What is Seaport Res Ptn's Estimate for AES FY2025 Earnings?

Key Points

• Seaport Res Ptn has lowered its FY2025 earnings per share (EPS) estimate for AES Corporation to $2.25, down from $2.28, while the consensus estimate for AES's current full-year earnings is $1.93 per share.
• AES has recently received mixed ratings from analysts, including upgrades to "hold" and "buy" ratings, with a current consensus rating of "Moderate Buy" and an average target price of $24.67.
• The company also declared a quarterly dividend of $0.176 per share, resulting in an annualized dividend yield of 5.3%.

The AES Corporation (NYSE:AES - Free Report) - Equities researchers at Seaport Res Ptn reduced their FY2025 EPS estimates for AES in a research report issued on Monday, August 18th. Seaport Res Ptn analyst A. Storozynski now forecasts that the utilities provider will post earnings of $2.25 per share for the year, down from their prior forecast of $2.28. The consensus estimate for AES's current full-year earnings is $1.93 per share.

Several other equities analysts have also recently issued reports on the company. Wall Street Zen upgraded AES from a "sell" rating to a "hold" rating in a research note on Saturday, August 2nd. Citigroup cut their target price on AES from $23.00 to $14.00 and set a "buy" rating on the stock in a research note on Friday, May 9th. JPMorgan Chase & Co. raised their target price on AES from $14.00 to $15.00 and gave the company an "overweight" rating in a research note on Tuesday, July 22nd. Wells Fargo & Company raised their target price on AES from $108.00 to $112.00 in a research note on Friday, May 2nd. Finally, Susquehanna raised their target price on AES from $15.00 to $16.00 and gave the company a "positive" rating in a research note on Monday, July 21st. Two analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating, two have issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, AES currently has a consensus rating of "Moderate Buy" and an average target price of $24.67.

AES Stock Performance

Shares of AES opened at $13.3150 on Wednesday. The business's fifty day moving average price is $12.29 and its 200 day moving average price is $11.43. AES has a 12-month low of $9.46 and a 12-month high of $20.30. The stock has a market capitalization of $9.48 billion, a PE ratio of 9.38, a price-to-earnings-growth ratio of 1.60 and a beta of 0.96. The company has a debt-to-equity ratio of 3.46, a current ratio of 0.82 and a quick ratio of 0.74.

AES (NYSE:AES - Get Free Report) last issued its quarterly earnings data on Thursday, July 31st. The utilities provider reported $0.51 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.39 by $0.12. The company had revenue of $2.86 billion during the quarter, compared to the consensus estimate of $2.97 billion. AES had a net margin of 8.42% and a return on equity of 19.02%. AES's revenue for the quarter was down 3.0% on a year-over-year basis. During the same quarter last year, the company earned $0.38 earnings per share.

AES Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, August 15th. Stockholders of record on Friday, August 1st were issued a dividend of $0.176 per share. This represents a $0.70 dividend on an annualized basis and a dividend yield of 5.3%. The ex-dividend date of this dividend was Friday, August 1st. AES's dividend payout ratio (DPR) is 49.30%.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the company. Community Trust & Investment Co. boosted its position in shares of AES by 37.4% in the 1st quarter. Community Trust & Investment Co. now owns 291,418 shares of the utilities provider's stock valued at $3,619,000 after purchasing an additional 79,355 shares during the period. Lewis Asset Management LLC acquired a new position in shares of AES in the 1st quarter valued at $1,172,000. Principal Financial Group Inc. boosted its position in shares of AES by 2.5% in the 1st quarter. Principal Financial Group Inc. now owns 824,080 shares of the utilities provider's stock valued at $10,235,000 after purchasing an additional 20,109 shares during the period. Envestnet Asset Management Inc. boosted its position in shares of AES by 13.3% in the 1st quarter. Envestnet Asset Management Inc. now owns 1,270,543 shares of the utilities provider's stock valued at $15,780,000 after purchasing an additional 148,772 shares during the period. Finally, Foundry Partners LLC boosted its position in shares of AES by 39.6% in the 1st quarter. Foundry Partners LLC now owns 1,349,118 shares of the utilities provider's stock valued at $16,756,000 after purchasing an additional 382,843 shares during the period. 93.13% of the stock is owned by institutional investors and hedge funds.

About AES

The AES Corporation, together with its subsidiaries, operates as a diversified power generation and utility company in the United States and internationally. The company owns and/or operates power plants to generate and sell power to customers, such as utilities, industrial users, and other intermediaries; owns and/or operates utilities to generate or purchase, distribute, transmit, and sell electricity to end-user customers in the residential, commercial, industrial, and governmental sectors; and generates and sells electricity on the wholesale market.

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