Seaport Res Ptn Comments on American Electric Power Company, Inc.’s FY2026 Earnings (NASDAQ:AEP)

American Electric Power Company, Inc. (NASDAQ:AEP) – Equities researchers at Seaport Res Ptn decreased their FY2026 earnings estimates for American Electric Power in a research report issued to clients and investors on Wednesday, April 24th. Seaport Res Ptn analyst A. Storozynski now forecasts that the company will post earnings of $6.25 per share for the year, down from their prior forecast of $6.26. The consensus estimate for American Electric Power’s current full-year earnings is $5.54 per share.

A number of other analysts also recently issued reports on AEP. Mizuho downgraded American Electric Power from a “buy” rating to a “neutral” rating and set a $83.00 price objective on the stock. in a research note on Thursday, January 11th. Barclays raised their price target on American Electric Power from $83.00 to $84.00 and gave the stock an “equal weight” rating in a research note on Monday, April 15th. LADENBURG THALM/SH SH downgraded shares of American Electric Power from a “neutral” rating to a “sell” rating and decreased their price target for the company from $75.50 to $73.00 in a research note on Friday, March 8th. StockNews.com cut American Electric Power from a “hold” rating to a “sell” rating in a research note on Friday, March 15th. Finally, Cfra restated a “buy” rating and issued a $92.00 target price (up previously from $90.00) on shares of American Electric Power in a research note on Tuesday, February 27th. Three research analysts have rated the stock with a sell rating, three have issued a hold rating and seven have given a buy rating to the stock. According to data from MarketBeat.com, American Electric Power currently has a consensus rating of “Hold” and a consensus price target of $86.08.

American Electric Power Price Performance

Shares of American Electric Power stock opened at $86.67 on Monday. The company has a market capitalization of $45.64 billion, a price-to-earnings ratio of 20.39, a PEG ratio of 3.01 and a beta of 0.51. The company has a quick ratio of 0.36, a current ratio of 0.53 and a debt-to-equity ratio of 1.49. American Electric Power has a 52 week low of $69.38 and a 52 week high of $93.56. The stock’s 50-day simple moving average is $83.63 and its 200-day simple moving average is $80.59.

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

American Electric Power Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, June 10th. Shareholders of record on Friday, May 10th will be issued a $0.88 dividend. The ex-dividend date of this dividend is Thursday, May 9th. This represents a $3.52 annualized dividend and a yield of 4.06%. American Electric Power’s payout ratio is 82.82%.

Hedge Funds Weigh In On American Electric Power

Hedge funds have recently bought and sold shares of the company. Apella Capital LLC acquired a new stake in American Electric Power in the fourth quarter valued at approximately $348,000. Rockline Wealth Management LLC acquired a new stake in shares of American Electric Power in the fourth quarter valued at about $1,982,000. Nisa Investment Advisors LLC lifted its position in shares of American Electric Power by 28.1% during the 4th quarter. Nisa Investment Advisors LLC now owns 50,434 shares of the company’s stock valued at $4,096,000 after acquiring an additional 11,065 shares during the period. Nordea Investment Management AB boosted its stake in shares of American Electric Power by 1,592.1% during the 4th quarter. Nordea Investment Management AB now owns 414,150 shares of the company’s stock worth $33,612,000 after acquiring an additional 389,675 shares in the last quarter. Finally, JPMorgan Chase & Co. grew its holdings in shares of American Electric Power by 26.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 2,531,672 shares of the company’s stock worth $190,432,000 after acquiring an additional 522,608 shares during the period. Institutional investors and hedge funds own 75.24% of the company’s stock.

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.