Ameren (NYSE:AEE – Get Free Report) issued an update on its FY 2027 earnings guidance on Monday morning. The company provided earnings per share guidance of 5.700-5.900 for the period, compared to the consensus earnings per share estimate of 5.810.
Ameren Price Performance
Shares of AEE stock traded up $1.32 during mid-day trading on Monday, reaching $114.17. The company’s stock had a trading volume of 2,276,289 shares, compared to its average volume of 1,748,497. The company has a debt-to-equity ratio of 1.43, a quick ratio of 0.54 and a current ratio of 0.74. The firm’s 50-day moving average is $104.89 and its two-hundred day moving average is $108.51. Ameren has a 1-year low of $96.57 and a 1-year high of $118.32. The company has a market cap of $31.61 billion, a P/E ratio of 19.86, a PEG ratio of 3.29 and a beta of 0.42.
Ameren (NYSE:AEE – Get Free Report) last posted its earnings results on Thursday, November 5th. The utilities provider reported $2.42 earnings per share for the quarter, beating analysts’ consensus estimates of $2.29 by $0.13. The business had revenue of $2.88 billion for the quarter, compared to analysts’ expectations of $2.82 billion. Ameren had a net margin of 17.90% and a return on equity of 11.27%. The firm’s revenue for the quarter was up 6.8% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.17 earnings per share. On average, research analysts predict that Ameren will post 5.41 earnings per share for the current year.
Ameren Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 31st. Stockholders of record on Tuesday, December 8th will be paid a $0.75 dividend. This represents a $3.00 annualized dividend and a dividend yield of 2.6%. The ex-dividend date is Tuesday, December 8th. Ameren’s dividend payout ratio is currently 52.17%.
Analyst Upgrades and Downgrades
AEE has been the subject of a number of recent research reports. Bank of America dropped their target price on Ameren from $113.00 to $107.00 and set a “neutral” rating for the company in a report on Wednesday, October 21st. Scotiabank started coverage on Ameren in a research note on Tuesday, September 29th. They issued a “sector perform” rating and a $104.00 price target on the stock. Wall Street Zen lowered Ameren from a “hold” rating to a “sell” rating in a research note on Sunday, October 25th. HSBC started coverage on Ameren in a research report on Thursday, October 22nd. They issued a “buy” rating and a $119.10 price target on the stock. Finally, Truist Financial dropped their price objective on Ameren from $120.00 to $116.00 and set a “buy” rating for the company in a research note on Wednesday, October 14th. Thirteen analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $117.95.
Get Our Latest Stock Report on AEE
Insider Transactions at Ameren
In other news, SVP Theresa Shaw sold 325 shares of the business’s stock in a transaction that occurred on Friday, August 14th. The stock was sold at an average price of $108.93, for a total value of $35,402.25. Following the transaction, the senior vice president directly owned 32,340 shares of the company’s stock, valued at $3,522,796.20. The trade was a 0.99% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Michael Moehn sold 6,500 shares of the stock in a transaction that occurred on Tuesday, November 3rd. The stock was sold at an average price of $110.72, for a total value of $719,680.00. Following the sale, the insider owned 193,790 shares in the company, valued at approximately $21,456,428.80. This trade represents a 3.25% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 7,073 shares of company stock valued at $781,254 in the last three months. 0.29% of the stock is owned by corporate insiders.
About Ameren
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