AXP - American Express Company

NYSE - Nasdaq Real Time Price. Currency in USD
122.00
+0.14 (+0.11%)
At close: 4:02PM EDT
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Previous Close121.86
Open122.01
Bid121.75 x 1100
Ask122.29 x 900
Day's Range120.97 - 122.61
52 Week Range89.05 - 124.74
Volume2,484,161
Avg. Volume3,224,563
Market Cap101.88B
Beta (3Y Monthly)1.05
PE Ratio (TTM)15.54
EPS (TTM)7.85
Earnings DateJul 16, 2019 - Jul 22, 2019
Forward Dividend & Yield1.56 (1.36%)
Ex-Dividend Date2019-07-03
1y Target Est121.73
Trade prices are not sourced from all markets
  • The Berkshire Hathaway Portfolio: All 48 Buffett Stocks
    Kiplinger2 days ago

    The Berkshire Hathaway Portfolio: All 48 Buffett Stocks

    When folks think of the Berkshire Hathaway (BRK.B) portfolio and its collection of holdings, most of which were selected by Chairman and CEO Warren Buffett, the companies that most readily come to mind are probably American Express (AXP), Coca-Cola (KO) and, more recently, Apple (AAPL).But a deep dive into Berkshire Hathaway's equity holdings reveals a more complicated picture.Berkshire Hathaway held positions in 48 separate stocks as of March 31, according to regulatory filings with the Securities and Exchange Commission. But the portfolio of "Buffett stocks" isn't as diversified as the number might suggest. In some cases, BRK.B holds more than one share class in the same company. Some holdings are so small as to be immaterial leftovers from earlier bets the Oracle of Omaha has yet to completely exit.And perhaps most importantly, Berkshire Hathaway's equity portfolio is actually pretty concentrated. The top six holdings account for almost 70% of the portfolio's total value. The top 10 positions comprise nearly 80%. Banks and airlines, to cite a couple of sectors, carry quite a load in this portfolio. Then there's the fact that several Buffett stocks actually were picked by portfolio managers Todd Combs and Ted Weschler.Here, we examine each and every holding to give investors a better understanding of the entire Berkshire Hathaway portfolio. SEE ALSO: 50 Top Stocks That Billionaires Love

  • Moody's2 days ago

    Penarth Master Issuer plc -- Moody's: No negative rating impact on the Notes issued by Penarth Master Issuer plc following various amendments to programme documents

    Moody's Investors Service ("Moody's") announced today that the amendments to the transaction documents executed on or around 13 June 2019 by Penarth Master Issuer plc (the "Issuer") will not, in and of themselves and at this time, result in a reduction or withdrawal of the current ratings of the issuers' Notes. Penarth Master Issuer plc is a revolving cash securitisation of credit card receivables and utilizes a de-linked master trust structure. This publication does not announce a credit rating action.

  • Reuters2 days ago

    RPT-India set to levy higher tariffs on some U.S. goods next week - sources

    India is preparing to impose higher tariffs on some U.S. goods including almonds, walnuts and apples next week after a delay of about a year, two sources said, following Washington's withdrawal of key trade privileges for New Delhi. From June 5, President Donald Trump scrapped trade privileges under the Generalized System of Preferences (GSP) for India, the biggest beneficiary of a scheme that allowed duty-free exports of up to $5.6 billion from the country. India is now looking at adopting the higher tariffs, the sources with direct knowledge of the matter said, although the U.S. has warned that any retaliatory tariffs by India would not be "appropriate" under WTO rules.

  • The Zacks Analyst Blog Highlights: Microsoft, Facebook, Bank of America, American Express and Deere
    Zacks3 days ago

    The Zacks Analyst Blog Highlights: Microsoft, Facebook, Bank of America, American Express and Deere

    The Zacks Analyst Blog Highlights: Microsoft, Facebook, Bank of America, American Express and Deere

  • Barrons.com3 days ago

    It’s Time for Free Wi-Fi in the Air, Delta CEO Ed Bastian Says

    Delta Air Lines CEO Ed Bastian said most Delta flights will have free Wi-Fi in the next couple of years. He also addressed how the company is trying to control costs while improving customer service.

  • American Express Brings Together Top Industry Minds at the FOOD & WINE Classic in Aspen; Celebrates 30th Anniversary of the Restaurant Trade Program
    Business Wire3 days ago

    American Express Brings Together Top Industry Minds at the FOOD & WINE Classic in Aspen; Celebrates 30th Anniversary of the Restaurant Trade Program

    American Express is proud to present its 30th annual Restaurant Trade Program at the FOOD & WINE Classic in Aspen, CO from Thursday, June 13 to Saturday, June 15. Developed for the professionals who shape the world of dining, the American Express Restaurant Trade Program hosts chefs, restauranteurs, and leading industry professionals for a three-day program featuring networking events and dynamic panel ...

