Ameren (NYSE:AEE) Releases 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.

Ameren Price Performance

NYSE AEE traded up $3.64 on Friday, reaching $90.19. 2,268,955 shares of the stock traded hands, compared to its average volume of 1,591,171. The company has a quick ratio of 0.45, a current ratio of 0.67 and a debt-to-equity ratio of 1.40. The company has a market cap of $24.05 billion, a price-to-earnings ratio of 21.24, a P/E/G ratio of 2.89 and a beta of 0.45. The firm’s fifty day simple moving average is $86.35 and its 200 day simple moving average is $79.02. Ameren has a 12 month low of $67.03 and a 12 month high of $90.59.

Ameren Dividend Announcement

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

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on the company. Wells Fargo & Company lifted their price target on Ameren from $91.00 to $96.00 and gave the stock an “overweight” rating in a research note on Friday, September 20th. Argus upgraded shares of Ameren to a “strong-buy” rating in a report on Thursday, September 19th. UBS Group started coverage on shares of Ameren in a research note on Friday, July 19th. They issued a “buy” rating and a $87.00 price objective for the company. Mizuho upgraded Ameren from a “neutral” rating to an “outperform” rating and increased their target price for the company from $82.00 to $89.00 in a report on Monday, September 16th. Finally, Bank of America lifted their price target on Ameren from $86.00 to $87.00 and gave the company a “neutral” rating in a report on Thursday, August 29th. One analyst has rated the stock with a sell rating, six have given a hold rating, six have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $87.80.

Insiders Place Their Bets

In other news, EVP Chonda J. Nwamu sold 1,610 shares of the firm’s stock in a transaction dated Wednesday, August 28th. The stock was sold at an average price of $81.94, for a total value of $131,923.40. Following the sale, the executive vice president now directly owns 44,432 shares of the company’s stock, valued at approximately $3,640,758.08. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company 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.