View ValuationAmerican Electric Power Company 향후 성장Future 기준 점검 1/6American Electric Power Company (는) 각각 연간 9.2% 및 7.1% 수익과 수익이 증가할 것으로 예상됩니다. EPS는 연간 6.6% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 10.9% 로 예상됩니다.핵심 정보9.2%이익 성장률6.57%EPS 성장률Electric Utilities 이익 성장11.2%매출 성장률7.1%향후 자기자본이익률10.88%애널리스트 커버리지Good마지막 업데이트07 May 2026최근 향후 성장 업데이트공지 • May 06American Electric Power Company, Inc. Reaffirms Earnings Guidance for the Year 2026American Electric Power Company, Inc. reaffirmed earnings guidance for the year 2026. For the year, the company expects Operating EPS Guidance of $6.15 to $6.45 per share.공지 • Feb 12American Electric Power Company, Inc. Reaffirms Earnings Guidance for the Year 2026American Electric Power Company, Inc. reaffirmed earnings guidance for the year 2026. For the year, the company expects operating earnings outlook of $6.15 to $6.45 per share and its long-term operating earnings growth rate of 7% to 9%.공지 • Oct 29American Electric Power Company, Inc. Reaffirms Earnings Guidance for the Full Year Ended December 31, 2025American Electric Power Company, Inc. reaffirmed earnings guidance for the full year ended December 31, 2025. The company confirmed its 2025 operating earnings guidance range of $5.75 to $5.95 per share, guiding to the upper half of the range. Estimated EPS on a GAAP Basis to be in the range of $6.58 to 6.78.분석 기사 • Aug 02Earnings Beat: American Electric Power Company, Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their ModelsAmerican Electric Power Company, Inc. ( NASDAQ:AEP ) investors will be delighted, with the company turning in some...공지 • Jul 30American Electric Power Company, Inc. Re-Affirms Earnings Guidance for the Year 2025American Electric Power Company, Inc. re-affirmed earnings guidance for the year 2025. For the year, the company's operating earnings guidance range of $5.75 to $5.95 per share and long-term growth rate of 6% to 8%.공지 • May 06American Electric Power Company, Inc. Reaffirms Earnings Guidance for the Year 2025American Electric Power Company, Inc. reaffirmed earnings guidance for the year 2025. For the year, the company expects 2025 operating earnings guidance range of $5.75 to $5.95 per share and long-term growth rate of 6% to 8%. Earnings per share on a GAAP basis would be $5.71 to $5.91 per share.모든 업데이트 보기Recent updates내러티브 업데이트 • May 09AEP: Data Center Backlog And Grid Investments Will Shape Future ReturnsNarrative Update Analysts have moderately lifted the implied price target for American Electric Power Company to $144.29 from $141.38, reflecting updated views on its earnings power. This change is supported by research that cites factors such as the company's 56 GW contracted load backlog, large transmission network, and potential upside in earnings and rate base.Reported Earnings • May 06First quarter 2026 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2026 results: EPS: US$1.61 (up from US$1.50 in 1Q 2025). Revenue: US$6.02b (up 10% from 1Q 2025). Net income: US$874.0m (up 9.2% from 1Q 2025). Profit margin: 14% (in line with 1Q 2025). Revenue exceeded analyst estimates by 4.4%. Earnings per share (EPS) also surpassed analyst estimates by 2.8%. Revenue is forecast to grow 7.1% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the Electric Utilities industry in the US. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.공지 • May 06American Electric Power Company, Inc. Reaffirms Earnings Guidance for the Year 2026American Electric Power Company, Inc. reaffirmed earnings guidance for the year 2026. For the year, the company expects Operating EPS Guidance of $6.15 to $6.45 per share.Declared Dividend • May 01Fourth quarter dividend of US$0.95 announcedShareholders will receive a dividend of US$0.95. Ex-date: 8th May 2026 Payment date: 10th June 2026 Dividend yield will be 2.8%, which is lower than the industry average of 3.6%. Sustainability & Growth Dividend is covered by earnings (56% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 6.0% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 19% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Seeking Alpha • Apr 30American Electric Power: Attractive Transmission Exposure But Elevated ValuationsSummary American Electric Power is attractively positioned to secular growth drivers due to its geography and its transmission-heavy exposure. Investments in transmission are picking up pace following historical underinvestment and constraints to electrification trends. Analysts expect AEP to deliver full-year adjusted EPS of $6.36 in 2026. Valuation multiples are near the upper end of both historical ranges and peer comparisons. Read the full article on Seeking Alpha공지 • Apr 29American Electric Power Company, Inc. Declares Regular Quarterly Dividend Payable June 10, 2026American Electric Power Company, Inc. has declared a regular quarterly cash dividend of 95 cents per share on the company's common stock. The dividend is payable June 10, 2026, to shareholders of record as of May 8, 2026, and is the company's 464th consecutive quarterly common stock cash dividend. AEP has paid a cash dividend on its common stock every quarter since July 1910.내러티브 업데이트 • Apr 25AEP: Data Center Backlog And Grid Spend Will Guide Balanced OutlookAnalysts have nudged their blended price target for American Electric Power higher to reflect modestly adjusted fair value and revenue growth assumptions, supported by a series of recent target increases across the Street despite one small reduction. Analyst Commentary Recent research on American Electric Power Company reflects an overall constructive tone, with multiple firms adjusting price targets and ratings as they refresh models after the latest earnings season and sector reviews.새 내러티브 • Apr 24AEP: Capturing the Scarcity Value of the American Power GridAs of April 2026, American Electric Power (AEP) has transitioned from a traditional income stock to a structural growth play. While its current price of $134 (20.3x Fwd P/E) sits above historical norms, this premium is fundamentally supported by a tectonic shift in grid demand.내러티브 업데이트 • Apr 09AEP: Data Center Load Backlog And Grid Investments Will Shape OutlookAnalysts have raised their average price target for American Electric Power Company by roughly $4 to about $137. They attribute this change to updated models that factor in higher contracted load, a larger capital program in transmission and supply, and refined earnings assumptions following recent Q4 results.Buy Or Sell Opportunity • Apr 01Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 14% to US$132. The fair value is estimated to be US$109, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.3% over the last 3 years. Earnings per share has grown by 19%. For the next 3 years, revenue is forecast to grow by 7.6% per annum. Earnings are also forecast to grow by 8.4% per annum over the same time period.내러티브 업데이트 • Mar 26AEP: Data Center Load And Transmission Build Plan Will Shape OutlookAnalyst price targets for American Electric Power Company have been revised modestly higher to reflect updated earnings models, a slightly higher fair value estimate of about $137.47, and continued emphasis on the company's large contracted load backlog and transmission-focused investment plans. Analyst Commentary Recent Street research on American Electric Power Company reflects a generally constructive tone, with several firms adjusting price targets higher and a mix of rating upgrades and one downgrade tied mainly to valuation.공지 • Mar 20American Electric Power Co Inc Receives Regulatory Acceptance for Dam Safety Incident Report At Claytor ProjectAmerican Electric Power Company, Inc. had September 12, 2025, letter provided a revised plan and schedule addressing comments from its August 8, 2025, letter regarding the site-specific Probable Maximum Precipitation (SSPMP) and Probable Maximum Flood (PMF) studies for the above referenced projects. A discussion on the revised plan and schedule for the SSPMP-PMF studies during the October 2, 2025, meeting was documented in its letter dated October 24, 2025. Federal Energy Regulatory Commission has reviewed its submittals and find them acceptable. The next major milestone for the ongoing SSPMP and PMF studies is developing the Probable Maximum Precipitations (PMPs) for projects covered under the Roanoke River Basin and a review of PMPs by the Independent Meteorologist. As a reminder, submit a copy of its design package for a concurrent review by its office and the Independent Meteorologist. The due date to submit the design report is April 1, 2026.Buy Or Sell Opportunity • Mar 12Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 16% to US$132. The fair value is estimated to be US$109, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.3% over the last 3 years. Earnings per share has grown by 19%. For the next 3 years, revenue is forecast to grow by 7.6% per annum. Earnings are also forecast to grow by 8.4% per annum over the same time period.내러티브 업데이트 • Mar 11AEP: Data Center Load Backlog And Fuel Project Will Shape OutlookThe analyst price target for American Electric Power Company has been raised by about $3.50 to $136.53, as analysts point to updated earnings expectations, a large contracted load backlog, and an extensive capital and transmission investment program as key supports for their revised outlook. Analyst Commentary Recent research updates on American Electric Power Company show an active debate around how to value the company’s growth plans, capital spending, and contract backlog.공지 • Mar 07American Electric Power Texas Announces Executive ChangesAmerican Electric Power has named Adrian Rodriguez as president and chief operating officer of AEP Texas to align with the company's strategy to capitalize on long-term priorities, further strengthen operational performance and enhance relationships with key stakeholders in the state. Rodriguez will join the company March 30, 2026 and will report to Bill Fehrman, AEP chairman, president and chief executive officer. Rodriguez will succeed Judith Talavera, who has left the organization. Alex Ramirez, vice president, Distribution Operations, AEP Texas, will serve as interim president and chief operating officer until Rodriguez joins the company to ensure a smooth transition. Rodriguez currently serves as president of Southwestern Public Service Company, a subsidiary of Xcel Energy serving customers in New Mexico and Texas, where he directed significant regulatory initiatives, secured the largest capital project in the company's history and led the company through wildfire recovery efforts. Prior to joining Southwestern Public Service Company in 2022, Rodriguez served as senior vice president, Regulatory & Strategy, for Puget Sound Energy. Prior to Puget Sound, he held roles of increasing responsibility with El Paso Electric Company, including senior vice president, General Counsel, and interim chief executive officer and board director. Rodriguez has held various roles in private law practice, the federal court system, public policy and in the Texas legislature. Rodriguez received a bachelor's degree in economics and government from the University of Texas, a master's degree in public policy from Harvard University's Kennedy School of Government and a Juris Doctor from Columbia University.공지 • Mar 05American Electric Power Company, Inc., Annual General Meeting, Apr 28, 2026American Electric Power Company, Inc., Annual General Meeting, Apr 28, 2026. Location: meetnow.global/aep2026., United States내러티브 업데이트 • Feb 24AEP: Data Center Load And Fuel Project Will Shape Premium Valuation PotentialAnalysts have lifted their price expectations for American Electric Power, with the updated fair value estimate moving from $128.75 to $133.03. They cite a larger contracted load pipeline, ongoing capital investment plans in supply and transmission, and continued execution that supports premium P/E assumptions, despite slightly lower revenue growth and profit margin inputs in recent models.Buy Or Sell Opportunity • Feb 23Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 8.6% to US$132. The fair value is estimated to be US$109, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.3% over the last 3 years. Earnings per share has grown by 19%. For the next 3 years, revenue is forecast to grow by 7.6% per annum. Earnings are also forecast to grow by 8.5% per annum over the same time period.공지 • Feb 18American Electric Power Company, Inc. Announces Non-Standing for Re-election of Henry P. Linginfelter as Member of the Board of DirectorsOn February 13, 2026, American Electric Power Company, Inc. announced that Henry P. Linginfelter, a member of the Board of Directors of the company notified the Board that he would not stand for re-election to the Board at the Company's 2026 Annual Meeting of Shareholders. Mr. Linginfelter stated that his decision is not due to any disagreement with the Company on any matter relating to the Company’s operations, policies, or practices.Reported Earnings • Feb 13Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: EPS: US$6.70 (up from US$5.60 in FY 2024). Revenue: US$21.9b (up 11% from FY 2024). Net income: US$3.58b (up 21% from FY 2024). Profit margin: 16% (up from 15% in FY 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 8.6%. Revenue is forecast to grow 7.3% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the Electric Utilities industry in the US. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.공지 • Feb 12American Electric Power Company, Inc. Reaffirms Earnings Guidance for the Year 2026American Electric Power Company, Inc. reaffirmed earnings guidance for the year 2026. For the year, the company expects operating earnings outlook of $6.15 to $6.45 per share and its long-term operating earnings growth rate of 7% to 9%.내러티브 업데이트 • Feb 10AEP: Data Center Load And Fuel Project Will Test Premium StandingAnalysts have nudged their price targets on American Electric Power higher by a few dollars, reflecting updated views that incorporate a slightly higher fair value estimate of about $128.75, modest adjustments to growth and discount rate assumptions, and recent mixed research that includes several target increases alongside one valuation driven downgrade. Analyst Commentary Recent research on American Electric Power Company reflects a mix of optimism around growth projects and valuation discipline as the share price moves relative to peers.Upcoming Dividend • Feb 06Upcoming dividend of US$0.95 per shareEligible shareholders must have bought the stock before 10 February 2026. Payment date: 10 March 2026. Payout ratio is a comfortable 54% but the company is not cash flow positive. Trailing yield: 3.1%. Lower than top quartile of American dividend payers (4.2%). Higher than average of industry peers (2.8%).