Investors’ Patience Is Being Tested Right Now By American Electric Power Company Inc. (NASDAQ: AEP)

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. Yahoo Finance discussed the stock recently as it posted AEP Completes Sale of New Mexico Solar Assets.

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Stocks Info

American Electric Power Company Inc. is listed on the NASDAQ as a member of the Utilities sector and is a part of the Utilities – Regulated Electric industry. The current market capitalization of American Electric Power Company Inc. is $44.37B. A total of 1.82 million shares were traded on the day, compared to an average of 4.02M shares.

In the most recent transaction, Akins Nicholas K sold 10,491 shares of AEP for 92.75 per share on May 02 ’23. After the transaction, the Executive Chair now owns 125,520 company shares. In a previous transaction on May 02 ’23, 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 ’23 at a per-share price of $92.75. This resulted in the Executive Vice President holding 4,453 shares of AEP after the transaction.

Dividend

It is more appealing for investors to invest in companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook for the company. American Electric Power Company Inc. pays an annual dividend of $3.42, resulting in a dividend yield of 4.06%, and it has a price to earnings (P/E) ratio of 19.85. 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.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. 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 $1.33 per share for the current quarter. EPS was calculated based on a consensus of 11 estimates, with a high estimate of $1.75 per share and a lower estimate of $1.15. The company reported an EPS of $1.77 in the last quarter, which was 4.10% higher than expectations of $1.7.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. 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 $47.98, while its Total Shareholder’s Equity was $22.68B.

Analysts Opinion

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. 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 3.50.

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