Seaport Res Ptn Issues Negative Outlook for AXP Earnings

American Express (NYSE:AXP) – Equities researchers at Seaport Res Ptn cut their Q1 2025 earnings per share (EPS) estimates for shares of American Express in a report released on Friday, March 14th. Seaport Res Ptn analyst W. Ryan now anticipates that the payment services company will post earnings of $3.50 per share for the quarter, down from their previous forecast of $3.60. The consensus estimate for American Express’ current full-year earnings is $15.33 per share. Seaport Res Ptn also issued estimates for American Express’ FY2026 earnings at $17.65 EPS.

American Express (NYSE:AXP) last issued its quarterly earnings results on Friday, January 24th. The payment services company reported $3.04 earnings per share for the quarter, beating the consensus estimate of $3.00 by $0.04. American Express had a return on equity of 32.65% and a net margin of 15.36%.

Several other research analysts also recently weighed in on the company. Evercore ISI boosted their price target on American Express from $315.00 to $344.00 and gave the company an “in-line” rating in a report on Monday, January 27th. William Blair reiterated an “outperform” rating on shares of American Express in a report on Monday, January 27th. StockNews.com downgraded American Express from a “buy” rating to a “hold” rating in a report on Monday, January 27th. Monness Crespi & Hardt upped their price objective on American Express from $330.00 to $355.00 and gave the stock a “buy” rating in a report on Monday, January 27th. Finally, BTIG Research upped their price objective on American Express from $266.00 to $270.00 and gave the stock a “sell” rating in a report on Friday, January 24th. Two investment analysts have rated the stock with a sell rating, fifteen have given a hold rating and nine have assigned a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $299.24.

American Express Trading Up 3.7 %

Shares of AXP opened at $266.04 on Monday. The stock has a fifty day moving average of $301.59 and a two-hundred day moving average of $288.41. The company has a debt-to-equity ratio of 1.64, a quick ratio of 1.57 and a current ratio of 1.58. The company has a market capitalization of $186.90 billion, a PE ratio of 18.99, a price-to-earnings-growth ratio of 1.41 and a beta of 1.21. American Express has a fifty-two week low of $214.51 and a fifty-two week high of $326.27.

American Express Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 9th. Shareholders of record on Friday, April 4th will be given a $0.82 dividend. This is a boost from American Express’s previous quarterly dividend of $0.70. This represents a $3.28 dividend on an annualized basis and a yield of 1.23%. The ex-dividend date is Friday, April 4th. American Express’s dividend payout ratio is presently 23.41%.

Insider Activity

In other news, insider Raymond Joabar sold 15,179 shares of the company’s stock in a transaction dated Tuesday, January 28th. The shares were sold at an average price of $313.94, for a total value of $4,765,295.26. Following the sale, the insider now owns 23,866 shares in the company, valued at approximately $7,492,492.04. This represents a 38.88 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Ravikumar Radhakrishnan sold 9,485 shares of the company’s stock in a transaction dated Wednesday, February 5th. The shares were sold at an average price of $319.17, for a total transaction of $3,027,327.45. Following the completion of the sale, the insider now owns 13,500 shares in the company, valued at approximately $4,308,795. This trade represents a 41.27 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 0.12% of the company’s stock.

Institutional Investors Weigh In On American Express

Several institutional investors and hedge funds have recently bought and sold shares of the business. Geode Capital Management LLC raised its stake in American Express by 2.3% during the fourth quarter. Geode Capital Management LLC now owns 11,752,084 shares of the payment services company’s stock worth $3,484,312,000 after acquiring an additional 268,572 shares during the period. FMR LLC raised its stake in American Express by 8.5% during the third quarter. FMR LLC now owns 11,003,715 shares of the payment services company’s stock worth $2,984,208,000 after acquiring an additional 866,110 shares during the period. Fisher Asset Management LLC raised its stake in American Express by 1.1% during the fourth quarter. Fisher Asset Management LLC now owns 8,761,336 shares of the payment services company’s stock worth $2,600,277,000 after acquiring an additional 95,927 shares during the period. Northern Trust Corp raised its stake in American Express by 16.3% during the fourth quarter. Northern Trust Corp now owns 6,825,135 shares of the payment services company’s stock worth $2,025,632,000 after acquiring an additional 955,811 shares during the period. Finally, Norges Bank acquired a new stake in American Express during the fourth quarter worth about $1,785,867,000. Institutional investors and hedge funds own 84.33% of the company’s stock.

About American Express

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.