American Electric Power Co Inc (AEP) stock price, news and key stats

StockNasdaqUtilitiesElectric Utilities

Price

$120.72+0.10 (+0.08%)

Last trade as of Sep 16, 2026. Delayed data; not a live quote.

Previous close
$120.62
Open
$120.86
Day range
$120.08 – $121.65
Volume
87.0K
52-week range
$105.70 – $140.58
Market cap
$65.7B
Forward P/E
17.6
Dividend yield
315.00%
Beta
0.50
Avg. volume
4.3M
Analyst target
$143.58
Next earnings
Oct 29, 2026

About American Electric Power Co Inc

American Electric Power Company, Inc. (AEP) is one of the largest investor-owned electric public utility holding companies in the United States, providing generation, transmission, and distribution services to over five million retail customers across multiple states including Arkansas, Indiana, Kentucky, Louisiana, Michigan, Ohio, Oklahoma, Tennessee, Texas, Virginia, and West Virginia. AEP operates an extensive portfolio of assets, including approximately 252,000 circuit miles of distribution lines, 38,000 circuit miles of transmission lines, and 25,000 MWs of regulated owned generating capacity as of December 31, 2025.

From the company's latest annual report (Form 10-K).

Latest AEP news

  • Trump throws out power plant climate pollution rules
    The Verge · Sep 14, 2026

    The Trump administration has officially repealed regulations that limited greenhouse gas emissions from coal and gas-fired power plants, a significant shift that could have far-reaching implications for the U.S. energy landscape and climate policy. This move dismantles a key component of the Biden administration's efforts to curb emissions and combat climate change, allowing power plants to operate without the previously imposed limits on their pollution output. Supporters of the repeal, primarily from the fossil fuel industry, argue that it will lead to lower operational costs and increased profitability for power plant owners. However, environmental advocates warn that this decision could exacerbate climate change, as the power sector is a major contributor to greenhouse gas emissions. The Environmental Protection Agency's plan to eliminate these safeguards is expected to face legal challenges, as many states and environmental groups are likely to contest the rollback in court. Market reactions may vary, with fossil fuel stocks potentially benefiting from the regulatory relief, while renewable energy sectors could experience pressure as the competitive landscape shifts back in favor of traditional energy sources. The long-term implications for climate policy and public health remain uncertain, as the rollback raises concerns about the U.S.'s commitment to reducing emissions and meeting international climate goals.

  • US court rejects Trump’s emergency order keeping Michigan coal plant open
    Al Jazeera · Sep 12, 2026

    A U.S. court has denied former President Donald Trump's emergency order aimed at keeping a coal-fired power plant in Michigan operational, a decision that underscores the ongoing legal and regulatory challenges facing fossil fuel energy sources. The ruling comes as part of a broader trend in which courts are increasingly siding with environmental regulations and state-level initiatives aimed at reducing carbon emissions and transitioning to cleaner energy alternatives. The decision has significant implications for the energy market, particularly in the Midwest, where coal plants have been under pressure to adapt to stricter environmental standards. Analysts suggest that this ruling may accelerate the shift towards renewable energy sources, as utilities and investors reassess the viability of coal in light of growing regulatory scrutiny and public demand for sustainable energy solutions. The move could also influence other states grappling with similar coal plant closures, potentially leading to a ripple effect across the industry. As the energy landscape evolves, stakeholders will need to navigate the complexities of transitioning away from fossil fuels while ensuring energy reliability and affordability. The court's decision may serve as a catalyst for further investment in renewable technologies, as companies seek to align with both regulatory frameworks and consumer preferences for cleaner energy options.

  • 5 Big Yields That Could Be Slashed: Income Investors Beware
    Yahoo Finance · Sep 12, 2026

    Income investors may need to brace themselves as five prominent dividend-paying companies are facing potential yield cuts, according to recent analysis. These companies, which have historically been reliable sources of income, are grappling with rising costs, increased competition, and shifting market dynamics that could impact their profitability and cash flow. As a result, analysts are warning that dividends may not be as secure as previously thought, prompting investors to reassess their portfolios. The implications for the broader market could be significant, particularly for sectors heavily reliant on dividend-paying stocks, such as utilities and real estate investment trusts (REITs). A reduction in dividends could lead to a sell-off in these stocks, driving down prices and increasing volatility. Investors seeking stable income may find themselves needing to diversify their holdings or seek alternative investment opportunities that offer better yield stability. As the economic landscape continues to evolve, careful scrutiny of dividend sustainability will be essential for income-focused investors.