내러티브 업데이트 • Jan 26AEP: Data Center Demand And Grid Plan Will Test Premium ValuationAnalysts have slightly raised their price targets on American Electric Power Company by a few dollars, citing updated assumptions around revenue growth, profit margins, and future P/E multiples. They generally view the shares as fairly valued, with execution and regulatory progress identified as key drivers.Declared Dividend • Jan 23Third quarter dividend of US$0.95 announcedShareholders will receive a dividend of US$0.95. Ex-date: 10th February 2026 Payment date: 10th March 2026 Dividend yield will be 3.2%, which is lower than the industry average of 3.6%. Sustainability & Growth Dividend is covered by earnings (54% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 6.0% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 18% over the next 3 years, which should provide support to the dividend and adequate earnings cover.공지 • Jan 21American Electric Power Declares Quarterly Dividend on Common Stock, Payable on March 10, 2026The Board of Directors of American Electric Power has declared a regular quarterly cash dividend of 95 cents per share on the company's common stock. The dividend is payable March 10, 2026, to shareholders of record as of February 10, 2026.내러티브 업데이트 • Jan 12AEP: Data Center Demand And Grid Investments Will Shape Balanced OutlookAnalysts have nudged their price targets on American Electric Power higher into a roughly $117 to $133 range, pointing to a solid balance sheet, a large planned capital program, exposure to rising power demand including data centers, and constructive regulatory support as key reasons for the updated valuations. Analyst Commentary Recent research on American Electric Power Company shows a mix of optimism around growth opportunities and prudence around valuation and execution risk.내러티브 업데이트 • Dec 21AEP: Data Center Load And Massive Capex Plan Will Drive Future UpsideAnalysts have nudged their price target on American Electric Power Company modestly higher, citing a series of recent target increases across the Street. These moves reflect expectations for stronger rate base and earnings growth supported by robust data center driven demand and a sizable, multi year capital plan.내러티브 업데이트 • Dec 07AEP: Data Center Demand And Execution On Massive Grid Buildout Will Drive OutcomesThe analyst price target for American Electric Power Company has risen by approximately $4 to the low $120s range, as analysts highlight the company's solid balance sheet, sizable $70B-plus capital plan, and growing exposure to data center driven demand, even as they flag valuation and regulatory execution as key swing factors. Analyst Commentary Recent Street research reflects a constructive but selective stance on American Electric Power, with many bullish analysts raising price targets into the low to mid $120s and a few more cautious voices emphasizing execution and valuation risk.공지 • Nov 26American Electric Power Company, Inc. has filed a Follow-on Equity Offering in the amount of $3.5 billion.American Electric Power Company, Inc. has filed a Follow-on Equity Offering in the amount of $3.5 billion. Security Name: Common Stock Security Type: Common Stock Transaction Features: At the Market Offering내러티브 업데이트 • Nov 23AEP: Data Center Demand And Execution On $70 Billion Plan Will Drive ResultsThe analyst price target for American Electric Power Company has increased by $1.35 to $128.68. Analysts point to ongoing improvements in the company’s financial outlook and stronger confidence in future earnings growth, supported by regulatory and strategic updates.내러티브 업데이트 • Nov 05AEP: Data Center Demand And Regulatory Outcomes Will Shape Earnings Path ForwardAmerican Electric Power Company's analyst price target has increased from $120.41 to $127.32. Analysts cite stronger projected revenue growth and robust demand fundamentals to support the upward revision.Reported Earnings • Oct 30Third quarter 2025 earnings: EPS in line with analyst expectations despite revenue beatThird quarter 2025 results: EPS: US$1.82 (up from US$1.80 in 3Q 2024). Revenue: US$6.01b (up 11% from 3Q 2024). Net income: US$972.0m (up 1.3% from 3Q 2024). Profit margin: 16% (down from 18% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 7.9%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 6.8% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the Electric Utilities industry in the US. Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 11% per year.분석 기사 • Oct 29American Electric Power Company (NASDAQ:AEP) Is Increasing Its Dividend To $0.95The board of American Electric Power Company, Inc. ( NASDAQ:AEP ) has announced that it will be increasing its dividend...공지 • Oct 29American Electric Power Company, Inc. Reaffirms Earnings Guidance for the Full Year Ended December 31, 2025American Electric Power Company, Inc. reaffirmed earnings guidance for the full year ended December 31, 2025. The company confirmed its 2025 operating earnings guidance range of $5.75 to $5.95 per share, guiding to the upper half of the range. Estimated EPS on a GAAP Basis to be in the range of $6.58 to 6.78.Declared Dividend • Oct 25Second quarter dividend increased to US$0.95Dividend of US$0.95 is 2.2% higher than last year. Ex-date: 10th November 2025 Payment date: 10th December 2025 Dividend yield will be 3.2%, which is lower than the industry average of 3.6%. Sustainability & Growth Dividend is covered by earnings (54% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 5.8% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 12% over the next 3 years, which should provide support to the dividend and adequate earnings cover.공지 • Oct 23American Electric Power Declares Regular Quarterly Cash Dividend, Payable on December 10, 2025The Board of Directors of American Electric Power has declared a regular quarterly cash dividend of 95 cents per share on the company's common stock, an increase of 2 cents per share. The dividend is payable December 10, 2025, to shareholders of record as of November 10, 2025, and is the company's 462 consecutive quarterly common stock cash dividend. AEP has paid a cash dividend on its common stock every quarter since July 1910.내러티브 업데이트 • Oct 22Analysts Highlight Growth Prospects and Risks as American Electric Power Targets Higher ValuationAmerican Electric Power Company's analyst price target has increased by approximately $4.57. Analysts cite the company's substantial multi-year capital plan, accelerating demand for electricity, and improving regulatory momentum as drivers of a stronger outlook.내러티브 업데이트 • Oct 08Capital Investments And Regulatory Moves Will Secure Future GridAmerican Electric Power Company's analyst price target has been modestly increased to $115.83 from $115. Analysts cite ongoing execution, robust demand trends, and the company's strategic positioning in large load development as key supporting factors.분석 기사 • Sep 03Here's Why American Electric Power Company (NASDAQ:AEP) Has A Meaningful Debt BurdenHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...분석 기사 • Aug 02Earnings Beat: American Electric Power Company, Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their ModelsAmerican Electric Power Company, Inc. ( NASDAQ:AEP ) investors will be delighted, with the company turning in some...Reported Earnings • Jul 31Second quarter 2025 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2025 results: EPS: US$2.29 (up from US$0.64 in 2Q 2024). Revenue: US$5.09b (up 11% from 2Q 2024). Net income: US$1.23b (up 260% from 2Q 2024). Profit margin: 24% (up from 7.4% in 2Q 2024). The increase in margin was primarily driven by higher revenue. Revenue exceeded analyst estimates by 2.4%. Earnings per share (EPS) also surpassed analyst estimates by 84%. Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Electric Utilities industry in the US. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.공지 • Jul 30American Electric Power Company, Inc. Re-Affirms Earnings Guidance for the Year 2025American Electric Power Company, Inc. re-affirmed earnings guidance for the year 2025. For the year, the company's operating earnings guidance range of $5.75 to $5.95 per share and long-term growth rate of 6% to 8%.Declared Dividend • Jul 25First quarter dividend of US$0.93 announcedShareholders will receive a dividend of US$0.93. Ex-date: 8th August 2025 Payment date: 10th September 2025 Dividend yield will be 3.4%, which is lower than the industry average of 3.6%. Sustainability & Growth Dividend is covered by earnings (70% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 5.8% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 27% over the next 3 years, which should provide support to the dividend and adequate earnings cover.공지 • Jul 22American Electric Power Declares Regular Quarterly Cash Dividend, Payable on September 10, 2025The Board of Directors of American Electric Power has declared a regular quarterly cash dividend of 93 cents per share on the company's common stock. The dividend is payable September 10, 2025, to shareholders of record as of August 8, 2025.분석 기사 • Jul 03The Return Trends At American Electric Power Company (NASDAQ:AEP) Look PromisingIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Ideally, a...공지 • Jun 30American Electric Power Company, Inc.(NasdaqGS:AEP) dropped from Russell 1000 Dynamic IndexAmerican Electric Power Company, Inc.(NasdaqGS:AEP) dropped from Russell 1000 Dynamic Index공지 • Jun 17American Electric Power Announces Management ChangesAmerican Electric Power announced leadership changes to support its long-term strategy. The company has named Rob Berntsen executive vice president and general counsel, effective July 14, 2025 He will succeed David Feinberg, who will serve as senior advisor to the chief executive officer until departing the company August 15, 2025. Additionally, AEP has named Johannes Eckert executive vice president and chief information and technology officer, effective July 21, 2025. Both Berntsen and Eckert will report to Bill Fehrman, AEP president, chief executive officer and director. Berntsen joins AEP from Xcel Energy, where he was executive vice president and chief legal and compliance officer. Prior to joining Xcel, he was senior vice president, chief of staff and general counsel at BHE Renewables, a subsidiary of Berkshire Hathaway Energy (BHE). Prior to BHE Renewables, Berntsen served as senior vice president and general counsel for BHE subsidiary MidAmerican Energy Company and led the utility's legal, regulatory, government affairs, compliance and energy efficiency groups. Prior to joining MidAmerican, he served as vice president of policy, government and regulatory affairs for the Midcontinent Independent System Operator Inc. (MISO), chair and member of the Iowa Utilities Commission, and corporate counsel for energy holding company Vectren Corp. (now part of CenterPoint Energy). Berntsen was a captain in the Judge Advocate General (JAG) Corps, the legal arm of the U.S. Army, and deployed to Iraq in 2005 in support of Operation Iraqi Freedom. He received his bachelor's degree from Georgetown University and his juris doctorate from the University of Iowa. Eckert most recently served as senior vice president and chief information officer of Cox Communications. During his 16 years with Cox Communications, he held roles of increasing responsibility, including various leadership roles in wireless technology, application development and network operations. Prior to joining Cox Communications, he was partner and head of wireless for Acta Wireless. His extensive experience also spans leadership and consulting roles across the U.S., Germany and South America including tenures at Kearney, AT&T, Telefónica Germany and Accenture. Eckert received his bachelor's degree in computer science from the Berlin University of Applied Sciences and his master's degree in international marketing and finance from Kennesaw State University.공지 • Jun 06KKR & Co. Inc. (NYSE:KKR) and Public Sector Pension Investment Board completed the acquisition of 19.9% stake in AEP Ohio Transmission Company, Inc and AEP Indiana Michigan Transmission Company, Inc. from American Electric Power Company, Inc. (NasdaqGS:AEP).KKR & Co. Inc. (NYSE:KKR) and Public Sector Pension Investment Board agreed to acquire 19.9% stake in AEP Ohio Transmission Company, Inc and AEP Indiana Michigan Transmission Company, Inc. from American Electric Power Company, Inc. (NasdaqGS:AEP) for $2.8 billion on January 9, 2025. Upon closing, 2025-2029 average earnings accretion is expected to be 1.7%. The transaction requires approval from FERC and clearance from the Committee on Foreign Investment in the United States. The transaction is expected to close in the second half of 2025. Moelis & Company acted as financial advisor for KKR & Co. Inc. and Public Sector Pension Investment Board. Morgan Stanley & Co. LLC acted as financial advisor for KKR & Co. Inc. and Public Sector Pension Investment Board. Simpson Thacher & Bartlett LLP acted as legal advisor for KKR & Co. Inc. and Public Sector Pension Investment Board. J.P. Morgan Securities LLC acted as financial advisor for American Electric Power Company, Inc. Morgan, Lewis & Bockius LLP acted as legal advisor for American Electric Power Company, Inc. KKR & Co. Inc. (NYSE:KKR) and Public Sector Pension Investment Board completed the acquisition of 19.9% stake in AEP Ohio Transmission Company, Inc and AEP Indiana Michigan Transmission Company, Inc. from American Electric Power Company, Inc. (NasdaqGS:AEP) on June 5, 2025. AEP will continue to operate and maintain these transmission facilities. American Electric Power Company will use the transaction proceeds to support AEP's five-year, $54 billion capital plan.분석 기사 • May 24American Electric Power Company (NASDAQ:AEP) Seems To Be Using A Lot Of DebtThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Recent Insider Transactions Derivative • May 20Insider notifies of intention to sell stockQuinton Lies intends to sell 10k shares in the next 90 days after lodging an Intent To Sell Form on the 19th of May. If the sale is conducted around the recent share price of US$103, it would amount to US$1.0m. Since September 2024, Quinton's direct individual holding has increased from 934.00 shares to 10.31k. There have been no trades via on-market transactions or options from company insiders in the last 12 months.Reported Earnings • May 07First quarter 2025 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2025 results: EPS: US$1.50 (down from US$1.91 in 1Q 2024). Revenue: US$5.46b (up 8.7% from 1Q 2024). Net income: US$800.2m (down 20% from 1Q 2024). Profit margin: 15% (down from 20% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 5.4%. Earnings per share (EPS) also surpassed analyst estimates by 8.1%. Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Electric Utilities industry in the US. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 3% per year.공지 • May 06American Electric Power Company, Inc. Reaffirms Earnings Guidance for the Year 2025American Electric Power Company, Inc. reaffirmed earnings guidance for the year 2025. For the year, the company expects 2025 operating earnings guidance range of $5.75 to $5.95 per share and long-term growth rate of 6% to 8%. Earnings per share on a GAAP basis would be $5.71 to $5.91 per share.Declared Dividend • May 02Fourth quarter dividend of US$0.93 announcedShareholders will receive a dividend of US$0.93. Ex-date: 9th May 2025 Payment date: 10th June 2025 Dividend yield will be 3.4%, which is lower than the industry average of 3.6%. Sustainability & Growth Dividend is covered by earnings (64% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 6.4% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 21% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Board Change • May 01High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Joe Sauvage was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.공지 • Apr 30American Electric Power Declares Quarterly Dividend on Common Stock, Payable on June 10, 2025The Board of Directors of American Electric Power has declared a regular quarterly cash dividend of 93 cents per share on the company's common stock. The dividend is payable June 10, 2025, to shareholders of record as of May 9, 2025, and is the company's 460th consecutive quarterly common stock cash dividend.공지 • Apr 29American Electric Power Company, Inc. Announces Board ChangesJoseph G. Sauvage, retired vice chairman and chairman of Global Power, Utilities and Renewables of Citigroup, elected to the American Electric Power Board of Directors. Sauvage led Citigroup's Global Power, Utilities and Renewables practice for more than 16 years. Prior to joining Citigroup, he held various investment banking roles at Lehman Brothers, including vice chairman and global head of Power, Utilities and Renewables. Sauvage served as a vice chairman of the Wall Street Advisory Group and was a member of the executive committee for the Electric Power Research Institute Advisory Council. Donna James did not stand for re-election to the Board of Directors for personal reasons.Seeking Alpha • Apr 07American Electric Power: EPS Up 31% In 2024 EarningsSummary American Electric Power has shown consistent financial growth, with revenue rising from $14.9 billion in 2020 to $19.7 billion in 2024, and net profit increasing from $2.2 billion to $3.0 billion. AEP's business model focuses on regulated infrastructure, ensuring stable profitability and predictable cash flow, supported by a vertically integrated structure and centralized management. The company plans a $54 billion investment over five years to modernize infrastructure and expand generation, aiming for 6-8% annual EPS growth and a 4% dividend yield. Despite regulatory risks and market challenges, AEP's strategic focus on electrification and data center growth positions it for long-term success, with a fair valuation of $109.13 per share and a "Buy" rating. Read the full article on Seeking Alpha공지 • Mar 26American Electric Power Company, Inc. has completed a Follow-on Equity Offering in the amount of $2 billion.American Electric Power Company, Inc. has completed a Follow-on Equity Offering in the amount of $2 billion. Security Name: Common Stock Security Type: Common Stock Securities Offered: 19,607,844 Price\Range: $102 Discount Per Security: $2.244공지 • Mar 25+ 1 more updateAmerican Electric Power Company, Inc. has filed a Follow-on Equity Offering in the amount of $2 billion.American Electric Power Company, Inc. has filed a Follow-on Equity Offering in the amount of $2 billion. Security Name: Common Stock Security Type: Common Stock공지 • Mar 14American Electric Power Company, Inc., Annual General Meeting, Apr 29, 2025American Electric Power Company, Inc., Annual General Meeting, Apr 29, 2025. Location: meetnow.global/aep2025, United States공지 • Feb 22American Electric Power Company, Inc. Announces Donna A. James, Not Stand for Re-Election to the BoardOn February 18, 2025, Donna A. James, a member of the Board of Directors ("Board") of American Electric Power Company, Inc. ("Company"), notified the Board that she would not stand for re-election to the Board at the Company's 2025 Annual Meeting of Shareholders. Ms. James stated that she is not standing for re-election to the Board for personal reasons and not due to any disagreement with the Company on any matter relating to the Company’s operations, policies, or practices.Reported Earnings • Feb 13Full year 2024 earnings: EPS in line with expectations, revenues disappointFull year 2024 results: EPS: US$5.60 (up from US$4.26 in FY 2023). Revenue: US$19.7b (up 3.9% from FY 2023). Net income: US$2.97b (up 34% from FY 2023). Profit margin: 15% (up from 12% in FY 2023). Revenue missed analyst estimates by 2.8%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Electric Utilities industry in the US. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has increased by 6% per year.Seeking Alpha • Jan 26American Electric Power: Charge Up Your Portfolio With Durable AssetsSummary American Electric Power offers a solid investment with a 3.8% dividend yield and a strong track record of shareholder returns and financial management. Management targets 6-8% annual EPS growth starting in 2026, driven by a $54 billion capital investment plan and operational efficiencies. AEP's new CEO is committed to optimizing the company structure, aiming for improved performance and strategic growth in regulated utilities and renewable energy. AEP's attractive valuation and potential 10-12% total returns make it a compelling choice for long-term investors. Read the full article on Seeking AlphaDeclared Dividend • Jan 24Third quarter dividend of US$0.93 announcedShareholders will receive a dividend of US$0.93. Ex-date: 10th February 2025 Payment date: 10th March 2025 Dividend yield will be 3.7%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by earnings (70% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 6.4% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 23% over the next 3 years, which should provide support to the dividend and adequate earnings cover.공지 • Jan 22American Electric Power Declares Quarterly Dividend on Common Stock, Payable on March 10, 2025The Board of Directors of American Electric Power has declared a regular quarterly cash dividend of 93 cents per share on the company's common stock. The dividend is payable March 10, 2025, to shareholders of record as of February 10, 2025.공지 • Jan 17American Electric Power Seeking Grants to Assist with Advanced Nuclear Site Exploration in Indiana and VirginiaAmerican Electric Power is seeking grants from the U.S. Department of Energy to support the Early Site Permit process for two potential Small Modular Reactor (SMR) sites. Through its Indiana Michigan Power (I&M) operating company, AEP is announcing that property at the Rockport Plant in Spencer County, Indiana, has been identified as a potential SMR site. Previously AEP, through its Appalachian Power operating company, had announced it was beginning the ESP process for company-owned Joshua Falls property in Campbell County, Virginia. Through a grant funding partnership with the Tennessee Valley Authority and GE Hitachi Nuclear Energy (GEH), I&M is seeking $50 million to begin the early stages of SMR development at the Rockport Plant site. If awarded funds, I&M will conduct ESP activities, as well as a Preliminary Safety Analysis Report, which is required for a potential future Construction Permit, at the site utilizing the GEH BWRX-300 technology. This includes gathering public input from community members, collecting detailed site information, and deployment planning for the use of a GEH BWRX-300 at the site. This SMR unit is capable of generating 300 megawatts (MW) of electricity. SMRs offer tremendous potential to provide safe, reliable and clean energy 24 hours a day, 365 days a year. The relatively small footprint allows SMRs to be constructed in areas that were not previously feasible for nuclear energy generation. SMR sites can also be scaled to match the energy needs of the state. A single SMR unit can generate up to 500 MW of clean energy, depending on the design of the unit. Both grant applications were submitted under the USDOE's Generation III+ Small Modular Reactor Program. The program is offering up to $900 million in grants. I&M has applied as a subrecipient under TVA's application, with GEH as the reactor technology provider. I&M will host a public open house mid-year. Local and state officials have expressed their support for the project. Last year, Spencer County officials approved an ordinance supporting new generation at the Rockport Plant site, including the use of SMRs. Additionally, in November 2024, the Indiana Office of Energy Development issued a siting report performed by Purdue University which identifies Rockport as a suitable site.공지 • Jan 08American Electric Power Company, Inc. Announces Executive ChangesAmerican Electric Power named Trevor I. Mihalik executive vice president and chief financial officer effective January 20. He will succeed Chuck Zebula, who will serve as senior advisor to the chief executive officer before retiring in March. Mihalik's previous experience includes roles as group president, CFO, controller and chief accounting officer at Sempra. He will report to Bill Fehrman, AEP president and chief executive officer. Mihalik will be responsible for AEP's accounting and tax, treasury and risk, corporate planning and budgeting, investor relations, procurement, supply chain, strategy, and corporate regulatory functions. Mihalik has worked in the energy industry for more than 34 years and has extensive experience in finance, enterprise risk and business operations. He most recently served as the group president of Sempra, where he was responsible for all aspects of the company's San Diego Gas and Electric and Southern California Gas Company subsidiaries. He held several leadership roles in Sempra's finance organization during his more than 12 years with the company, including executive vice president and chief financial officer and senior vice president, controller and chief accounting officer. Prior to joining Sempra, Mihalik led the finance teams of Iberdrola Renewables Holdings, Inc., Chevron Natural Gas and Bridgeline Holdings, L.P., a joint venture owned by Chevron and Targa Resources. He began his career with PricewaterhouseCoopers in their assurance business. He chairs the finance committee for the board of directors of the WD-40 Company. Mihalik received his bachelor's degree in accounting from Creighton University and his master's degree in business administration from Rice University. He is a certified public accountant in the state of Texas. Also, on January 7, 2025, the Company announced that on January 2, 2025, Charles E. Zebula notified the Company that he will resign as Executive Vice President and Chief Financial Officer effective January 19, 2025 and (ii) the transition of Charles E. Zebula to the role of Senior Advisor to the Chief Executive Officer effective as of January 20, 2025 until his expected retirement from the Company in March 2025.공지 • Jan 07American Electric Power Company, Inc. Announces Chief Financial Officer ChangesAmerican Electric Power named Trevor I. Mihalik as chief financial officer effective January 20. He will succeed Chuck Zebula, who will serve as senior advisor to the chief executive officer before retiring in March. Mihalik's previous experience includes roles as group president, CFO, controller and chief accounting officer at Sempra. He will report to Bill Fehrman, AEP president and chief executive officer. Mihalik will be responsible for AEP's accounting and tax, treasury and risk, corporate planning and budgeting, investor relations, procurement, supply chain, strategy, and corporate regulatory functions. Mihalik has worked in the energy industry for more than 34 years and has extensive experience in finance, enterprise risk and business operations. He most recently served as the group president of Sempra, where he was responsible for all aspects of the company's San Diego Gas and Electric and Southern California Gas Company subsidiaries. He held several leadership roles in Sempra's finance organization during his more than 12 years with the company, including executive vice president and chief financial officer and senior vice president, controller and chief accounting officer. Prior to joining Sempra, Mihalik led the finance teams of Iberdrola Renewables Holdings, Inc., Chevron Natural Gas and Bridgeline Holdings, L.P., a joint venture owned by Chevron and Targa Resources. He began his career with PricewaterhouseCoopers in their assurance business. He chairs the finance committee for the board of directors of the WD-40 Company. Mihalik received his bachelor's degree in accounting from Creighton University and his master's degree in business administration from Rice University. He is a certified public accountant in the state of Texas.Seeking Alpha • Dec 22American Electric Power: Light Up Your Income Portfolio With This Mission Critical UtilitySummary Market volatility can offer buying opportunities, but emotional reactions can lead to costly mistakes; focus on fundamentals to maintain perspective. AEP's five-year capital spending plan and robust growth outlook, driven by data centers, make it a compelling investment. AEP's financial health, undervaluation, and strong dividend growth potential justify a buy rating, with expected 30% cumulative returns through 2026. Risks include cyber breaches, geographic concentration, and natural disasters, but AEP's strategic investments in infrastructure support long-term growth. Read the full article on Seeking AlphaReported Earnings • Nov 07Third quarter 2024 earnings: EPS misses analyst expectationsThird quarter 2024 results: EPS: US$1.80. Revenue: US$5.42b (up 1.5% from 3Q 2023). Net income: US$959.6m (flat on 3Q 2023). Profit margin: 18% (in line with 3Q 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 1.9%. Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Electric Utilities industry in the US.공지 • Nov 06American Electric Power Company, Inc. Provides Earnings Guidance for the Year 2024American Electric Power Company, Inc. provided earnings guidance for the year 2024 . For the year, company Estimated EPS on a GAAP basis in range of $5.55 to $5.65.공지 • Oct 31American Electric Power Company, Inc. Announces Management ChangesAmerican Electric Power Company, Inc. announced leadership and organizational changes that will empower local operations, drive growth and create value for customers and stakeholders. The changes are effective October 31, 2024. As part of these leadership and organizational changes, AEP announced: The company is launching a search for a president to lead the AEP Transmission business, which is a source of growth as AEP makes necessary investments to enhance reliability and meet customers' needs. The search will consider both internal and external candidates. It is eliminating the executive vice president of Regulatory and chief administrative officer role. As a result, Peggy Simmons is leaving the company. Chris Beam, executive vice president of Energy Services, plans to retire in February 2025 and will serve as executive vice president and senior advisor until that time. Shane Lies, executive vice president and chief nuclear officer, will move to a new role as executive vice president of Projects and Services. He will oversee generation shared services, environmental services, project solutions, distribution planning and performance, and strategic supplier management. Kelly Ferneau, site vice president at AEP's Donald C. Cook Nuclear Plant, succeeds Lies and has been promoted to executive vice president and chief nuclear officer, reporting to Fehrman. Scott Dailey, AEP's managing director of renewable generation and former plant manager at Cook Nuclear Plant, will succeed Ferneau as site vice president. AEP's other power plant managers will now report to the operating company presidents. In addition, the economic development function will be transitioning to the operating companies. Corporate regulatory services and procurement will be aligned under the chief financial officer.Declared Dividend • Oct 25Second quarter dividend of US$0.93 announcedShareholders will receive a dividend of US$0.93. Ex-date: 8th November 2024 Payment date: 10th December 2024 Dividend yield will be 3.6%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by earnings (69% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 5.8% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 24% over the next 3 years, which should provide support to the dividend and adequate earnings cover.공지 • Oct 25+ 1 more updateAmerican Electric Power Company, Inc. Appoints Matthew Fransen as Senior Vice President, Effective December 1, 2024American Electric Power appointed Matthew Fransen as its new senior vice president, finance and treasurer, effective December 1. Fransen is to succeed Julie Sherwood, who is retiring after 20 years with the company. He will report to Chuck Zebula, executive vice president and chief financial officer. In the new role, Fransen will be responsible for all elements of the finance and treasury function, which includes working with banking institutions, investors and rating agencies to support the company's capital market requirements; cash flow management and forecasting; development of capitalisation strategy and monitoring of key credit metrics; and management of AEP's trusts and investments. He will also head management of various corporate risks, which include markets, credit and insurance. Presently, Fransen is vice president, New Generation Resource Development. He has served in various roles in renewable energy development, including vice president, Renewable Development and Investment of AEP Renewables. He has also worked as a managing director in AEP's strategic initiatives group and as a manager in the company's treasury organisation. He has served in various roles with Bank One Corporation.Seeking Alpha • Oct 14American Electric Power: Efficiency Gains To Boost Earnings Growth (Buy)Summary American Electric Power is poised to grow earnings and dividends by 50% over the next five years, driven by surging data centre demand and efficiency gains. AEP is currently under-earning on regulated assets but is expected to regain efficiency as power sales volumes surge. The company’s regulated nature ensures stable, predictable profits, while efficiency improvements and asset value gains could lead to significant share price appreciation. AEP's diversified operations mitigate regulatory risks, making it a low-risk, high-reward investment likely to outperform other regulated utility peers. Read the full article on Seeking Alpha공지 • Oct 08American Electric Power Names Joseph F. Moore IV as Senior Vice President of Business Transformation to Drive Performance and EfficiencyAmerican Electric Power has named utility industry veteran Joseph F. Moore IV senior vice president, Business Transformation, effective October 8, 2024. Moore will report to AEP President and Chief Executive Officer Bill Fehrman. Moore will lead process improvements across AEP's key business units and seven operating companies. Moore has more than 33 years of experience in the energy industry. He brings deep industry knowledge in customer service, electric and gas delivery, electric generation, project management, enterprise risk, supply chain, information technology and business analytics. Most recently, he was senior vice president, Business Transformation, across Berkshire Hathaway Energy. Prior to that, he held several leadership roles at MidAmerican Energy Company including senior vice president, Strategic Repositioning, vice president, Electric Delivery, and general manager, West Electric and Gas Operations. Moore also served in operational executive roles with both PacifiCorp and Nebraska Public Power District. Moore received his bachelor's degree in electrical and electronic engineering from North Dakota State University and his master's degree in business administration from Regis University.Seeking Alpha • Oct 07Load Growth To Drive Earnings At American Electric PowerSummary AEP is poised to outperform the S&P with a 6%-7% annual earnings CAGR, driven by high load growth and strong ROEs, especially in Texas. AEP's substantial $43B capex by 2028 and customer commitments for 15GW of incremental load ensure visibility into long-term earnings growth. AEP offers a 3.5% dividend yield, lower volatility, and potential earnings multiple normalization, setting it up for superior returns compared to the S&P. AEP's valuation is opportunistic, with a forward multiple of 17X, expected to rise to 19X, making it attractive within the utility sector. Read the full article on Seeking AlphaSeeking Alpha • Aug 31American Electric Power: A Reliable Dividend Play With Limited UpsideSummary The company's changing CEO and the electrification of society, mainly due to the growth of data centers, are tailwinds. However, as a regulated utility, it will be hard to take advantage of the demand growth due to high capital expenditures. I estimate the company is reasonably priced at $100 per share using a discounted dividend model. Read the full article on Seeking AlphaSeeking Alpha • Aug 14American Electric Power: Buy This Underappreciated Dividend Growth Stock NowSummary The rise of artificial intelligence is a major boon to regulated electric utilities. American Electric Power's operating revenue and operating EPS climbed higher in Q2. The electric utility's interest coverage ratio is healthy and the debt-to-capital ratio is holding steady. Shares of AEP are priced 6% below my fair value estimate. The electric utility could deliver 26% cumulative total returns through 2026. Read the full article on Seeking AlphaReported Earnings • Jul 31Second quarter 2024 earnings: EPS and revenues miss analyst expectationsSecond quarter 2024 results: EPS: US$0.64 (down from US$1.01 in 2Q 2023). Revenue: US$4.58b (up 4.7% from 2Q 2023). Net income: US$340.3m (down 35% from 2Q 2023). Profit margin: 7.4% (down from 12% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 2.4%. Earnings per share (EPS) also missed analyst estimates by 49%. Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Electric Utilities industry in the US. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has increased by 3% per year.공지 • Jul 30American Electric Power Company, Inc. Reaffirms Earnings Guidance for the Year 2024American Electric Power Company, Inc. reaffirmed earnings guidance for the year 2024. The company Estimated EPS on a GAAP basis to be $5.56 to $5.76.Declared Dividend • Jul 28First quarter dividend of US$0.88 announcedShareholders will receive a dividend of US$0.88. Ex-date: 9th August 2024 Payment date: 10th September 2024 Dividend yield will be 3.6%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by earnings (63% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 5.8% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 18% over the next 3 years, which should provide support to the dividend and adequate earnings cover.공지 • Jul 25American Electric Power Company, Inc. Declares Quarterly Dividend on Common Stock, Payable on September 10, 2024The Board of Directors of American Electric Power Co. declared a regular quarterly cash dividend of 88 cents a share on the company's common stock. The dividend is payable Sept. 10, 2024, to shareholders of record as of Aug. 9, 2024, and is the company's 457th consecutive quarterly common stock cash dividend. AEP has paid a cash dividend on its common stock every quarter since July 1910.공지 • Jun 27American Electric Power Company, Inc. Announces Chief Executive Officer ChangesAmerican Electric Power's Board of Directors has elected William J. "Bill" Fehrman as chief executive officer, effective Aug. 1, 2024. Fehrman brings decades of utility operational leadership experience and in-depth knowledge of the energy industry. Most recently, he served as president and CEO of Centuri Holdings, where he helped to successfully launch Centuri as a public company, while leading their efforts to partner with regulated utilities to build, modernize and maintain energy infrastructure. Prior to that, he was president and CEO of Berkshire Hathaway Energy, where he drove significant financial growth and implemented key customer service initiatives. Fehrman also led MidAmerican Energy Company, PacifiCorp Energy and Nebraska Public Power District as president and CEO. Fehrman is AEP's 13th president and ninth CEO in the company's 118-year history. He will succeed Ben Fowke, who has been serving as interim CEO since February 2024. Fowke, who was elected to the Board in 2022 and will continue as a board member, will serve as a senior advisor for several months to ensure a smooth transition. Fehrman, 63, has been president and CEO of Centuri Holdings since January and previously served as president, CEO and a director of Berkshire Hathaway Energy (BHE), a subsidiary of Berkshire Hathaway, since 2018. From 2007 to 2018, Fehrman was president and CEO of MidAmerican Energy Company (MEC), which was acquired by BHE in 1999. Previously, he served in a variety of roles including senior vice president of BHE, president and CEO of PacifiCorp Energy and president and CEO of Nebraska Public Power District. Fehrman currently serves on the Boards of Centuri Holdings, Inc. and Vestas Wind Systems A/S. He earned a Bachelor of Science degree in Civil Engineering from the University of Nebraska and an MBA from Regis University.이익 및 매출 성장 예측NasdaqGS:AEP - 애널리스트 향후 추정치 및 과거 재무 데이터 (USD Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/202826,8534,367-7,3468,8801612/31/202724,8783,894-5,5478,1691712/31/202623,6353,493-4,3727,394173/31/202622,4333,654-6,6957,013N/A12/31/202521,8763,580-5,0926,944N/A9/30/202521,2563,662-3,7926,858N/A6/30/202520,6663,649-3,6366,571N/A3/31/202520,1582,764-1,6996,812N/A12/31/202419,7212,967-1,3666,804N/A9/30/202419,6022,639-5336,413N/A6/30/202419,5242,633-7466,035N/A3/31/202419,3172,814-1,4835,737N/A12/31/202318,9822,208-2,6495,012N/A9/30/202319,2862,256-3,6834,231N/A6/30/202319,4711,986-3,6574,179N/A3/31/202319,7381,990-2,9094,384N/A12/31/202219,6402,307-2,6925,288N/A9/30/202218,8202,462-2,0615,600N/A6/30/202217,9172,574-1,9265,787N/A3/31/202217,1042,628-2,2255,579N/A12/31/202116,7922,488-2,6913,840N/A9/30/202116,3412,385-2,5913,884N/A6/30/202115,7852,337-3,1353,131N/A3/31/202115,4522,280-3,0733,100N/A12/31/202014,9192,200-2,4833,833N/A9/30/202014,9241,918-2,6323,842N/A6/30/202015,1731,903-2,1904,216N/A3/31/202015,2521,844-2,2624,078N/A12/31/201915,5611,921N/A4,270N/A9/30/201915,7472,131N/A4,641N/A6/30/201915,7651,975N/A5,017N/A3/31/201916,2042,042N/A5,229N/A12/31/201816,1961,924N/A5,223N/A9/30/201816,2051,961N/A5,079N/A6/30/201815,9771,928N/A4,560N/A3/31/201815,5401,775N/A4,266N/A12/31/201715,4251,913N/A4,270N/A9/30/201715,4051,885N/A4,225N/A6/30/201715,952575N/A4,513N/A3/31/201716,269704N/A4,526N/A12/31/201616,380613N/A4,519N/A9/30/201616,205444N/A4,316N/A6/30/201615,9841,720N/A4,338N/A3/31/201615,9181,646N/A4,361N/A12/31/201516,4531,763N/A4,819N/A9/30/201516,6581,719N/A4,819N/A6/30/201516,3881,690N/A4,620N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: AEP 의 연간 예상 수익 증가율(9.2%)이 saving rate(3.5%)보다 높습니다.수익 vs 시장: AEP 의 연간 수익(9.2%)이 US 시장(16.7%)보다 느리게 성장할 것으로 예상됩니다.고성장 수익: AEP 의 수입은 증가할 것으로 예상되지만 상당히 증가하지는 않을 것입니다.수익 대 시장: AEP 의 수익(연간 7.1%)이 US 시장(연간 11.6%)보다 느리게 성장할 것으로 예상됩니다.고성장 매출: AEP 의 수익(연간 7.1%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: AEP의 자본 수익률은 3년 후 10.9%로 낮을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YUtilities 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/07 03:47종가2026/05/07 00:00수익2026/03/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스American Electric Power Company, Inc.는 31명의 분석가가 다루고 있습니다. 이 중 20명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Jacob KilsteinArgus Research CompanyNicholas CampanellaBarclaysMichael LoneganBarclays28명의 분석가 더 보기
공지 • May 06American Electric Power Company, Inc. Reaffirms Earnings Guidance for the Year 2026American Electric Power Company, Inc. reaffirmed earnings guidance for the year 2026. For the year, the company expects Operating EPS Guidance of $6.15 to $6.45 per share.
