Shares of Utilities sector company American Electric Power Company moved 0.1% today, and are now trading at a price of $81.84. The large-cap stock's daily volume was 1,424,422 compared to its average volume of 3,720,630. The S&P 500 index returned a 0.0% performance.
American Electric Power Company, Inc., an electric public utility holding company, engages in the generation, transmission, and distribution of electricity for sale to retail and wholesale customers in the United States. The company is based in Columbus and has 16,974 full time employees. Its market capitalization is $43,037,638,656. American Electric Power Company currently offers its equity investors a dividend that yields 4.1% per year.
16 analysts are following American Electric Power Company and have set target prices ranging from $74.5 to $99.0 per share. On average, they have given the company a rating of buy. At today's prices, AEP is trading -5.9% away from its average analyst target price of $86.97 per share.
Over the last year, AEP shares have gone down by -12.7%, which represents a difference of -36.8% when compared to the S&P 500. The stock's 52 week high is $98.32 per share and its 52 week low is $69.38. American Electric Power Company has averaged free cash flows of $-1990933333.3 over the last 6 years, with a mean growth rate of -11.0%. It is likely that the stock will keep following its current negative performance trend while the underlying business is experiencing such poor cash flows.
| Date Reported | Cash Flow from Operations ($ k) | Capital expenditures ($ k) | Free Cash Flow ($ k) | YoY Growth (%) |
|---|---|---|---|---|
| 2023 | 4,230,500 | 7,690,300 | -3,459,800 | -150.04 |
| 2022 | 5,288,000 | 6,671,700 | -1,383,700 | 23.96 |
| 2021 | 3,839,900 | 5,659,600 | -1,819,700 | 24.6 |
| 2020 | 3,832,900 | 6,246,300 | -2,413,400 | -35.49 |
| 2019 | 4,270,100 | 6,051,400 | -1,781,300 | -63.77 |
| 2018 | 5,223,200 | 6,310,900 | -1,087,700 |
