FY2027 Earnings Estimate for Ameren Issued By Zacks Research

Ameren Corporation (NYSE:AEE - Free Report) - Research analysts at Zacks Research lifted their FY2027 EPS estimates for shares of Ameren in a note issued to investors on Thursday, June 26th. Zacks Research analyst R. Department now anticipates that the utilities provider will earn $5.69 per share for the year, up from their previous forecast of $5.68. The consensus estimate for Ameren's current full-year earnings is $4.93 per share.

Ameren (NYSE:AEE - Get Free Report) last issued its quarterly earnings data on Thursday, May 1st. The utilities provider reported $1.07 EPS for the quarter, missing the consensus estimate of $1.08 by ($0.01). The firm had revenue of $2.10 billion for the quarter, compared to the consensus estimate of $1.92 billion. Ameren had a net margin of 15.31% and a return on equity of 10.40%. The business's revenue was up 15.5% on a year-over-year basis. During the same period last year, the company posted $0.98 earnings per share.

A number of other brokerages have also commented on AEE. Wells Fargo & Company raised their price target on Ameren from $108.00 to $112.00 and gave the stock an "overweight" rating in a research note on Wednesday, May 14th. Guggenheim restated a "neutral" rating on shares of Ameren in a report on Tuesday, April 22nd. Morgan Stanley cut their target price on shares of Ameren from $102.00 to $100.00 and set an "equal weight" rating on the stock in a research note on Wednesday, June 18th. BMO Capital Markets boosted their price target on shares of Ameren from $106.00 to $108.00 and gave the company an "outperform" rating in a research report on Monday, May 5th. Finally, KeyCorp upgraded shares of Ameren from a "sector weight" rating to an "overweight" rating and set a $103.00 price objective for the company in a report on Wednesday, May 14th. Five equities research analysts have rated the stock with a hold rating, seven have given a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat, Ameren presently has an average rating of "Moderate Buy" and an average target price of $101.64.

Ameren Trading Down 0.1%

NYSE AEE opened at $95.33 on Monday. The stock has a market cap of $25.77 billion, a P/E ratio of 21.14, a price-to-earnings-growth ratio of 2.78 and a beta of 0.49. Ameren has a fifty-two week low of $70.15 and a fifty-two week high of $104.10. The stock has a 50 day simple moving average of $96.80 and a two-hundred day simple moving average of $95.90. The company has a debt-to-equity ratio of 1.49, a quick ratio of 0.62 and a current ratio of 0.86.

Ameren Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Tuesday, June 10th will be given a $0.71 dividend. The ex-dividend date of this dividend is Tuesday, June 10th. This represents a $2.84 dividend on an annualized basis and a dividend yield of 2.98%. Ameren's dividend payout ratio is currently 62.97%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. IFP Advisors Inc increased its holdings in shares of Ameren by 84.9% during the fourth quarter. IFP Advisors Inc now owns 1,387 shares of the utilities provider's stock valued at $124,000 after acquiring an additional 637 shares in the last quarter. New York Life Investment Management LLC grew its position in Ameren by 0.8% during the 4th quarter. New York Life Investment Management LLC now owns 35,518 shares of the utilities provider's stock valued at $3,166,000 after purchasing an additional 283 shares during the last quarter. Mn Services Vermogensbeheer B.V. increased its stake in Ameren by 3.8% during the 4th quarter. Mn Services Vermogensbeheer B.V. now owns 45,900 shares of the utilities provider's stock valued at $4,092,000 after purchasing an additional 1,700 shares in the last quarter. Proficio Capital Partners LLC purchased a new position in Ameren in the fourth quarter worth about $4,180,000. Finally, Mutual of America Capital Management LLC lifted its stake in shares of Ameren by 2.6% in the fourth quarter. Mutual of America Capital Management LLC now owns 77,991 shares of the utilities provider's stock worth $6,952,000 after buying an additional 1,954 shares in the last quarter. Institutional investors own 79.09% 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.