Ameren (NYSE:AEE) Issues FY25 Earnings Guidance

Ameren (NYSE:AEE) updated its FY25 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of $4.85-5.05 for the period, compared to the consensus estimate of $4.92. Ameren also updated its FY 2024 guidance to 4.550-4.690 EPS.

Analyst Ratings Changes

Several equities analysts have issued reports on the company. Morgan Stanley lifted their price objective on Ameren from $81.00 to $85.00 and gave the company an “equal weight” rating in a research report on Wednesday, September 25th. Mizuho raised shares of Ameren from a “neutral” rating to an “outperform” rating and increased their price objective for the stock from $82.00 to $89.00 in a report on Monday, September 16th. Bank of America increased their price target on shares of Ameren from $86.00 to $87.00 and gave the company a “neutral” rating in a research note on Thursday, August 29th. Barclays upped their price objective on Ameren from $77.00 to $88.00 and gave the stock an “overweight” rating in a report on Tuesday, October 15th. Finally, BMO Capital Markets boosted their target price on Ameren from $84.00 to $87.00 and gave the stock an “outperform” rating in a research report on Tuesday, August 6th. One analyst has rated the stock with a sell rating, six have assigned a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $87.80.

Ameren Stock Performance

NYSE:AEE traded up $3.64 during mid-day trading on Friday, hitting $90.19. The stock had a trading volume of 2,268,955 shares, compared to its average volume of 1,591,171. The company has a debt-to-equity ratio of 1.40, a quick ratio of 0.45 and a current ratio of 0.67. The company’s 50 day simple moving average is $86.35 and its 200 day simple moving average is $79.02. The stock has a market cap of $24.05 billion, a price-to-earnings ratio of 21.24, a PEG ratio of 2.89 and a beta of 0.45. Ameren has a twelve month low of $67.03 and a twelve month high of $90.59.

Ameren Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 31st. Investors of record on Wednesday, December 11th will be paid a $0.67 dividend. This represents a $2.68 dividend on an annualized basis and a yield of 2.97%. The ex-dividend date is Wednesday, December 11th. Ameren’s dividend payout ratio (DPR) is presently 63.06%.

Insider Buying and Selling at Ameren

In related news, EVP Chonda J. Nwamu sold 1,610 shares of the company’s stock in a transaction dated Wednesday, August 28th. The shares were sold at an average price of $81.94, for a total value of $131,923.40. Following the transaction, the executive vice president now owns 44,432 shares in the company, valued at approximately $3,640,758.08. This represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.42% of the company’s stock.

Ameren Company Profile

Ameren Corporation, together with its subsidiaries, operates as a public utility holding company in the United States. The company operates through four segments: Ameren Missouri, Ameren Illinois Electric Distribution, Ameren Illinois Natural Gas, and Ameren Transmission. It engages in the rate-regulated electric generation, transmission, and distribution activities; and rate-regulated natural gas distribution business.