Will American Electric Power (AEP) stock drop/fall?
Apr 22, 2022 · American Electric Power saw a decrease in short interest in the month of March. As of March 31st, there was short interest totaling 6,760,000 shares, a decrease of 23.8% from the March 15th total of 8,870,000 shares. Based on an average trading volume of 3,330,000 shares, the days-to-cover ratio is currently 2.0 days.
What are analysts'price targets for American Electric Power (AEP) stock?
Apr 19, 2022 · There is natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, American Electric Power Company Inc finds support just below today's level at $95.25.
How often do you update the AEP stock prediction?
Shares of American Electric Power ( AEP -1.15% ) fell as much as 10% in early morning trading on Monday, though the stock did recover some of those losses and was only down about 7% by …
What is the AEP stock price prediction for 2026-12-09?
American Electric Power Company Inc. () Stock Market info Recommendations: Buy or sell American Electric Power stock? Wall Street Stock Market & Finance report, prediction for the future: You'll find the American Electric Power share forecasts, stock quote and buy / sell signals below.According to present data American Electric Power's AEP shares and potentially its …
Is AEP stock a good buy?
American Electric Power has received a consensus rating of Buy. The company's average rating score is 2.86, and is based on 6 buy ratings, 1 hold rating, and no sell ratings.
What sector is AEP in?
Public UtilitiesKey DataLabelValueSectorPublic UtilitiesIndustryElectric Utilities: Central1 Year Target$108.50Today's High/Low$102.15/$100.1214 more rows
Is AEP a public company?
American Electric Power (AEP), (railcar reporting mark: AEPX) is a major investor-owned electric utility in the United States, delivering electricity to more than five million customers in 11 states....American Electric Power.AEP Building, its headquarters in Columbus, Ohio.RevenueUS$8.879 Billion (Fiscal Year Ended 31 December 2020)16 more rows
What is AEP phone number?
(800) 672-2231American Electric Power / Customer service
Who bought AEP?
LibertyAlgonquin Power & Utilities' subsidiary Liberty has agreed to acquire American Electric Power's (AEP) Kentucky operations for an enterprise value of $2.846bn.Oct 27, 2021
Is AEP a Fortune 500 company?
RANK204. One of the largest electric power providers in the U.S., the utility owns more than 40,000 miles of transmission lines. The company provides electricity to 5.4 million customers in 11 states.
What companies does AEP own?
Our Regulated CompaniesAEP Ohio. 1.5 million customers.AEP Texas. 1 million customers.Appalachian Power. 1 million customers.Indiana Michigan Power. 600,000 customers.Kentucky Power. 170,000 customers.Public Service Company of Oklahoma. 560,000 customers.Southwestern Electric Power Company. 540,000 customers.
Is AEP disconnecting service in VA?
We temporarily stopped all service disconnections for non-payment in March 2020, but disconnections for non-payment have resumed for all customers in West Virginia and Tennessee, and for non-residential customers in Virginia. Disconnects will resume for residential customers in Virginia on January 11, 2022.
Can AEP disconnect in the winter in Ohio?
Reconnect or avoid disconnection Ohio's electric and natural gas customers have the opportunity to use the Winter Reconnect Order (WRO) during the winter heating season from October 18, through April 15, to reconnect or to avoid disconnection of their utilities.
Does AEP have chat?
Chat. We welcome the opportunity to chat with you Monday through Friday, 8:00 am – 7:00 pm.
Is American Electric Power a buy right now?
6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for American Electric Power in the last year. There are currently 6 buy rating...
How has American Electric Power's stock been impacted by COVID-19?
American Electric Power's stock was trading at $89.72 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organ...
Are investors shorting American Electric Power?
American Electric Power saw a increase in short interest during the month of February. As of February 28th, there was short interest totaling 8,200...
When is American Electric Power's next earnings date?
American Electric Power is scheduled to release its next quarterly earnings announcement on Thursday, April 28th 2022. View our earnings forecast...
How were American Electric Power's earnings last quarter?
American Electric Power Company, Inc. (NASDAQ:AEP) issued its earnings results on Thursday, February, 24th. The company reported $0.98 EPS for the...
How often does American Electric Power pay dividends? What is the dividend yield for American Electric Power?
American Electric Power declared a quarterly dividend on Tuesday, January 18th. Investors of record on Thursday, February 10th will be paid a divid...
Is American Electric Power a good dividend stock?
American Electric Power pays an annual dividend of $3.12 per share and currently has a dividend yield of 3.25%. American Electric Power has been in...
What guidance has American Electric Power issued on next quarter's earnings?
American Electric Power updated its FY 2022 earnings guidance on Thursday, March, 10th. The company provided earnings per share (EPS) guidance of $...
What price target have analysts set for AEP?
6 brokerages have issued twelve-month price objectives for American Electric Power's stock. Their forecasts range from $86.00 to $106.00. On averag...
Signals & Forecast
There are few to no technical positive signals at the moment. The American Electric Power Company Inc stock holds sell signals from both short and long-term moving averages giving a more negative forecast for the stock. On corrections up, there will be some resistance from the lines at $90.09 and $89.40.
