Ameren (NYSE:AEE) Announces Quarterly Earnings Results

Ameren (NYSE:AEE - Get Free Report) released its quarterly earnings results on Thursday. The utilities provider reported $1.07 earnings per share for the quarter, missing the consensus estimate of $1.08 by ($0.01), Zacks reports. Ameren had a net margin of 15.51% and a return on equity of 10.34%. The company had revenue of $2.10 billion during the quarter, compared to analyst estimates of $1.92 billion. During the same quarter last year, the company earned $0.98 EPS. The firm's quarterly revenue was up 15.5% compared to the same quarter last year. Ameren updated its FY 2025 guidance to 4.850-5.050 EPS.

Ameren Stock Performance

NYSE AEE opened at $99.54 on Friday. The stock has a market cap of $26.87 billion, a PE ratio of 22.52, a P/E/G ratio of 2.97 and a beta of 0.45. The company has a debt-to-equity ratio of 1.41, a quick ratio of 0.44 and a current ratio of 0.66. The firm has a 50-day moving average of $98.64 and a 200-day moving average of $94.18. Ameren has a 52-week low of $69.39 and a 52-week high of $104.10.

Ameren Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Tuesday, March 11th were issued a $0.71 dividend. This is an increase from Ameren's previous quarterly dividend of $0.67. This represents a $2.84 annualized dividend and a dividend yield of 2.85%. The ex-dividend date was Tuesday, March 11th. Ameren's payout ratio is currently 64.25%.

Insider Activity at Ameren

In other news, Director Craig S. Ivey sold 2,716 shares of the business's stock in a transaction dated Wednesday, February 19th. The shares were sold at an average price of $98.27, for a total value of $266,901.32. Following the completion of the sale, the director now owns 14,495 shares of the company's stock, valued at approximately $1,424,423.65. The trade was a 15.78 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Shawn E. Schukar sold 4,743 shares of the company's stock in a transaction dated Tuesday, March 4th. The shares were sold at an average price of $103.79, for a total transaction of $492,275.97. Following the completion of the transaction, the insider now owns 57,486 shares in the company, valued at $5,966,471.94. This trade represents a 7.62 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 12,959 shares of company stock worth $1,316,712. Insiders own 0.34% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on AEE shares. BMO Capital Markets increased their target price on Ameren from $105.00 to $106.00 and gave the stock an "outperform" rating in a report on Monday, April 28th. Evercore ISI upgraded Ameren from an "in-line" rating to an "outperform" rating and increased their price objective for the stock from $89.00 to $104.00 in a report on Tuesday, January 21st. UBS Group lifted their price objective on shares of Ameren from $106.00 to $113.00 and gave the company a "buy" rating in a report on Friday, March 21st. Morgan Stanley reiterated an "outperform" rating on shares of Ameren in a research note on Wednesday, April 23rd. Finally, Barclays reduced their price objective on shares of Ameren from $102.00 to $101.00 and set an "equal weight" rating for the company in a research note on Tuesday, April 8th. Four analysts have rated the stock with a hold rating, seven have issued a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $99.33.

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.

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