공지 • Feb 12American Electric Power Company, Inc. Reaffirms Earnings Guidance for the Year 2026American Electric Power Company, Inc. reaffirmed earnings guidance for the year 2026. For the year, the company expects operating earnings outlook of $6.15 to $6.45 per share and its long-term operating earnings growth rate of 7% to 9%.
공지 • Oct 29American Electric Power Company, Inc. Reaffirms Earnings Guidance for the Full Year Ended December 31, 2025American Electric Power Company, Inc. reaffirmed earnings guidance for the full year ended December 31, 2025. The company confirmed its 2025 operating earnings guidance range of $5.75 to $5.95 per share, guiding to the upper half of the range. Estimated EPS on a GAAP Basis to be in the range of $6.58 to 6.78.
분석 기사 • Aug 02Earnings Beat: American Electric Power Company, Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their ModelsAmerican Electric Power Company, Inc. ( NASDAQ:AEP ) investors will be delighted, with the company turning in some...
공지 • Jul 30American Electric Power Company, Inc. Re-Affirms Earnings Guidance for the Year 2025American Electric Power Company, Inc. re-affirmed earnings guidance for the year 2025. For the year, the company's operating earnings guidance range of $5.75 to $5.95 per share and long-term growth rate of 6% to 8%.
공지 • May 06American Electric Power Company, Inc. Reaffirms Earnings Guidance for the Year 2025American Electric Power Company, Inc. reaffirmed earnings guidance for the year 2025. For the year, the company expects 2025 operating earnings guidance range of $5.75 to $5.95 per share and long-term growth rate of 6% to 8%. Earnings per share on a GAAP basis would be $5.71 to $5.91 per share.
내러티브 업데이트 • May 09AEP: Data Center Backlog And Grid Investments Will Shape Future ReturnsNarrative Update Analysts have moderately lifted the implied price target for American Electric Power Company to $144.29 from $141.38, reflecting updated views on its earnings power. This change is supported by research that cites factors such as the company's 56 GW contracted load backlog, large transmission network, and potential upside in earnings and rate base.
Reported Earnings • May 06First quarter 2026 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2026 results: EPS: US$1.61 (up from US$1.50 in 1Q 2025). Revenue: US$6.02b (up 10% from 1Q 2025). Net income: US$874.0m (up 9.2% from 1Q 2025). Profit margin: 14% (in line with 1Q 2025). Revenue exceeded analyst estimates by 4.4%. Earnings per share (EPS) also surpassed analyst estimates by 2.8%. Revenue is forecast to grow 7.1% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the Electric Utilities industry in the US. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.
공지 • May 06American Electric Power Company, Inc. Reaffirms Earnings Guidance for the Year 2026American Electric Power Company, Inc. reaffirmed earnings guidance for the year 2026. For the year, the company expects Operating EPS Guidance of $6.15 to $6.45 per share.
Declared Dividend • May 01Fourth quarter dividend of US$0.95 announcedShareholders will receive a dividend of US$0.95. Ex-date: 8th May 2026 Payment date: 10th June 2026 Dividend yield will be 2.8%, which is lower than the industry average of 3.6%. Sustainability & Growth Dividend is covered by earnings (56% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 6.0% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 19% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Seeking Alpha • Apr 30American Electric Power: Attractive Transmission Exposure But Elevated ValuationsSummary American Electric Power is attractively positioned to secular growth drivers due to its geography and its transmission-heavy exposure. Investments in transmission are picking up pace following historical underinvestment and constraints to electrification trends. Analysts expect AEP to deliver full-year adjusted EPS of $6.36 in 2026. Valuation multiples are near the upper end of both historical ranges and peer comparisons. Read the full article on Seeking Alpha
공지 • Apr 29American Electric Power Company, Inc. Declares Regular Quarterly Dividend Payable June 10, 2026American Electric Power Company, Inc. has declared a regular quarterly cash dividend of 95 cents per share on the company's common stock. The dividend is payable June 10, 2026, to shareholders of record as of May 8, 2026, and is the company's 464th consecutive quarterly common stock cash dividend. AEP has paid a cash dividend on its common stock every quarter since July 1910.
내러티브 업데이트 • Apr 25AEP: Data Center Backlog And Grid Spend Will Guide Balanced OutlookAnalysts have nudged their blended price target for American Electric Power higher to reflect modestly adjusted fair value and revenue growth assumptions, supported by a series of recent target increases across the Street despite one small reduction. Analyst Commentary Recent research on American Electric Power Company reflects an overall constructive tone, with multiple firms adjusting price targets and ratings as they refresh models after the latest earnings season and sector reviews.
새 내러티브 • Apr 24AEP: Capturing the Scarcity Value of the American Power GridAs of April 2026, American Electric Power (AEP) has transitioned from a traditional income stock to a structural growth play. While its current price of $134 (20.3x Fwd P/E) sits above historical norms, this premium is fundamentally supported by a tectonic shift in grid demand.
내러티브 업데이트 • Apr 09AEP: Data Center Load Backlog And Grid Investments Will Shape OutlookAnalysts have raised their average price target for American Electric Power Company by roughly $4 to about $137. They attribute this change to updated models that factor in higher contracted load, a larger capital program in transmission and supply, and refined earnings assumptions following recent Q4 results.
Buy Or Sell Opportunity • Apr 01Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 14% to US$132. The fair value is estimated to be US$109, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.3% over the last 3 years. Earnings per share has grown by 19%. For the next 3 years, revenue is forecast to grow by 7.6% per annum. Earnings are also forecast to grow by 8.4% per annum over the same time period.
내러티브 업데이트 • Mar 26AEP: Data Center Load And Transmission Build Plan Will Shape OutlookAnalyst price targets for American Electric Power Company have been revised modestly higher to reflect updated earnings models, a slightly higher fair value estimate of about $137.47, and continued emphasis on the company's large contracted load backlog and transmission-focused investment plans. Analyst Commentary Recent Street research on American Electric Power Company reflects a generally constructive tone, with several firms adjusting price targets higher and a mix of rating upgrades and one downgrade tied mainly to valuation.
공지 • Mar 20American Electric Power Co Inc Receives Regulatory Acceptance for Dam Safety Incident Report At Claytor ProjectAmerican Electric Power Company, Inc. had September 12, 2025, letter provided a revised plan and schedule addressing comments from its August 8, 2025, letter regarding the site-specific Probable Maximum Precipitation (SSPMP) and Probable Maximum Flood (PMF) studies for the above referenced projects. A discussion on the revised plan and schedule for the SSPMP-PMF studies during the October 2, 2025, meeting was documented in its letter dated October 24, 2025. Federal Energy Regulatory Commission has reviewed its submittals and find them acceptable. The next major milestone for the ongoing SSPMP and PMF studies is developing the Probable Maximum Precipitations (PMPs) for projects covered under the Roanoke River Basin and a review of PMPs by the Independent Meteorologist. As a reminder, submit a copy of its design package for a concurrent review by its office and the Independent Meteorologist. The due date to submit the design report is April 1, 2026.
Buy Or Sell Opportunity • Mar 12Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 16% to US$132. The fair value is estimated to be US$109, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.3% over the last 3 years. Earnings per share has grown by 19%. For the next 3 years, revenue is forecast to grow by 7.6% per annum. Earnings are also forecast to grow by 8.4% per annum over the same time period.
내러티브 업데이트 • Mar 11AEP: Data Center Load Backlog And Fuel Project Will Shape OutlookThe analyst price target for American Electric Power Company has been raised by about $3.50 to $136.53, as analysts point to updated earnings expectations, a large contracted load backlog, and an extensive capital and transmission investment program as key supports for their revised outlook. Analyst Commentary Recent research updates on American Electric Power Company show an active debate around how to value the company’s growth plans, capital spending, and contract backlog.
공지 • Mar 07American Electric Power Texas Announces Executive ChangesAmerican Electric Power has named Adrian Rodriguez as president and chief operating officer of AEP Texas to align with the company's strategy to capitalize on long-term priorities, further strengthen operational performance and enhance relationships with key stakeholders in the state. Rodriguez will join the company March 30, 2026 and will report to Bill Fehrman, AEP chairman, president and chief executive officer. Rodriguez will succeed Judith Talavera, who has left the organization. Alex Ramirez, vice president, Distribution Operations, AEP Texas, will serve as interim president and chief operating officer until Rodriguez joins the company to ensure a smooth transition. Rodriguez currently serves as president of Southwestern Public Service Company, a subsidiary of Xcel Energy serving customers in New Mexico and Texas, where he directed significant regulatory initiatives, secured the largest capital project in the company's history and led the company through wildfire recovery efforts. Prior to joining Southwestern Public Service Company in 2022, Rodriguez served as senior vice president, Regulatory & Strategy, for Puget Sound Energy. Prior to Puget Sound, he held roles of increasing responsibility with El Paso Electric Company, including senior vice president, General Counsel, and interim chief executive officer and board director. Rodriguez has held various roles in private law practice, the federal court system, public policy and in the Texas legislature. Rodriguez received a bachelor's degree in economics and government from the University of Texas, a master's degree in public policy from Harvard University's Kennedy School of Government and a Juris Doctor from Columbia University.
공지 • Mar 05American Electric Power Company, Inc., Annual General Meeting, Apr 28, 2026American Electric Power Company, Inc., Annual General Meeting, Apr 28, 2026. Location: meetnow.global/aep2026., United States
내러티브 업데이트 • Feb 24AEP: Data Center Load And Fuel Project Will Shape Premium Valuation PotentialAnalysts have lifted their price expectations for American Electric Power, with the updated fair value estimate moving from $128.75 to $133.03. They cite a larger contracted load pipeline, ongoing capital investment plans in supply and transmission, and continued execution that supports premium P/E assumptions, despite slightly lower revenue growth and profit margin inputs in recent models.
