Ameren (NYSE:AEE – Get Free Report) updated its FY 2025 earnings guidance on Wednesday. The company provided EPS guidance of 4.850-5.050 for the period, compared to the consensus EPS estimate of 4.910. The company issued revenue guidance of -. Ameren also updated its FY 2024 guidance to 4.550-4.690 EPS.
Analyst Ratings Changes
Several equities analysts have weighed in on AEE shares. Argus upgraded shares of Ameren to a “strong-buy” rating in a research report on Thursday, September 19th. Jefferies Financial Group assumed coverage on Ameren in a research report on Thursday, September 19th. They set a “buy” rating and a $97.00 price target on the stock. Bank of America lifted their target price on Ameren from $86.00 to $87.00 and gave the company a “neutral” rating in a research note on Thursday, August 29th. BMO Capital Markets increased their price target on shares of Ameren from $84.00 to $87.00 and gave the stock an “outperform” rating in a research report on Tuesday, August 6th. Finally, Barclays upped their price objective on shares of Ameren from $77.00 to $88.00 and gave the company an “overweight” rating in a research note on Tuesday, October 15th. 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 issued a strong buy rating to the company. Based on data from MarketBeat, Ameren presently has an average rating of “Moderate Buy” and a consensus price target of $87.80.
Get Our Latest Stock Analysis on AEE
Ameren Stock Up 0.1 %
Ameren Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 31st. Investors of record on Wednesday, December 11th will be issued a $0.67 dividend. The ex-dividend date is Wednesday, December 11th. This represents a $2.68 annualized dividend and a yield of 3.05%. Ameren’s dividend payout ratio (DPR) is presently 60.63%.
Insiders Place Their Bets
In related news, EVP Chonda J. Nwamu sold 1,610 shares of the business’s stock in a transaction on Wednesday, August 28th. The shares were sold at an average price of $81.94, for a total transaction of $131,923.40. Following the transaction, the executive vice president now owns 44,432 shares of the company’s stock, valued at approximately $3,640,758.08. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Company insiders own 0.42% of the company’s stock.
About Ameren
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.
Featured Stories
- Five stocks we like better than Ameren
- Election Stocks: How Elections Affect the Stock Market
- What a Trump Win Looks Like for the Market Now and Into 2025
- The Role Economic Reports Play in a Successful Investment Strategy
- Russell 2000 Surge Post-Election: How to Play the Small-Cap Pop
- Conference Calls and Individual Investors
- Macro Headwinds Send Microchip Technology Stock to the Buy Zone
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.