Ameren (NYSE:AEE) Releases Quarterly Earnings Results, Beats Expectations By $0.11 EPS

Ameren (NYSE:AEEGet Free Report) posted its quarterly earnings results on Tuesday. The utilities provider reported $1.28 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.17 by $0.11, Zacks reports. Ameren had a net margin of 16.55% and a return on equity of 10.69%. The company had revenue of $2.18 billion for the quarter, compared to analyst estimates of $2.24 billion. Ameren updated its FY 2026 guidance to 5.250-5.450 EPS.

Ameren Price Performance

Ameren stock traded down $0.89 during midday trading on Tuesday, reaching $111.50. 1,403,350 shares of the stock were exchanged, compared to its average volume of 1,706,118. The company’s fifty day moving average is $111.07 and its 200-day moving average is $105.82. The company has a debt-to-equity ratio of 1.35, a quick ratio of 0.46 and a current ratio of 0.66. The firm has a market cap of $30.85 billion, a PE ratio of 20.84, a PEG ratio of 2.30 and a beta of 0.50. Ameren has a 52 week low of $93.27 and a 52 week high of $115.58.

Ameren Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Tuesday, March 10th were issued a dividend of $0.75 per share. This is a boost from Ameren’s previous quarterly dividend of $0.71. The ex-dividend date of this dividend was Tuesday, March 10th. This represents a $3.00 dividend on an annualized basis and a yield of 2.7%. Ameren’s payout ratio is currently 56.07%.

Institutional Trading of Ameren

Hedge funds and other institutional investors have recently bought and sold shares of the company. Caitong International Asset Management Co. Ltd increased its holdings in Ameren by 285.5% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 266 shares of the utilities provider’s stock worth $28,000 after acquiring an additional 197 shares during the period. Garton & Associates Financial Advisors LLC purchased a new position in Ameren in the 4th quarter worth approximately $29,000. Osterweis Capital Management Inc. grew its stake in Ameren by 6,040.0% in the 2nd quarter. Osterweis Capital Management Inc. now owns 307 shares of the utilities provider’s stock worth $29,000 after buying an additional 302 shares in the last quarter. Wiser Advisor Group LLC purchased a new position in Ameren in the 3rd quarter worth approximately $35,000. Finally, Sunbelt Securities Inc. purchased a new position in Ameren in the 3rd quarter worth approximately $37,000. Institutional investors own 79.09% of the company’s stock.

Analysts Set New Price Targets

Several research firms have recently issued reports on AEE. Wall Street Zen raised shares of Ameren from a “sell” rating to a “hold” rating in a research report on Saturday, April 25th. Truist Financial began coverage on shares of Ameren in a research report on Monday, April 20th. They issued a “buy” rating and a $126.00 price target on the stock. Royal Bank Of Canada reissued a “sector perform” rating and issued a $116.00 price target on shares of Ameren in a research report on Friday, January 23rd. Weiss Ratings lowered shares of Ameren from a “buy (b)” rating to a “buy (b-)” rating in a research report on Friday, April 24th. Finally, BMO Capital Markets boosted their price target on shares of Ameren from $112.00 to $120.00 and gave the company an “outperform” rating in a research report on Friday, February 13th. One equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $117.31.

Read Our Latest Research Report on Ameren

About Ameren

(Get Free Report)

Ameren Corporation (NYSE: AEE) is an integrated energy company headquartered in St. Louis, Missouri, that provides electric and natural gas delivery and related services in portions of Missouri and Illinois. The company operates regulated utility businesses that serve a broad mix of residential, commercial and industrial customers, and it participates in wholesale energy markets and transmission operations that support reliable service across its service territories.

Ameren’s core activities include generation, transmission and distribution of electricity, distribution of natural gas, and the provision of customer energy solutions such as demand-side management and energy efficiency programs.

See Also

Earnings History for Ameren (NYSE:AEE)

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