AXP - American Express Company

NYSE - NYSE Delayed Price. Currency in USD
113.67
+1.91 (+1.71%)
At close: 4:01PM EDT
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Previous Close111.76
Open112.25
Bid113.67 x 1200
Ask113.85 x 800
Day's Range111.32 - 114.14
52 Week Range89.05 - 114.55
Volume6,183,864
Avg. Volume3,368,767
Market Cap95.142B
Beta (3Y Monthly)1.06
PE Ratio (TTM)14.47
EPS (TTM)7.85
Earnings DateApr 16, 2019 - Apr 22, 2019
Forward Dividend & Yield1.56 (1.43%)
Ex-Dividend Date2019-04-04
1y Target Est119.05
Trade prices are not sourced from all markets
  • Visa vs. MasterCard: What's the Difference?
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    Visa vs. MasterCard: What's the Difference?

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  • TheStreet.com2 days ago

    Stocks End Up on Strong Retail Sales Report and Mostly Positive Earnings

    The Dow Jones Industrial Average got a lift from a strong U.S. retail sales report and mostly better-than-expected earnings. nearly 2% after the credit card company posted stronger-than-expected first-quarter earnings, but rising expenses and rewards program costs ate into its bottom line. Stocks ended in positive territory Thursday buoyed by a strong U.S. retail sales report and mostly better-than-expected earnings.

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  • American Express Co (AXP) Q1 2019 Earnings Call Transcript
    Motley Fool2 days ago

    American Express Co (AXP) Q1 2019 Earnings Call Transcript

    AXP earnings call for the period ending March 31, 2019.

  • Thomson Reuters StreetEvents2 days ago

    Edited Transcript of AXP earnings conference call or presentation 18-Apr-19 12:30pm GMT

    Q1 2019 American Express Co Earnings Call

  • American Express Earnings Beat But Revenue Falls Short; Dow Stock Eyes Buy Point
    Investor's Business Daily2 days ago

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  • Why You Should Buy and Hold American Express Stock
    InvestorPlace2 days ago

    Why You Should Buy and Hold American Express Stock

    Although this year the stock market sentiment is in a much better state, the banks still have their reputation that they cannot hold their rallies. But therein lies part of the opportunity in American Express (NYSE:AXP) stock today.Source: Marcus Quigmire Via FlickrThis round of bank earnings has so far gone much better than the last one. There is some chatter about a sustainable rally in their stocks. On Tuesday we even saw a flip from red to green in stocks like Bank of America (NYSE:BAC) and JPMorgan (NYSE:JPM).This hasn't happened in a while, so perhaps the trend that banks can't hold their greens is dying. If so then this will provide a lift to AXP stock as well.InvestorPlace - Stock Market News, Stock Advice & Trading TipsMoreover, transaction companies like AXP, Visa (NYSE:V), MasterCard (NYSE:MA) and Square (NYSE:SQ) rally in sympathy with money center banks. So if the Financial Select Sector SPDR Fund (NYSEARCA:XLF) rallies then so will the transactors like AXP.In addition, AXP is an excellent financial stock that has proven over the years that they can manage through adversity. Case in point was the debacle over losing the Costco (NASDAQ:COST) account. The stock suffered for a while but has since set new all-time highs.I was lucky to ride the last mega breakout in AXP from the December lows. American Express rallied over 25% so today I am trying to catch the next opportunity. Usually, I consider these technical opportunities tactical trades but this one doubles as a long term conviction investment. This is a stock I want to own for the long term. * 10 Best Stocks to Buy and Hold Forever The reaction this morning is slightly negative from the earnings. Management reported a boring quarter where they barely beat the bottom line and narrowly missed sales. The forward guidance was in line so they gave traders nothing to cheer. So AXP will move in line with the overall equity market for now.So if this rally in stocks continues, then AXP stock has the opportunity to break out from $114.40 to target another $10 run from there. There will be resistance there but if the bulls can close above it then the bears will be tired so the stock will overshoot higher.The macroeconomic condition still favors the bullish thesis. We do have threats from lingering headlines of tariff wars. But as we approach another round of elections means that those deals will happen so we go back to trading the profit and loss statements rather than headlines.Most importantly, the threat from the Federal Reserve inverting the curve has disappeared. They have affirmed that they won't cause the short term rates rise above the long term rates so this relives fears for banks. The steeper the curve the better are their profits.For American Express stock, the short term price action from the earnings headline is meaningless for the long term. All global transactions will be electronic so the demand on their services will continue to increase. There are only but a few companies that serve this market and they are a global household name. So they are well set to continue to prosper for years.Then there is the China market opportunity. The U.S. and China are nearing a deal where companies like AXP could have a new opportunity become available in the largest market on the planet.The short term technical threat for AXP stock is at $108 per share. If the bears push price below it they could target $102 per share. This is not a forecast but it is a scenario that could unfold in the next few weeks. But even then, this won't change the overall opportunity for the long term.Nicolas Chahine is the managing director of SellSpreads.com. As of this writing, he did not hold a position in any of the aforementioned securities. You can follow him as @racernic on Twitter and Stocktwits. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 5 Dividend Stocks Perfect for Retirees * 7 Reasons the Stock Market Rally Isn't Over Yet * 10 S&P 500 Stocks to Weather the Earnings Storm Compare Brokers The post Why You Should Buy and Hold American Express Stock appeared first on InvestorPlace.

