American Electric Power Company, Inc. AEP will release earnings results for its third quarter, before the opening bell on Wednesday, Nov. 6.
AEP's Q3 results are likely to reflect the benefits of a warmer weather pattern and higher transmission revenues.
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for AEP (AEP), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended September 2024.
All stocks have at least five fiscal years of dividend growth history and come from the U.S. Dividend Champions List. They have an average increase of 5.2% and a median increase of 4.2%. There are sixteen increases for next week, up from six last week.
AEP (AEP) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
AEP continues to benefit from its systematic investment plan and renewable portfolio expansion initiatives.
Low-beta utility and consumer staple stocks like AEP, AWK, FTS, CLX and DEO are safe bets during times of market volatility.
24/7 Wall St. Insights Artificial intelligence and bitcoin mining are leading the surge in energy demand.
AEP continues to reward shareholders with dividend hikes. The company has a history of paying out quarterly dividends for almost 115 years in a row.
American Electric Power (AEP) is poised to grow earnings and dividends by 50% over the next five years, driven by surging data centre demand and efficiency gains. AEP is currently under-earning on regulated assets but is expected to regain efficiency as power sales volumes surge. The company's regulated nature ensures stable, predictable profits, while efficiency improvements and asset value gains could lead to significant share price appreciation.
Here is how American Electric Power (AEP) and Duke Energy (DUK) have performed compared to their sector so far this year.
AEP is poised to outperform the S&P with a 6%-7% annual earnings CAGR, driven by high load growth and strong ROEs, especially in Texas. AEP's substantial $43B capex by 2028 and customer commitments for 15GW of incremental load ensure visibility into long-term earnings growth. AEP offers a 3.5% dividend yield, lower volatility, and potential earnings multiple normalization, setting it up for superior returns compared to the S&P.