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American Electric Power AEP

US equityMarket cap rank #255Utilities - Regulated Electric
$118.01
−$0.40 (-0.33%)
Market open · Sep 24, 2:00 pm ET
After hours $119.56 +0.98%
Open$118.40
Prev close$118.40
Day range$117.30 – $118.71
Volume1.21M
Market cap$64.24B
P/E (TTM)20.5
Dividend yield3.20%

Price chart

Daily bars for up to one year, weekly bars for the 5-year view. Averages are 50/200 trading days (10/40 weeks on the 5-year view).

AEP at a glance

Shares of American Electric Power are down 0.33% at $118.01. The company is worth $64.24B, number 255 out of 300 on our list.

The 52-week range is $105.23 to $139.52. Today's price is about 37% of the way from the low to the high. Holders are ahead 11.7% over twelve months, but down 11.9% across the last three months.

On the chart it has slipped under both the 50-day ($125.43) and 200-day ($125.45) moving averages; RSI is 32, and the last 30 sessions moved at roughly 15% annualized volatility.

Revenue for the quarter ended Jun 2026 was $5.45B, up 7.0% from a year earlier, with $747.00M of net profit (a 13.8% margin).

Valuation works out to 20.5 times trailing earnings, 7% above its five-year average of 19.1. The median for its industry group is 17.7.

11 analysts follow the stock and the average call is "buy". The mean target, $142.09, sits 20.4% over where the stock trades.

This summary is put together from the numbers on the page and updates when they do. It describes the data; it is not a forecast or a recommendation.

American Electric Power: the business

American Electric Power is a large regulated electric utility with generation and one of the biggest transmission networks in the U.S. It serves customers across 11 states.

What tends to move it. Allowed returns set by state regulators, rising demand from data centers and capital spending on grid upgrades drive earnings growth. Interest rates affect it as with most utilities.

Written by hand by the BeStock desk and revised when a business changes. See how we work. Spot something out of date? Tell us.

Performance

Price return over each window, from adjusted daily and weekly closes

1 day
-0.3%
1 week
-2.2%
1 month
-3.3%
3 months
-11.9%
6 months
-7.0%
Year to date
+4.7%
1 year
+11.7%
Day range
$117.30$118.71
52-week range
$105.23$139.52

Technical signals

Full technicals →
Trend readStrong downtrend

0 bullish · 6 bearish of 7 signals

IndicatorValueSignal
Price vs 20-day average-3.6%Bearish
Price vs 50-day average-5.9%Bearish
Price vs 200-day average-5.9%Bearish
50-day vs 200-day50d below 200dBearish
RSI (14)32.3Bearish
MACD (12,26,9)-1.54Bearish
Bollinger band position-10%Neutral

Standard indicator readings worked out from daily closes. They describe how the price has behaved, not where it is going.

Key statistics

Bid / Ask$118.00 / $118.02
Average price today$117.92
Volume1.21MAvg (90d) 4.51M
Turnover$142.87M
Turnover rate0.22%of shares outstanding
Volume ratio0.29vs. recent average pace
Day amplitude1.19%
Market cap$64.24B
Float market cap$64.14B
Shares outstanding543.51M
EPS (TTM)$6.66
P/E (TTM)20.45
P/B2.00
Book value / share$58.93
Earnings yield0.10%
Dividend (TTM)$3.78 / shareYield 3.20%
Net profit (TTM)$3.63B
Net assets$32.08B
30-day volatility15.4%annualized
Avg daily range (ATR)1.59%of price, 14 days
Max drawdown (1y)-13.6%-14.3% from 1y peak

Quote as of Sep 24, 2026 2:00 pm ET. Prices can lag the live tape. This is background information, not a recommendation.

How AEP ranks on BeStock

Market value#255 of 300
P/E (cheapest = 1)#74 of 283
Dividend yield#54 of 244
Closeness to 52-week high#178 of 300
Dollar volume today#225 of 300

Ranks are among the 300 or so U.S.-listed stocks BeStock covers, recalculated whenever prices refresh. A row is left out when the measure does not apply, such as yield for a stock that pays no dividend.

Latest reported quarter: Q2, ended Jun 2026

Revenue$5.45B+7.0% YoY
Operating profit$1.25B-10.9% YoY
Net profit$747.00M-42.0% YoY
Diluted EPS$1.30-43.2% YoY
Free cash flow-$1.26B+38.9% YoY
Operating cash flow$1.90B

Revenue, last 8 quarters

$5.4BSep '24$4.7BDec '24$5.5BMar '25$5.1BJun '25$6.0BSep '25$5.3BDec '25$6.0BMar '26$5.4BJun '26

Net profit, last 8 quarters

$961.7MSep '24$666.1MDec '24$802.0MMar '25$1.3BJun '25$1.0BSep '25$605.2MDec '25$903.0MMar '26$747.0MJun '26

Profitability & balance sheet

Gross margin60.5%
Operating margin23.4%
Net margin13.8%
Return on equity10.1%
Return on assets2.7%
Return on invested capital6.3%
Current ratio0.50
Liabilities / assets72.6%
Cash & investments$603.00M
Total debt$53.40B
Net cash (debt)-$52.80B

Where the revenue comes from

Quarter 2026/Q2

By business line

  • Vertically Integrated Utilities (VIU)$3.12B 51.6%
  • Transmission and Distribution Utilities (T&D)$1.58B 26.2%
  • Generation & Marketing (G&M)$709.00M 11.7%
  • American Electric Power Transmission Holdco (AEPTHCo)$610.00M 10.1%
  • Corporate and Other$30.00M 0.5%
Average move on report day±2.2%last 16 reports
Closed higher8 of 1650% of the time
Best reaction+6.1%
Worst reaction-4.1%

Stock move on the day after each report

-4.1%2024/Q3-1.3%2024/Q4+0.0%2025/Q1+3.7%2025/Q2+6.1%2025/Q3+3.4%2025/Q4+1.8%2026/Q1-1.3%2026/Q2

"Implied move" is the size of move the options market was pricing ahead of the report. Move is the stock’s change on the first session after the release.

