Ameren (NYSE:AEE) Releases FY25 Earnings Guidance

Ameren (NYSE:AEE) issued an update on its FY25 earnings guidance on Wednesday morning. 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

Shares of AEE stock traded up $0.12 during mid-day trading on Wednesday, reaching $87.78. The stock had a trading volume of 1,799,691 shares, compared to its average volume of 1,581,836. Ameren has a 12-month low of $67.03 and a 12-month high of $89.54. The company has a current ratio of 0.67, a quick ratio of 0.45 and a debt-to-equity ratio of 1.40. The business has a 50-day simple moving average of $86.00 and a 200 day simple moving average of $78.79. The company has a market cap of $23.41 billion, a P/E ratio of 19.86, a price-to-earnings-growth ratio of 2.83 and a beta of 0.45.

Ameren Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Wednesday, December 11th will be given a dividend of $0.67 per share. This represents a $2.68 dividend on an annualized basis and a yield of 3.05%. The ex-dividend date of this dividend is Wednesday, December 11th. Ameren’s payout ratio is currently 60.63%.

Analyst Ratings Changes

AEE has been the subject of several research reports. Morgan Stanley lifted their price objective on Ameren from $81.00 to $85.00 and gave the stock an “equal weight” rating in a research report on Wednesday, September 25th. Mizuho upgraded Ameren from a “neutral” rating to an “outperform” rating and upped their price objective for the company from $82.00 to $89.00 in a research report on Monday, September 16th. UBS Group assumed coverage on Ameren in a research report on Friday, July 19th. They set a “buy” rating and a $87.00 price objective for the company. BMO Capital Markets boosted their target price on shares of Ameren from $84.00 to $87.00 and gave the company an “outperform” rating in a research note on Tuesday, August 6th. Finally, Jefferies Financial Group initiated coverage on shares of Ameren in a research note on Thursday, September 19th. They set a “buy” rating and a $97.00 price target on the stock. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, Ameren presently has an average rating of “Moderate Buy” and a consensus target price of $87.80.

Insider Activity

In related news, EVP Chonda J. Nwamu sold 1,610 shares of Ameren stock in a transaction on Wednesday, August 28th. The stock was 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 trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed 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.