American Electric Power (AEP) Receives Daily Coverage Optimism Score of 0.13

Media headlines about American Electric Power (NYSE:AEP) have trended somewhat positive on Tuesday, Accern reports. The research group identifies negative and positive media coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. American Electric Power earned a coverage optimism score of 0.13 on Accern’s scale. Accern also assigned media stories about the utilities provider an impact score of 47.5346368906876 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.

A number of research firms recently commented on AEP. Zacks Investment Research cut shares of American Electric Power from a “hold” rating to a “sell” rating in a research note on Wednesday, June 27th. ValuEngine upgraded shares of American Electric Power from a “sell” rating to a “hold” rating in a research note on Tuesday, June 26th. Scotiabank began coverage on shares of American Electric Power in a research note on Tuesday, July 24th. They issued a “hold” rating and a $72.00 target price for the company. Howard Weil began coverage on shares of American Electric Power in a research note on Tuesday, July 24th. They issued a “sector perform” rating and a $72.00 target price for the company. Finally, Mizuho reiterated a “buy” rating and issued a $74.50 target price on shares of American Electric Power in a research note on Friday, July 27th. Eight investment analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company. The company presently has an average rating of “Buy” and an average target price of $75.44.

Shares of NYSE AEP opened at $70.94 on Tuesday. The company has a quick ratio of 0.40, a current ratio of 0.50 and a debt-to-equity ratio of 1.05. American Electric Power has a 12 month low of $62.71 and a 12 month high of $78.07. The company has a market cap of $34.92 billion, a price-to-earnings ratio of 19.28, a price-to-earnings-growth ratio of 3.25 and a beta of 0.16.

American Electric Power (NYSE:AEP) last announced its quarterly earnings data on Wednesday, July 25th. The utilities provider reported $1.01 EPS for the quarter, beating the consensus estimate of $0.88 by $0.13. American Electric Power had a net margin of 12.09% and a return on equity of 10.50%. The business had revenue of $4 billion during the quarter, compared to analysts’ expectations of $3.85 billion. During the same period in the previous year, the business posted $0.75 EPS. The business’s quarterly revenue was up 11.1% compared to the same quarter last year. equities research analysts forecast that American Electric Power will post 3.89 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, September 10th. Shareholders of record on Friday, August 10th will be paid a dividend of $0.62 per share. This represents a $2.48 annualized dividend and a yield of 3.50%. The ex-dividend date of this dividend is Thursday, August 9th. American Electric Power’s payout ratio is 67.39%.

American Electric Power Company Profile

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. The company generates electricity using coal and lignite, natural gas, nuclear, hydroelectric, solar, wind, and other energy sources.

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