  • How Energy Security, Load Growth and Infrastructure Arbitrage Could Reshape America's Power Market
    Yahoo Finance · Sep 7, 2026

    America's power market is poised for significant transformation as energy security, load growth, and infrastructure arbitrage emerge as key factors shaping the landscape. The ongoing energy transition has highlighted the need for robust infrastructure to support renewable energy sources and meet rising electricity demand. As more states commit to ambitious carbon reduction goals, the integration of renewable energy into the grid becomes critical, necessitating substantial investments in transmission and distribution systems. Load growth, driven by electrification trends in transportation and heating, is expected to place additional strain on existing infrastructure. Utilities and regulators are now tasked with ensuring that the grid can accommodate this increased demand while maintaining reliability and affordability. This challenge presents opportunities for infrastructure arbitrage, where investors can capitalize on the discrepancies between energy supply and demand by developing new projects or upgrading existing facilities. Market implications are significant, as the push for energy security may lead to a shift in investment strategies. Companies that prioritize resilient infrastructure and innovative energy solutions could see enhanced valuations, while those lagging in adaptation may face increased regulatory scrutiny and financial pressure. As the power market evolves, stakeholders will need to navigate these dynamics carefully to remain competitive in a rapidly changing environment.

  • AI Data Center Boom Pushes U.S. Power Equipment to the Breaking Point
    OilPrice · Sep 3, 2026

    The rapid expansion of AI-driven data centers in the United States is pushing the country's power equipment infrastructure to its limits, leading to significant shortages of essential components such as transformers, substations, gas turbines, and cooling systems. As electricity demand surges to unprecedented levels, the strain on existing power supply systems is becoming increasingly evident. This surge in demand is not only impacting the availability of equipment but is also prompting a reevaluation of supply chains, particularly as Washington intensifies scrutiny of foreign-made components, notably those from China. The implications for the market are substantial. Vendors of critical infrastructure are experiencing double-digit growth as they scramble to meet the burgeoning needs of AI data center construction. Major U.S. automotive and heavy equipment manufacturers are reportedly adapting their business models to seize opportunities in this expanding market, indicating a shift in focus towards power equipment production. This transformation underscores the urgent need for investment in generation, grid enhancements, and overall energy infrastructure to accommodate the evolving landscape of electricity consumption driven by AI technologies. As the demand for power equipment continues to escalate, stakeholders across the energy sector must navigate the complexities of supply chain disruptions and regulatory challenges. The current situation highlights the critical intersection of technology and infrastructure, suggesting that without significant investment and innovation, the U.S. may face constraints that could hinder the growth of its AI sector and broader economic prospects.

  • America's Electricity Boom Is Outrunning Its Power Grid
    Oil & Gas · Aug 29, 2026

    The United States is experiencing a significant surge in electricity demand driven by the rapid expansion of data centers and the ongoing electrification of various sectors. However, this electricity boom is outpacing the capabilities of the existing power grid, leading to increased reliability risks and rising costs for consumers. As developers aim to construct large-scale battery storage projects to harness low-cost electricity, they face challenges stemming from transmission delays and an outdated infrastructure. The congestion on the U.S. electricity grid is becoming a critical bottleneck, contributing to higher power prices and delaying the rollout of new generation projects. This situation has raised concerns among investors and industry stakeholders about the long-term sustainability of the grid, particularly as the demand for renewable energy sources grows. The need for significant upgrades and modernization of the grid infrastructure is becoming increasingly urgent to accommodate the evolving energy landscape. As the market grapples with these challenges, the implications for energy prices and investment strategies are profound. Investors are closely monitoring the situation, as the potential for increased costs and project delays could impact the profitability of energy companies. Furthermore, the ongoing transition to cleaner energy sources necessitates a concerted effort to enhance grid reliability, which will be essential for supporting future growth in the sector.

  • Trump executive order bans some foreign equipment in US energy grid
    Al Jazeera · Aug 27, 2026

    President Donald Trump has signed an executive order declaring a national emergency that prohibits the use of certain foreign-made equipment in the United States electricity grid. This sweeping measure targets a variety of critical components, including substations, transformers, energy storage batteries, generators, turbines, and related software. The order is part of a broader effort to enhance national security by reducing reliance on foreign technology deemed a potential threat. The implications of this executive order could be significant for the U.S. energy sector, particularly as it seeks to modernize and expand its infrastructure. Companies that rely on foreign manufacturers for essential equipment may face disruptions, leading to potential delays in projects and increased costs. Additionally, this move could spur domestic production of energy equipment, fostering growth in the U.S. manufacturing sector. However, it may also lead to retaliatory measures from foreign governments and complicate international trade relations, particularly with countries that supply critical energy technology. As the energy landscape evolves, stakeholders will need to navigate these regulatory changes while balancing security concerns with the need for innovation and efficiency.

