American Electric Power (AEP) Given Coverage Optimism Score of 0.16
Media headlines about American Electric Power (NYSE:AEP) have trended somewhat positive on Saturday, according to Accern. The research group rates the sentiment of media coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. American Electric Power earned a daily sentiment score of 0.16 on Accern’s scale. Accern also assigned news stories about the utilities provider an impact score of 45.6346976193907 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
These are some of the news stories that may have impacted Accern Sentiment’s analysis:
- Consensus Estimates and Trading Data for American Electric Power Company, Inc. (AEP) – Market Movers (financialqz.com)
- Financial Review: American Electric Power (AEP) and PG&E (PCG) (americanbankingnews.com)
- AEP’s $4.5B Wind Catcher aims to overcome bumpy reception – E&E News (eenews.net)
- ETFs with exposure to American Electric Power Co., Inc. : December 14, 2017 (finance.yahoo.com)
- How AEP Stock Performed Compared to Peers This Year (finance.yahoo.com)
Shares of American Electric Power (NYSE:AEP) traded up $0.25 during midday trading on Friday, hitting $76.54. The company had a trading volume of 3,758,890 shares, compared to its average volume of 1,959,001. The firm has a market capitalization of $37,525.94, a P/E ratio of 21.92, a PEG ratio of 4.44 and a beta of 0.30. The company has a current ratio of 0.56, a quick ratio of 0.43 and a debt-to-equity ratio of 1.01. American Electric Power has a 52-week low of $61.82 and a 52-week high of $78.07.
American Electric Power (NYSE:AEP) last released its quarterly earnings data on Thursday, October 26th. The utilities provider reported $1.10 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $1.16 by ($0.06). The business had revenue of $4.10 billion during the quarter, compared to analysts’ expectations of $4.42 billion. American Electric Power had a return on equity of 9.67% and a net margin of 12.21%. The company’s revenue was down 12.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.30 EPS. research analysts expect that American Electric Power will post 3.61 EPS for the current year.
The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 8th. Shareholders of record on Friday, November 10th were given a $0.62 dividend. This is a boost from American Electric Power’s previous quarterly dividend of $0.59. The ex-dividend date was Thursday, November 9th. This represents a $2.48 annualized dividend and a yield of 3.24%. American Electric Power’s dividend payout ratio is presently 64.92%.
AEP has been the subject of several recent research reports. BidaskClub raised American Electric Power from a “hold” rating to a “buy” rating in a report on Tuesday, August 22nd. KeyCorp reaffirmed a “buy” rating and set a $73.00 price target on shares of American Electric Power in a report on Friday, September 1st. Royal Bank of Canada reaffirmed a “hold” rating and set a $71.00 price target on shares of American Electric Power in a report on Monday, September 4th. Morgan Stanley reaffirmed an “equal weight” rating on shares of American Electric Power in a report on Friday, September 8th. Finally, Mizuho downgraded American Electric Power from a “buy” rating to a “neutral” rating and decreased their price target for the stock from $74.00 to $73.00 in a report on Friday, September 22nd. One analyst has rated the stock with a sell rating, seven have given a hold rating and eight have given a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average target price of $74.82.
About American Electric Power
American Electric Power Company, Inc (AEP) is a public utility holding company that owns, directly or indirectly, all of the outstanding common stock of its public utility subsidiaries and varying percentages of other subsidiaries. The service areas of the Company’s public utility subsidiaries cover the states of Arkansas, Indiana, Kentucky, Louisiana, Michigan, Ohio, Oklahoma, Tennessee, Texas, Virginia and West Virginia.
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