American Electric Power has shown consistent financial growth, with revenue rising from $14.9 billion in 2020 to $19.7 billion in 2024, and net profit increasing from $2.2 billion to $3.0 billion. AEP's business model focuses on regulated infrastructure, ensuring stable profitability and predictable cash flow, supported by a vertically integrated structure and centralized management. The company plans a $54 billion investment over five years to modernize infrastructure and expand generation, aiming for 6-8% annual EPS growth and a 4% dividend yield.
Utilities are one group that tend to hold up better during market corrections.
“This is the 110th consecutive quarter we have increased our dividend since our 1994 NYSE listing and this declaration represents the 656th consecutive monthly dividend throughout our 56-year operating history.
Leading wind energy stocks like OGE, NEE, AEP and DTE present compelling opportunities, given their strong foothold in the market and focus on expansion.
Against heightened market volatility, the traditional stock picking method - sales growth - is apt. Stocks like DRI, MIDD, INTU, CFR & AEP are worth buying.
Dividend stocks lack the glitz and glam of high-octane growth stocks. But they can make up for it by passing along profits to shareholders no matter what the market is doing.
Jim Cramer is preparing for the tariffs that will be put on goods from Canada, China, and Mexico.
American Electric serves 5.6 million customers across 11 states. The company also operates the nation's largest transmission network.
Duke Energy offers a stable dividend and predictable cash flow, but faces rising debt and muted organic growth. Another pro: surging data center demand. Another con: storm exposure and related costs. Peers like Southern Company, American Electric Power, and Dominion Energy offer similar business models, with AEP the strongest performer as of late.
AEP's Q4 revenues of $4.70 billion rise 2.6% from the year-ago quarter's level. The top line, however, misses the Zacks Consensus Estimate by 7.5%.
American Electric Power Company (NASDAQ:AEP ) Q4 2024 Earnings Conference Call February 13, 2025 9:00 AM ET Company Participants Darcy Reese - VP, IR Bill Fehrman - President and CEO Trevor Mihalik - EVP, CFO Kate Sturgess - SVP, Controller and Chief Accounting Officer Conference Call Participants Shar Pourreza - Guggenheim Partners Ross Fowler - Bank of America Steve Fleishman - Wolfe Research Jeremy Tonet - JPMorgan Durgesh Chopra - Evercore ISI Nick Campanella - Barclays Carly Davenport - Goldman Sachs James Ward - Jefferies Operator Good morning. My name is Audra, and I will be your conference operator today.
While the top- and bottom-line numbers for AEP (AEP) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.