American Electric Power (NASDAQ:AEP) Issues FY 2026 Earnings Guidance

American Electric Power (NASDAQ:AEP) updated its FY 2026 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 6.250-6.550 for the period, compared to the consensus estimate of 6.350. The company issued revenue guidance of -.

Analysts Set New Price Targets

Several analysts have commented on the stock. Scotiabank lifted their target price on shares of American Electric Power from $131.00 to $140.00 and gave the stock a “sector perform” rating in a research note on Wednesday, May 6th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of American Electric Power in a research note on Monday, June 1st. Wall Street Zen downgraded shares of American Electric Power from a “hold” rating to a “sell” rating in a research note on Saturday, May 9th. BMO Capital Markets reduced their target price on American Electric Power from $141.00 to $139.00 and set a “market perform” rating on the stock in a report on Wednesday, July 22nd. Finally, Jefferies Financial Group raised their price objective on American Electric Power from $147.00 to $154.00 and gave the stock a “buy” rating in a report on Wednesday, July 1st. Thirteen investment analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $141.43.

American Electric Power Stock Performance

NASDAQ:AEP opened at $127.85 on Friday. American Electric Power has a twelve month low of $105.70 and a twelve month high of $140.58. The firm has a market capitalization of $69.56 billion, a price-to-earnings ratio of 21.93, a PEG ratio of 2.29 and a beta of 0.52. The company has a current ratio of 0.53, a quick ratio of 0.39 and a debt-to-equity ratio of 1.42. The firm’s fifty day simple moving average is $131.80 and its 200 day simple moving average is $129.76.

American Electric Power (NASDAQ:AEP) last issued its earnings results on Thursday, July 30th. The company reported $1.36 earnings per share for the quarter, missing the consensus estimate of $1.48 by ($0.12). The company had revenue of $5.45 billion during the quarter, compared to analysts’ expectations of $5.34 billion. American Electric Power had a return on equity of 10.03% and a net margin of 13.78%.American Electric Power’s quarterly revenue was up 7.0% on a year-over-year basis. During the same period in the previous year, the company earned $1.43 EPS. American Electric Power has set its FY 2026 guidance at 6.250-6.550 EPS. As a group, equities research analysts expect that American Electric Power will post 6.35 earnings per share for the current fiscal year.

American Electric Power Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Monday, August 10th will be given a $0.95 dividend. This represents a $3.80 dividend on an annualized basis and a yield of 3.0%. The ex-dividend date of this dividend is Monday, August 10th. American Electric Power’s dividend payout ratio is presently 55.80%.

Trending Headlines about American Electric Power

Here are the key news stories impacting American Electric Power this week:

• Positive Sentiment: AEP raised its 2026 operating earnings guidance to $6.25–$6.55 per share, citing robust demand from data centers, artificial-intelligence infrastructure and other large customers. Reuters article
• Positive Sentiment: Management expanded contracted and prospective load additions to approximately 69 gigawatts through 2030 and outlined a roughly $78 billion capital plan. AEP also secured about 13 GW of gas-fired turbine capacity, positioning it to serve rising power demand and potentially drive long-term revenue growth. Zacks article
• Positive Sentiment: Second-quarter revenue increased 7% year over year to $5.45 billion, exceeding the $5.34 billion analyst estimate. The company also expects load growth to help offset costs and provide customer savings through federal loan guarantees and grants. AEP earnings release
• Neutral Sentiment: Mizuho lowered its AEP price target from $141 to $135 and moved to a “neutral” rating. The revised target still implies potential upside, but the reduction signals more cautious expectations after the recent earnings update. Benzinga article
• Negative Sentiment: Operating earnings came in at $1.36 per share, below the $1.48–$1.49 consensus and down from $1.43 a year earlier. Tax timing and the impact of a prior transaction contributed to the shortfall, creating near-term pressure despite the stronger outlook. Zacks earnings article

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Pinnacle Financial Partners Inc. lifted its holdings in American Electric Power by 16.6% in the third quarter. Pinnacle Financial Partners Inc. now owns 119,284 shares of the company’s stock worth $13,420,000 after acquiring an additional 17,018 shares during the last quarter. Sivia Capital Partners LLC lifted its holdings in shares of American Electric Power by 149.5% in the 2nd quarter. Sivia Capital Partners LLC now owns 4,891 shares of the company’s stock worth $507,000 after purchasing an additional 2,931 shares during the last quarter. Brighton Jones LLC lifted its holdings in shares of American Electric Power by 11.5% in the 4th quarter. Brighton Jones LLC now owns 10,601 shares of the company’s stock worth $978,000 after purchasing an additional 1,095 shares during the last quarter. Atlas Capital Advisors Inc. bought a new position in American Electric Power during the 4th quarter worth $38,000. Finally, Transamerica Financial Advisors LLC increased its position in American Electric Power by 35.8% in the fourth quarter. Transamerica Financial Advisors LLC now owns 353 shares of the company’s stock worth $41,000 after buying an additional 93 shares during the period. Hedge funds and other institutional investors own 75.24% of the company’s stock.

About American Electric Power

American Electric Power (NASDAQ: AEP) is a major investor-owned electric utility headquartered in Columbus, Ohio. The company is primarily engaged in the generation, transmission and distribution of electricity, operating a diverse portfolio of power plants and an extensive high-voltage transmission network. AEP serves retail customers through its regulated utility subsidiaries and provides wholesale power and grid services across multiple regional markets in the United States.

Operations span the full utility value chain: AEP owns and operates generation assets that include fossil-fuel, natural gas, nuclear and hydropower facilities, and it has been adding renewable resources to its mix.