Ameren Corporation (NYSE:AEE) Stock Has Consensus Target Price of $118.08 According to Brokerages

Key Points

• Analysts remain moderately bullish on Ameren: Fourteen analysts assign the stock a consensus “Moderate Buy” rating, with ten buys and four holds. The average 12-month price target is $118.08, above the reported share price of $102.09.
• Ameren’s latest quarterly results exceeded expectations on earnings, reporting $1.13 EPS versus the $1.08 consensus, although revenue fell 5.8% year over year to $2.09 billion and missed estimates.
• The company maintains a quarterly dividend of $0.75 per share, equivalent to an annualized $3.00 dividend and a 2.9% yield. Institutional investors own approximately 79.1% of the stock, while insiders sold 7,073 shares worth about $769,814 during the last quarter.

Shares of Ameren Corporation (NYSE:AEE - Get Free Report) have received an average rating of "Moderate Buy" from the fourteen analysts that are presently covering the stock, MarketBeat reports. Four research analysts have rated the stock with a hold rating and ten have given a buy rating to the company. The average 1-year price target among brokerages that have covered the stock in the last year is $118.08.

AEE has been the topic of a number of recent analyst reports. Barclays boosted their price target on shares of Ameren from $116.00 to $117.00 and gave the company an "equal weight" rating in a research report on Thursday, July 9th. KeyCorp raised shares of Ameren from a "sector weight" rating to an "overweight" rating and set a $122.00 price objective on the stock in a research note on Thursday, July 23rd. BMO Capital Markets dropped their price objective on shares of Ameren from $121.00 to $119.00 and set an "outperform" rating for the company in a report on Wednesday, July 22nd. Mizuho cut their target price on shares of Ameren from $124.00 to $113.00 and set an "outperform" rating for the company in a research note on Wednesday, September 30th. Finally, Royal Bank Of Canada cut their target price on shares of Ameren from $114.00 to $107.00 and set a "sector perform" rating for the company in a research note on Friday, September 25th.

Ameren Stock Down 0.1%

Shares of NYSE AEE opened at $102.09 on Monday. The stock has a market cap of $28.26 billion, a PE ratio of 17.97, a PEG ratio of 2.99 and a beta of 0.44. The business has a fifty day moving average of $104.98 and a two-hundred day moving average of $108.72. Ameren has a 52-week low of $96.57 and a 52-week high of $118.32. The company has a debt-to-equity ratio of 1.38, a quick ratio of 0.37 and a current ratio of 0.53.

Ameren (NYSE:AEE - Get Free Report) last issued its earnings results on Thursday, July 30th. The utilities provider reported $1.13 EPS for the quarter, beating the consensus estimate of $1.08 by $0.05. Ameren had a net margin of 17.86% and a return on equity of 10.95%. The company had revenue of $2.09 billion for the quarter, compared to the consensus estimate of $2.27 billion. During the same quarter in the previous year, the company earned $1.01 EPS. The firm's revenue for the quarter was down 5.8% compared to the same quarter last year. Ameren has set its FY 2026 guidance at 5.250-5.450 EPS. As a group, equities research analysts expect that Ameren will post 5.40 earnings per share for the current fiscal year.

Ameren Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Tuesday, September 8th were issued a dividend of $0.75 per share. This represents a $3.00 dividend on an annualized basis and a yield of 2.9%. The ex-dividend date of this dividend was Tuesday, September 8th. Ameren's dividend payout ratio (DPR) is currently 52.82%.

Insider Buying and Selling at Ameren

In other Ameren news, Director Rafael Flores sold 248 shares of Ameren stock in a transaction on Friday, September 11th. The stock was sold at an average price of $105.53, for a total value of $26,171.44. Following the completion of the transaction, the director owned 13,888 shares in the company, valued at approximately $1,465,600.64. The trade was a 1.75% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, SVP Theresa Shaw sold 325 shares of the business's stock in a transaction 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 completion of the transaction, the senior vice president directly owned 32,340 shares in the company, valued at approximately $3,522,796.20. This represents a 0.99% decrease in their position. 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. In the last quarter, insiders sold 7,073 shares of company stock worth $769,814. 0.29% of the stock is currently owned by insiders.

Institutional Trading of Ameren

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Wedmont Private Capital increased its holdings in Ameren by 17.8% in the third quarter. Wedmont Private Capital now owns 3,215 shares of the utilities provider's stock valued at $327,000 after purchasing an additional 486 shares during the last quarter. Farther Finance Advisors LLC lifted its stake in Ameren by 9.5% in the third quarter. Farther Finance Advisors LLC now owns 5,195 shares of the utilities provider's stock valued at $516,000 after buying an additional 449 shares during the period. Avidian Wealth Enterprises LLC boosted its holdings in Ameren by 1.5% during the third quarter. Avidian Wealth Enterprises LLC now owns 8,212 shares of the utilities provider's stock worth $816,000 after buying an additional 124 shares during the last quarter. Valeo Financial Advisors LLC boosted its holdings in Ameren by 8.6% during the third quarter. Valeo Financial Advisors LLC now owns 2,188 shares of the utilities provider's stock worth $217,000 after buying an additional 173 shares during the last quarter. Finally, Versant Capital Management Inc boosted its holdings in Ameren by 31.7% during the third quarter. Versant Capital Management Inc now owns 3,134 shares of the utilities provider's stock worth $311,000 after buying an additional 755 shares during the last quarter. 79.09% of the stock is currently owned by institutional investors and hedge funds.

Ameren Company Profile

Ameren Corporation is a regulated utility holding company that provides electric and natural gas services to customers in Illinois and Missouri. Through its operating companies, Ameren delivers energy to residential, commercial and industrial customers and operates the infrastructure required to generate, transmit and distribute electricity, as well as distribute natural gas.

Ameren Missouri is involved in electric generation, transmission and distribution and natural gas distribution across Missouri.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.