Ameren Co. (NYSE:AEE – Free Report) – Zacks Research upped their FY2024 earnings per share (EPS) estimates for shares of Ameren in a research report issued to clients and investors on Monday, July 15th. Zacks Research analyst R. Department now anticipates that the utilities provider will post earnings of $4.54 per share for the year, up from their previous forecast of $4.52. The consensus estimate for Ameren’s current full-year earnings is $4.59 per share. Zacks Research also issued estimates for Ameren’s Q3 2025 earnings at $1.55 EPS, Q4 2025 earnings at $1.07 EPS and Q2 2026 earnings at $1.14 EPS.
Ameren (NYSE:AEE – Get Free Report) last announced its quarterly earnings results on Thursday, May 9th. The utilities provider reported $0.98 earnings per share for the quarter, missing analysts’ consensus estimates of $1.06 by ($0.08). Ameren had a net margin of 15.84% and a return on equity of 10.20%. The business had revenue of $1.82 billion for the quarter, compared to analyst estimates of $2.19 billion. During the same period last year, the firm earned $1.00 earnings per share. The company’s quarterly revenue was down 11.9% on a year-over-year basis.
Get Our Latest Analysis on Ameren
Ameren Trading Down 0.3 %
NYSE:AEE opened at $75.05 on Wednesday. The business’s 50-day moving average is $72.10 and its two-hundred day moving average is $71.95. The firm has a market capitalization of $20.01 billion, a PE ratio of 17.25, a price-to-earnings-growth ratio of 2.58 and a beta of 0.44. Ameren has a 12 month low of $67.03 and a 12 month high of $88.72. The company has a debt-to-equity ratio of 1.31, a current ratio of 0.59 and a quick ratio of 0.40.
Hedge Funds Weigh In On Ameren
Several hedge funds and other institutional investors have recently made changes to their positions in the business. Price T Rowe Associates Inc. MD boosted its position in Ameren by 25.0% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 22,931,588 shares of the utilities provider’s stock worth $1,696,022,000 after acquiring an additional 4,593,638 shares during the period. Zimmer Partners LP raised its stake in shares of Ameren by 204.3% during the first quarter. Zimmer Partners LP now owns 3,827,897 shares of the utilities provider’s stock valued at $283,111,000 after purchasing an additional 2,569,897 shares in the last quarter. International Assets Investment Management LLC raised its stake in shares of Ameren by 7,133.8% during the fourth quarter. International Assets Investment Management LLC now owns 960,286 shares of the utilities provider’s stock valued at $694,670,000 after purchasing an additional 947,011 shares in the last quarter. Cohen & Steers Inc. bought a new stake in shares of Ameren during the fourth quarter valued at about $60,445,000. Finally, Vanguard Group Inc. lifted its holdings in Ameren by 2.5% in the first quarter. Vanguard Group Inc. now owns 33,092,435 shares of the utilities provider’s stock worth $2,447,516,000 after purchasing an additional 802,714 shares during the period. 79.09% of the stock is currently owned by institutional investors and hedge funds.
Insider Activity at Ameren
In other Ameren news, Director Rafael Flores sold 1,500 shares of the business’s stock in a transaction on Friday, June 7th. The shares were sold at an average price of $71.29, for a total transaction of $106,935.00. Following the completion of the sale, the director now owns 13,768 shares in the company, valued at $981,520.72. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. In other news, Director Rafael Flores sold 1,500 shares of the company’s stock in a transaction that occurred on Friday, June 7th. The stock was sold at an average price of $71.29, for a total transaction of $106,935.00. Following the completion of the transaction, the director now directly owns 13,768 shares of the company’s stock, valued at $981,520.72. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Mark C. Lindgren sold 4,000 shares of the firm’s stock in a transaction that occurred on Thursday, May 16th. The stock was sold at an average price of $75.53, for a total value of $302,120.00. Following the completion of the sale, the executive vice president now directly owns 43,935 shares in the company, valued at approximately $3,318,410.55. The disclosure for this sale can be found here. Corporate insiders own 0.42% of the company’s stock.
Ameren Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Friday, June 28th. Investors of record on Wednesday, June 12th were given a dividend of $0.67 per share. This represents a $2.68 annualized dividend and a dividend yield of 3.57%. The ex-dividend date was Wednesday, June 12th. Ameren’s dividend payout ratio is currently 61.61%.
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.
See Also
- Five stocks we like better than Ameren
- Why Are Stock Sectors Important to Successful Investing?
- This Cybersecurity Stock Gains Analysts’ Favor for Strong Growth
- What is Forex and How Does it Work?
- Parabolic Rise of This Stock Shows No Signs of Slowing
- What is a Special Dividend?
- Risk Tolerance vs. Risk Appetite: Key Differences
Receive News & Ratings for Ameren Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ameren and related companies with MarketBeat.com's FREE daily email newsletter.