  • AEP targets $6.25-$6.55 2026 operating EPS while contracted load rises to 69 GW
    Seeking Alpha · Jul 30, 2026

    American Electric Power (AEP) has raised its full-year 2026 operating earnings guidance to a range of $6.25 to $6.55 per share, reflecting a $0.10 increase from previous estimates. This upward revision is attributed to robust performance in the first half of the year, driven by accelerating demand for large-load contracts and favorable regulatory developments. Despite a year-over-year decline in second-quarter earnings to $1.36 per share, the company is optimistic about its growth trajectory. AEP's contracted load has risen to 69 gigawatts (GW) through 2030, with Texas contributing a significant 45 GW to this total. This expansion not only supports the company's earnings outlook but also positions AEP to capitalize on long-term investment opportunities beyond its existing $78 billion capital plan. The anticipated cost offsets of up to $16 billion from load growth, along with $1.4 billion in expected customer savings from federal loan guarantees and grants, further bolster AEP's commitment to affordability for its customers. Market analysts may view AEP's guidance increase and load growth as positive indicators for the utility sector, particularly in regions experiencing high demand for energy. The company's strategic focus on gas-fired turbine capacity, with 13 GW already secured and an additional 10 GW under development, suggests a proactive approach to meeting future energy needs while potentially enhancing its competitive position in the market.

  • American Electric Power declares $0.95 dividend
    Seeking Alpha · Jul 21, 2026

    American Electric Power (AEP) has announced a quarterly dividend of $0.95 per share, reflecting the company's commitment to returning value to its shareholders. This dividend will be payable on December 10, 2023, to shareholders of record as of November 10, 2023. The decision underscores AEP's stable financial position and its ongoing strategy to provide consistent returns amid a challenging economic environment. The announcement is likely to have positive implications for AEP's stock performance, as dividends are a key factor for income-focused investors. With the utility sector often seen as a safe haven during market volatility, AEP's reliable dividend may attract more investors seeking stability. Additionally, the company's strong cash flow generation supports its ability to maintain and potentially grow dividends in the future, which could further enhance investor confidence and support stock prices in the long term.

  • AEP to receive up to $3.26B DoE loan for Texas power grid upgrades
    Seeking Alpha · Jul 8, 2026

    American Electric Power (AEP) has secured a loan commitment of up to $3.26 billion from the Department of Energy (DoE) aimed at enhancing the Texas power grid. This funding is part of the federal government's broader initiative to modernize energy infrastructure and improve reliability, especially in the wake of extreme weather events that have challenged grid stability in recent years. The loan will support various projects, including the expansion of transmission capacity and the integration of renewable energy sources. Market analysts view this development as a positive signal for AEP, potentially bolstering its financial position and allowing for accelerated growth in its infrastructure capabilities. The investment aligns with the increasing demand for reliable energy solutions in Texas, a state that has seen significant population growth and industrial expansion. Furthermore, the federal backing may enhance investor confidence in AEP's long-term strategy, particularly as the energy landscape shifts towards more sustainable practices. The implications for the broader market include potential upward pressure on AEP's stock as investors react to the news. Additionally, the loan could catalyze further investments in the energy sector, encouraging other utilities to seek similar funding opportunities for infrastructure improvements. As the energy transition continues, AEP's proactive measures may position it favorably against competitors in the evolving market.

All 13 articles in the app →

Earnings history

QuarterReportedEPS actualEPS estimateSurprise
Q4 2026Dec 31, 20261.44
Q3 2026Oct 29, 20261.91
Q2 2026Jun 30, 20261.361.48-8.20%
Q1 2026Mar 31, 20261.641.57+4.61%
Q4 2025Dec 31, 20251.191.15+3.60%
Q3 2025Sep 30, 20251.801.81-0.28%
Q2 2025Jun 30, 20251.431.27+12.83%

Index membership

Chart, AI research and agents for AEP

Open AEP in Watchgar for the live chart, AI-graded news, insider and institutional flow, and automated trading agents. Free to start, no card required.

Open AEP in Watchgar