|Bid||168.69 x 1000|
|Ask||168.66 x 1000|
|Day's range||164.49 - 169.85|
|52-week range||130.65 - 182.15|
|Beta (5Y monthly)||1.18|
|PE ratio (TTM)||17.71|
|Forward dividend & yield||2.40 (1.47%)|
|Ex-dividend date||06 Jul 2023|
|1y target est||N/A|
Transferring travel rewards can unlock huge value and great travel opportunities. Here's what to expect.
Shares of many bank stocks moved higher today as Congress passed the debt ceiling bill last night and the market reacted positively to the May jobs report released this morning. Shares of the credit card and payments company American Express (NYSE: AXP) traded roughly 4% higher as of 12:32 p.m. ET today. Meanwhile, shares of PacWest Bancorp (NASDAQ: PACW) traded nearly 14% higher, while shares of KeyCorp (NYSE: KEY) were up about 6%.
American Express (NYSE: AXP) has been posting solid results of late, but investors are worried about how long that can last if the economy slows ahead. AmEx, a financial services company historically known primarily for catering to the rich, has done a good job in recent years expanding its reach to a broader slice of the market and growing profits in the process. The Federal Reserve's aggressive moves to push interest rates higher threatens to slow economic growth and make it harder for consumers to pay their bills.
It's been a tough year for American Express (NYSE: AXP) investors. While the S&P 500 has gained more than 8% since the end of 2022, shares of the credit card company are up an anemic 2.3% thanks to a sizable sell-off from February's peak. Just don't come to any sweeping, long-term conclusions about American Express based on the stock's short-term performance.
American Express (NYSE: AXP) saw its share price rise today, as it was up 3.7% as of 12:20 p.m. ET on Friday. The primary catalyst on Friday for the credit card provider was favorable comments from a major stock market analyst. Morgan Stanley's Betsy Graseck reiterated her $188 per-share price target for the investment banking firm in a research note on Friday and maintained an overweight rating.
In the Oracle of Omaha's view, diversification is only necessary if you don't know what you're doing.
Anna Marrs, American Express Group President of Global Commercial Services and Credit & Fraud Risk, joins Yahoo Finance Live to discuss how the market is impacting small business lending.
Consumers trust American Express more than any other credit card company. Find out why and see if you should get one of its credit cards.
Higher loan volumes are likely to keep boosting American Express' (AXP) U.S. Consumer Services segment.
Certain types of credit cards aren't always easy to use internationally. Find out why you should always have a Visa or Mastercard when traveling abroad.
Two Berkshire Hathaway holdings are solid long-term holdings, while another Buffett favorite should be avoided in the short term.
Dividend stocks are always valuable for an investing portfolio, since they provide income regardless of what happens to the stock price. For great dividend stocks with high yields, cheap prices, and reliable performance, I recommend Home Depot (NYSE: HD), Williams-Sonoma (NYSE: WSM), and American Express (NYSE: AXP).
Owl Rock Capital (ORCC) Q1 results reflect record high net investment income on the back of increased portfolio average yield, partially offset by an increase in operating expenses.
The integrated-payments network is serving up double-digit revenue growth and aggressively buying back its stock.
It may be a short time in this one media stock for the Oracle of Omaha.
These companies manage to keep growing and generating excess profits, which is admirable given their age and size.
American Express, or "Amex", credit cards have made their way into millions of wallets since they first landed in Britain in 1963. Sixty years on and there are still tricks little known to most users that can boost your points far more than you might think.
Warren Buffett to investors: In business, it's best not let your emotions get ahead of you.
Warren Buffett will take center stage on Saturday, May 6 as Berkshire Hathaway (BRK-A) hosts its annual shareholders meeting in Omaha, Nebraska. The event has been dubbed the ‘Woodstock of Capitalism’, drawing attention from a wide range of investors, market watchers, and economists, all hoping to get a glimpse of the magic that inspired Buffett’s legendary career. Yahoo Finance is on the ground in Omaha with special coverage of the 2023 Berkshire Hathaway Annual Shareholders Meeting. Here are the top 3 things we’re watching for ahead of Saturday’s big event: Buffett’s comments on the banking crisis The state of the U.S. economy Warren Buffett’s top stock picks
American Express CEO Stephen Squeri has formed a tight bond with the company's largest shareholder Warren Buffett.
According to the Oracle of Omaha, portfolio diversification is only necessary if you don't know what you're doing.
Warren Buffett bought Apple for the first time in 2016, years after "everyone" knew the company had a hit with the iPhone. Since then, Apple stock more than quintupled.
Warren Buffett, Berkshire Hathaway (BRK-A) CEO, is a legendary investor and business magnate who is widely regarded as one of the most successful investors in history. With a net worth of more than $100 billion, recent stock purchases over the last 15 years have helped Buffett’s wealth massively increase. So what exactly is his investment philosophy? It’s centered around the principle of value investing, which involves finding undervalued companies that focus on long-term earnings rather than short-term growth. In other words, rather than buying stocks, he buys businesses that have a competitive advantage. This approach has made him one of the most successful investors in history, and anyone can invest like him by following his strategies. Yahoo Finance's Josh Schafer zeroes in on the big companies Warren Buffett invests in, including Costco (COST) and Coca-Cola (KO), and breaks down why his investment strategy works, but also, can sometimes cause him to miss out on some big winners.
JPMorgan Chase's rescue of First Republic did little to shore up confidence in the banking sector today.
American Express, Enbridge, Micron Technology, Old Dominion Freight Line and Nordson are included in this Analyst Blog.