  • Top Research Reports for Microsoft, Facebook & Bank of America
    Zacks4 days ago

    Top Research Reports for Microsoft, Facebook & Bank of America

    Top Research Reports for Microsoft, Facebook & Bank of America

  • Read This Before Buying American Express Company (NYSE:AXP) Shares
    Simply Wall St.4 days ago

    Read This Before Buying American Express Company (NYSE:AXP) Shares

    We often see insiders buying up shares in companies that perform well over the long term. On the other hand, we'd be...

  • Amazon Ventures Further into Credit Card Industry with Synchrony Partnership (Revised)
    Zacks4 days ago

    Amazon Ventures Further into Credit Card Industry with Synchrony Partnership (Revised)

    Amazon opened Monday up over 4% after announcing its new "Amazon Store Card Credit Builder."

  • American Express and MAG USA Join Forces to Bring The Centurion Lounge® and the Escape Lounge to Phoenix Sky Harbor International Airport
    Business Wire4 days ago

    American Express and MAG USA Join Forces to Bring The Centurion Lounge® and the Escape Lounge to Phoenix Sky Harbor International Airport

    Today, American Express and MAG USA announced joint plans to bring two new lounge locations, The Centurion Lounge and the Escape Lounge, to Terminal 4 within the Phoenix Sky Harbor International Airport in the coming months.

  • Visa Launches Blockchain Powered Technology for B2B Payments
    Zacks4 days ago

    Visa Launches Blockchain Powered Technology for B2B Payments

    Visa (V) launches digital network to facilitate ease of payments across the globe for businesses.

  • Barrons.com4 days ago

    Amazon’s 1-Day Delivery Puts Rivals in a Box on Fraud

    Amazon’s push for one-day shipping is putting enormous pressure on other retailers to send packages out faster. It’s also forcing retailers to get better at fraud detection.

  • InvestorPlace5 days ago

    Visa Stock May Not Be the Best Credit-Card Name

    The dominance of the Visa (NYSE:V) payment network continues to drive volumes and market share to the company. In this increasingly important industry, Visa stock is benefiting from the fact that its payment network processes about 61.2% of U.S. transactions.In a world that's using less cash, the credit-card industry will prosper, enabling Visa stock to remain a winner over the long-term. However, the question about V stock is not if it will go up, but if it remains a better buy than its peers. * 7 Dark Horse Stocks Winning the Race in 2019 Visa Stock Will Rise With Its IndustryIt's steady as she goes for Visa stock. Bolstered by the company's dominant market share and the continuing march towards a cashless society, V stock is continuing its slow, sustained move higher. After flirting with single-digit prices during the 2008 financial crisis, it began to move steadily higher. Today, it has risen more than 15-fold since that time. The Visa stock price has now surged to around $170.InvestorPlace - Stock Market News, Stock Advice & Trading TipsAs both myself and others have pointed out, Visa stock remains pricey. The company's growth and favorable business conditions have taken the forward price-earnings (PE) ratio of V stock above 27.4. However, the average PE ratio of V stock over the last five years is 32.9. Estimated earnings growth of 16.5% this year and its average earnings increase of 20.84% per year over the previous five years has helped to support the high multiples of V stock.Moreover, even market selloffs have resulted in relatively mild pullbacks by V stock. Between late September and the week of Christmas, Visa stock price fell by a little bit less than 20%. However, its PE ratio remained well in the 20s during that time. Also, like most stocks, it quickly recovered. For this reason, I would not expect any significant declines in Visa stock price anytime soon. Given these factors, the long-term owners of V stock should continue to hold onto their shares. Moreover, even at these levels, those buying V stock face few risks. Visa Stock Versus Its PeersThe only reason to not buy Visa stock may involve how well it compares to its key peers. Given the potential growth of cashless payments throughout the world, Mastercard (NYSE:MA), American Express (NYSE:AXP), and Discover Financial (NYSE:DFS) should also generate double-digit profit growth, despite their smaller market shares.However, after looking at card stocks' PE ratios and growth rates, it becomes clear that the market has been willing to support higher price-to-earnings-to growth (PEG) ratios for companies with higher market shares. Visa stock supports a PEG ratio of 1.9 versus only 1.75 for Mastercard. However, for this year, analysts, on average, predict Mastercard will report earnings growth of 17.4% versus only 16.5% for Visa. American Express, long a Warren Buffett favorite, trades at a PEG ratio of 1.57. AXP's expected profit growth comes in at only 10.8%. However, it has a much lower forward PE of around 13.5.Still, it is Discover Financial whose valuation stands out. Its PEG ratio comes in at only 0.7. It also supports a forward PE ratio of only about 8.2. Despite this single-digit multiple, analysts expect its profit to rise 12.4% this year.In some respects, DFS stock is cheap for a reason. It holds only a 2.2% share of card volumes, a decline from 2.3% last year. Visa remains the dominant player in this area, holding steady at 61.2%. However, in the current environment, all payment card companies will prosper.Moreover, since 2005, DFS has partnered with UnionPay, the dominant payment network in China. From a worldwide standpoint, UnionPay comes in second to only Visa on card volumes. The U.S.-China trade war may add a degree of uncertainty. However, with such an ally, DFS should continue to grow. The Bottom Line on Visa StockVisa stock will rise over the long-term, but some of its peers may fare better on a relative basis. V stock will likely remain expensive, but no major challenges have emerged to its dominance in the U.S. or to its double-digit earnings increases.When it comes to PEG ratios, Visa stock holds up well, slightly besting Mastercard and coming in only slightly higher than American Express's ratio. Still, value investors will find Discover Financial stock to be a relative bargain, as it could help a growing, China-based peer enter the U.S. market.As a result, investors who don't want to pay the high multiple carried by V stock have other choices. However,the owners of V stock will continue to benefit from Visa's U.S. dominance and the continuing move to a more cashless society.As of this writing, Will Healy did not hold a position in any of the aforementioned stocks. You can follow Will on Twitter at @HealyWriting. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 Dark Horse Stocks Winning the Race in 2019 * 6 Chinese Stocks to Sell That Are Suffering From a Digital Ad Slowdown * 4 Technology Stocks Blasting Higher Compare Brokers The post Visa Stock May Not Be the Best Credit-Card Name appeared first on InvestorPlace.

