American Express (NYSE:AXP) Posts Earnings Results, Beats Expectations By $0.04 EPS

American Express (NYSE:AXP) posted its earnings results on Friday. The payment services company reported $3.04 earnings per share for the quarter, topping analysts’ consensus estimates of $3.00 by $0.04, Zacks reports. American Express had a return on equity of 32.46% and a net margin of 15.32%. American Express updated its FY 2025 guidance to 15.000-15.500 EPS.

American Express Price Performance

Shares of NYSE:AXP opened at $317.48 on Friday. The company has a 50 day moving average of $300.94 and a 200 day moving average of $273.70. The stock has a market cap of $223.65 billion, a P/E ratio of 23.34, a P/E/G ratio of 1.51 and a beta of 1.23. American Express has a 12 month low of $186.43 and a 12 month high of $326.27. The company has a current ratio of 1.63, a quick ratio of 1.63 and a debt-to-equity ratio of 1.80.

American Express Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, February 10th. Shareholders of record on Friday, January 3rd will be issued a dividend of $0.70 per share. This represents a $2.80 dividend on an annualized basis and a yield of 0.88%. The ex-dividend date is Friday, January 3rd. American Express’s payout ratio is presently 20.60%.

Insider Activity at American Express

In other news, CFO Caillec Christophe Le sold 6,000 shares of the business’s stock in a transaction on Wednesday, November 27th. The stock was sold at an average price of $303.48, for a total value of $1,820,880.00. Following the completion of the transaction, the chief financial officer now owns 6,433 shares in the company, valued at $1,952,286.84. The trade was a 48.26 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Vice Chairman Douglas E. Buckminster sold 13,111 shares of the firm’s stock in a transaction on Tuesday, October 29th. The stock was sold at an average price of $270.98, for a total value of $3,552,818.78. Following the completion of the transaction, the insider now directly owns 109,691 shares in the company, valued at approximately $29,724,067.18. This represents a 10.68 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.12% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on AXP shares. Morgan Stanley raised their target price on shares of American Express from $252.00 to $305.00 and gave the stock an “equal weight” rating in a research note on Thursday, December 19th. Wells Fargo & Company upped their target price on American Express from $300.00 to $340.00 and gave the stock an “overweight” rating in a research note on Friday, January 3rd. The Goldman Sachs Group boosted their price target on American Express from $270.00 to $300.00 and gave the stock a “buy” rating in a report on Monday, October 7th. TD Cowen raised their price objective on American Express from $260.00 to $268.00 and gave the company a “hold” rating in a research note on Monday, October 21st. Finally, StockNews.com upgraded shares of American Express from a “hold” rating to a “buy” rating in a research note on Saturday, January 11th. Three equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating and ten have issued a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $278.09.

Read Our Latest Stock Report on AXP

American Express Company Profile

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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. It operates through four segments: U.S. Consumer Services, Commercial Services, International Card Services, and Global Merchant and Network Services.

See Also

Earnings History for American Express (NYSE:AXP)

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