Buy Or Sell Opportunity • Feb 23Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 8.6% to US$132. The fair value is estimated to be US$109, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.3% over the last 3 years. Earnings per share has grown by 19%. For the next 3 years, revenue is forecast to grow by 7.6% per annum. Earnings are also forecast to grow by 8.5% per annum over the same time period.
공지 • Feb 18American Electric Power Company, Inc. Announces Non-Standing for Re-election of Henry P. Linginfelter as Member of the Board of DirectorsOn February 13, 2026, American Electric Power Company, Inc. announced that Henry P. Linginfelter, a member of the Board of Directors of the company notified the Board that he would not stand for re-election to the Board at the Company's 2026 Annual Meeting of Shareholders. Mr. Linginfelter stated that his decision is not due to any disagreement with the Company on any matter relating to the Company’s operations, policies, or practices.
Reported Earnings • Feb 13Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: EPS: US$6.70 (up from US$5.60 in FY 2024). Revenue: US$21.9b (up 11% from FY 2024). Net income: US$3.58b (up 21% from FY 2024). Profit margin: 16% (up from 15% in FY 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 8.6%. Revenue is forecast to grow 7.3% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the Electric Utilities industry in the US. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.
공지 • Feb 12American Electric Power Company, Inc. Reaffirms Earnings Guidance for the Year 2026American Electric Power Company, Inc. reaffirmed earnings guidance for the year 2026. For the year, the company expects operating earnings outlook of $6.15 to $6.45 per share and its long-term operating earnings growth rate of 7% to 9%.
내러티브 업데이트 • Feb 10AEP: Data Center Load And Fuel Project Will Test Premium StandingAnalysts have nudged their price targets on American Electric Power higher by a few dollars, reflecting updated views that incorporate a slightly higher fair value estimate of about $128.75, modest adjustments to growth and discount rate assumptions, and recent mixed research that includes several target increases alongside one valuation driven downgrade. Analyst Commentary Recent research on American Electric Power Company reflects a mix of optimism around growth projects and valuation discipline as the share price moves relative to peers.
Upcoming Dividend • Feb 06Upcoming dividend of US$0.95 per shareEligible shareholders must have bought the stock before 10 February 2026. Payment date: 10 March 2026. Payout ratio is a comfortable 54% but the company is not cash flow positive. Trailing yield: 3.1%. Lower than top quartile of American dividend payers (4.2%). Higher than average of industry peers (2.8%).
내러티브 업데이트 • Jan 26AEP: Data Center Demand And Grid Plan Will Test Premium ValuationAnalysts have slightly raised their price targets on American Electric Power Company by a few dollars, citing updated assumptions around revenue growth, profit margins, and future P/E multiples. They generally view the shares as fairly valued, with execution and regulatory progress identified as key drivers.
Declared Dividend • Jan 23Third quarter dividend of US$0.95 announcedShareholders will receive a dividend of US$0.95. Ex-date: 10th February 2026 Payment date: 10th March 2026 Dividend yield will be 3.2%, which is lower than the industry average of 3.6%. Sustainability & Growth Dividend is covered by earnings (54% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 6.0% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 18% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
공지 • Jan 21American Electric Power Declares Quarterly Dividend on Common Stock, Payable on March 10, 2026The Board of Directors of American Electric Power has declared a regular quarterly cash dividend of 95 cents per share on the company's common stock. The dividend is payable March 10, 2026, to shareholders of record as of February 10, 2026.
내러티브 업데이트 • Jan 12AEP: Data Center Demand And Grid Investments Will Shape Balanced OutlookAnalysts have nudged their price targets on American Electric Power higher into a roughly $117 to $133 range, pointing to a solid balance sheet, a large planned capital program, exposure to rising power demand including data centers, and constructive regulatory support as key reasons for the updated valuations. Analyst Commentary Recent research on American Electric Power Company shows a mix of optimism around growth opportunities and prudence around valuation and execution risk.
내러티브 업데이트 • Dec 21AEP: Data Center Load And Massive Capex Plan Will Drive Future UpsideAnalysts have nudged their price target on American Electric Power Company modestly higher, citing a series of recent target increases across the Street. These moves reflect expectations for stronger rate base and earnings growth supported by robust data center driven demand and a sizable, multi year capital plan.
내러티브 업데이트 • Dec 07AEP: Data Center Demand And Execution On Massive Grid Buildout Will Drive OutcomesThe analyst price target for American Electric Power Company has risen by approximately $4 to the low $120s range, as analysts highlight the company's solid balance sheet, sizable $70B-plus capital plan, and growing exposure to data center driven demand, even as they flag valuation and regulatory execution as key swing factors. Analyst Commentary Recent Street research reflects a constructive but selective stance on American Electric Power, with many bullish analysts raising price targets into the low to mid $120s and a few more cautious voices emphasizing execution and valuation risk.
공지 • Nov 26American Electric Power Company, Inc. has filed a Follow-on Equity Offering in the amount of $3.5 billion.American Electric Power Company, Inc. has filed a Follow-on Equity Offering in the amount of $3.5 billion. Security Name: Common Stock Security Type: Common Stock Transaction Features: At the Market Offering
내러티브 업데이트 • Nov 23AEP: Data Center Demand And Execution On $70 Billion Plan Will Drive ResultsThe analyst price target for American Electric Power Company has increased by $1.35 to $128.68. Analysts point to ongoing improvements in the company’s financial outlook and stronger confidence in future earnings growth, supported by regulatory and strategic updates.
내러티브 업데이트 • Nov 05AEP: Data Center Demand And Regulatory Outcomes Will Shape Earnings Path ForwardAmerican Electric Power Company's analyst price target has increased from $120.41 to $127.32. Analysts cite stronger projected revenue growth and robust demand fundamentals to support the upward revision.
Reported Earnings • Oct 30Third quarter 2025 earnings: EPS in line with analyst expectations despite revenue beatThird quarter 2025 results: EPS: US$1.82 (up from US$1.80 in 3Q 2024). Revenue: US$6.01b (up 11% from 3Q 2024). Net income: US$972.0m (up 1.3% from 3Q 2024). Profit margin: 16% (down from 18% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 7.9%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 6.8% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the Electric Utilities industry in the US. Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 11% per year.
분석 기사 • Oct 29American Electric Power Company (NASDAQ:AEP) Is Increasing Its Dividend To $0.95The board of American Electric Power Company, Inc. ( NASDAQ:AEP ) has announced that it will be increasing its dividend...
공지 • Oct 29American Electric Power Company, Inc. Reaffirms Earnings Guidance for the Full Year Ended December 31, 2025American Electric Power Company, Inc. reaffirmed earnings guidance for the full year ended December 31, 2025. The company confirmed its 2025 operating earnings guidance range of $5.75 to $5.95 per share, guiding to the upper half of the range. Estimated EPS on a GAAP Basis to be in the range of $6.58 to 6.78.
Declared Dividend • Oct 25Second quarter dividend increased to US$0.95Dividend of US$0.95 is 2.2% higher than last year. Ex-date: 10th November 2025 Payment date: 10th December 2025 Dividend yield will be 3.2%, which is lower than the industry average of 3.6%. Sustainability & Growth Dividend is covered by earnings (54% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 5.8% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 12% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
공지 • Oct 23American Electric Power Declares Regular Quarterly Cash Dividend, Payable on December 10, 2025The Board of Directors of American Electric Power has declared a regular quarterly cash dividend of 95 cents per share on the company's common stock, an increase of 2 cents per share. The dividend is payable December 10, 2025, to shareholders of record as of November 10, 2025, and is the company's 462 consecutive quarterly common stock cash dividend. AEP has paid a cash dividend on its common stock every quarter since July 1910.
내러티브 업데이트 • Oct 22Analysts Highlight Growth Prospects and Risks as American Electric Power Targets Higher ValuationAmerican Electric Power Company's analyst price target has increased by approximately $4.57. Analysts cite the company's substantial multi-year capital plan, accelerating demand for electricity, and improving regulatory momentum as drivers of a stronger outlook.
내러티브 업데이트 • Oct 08Capital Investments And Regulatory Moves Will Secure Future GridAmerican Electric Power Company's analyst price target has been modestly increased to $115.83 from $115. Analysts cite ongoing execution, robust demand trends, and the company's strategic positioning in large load development as key supporting factors.
분석 기사 • Sep 03Here's Why American Electric Power Company (NASDAQ:AEP) Has A Meaningful Debt BurdenHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
분석 기사 • Aug 02Earnings Beat: American Electric Power Company, Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their ModelsAmerican Electric Power Company, Inc. ( NASDAQ:AEP ) investors will be delighted, with the company turning in some...
Reported Earnings • Jul 31Second quarter 2025 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2025 results: EPS: US$2.29 (up from US$0.64 in 2Q 2024). Revenue: US$5.09b (up 11% from 2Q 2024). Net income: US$1.23b (up 260% from 2Q 2024). Profit margin: 24% (up from 7.4% in 2Q 2024). The increase in margin was primarily driven by higher revenue. Revenue exceeded analyst estimates by 2.4%. Earnings per share (EPS) also surpassed analyst estimates by 84%. Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Electric Utilities industry in the US. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
공지 • Jul 30American Electric Power Company, Inc. Re-Affirms Earnings Guidance for the Year 2025American Electric Power Company, Inc. re-affirmed earnings guidance for the year 2025. For the year, the company's operating earnings guidance range of $5.75 to $5.95 per share and long-term growth rate of 6% to 8%.
Declared Dividend • Jul 25First quarter dividend of US$0.93 announcedShareholders will receive a dividend of US$0.93. Ex-date: 8th August 2025 Payment date: 10th September 2025 Dividend yield will be 3.4%, which is lower than the industry average of 3.6%. Sustainability & Growth Dividend is covered by earnings (70% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 5.8% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 27% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
공지 • Jul 22American Electric Power Declares Regular Quarterly Cash Dividend, Payable on September 10, 2025The Board of Directors of American Electric Power has declared a regular quarterly cash dividend of 93 cents per share on the company's common stock. The dividend is payable September 10, 2025, to shareholders of record as of August 8, 2025.
분석 기사 • Jul 03The Return Trends At American Electric Power Company (NASDAQ:AEP) Look PromisingIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Ideally, a...
공지 • Jun 30American Electric Power Company, Inc.(NasdaqGS:AEP) dropped from Russell 1000 Dynamic IndexAmerican Electric Power Company, Inc.(NasdaqGS:AEP) dropped from Russell 1000 Dynamic Index
공지 • Jun 17American Electric Power Announces Management ChangesAmerican Electric Power announced leadership changes to support its long-term strategy. The company has named Rob Berntsen executive vice president and general counsel, effective July 14, 2025 He will succeed David Feinberg, who will serve as senior advisor to the chief executive officer until departing the company August 15, 2025. Additionally, AEP has named Johannes Eckert executive vice president and chief information and technology officer, effective July 21, 2025. Both Berntsen and Eckert will report to Bill Fehrman, AEP president, chief executive officer and director. Berntsen joins AEP from Xcel Energy, where he was executive vice president and chief legal and compliance officer. Prior to joining Xcel, he was senior vice president, chief of staff and general counsel at BHE Renewables, a subsidiary of Berkshire Hathaway Energy (BHE). Prior to BHE Renewables, Berntsen served as senior vice president and general counsel for BHE subsidiary MidAmerican Energy Company and led the utility's legal, regulatory, government affairs, compliance and energy efficiency groups. Prior to joining MidAmerican, he served as vice president of policy, government and regulatory affairs for the Midcontinent Independent System Operator Inc. (MISO), chair and member of the Iowa Utilities Commission, and corporate counsel for energy holding company Vectren Corp. (now part of CenterPoint Energy). Berntsen was a captain in the Judge Advocate General (JAG) Corps, the legal arm of the U.S. Army, and deployed to Iraq in 2005 in support of Operation Iraqi Freedom. He received his bachelor's degree from Georgetown University and his juris doctorate from the University of Iowa. Eckert most recently served as senior vice president and chief information officer of Cox Communications. During his 16 years with Cox Communications, he held roles of increasing responsibility, including various leadership roles in wireless technology, application development and network operations. Prior to joining Cox Communications, he was partner and head of wireless for Acta Wireless. His extensive experience also spans leadership and consulting roles across the U.S., Germany and South America including tenures at Kearney, AT&T, Telefónica Germany and Accenture. Eckert received his bachelor's degree in computer science from the Berlin University of Applied Sciences and his master's degree in international marketing and finance from Kennesaw State University.
