Q1 EPS Estimates for American Express Cut by Seaport Res Ptn

American Express (NYSE:AXP) – Seaport Res Ptn dropped their Q1 2025 EPS estimates for American Express in a report released on Friday, March 14th. Seaport Res Ptn analyst W. Ryan now forecasts 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.

AXP has been the topic of several other reports. Royal Bank of Canada boosted their price target on shares of American Express from $330.00 to $350.00 and gave the stock an “outperform” rating in a report on Monday, January 27th. HSBC boosted their price target on shares of American Express from $270.00 to $294.00 and gave the stock a “hold” rating in a report on Friday, January 24th. William Blair restated an “outperform” rating on shares of American Express in a report on Monday, January 27th. Compass Point cut their price target on shares of American Express from $325.00 to $309.00 and set a “neutral” rating on the stock in a report on Monday, January 27th. Finally, BTIG Research boosted their price target on shares of American Express from $266.00 to $270.00 and gave the stock a “sell” rating in a report on Friday, January 24th. Two equities research analysts have rated the stock with a sell rating, fifteen have given a hold rating and nine have given a buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $299.24.

American Express Trading Down 0.5 %

NYSE:AXP opened at $264.36 on Monday. The company has a debt-to-equity ratio of 1.64, a current ratio of 1.58 and a quick ratio of 1.57. The firm has a 50-day moving average of $300.85 and a 200-day moving average of $288.45. The company has a market cap of $185.72 billion, a PE ratio of 18.87, a PEG ratio of 1.41 and a beta of 1.21. American Express has a one year low of $214.51 and a one year high of $326.28.

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

Hedge Funds Weigh In On American Express

Hedge funds have recently modified their holdings of the stock. Norges Bank purchased a new stake in American Express during the fourth quarter valued at $1,785,867,000. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main raised its stake in shares of American Express by 463.3% in the fourth quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 4,357,487 shares of the payment services company’s stock valued at $1,293,259,000 after acquiring an additional 3,583,959 shares during the period. Capital Research Global Investors grew its holdings in shares of American Express by 186.3% in the fourth quarter. Capital Research Global Investors now owns 2,986,710 shares of the payment services company’s stock worth $886,426,000 after purchasing an additional 1,943,463 shares during the last quarter. Kovitz Investment Group Partners LLC grew its holdings in shares of American Express by 346.2% in the fourth quarter. Kovitz Investment Group Partners LLC now owns 2,021,873 shares of the payment services company’s stock worth $600,072,000 after purchasing an additional 1,568,747 shares during the last quarter. Finally, Proficio Capital Partners LLC grew its holdings in shares of American Express by 36,719.1% in the fourth quarter. Proficio Capital Partners LLC now owns 1,011,790 shares of the payment services company’s stock worth $300,289,000 after purchasing an additional 1,009,042 shares during the last quarter. Hedge funds and other institutional investors own 84.33% of the company’s stock.

Insiders Place Their Bets

In other news, Director Michael J. Angelakis purchased 3,700 shares of the company’s stock in a transaction on Friday, March 7th. The stock was acquired at an average cost of $269.89 per share, for a total transaction of $998,593.00. Following the completion of the transaction, the director now directly owns 3,700 shares in the company, valued at $998,593. This trade represents a ∞ increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, insider Raymond Joabar sold 15,179 shares of the company’s stock in a transaction that occurred on Tuesday, January 28th. The stock was sold at an average price of $313.94, for a total transaction of $4,765,295.26. Following the completion of the transaction, the insider now owns 23,866 shares of the company’s stock, valued at approximately $7,492,492.04. The trade was a 38.88 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 0.12% of the company’s stock.

American Express Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 9th. Investors of record on Friday, April 4th will be given a dividend of $0.82 per share. This represents a $3.28 annualized dividend and a yield of 1.24%. This is a positive change from American Express’s previous quarterly dividend of $0.70. The ex-dividend date is Friday, April 4th. American Express’s payout ratio is 23.41%.

American Express Company Profile

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.