American Express Company (NYSE:AXP) Short Interest Update

American Express Company (NYSE:AXP) saw a large decrease in short interest in the month of January. As of January 15th, there was short interest totaling 8,041,941 shares, a decrease of 12.1% from the December 31st total of 9,151,837 shares. Approximately 1.2% of the company’s shares are short sold. Based on an average daily volume of 3,187,956 shares, the days-to-cover ratio is currently 2.5 days. Based on an average daily volume of 3,187,956 shares, the days-to-cover ratio is currently 2.5 days. Approximately 1.2% of the company’s shares are short sold.

American Express Stock Performance

Shares of AXP stock opened at $353.43 on Thursday. The company has a debt-to-equity ratio of 1.68, a quick ratio of 1.66 and a current ratio of 1.68. American Express has a 52 week low of $220.43 and a 52 week high of $387.49. The company’s 50 day moving average price is $368.85 and its two-hundred day moving average price is $344.68. The company has a market capitalization of $243.46 billion, a P/E ratio of 22.96, a price-to-earnings-growth ratio of 1.48 and a beta of 1.14.

American Express (NYSE:AXPGet Free Report) last issued its quarterly earnings data on Friday, January 30th. The payment services company reported $3.53 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.54 by ($0.01). American Express had a return on equity of 33.49% and a net margin of 15.00%.The company had revenue of ($17,139.00) million for the quarter, compared to the consensus estimate of $18.91 billion. During the same period in the prior year, the company earned $3.04 EPS. The firm’s revenue was up 10.5% on a year-over-year basis. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. On average, analysts expect that American Express will post 15.33 earnings per share for the current fiscal year.

American Express Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, February 10th. Stockholders of record on Friday, January 2nd will be issued a $0.82 dividend. This represents a $3.28 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date is Friday, January 2nd. American Express’s payout ratio is 21.31%.

Trending Headlines about American Express

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

Institutional Investors Weigh In On American Express

Hedge funds and other institutional investors have recently bought and sold shares of the company. Joseph Group Capital Management bought a new stake in shares of American Express in the fourth quarter worth $26,000. Valley Wealth Managers Inc. increased its stake in American Express by 153.3% in the 3rd quarter. Valley Wealth Managers Inc. now owns 76 shares of the payment services company’s stock valued at $25,000 after buying an additional 46 shares during the last quarter. Manning & Napier Advisors LLC bought a new stake in American Express during the 3rd quarter worth about $27,000. Access Investment Management LLC acquired a new position in shares of American Express during the 2nd quarter worth about $26,000. Finally, Briaud Financial Planning Inc bought a new position in shares of American Express in the 2nd quarter valued at about $26,000. Institutional investors and hedge funds own 84.33% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms recently commented on AXP. TD Cowen reiterated a “hold” rating on shares of American Express in a report on Thursday, January 8th. Wells Fargo & Company boosted their target price on American Express from $400.00 to $425.00 and gave the stock an “overweight” rating in a research report on Wednesday, December 17th. Morgan Stanley set a $395.00 price target on shares of American Express in a research report on Tuesday, January 20th. Truist Financial reduced their price objective on shares of American Express from $420.00 to $400.00 and set a “buy” rating on the stock in a research note on Monday. Finally, Weiss Ratings raised shares of American Express from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, December 29th. Nine equities research analysts have rated the stock with a Buy rating, fifteen have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $353.05.

Read Our Latest Analysis on American Express

About American Express

(Get Free Report)

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.

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