KeyCorp Comments on Ameren's FY2025 Earnings (NYSE:AEE)

Key Points

• KeyCorp has raised its FY2025 earnings per share estimate for Ameren Corporation from $4.95 to $4.96, maintaining an "Overweight" rating with a target price of $109.00.
• Ameren recently reported quarterly earnings of $1.01 EPS, exceeding analysts' expectations, with revenue of $2.22 billion, a 31.2% increase compared to the same quarter last year.
• A quarterly dividend of $0.71 per share is set to be paid on December 31st, representing a 2.7% dividend yield with a payout ratio of 62.42%.

Ameren Corporation (NYSE:AEE - Free Report) - Stock analysts at KeyCorp raised their FY2025 earnings per share estimates for shares of Ameren in a research report issued on Wednesday, October 15th. KeyCorp analyst S. Karp now forecasts that the utilities provider will earn $4.96 per share for the year, up from their prior estimate of $4.95. KeyCorp currently has a "Overweight" rating and a $109.00 target price on the stock. The consensus estimate for Ameren's current full-year earnings is $4.93 per share. KeyCorp also issued estimates for Ameren's Q4 2025 earnings at $0.79 EPS, FY2026 earnings at $5.34 EPS and FY2029 earnings at $6.57 EPS.

Ameren (NYSE:AEE - Get Free Report) last announced its quarterly earnings data on Thursday, July 31st. The utilities provider reported $1.01 EPS for the quarter, beating analysts' consensus estimates of $1.00 by $0.01. Ameren had a return on equity of 10.38% and a net margin of 14.55%.The company had revenue of $2.22 billion during the quarter, compared to the consensus estimate of $1.82 billion. During the same quarter in the prior year, the firm earned $0.97 EPS. The company's quarterly revenue was up 31.2% compared to the same quarter last year. Ameren has set its FY 2025 guidance at 4.850-5.050 EPS.

AEE has been the subject of a number of other research reports. Barclays cut their price objective on Ameren from $104.00 to $100.00 and set an "equal weight" rating for the company in a research report on Thursday, July 10th. UBS Group increased their target price on Ameren from $111.00 to $114.00 and gave the company a "buy" rating in a report on Friday, July 11th. Morgan Stanley reduced their target price on Ameren from $105.00 to $104.00 and set an "equal weight" rating for the company in a report on Thursday, September 25th. The Goldman Sachs Group upgraded Ameren from a "sell" rating to a "neutral" rating and increased their target price for the company from $91.00 to $100.00 in a report on Wednesday, June 25th. Finally, Weiss Ratings restated a "buy (b-)" rating on shares of Ameren in a report on Wednesday, October 8th. Six analysts have rated the stock with a Buy rating and four have given a Hold rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $106.38.

Ameren Price Performance

Shares of NYSE:AEE opened at $105.36 on Thursday. Ameren has a one year low of $85.27 and a one year high of $105.67. The stock has a fifty day moving average of $101.41 and a 200-day moving average of $98.77. The company has a market capitalization of $28.49 billion, a PE ratio of 23.16, a price-to-earnings-growth ratio of 2.62 and a beta of 0.49. The company has a debt-to-equity ratio of 1.51, a quick ratio of 0.56 and a current ratio of 0.80.

Ameren Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 31st. Investors of record on Tuesday, December 9th will be issued a dividend of $0.71 per share. This represents a $2.84 annualized dividend and a dividend yield of 2.7%. The ex-dividend date is Tuesday, December 9th. Ameren's dividend payout ratio (DPR) is currently 62.42%.

Insider Activity

In related news, SVP Gwendolyn G. Mizell sold 1,000 shares of the stock in a transaction on Friday, August 22nd. The stock was sold at an average price of $101.79, for a total transaction of $101,790.00. Following the completion of the sale, the senior vice president directly owned 9,129 shares in the company, valued at approximately $929,240.91. This trade represents a 9.87% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.42% of the company's stock.

Institutional Trading of Ameren

Hedge funds and other institutional investors have recently modified their holdings of the company. MJT & Associates Financial Advisory Group Inc. purchased a new stake in shares of Ameren during the first quarter worth $25,000. NewSquare Capital LLC raised its holdings in shares of Ameren by 70.9% during the second quarter. NewSquare Capital LLC now owns 258 shares of the utilities provider's stock worth $25,000 after acquiring an additional 107 shares in the last quarter. Osterweis Capital Management Inc. raised its holdings in shares of Ameren by 6,040.0% during the second quarter. Osterweis Capital Management Inc. now owns 307 shares of the utilities provider's stock worth $29,000 after acquiring an additional 302 shares in the last quarter. Addison Advisors LLC raised its holdings in shares of Ameren by 728.9% during the second quarter. Addison Advisors LLC now owns 315 shares of the utilities provider's stock worth $30,000 after acquiring an additional 277 shares in the last quarter. Finally, Fortitude Family Office LLC raised its holdings in shares of Ameren by 600.0% during the second quarter. Fortitude Family Office LLC now owns 343 shares of the utilities provider's stock worth $33,000 after acquiring an additional 294 shares in the last quarter. 79.09% of the stock is currently owned by hedge funds and other institutional investors.

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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