Earnings

Ameren Reports Quarterly Earnings Results

Published February 15, 2025

Ameren (NYSE:AEE - Get Free Report) released its quarterly earnings report on Thursday. The utility provider announced an earnings per share (EPS) of $0.77 for the quarter, falling short of analysts' consensus estimate of $0.83 by $0.06, according to RTT News. The company achieved a return on equity of 10.09% and maintained a net margin of 15.52%. In the same quarter last year, Ameren reported earnings of $0.60 per share.

Ameren Stock Performance

On Thursday, during midday trading, shares of Ameren (NYSE:AEE) rose by $1.09, reaching a price of $98.35. The trading volume for the day was about 2,628,964 shares, which is significantly higher than the average volume of 1,449,381 shares. The company's stock has a 50-day moving average of $91.79 and a 200-day moving average of $88.17. Ameren holds a market capitalization of $26.25 billion, a price-to-earnings (PE) ratio of 23.14, and a price-to-earnings growth (PEG) ratio of 2.98. The stock has a beta of 0.49 and shows a debt-to-equity ratio of 1.37 with a quick ratio of 0.41 and a current ratio of 0.63. Over the past twelve months, the stock has seen a low of $67.68 and a high of $98.69.

Ameren Increases Dividend

Recently, Ameren announced its quarterly dividend, which is set to be paid on Monday, March 31st. Shareholders recorded on Tuesday, March 11th, will receive a dividend of $0.71. This indicates an annualized dividend of $2.84, corresponding to a dividend yield of 2.89%. This new dividend represents an increase from the previous quarterly dividend of $0.67. The ex-dividend date is also set for Tuesday, March 11th. Currently, Ameren's dividend payout ratio stands at 63.06%.

Analysts Set New Price Targets

Several brokerages have provided updates on Ameren's stock. For instance, Morgan Stanley raised its price target for the company from $86.00 to $94.00, assigning an "equal weight" rating in a note published on December 13th. Barclays downgraded Ameren from an "overweight" rating to "equal weight", also increasing its price target from $88.00 to $95.00 in a report on January 27th. BMO Capital Markets boosted its price goal for Ameren from $93.00 to $98.00 with an "outperform" rating given on December 5th. Lastly, Evercore ISI upgraded Ameren from an "in-line" rating to an "outperform" rating, raising the price target from $89.00 to $104.00 on January 21st. According to MarketBeat, the consensus rating for Ameren is "Moderate Buy", with an average target price of $92.00.

Insiders Place Their Bets

In other news regarding Ameren, Chief Financial Officer Michael L. Moehn sold 6,500 shares of stock in a transaction conducted on November 20th. The sale was executed at an average price of $92.15, leading to a total transaction value of approximately $598,975. Following this transaction, the CFO owns 205,171 shares of the company, valued at around $18.91 million. This sale resulted in a 3.07% reduction in the CFO's holdings. The sale has been disclosed to the Securities and Exchange Commission. Presently, insiders own about 0.42% of Ameren's stock.

Ameren Company Profile