 12th. Finally, Morgan Stanley reduced their price objective on American Express from $382.00 to $380.00 and set an “equal weight” rating for the company in a research note on Monday, October 12th.

Read Our Latest Research Report on AXP

American Express Price Performance

Shares of NYSE:AXP opened at $323.67 on Friday. The stock has a market cap of $217.04 billion, a price-to-earnings ratio of 19.06, a PEG ratio of 1.36 and a beta of 1.09. The company has a debt-to-equity ratio of 1.64, a current ratio of 1.58 and a quick ratio of 1.58. American Express has a 12 month low of $290.97 and a 12 month high of $387.49. The stock’s 50 day moving average price is $315.90 and its 200 day moving average price is $325.25.

American Express (NYSE:AXP – Get Free Report) last issued its quarterly earnings results on Friday, October 23rd. The payment services company reported $4.68 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.50 by $0.18. The firm had revenue of $20.06 billion during the quarter, compared to analyst estimates of $20.12 billion. American Express had a return on equity of 34.19% and a net margin of 15.80%. The firm’s quarterly revenue was up 8.9% on a year-over-year basis. During the same period last year, the company posted $4.14 EPS. American Express has set its FY 2026 guidance at 17.600-17.900 EPS. Equities research analysts anticipate that American Express will post 17.98 earnings per share for the current fiscal year.

American Express Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, November 10th. Investors of record on Friday, October 9th were given a dividend of $0.95 per share. The ex-dividend date of this dividend was Friday, October 9th. This represents a $3.80 dividend on an annualized basis and a yield of 1.2%. American Express’s dividend payout ratio (DPR) is presently 21.40%.

Insider Buying and Selling at American Express

In other American Express news, insider Anna Marrs sold 44,910 shares of the business’s stock in a transaction dated Monday, November 2nd. The stock was sold at an average price of $327.20, for a total value of $14,694,552.00. Following the transaction, the insider owned 20,509 shares in the company, valued at $6,710,544.80. The trade was a 68.65% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Laureen Seeger sold 69,860 shares of the company’s stock in a transaction dated Monday, November 2nd. The stock was sold at an average price of $328.17, for a total value of $22,925,956.20. Following the completion of the transaction, the insider directly owned 9,002 shares in the company, valued at approximately $2,954,186.34. The trade was a 88.59% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 414,171 shares of company stock worth $137,069,544 over the last 90 days. 0.14% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On American Express

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Private Advisor Group LLC raised its holdings in American Express by 31.6% in the 3rd quarter. Private Advisor Group LLC now owns 62,339 shares of the payment services company’s stock worth $18,957,000 after acquiring an additional 14,983 shares during the period. Tyche Wealth Partners LLC boosted its position in shares of American Express by 2.5% in the third quarter. Tyche Wealth Partners LLC now owns 1,677 shares of the payment services company’s stock valued at $510,000 after acquiring an additional 41 shares during the period. Ieq Capital LLC boosted its position in shares of American Express by 110.1% in the third quarter. Ieq Capital LLC now owns 7,399 shares of the payment services company’s stock valued at $2,250,000 after acquiring an additional 3,877 shares during the period. Boston Partners grew its stake in shares of American Express by 2.0% in the third quarter. Boston Partners now owns 2,358,607 shares of the payment services company’s stock worth $717,330,000 after acquiring an additional 46,252 shares during the last quarter. Finally, OneAscent Financial Services LLC grew its stake in shares of American Express by 2.9% in the third quarter. OneAscent Financial Services LLC now owns 3,812 shares of the payment services company’s stock worth $1,159,000 after acquiring an additional 109 shares during the last quarter. Institutional investors own 84.33% of the company’s stock.

Key Headlines Impacting American Express

Here are the key news stories impacting American Express this week:

About American Express

(Get Free Report)

American Express Company is a global payments and financial services company that operates a card-issuing business and a payments network. Its products and services include consumer, small-business and corporate cards, payment processing, lending, travel services and expense-management solutions. Founded in 1850 as an express mail business, the company expanded into financial services and became known for its charge cards and travel-related services. Today, it serves cardholders and businesses in the United States and markets around the world, connecting customers, merchants and financial institutions through its network.

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Analyst Recommendations for American Express (NYSE:AXP)

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