American Express Company (NYSE:AXP) Receives $357.47 Consensus Price Target from Brokerages

Shares of American Express Company (NYSE:AXP) have been given an average rating of “Hold” by the twenty-four brokerages that are covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating, thirteen have issued a hold rating, nine have given a buy rating and one has given a strong buy rating to the company. The average 1-year target price among brokerages that have updated their coverage on the stock in the last year is $359.05.

A number of research firms have issued reports on AXP. Wells Fargo & Company decreased their target price on American Express from $425.00 to $415.00 and set an “overweight” rating for the company in a research report on Thursday, April 9th. Barclays decreased their target price on American Express from $323.00 to $322.00 and set an “equal weight” rating for the company in a research report on Friday, April 24th. UBS Group reissued a “neutral” rating and issued a $395.00 target price on shares of American Express in a research report on Wednesday, February 4th. Loop Capital began coverage on American Express in a research report on Thursday. They issued a “buy” rating and a $389.00 target price for the company. Finally, Freedom Capital raised American Express from a “hold” rating to a “strong-buy” rating in a research report on Thursday, May 14th.

Institutional Trading of American Express

A number of large investors have recently bought and sold shares of AXP. Valley Wealth Managers Inc. boosted its holdings in shares of American Express by 153.3% in the third quarter. Valley Wealth Managers Inc. now owns 76 shares of the payment services company’s stock worth $25,000 after acquiring an additional 46 shares during the period. Evolution Wealth Management Inc. boosted its holdings in shares of American Express by 6,600.0% in the fourth quarter. Evolution Wealth Management Inc. now owns 67 shares of the payment services company’s stock worth $25,000 after acquiring an additional 66 shares during the period. Joseph Group Capital Management bought a new position in shares of American Express in the fourth quarter worth $26,000. Sfam LLC bought a new position in shares of American Express in the fourth quarter worth $26,000. Finally, Manning & Napier Advisors LLC bought a new position in shares of American Express in the third quarter worth $27,000. 84.33% of the stock is owned by hedge funds and other institutional investors.

American Express News Summary

Here are the key news stories impacting American Express this week:

• Positive Sentiment: American Express announced a strategic partnership with Fanatics that includes a co-branded Fanatics American Express card, exclusive fan experiences, and broader payment acceptance across select Fanatics channels, which could help drive new card acquisitions and spending volume. Article Title
• Positive Sentiment: AmEx expanded its sports-commerce strategy with Fanatics through a rewards integration and new card offering, reinforcing its premium brand and loyalty ecosystem. Article Title
• Positive Sentiment: Multiple commentary pieces pointed to American Express as one of Warren Buffett’s favorite long-term holdings, which can support investor confidence in AXP’s durable business model and valuation. Article Title
• Positive Sentiment: American Express and Main Street America awarded more than $10 million in grants to over 500 small businesses, underscoring the company’s ongoing support for Main Street merchants and small-business relationships. Article Title

American Express Stock Performance

Shares of AXP opened at $309.93 on Friday. The company has a current ratio of 1.57, a quick ratio of 1.56 and a debt-to-equity ratio of 1.73. The company has a market capitalization of $211.48 billion, a price-to-earnings ratio of 19.33, a PEG ratio of 1.26 and a beta of 1.08. The stock has a 50 day moving average of $311.23 and a 200 day moving average of $340.89. American Express has a 12 month low of $281.46 and a 12 month high of $387.49.

American Express (NYSE:AXP) last released its earnings results on Thursday, April 23rd. The payment services company reported $4.28 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.01 by $0.27. American Express had a return on equity of 33.95% and a net margin of 15.13%.The business had revenue of $14.22 billion during the quarter, compared to the consensus estimate of $18.60 billion. During the same period last year, the business posted $3.64 earnings per share. The business’s revenue for the quarter was up 11.4% on a year-over-year basis. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. As a group, sell-side analysts forecast that American Express will post 17.59 earnings per share for the current year.

American Express Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, May 8th. Shareholders of record on Friday, April 3rd were given a $0.95 dividend. This is an increase from American Express’s previous quarterly dividend of $0.82. This represents a $3.80 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend was Thursday, April 2nd. American Express’s dividend payout ratio (DPR) is 23.71%.

American Express Company Profile

American Express is a global financial services company primarily known for its payment card products, travel services and merchant network. Founded in 1850 as an express mail business, the company evolved through the 20th century into a payments and travel-focused organization. Its core activities include issuing consumer and commercial charge and credit cards, operating a global card acceptance and processing network, and providing travel-related services and customer loyalty programs.

American Express issues a range of products for individuals, small businesses and large corporations, including personal cards, business and corporate cards, and co‑brand partnerships with airlines, hotels and retailers.