Latest news with #AmericanElectricPower
Business Insider
11 hours ago
- Business
- Business Insider
Barclays Keeps Their Hold Rating on American Electric Power (AEP)
Barclays analyst Nicholas Campanella maintained a Hold rating on American Electric Power on July 17 and set a price target of $105.00. The company's shares closed yesterday at $107.40. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. According to TipRanks, Campanella is a 5-star analyst with an average return of 9.1% and a 65.32% success rate. Campanella covers the Utilities sector, focusing on stocks such as Centerpoint Energy, Evergy, and Edison International. American Electric Power has an analyst consensus of Moderate Buy, with a price target consensus of $111.00, which is a 3.35% upside from current levels. In a report released on July 16, J.P. Morgan also maintained a Hold rating on the stock with a $111.00 price target. The company has a one-year high of $110.48 and a one-year low of $89.91. Currently, American Electric Power has an average volume of 2.91M.
Yahoo
10-07-2025
- Business
- Yahoo
Implied Volatility Surging for American Electric Power Stock Options
Investors in American Electric Power Company, Inc. AEP need to pay close attention to the stock based on moves in the options market lately. That is because the Jul 18, 2025 $135 Call had some of the highest implied volatility of all equity options today. Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could also mean there is an event coming up soon that may cause a big rally or a huge sell-off. However, implied volatility is only one piece of the puzzle when putting together an options trading strategy. Clearly, options traders are pricing in a big move for American Electric Power shares, but what is the fundamental picture for the company? Currently, American Electric Power is a Zacks Rank #3 (Hold) in the Utility - Electric Power industry that ranks in the Top 33% of our Zacks Industry Rank. Over the last 30 days, the Zacks Consensus Estimate for the current quarter has moved from $1.25 per share to $1.23 in that the way analysts feel about American Electric Power right now, this huge implied volatility could mean there's a trade developing. Oftentimes, options traders look for options with high levels of implied volatility to sell premium. This is a strategy many seasoned traders use because it captures decay. At expiration, the hope for these traders is that the underlying stock does not move as much as originally expected. Check out the simple yet high-powered approach that Zacks Executive VP Kevin Matras has used to close recent double and triple-digit winners. In addition to impressive profit potential, these trades can actually reduce your to see the trades now >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report American Electric Power Company, Inc. (AEP) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Bloomberg
09-07-2025
- Business
- Bloomberg
Ohio Rules That Data Centers Will Pay for Minimum Energy Needs
Regulators in Ohio, a key data center market, ruled that data centers will have to pay for some of their energy requests regardless of whether the electricity ends up being needed. On Wednesday, regulators voted through a settlement proposed by American Electric Power Co., with some modifications. Under the AEP proposal, facilities would need to pay for at least 85% of the energy they say they need each month even if they use less, helping to fund grid upgrades.
Yahoo
09-07-2025
- Business
- Yahoo
What to Expect From American Electric Power's Next Quarterly Earnings Report
Valued at a market cap of $55.5 billion, American Electric Power Company, Inc. (AEP) is an electric public utility holding company based in Columbus, Ohio. It generates, transmits, and distributes electricity to retail and wholesale customers and also engages in wholesale energy trading and marketing business. The company is scheduled to announce its fiscal Q2 earnings for 2025 on Tuesday, Jul. 29. Prior to this event, analysts project this utility company to report a profit of $1.23 per share, down 1.6% from $1.25 per share in the year-ago quarter. The company has a promising trajectory of consistently surpassing or meeting Wall Street's bottom-line estimates in each of the last four quarters. Its earnings of $1.54 per share in the previous quarter topped the consensus estimates by 10.8%. Nat-Gas Prices Slip as US Weather Forecasts Cool Red Sea Attacks by Houthi Rebels Lift Crude Prices Crude Prices Supported by Elevated Risks in the Middle East Get exclusive insights with the FREE Barchart Brief newsletter. Subscribe now for quick, incisive midday market analysis you won't find anywhere else. For the full year, analysts expect AEP to report EPS of $5.86, up 4.3% from $5.62 in fiscal 2024. Its EPS is expected to further grow by 7.3% year-over-year to $6.29 