American Electric Power
AEP
Market cap $51.3B

96.31 USD

+2.55

2.72%

At close Nov 15, 4:00 PM EST

After hours

96.24

-0.07

0.07%

1 day

2.72%

5 days

0.32%

1 month

-3.36%

3 months

-0.26%

6 months

4.72%

Year to date

15.79%

1 year

25.85%

5 years

7.54%

10 years

68.40%

About: American Electric Power is one of the largest regulated utilities in the United States, providing electricity generation, transmission, and distribution to more than 5 million customers in 11 states. About 42% of AEP's of capacity is coal, with the remainder from a mix of natural gas (27%), renewable energy and hydro (21%), nuclear (8%), and demand response (2%). Vertically integrated utilities, transmission and distribution, and generation and marketing support earnings.

Employees: 16,800

Utilities Electric Services

0

Funds holding %

of 6,704 funds

0

Analysts bullish %

of 15 analysts

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

43% more call options, than puts

Call options by funds: $376M | Put options by funds: $262M

33% more first-time investments, than exits

New positions opened: 158 | Existing positions closed: 119

14% more capital invested

Capital invested by funds: $36.5B [Q2] → $41.8B (+$5.28B) [Q3]

3% more funds holding

Funds holding: 1,401 [Q2] → 1,440 (+39) [Q3]

9% more repeat investments, than reductions

Existing positions increased: 542 | Existing positions reduced: 496

2.28% less ownership

Funds ownership: 78.95% [Q2] → 76.67% (-2.28%) [Q3]

18% less funds holding in top 10

Funds holding in top 10: 11 [Q2] → 9 (-2) [Q3]

See Fund Rankings

Research analyst outlook

15 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$95

1%

downside

Avg. target

$105

9%

upside

High target

$114

18%

upside

15 analyst ratings

8 positive

53%

5 neutral

33%

2 negative

13%

BMO Capital James Thalacker 74% 1-year accuracy 55 / 74 met price target	8%upside $104	Outperform Maintained	7 Nov 2024
UBS William Appicelli 100% 1-year accuracy 3 / 3 met price target	1%downside $95	Sell Maintained	7 Nov 2024
Wells Fargo Neil Kalton 69% 1-year accuracy 33 / 48 met price target	6%upside $102	Equal-Weight Maintained	7 Nov 2024
Evercore ISI Group Durgesh Chopra 75% 1-year accuracy 15 / 20 met price target	0%downside $96	In-Line Maintained	7 Nov 2024
JP Morgan Jeremy Tonet 69% 1-year accuracy 20 / 29 met price target	16%upside $112	Overweight Maintained	18 Oct 2024

See Analyst Rankings

Financial journalist opinion

Based on 20 articles about AEP published over the past 30 days

AEP Leveraging Fuel Cell Technology to Power Data Center Growth

This customer-focused effort is the largest utility fuel cell initiative in the country COLUMBUS, Ohio , Nov. 14, 2024 /PRNewswire/ -- American Electric Power (Nasdaq: AEP) is offering large customers a custom solution to support their growing energy needs with fuel cell technology. AEP has an agreement in place to secure up to 1 gigawatt (GW) of Bloom Energy solid oxide fuel cells for data centers and other large energy users who need to quickly power their operations while the grid is built out to accommodate demand.

AEP Leveraging Fuel Cell Technology to Power Data Center Growth

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American Electric Power Company, Inc. (AEP) Q3 2024 Earnings Call Transcript

American Electric Power Company, Inc. (NASDAQ:AEP ) Q3 2024 Earnings Conference Call November 6, 2024 9:00 AM ET Company Participants Darcy Reese - VP, IR William Fehrman - President, CEO Charles Zebula - EVP & CFO Conference Call Participants Shar Pourezza - Guggenheim Partners Steven Fleischman - Wolfe Research Jeremy Tonet - JPMorgan David Arcaro - Morgan Stanley Julien Dumoulin-Smith - Jefferies Nicholas Campanella - Barclays Carly Davenport - Goldman Sachs Andrew Wiesel - Scotiabank. William Appicelli - UBS Anthony Crowdell - Mizuho Ryan Levine - Citi Operator Thank you for standing by.

