American Electric Power Co Inc

American Electric Power Co Inc Stock Forecast & Price Prediction

Live American Electric Power Co Inc Stock (AEP) Price
$100.28

17

Ratings

  • Buy 6
  • Hold 11
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$100.28

P/E Ratio

20.06

Volume Traded Today

$1.9M

Dividend

$0.88

52 Week High/low

105.18/72.01

American Electric Power Co Inc Market Cap

$53.36B

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AEP Summary

The American Electric Power Co Inc (AEP) share price is expected to increase by 0.64% over the next year. This is based on calculating the average 12-month share price estimate provided by 17 stock analysts who have covered AEP. Price targets range from $86 at the low end to $114 at the high end. The current analyst consensus for AEP is a buy. Please note analyst price targets are not guaranteed and could be missed completely.

AEP Analyst Ratings

About 17 Wall Street analysts have assignedAEP 6 buy ratings, 11 hold ratings, and 0 sell ratings. This means that analysts expect American Electric Power Co Inc to hold. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on AEP. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.

AEP stock forecast by analyst

These are the latest 20 analyst ratings of AEP.

Analyst/Firm

Rating

Price Target

Change

Date

James Thalacker
BMO Capital

Outperform

$111

Maintains

Oct 4, 2024
James Thalacker
BMO Capital

Outperform

$114

Maintains

Oct 3, 2024
Stephen Byrd
Morgan Stanley

Overweight

$108

Maintains

Sep 25, 2024
Julien Dumoulin-Smith
Jefferies

Hold

$107

Initiates

Sep 19, 2024
James Thalacker
BMO Capital

Outperform

$109

Maintains

Sep 9, 2024
Julien Dumoulin-Smith
B of A Securities

Underperform

$98

Maintains

Aug 29, 2024
Stephen Byrd
Morgan Stanley

Overweight

$102

Maintains

Aug 23, 2024
Andrew Weisel
Scotiabank

Sector Outperform

$108

Maintains

Aug 20, 2024
Jeremy Tonet
JP Morgan

Overweight

$108

Maintains

Aug 7, 2024
Julien Dumoulin-Smith
B of A Securities

Underperform

$97

Downgrade

Aug 6, 2024
Nicholas Campanella
Barclays

Equal-Weight

$96

Maintains

Aug 1, 2024
James Thalacker
BMO Capital

Outperform

$105

Maintains

Jul 31, 2024
Andrew Weisel
Scotiabank

Sector Outperform

$99

Maintains

Jul 31, 2024
James Thalacker
BMO Capital

Outperform

$104

Maintains

Jul 29, 2024
Shahriar Pourreza
Guggenheim

Neutral

$83

Maintains

Jul 22, 2024

JP Morgan

Overweight


Maintains

Jul 19, 2024
Stephen Byrd
Morgan Stanley

Overweight

$94

Maintains

Jun 24, 2024
Paul Fremont
Ladenburg Thalmann

Neutral


Upgrade

Jun 6, 2024
Stephen Byrd
Morgan Stanley

Overweight

$98

Maintains

May 28, 2024
James Thalacker
BMO Capital

Outperform

$99

Maintains

May 14, 2024

AEP Company Information

What They Do: Provides electricity generation and distribution services.

Business Model: The company operates as a public utility, generating, transmitting, and distributing electricity to both retail and wholesale customers. It earns revenue through the sale of electricity generated from a diverse mix of energy sources, including coal, natural gas, nuclear, and renewables. Additionally, it supplies electric power wholesale to other utilities and cooperatives.

Other Information: Incorporated in 1906, American Electric Power Company is headquartered in Columbus, Ohio, and operates through various segments, ensuring a comprehensive approach to energy needs across different markets.
AEP
American Electric Power Co Inc (AEP)

When did it IPO

1970

Staff Count

17,250

Country

United States

Sector/Industry

Utilities/Utilities - Regulated Electric

CEO

Mr. William J. Fehrman

Market Cap

$53.36B

American Electric Power Co Inc (AEP) Financial Data

In 2023, AEP generated $18.98B in revenue, which was a decrease of -3.35% from the previous year. This can be seen as a signal that AEP's business is declining, and its share price could be worth less in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

$14.92B

Revenue From 2021

$16.79B

12.56 %
From Previous Year

Revenue From 2022

$19.64B

16.96 %
From Previous Year

Revenue From 2023

$18.98B

-3.35 %
From Previous Year
  • Revenue TTM $19.52B
  • Operating Margin TTM 18.9%
  • Gross profit TTM $11.13B
  • Return on assets TTM 2.7%
  • Return on equity TTM 10.5%
  • Profit Margin 13.5%
  • Book Value Per Share 49.13%
  • Market capitalisation $53.36B
  • Revenue for 2021 $16.79B
  • Revenue for 2022 $19.64B
  • Revenue for 2023 $18.98B
  • EPS this year (TTM) $5.00

American Electric Power Co Inc (AEP) Latest News

News Image

Mon, 30 Sep 2024

Sentiment - NEUTRAL

Source - PRNewsWire

Summary - American Electric Power has sold its distributed resources business, OnSite Partners, to Basalt Infrastructure Partners LLC.

Why It Matters - The sale of OnSite Partners may indicate a strategic shift for American Electric Power, potentially affecting its growth strategy and cash flow, impacting its stock performance.

News Image

Fri, 27 Sep 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - Investors in Utility - Electric Power stocks are evaluating Entergy (ETR) and American Electric Power (AEP) for value opportunities.

Why It Matters - The comparison between Entergy and American Electric Power highlights investment opportunities in the utility sector, guiding value investors toward potentially favorable stock choices.

News Image

Mon, 16 Sep 2024

Sentiment - POSITIVE

Source - The Motley Fool

Summary - American Electric Power has a 113-year history of paying quarterly dividends and currently offers a forward dividend yield of 3.4%.

Why It Matters - American Electric Power's long history of consistent dividends signals financial stability, while a 3.4% yield may attract income-focused investors looking for reliable returns.

News Image

Tue, 17 Sep 2024

Sentiment - POSITIVE

Source - Investors Business Daily

Summary - American Electric Power (AEP) stock has broken out and is now listed among top dividend stocks, while Nvidia remains inactive.

Why It Matters - AEP's breakout and status as a top dividend stock signal strong financial health, attracting income-focused investors and potentially boosting stock demand.

News Image

Thu, 12 Sep 2024

Sentiment - POSITIVE

Source - The Motley Fool

Summary - American Electric Power offers a high-yield dividend, enhancing passive income for investors. Carrier Global's transformation in the HVAC sector is nearing completion.

Why It Matters - American Electric Power's high-yield dividend enhances passive income potential, while Carrier Global's near-complete transformation signals potential growth, impacting stock valuations and investment strategies.

News Image

Tue, 03 Sep 2024

Sentiment - NEUTRAL

Source - PRNewsWire

Summary - American Electric Power (AEP) was recognized as one of the top utilities for economic development by Site Selection magazine, highlighting its positive impact in the sector.

Why It Matters - American Electric Power's recognition as a top utility in economic development may signal strong operational performance and potential for growth, positively influencing investor sentiment and stock value.

...

AEP Frequently asked questions

The highest forecasted price for AEP is $114 from James Thalacker at BMO Capital.

The lowest forecasted price for AEP is $86 from Andrew Weisel from Scotiabank

The AEP analyst ratings consensus are 6 buy ratings, 11 hold ratings, and 0 sell ratings.