|Bid||0.00 x 900|
|Ask||77.00 x 2900|
|Day's Range||71.62 - 73.40|
|52 Week Range||62.71 - 78.07|
|Beta (3Y Monthly)||-0.08|
|PE Ratio (TTM)||18.74|
|Forward Dividend & Yield||2.48 (3.46%)|
|1y Target Est||N/A|
As of October 17, Reuters compiled data from 19 analysts tracking American Electric Power Company (AEP) stock. Five analysts recommended a “strong buy,” nine recommended a “buy,” and five recommended a “hold.” None of the analysts recommended a “sell.”
American Electric Power Company’s (AEP) EV-to-EBITDA multiple is 11.1x. The company’s five-year average EV-to-EBITDA multiple is 9.6x. Currently, American Electric Power is trading at a premium of 15.6% to its historical average.
As of October 17, American Electric Power Company (AEP) has fallen 2.5% YTD (year-to-date). However, the Utilities Select Sector SPDR ETF (XLU) has risen 1.8% YTD.
The Zacks Analyst Blog Highlights: Amazon, Broadcom, Lockheed Martin, Procter & Gamble and American Electric
According to Wall Street analysts’ consensus, Public Service Enterprise Group (PEG) stock has a median target price of $56.80. Its current market price is $53.70, which indicates a potential upside of 6% over the next 12 months. UBS raised PEG’s price target from $56 to $60 on October 10. It also upgraded PEG from a “neutral” to a “buy.”
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does American Electric Power (AEP) have what it takes? Let's find out.
was favored by Jim Cramer last night in his spirited "Lightning Round" on "Mad Money". In this daily bar chart of AEP, below, we can see that prices have been trading in a small broadening pattern since late June. While prices have been trading sideways around $71, the daily On-Balance-Volume (OBV) line has been strong from early June, and tells us that buyers of AEP have been more aggressive the past four months.
In case you missed it, let me sum up markets for you so far in October. Yields are rising. Stocks are falling. Tech stocks are getting killed. Defensive stocks are moving back in favor. The Federal Reserve is still thinking about hiking interest rates, but inflation has cooled. There hasn’t been any material progress made on the trade war front. And, ultimately, investors aren’t really sure what is next in this wild market narrative.
Jim Cramer shares his take on callers' favorite stock at lightning speed, including a telecommunications play that's starting to look suspicious.
As of October 3, Reuters has compiled data from 14 analysts tracking Dominion Energy (D) stock. Two have rated Dominion as a “strong buy,” and one has rated it as a “buy.” The rest have rated the stock as a “hold.” No analysts have rated Dominion as a “sell.”
On October 3, the US ten-year Treasury constant maturity rate was 3.16%, its highest level since July 1, 2011. On August 23, the ten-year Treasury constant maturity rate was 2.8%, its lowest level since May 29.
Dominion Energy’s (D) EV-to-EBITDA (enterprise value-to-EBITDA) multiple is 14.05x, and its five-year average EV-to-EBITDA multiple is 14.11x. Currently, Dominion is trading at a small discount to its historical average.
AEP has plans for two new solar farms, one of which would be the largest in Ohio. The two solar farms, combined for 400 megawatts, would be built in Highland County, according to a proposal filed with the Public Utilities Commission of Ohio late Thursday. Highland Solar Farm, which would come in at 300 megawatts, and Willowbrook Solar Farm, at 100 megawatts, were chosen after a competitive request-for-proposal process.
American Electric Power (AEP) continues to work on lowering emission. The company is likely to supply more renewable power to customers in Ohio.
AEP Ohio announced that its customers will receive $607 million in bill credits following a settlement with the Public Utilities Commission of Ohio for tax savings created by the Tax Cuts and Jobs Act.
Moody's Investors Service ("Moody's") affirmed the ratings of American Electric Power Company, Inc.'s (AEP, Baa1 stable) subsidiary Southwestern Electric Power Company (SWEPCo) including its senior unsecured rating at Baa2. The rating outlook for SWEPCo is stable. Southwestern Electric Power Company's (SWEPCo) Baa2 rating reflects its position as a vertically integrated electric utility company operating in diversified and relatively credit supportive regulatory environments.
On a global basis, utilities now trade mostly in line with our fair value estimates at a 1.0 price/fair value ratio, the same as last quarter. In the U.S., utilities are slightly overvalued as a group, but most of the high-quality firms trade at 15%-20% premiums to fair value. Most utilities across our coverage continue investing heavily in infrastructure, ranging from renewable energy to local energy distribution.
As of September 20, Reuters has compiled data from 19 analysts tracking Duke Energy (DUK) stock. Two of them have recommended a “strong buy,” and five have rated it a “buy.” One analyst has recommended a “sell.” The rest of them have recommended a “hold.”
As of September 20, Duke Energy (DUK) was trading at a dividend yield of 4.6%. At that level, it’s one percentage point above utilities’ average yield. DUK has paid a dividend every quarter for the last 92 years.
This could indicate that investors who seek to profit from falling equity prices are not currently targeting AEP. Over the last month, growth of ETFs holding AEP is favorable, with net inflows of $16.46 billion. This is among the highest net inflows seen over the last one-year and the rate of additional inflows appears to be increasing.
Utility stocks were supposed to be yesterday’s favorite investment. The theory regarding utility stocks to buy was simple: Robust economic growth coupled with a full labor market was supposed to spark rising inflation. Utility stocks, which were long viewed as bond substitutes in an era of ultra-low interest rates, were supposed to fall.