공지 • Jun 06KKR & Co. Inc. (NYSE:KKR) and Public Sector Pension Investment Board completed the acquisition of 19.9% stake in AEP Ohio Transmission Company, Inc and AEP Indiana Michigan Transmission Company, Inc. from American Electric Power Company, Inc. (NasdaqGS:AEP).KKR & Co. Inc. (NYSE:KKR) and Public Sector Pension Investment Board agreed to acquire 19.9% stake in AEP Ohio Transmission Company, Inc and AEP Indiana Michigan Transmission Company, Inc. from American Electric Power Company, Inc. (NasdaqGS:AEP) for $2.8 billion on January 9, 2025. Upon closing, 2025-2029 average earnings accretion is expected to be 1.7%. The transaction requires approval from FERC and clearance from the Committee on Foreign Investment in the United States. The transaction is expected to close in the second half of 2025. Moelis & Company acted as financial advisor for KKR & Co. Inc. and Public Sector Pension Investment Board. Morgan Stanley & Co. LLC acted as financial advisor for KKR & Co. Inc. and Public Sector Pension Investment Board. Simpson Thacher & Bartlett LLP acted as legal advisor for KKR & Co. Inc. and Public Sector Pension Investment Board. J.P. Morgan Securities LLC acted as financial advisor for American Electric Power Company, Inc. Morgan, Lewis & Bockius LLP acted as legal advisor for American Electric Power Company, Inc. KKR & Co. Inc. (NYSE:KKR) and Public Sector Pension Investment Board completed the acquisition of 19.9% stake in AEP Ohio Transmission Company, Inc and AEP Indiana Michigan Transmission Company, Inc. from American Electric Power Company, Inc. (NasdaqGS:AEP) on June 5, 2025. AEP will continue to operate and maintain these transmission facilities. American Electric Power Company will use the transaction proceeds to support AEP's five-year, $54 billion capital plan.
분석 기사 • May 24American Electric Power Company (NASDAQ:AEP) Seems To Be Using A Lot Of DebtThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Recent Insider Transactions Derivative • May 20Insider notifies of intention to sell stockQuinton Lies intends to sell 10k shares in the next 90 days after lodging an Intent To Sell Form on the 19th of May. If the sale is conducted around the recent share price of US$103, it would amount to US$1.0m. Since September 2024, Quinton's direct individual holding has increased from 934.00 shares to 10.31k. There have been no trades via on-market transactions or options from company insiders in the last 12 months.
Reported Earnings • May 07First quarter 2025 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2025 results: EPS: US$1.50 (down from US$1.91 in 1Q 2024). Revenue: US$5.46b (up 8.7% from 1Q 2024). Net income: US$800.2m (down 20% from 1Q 2024). Profit margin: 15% (down from 20% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 5.4%. Earnings per share (EPS) also surpassed analyst estimates by 8.1%. Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Electric Utilities industry in the US. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 3% per year.
공지 • May 06American Electric Power Company, Inc. Reaffirms Earnings Guidance for the Year 2025American Electric Power Company, Inc. reaffirmed earnings guidance for the year 2025. For the year, the company expects 2025 operating earnings guidance range of $5.75 to $5.95 per share and long-term growth rate of 6% to 8%. Earnings per share on a GAAP basis would be $5.71 to $5.91 per share.
Declared Dividend • May 02Fourth quarter dividend of US$0.93 announcedShareholders will receive a dividend of US$0.93. Ex-date: 9th May 2025 Payment date: 10th June 2025 Dividend yield will be 3.4%, which is lower than the industry average of 3.6%. Sustainability & Growth Dividend is covered by earnings (64% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 6.4% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 21% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Board Change • May 01High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Joe Sauvage was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
공지 • Apr 30American Electric Power Declares Quarterly Dividend on Common Stock, Payable on June 10, 2025The Board of Directors of American Electric Power has declared a regular quarterly cash dividend of 93 cents per share on the company's common stock. The dividend is payable June 10, 2025, to shareholders of record as of May 9, 2025, and is the company's 460th consecutive quarterly common stock cash dividend.
공지 • Apr 29American Electric Power Company, Inc. Announces Board ChangesJoseph G. Sauvage, retired vice chairman and chairman of Global Power, Utilities and Renewables of Citigroup, elected to the American Electric Power Board of Directors. Sauvage led Citigroup's Global Power, Utilities and Renewables practice for more than 16 years. Prior to joining Citigroup, he held various investment banking roles at Lehman Brothers, including vice chairman and global head of Power, Utilities and Renewables. Sauvage served as a vice chairman of the Wall Street Advisory Group and was a member of the executive committee for the Electric Power Research Institute Advisory Council. Donna James did not stand for re-election to the Board of Directors for personal reasons.
Seeking Alpha • Apr 07American Electric Power: EPS Up 31% In 2024 EarningsSummary American Electric Power has shown consistent financial growth, with revenue rising from $14.9 billion in 2020 to $19.7 billion in 2024, and net profit increasing from $2.2 billion to $3.0 billion. AEP's business model focuses on regulated infrastructure, ensuring stable profitability and predictable cash flow, supported by a vertically integrated structure and centralized management. The company plans a $54 billion investment over five years to modernize infrastructure and expand generation, aiming for 6-8% annual EPS growth and a 4% dividend yield. Despite regulatory risks and market challenges, AEP's strategic focus on electrification and data center growth positions it for long-term success, with a fair valuation of $109.13 per share and a "Buy" rating. Read the full article on Seeking Alpha
공지 • Mar 26American Electric Power Company, Inc. has completed a Follow-on Equity Offering in the amount of $2 billion.American Electric Power Company, Inc. has completed a Follow-on Equity Offering in the amount of $2 billion. Security Name: Common Stock Security Type: Common Stock Securities Offered: 19,607,844 Price\Range: $102 Discount Per Security: $2.244
공지 • Mar 25+ 1 more updateAmerican Electric Power Company, Inc. has filed a Follow-on Equity Offering in the amount of $2 billion.American Electric Power Company, Inc. has filed a Follow-on Equity Offering in the amount of $2 billion. Security Name: Common Stock Security Type: Common Stock
공지 • Mar 14American Electric Power Company, Inc., Annual General Meeting, Apr 29, 2025American Electric Power Company, Inc., Annual General Meeting, Apr 29, 2025. Location: meetnow.global/aep2025, United States
공지 • Feb 22American Electric Power Company, Inc. Announces Donna A. James, Not Stand for Re-Election to the BoardOn February 18, 2025, Donna A. James, a member of the Board of Directors ("Board") of American Electric Power Company, Inc. ("Company"), notified the Board that she would not stand for re-election to the Board at the Company's 2025 Annual Meeting of Shareholders. Ms. James stated that she is not standing for re-election to the Board for personal reasons and not due to any disagreement with the Company on any matter relating to the Company’s operations, policies, or practices.
Reported Earnings • Feb 13Full year 2024 earnings: EPS in line with expectations, revenues disappointFull year 2024 results: EPS: US$5.60 (up from US$4.26 in FY 2023). Revenue: US$19.7b (up 3.9% from FY 2023). Net income: US$2.97b (up 34% from FY 2023). Profit margin: 15% (up from 12% in FY 2023). Revenue missed analyst estimates by 2.8%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Electric Utilities industry in the US. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has increased by 6% per year.
Seeking Alpha • Jan 26American Electric Power: Charge Up Your Portfolio With Durable AssetsSummary American Electric Power offers a solid investment with a 3.8% dividend yield and a strong track record of shareholder returns and financial management. Management targets 6-8% annual EPS growth starting in 2026, driven by a $54 billion capital investment plan and operational efficiencies. AEP's new CEO is committed to optimizing the company structure, aiming for improved performance and strategic growth in regulated utilities and renewable energy. AEP's attractive valuation and potential 10-12% total returns make it a compelling choice for long-term investors. Read the full article on Seeking Alpha
Declared Dividend • Jan 24Third quarter dividend of US$0.93 announcedShareholders will receive a dividend of US$0.93. Ex-date: 10th February 2025 Payment date: 10th March 2025 Dividend yield will be 3.7%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by earnings (70% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 6.4% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 23% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
공지 • Jan 22American Electric Power Declares Quarterly Dividend on Common Stock, Payable on March 10, 2025The Board of Directors of American Electric Power has declared a regular quarterly cash dividend of 93 cents per share on the company's common stock. The dividend is payable March 10, 2025, to shareholders of record as of February 10, 2025.
공지 • Jan 17American Electric Power Seeking Grants to Assist with Advanced Nuclear Site Exploration in Indiana and VirginiaAmerican Electric Power is seeking grants from the U.S. Department of Energy to support the Early Site Permit process for two potential Small Modular Reactor (SMR) sites. Through its Indiana Michigan Power (I&M) operating company, AEP is announcing that property at the Rockport Plant in Spencer County, Indiana, has been identified as a potential SMR site. Previously AEP, through its Appalachian Power operating company, had announced it was beginning the ESP process for company-owned Joshua Falls property in Campbell County, Virginia. Through a grant funding partnership with the Tennessee Valley Authority and GE Hitachi Nuclear Energy (GEH), I&M is seeking $50 million to begin the early stages of SMR development at the Rockport Plant site. If awarded funds, I&M will conduct ESP activities, as well as a Preliminary Safety Analysis Report, which is required for a potential future Construction Permit, at the site utilizing the GEH BWRX-300 technology. This includes gathering public input from community members, collecting detailed site information, and deployment planning for the use of a GEH BWRX-300 at the site. This SMR unit is capable of generating 300 megawatts (MW) of electricity. SMRs offer tremendous potential to provide safe, reliable and clean energy 24 hours a day, 365 days a year. The relatively small footprint allows SMRs to be constructed in areas that were not previously feasible for nuclear energy generation. SMR sites can also be scaled to match the energy needs of the state. A single SMR unit can generate up to 500 MW of clean energy, depending on the design of the unit. Both grant applications were submitted under the USDOE's Generation III+ Small Modular Reactor Program. The program is offering up to $900 million in grants. I&M has applied as a subrecipient under TVA's application, with GEH as the reactor technology provider. I&M will host a public open house mid-year. Local and state officials have expressed their support for the project. Last year, Spencer County officials approved an ordinance supporting new generation at the Rockport Plant site, including the use of SMRs. Additionally, in November 2024, the Indiana Office of Energy Development issued a siting report performed by Purdue University which identifies Rockport as a suitable site.
공지 • Jan 08American Electric Power Company, Inc. Announces Executive ChangesAmerican Electric Power named Trevor I. Mihalik executive vice president and chief financial officer effective January 20. He will succeed Chuck Zebula, who will serve as senior advisor to the chief executive officer before retiring in March. Mihalik's previous experience includes roles as group president, CFO, controller and chief accounting officer at Sempra. He will report to Bill Fehrman, AEP president and chief executive officer. Mihalik will be responsible for AEP's accounting and tax, treasury and risk, corporate planning and budgeting, investor relations, procurement, supply chain, strategy, and corporate regulatory functions. Mihalik has worked in the energy industry for more than 34 years and has extensive experience in finance, enterprise risk and business operations. He most recently served as the group president of Sempra, where he was responsible for all aspects of the company's San Diego Gas and Electric and Southern California Gas Company subsidiaries. He held several leadership roles in Sempra's finance organization during his more than 12 years with the company, including executive vice president and chief financial officer and senior vice president, controller and chief accounting officer. Prior to joining Sempra, Mihalik led the finance teams of Iberdrola Renewables Holdings, Inc., Chevron Natural Gas and Bridgeline Holdings, L.P., a joint venture owned by Chevron and Targa Resources. He began his career with PricewaterhouseCoopers in their assurance business. He chairs the finance committee for the board of directors of the WD-40 Company. Mihalik received his bachelor's degree in accounting from Creighton University and his master's degree in business administration from Rice University. He is a certified public accountant in the state of Texas. Also, on January 7, 2025, the Company announced that on January 2, 2025, Charles E. Zebula notified the Company that he will resign as Executive Vice President and Chief Financial Officer effective January 19, 2025 and (ii) the transition of Charles E. Zebula to the role of Senior Advisor to the Chief Executive Officer effective as of January 20, 2025 until his expected retirement from the Company in March 2025.
