Somewhat Favorable News Coverage Somewhat Unlikely to Affect Ameren Corporation (AEE) Stock Price
Media headlines about Ameren Corporation (NYSE:AEE) have been trending somewhat positive recently, according to Accern Sentiment. The research firm identifies positive and negative media coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Ameren Corporation earned a news sentiment score of 0.19 on Accern’s scale. Accern also assigned media headlines about the utilities provider an impact score of 46.3641832520639 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Here are some of the news stories that may have effected Accern Sentiment Analysis’s analysis:
- Ameren Corporation (AEE) share Price trades 7.98% off from 200- SMA – Voice Of Analysts (analystsbuzz.com)
- Daily Dividend Report: BMI, AEE, BRKR, OFC, TUP, CUB, KRG – Nasdaq (nasdaq.com)
- Ameren Corporation (AEE) Upgraded to Buy at BidaskClub (americanbankingnews.com)
- Shares Seesawing on Volume: Ameren Corp (AEE) – Sparta Review (spartareview.com)
- Ameren Corp (AEE) Declares $0.44 Quarterly Dividend; 3% Yield – StreetInsider.com (streetinsider.com)
A number of equities research analysts recently weighed in on the stock. BidaskClub upgraded shares of Ameren Corporation from a “hold” rating to a “buy” rating in a report on Friday. Morgan Stanley boosted their price target on shares of Ameren Corporation from $56.00 to $57.00 and gave the company an “overweight” rating in a report on Thursday, August 10th. Barclays PLC lowered shares of Ameren Corporation from an “overweight” rating to an “equal weight” rating and reduced their price target for the company from $60.00 to $58.00 in a report on Thursday, May 25th. Goldman Sachs Group, Inc. (The) lowered shares of Ameren Corporation from a “neutral” rating to a “sell” rating and set a $51.00 price target for the company. in a report on Monday, June 26th. Finally, Zacks Investment Research lowered shares of Ameren Corporation from a “hold” rating to a “sell” rating in a report on Tuesday, April 18th. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and two have given a buy rating to the stock. Ameren Corporation currently has an average rating of “Hold” and a consensus price target of $55.20.
Ameren Corporation (NYSE AEE) traded up 0.65% on Tuesday, hitting $58.83. 1,178,148 shares of the company traded hands. Ameren Corporation has a 12 month low of $46.84 and a 12 month high of $58.83. The firm has a market capitalization of $14.27 billion, a P/E ratio of 20.59 and a beta of 0.36. The stock’s 50-day moving average is $55.95 and its 200 day moving average is $55.18.
Ameren Corporation (NYSE:AEE) last issued its earnings results on Friday, August 4th. The utilities provider reported $0.79 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.69 by $0.10. The firm had revenue of $1.54 billion for the quarter, compared to analysts’ expectations of $1.42 billion. Ameren Corporation had a net margin of 11.11% and a return on equity of 9.57%. The firm’s revenue was up 7.8% compared to the same quarter last year. During the same quarter last year, the company earned $0.61 earnings per share. Equities analysts forecast that Ameren Corporation will post $2.81 EPS for the current fiscal year.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 29th. Shareholders of record on Wednesday, September 13th will be issued a dividend of $0.44 per share. The ex-dividend date is Tuesday, September 12th. This represents a $1.76 dividend on an annualized basis and a yield of 2.99%. Ameren Corporation’s payout ratio is currently 61.54%.
In other Ameren Corporation news, Chairman Warner L. Baxter sold 13,310 shares of the firm’s stock in a transaction that occurred on Friday, June 9th. The shares were sold at an average price of $56.23, for a total transaction of $748,421.30. Following the sale, the chairman now owns 145,939 shares of the company’s stock, valued at $8,206,149.97. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 0.38% of the stock is currently owned by company insiders.
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About Ameren Corporation
Ameren Corporation is a utility holding company. The Company’s subsidiaries include Ameren Missouri, Ameren Illinois and Ameren Transmission Company (ATXI). It operates through four segments. The Ameren Missouri segment includes all of the operations of Ameren Missouri. The Ameren Illinois Electric Distribution segment consists of the electric distribution business of Ameren Illinois.
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