The American Electric Power Company, Inc. (AEP) is set to announce its latest quarterly earnings on Monday, May 4th, with a consensus estimate EPS of 1.53.
AEP's current price stands at $136.16, reflecting a $1.09 increase (0.809%) from the previous close. Trading volume is at $377,797, representing an 11.17% increase compared to the average.
In the most recent quarterly earnings report on Wednesday, February 11th, AEP reported an earnings per share of 1.19, surpassing the consensus estimate of 1.15.
AEP's forward dividend yield is at 2.79%, with a dividend per share MRQ of 95 cents and a year-over-year increase of 4.7619 cents.
Wells Fargo recently maintained AEP's grade at "Overweight" with a hold action, reflecting stability in the company's performance.
AEP's free cash flow is reported at $3.87 billion, with a net change in cash of -$838.8 million for the period.
The company's net income stands at $582 million, resulting in an earnings per share of $1.09.
Key ratios include a net profit margin of 11.53%, return on equity of 1.87%, and a price-to-earnings ratio of 25.7.
With total assets at $117.25 billion and total liabilities at $84.99 billion, AEP maintains a strong financial standing in the market.
This comprehensive overview showcases AEP's robust performance and strategic positioning in the energy sector.
American Electric Power Company, Inc., an electric public utility holding company, engages in the generation, transmission, and distribution of electricity for sale to retail and wholesale customers in the United States. It operates through Vertically Integrated Utilities, Transmission and Distribution Utilities, AEP Transmission Holdco, and Generation & Marketing segments. The company generates electricity using coal and lignite, natural gas, nuclear, hydro, solar, wind, and other energy sources. It also supplies and markets electric power at wholesale to other electric utility companies, rural electric cooperatives, municipalities, and other market participants. American Electric Power Company, Inc. was incorporated in 1906 and is headquartered in Columbus, Ohio.