American Electric Power Company, Inc. (AEP) Q3 2024 Earnings Call Transcript

Zacks Investment Research

American Electric's Q3 Earnings Beat Estimates, Revenues Rise Y/Y

AEP's third-quarter earnings beat the Zacks Consensus Estimate by 3.9%. The company trims its 2024 adjusted EPS outlook.

American Electric's Q3 Earnings Beat Estimates, Revenues Rise Y/Y

Zacks Investment Research

AEP (AEP) Reports Q3 Earnings: What Key Metrics Have to Say

The headline numbers for AEP (AEP) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

AEP (AEP) Reports Q3 Earnings: What Key Metrics Have to Say

Zacks Investment Research

American Electric Power (AEP) Q3 Earnings and Revenues Beat Estimates

American Electric Power (AEP) came out with quarterly earnings of $1.85 per share, beating the Zacks Consensus Estimate of $1.78 per share. This compares to earnings of $1.77 per share a year ago.

American Electric Power (AEP) Q3 Earnings and Revenues Beat Estimates

AEP Reports Third-Quarter 2024 Earnings, Introduces New Growth Rate and Capital Plan

Third-quarter 2024 GAAP earnings of $1.80 per share; operating earnings of $1.85 per share Narrows 2024 operating earnings (non-GAAP) guidance to $5.58 to $5.68 per share, maintaining $5.63 midpoint Announces new long-term growth rate of 6% to 8% based off of 2025 operating earnings guidance of $5.75 to $5.95 per share Expands five-year capital plan to $54 billion to support reliability and demand growth AMERICAN ELECTRIC POWER Preliminary, unaudited results Third Quarter ended September 30 Year-to-date ended September 30 2024 2023 Change 2024 2023 Change Revenue ($ in billions): 5.4 5.3 0.1 15.0 14.4 0.6 Earnings ($ in millions): GAAP 959.6 953.7 5.9 2,303.0 1,871.9 431.1 Operating (non-GAAP) 985.4 923.8 61.6 2,317.8 2,077.6 240.2 EPS ($): GAAP 1.80 1.83 (0.03) 4.35 3.62 0.73 Operating (non-GAAP) 1.85 1.77 0.08 4.38 4.02 0.36 EPS based on 532 million shares 3Q 2024, 520 million shares 3Q 2023, 529 million shares YTD 2024 and 517 million shares YTD 2023 COLUMBUS, Ohio , Nov. 6, 2024 /PRNewswire/ -- American Electric Power (Nasdaq: AEP) today reported third-quarter 2024 earnings, prepared in accordance with Generally Accepted Accounting Principles (GAAP), of $960 million or $1.80 per share, compared with GAAP earnings of $954 million or $1.83 per share in third-quarter 2023. Operating earnings for third-quarter 2024 were $985 million or $1.85 per share, compared with operating earnings of $924 million or $1.77 per share in third-quarter 2023.

AEP Reports Third-Quarter 2024 Earnings, Introduces New Growth Rate and Capital Plan

American Electric Power Gears Up For Q3 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

American Electric Power Company, Inc. AEP will release earnings results for its third quarter, before the opening bell on Wednesday, Nov. 6.

American Electric Power Gears Up For Q3 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

Zacks Investment Research

What's in Store for American Electric Power in Q3 Earnings?

AEP's Q3 results are likely to reflect the benefits of a warmer weather pattern and higher transmission revenues.

What's in Store for American Electric Power in Q3 Earnings?

Zacks Investment Research

Exploring Analyst Estimates for AEP (AEP) Q3 Earnings, Beyond Revenue and EPS

Looking beyond Wall Street's top -and-bottom-line estimate forecasts for AEP (AEP), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended September 2024.

Exploring Analyst Estimates for AEP (AEP) Q3 Earnings, Beyond Revenue and EPS

See News Rankings

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