Ameren (NYSE:AEE) Announces Earnings Results, Misses Estimates By $0.06 EPS

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

Ameren Trading Up 1.1 %

Ameren stock traded up $1.09 during trading on Thursday, hitting $98.35. The company had a trading volume of 2,628,964 shares, compared to its average volume of 1,449,381. Ameren has a 1-year low of $67.68 and a 1-year high of $98.69. The company has a current ratio of 0.63, a quick ratio of 0.41 and a debt-to-equity ratio of 1.37. The company’s 50 day simple moving average is $91.79 and its 200-day simple moving average is $88.17. The stock has a market cap of $26.25 billion, a price-to-earnings ratio of 23.14, a price-to-earnings-growth ratio of 2.98 and a beta of 0.49.

Ameren Increases Dividend

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

Analyst Ratings Changes

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

Insider Activity at Ameren

In related news, CFO Michael L. Moehn sold 6,500 shares of Ameren stock in a transaction that occurred on Wednesday, November 20th. The shares were sold at an average price of $92.15, for a total value of $598,975.00. Following the completion of the sale, the chief financial officer now owns 205,171 shares in the company, valued at approximately $18,906,507.65. This trade represents a 3.07 % decrease in their position. The transaction 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.

About Ameren

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.