American Express Company (AXP)
Market Cap | 174.57B |
Revenue (ttm) | 56.90B |
Net Income (ttm) | 9.00B |
Shares Out | 719.30M |
EPS (ttm) | 12.14 |
PE Ratio | 20.00 |
Forward PE | 18.17 |
Dividend | $2.80 (1.15%) |
Ex-Dividend Date | Jul 5, 2024 |
Volume | 1,202,405 |
Open | 242.80 |
Previous Close | 241.32 |
Day's Range | 241.90 - 243.21 |
52-Week Range | 140.91 - 243.54 |
Beta | 1.20 |
Analysts | Buy |
Price Target | 210.38 (-13.36%) |
Earnings Date | Apr 19, 2024 |
About AXP
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. The company's products and services include credit card, charge card, banking, and other payment and financing products; network services; exp... [Read more]
Financial Performance
In 2023, AXP's revenue was $55.59 billion, an increase of 9.69% compared to the previous year's $50.68 billion. Earnings were $8.37 billion, an increase of 11.45%.
Financial StatementsAnalyst Forecast
According to 22 analysts, the average rating for AXP stock is "Buy." The 12-month stock price forecast is $210.38, which is a decrease of -13.36% from the latest price.
News
American Express to Participate in Upcoming Investor Conferences
NEW YORK--(BUSINESS WIRE)--American Express Company (NYSE: AXP) today announced its participation in upcoming investor conferences. On Thursday, May 30, 2024, Chairman and CEO Stephen J. Squeri will p...
Behind America's divided economy: Booming luxury travel and a jump in 'relief' loans
Consumers are acting vastly different depending on income level.
American Express Introduces Business Card for Nigerian Users
American Express is rolling out a business credit card in Nigeria, its first such product in the country.
American Express Declares Dividend on Series D Preferred Stock and Regular Quarterly Dividend
NEW YORK--(BUSINESS WIRE)--The Board of Directors of American Express Company (NYSE: AXP) has declared a quarterly dividend on the Company's 3.550% Fixed Rate Reset Noncumulative Preferred Shares, Ser...
American Express GBT: Global Multinationals Increase Their Business Travel
American Express Global Business Travel (Amex GBT) saw global multinational customers increase their business travel during the first quarter.
American Express CEO Steve Squeri sits down with Jim Cramer
Steve Squeri, American Express Chairman and CEO, joins 'Mad Money' host Jim Cramer to talk generational trends in spending, the state of the consumer, and much more.
Our credit numbers continue to be best in class, says American Express CEO
Steve Squeri, American Express Chairman and CEO, joins 'Mad Money' host Jim Cramer to talk generational trends in spending, the state of the consumer, and much more.
American Express CEO explains how the company is attracting younger consumers
American Express CEO Steve Squeri told CNBC's Jim Cramer on Tuesday that Millennial and Gen Z customers made up 60% of new card acquisitions.
Neutral to Bullish on FSLR, AXP, GOOGL
First Solar (FSLR), American Express (AXP), and Alphabet (GOOGL) are today's big three stocks. Jessica Inskip and Ben Lichtenstein discuss how to trade, as well as the technical trends of these names.
Q1 Earnings Surge: Is American Express Headed for $250?
American Express (NYSE:AXP) impressed investors with its Q1 2024 earnings report released on April 19th. The company showcased robust growth, with revenue climbing 11% to $15.8 billion and earnings pe...
American Express and Delta Air Lines® Bring Back Popular Airplane Metal Card Design
NEW YORK--(BUSINESS WIRE)--American Express (NYSE: AXP) and Delta Air Lines® (NYSE: DAL) today unveiled the next iteration of the limited-edition Boeing 747 Delta SkyMiles® Reserve Card design. Follow...
Here's why American Express (AXP) stock is beating Visa, Mastercard
American Express (NYSE: AXP) stock price is severely outperforming that of Visa (NYSE: V) and Mastercard (NYSE: MA) in 2024. Its total return has jumped by over 25% this year while Visa and Mastercard...
Chart Master: Getting a technical look at Charles Schwab and American Express
Carter Worth, Worth Charting, joins 'Fast Money' to get technical with two financial stocks.
AXP Rises After Earnings: Best Positioned Credit Card Stocks
American Express (AXP) rises after beating earnings. The Sevens Report's Tom Essaye and Morningstar's Michael Miller discuss this as American Express' 1Q revenue grew 11% year-over-year.
Netflix (NFLX) Pulls Back & American Express (AXP) Rises After Earnings
Netflix (NFLX) pulls back after earnings. Jenny Horne discusses this as Netflix is to stop reporting quarterly membership numbers in 1Q 2025.
60% of New Amex Accounts Are Opened by Gen Z, Millennials
Younger, affluent consumers are showing notable resilience when it comes to spending on experiences and travel — and using their credit cards to do so. To that end, Amex said Friday (April 19) that th...
American Express Posts Earnings Beat, Affirms 2024 Growth Projections
American Express (AXP) on Friday reported first-quarter revenue and profit that came in above analyst expectations, and affirmed full-year growth guidance for 2024.
American Express has the best credit quality compared to other credit card issuers: CFRA's Yokum
Alexander Yokum, CFRA Research banking analyst, joins 'Squawk Box' to break down American Express' quarterly earnings results, the state of the consumer, and more.
American Express' Q1 revenue starts strong with an 11% increase
American Express on April 19 reported an 11% increase to $15.8 billion in its FY24's first-quarter revenue as compared with $14.3 billion in the previous year. The EPS also saw an increase of 39% to $...
American Express beats profit estimates on strong spending by wealthy customers
American Express's first-quarter profit vaulted past Wall Street estimates on Friday, driven by an affluent customer base that increased spending as recession fears receded.
Amex sees 7% boost in card spending as profit crushes estimates
American Express Co. saw an acceleration in new card acquisitions during the latest quarter, and it recorded a profit beat for that period.
American Express First-Quarter Revenue Increased 11% to $15.8 Billion and EPS Increased 39% to $3.33, Reflecting Continued Business Momentum
NEW YORK--(BUSINESS WIRE)--American Express Company (NYSE: AXP) today reported first-quarter net income of $2.4 billion, or $3.33 per share, compared with net income of $1.8 billion, or $2.40 per shar...
American Express Stock Is Up 17% YTD, What To Expect From Q1?
American Express (NYSE: AXP) is scheduled to report its fiscal Q1 2024 results on Friday, April 19, 2024. We expect American Express AXP to top the consensus estimates of revenues and earnings.