Investing In American Electric Power Company Inc. (NASDAQ: AEP): Why Should You?

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Earlier, Yahoo Finance discussed this stock as it revealed AEP Receives Top Customer Service Awards from EEI and Key Business Customers.

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Stocks Info

The company is listed on the NASDAQ and operates within the Utilities – Regulated Electric industry segment. At the end of the last regular session, the stock closed at $79.69 and fluctuated between $79.74 as its day high and $77.58 as its day low. The current market capitalization of American Electric Power Company Inc. is $41.91B. A total of 2.75 million shares were traded on the day, compared to an average of 3.57M shares.

Insider Activity

Furthermore, investors take into consideration insider trades when predicting a stock’s future trajectory. During the recent three months, AEP has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 24 BUYs and 58 SELLs from insiders. Insiders purchased 263,259 shares during that period but sold 176,849.

In the most recent transaction, Akins Nicholas K sold 10,491 shares of AEP for 92.75 per share on May 02. After the transaction, the Executive Chair now owns 125,520 company shares. In a previous transaction on May 02, Feinberg David Matthew sold 1,616 shares at 92.75 per share. AEP shares that Executive Vice President owns now total 8,925.

Among the insiders who sold shares, Beam Christian T disposed of 513 shares on May 02 at a per-share price of $92.75. This resulted in the Executive Vice President holding 4,453 shares of AEP after the transaction. In another insider transaction, Feinberg David Matthew sold 3,997 shares at $91.69 per share on Mar 21. Company shares held by the Executive Vice President now total 11,871.

Dividend

The dividend paying company demonstrates a positive outlook for investors and helps them generate immediate cash. American Electric Power Company Inc. pays an annual dividend of $3.37, resulting in a dividend yield of 4.23%, and it has a price to earnings (P/E) ratio of 18.31. AEP’s most recent ex-dividend date was 2/8/2024 when it declared a $0.88 quarterly dividend that was paid in cash on 3/8/2024. Previously, the company paid the dividend on 12/8/2023 with an ex-dividend date of 11/9/2023. The AEP stock dividend was $0.88 per share in cash.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. According to analysts who have offered 12-month price targets for AEP in the last 3 months, the mean price target is $86.72 with high estimates of $99.00 and low estimates of $75.50. In terms of 52-week highs and lows, AEP has a high of $96.05 and a low of $69.38.

As of this writing, AEP has an earnings estimate of $1.26 per share for the current quarter. EPS was calculated based on a consensus of 13 estimates, with a high estimate of $1.29 per share and a lower estimate of $1.19. The company reported an EPS of $1.13 in the last quarter, which was 0.90% higher than expectations of $1.12.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. AEP’s latest balance sheet shows that the firm has $623.80M in Cash & Short Term Investments as of fiscal 2021. There were $36.66B in debt and $12.43B in liabilities at the time. Its Book Value Per Share was $48.15, while its Total Shareholder’s Equity was $22.68B.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for AEP is Buy with a score of 3.83.

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