AES (NYSE:AES) Issues FY25 Earnings Guidance

AES (NYSE:AES) issued an update on its FY25 earnings guidance on Friday morning. The company provided EPS guidance of $2.10-2.26 for the period, compared to the consensus EPS estimate of $2.03. AES also updated its FY 2025 guidance to 2.100-2.260 EPS.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on AES. Mizuho reduced their price objective on shares of AES from $24.00 to $16.00 and set an “outperform” rating for the company in a research report on Thursday, November 21st. Hsbc Global Res upgraded shares of AES to a “strong-buy” rating in a report on Friday, December 13th. Barclays dropped their price objective on shares of AES from $17.00 to $12.00 and set an “overweight” rating on the stock in a report on Monday, January 27th. Susquehanna reduced their target price on AES from $24.00 to $21.00 and set a “positive” rating for the company in a research note on Tuesday, November 5th. Finally, Bank of America initiated coverage on AES in a research note on Monday, November 25th. They set an “underperform” rating and a $11.00 price target on the stock. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating, eight have issued a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $18.80.

AES Stock Up 12.3 %

Shares of AES stock traded up $1.28 on Friday, hitting $11.66. The company had a trading volume of 27,517,765 shares, compared to its average volume of 14,713,907. The stock has a market capitalization of $8.29 billion, a price-to-earnings ratio of 8.10, a P/E/G ratio of 0.82 and a beta of 0.99. The company has a debt-to-equity ratio of 3.21, a quick ratio of 0.80 and a current ratio of 0.85. AES has a 1 year low of $9.88 and a 1 year high of $22.21. The stock has a 50 day moving average of $11.54 and a 200-day moving average of $14.59.

AES (NYSE:AES) last issued its quarterly earnings data on Friday, February 28th. The utilities provider reported $0.54 earnings per share for the quarter, beating the consensus estimate of $0.34 by $0.20. AES had a return on equity of 27.30% and a net margin of 8.34%. The business had revenue of $2.96 billion for the quarter, compared to analysts’ expectations of $3.07 billion. During the same period last year, the business earned $0.73 EPS. As a group, sell-side analysts forecast that AES will post 1.93 earnings per share for the current year.

AES Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, May 15th. Shareholders of record on Thursday, May 1st will be given a $0.176 dividend. This represents a $0.70 dividend on an annualized basis and a yield of 6.04%. The ex-dividend date is Thursday, May 1st. AES’s payout ratio is 48.61%.

AES Company Profile

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.