Shares of American Express have moved -2.8% today, and are now trading at a price of $245.9. In contrast, the S&P 500 index saw a 0.0% change. Today's trading volume is 2,547,154 compared to the stock's average volume of 2,797,919.
American Express Company, together with its subsidiaries, operates as integrated payments company in the United States, Europe, the Middle East and Africa, the Asia Pacific, Australia, New Zealand, Latin America, Canada, the Caribbean, and Internationally. Based in New York, United States the company has 74,600 full time employees and a market cap of $174,813,249,536. American Express currently offers its equity investors a dividend that yields 1.0% per year.
The company is now trading -3.24% away from its average analyst target price of $254.13 per share. The 23 analysts following the stock have set target prices ranging from $210.0 to $285.0, and on average give American Express a rating of buy.
Over the last 52 weeks, AXP stock has risen 58.7%, which amounts to a 32.6% difference compared to the S&P 500. The stock's 52 week high is $256.24 whereas its 52 week low is $140.91 per share. With its net margins declining an average -3.4% over the last 6 years, American Express may not have a strong enough profitability trend to support its stock price.
| Date Reported | Total Revenue ($ k) | Net Profit ($ k) | Net Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2023 | 60,515,000 | 8,374,000 | 14 | 0.0 |
| 2022 | 52,862,000 | 7,514,000 | 14 | -26.32 |
| 2021 | 42,380,000 | 8,060,000 | 19 | 111.11 |
| 2020 | 36,087,000 | 3,135,000 | 9 | -43.75 |
| 2019 | 43,556,000 | 6,759,000 | 16 | -5.88 |
| 2018 | 40,338,000 | 6,921,000 | 17 |
