Ameren (NYSE:AEE – Get Free Report) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 4.850-5.050 for the period, compared to the consensus estimate of 4.910. The company issued revenue guidance of -. Ameren also updated its FY 2024 guidance to 4.550-4.690 EPS.
Wall Street Analyst Weigh In
AEE has been the subject of a number of recent analyst reports. Wells Fargo & Company upped their price target on Ameren from $91.00 to $96.00 and gave the company an “overweight” rating in a research note on Friday, September 20th. Barclays increased their target price on shares of Ameren from $77.00 to $88.00 and gave the stock an “overweight” rating in a report on Tuesday, October 15th. UBS Group started coverage on shares of Ameren in a research report on Friday, July 19th. They set a “buy” rating and a $87.00 price target on the stock. Argus upgraded shares of Ameren to a “strong-buy” rating in a research report on Thursday, September 19th. Finally, Morgan Stanley raised their price objective on Ameren from $81.00 to $85.00 and gave the stock an “equal weight” rating in a research note on Wednesday, September 25th. One investment analyst has rated the stock with a sell rating, six have given a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $87.80.
Get Our Latest Stock Analysis on Ameren
Ameren Stock Up 4.2 %
Ameren Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Wednesday, December 11th will be given a dividend of $0.67 per share. This represents a $2.68 annualized dividend and a yield of 2.97%. The ex-dividend date is Wednesday, December 11th. Ameren’s dividend payout ratio (DPR) is currently 63.06%.
Insider Activity
In related news, EVP Chonda J. Nwamu sold 1,610 shares of the firm’s stock in a transaction dated Wednesday, August 28th. The shares were sold at an average price of $81.94, for a total value of $131,923.40. Following the completion of the sale, the executive vice president now directly owns 44,432 shares in the company, valued at approximately $3,640,758.08. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 0.42% of the company’s stock.
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 Special Dividends Can be a Delightful Surprise for Income Investors
- Airbnb Stock Attracts Attention With Strong Cash Flow Strategy
- What is a Death Cross in Stocks?
- MarketBeat Week in Review – 11/4 – 11/8
- Investing in the High PE Growth Stocks
- Trump’s Return: Which Sectors Will Benefit Most?
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.