What is Scotiabank’s Forecast for AEP FY2026 Earnings?

American Electric Power Company, Inc. (NASDAQ:AEP) – Stock analysts at Scotiabank issued their FY2026 EPS estimates for shares of American Electric Power in a report issued on Wednesday, January 8th. Scotiabank analyst A. Weisel forecasts that the company will post earnings per share of $6.23 for the year. Scotiabank currently has a “Sector Perform” rating and a $102.00 target price on the stock. The consensus estimate for American Electric Power’s current full-year earnings is $5.62 per share.

Other analysts have also issued reports about the company. Morgan Stanley reduced their target price on American Electric Power from $109.00 to $104.00 and set an “overweight” rating on the stock in a report on Friday, November 22nd. Evercore ISI reduced their price objective on shares of American Electric Power from $97.00 to $96.00 and set an “in-line” rating on the stock in a research note on Thursday, November 7th. Wells Fargo & Company cut their price target on shares of American Electric Power from $104.00 to $102.00 and set an “equal weight” rating for the company in a report on Thursday, November 7th. BMO Capital Markets increased their price target on shares of American Electric Power from $104.00 to $108.00 and gave the stock an “outperform” rating in a research report on Monday, December 2nd. Finally, Jefferies Financial Group started coverage on shares of American Electric Power in a research report on Friday, September 20th. They set a “hold” rating and a $107.00 price objective for the company. Two equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat, American Electric Power currently has a consensus rating of “Hold” and an average target price of $97.13.

American Electric Power Stock Up 2.0 %

AEP opened at $92.26 on Thursday. The company has a debt-to-equity ratio of 1.47, a quick ratio of 0.41 and a current ratio of 0.57. The stock has a fifty day moving average of $94.92 and a 200-day moving average of $96.55. American Electric Power has a fifty-two week low of $75.22 and a fifty-two week high of $105.18. The company has a market capitalization of $49.09 billion, a P/E ratio of 18.49, a P/E/G ratio of 2.70 and a beta of 0.56.

Institutional Investors Weigh In On American Electric Power

Several hedge funds have recently added to or reduced their stakes in the business. HHM Wealth Advisors LLC lifted its holdings in shares of American Electric Power by 57.2% during the second quarter. HHM Wealth Advisors LLC now owns 283 shares of the company’s stock worth $25,000 after purchasing an additional 103 shares during the period. Legacy Investment Solutions LLC bought a new position in American Electric Power during the 3rd quarter worth $25,000. Safe Harbor Fiduciary LLC acquired a new position in American Electric Power during the 3rd quarter worth about $33,000. Reston Wealth Management LLC bought a new stake in shares of American Electric Power in the 3rd quarter valued at about $48,000. Finally, Future Financial Wealth Managment LLC acquired a new stake in shares of American Electric Power in the third quarter valued at about $50,000. 75.24% of the stock is currently owned by institutional investors and hedge funds.

American Electric Power Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, December 10th. Stockholders of record on Friday, November 8th were paid a dividend of $0.93 per share. This represents a $3.72 dividend on an annualized basis and a dividend yield of 4.03%. This is a positive change from American Electric Power’s previous quarterly dividend of $0.88. The ex-dividend date of this dividend was Friday, November 8th. American Electric Power’s dividend payout ratio (DPR) is presently 74.55%.

About American Electric Power

American Electric Power Company, Inc, an electric public utility holding company, engages in the generation, transmission, and distribution of electricity for sale to retail and wholesale customers in the United States. It operates through Vertically Integrated Utilities, Transmission and Distribution Utilities, AEP Transmission Holdco, and Generation & Marketing segments.