American Express Company (NYSE:AXP) Given Consensus Recommendation of “Moderate Buy” by Brokerages

American Express Company (NYSE:AXP) has earned an average rating of “Moderate Buy” from the twenty-three research firms that are currently covering the stock, MarketBeat.com reports. One analyst has rated the stock with a sell rating, eleven have assigned a hold rating, nine have assigned a buy rating and two have given a strong buy rating to the company. The average 12 month target price among brokers that have issued a report on the stock in the last year is $366.95.

Several research analysts have weighed in on AXP shares. DZ Bank raised American Express from a “hold” rating to a “buy” rating and set a $375.00 price target on the stock in a research report on Thursday, June 18th. Barclays cut their price objective on American Express from $323.00 to $322.00 and set an “equal weight” rating for the company in a report on Friday, April 24th. Piper Sandler assumed coverage on shares of American Express in a research note on Monday, June 29th. They issued an “overweight” rating and a $396.00 target price for the company. The Goldman Sachs Group boosted their target price on shares of American Express from $360.00 to $400.00 and gave the stock a “buy” rating in a report on Tuesday, April 28th. Finally, Bank of America upped their price target on shares of American Express from $381.00 to $387.00 and gave the stock a “buy” rating in a research report on Friday, April 24th.

Institutional Investors Weigh In On American Express

Several hedge funds have recently bought and sold shares of the company. Cedar Mountain Advisors LLC increased its position in American Express by 58.3% during the second quarter. Cedar Mountain Advisors LLC now owns 95 shares of the payment services company’s stock worth $32,000 after buying an additional 35 shares during the last quarter. CX Institutional raised its stake in American Express by 6.7% in the second quarter. CX Institutional now owns 39,810 shares of the payment services company’s stock valued at $13,466,000 after buying an additional 2,488 shares during the period. SWP Investment Management LLC lifted its position in shares of American Express by 3.8% in the second quarter. SWP Investment Management LLC now owns 9,908 shares of the payment services company’s stock valued at $3,351,000 after buying an additional 360 shares during the last quarter. Eastern Bank boosted its stake in shares of American Express by 2.6% during the 2nd quarter. Eastern Bank now owns 130,240 shares of the payment services company’s stock worth $44,054,000 after acquiring an additional 3,260 shares during the period. Finally, Roxbury Financial LLC boosted its stake in shares of American Express by 74.3% during the 2nd quarter. Roxbury Financial LLC now owns 251 shares of the payment services company’s stock worth $85,000 after acquiring an additional 107 shares during the period. 84.33% of the stock is currently owned by institutional investors and hedge funds.

American Express News Roundup

Here are the key news stories impacting American Express this week:

• Positive Sentiment: American Express was highlighted in multiple articles as an attractive value and momentum stock, with Zacks and other outlets pointing to strong earnings/price momentum and undervaluation versus peers. Article Title
• Positive Sentiment: News that American Express is expanding its premium-card ecosystem beyond airports and into festivals and sporting events reinforces its appeal to affluent customers who generate high spending and fee revenue. Article Title
• Positive Sentiment: Tripadvisor said it will sell TheFork to American Express for $700 million in cash, a deal that suggests AmEx is still actively investing to broaden its travel and membership offerings. Article Title
• Neutral Sentiment: Several articles focused on valuation comparisons and sector commentary rather than a direct company-specific catalyst, including comparisons of AXP versus Intercorp Financial Services and Mastercard. Article Title
• Neutral Sentiment: American Express is approaching its next earnings report, with Wall Street expecting mid-single-digit EPS growth; this keeps attention on fundamentals but does not yet provide a new earnings result. Article Title
• Negative Sentiment: One analysis argued Mastercard may be the safer choice because it has more fee-based, risk-light economics, implicitly reminding investors that American Express carries more credit exposure and sensitivity to consumer health. Article Title

American Express Trading Down 0.1%

American Express stock opened at $351.66 on Monday. The company has a market cap of $239.95 billion, a price-to-earnings ratio of 21.94, a P/E/G ratio of 1.45 and a beta of 1.04. The firm has a 50-day moving average of $322.50 and a 200-day moving average of $332.93. The company has a debt-to-equity ratio of 1.73, a current ratio of 1.57 and a quick ratio of 1.56. American Express has a one year low of $288.34 and a one year high of $387.49.

American Express (NYSE:AXP) last released its earnings results on Thursday, April 23rd. The payment services company reported $4.28 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.01 by $0.27. American Express had a return on equity of 33.95% and a net margin of 15.13%.The business had revenue of $14.21 billion for the quarter, compared to analyst estimates of $18.60 billion. During the same quarter in the prior year, the company posted $3.64 earnings per share. American Express’s revenue was up 11.4% on a year-over-year basis. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. On average, equities analysts expect that American Express will post 17.65 earnings per share for the current fiscal year.

American Express Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, August 10th. Stockholders of record on Thursday, July 2nd will be paid a dividend of $0.95 per share. The ex-dividend date is Thursday, July 2nd. This represents a $3.80 annualized dividend and a dividend yield of 1.1%. American Express’s payout ratio is currently 23.71%.

About American Express

American Express is a global financial services company primarily known for its payment card products, travel services and merchant network. Founded in 1850 as an express mail business, the company evolved through the 20th century into a payments and travel-focused organization. Its core activities include issuing consumer and commercial charge and credit cards, operating a global card acceptance and processing network, and providing travel-related services and customer loyalty programs.

American Express issues a range of products for individuals, small businesses and large corporations, including personal cards, business and corporate cards, and co‑brand partnerships with airlines, hotels and retailers.