  • Berkshire-Backed StoneCo Tumbles after ITUB Ups Ante
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  • American Express Subsidiaries: List of Mergers and Acquisitions
    Investopedia3 days ago

    American Express Subsidiaries: List of Mergers and Acquisitions

    Read about the most important subsidiaries of American Express Company, including two banks, an insurance company and a fraud protection company.

  • Dow Jones Today Is Led By Travelers, American Express; Software Stocks Weak Again
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  • AmEx profit beats as rewards program boosts customer spending
    Reuters3 days ago

    AmEx profit beats as rewards program boosts customer spending

    AmEx has been bolstering its rewards programs and relying on partnerships to get customers to spend more. Last year, it renewed partnership with Delta Air Lines Inc that brought in over a million customers over the past two years, the company said. The rewards program helped push quarterly card customer spending up 4 percent from a year ago.

  • American Express (AXP) Q1 Earnings Beat, Revenues Miss
    Zacks3 days ago

    American Express (AXP) Q1 Earnings Beat, Revenues Miss

    American Express' (AXP) Q1 results benefit from billings and loan growth, partly offset by increase in expenses.

  • Dow Jones Keeps To Upside As 3 Blue Chips Post Solid Gains
    Investor's Business Daily3 days ago

    Dow Jones Keeps To Upside As 3 Blue Chips Post Solid Gains

    Dow Jones stock Travelers beat the Street's consensus estimates on revenue and earnings. American Express topped estimates on earnings but missed on sales.

  • TheStreet.com3 days ago

    American Express Beats Q1 Estimate but Revenue Miss Keeps Shares in Check

    American Express posted stronger-than-expected first quarter earnings Thursday, and held onto its full-year outlook, but rising expenses and rewards program costs ate into its bottom line.

  • Strong Earnings and Retail Sales Data
    Zacks3 days ago

    Strong Earnings and Retail Sales Data

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  • American Express Trading Higher After Solid Quarter
    Investopedia3 days ago

    American Express Trading Higher After Solid Quarter

    American Express stock is trading at a four-week high after earnings but could relinquish gains in the coming sessions.

  • Q1 Earnings Continue to Impress, Retail Sales Hit 18-Month High,
    Zacks3 days ago

    Q1 Earnings Continue to Impress, Retail Sales Hit 18-Month High,

    Investors will welcome a massive jump in retail sales even as first-quarter results continue to roll in.

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  • Reuters3 days ago

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  • American Express (AXP) Beats Q1 Earnings Estimates
    Zacks3 days ago

    American Express (AXP) Beats Q1 Earnings Estimates

    American Express (AXP) delivered earnings and revenue surprises of 0.50% and -1.21%, respectively, for the quarter ended March 2019. Do the numbers hold clues to what lies ahead for the stock?

  • CNBC3 days ago

    Stocks making the biggest moves premarket: Blackstone, American Express, Honeywell & more

    These are the stocks posting the largest moves before the bell.

  • Associated Press3 days ago

    American Express: 1Q Earnings Snapshot

    The New York-based company said it had net income of $1.80 per share. Earnings, adjusted for non-recurring costs, came to $2.01 per share. The results surpassed Wall Street expectations. The average estimate ...

  • MarketWatch3 days ago

    American Express's stock falls after profit beats but revenue comes up shy

    Shares of American Express Co. dropped 1.1% in premarket trade Thursday, after the global payments and credit card company reported a first-quarter adjusted profit that topped expectations, but revenue that came up shy. Net income fell to $1.55 billion, or $1.80 a share, from $1.63 billion, or $1.86 a share, in the same period a year ago. Excluding non-recurring items, such as legal reserves related to merchant litigation, adjusted EPS rose to $2.01 from $1.86, above the FactSet consensus of $1.99. Total revenue grew 7% to $10.36 billion, below the FactSet consensus of $10.46 billion. Global consumer services revenue rose 9% to $5.6 billion, reflecting higher loan volumes and card member spending, and commercial services revenue increased 6% to $3.2 billion as a result of higher card member spending. Merchant and network services revenue was flat at $1.6 billion. The company affirmed its 2019 guidance provided last month of EPS of $7.85 to $8.35 and revenue growth of 8% to 10%. The stock has rallied 17.3% year to date through Wednesday, while the Dow Jones Industrial Average has gained 13.4%.