American Express Company (AXP)
| Market Cap | 136.52B |
| Revenue (ttm) | 54.38B |
| Net Income (ttm) | 8.01B |
| Shares Out | 728.75M |
| EPS (ttm) | 10.67 |
| PE Ratio | 17.56 |
| Forward PE | 15.63 |
| Dividend | $2.40 (1.28%) |
| Ex-Dividend Date | Jan 4, 2024 |
| Volume | 1,913,062 |
| Open | 187.75 |
| Previous Close | 187.80 |
| Day's Range | 186.53 - 188.31 |
| 52-Week Range | 140.91 - 188.30 |
| Beta | 1.23 |
| Analysts | Hold |
| Price Target | 174.00 (-7.12%) |
| Earnings Date | Jan 26, 2024 |
About AXP
American Express Company, together with its subsidiaries, provides charge and credit payment card products, and travel-related services worldwide. The company operates through three segments: Global Consumer Services Group, Global Commercial Services, and Global Merchant and Network Services. Its products and services include payment and financing products; network services; accounts payable expense management products and services; and travel and lifestyle services. The company's products and services also comprise merchant acquisition and pro... [Read more]
Financial Performance
In 2022, AXP's revenue was $50.68 billion, an increase of 15.71% compared to the previous year's $43.80 billion. Earnings were $7.51 billion, a decrease of -6.77%.
Financial StatementsAnalyst Forecast
According to 20 analysts, the average rating for AXP stock is "Hold." The 12-month stock price forecast is $174.0, which is a decrease of -7.12% from the latest price.
News
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American Express outpaces the market, but the signals are a mixed bag
American Express Company (NYSE:AXP) gave a stellar performance this year. AXP's total returns of more than 25.59% outpaced the S&P 500 at 25.08% and the Dow Jones at 13.80%.
Up 25% YTD, What To Expect From American Express Stock?
American Express' stock (NYSE: AXP) has gained 25% YTD, as compared to the 24% rise in the S&P500 over the same period. Further, it is currently trading at $185 per share, which is just above its fair...
American Express, Mastercard, Visa draw neutral rating at Monness Crespi Hardt initiates coverage
Monness Crespi Hardt & Co. on Wednesday launched coverage of American Express Co. AXP, +1.64%, Mastercard Inc. MA, +0.25% and Visa Inc. V, +0.63%, all with neutral ratings. While the three companies h...
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Amex Aims to Onboard Thousands of Small Australian Merchants
American Express has launched a campaign to increase acceptance of its cards in Australia. The company's OptBlue program is set to onboard “thousands” of small merchants onto American Express's networ...
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American Express Plans Live Audio Webcast of Fourth Quarter 2023 Earnings Conference Call
NEW YORK--(BUSINESS WIRE)--American Express Company (NYSE: AXP) plans to host a live audio webcast of its earnings conference call at 8:30 a.m. (ET) on Friday, January 26, 2024, to discuss fourth-quar...
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American Express Launches New Rewards Program in India
American Express has launched Reward Xcelerator, a new initiative aimed at strengthening its Membership Rewards program in India. This program offers Platinum Charge cardmembers the opportunity to ear...
American Express Declares Regular Quarterly Dividend
NEW YORK--(BUSINESS WIRE)--The Board of Directors of American Express Company (NYSE: AXP) has declared a regular quarterly dividend of $0.60 per common share, payable on February 9, 2024, to sharehold...
Amex's stock falls as company says October trends softened
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American Express, Mastercard and Others Behind New Standards for Enterprise AI Data Purity
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Here's why analyst Richard Bove thinks the return of ‘the Goldman Sachs of old' is the right move
While Goldman Sachs Group Inc. has drawn criticism from inside the bank and elsewhere for retreating from its consumer banking business, Odeon Capital banking analyst Richard Bove said the marquee inv...
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American Express Allows Spending of Reward Dollars on Amazon
American Express cash-back cardholders can now spend their Reward Dollars on Amazon. With eligible cards, they can do so while getting the same value for their Reward Dollars as a statement credit, CN...
American Express Returns to Miami with PLAY by American Express Platinum, A One-of-a-Kind Interactive Gallery during Art Week
NEW YORK--(BUSINESS WIRE)--This year American Express (NYSE:AXP) returns to Miami with a one-of-a-kind, interactive gallery called PLAY by American Express Platinum during Art Week. In collaboration w...
American Express initiated Overweight at Barclays
The "Halftime Report" traders debate the biggest analyst calls of the day.
American Express Chairman and CEO Stephen J. Squeri to Participate in Goldman Sachs U.S. Financial Services Conference
NEW YORK--(BUSINESS WIRE)--American Express Company (NYSE: AXP) Chairman and Chief Executive Officer Stephen J. Squeri will participate in the Goldman Sachs U.S. Financial Services Conference in New Y...
American Express Travel's 2024 Trending Destinations Highlight Off the Beaten Path Vacation Spots
NEW YORK--(BUSINESS WIRE)--American Express Travel® released its annual Trending Destinations list for 2024 today, featuring the 10 must-visit vacation spots based on global American Express® Card Mem...
Want To Make Money While You Sleep? Here Are Warren Buffett's Top Dividend Picks - Coca-Cola (NYSE:KO), American Express (NYSE:AXP)
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Neon Money Club Introduces the Cream Card on the American Express Network
NEW YORK--(BUSINESS WIRE)--Neon Money Club, a digital financial wellness and investment platform, today announced the launch of the Neon Money Club Cream American Express Card. This is the next step i...
American Express Declares Dividend on Series D Preferred Stock
NEW YORK--(BUSINESS WIRE)--The Board of Directors of American Express Company (NYSE: AXP) declared a quarterly dividend on the Company's 3.550% Fixed Rate Reset Noncumulative Preferred Shares, Series ...
American Express Stock Bolstered by Resilient Economy. Citi Drops Bearish Stance.
Citigroup analysts upgraded Amex stock to Neutral from Sell while raising their price target to $154 from $143.