American Electric Power (NASDAQ:AEP) Releases FY 2026 Earnings Guidance

American Electric Power (NASDAQ:AEP) issued an update on its FY 2026 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of 6.120-6.420 for the period, compared to the consensus estimate of 6.360. The company issued revenue guidance of -.

American Electric Power Stock Down 0.6%

NASDAQ:AEP traded down $0.80 during midday trading on Thursday, reaching $131.76. The company had a trading volume of 3,106,050 shares, compared to its average volume of 3,336,905. The firm has a market capitalization of $71.62 billion, a price-to-earnings ratio of 19.35, a PEG ratio of 3.22 and a beta of 0.56. The stock’s fifty day simple moving average is $132.71 and its 200-day simple moving average is $124.06. American Electric Power has a 12-month low of $97.46 and a 12-month high of $139.44. The company has a current ratio of 0.45, a quick ratio of 0.33 and a debt-to-equity ratio of 1.37.

American Electric Power (NASDAQ:AEP) last released its earnings results on Tuesday, May 5th. The company reported $1.64 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.57 by $0.07. The firm had revenue of $6.02 billion during the quarter, compared to analyst estimates of $5.72 billion. American Electric Power had a return on equity of 10.32% and a net margin of 16.29%.American Electric Power’s revenue was up 10.2% compared to the same quarter last year. During the same period last year, the business posted $1.54 earnings per share. American Electric Power has set its FY 2026 guidance at 6.120-6.420 EPS. On average, sell-side analysts anticipate that American Electric Power will post 6.33 earnings per share for the current fiscal year.

American Electric Power Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, June 10th. Shareholders of record on Friday, May 8th will be paid a $0.95 dividend. This represents a $3.80 annualized dividend and a yield of 2.9%. The ex-dividend date is Friday, May 8th. American Electric Power’s dividend payout ratio is currently 56.72%.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on AEP. Raymond James Financial lifted their target price on shares of American Electric Power from $138.00 to $143.00 and gave the company an “outperform” rating in a report on Tuesday, April 21st. Scotiabank lifted their price objective on American Electric Power from $131.00 to $140.00 and gave the company a “sector perform” rating in a report on Wednesday. UBS Group lifted their price objective on American Electric Power from $132.00 to $135.00 in a report on Monday, March 9th. Wall Street Zen raised American Electric Power from a “sell” rating to a “hold” rating in a report on Sunday, April 26th. Finally, BMO Capital Markets lowered their price objective on American Electric Power from $141.00 to $138.00 and set a “market perform” rating on the stock in a report on Wednesday, April 22nd. One investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and nine have assigned a Hold rating to the company. Based on data from MarketBeat, American Electric Power currently has an average rating of “Moderate Buy” and an average target price of $141.24.

Insider Activity

In other American Electric Power news, EVP Kelly J. Ferneau sold 1,351 shares of the business’s stock in a transaction on Tuesday, February 24th. The stock was sold at an average price of $131.46, for a total value of $177,602.46. Following the completion of the transaction, the executive vice president directly owned 15,410 shares in the company, valued at approximately $2,025,798.60. The trade was a 8.06% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Phillip R. Ulrich sold 4,106 shares of the business’s stock in a transaction on Friday, February 27th. The shares were sold at an average price of $132.08, for a total value of $542,320.48. Following the completion of the transaction, the executive vice president owned 42,263 shares of the company’s stock, valued at $5,582,097.04. This trade represents a 8.86% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.05% of the stock is owned by corporate insiders.

Key Stories Impacting American Electric Power

Here are the key news stories impacting American Electric Power this week:

• Positive Sentiment: Q1 results beat expectations — AEP reported stronger-than-expected Q1 revenue and EPS (revenue up ~10%, EPS beat), and reaffirmed FY2026 EPS guidance, supporting near-term earnings visibility. Read More.
• Positive Sentiment: Multiple analysts raised targets/ratings — Citigroup to $148 (neutral), Wells Fargo to $148 (overweight), Mizuho to $141 (neutral) and Barclays to $136 (equal weight), signaling broker confidence and perceived upside. Read More. Read More. Read More. Read More.
• Positive Sentiment: Long-term growth and capex plan — AEP outlined a $78B capital plan and is targeting 7%–9% earnings growth through 2030, which supports regulated growth expectations and utility-style returns. Read More.
• Positive Sentiment: Demand tailwinds — AEP reports contracted capacity surge (to ~63 GW) with ~90% tied to data centers, highlighting secular load growth potential from hyperscale customers. Read More.
• Neutral Sentiment: Earnings call transcript available — The call provides management color on execution and capital allocation; useful for longer-term thesis but less likely to move price absent new guidance. Read More.
• Negative Sentiment: CEO signals potential exit from PJM/SPP over slow interconnection — Management said membership is under review, raising regulatory/market access and execution risk that could weigh on near-term sentiment. Read More. Read More.

Hedge Funds Weigh In On American Electric Power

A number of large investors have recently modified their holdings of AEP. Compound Planning Inc. grew its position in shares of American Electric Power by 5.0% during the fourth quarter. Compound Planning Inc. now owns 11,068 shares of the company’s stock worth $1,276,000 after buying an additional 529 shares in the last quarter. Claris Financial LLC bought a new position in American Electric Power during the 4th quarter valued at $312,000. Invesco Ltd. grew its holdings in American Electric Power by 4.2% during the 4th quarter. Invesco Ltd. now owns 7,688,340 shares of the company’s stock worth $886,543,000 after acquiring an additional 313,123 shares in the last quarter. Axxcess Wealth Management LLC grew its holdings in American Electric Power by 5.0% during the 4th quarter. Axxcess Wealth Management LLC now owns 42,736 shares of the company’s stock worth $4,928,000 after acquiring an additional 2,026 shares in the last quarter. Finally, Corient Private Wealth LLC increased its position in shares of American Electric Power by 23.4% in the 4th quarter. Corient Private Wealth LLC now owns 196,707 shares of the company’s stock worth $22,682,000 after purchasing an additional 37,334 shares during the last quarter. 75.24% of the stock is currently owned by hedge funds and other institutional investors.

American Electric Power Company Profile

American Electric Power (NASDAQ: AEP) is a major investor-owned electric utility headquartered in Columbus, Ohio. The company is primarily engaged in the generation, transmission and distribution of electricity, operating a diverse portfolio of power plants and an extensive high-voltage transmission network. AEP serves retail customers through its regulated utility subsidiaries and provides wholesale power and grid services across multiple regional markets in the United States.

Operations span the full utility value chain: AEP owns and operates generation assets that include fossil-fuel, natural gas, nuclear and hydropower facilities, and it has been adding renewable resources to its mix.