Ameren (NYSE:AEE) Updates FY 2026 Earnings Guidance

Ameren (NYSE:AEE) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share guidance of 5.250-5.450 for the period, compared to the consensus earnings per share estimate of 5.370. The company issued revenue guidance of -.

Analysts Set New Price Targets

AEE has been the topic of a number of research analyst reports. JPMorgan Chase & Co. lifted their target price on Ameren from $126.00 to $137.00 and gave the stock an “overweight” rating in a research report on Thursday, July 16th. Wall Street Zen raised Ameren from a “sell” rating to a “hold” rating in a research report on Saturday, July 25th. Wells Fargo & Company reaffirmed an “overweight” rating and set a $120.00 price target on shares of Ameren in a research report on Tuesday, April 21st. BMO Capital Markets decreased their price objective on Ameren from $121.00 to $119.00 and set an “outperform” rating for the company in a report on Wednesday, July 22nd. Finally, Barclays lifted their target price on shares of 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 three have assigned a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $121.50.

Ameren Price Performance

AEE traded up $1.01 on Friday, hitting $109.76. 2,754,452 shares of the company were exchanged, compared to its average volume of 1,728,640. The business’s fifty day moving average is $110.99 and its 200 day moving average is $109.60. Ameren has a fifty-two week low of $96.57 and a fifty-two week high of $118.32. The company has a debt-to-equity ratio of 1.39, a quick ratio of 0.44 and a current ratio of 0.62. The firm has a market capitalization of $30.38 billion, a P/E ratio of 19.74, a price-to-earnings-growth ratio of 2.66 and a beta of 0.47.

Ameren (NYSE:AEE) last released its quarterly earnings results on Thursday, July 30th. The utilities provider reported $1.13 earnings per share for the quarter, topping analysts’ consensus estimates of $1.08 by $0.05. The business had revenue of $2.09 billion for the quarter, compared to analysts’ expectations of $2.27 billion. Ameren had a return on equity of 10.94% and a net margin of 17.17%.The company’s revenue was down 5.8% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.01 EPS. Ameren has set its FY 2026 guidance at 5.250-5.450 EPS. As a group, sell-side analysts anticipate that Ameren will post 5.39 EPS for the current year.

Ameren Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 9th were issued a $0.75 dividend. The ex-dividend date of this dividend was Tuesday, June 9th. This represents a $3.00 annualized dividend and a yield of 2.7%. Ameren’s dividend payout ratio is 53.96%.

Insider Buying and Selling at Ameren

In other news, SVP Theresa A. Shaw sold 1,500 shares of Ameren stock in a transaction on Tuesday, May 12th. The stock was sold at an average price of $109.35, for a total transaction of $164,025.00. Following the completion of the transaction, the senior vice president owned 32,943 shares of the company’s stock, valued at $3,602,317.05. The trade was a 4.36% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.29% of the stock is currently owned by corporate insiders.

Ameren News Roundup

Here are the key news stories impacting Ameren this week:

• Positive Sentiment: Quarterly earnings beat expectations: Ameren reported second-quarter 2026 EPS of $1.13, up from $1.01 a year earlier and above the $1.08 analyst consensus. Net income attributable to common shareholders increased to $314 million from $275 million. Infrastructure investments and lower fuel costs supported profitability. Ameren Q2 Earnings Beat Estimates
• Positive Sentiment: Regulated businesses delivered growth: Ameren Missouri earnings rose to $157 million from $150 million, while Ameren Transmission earnings increased to $96 million from $86 million, reflecting ongoing investment in utility infrastructure. Ameren Q2 2026 Net Income Rises to $314 Million
• Positive Sentiment: 2026 guidance was reaffirmed: Ameren maintained its full-year EPS range of $5.25 to $5.45, supporting earnings visibility and signaling no change to management’s expectations. Ameren Announces Second Quarter 2026 Results
• Neutral Sentiment: Management discussed continued capital investment: The earnings call reinforced the longer-term growth strategy centered on infrastructure spending, although higher operations and maintenance costs partially offset those benefits. Ameren Q2 2026 Earnings Call Transcript
• Negative Sentiment: Revenue missed sharply: Quarterly revenue declined 5.8% year over year to $2.092 billion, below the $2.27 billion consensus estimate. The decline reflects lower fuel-related revenue, which helped margins but signals weaker top-line growth. Ameren Q2 Earnings Surpass Estimates, Revenues Decline Year over Year
• Negative Sentiment: Power-supply constraints remain a risk: An internal analysis reportedly showed Ameren’s planned large gas plant may not eliminate the Midwest’s capacity and reserve shortfall as data-center demand rises, adding potential regulatory, capital-spending and execution concerns. Ameren’s Mega Gas Plant and Midwest Power Crunch

Hedge Funds Weigh In On Ameren

Several hedge funds have recently added to or reduced their stakes in the business. NewEdge Advisors LLC increased its position in Ameren by 22.9% during the first quarter. NewEdge Advisors LLC now owns 8,077 shares of the utilities provider’s stock worth $811,000 after buying an additional 1,503 shares in the last quarter. Empowered Funds LLC lifted its stake in shares of Ameren by 19.8% during the first quarter. Empowered Funds LLC now owns 6,255 shares of the utilities provider’s stock valued at $628,000 after buying an additional 1,034 shares during the period. Woodline Partners LP boosted its position in Ameren by 42.2% during the first quarter. Woodline Partners LP now owns 22,802 shares of the utilities provider’s stock worth $2,289,000 after acquiring an additional 6,772 shares during the last quarter. EverSource Wealth Advisors LLC boosted its position in Ameren by 48.1% during the second quarter. EverSource Wealth Advisors LLC now owns 1,555 shares of the utilities provider’s stock worth $149,000 after acquiring an additional 505 shares during the last quarter. Finally, Brown Advisory Inc. boosted its position in Ameren by 6.3% during the second quarter. Brown Advisory Inc. now owns 4,688 shares of the utilities provider’s stock worth $450,000 after acquiring an additional 277 shares during the last quarter. 79.09% of the stock is currently owned by hedge funds and other institutional investors.

Ameren Company Profile

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.