Support, Risk & Stop-loss
American Electric Power Company Inc finds support from accumulated volume at $87.68 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
Is American Electric Power Company Inc stock A Buy?
The American Electric Power Company Inc stock holds several negative signals and despite the positive trend, we believe American Electric Power Company Inc will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.
The utility is getting caught up in Ohio's bribery scandal
Matthew is a senior energy and materials specialist with The Motley Fool. He graduated from Liberty University with a degree in Biblical Studies and a Masters of Business Administration. You can follow him on Twitter for the latest news and analysis of the energy and materials industries: Follow @matthewdilallo
What happened
Shares of American Electric Power ( NASDAQ:AEP) fell as much as 10% in early morning trading on Monday, though the stock did recover some of those losses and was only down about 7% by 11:45 a.m. EDT.
So what
Last week, FBI agents arrested Ohio's House Speaker Larry Householder and four others as part of an alleged scheme to have taxpayers in the state bail out two troubled nuclear power plants formerly owned by FirstEnergy ( NYSE:FE). That news rocked shares of that utility, which tumbled last week.
Now what
AEP was one of the beneficiaries of HB6's passage, which included a more than six-year extension of a monthly surcharge. According to the Columbus Dispatch, the fees, which add up to $50 million a year, help subsidize two old coal-fired power plants it owns in a partnership with other utilities.
AEP Target Price
AEP price target in 14 days: 92.286 USD* upside and 89.767 USD* downside. (Highest and lowest possible predicted price in a 14 day period)
American Electric Power Company Inc. ( AEP ) Stock Market info
Recommendations: Buy or sell American Electric Power stock? Wall Street Stock Market & Finance report, prediction for the future: You'll find the American Electric Power share forecasts, stock quote and buy / sell signals below.
American Electric Power Company Inc. ( AEP ) Stock Price Prediction, Stock Forecast for next months and years
Short-term and long-term AEP (American Electric Power Company Inc.) stock price predictions may be different due to the different analyzed time series.
Total Revenues
American Electric’s second-quarter revenues of $3.5 billion missed the Zacks Consensus Estimate of $3.8 billion by 7.9%. The reported figure also declined 2.8% from the year-ago quarter’s $3.6 billion.
Quarterly Highlights
Total adjusted expenses in the quarter were $1,778 million compared with $1,862 million a year ago.#N#Adjusted operating income was $738.7 million, up 26.1% from $585.6 million in the year-ago quarter.
Segmental Performance
Vertically Integrated Utility Operations: Operating earnings in the quarter increased to $270.4 million from $186.9 million in the year-ago quarter.#N#Transmission & Distribution Utilities: Operating earnings were $144.9 million, up from $131.3 million in the year-ago quarter.#N#AEP Transmission Holdco: This segment generated operating earnings of $93.9 million, down from $154.6 million in the second quarter of 2019.#N#Generation and Marketing: Operating earnings were $55.9 million, up from $27.4 million in the year-ago quarter.#N#Corporate & Other: Operating losses were $31.6 million compared with operating loss of $6.6 million in the year-ago quarter..
Financial Update
As of Jun 30, 2020, American Electric had cash and cash equivalents of $348.8 million compared with $246.8 million as of Dec 31, 2019.#N#Long-term debt was $26.64 billion as of Jun 30, 2020, compared with $25.13 billion as of Dec 31, 2019.#N#Cash flow from operations was $1,746.2 million at the end of second-quarter 2020 compared with $1,800.8 million at the end of second-quarter 2019..
2020 Guidance
American Electric reaffirmed 2020 operating earnings guidance in the range of $4.25-$4.45 per share. The Zacks Consensus Estimate for 2020 earnings, pegged at $4.29, lies below the mid-point of the guidance.
The Last 12 Months Of Insider Transactions At American Electric Power Company
The Executive Vice President of Strategy, Brian Tierney, made the biggest insider sale in the last 12 months. That single transaction was for US$1.9m worth of shares at a price of US$102 each. While insider selling is a negative, to us, it is more negative if the shares are sold at a lower price.
Does American Electric Power Company Boast High Insider Ownership?
Many investors like to check how much of a company is owned by insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. American Electric Power Company insiders own about US$24m worth of shares. That equates to 0.06% of the company.
So What Do The American Electric Power Company Insider Transactions Indicate?
An insider hasn't bought American Electric Power Company stock in the last three months, but there was some selling. And there weren't any purchases to give us comfort, over the last year. Insiders own shares, but we're still pretty cautious, given the history of sales.
Signals & Forecast
There are few to no technical positive signals at the moment. The Icahn Enterprises L.P. stock holds sell signals from both short and long-term moving averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average.
Support, Risk & Stop-loss
There is no support from accumulated volume below today's level and given the right condition the stock may perform very badly in the next couple of days.
Is Icahn Enterprises L.P. stock A Buy?
Icahn Enterprises L.P. holds several negative signals and is within a wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.