공지 • Jan 07American Electric Power Company, Inc. Announces Chief Financial Officer ChangesAmerican Electric Power named Trevor I. Mihalik as chief financial officer effective January 20. He will succeed Chuck Zebula, who will serve as senior advisor to the chief executive officer before retiring in March. Mihalik's previous experience includes roles as group president, CFO, controller and chief accounting officer at Sempra. He will report to Bill Fehrman, AEP president and chief executive officer. Mihalik will be responsible for AEP's accounting and tax, treasury and risk, corporate planning and budgeting, investor relations, procurement, supply chain, strategy, and corporate regulatory functions. Mihalik has worked in the energy industry for more than 34 years and has extensive experience in finance, enterprise risk and business operations. He most recently served as the group president of Sempra, where he was responsible for all aspects of the company's San Diego Gas and Electric and Southern California Gas Company subsidiaries. He held several leadership roles in Sempra's finance organization during his more than 12 years with the company, including executive vice president and chief financial officer and senior vice president, controller and chief accounting officer. Prior to joining Sempra, Mihalik led the finance teams of Iberdrola Renewables Holdings, Inc., Chevron Natural Gas and Bridgeline Holdings, L.P., a joint venture owned by Chevron and Targa Resources. He began his career with PricewaterhouseCoopers in their assurance business. He chairs the finance committee for the board of directors of the WD-40 Company. Mihalik received his bachelor's degree in accounting from Creighton University and his master's degree in business administration from Rice University. He is a certified public accountant in the state of Texas.
Seeking Alpha • Dec 22American Electric Power: Light Up Your Income Portfolio With This Mission Critical UtilitySummary Market volatility can offer buying opportunities, but emotional reactions can lead to costly mistakes; focus on fundamentals to maintain perspective. AEP's five-year capital spending plan and robust growth outlook, driven by data centers, make it a compelling investment. AEP's financial health, undervaluation, and strong dividend growth potential justify a buy rating, with expected 30% cumulative returns through 2026. Risks include cyber breaches, geographic concentration, and natural disasters, but AEP's strategic investments in infrastructure support long-term growth. Read the full article on Seeking Alpha
Reported Earnings • Nov 07Third quarter 2024 earnings: EPS misses analyst expectationsThird quarter 2024 results: EPS: US$1.80. Revenue: US$5.42b (up 1.5% from 3Q 2023). Net income: US$959.6m (flat on 3Q 2023). Profit margin: 18% (in line with 3Q 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 1.9%. Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Electric Utilities industry in the US.
공지 • Nov 06American Electric Power Company, Inc. Provides Earnings Guidance for the Year 2024American Electric Power Company, Inc. provided earnings guidance for the year 2024 . For the year, company Estimated EPS on a GAAP basis in range of $5.55 to $5.65.
공지 • Oct 31American Electric Power Company, Inc. Announces Management ChangesAmerican Electric Power Company, Inc. announced leadership and organizational changes that will empower local operations, drive growth and create value for customers and stakeholders. The changes are effective October 31, 2024. As part of these leadership and organizational changes, AEP announced: The company is launching a search for a president to lead the AEP Transmission business, which is a source of growth as AEP makes necessary investments to enhance reliability and meet customers' needs. The search will consider both internal and external candidates. It is eliminating the executive vice president of Regulatory and chief administrative officer role. As a result, Peggy Simmons is leaving the company. Chris Beam, executive vice president of Energy Services, plans to retire in February 2025 and will serve as executive vice president and senior advisor until that time. Shane Lies, executive vice president and chief nuclear officer, will move to a new role as executive vice president of Projects and Services. He will oversee generation shared services, environmental services, project solutions, distribution planning and performance, and strategic supplier management. Kelly Ferneau, site vice president at AEP's Donald C. Cook Nuclear Plant, succeeds Lies and has been promoted to executive vice president and chief nuclear officer, reporting to Fehrman. Scott Dailey, AEP's managing director of renewable generation and former plant manager at Cook Nuclear Plant, will succeed Ferneau as site vice president. AEP's other power plant managers will now report to the operating company presidents. In addition, the economic development function will be transitioning to the operating companies. Corporate regulatory services and procurement will be aligned under the chief financial officer.
Declared Dividend • Oct 25Second quarter dividend of US$0.93 announcedShareholders will receive a dividend of US$0.93. Ex-date: 8th November 2024 Payment date: 10th December 2024 Dividend yield will be 3.6%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by earnings (69% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 5.8% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 24% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
공지 • Oct 25+ 1 more updateAmerican Electric Power Company, Inc. Appoints Matthew Fransen as Senior Vice President, Effective December 1, 2024American Electric Power appointed Matthew Fransen as its new senior vice president, finance and treasurer, effective December 1. Fransen is to succeed Julie Sherwood, who is retiring after 20 years with the company. He will report to Chuck Zebula, executive vice president and chief financial officer. In the new role, Fransen will be responsible for all elements of the finance and treasury function, which includes working with banking institutions, investors and rating agencies to support the company's capital market requirements; cash flow management and forecasting; development of capitalisation strategy and monitoring of key credit metrics; and management of AEP's trusts and investments. He will also head management of various corporate risks, which include markets, credit and insurance. Presently, Fransen is vice president, New Generation Resource Development. He has served in various roles in renewable energy development, including vice president, Renewable Development and Investment of AEP Renewables. He has also worked as a managing director in AEP's strategic initiatives group and as a manager in the company's treasury organisation. He has served in various roles with Bank One Corporation.
Seeking Alpha • Oct 14American Electric Power: Efficiency Gains To Boost Earnings Growth (Buy)Summary American Electric Power is poised to grow earnings and dividends by 50% over the next five years, driven by surging data centre demand and efficiency gains. AEP is currently under-earning on regulated assets but is expected to regain efficiency as power sales volumes surge. The company’s regulated nature ensures stable, predictable profits, while efficiency improvements and asset value gains could lead to significant share price appreciation. AEP's diversified operations mitigate regulatory risks, making it a low-risk, high-reward investment likely to outperform other regulated utility peers. Read the full article on Seeking Alpha
공지 • Oct 08American Electric Power Names Joseph F. Moore IV as Senior Vice President of Business Transformation to Drive Performance and EfficiencyAmerican Electric Power has named utility industry veteran Joseph F. Moore IV senior vice president, Business Transformation, effective October 8, 2024. Moore will report to AEP President and Chief Executive Officer Bill Fehrman. Moore will lead process improvements across AEP's key business units and seven operating companies. Moore has more than 33 years of experience in the energy industry. He brings deep industry knowledge in customer service, electric and gas delivery, electric generation, project management, enterprise risk, supply chain, information technology and business analytics. Most recently, he was senior vice president, Business Transformation, across Berkshire Hathaway Energy. Prior to that, he held several leadership roles at MidAmerican Energy Company including senior vice president, Strategic Repositioning, vice president, Electric Delivery, and general manager, West Electric and Gas Operations. Moore also served in operational executive roles with both PacifiCorp and Nebraska Public Power District. Moore received his bachelor's degree in electrical and electronic engineering from North Dakota State University and his master's degree in business administration from Regis University.
Seeking Alpha • Oct 07Load Growth To Drive Earnings At American Electric PowerSummary AEP is poised to outperform the S&P with a 6%-7% annual earnings CAGR, driven by high load growth and strong ROEs, especially in Texas. AEP's substantial $43B capex by 2028 and customer commitments for 15GW of incremental load ensure visibility into long-term earnings growth. AEP offers a 3.5% dividend yield, lower volatility, and potential earnings multiple normalization, setting it up for superior returns compared to the S&P. AEP's valuation is opportunistic, with a forward multiple of 17X, expected to rise to 19X, making it attractive within the utility sector. Read the full article on Seeking Alpha
Seeking Alpha • Aug 31American Electric Power: A Reliable Dividend Play With Limited UpsideSummary The company's changing CEO and the electrification of society, mainly due to the growth of data centers, are tailwinds. However, as a regulated utility, it will be hard to take advantage of the demand growth due to high capital expenditures. I estimate the company is reasonably priced at $100 per share using a discounted dividend model. Read the full article on Seeking Alpha
Seeking Alpha • Aug 14American Electric Power: Buy This Underappreciated Dividend Growth Stock NowSummary The rise of artificial intelligence is a major boon to regulated electric utilities. American Electric Power's operating revenue and operating EPS climbed higher in Q2. The electric utility's interest coverage ratio is healthy and the debt-to-capital ratio is holding steady. Shares of AEP are priced 6% below my fair value estimate. The electric utility could deliver 26% cumulative total returns through 2026. Read the full article on Seeking Alpha
Reported Earnings • Jul 31Second quarter 2024 earnings: EPS and revenues miss analyst expectationsSecond quarter 2024 results: EPS: US$0.64 (down from US$1.01 in 2Q 2023). Revenue: US$4.58b (up 4.7% from 2Q 2023). Net income: US$340.3m (down 35% from 2Q 2023). Profit margin: 7.4% (down from 12% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 2.4%. Earnings per share (EPS) also missed analyst estimates by 49%. Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Electric Utilities industry in the US. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has increased by 3% per year.
공지 • Jul 30American Electric Power Company, Inc. Reaffirms Earnings Guidance for the Year 2024American Electric Power Company, Inc. reaffirmed earnings guidance for the year 2024. The company Estimated EPS on a GAAP basis to be $5.56 to $5.76.
Declared Dividend • Jul 28First quarter dividend of US$0.88 announcedShareholders will receive a dividend of US$0.88. Ex-date: 9th August 2024 Payment date: 10th September 2024 Dividend yield will be 3.6%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by earnings (63% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 5.8% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 18% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
공지 • Jul 25American Electric Power Company, Inc. Declares Quarterly Dividend on Common Stock, Payable on September 10, 2024The Board of Directors of American Electric Power Co. declared a regular quarterly cash dividend of 88 cents a share on the company's common stock. The dividend is payable Sept. 10, 2024, to shareholders of record as of Aug. 9, 2024, and is the company's 457th consecutive quarterly common stock cash dividend. AEP has paid a cash dividend on its common stock every quarter since July 1910.
공지 • Jun 27American Electric Power Company, Inc. Announces Chief Executive Officer ChangesAmerican Electric Power's Board of Directors has elected William J. "Bill" Fehrman as chief executive officer, effective Aug. 1, 2024. Fehrman brings decades of utility operational leadership experience and in-depth knowledge of the energy industry. Most recently, he served as president and CEO of Centuri Holdings, where he helped to successfully launch Centuri as a public company, while leading their efforts to partner with regulated utilities to build, modernize and maintain energy infrastructure. Prior to that, he was president and CEO of Berkshire Hathaway Energy, where he drove significant financial growth and implemented key customer service initiatives. Fehrman also led MidAmerican Energy Company, PacifiCorp Energy and Nebraska Public Power District as president and CEO. Fehrman is AEP's 13th president and ninth CEO in the company's 118-year history. He will succeed Ben Fowke, who has been serving as interim CEO since February 2024. Fowke, who was elected to the Board in 2022 and will continue as a board member, will serve as a senior advisor for several months to ensure a smooth transition. Fehrman, 63, has been president and CEO of Centuri Holdings since January and previously served as president, CEO and a director of Berkshire Hathaway Energy (BHE), a subsidiary of Berkshire Hathaway, since 2018. From 2007 to 2018, Fehrman was president and CEO of MidAmerican Energy Company (MEC), which was acquired by BHE in 1999. Previously, he served in a variety of roles including senior vice president of BHE, president and CEO of PacifiCorp Energy and president and CEO of Nebraska Public Power District. Fehrman currently serves on the Boards of Centuri Holdings, Inc. and Vestas Wind Systems A/S. He earned a Bachelor of Science degree in Civil Engineering from the University of Nebraska and an MBA from Regis University.
