Ameren (NYSE:AEE) Issues Quarterly Earnings Results

Ameren (NYSE:AEE) issued its quarterly earnings data on Thursday. The utilities provider reported $0.77 earnings per share for the quarter, missing the consensus estimate of $0.83 by ($0.06), RTT News reports. Ameren had a return on equity of 10.09% and a net margin of 15.52%. During the same period in the prior year, the firm earned $0.60 EPS. Ameren updated its FY 2025 guidance to 4.850-5.050 EPS.

Ameren Stock Performance

Shares of NYSE AEE traded up $1.09 during mid-day trading on Thursday, hitting $98.35. The stock had a trading volume of 2,628,964 shares, compared to its average volume of 1,449,381. The company has a 50 day moving average of $91.79 and a two-hundred day moving average of $88.17. The firm has a market cap of $26.25 billion, a PE ratio of 23.14, a PEG ratio of 2.98 and a beta of 0.49. The company has a debt-to-equity ratio of 1.37, a quick ratio of 0.41 and a current ratio of 0.63. Ameren has a twelve month low of $67.68 and a twelve month high of $98.69.

Ameren Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Tuesday, March 11th will be given a $0.71 dividend. This represents a $2.84 annualized dividend and a dividend yield of 2.89%. This is an increase from Ameren’s previous quarterly dividend of $0.67. The ex-dividend date of this dividend is Tuesday, March 11th. Ameren’s dividend payout ratio is presently 63.06%.

Analysts Set New Price Targets

Several brokerages have weighed in on AEE. Morgan Stanley boosted their price objective on Ameren from $86.00 to $94.00 and gave the stock an “equal weight” rating in a research note on Friday, December 13th. Barclays cut Ameren from an “overweight” rating to an “equal weight” rating and boosted their price objective for the stock from $88.00 to $95.00 in a research note on Monday, January 27th. BMO Capital Markets boosted their price objective on Ameren from $93.00 to $98.00 and gave the stock an “outperform” rating in a research note on Thursday, December 5th. Finally, Evercore ISI raised Ameren from an “in-line” rating to an “outperform” rating and upped their target price for the company from $89.00 to $104.00 in a research note on Tuesday, January 21st. One research analyst has rated the stock with a sell rating, four have issued a hold rating, six have given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, Ameren has a consensus rating of “Moderate Buy” and a consensus target price of $92.00.

Insiders Place Their Bets

In other Ameren news, CFO Michael L. Moehn sold 6,500 shares of the stock in a transaction dated Wednesday, November 20th. The stock was sold at an average price of $92.15, for a total transaction of $598,975.00. Following the sale, the chief financial officer now directly owns 205,171 shares of the company’s stock, valued at approximately $18,906,507.65. This trade represents a 3.07 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 0.42% of the stock is owned by insiders.

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.