Valuation

Multiples measured against the stock's own five-year history

Valuation detail →
Price / earnings21.4x
CheapRich

Near the top of its 5-year range · 94th percentile, 5-year average 19.1x

#1632 of 2977 stocks by PE (1 = cheapest)

Price / book2.1x
CheapRich

Above its usual level · 72nd percentile, 5-year average 2.0x

#2934 of 5304 stocks by PB (1 = cheapest)

Price / sales2.9x
CheapRich

Above its usual level · 79th percentile, 5-year average 2.7x

#2989 of 5143 stocks by PS (1 = cheapest)

P/E over five years

15x18x21x23xSep '21Mar '24Sep '26

Dashed line is the 5-year average; the shaded band is one standard deviation either side.

Morningstar fair value estimate

Fair value$141.00
Price vs. fair value-16.3%Trading below the estimate
Star rating★★★★☆
Economic moatNarrow
UncertaintyLow

Analyst view

All ratings →
ConsensusBuy
Analysts11
Average target$142.09+20.4% vs. price
  • Buy 55%
  • Hold 45%
Low $129.00Now $118.01Avg $142.09High $154.00

Latest rating actions

  • 11 Sep 2026Wells FargoBUY · PT $148.00
  • 9 Sep 2026TD CowenBUY · PT $149.00
  • 27 Aug 2026BMO CapitalHOLD · PT $139.00
  • 21 Aug 2026Morgan StanleyBUY · PT $135.00
  • 20 Aug 2026Goldman SachsHOLD · PT $150.00

Ownership & positioning

Who holds it, who is betting against it, and where the big money is moving

Ownership detail →
Institutional ownership94.4%-0.12 pts vs. prior quarter
Institutions holding2,217-7 vs. prior quarter
Insider trades (recent)0 buys / 4 sellsNet selling
Short interest4.47% of floatDays to cover 7.2 · as of 31 Aug 2026
Short-sale volume share28.1%5-day average of daily volume

Short-sale volume as % of daily volume

14%22%30%38%Aug '26Sep '26Sep '26

Large-order net flow, last 20 sessions

Net of large-order buying minus selling, in USD. Over this window: −$42.01M (7 inflow days, 13 outflow days).

Dividends

Dividend yield (TTM)3.20%
Last dividend$0.95Ex-date 10 Aug 2026
Next-to-last$0.95
Payments on file40

Dividends paid per share, by year

2.3920172.5320182.7120192.8420203.1720223.3720233.5720243.742025

Across the full calendar years shown, the annual payout grew by roughly 6.6% a year.

Latest headlines

More news →
  • TD Cowen Maintains American Electric Power(AEP.US) With Buy Rating, Raises Target Price to $149Market news · 9 Sep 2026
  • Wells Fargo Maintains American Electric Power(AEP.US) With Buy Rating, Maintains Target Price $148Market news · 13 Sep 2026
  • Citi Maintains American Electric Power(AEP.US) With Hold Rating, Cuts Target Price to $142Market news · 5 Aug 2026
  • Barclays Maintains American Electric Power(AEP.US) With Hold Rating, Raises Target Price to $129Market news · 4 Aug 2026
  • BMO Capital Maintains American Electric Power(AEP.US) With Hold Rating, Maintains Target Price $139Market news · 28 Aug 2026
  • Morgan Stanley Maintains American Electric Power(AEP.US) With Buy Rating, Cuts Target Price to $135Market news · 21 Aug 2026

AEP stock: common questions

Where is AEP trading right now?

$118.01 is the latest print for AEP, a move of -0.33% against yesterday's close of $118.40. Today's low and high so far: $117.30 and $118.71.

How big is American Electric Power?

Equity value comes to $64.24B at the current price. By that measure it is number 255 of the 300 names in our coverage.

Is AEP expensive on earnings?

Buyers pay 20.5 times the last twelve months of profit (EPS $6.66). Averaged over five years the multiple has been 19.1, and today's level ranks in the 94th percentile of its own history.

Where does AEP sit in its 52-week range?

The year's floor is $105.23 and the ceiling $139.52. Shares are 15.4% away from that ceiling.

Does AEP send cash back through a dividend?

It does. Payouts over the past twelve months work out to a 3.20% yield; the latest ex-dividend date was August 10, 2026.

What is the analyst view on American Electric Power?

Of 11 analysts, 55% say buy, 45% hold and 0% sell. Price targets average $142.09, with the most cautious at $129.00 and the most optimistic at $154.00.

What does American Electric Power do?

American Electric Power is a large regulated electric utility with generation and one of the biggest transmission networks in the U.S. It serves customers across 11 states.

BeStock publishes market data and analysis for information only. Nothing here is investment advice or a solicitation to buy or sell any security. Quotes may be delayed and figures can contain errors; check primary sources before you trade. How we source and calculate these pages.

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