  • Markit5 days ago

    See what the IHS Markit Score report has to say about American Express Co.

    American Express Co NYSE:AXPView full report here! Summary * Perception of the company's creditworthiness is positive * ETFs holding this stock are seeing positive inflows * Bearish sentiment is low * Economic output for the sector is expanding but at a slower rate Bearish sentimentShort interest | PositiveShort interest is extremely low for AXP with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting AXP. Money flowETF/Index ownership | PositiveETF activity is positive. Over the last month, ETFs holding AXP are favorable, with net inflows of $6.37 billion. Additionally, the rate of inflows is increasing. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Financials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however, and is easing. Credit worthinessCredit default swap | PositiveThe current level displays a positive indicator. AXP credit default swap spreads are near the lowest level of the last one year and indicate improvement in the market's perception of the company's credit worthiness.Please send all inquiries related to the report to score@ihsmarkit.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.

  • Hedge Funds Have Never Been This Bullish On American Express Company (AXP)
    Insider Monkey5 days ago

    Hedge Funds Have Never Been This Bullish On American Express Company (AXP)

    After several tireless days we have finished crunching the numbers from nearly 750 13F filings issued by the elite hedge funds and other investment firms that we track at Insider Monkey, which disclosed those firms' equity portfolios as of March 31. The results of that effort will be put on display in this article, as […]

