What is Scotiabank’s Estimate for Ameren FY2026 Earnings?

Ameren Corporation (NYSE:AEE) – Equities researchers at Scotiabank issued their FY2026 earnings per share (EPS) estimates for shares of Ameren in a note issued to investors on Thursday, October 1st. Scotiabank analyst I. Rapp expects that the utilities provider will earn $5.38 per share for the year. Scotiabank currently has a “Sector Perform” rating and a $104.00 target price on the stock. The consensus estimate for Ameren’s current full-year earnings is $5.40 per share. Scotiabank also issued estimates for Ameren’s FY2027 earnings at $5.70 EPS.

Ameren (NYSE:AEE) last announced its quarterly earnings results on Thursday, July 30th. The utilities provider reported $1.13 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.08 by $0.05. The business had revenue of $2.09 billion for the quarter, compared to the consensus estimate of $2.27 billion. Ameren had a return on equity of 10.95% and a net margin of 17.86%.The business’s revenue was down 5.8% on a year-over-year basis. During the same quarter last year, the business posted $1.01 EPS. Ameren has set its FY 2026 guidance at 5.250-5.450 EPS.

A number of other analysts have also recently weighed in on AEE. Royal Bank Of Canada dropped their price objective on shares of Ameren from $114.00 to $107.00 and set a “sector perform” rating on the stock in a report on Friday, September 25th. Truist Financial reduced their target price on shares of Ameren from $124.00 to $120.00 and set a “buy” rating for the company in a research note on Monday, August 17th. Morgan Stanley decreased their target price on shares of Ameren from $114.00 to $108.00 and set an “equal weight” rating for the company in a research report on Friday, September 18th. BTIG Research set a $126.00 price target on shares of Ameren in a research note on Thursday, July 23rd. Finally, Barclays lifted their price target on Ameren from $116.00 to $117.00 and gave the company an “equal weight” rating in a report on Thursday, July 9th. Ten analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $118.08.

Ameren Stock Performance

Shares of AEE opened at $99.81 on Monday. Ameren has a 1 year low of $96.57 and a 1 year high of $118.32. The company has a market cap of $27.63 billion, a price-to-earnings ratio of 17.57, a price-to-earnings-growth ratio of 2.92 and a beta of 0.44. The company has a debt-to-equity ratio of 1.38, a quick ratio of 0.37 and a current ratio of 0.53. The firm has a fifty day moving average of $105.67 and a 200-day moving average of $108.91.

Institutional Trading of Ameren

Institutional investors have recently made changes to their positions in the stock. Droms Strauss Advisors Inc. MO ADV boosted its position in shares of Ameren by 2.2% during the 1st quarter. Droms Strauss Advisors Inc. MO ADV now owns 4,162 shares of the utilities provider’s stock worth $457,000 after purchasing an additional 90 shares in the last quarter. Fortitude Advisory Group L.L.C. increased its position in Ameren by 4.3% in the 1st quarter. Fortitude Advisory Group L.L.C. now owns 2,269 shares of the utilities provider’s stock valued at $249,000 after buying an additional 93 shares in the last quarter. Parallel Advisors LLC raised its stake in Ameren by 1.6% during the 1st quarter. Parallel Advisors LLC now owns 5,746 shares of the utilities provider’s stock worth $632,000 after buying an additional 93 shares during the period. Cidel Asset Management Inc. raised its stake in Ameren by 5.1% during the 2nd quarter. Cidel Asset Management Inc. now owns 1,990 shares of the utilities provider’s stock worth $225,000 after buying an additional 96 shares during the period. Finally, GHP Investment Advisors Inc. raised its stake in Ameren by 19.4% during the 1st quarter. GHP Investment Advisors Inc. now owns 602 shares of the utilities provider’s stock worth $66,000 after buying an additional 98 shares during the period. 79.09% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Ameren

In related news, insider Michael L. Moehn sold 6,500 shares of the stock in a transaction dated Monday, August 3rd. The shares were sold at an average price of $108.96, for a total value of $708,240.00. Following the completion of the transaction, the insider owned 199,689 shares in the company, valued at $21,758,113.44. This represents a 3.15% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Rafael Flores sold 248 shares of the firm’s stock in a transaction dated Friday, September 11th. The shares were sold at an average price of $105.53, for a total transaction of $26,171.44. Following the transaction, the director directly owned 13,888 shares in the company, valued at approximately $1,465,600.64. The trade was a 1.75% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 7,073 shares of company stock worth $769,814 over the last ninety days. 0.29% of the stock is currently owned by corporate insiders.

Ameren Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Tuesday, September 8th were paid a dividend of $0.75 per share. This represents a $3.00 dividend on an annualized basis and a dividend yield of 3.0%. The ex-dividend date was Tuesday, September 8th. Ameren’s payout ratio is currently 52.82%.

About Ameren

Ameren Corporation is a regulated utility holding company that provides electric and natural gas services to customers in Illinois and Missouri. Through its operating companies, Ameren delivers energy to residential, commercial and industrial customers and operates the infrastructure required to generate, transmit and distribute electricity, as well as distribute natural gas.

Ameren Missouri is involved in electric generation, transmission and distribution and natural gas distribution across Missouri.