What is Scotiabank's Estimate for Ameren FY2026 Earnings?

Key Points

• Scotiabank raised its FY2026 EPS estimate for Ameren to $5.41 from $5.38, slightly above the $5.40 consensus estimate. The bank maintained its “Sector Perform” rating and $104 price target.
• Analyst sentiment is moderately positive: 13 analysts rate Ameren a Buy and seven a Hold, with a consensus price target of $117.43.
• Ameren announced a quarterly dividend of $0.75 per share, equivalent to $3.00 annually and a 2.6% yield.

Ameren Corporation (NYSE:AEE - Free Report) - Scotiabank lifted their FY2026 earnings per share estimates for Ameren in a note issued to investors on Monday, November 2nd. Scotiabank analyst I. Rapp now anticipates that the utilities provider will post earnings per share of $5.41 for the year, up from their prior estimate of $5.38. Scotiabank has a "Sector Perform" rating and a $104.00 price objective on the stock. The consensus estimate for Ameren's current full-year earnings is $5.40 per share.

AEE has been the topic of several other research reports. Truist Financial reduced their price objective on shares of Ameren from $120.00 to $116.00 and set a "buy" rating on the stock in a research note on Wednesday, October 14th. Jefferies Financial Group cut their target price on shares of Ameren from $136.00 to $122.00 in a report on Thursday, October 15th. KeyCorp lifted their price target on shares of Ameren from $116.00 to $122.00 and gave the stock an "overweight" rating in a research report on Tuesday, October 13th. BMO Capital Markets boosted their price target on shares of Ameren from $113.00 to $115.00 in a report on Thursday, October 22nd. Finally, Morgan Stanley upped their price objective on shares of Ameren from $108.00 to $109.00 and gave the company an "equal weight" rating in a research report on Wednesday, October 21st. Thirteen analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company's stock. According to MarketBeat.com, Ameren presently has an average rating of "Moderate Buy" and a consensus price target of $117.43.

Ameren Stock Performance

Shares of AEE stock opened at $113.25 on Thursday. The company has a debt-to-equity ratio of 1.38, a current ratio of 0.53 and a quick ratio of 0.37. The stock has a market cap of $31.35 billion, a PE ratio of 20.59, a price-to-earnings-growth ratio of 3.22 and a beta of 0.42. The stock has a 50-day moving average of $104.67 and a 200-day moving average of $108.42. Ameren has a one year low of $96.57 and a one year high of $118.32.

Institutional Investors Weigh In On Ameren

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Lido Advisors LLC grew its stake in shares of Ameren by 7.0% in the third quarter. Lido Advisors LLC now owns 14,289 shares of the utilities provider's stock valued at $1,420,000 after buying an additional 937 shares in the last quarter. United Capital Management of KS Inc. increased its holdings in Ameren by 1.4% during the third quarter. United Capital Management of KS Inc. now owns 15,096 shares of the utilities provider's stock worth $1,500,000 after buying an additional 209 shares during the last quarter. AlphaCore Capital LLC increased its holdings in Ameren by 28.2% during the third quarter. AlphaCore Capital LLC now owns 8,363 shares of the utilities provider's stock worth $831,000 after buying an additional 1,840 shares during the last quarter. M Holdings Securities Inc. bought a new stake in Ameren during the third quarter worth $272,000. Finally, Ethic Inc. raised its position in Ameren by 9.8% during the third quarter. Ethic Inc. now owns 48,720 shares of the utilities provider's stock worth $4,842,000 after acquiring an additional 4,337 shares in the last quarter. 79.09% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Ameren

In other news, Director Rafael Flores sold 248 shares of the company's stock in a transaction that occurred on Friday, September 11th. The shares were 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 $1,465,600.64. This represents a 1.75% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Theresa A. Shaw sold 325 shares of the company's stock in a transaction that occurred on Friday, August 14th. The shares were sold at an average price of $108.93, for a total transaction of $35,402.25. Following the completion of the transaction, the senior vice president owned 32,340 shares of the company's stock, valued at $3,522,796.20. This trade represents a 0.99% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.29% of the company's stock.

Ameren Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 31st. Investors of record on Tuesday, December 8th will be paid a dividend of $0.75 per share. This represents a $3.00 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date of this dividend is Tuesday, December 8th. Ameren's dividend payout ratio is presently 52.82%.

Ameren Company Profile

Ameren Corporation is a regulated electric and natural gas utility holding company headquartered in St. Louis, Missouri. Through its operating companies, Ameren Missouri and Ameren Illinois, the company provides electric generation, transmission and distribution services, as well as natural gas distribution.

Ameren serves approximately 2.5 million electric customers and more than 900,000 natural gas customers across Missouri and Illinois. Its operations include a diverse generation portfolio and infrastructure designed to deliver reliable energy to residential, commercial and industrial customers, while supporting the transition toward cleaner energy resources.

Ameren was formed in 1997 through the merger of Union Electric Company and CIPSCO Inc The company is led by Martin J.

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