The AES Corporation (NYSE:AES - Free Report) - Analysts at Zacks Research increased their Q4 2026 earnings estimates for shares of AES in a note issued to investors on Thursday, July 10th. Zacks Research analyst R. Department now forecasts that the utilities provider will post earnings of $0.51 per share for the quarter, up from their previous forecast of $0.50. The consensus estimate for AES's current full-year earnings is $1.93 per share.
AES (NYSE:AES - Get Free Report) last released its earnings results on Thursday, May 1st. The utilities provider reported $0.27 earnings per share for the quarter, missing the consensus estimate of $0.37 by ($0.10). The company had revenue of $2.93 billion during the quarter, compared to analyst estimates of $3.13 billion. AES had a net margin of 10.67% and a return on equity of 18.06%. The company's quarterly revenue was down 5.2% compared to the same quarter last year. During the same period in the previous year, the company posted $0.60 EPS.
Several other research analysts have also recently weighed in on AES. Citigroup reduced their price target on shares of AES from $23.00 to $14.00 and set a "buy" rating for the company in a report on Friday, May 9th. Wall Street Zen lowered AES from a "hold" rating to a "sell" rating in a report on Saturday, May 24th. JPMorgan Chase & Co. decreased their price objective on AES from $16.00 to $14.00 and set an "overweight" rating for the company in a report on Thursday, April 24th. Wells Fargo & Company upped their price target on AES from $108.00 to $112.00 in a research report on Friday, May 2nd. Finally, Jefferies Financial Group downgraded shares of AES from a "hold" rating to an "underperform" rating and lowered their price objective for the company from $10.00 to $9.00 in a report on Tuesday, May 20th. Three investment analysts have rated the stock with a sell rating, two have given a hold rating, six have assigned a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat.com, AES has an average rating of "Moderate Buy" and a consensus target price of $24.22.
Get Our Latest Stock Analysis on AES
AES Trading Up 4.6%
AES stock traded up $0.58 during midday trading on Monday, hitting $13.16. 20,827,311 shares of the company's stock were exchanged, compared to its average volume of 13,861,124. The company has a market cap of $9.37 billion, a PE ratio of 7.15, a price-to-earnings-growth ratio of 1.69 and a beta of 0.95. The company has a debt-to-equity ratio of 3.42, a quick ratio of 0.78 and a current ratio of 0.84. The stock's fifty day moving average price is $11.06 and its 200-day moving average price is $11.21. AES has a one year low of $9.46 and a one year high of $20.30.
Hedge Funds Weigh In On AES
Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Proficio Capital Partners LLC acquired a new stake in AES during the fourth quarter worth about $402,000. AlphaQuest LLC increased its stake in AES by 18,047.1% in the fourth quarter. AlphaQuest LLC now owns 6,170 shares of the utilities provider's stock valued at $79,000 after acquiring an additional 6,136 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in AES by 17.9% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 303,490 shares of the utilities provider's stock worth $3,906,000 after purchasing an additional 46,122 shares during the last quarter. Daiwa Securities Group Inc. increased its stake in shares of AES by 7.7% in the 4th quarter. Daiwa Securities Group Inc. now owns 93,205 shares of the utilities provider's stock valued at $1,200,000 after purchasing an additional 6,692 shares during the last quarter. Finally, EverSource Wealth Advisors LLC boosted its stake in AES by 95.8% in the fourth quarter. EverSource Wealth Advisors LLC now owns 6,295 shares of the utilities provider's stock valued at $81,000 after buying an additional 3,080 shares in the last quarter. 93.13% of the stock is owned by institutional investors and hedge funds.
AES Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Friday, August 15th. Investors of record on Friday, August 1st will be paid a $0.176 dividend. This represents a $0.70 annualized dividend and a dividend yield of 5.35%. The ex-dividend date is Friday, August 1st. AES's dividend payout ratio (DPR) is currently 38.04%.
About AES
(
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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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