AES (NYSE:AES) Releases FY 2025 Earnings Guidance

AES (NYSE:AES) updated its FY 2025 earnings guidance on Tuesday. The company provided EPS guidance of 2.100-2.26 for the period, compared to the consensus EPS estimate of 2.160. The company issued revenue guidance of -.

AES Stock Down 0.1%

Shares of AES stock traded down $0.02 during trading on Thursday, reaching $14.20. The stock had a trading volume of 5,112,124 shares, compared to its average volume of 14,231,021. The company has a market capitalization of $10.11 billion, a price-to-earnings ratio of 10.02, a P/E/G ratio of 0.59 and a beta of 0.98. The stock has a fifty day moving average price of $13.74 and a two-hundred day moving average price of $12.40. AES has a 52 week low of $9.46 and a 52 week high of $15.51. The company has a current ratio of 0.82, a quick ratio of 0.74 and a debt-to-equity ratio of 3.46.

AES (NYSE:AES) last released its earnings results on Wednesday, November 5th. The utilities provider reported $0.75 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.69 by $0.06. The business had revenue of $3.35 billion for the quarter, compared to analyst estimates of $3.37 billion. AES had a return on equity of 19.02% and a net margin of 8.42%.AES’s revenue was up 1.9% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.71 earnings per share. Sell-side analysts predict that AES will post 1.93 EPS for the current fiscal year.

AES Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, November 14th. Investors of record on Friday, October 31st will be paid a $0.176 dividend. This represents a $0.70 dividend on an annualized basis and a yield of 5.0%. The ex-dividend date is Friday, October 31st. AES’s dividend payout ratio is 43.75%.

Wall Street Analysts Forecast Growth

AES has been the topic of a number of recent research reports. JPMorgan Chase & Co. increased their target price on AES from $14.00 to $15.00 and gave the stock an “overweight” rating in a research note on Tuesday, July 22nd. Morgan Stanley raised their target price on AES from $23.00 to $24.00 and gave the company an “overweight” rating in a report on Wednesday, October 22nd. Barclays raised their price objective on AES from $14.00 to $15.00 and gave the company an “overweight” rating in a report on Tuesday, October 21st. Mizuho lifted their price objective on AES from $15.00 to $16.00 and gave the stock an “outperform” rating in a research report on Thursday. Finally, Susquehanna lifted their price target on shares of AES from $16.00 to $17.00 and gave the stock a “positive” rating in a report on Monday, October 13th. One investment analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, three have issued a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $24.00.

Hedge Funds Weigh In On AES

A number of institutional investors and hedge funds have recently made changes to their positions in AES. United Services Automobile Association purchased a new stake in shares of AES in the 1st quarter worth approximately $190,000. Jones Financial Companies Lllp increased its stake in shares of AES by 259.7% in the first quarter. Jones Financial Companies Lllp now owns 54,407 shares of the utilities provider’s stock worth $675,000 after acquiring an additional 39,283 shares during the period. Woodline Partners LP boosted its holdings in AES by 40.7% during the first quarter. Woodline Partners LP now owns 60,072 shares of the utilities provider’s stock worth $746,000 after buying an additional 17,372 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in AES by 6.1% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 68,745 shares of the utilities provider’s stock worth $854,000 after buying an additional 3,936 shares in the last quarter. Finally, Empowered Funds LLC lifted its holdings in AES by 763.3% during the first quarter. Empowered Funds LLC now owns 146,851 shares of the utilities provider’s stock valued at $1,824,000 after purchasing an additional 129,841 shares in the last quarter. Institutional investors own 93.13% of the company’s stock.

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.