AEP stock quote is a popular choice among investors, and for good reason. AEP, or American Electric Power, is one of the largest electric utilities in the US.
The company has a long history, dating back to 1906 when it was founded by a group of investors. Today, AEP serves over 5 million customers across 11 states.
AEP's market capitalization is around $40 billion, making it a significant player in the industry. Its stock is listed on the New York Stock Exchange (NYSE) under the ticker symbol AEP.
AEP's revenue has been steadily increasing over the years, with a growth rate of around 5% annually.
Stock Performance
American Electric Power Co Inc's stock performance is a crucial aspect to consider when investing in the company. The stock has a market cap of $54,657,143,000 and is listed on the NASDAQ exchange.
The stock's price has fluctuated over the years, with a 52-week high of $105.18 and a 52-week low of $75.22. This significant price movement can be attributed to various market and economic factors.
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Let's take a look at the stock's performance over the past year. According to the data, the 1-year change is 30.94%, indicating a substantial increase in the stock's value.
Here's a summary of the stock's performance over the past year:
The stock's beta is 0.55, indicating a relatively stable performance compared to the overall market. This is a positive sign for investors looking for a relatively low-risk investment opportunity.
Financial Information
AEP's financial performance in 2023 was a bit of a mixed bag.
Their revenue was $18.98 billion, a decrease of -3.35% from the previous year's $19.64 billion.
Earnings were $2.21 billion, a decrease of -4.30%.
Company Overview
American Electric Power (AEP) is a major investor-owned electric utility in the United States.
They deliver electricity to over five million customers in 11 states.
AEP engages in the generation, transmission, and distribution of electricity for sale to retail and wholesale customers in the United States.
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Overview
American Electric Power Co Inc is a major investor-owned electric utility in the United States. It delivers electricity to over five million customers in 11 states.
The company is an electric public utility holding company that engages in the generation, transmission, and distribution of electricity for sale to retail and wholesale customers in the US.
American Electric Power Co Inc has a strong presence, serving a significant number of customers across multiple states.
Its primary focus is on providing electricity to its customers, with a wide range of services and operations that support this goal.
The company has a significant market value, with its stock performance being a key aspect of its overall financial health.
Fuel Cell Technology for Data Center Growth
American Electric Power (AEP) is leveraging fuel cell technology to power data center growth.
This effort is the largest utility fuel cell initiative in the country, aiming to meet the increasing demand for data centers.
AEP is offering large customers a customer-focused solution, utilizing fuel cell technology to provide reliable and efficient power.
The company's focus on fuel cell technology is driven by the surging demand for data centers, which is expected to continue growing.
AEP is poised to grow earnings and dividends by 50% over the next five years, driven by this demand and efficiency gains.
The company's commitment to fuel cell technology is a key factor in its expected growth and success.
Analyst Insights
Analyst Forecast is looking a bit bearish on AEP stock, with an average rating of "Hold" from 15 analysts. The 12-month stock price forecast is $96.07, which is a decrease of -3.99% from the latest price.
Analysts are predicting a steady increase in AEP's revenue over the next few years, with an average estimate of $21,468 for 2025, $22,090 for 2026, $22,605 for 2027, and $24,112 for 2028.
The average dividend per share is expected to increase from $3.79 in 2025 to $4.31 in 2028, with a corresponding increase in dividend yield from 3.69% to 4.20% over the same period.
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Here's a breakdown of the estimated earnings per share (EPS) for AEP over the next few years:
As you can see, analysts are expecting a steady increase in EPS over the next few years, with a projected increase of 22.4% from 2025 to 2028.
AEP's net profit is also expected to increase over the next few years, with an estimated net profit of $3,164 in 2025, $3,441 in 2026, $3,733 in 2027, and $4,084 in 2028.
The number of analysts providing earnings estimates for AEP varies over time, but currently stands at 18 for the current year and 16 for the next year.
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Frequently Asked Questions
Is AEP stock good to buy now?
AEP stock has a neutral rating from brokerages, with an average recommendation of 2.70, suggesting a hold or wait-and-see approach. Considering this rating, it may be worth doing further research before making a buying decision.
What is the dividend growth rate of AEP stock?
AEP stock's dividend growth rate is 5 cents per share, aligning with the company's 6-7% operating earnings growth range. This increase reflects the company's steady financial performance.
Has AEP stock ever split?
No, AEP stock has not split in our database. This suggests a consistent dividend payment history, but more information can be found on AEP's dividend history and payment record.
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