  • Dow Jones Today: Financial Stocks Chip In
    InvestorPlace6 days ago

    Dow Jones Today: Financial Stocks Chip In

    The major U.S. equity indexes extending their winning streaks Monday as stocks rallied on news that the U.S. and Mexico are averting a tariff crisis and intensifying speculation that following last Friday's slack May jobs report, the Federal Reserve could cut interest rates later this year.Source: Shutterstock To start the week, the S&P 500 climbed 0.47% while the Nasdaq Composite added 1.05%. The blue-chip Dow Jones Industrial Average extended its winning ways, jumping 0.3% on Monday.In late trading, more than two-thirds of the Dow's 30 components were trading higher. Industrial conglomerate United Technologies (NYSE:UTX), however, was not one of those names. The defense contractor tumbled over 3% on more than triple the average daily volume on news its is looking to acquire rival Raytheon (NYSE:RTN) in a deal valued at $121 billion.InvestorPlace - Stock Market News, Stock Advice & Trading TipsUnited Technologies recently announced plans to spin off its elevator and heating and air conditioning businesses, prompting some market observers to characterize the offer for Raytheon, in which United Technologies is offering 2.33 shares for each Raytheon, as unusual. However, Seaport Global raised its rating on United Technologies to "buy" from "neutral" today.Additionally, there is already speculation that the Donald Trump Administration, which has been mostly friendly toward the aerospace and defense industry, has antitrust concerns about the potential marriage of these two companies. * 7 Stocks to Buy As They Hit 52-Week Lows "The deal will be reviewed by either the Justice Department or the Federal Trade Commission to ensure that it complies with antitrust law," according to Reuters. Fun With FinancialsFinancial services is the third-largest sector weight in the Dow and the S&P 500, so it was to investors' benefit to see some of those names contributing to Monday's upside. In late trading, three of the Dow's top four percentage gainers were financial services names.JPMorgan Chase (NYSE:JPM), the largest U.S. bank, rose 1.06% after CEO Jamie Dimon, one of the most widely voices in the banking industry, compared his company to Netflix (NASDAQ:NFLX) in a recent Barron's interview.Dimon told the financial magazine that the bank has a lot of "subscription-like businesses" and that its earnings volatility, over time, is low. He added that the bank plans to boost its dividend following the release of the Fed's stress test results.Goldman Sachs (NYSE:GS), the largest financial services stock in the Dow, was the blue-chip index's top percentage gainer today, adding 2.26%. Aside from reports that Goldman was Saudi Arabia's leading brokerage firm last month, there was not a lot of company-specific news pertaining to the name today.On essentially no news other than its home sector and the broader market climbing, American Express (NYSE:AXP) added 1.3% to hit a new 52-week high. The stock is up more than 27% year-to-date. Bottom Line on the Dow Jones TodayFor investors tired of tariff talk, Monday brought a step in the right direction as the U.S. and Mexico continued making nice on the trade front. How, or if, this affects the U.S./China trade dispute is another matter altogether.On Monday, President Trump threatened to levy more tariffs on Chinese imports if his counterpart, President Xi Jinping, does not attend the G-20 meeting in Japan later this month. Trump believes the two sides will eventually reach some type of trade deal and that the U.S. tariffs on Chinese imports will be the catalyst for getting that deal done.Trump added that it was the threat of tariffs that facilitated a favorable outcome with Mexico on trade. The president also renewed his criticism of the Fed, stoking speculation that the central bank will acquiesce to the president's comments and lower interest rates this year.As of this writing, Todd Shriber did not own any of the aforementioned securities. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 Stocks to Buy As They Hit 52-Week Lows * 4 Antitrust Tech Stocks to Keep an Eye On * 5 Gold and Silver Stocks Touching Intraday Highs Compare Brokers The post Dow Jones Today: Financial Stocks Chip In appeared first on InvestorPlace.

  • Amazon Ventures Further into Credit Card Industry with Synchrony Partnership
    Zacks6 days ago

    Amazon Ventures Further into Credit Card Industry with Synchrony Partnership

    Amazon opened Monday up over 4% after announcing its new "Amazon Store Card Credit Builder."

  • Business Wire9 days ago

    Secure Remote Commerce: The Next Step

    Today, the industry organization EMVCo released its highly anticipated EMV® Secure Remote Commerce (SRC) Specification v1.0¹. SRC is the technical standard that will, for the first time, establish a standardized way for card payments to be made in a secure, convenient and consistent manner across web and mobile sites, mobile apps, and connected devices. With the new specifications now available, we are in the final stages of making SRC a reality.

  • 3 Stocks That Are Crushing Apple in the Digital Banking Wars
    Investopedia9 days ago

    3 Stocks That Are Crushing Apple in the Digital Banking Wars

    Apple had hoped to displace Visa, MasterCard and PayPal in the digital payments space, but the tech giant has faced significant challenges.

  • Financial Guru Warren Buffett's Favorite Financial Stocks
    GuruFocus.com10 days ago

    Financial Guru Warren Buffett's Favorite Financial Stocks

    Investor Warren Buffett (Trades, Portfolio) endlessly encourages investors to stick to their "circle of competence." At his Berkshire Hathaway (NYSE:BRK.A)(NYSE:BRK.B) annual conference in May, he said that he naturally took to the insurance business, which would become the core of his business empire. Warning! GuruFocus has detected 2 Warning Sign with BRK.A. Click here to check it out. My mind worked well in that respect," Buffett said.

  • Visa (V) Partners LINE Pay to Facilitate Payments via Mobile
    Zacks10 days ago

    Visa (V) Partners LINE Pay to Facilitate Payments via Mobile

    Visa (V) announces tie up with messaging app LINE to offer payments and other financial services.

  • American Express Continues to Elevate the Gold Standard in Rich Rewards with the American Express® Gold Card
    Business Wire10 days ago

    American Express Continues to Elevate the Gold Standard in Rich Rewards with the American Express® Gold Card

    NEW AND ENHANCED DINING BENEFITS, AND THE RETURN OF THE LIMITED EDITION ROSE GOLD METAL CARD

  • UPS Inks Deal With ShopRunner to Boost UPS My Choice Program
    Zacks11 days ago

    UPS Inks Deal With ShopRunner to Boost UPS My Choice Program

    United Parcel Service (UPS) partners with ShopRunner to increase the popularity of the UPS My Choice program.

  • IBD Stock Of The Day American Express Bucks Sell-Off, Stays In Buy Zone
    Investor's Business Daily13 days ago

    IBD Stock Of The Day American Express Bucks Sell-Off, Stays In Buy Zone

    American Express is the IBD Stock Of The Day. The Dow Jones stock held above its buy point and 50-day line while the broader market sold off.