Wells Fargo has initiated coverage on American Electric Power Company Inc (AEP) with an Overweight rating as of October 27, 2025. The current share price stands at $122.72.
Based in Columbus, Ohio, American Electric Power engages in the generation, transmission, and distribution of electricity. The company serves over five million retail customers across multiple states, including Arkansas, Indiana, Kentucky, and Texas. Its operations are segmented into Vertically Integrated Utilities, Transmission and Distribution Utilities, AEP Transmission Holdco, and Generation & Marketing.
The company has a market capitalization of $64.9 billion, a price-to-earnings ratio (P/E) of 17.73, and earnings per share (EPS) of 6.83. The dividend yield is reported at 317.9%. Upcoming earnings are scheduled for July 27, 2026, with an estimated EPS of $1.52 and revenue of $5.4 billion.
Analyst consensus as of November 1, 2025, includes 3 Strong Buy, 9 Buy, 14 Hold, and 1 Sell ratings, indicating a general Buy sentiment among analysts. Recent actions include Wells Fargo's initiation of coverage and Morgan Stanley maintaining its Overweight rating.