in fiscal 2026. AEP has surged 19.3% over the past 52 weeks, outpacing both the S&P 500 Index's ($SPX) 11.7% return and the Utilities Select Sector SPDR Fund's (XLU) 18.3% uptick over the same time frame. AEP delivered better-than-expected Q1 results on May 6, and its shares rose marginally in the following trading session. The company's revenue came in at $5.5 billion, up 8.7% year-over-year and 2.2% ahead of the consensus estimates. Moreover, its operating EPS of $1.54 advanced 21.3% from the same period last year and topped Wall Street expectations by 10.8%. Looking ahead to fiscal 2025, the AEP reaffirmed its operating EPS guidance of $5.75 to $5.95, and maintained its long-term projected growth rate of 6% to 8%. Wall Street analysts are moderately optimistic about AEP's stock, with a "Moderate Buy" rating overall. Among 20 analysts covering the stock, six recommend "Strong Buy," one indicates a "Moderate Buy," 12 suggest "Hold,' and one advises a "Strong Sell' rating. The mean price target for AEP is $110.53, which indicates a 6.3% potential upside from the current levels. On the date of publication, Neharika Jain did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
CNBC
08-07-2025
- Business
- CNBC
Goldman Sachs says these buy-rated stocks offer solid dividends
Dividend-paying stocks may offer ballast in times of market volatility, even when equities are climbing higher. The S & P 500 was little changed on Tuesday, one day after President Donald Trump rocked the markets with the announcement of steep tariffs against South Korea, Japan and other trading partners starting Aug. 1. Still, the S & P 500 is positive for the year after selling off in April on Trump's first tariffs announcements. Dividend stocks tend to be favored by investors as a way to earn income and hedge some of the volatility. But not all are created equal. Goldman Sachs particularly likes dividend growth stocks, meaning companies that have a history of increasing their payouts. The investment bank recently highlighted some stocks it likes that offer solid dividend yields, strong dividend growth and whose payouts are well covered by earnings. The latter, measured by the "coverage ratio," indicates companies' ability to keep paying their dividends. The stocks are all rated buy at Goldman and have a 2% or higher dividend yield estimated for the fiscal year, which runs from July 2025 to June 2026. They also have at least a 5% compound annual growth rate (CAGR) in dividend-per-share estimated from 2024 through 2026, as well as solid growth in free-cash flow or earnings per share. Each has a dividend coverage ratio of 1x or higher. Here are 10 of the companies that made the Goldman screen. Citigroup , Wells Fargo and Bank of America are among the banks that recently announced plans to raise their dividends after passing the latest Federal Reserve stress tests of their financial health in the event of an economic downturn. Bank of America is raising its quarterly dividend by 8% to 28 cents per share, beginning in the third quarter of 2025. Wells Fargo is boosting its payout by 12.5% to 45 cents per share from 40 cents and Citigroup is increasing its dividend by 4 cents to 60 cents per share. All three names have an estimated dividend-per-share compound annual growth rate from 2024 to 2026 in the double digits. Goldman also sees double-digit returns ahead for the stocks. Two utilities on the bank's buy list are NextEra Energy and American Electric Power . The former has an estimated dividend yield of 3.2% for fiscal year 2025, while the latter has an anticipated yield of 3.6%. NextEra Energy has an estimated dividend-per-share CAGR of 10% between 2024 and 2026, while American Electric Power's is 7%. Shares of NextEra, the largest U.S. renewable power developer, tumbled 3.5% on Tuesday, one day after President Trump signed an executive order ending subsidies for wind and solar energy . The company currently has 119 wind projects in North America. The stock is up less than 1% year to date. American Electric Power, on the other hand, has gained 12% so far this year. It has been a disappointing year for Lowe's investors. The home improvement retailer is down about 9% year to date, but stood by its full-year forecast when it reported quarterly results in late May, saying it can navigate near-term uncertainty and housing-market headwinds. Lowe's has an estimated yield of 2.2% for fiscal year 2025 and an 8% CAGR in dividend per share. Lastly, American Homes 4 Rent has an estimated 3.3% dividend yield for fiscal year 2025. The real estate investment trust focuses on single-family rentals and owns more than 60,000 properties in 24 states. In May, American Homes 4 Rent reiterated its full-year financial guidance , including core funds from operations, coming in between $1.80 to $1.86 per share. The stock has lost 5% year to date.
