iREIT+HOYA Capital is the premier income-focused investing service on Seeking Alpha. Our focus is on income-producing asset classes that offer the opportunity for sustainable portfolio income , diversification , and inflation hedging . Get started with a Free Two-Week Trial and take a look at our top ideas across our exclusive income-focused portfolios.Cryptocurrencies are back in full force after taking a backseat to AI over the past year, and that means speculation is starting to run rampant again. For ex ...

COLUMBUS, Ohio, Jan. 21, 2025 /PRNewswire/ -- The Board of Directors of American Electric Power (Nasdaq: AEP) has declared a regular quarterly cash dividend of 93 cents per share on the company's common stock.The dividend is payable March 10, 2025, to shareholders of record as of Feb. 10, 2025, and is the company's 459th consecutive quarterly common stock cash dividend. AEP has paid a cash dividend on its common stock every quarter since July 1910.About AEPOur team at American Electric Power (Nasdaq: AEP) i ...

Indiana Michigan Power Rockport Plant site identified as potential location for a Small Modular Reactor Following positive community discussions, Appalachian Power submits grant application to support permitting process at Joshua Falls site COLUMBUS, Ohio, Jan. 17, 2025 /PRNewswire/ -- American Electric Power (Nasdaq: AEP) is seeking grants from the U.S. Department of Energy (USDOE) to support the Early Site Permit (ESP) process for two potential Small Modular Reactor (SMR) sites. Through its Indiana Mich ...

Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering American Electric Power (AEP) , which belongs to the Zacks Utility - Electric Power industry.This utility has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the past two quarters of 2.78%.For the last reported quarter, AEP came out with earnings of $1.85 per ...

Group 1 - BofA Securities analyst Ross Fowler upgraded American Electric Power Company Inc (AEP) from Underperform to Buy and raised the price target from $98 to $104 following the announcement of a $2.8 billion sale of a 19.9% minority stake in its transmission holding assets [1][3] - The asset sale is viewed as a strategic move to meet external equity needs, with expectations for AEP to address equity overhang in the short term [2][4] - AEP's progress in strengthening its balance sheet and potential for EPS growth makes it an attractive investment opportunity [3][4] Group 2 - The proceeds from the asset sale are expected to primarily reduce debt in the short term, with a lowered forecast for equity needs to $2 billion in external issuance [4] - The internal dividend reinvestment plan is projected to require only $100 million annually to achieve 6% – 8% EPS growth through 2029 [2][4] - The revised EPS outlook is $5.83 for 2025, $6.26 for 2026, $6.80 for 2027, and $7.33 for 2028, aligning with AEP's guidance for average EPS accretion of $0.11 – $0.12 [4][5] Group 3 - AEP shares are trading higher by 1.20% at $94.63 [5]

A 50/50 strategic partnership between KKR and PSP Investments agrees to acquire 19.9% non-controlling equity interest in two AEP Transcos for $2.82 billion Transaction provides highly efficient financing to support AEP's five-year, $54 billion capital investment plan, enhance reliability for customers and strengthen balance sheetCOLUMBUS, Ohio, Jan. 9, 2025 /PRNewswire/ -- American Electric Power (Nasdaq: AEP) today announced a definitive agreement for a strategic partnership between KKR and PSP Investment ...

The S&P 500 notched a rip-roaring 53.2% gain in the two-year period from 2023 through 2024. Passive income collected from most dividend stocks during this period pales in comparison to the capital gains of the broader market.The best way to approach investing in dividend stocks isn't to try to keep pace with a red-hot rally, but rather to invest in balanced companies that have the potential to grow earnings over time and, in turn, their payouts to investors. The advantages of dividend stocks are put on disp ...

COLUMBUS, Ohio, Jan. 7, 2025 /PRNewswire/ -- American Electric Power (Nasdaq: AEP) has named Trevor I. Mihalik executive vice president and chief financial officer effective Jan. 20. He will succeed Chuck Zebula, who will serve as senior advisor to the chief executive officer before retiring in March. Mihalik's previous experience includes roles as group president, CFO, controller and chief accounting officer at Sempra. He will report to Bill Fehrman, AEP president and chief executive officer. Trevor Mi ...

Join iREIT® on Alpha today to get the most in-depth research that includes REITs, mREIT, Preferreds, BDCs, MLPs, ETFs, Builders, and Asset Managers. Our iREIT® Tracker provides data on over 250 tickers with our quality scores, buy targets, and trim targets.Brad, along with HOYA Capital, lead the investing group iREIT®+HOYA Capital. The service covers REITs, BDCs, MLPs, Preferreds, and other income-oriented alternatives. The team of analysts has a combined 100+ years of experience and includes a former hedge ...

Shares of eHealth, Inc. (EHTH) , an online health insurance marketplace operator, soared 45.1% last week after the company raised its 2024 guidance, citing robust performance during the Annual Enrollment Period (AEP). It witnessed substantial growth in Medicare applications and a record-high number of unassisted online submissions.eHealth exceeded expectations in telephonic and online conversion rates and leveraged strong consumer demand for its omnichannel platform. The platform connects users to more than ...