Ameren (NYSE:AEE) Announces FY 2027 Earnings Guidance

Ameren (NYSE:AEE) issued an update on its FY 2027 earnings guidance on Monday morning. The company provided earnings per share guidance of 5.700-5.900 for the period, compared to the consensus estimate of 5.810.

Analyst Upgrades and Downgrades

AEE has been the subject of a number of research reports. The Goldman Sachs Group decreased their price target on shares of Ameren from $118.00 to $115.00 and set a “neutral” rating for the company in a research report on Thursday, October 15th. Mizuho raised their price objective on Ameren from $113.00 to $123.00 and gave the company an “outperform” rating in a research report on Monday. BMO Capital Markets raised their price objective on Ameren from $113.00 to $115.00 in a research report on Thursday, October 22nd. Morgan Stanley boosted their price objective on Ameren from $108.00 to $109.00 and gave the stock an “equal weight” rating in a research note on Wednesday, October 21st. Finally, TD Cowen initiated coverage on Ameren in a research report on Thursday, October 22nd. They issued a “hold” rating and a $114.00 target price for the company. Thirteen analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $117.95.

Ameren Trading Down 0.2%

NYSE AEE opened at $113.74 on Wednesday. The company’s fifty day simple moving average is $105.20 and its 200-day simple moving average is $108.61. Ameren has a 52 week low of $96.57 and a 52 week high of $118.32. The company has a current ratio of 0.74, a quick ratio of 0.54 and a debt-to-equity ratio of 1.43. The stock has a market cap of $31.50 billion, a P/E ratio of 20.32, a PEG ratio of 3.33 and a beta of 0.42.

Ameren (NYSE:AEE) last announced its earnings results on Thursday, November 5th. The utilities provider reported $2.42 earnings per share for the quarter, beating the consensus estimate of $2.29 by $0.13. The business had revenue of $2.88 billion during the quarter, compared to the consensus estimate of $2.82 billion. Ameren had a net margin of 17.90% and a return on equity of 11.27%. The business’s quarterly revenue was up 6.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.17 earnings per share. Equities research analysts predict that Ameren will post 5.41 EPS for the current fiscal year.

Ameren Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 31st. Shareholders of record on Tuesday, December 8th will be issued a $0.75 dividend. The ex-dividend date is Tuesday, December 8th. This represents a $3.00 dividend on an annualized basis and a yield of 2.6%. Ameren’s payout ratio is currently 52.17%.

Insider Buying and Selling at Ameren

In other Ameren news, SVP Theresa Shaw sold 325 shares of the company’s stock in a transaction dated Friday, August 14th. The shares were sold at an average price of $108.93, for a total value of $35,402.25. Following the completion of the transaction, the senior vice president directly owned 32,340 shares of the company’s stock, valued at $3,522,796.20. This represents a 0.99% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 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 value of $26,171.44. Following the sale, the director owned 13,888 shares of the company’s stock, valued at $1,465,600.64. This represents a 1.75% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 7,073 shares of company stock valued at $781,254 in the last ninety days. Insiders own 0.29% of the company’s stock.

About Ameren

Ameren Corporation is a regulated utility holding company headquartered in St. Louis, Missouri. Through its subsidiaries, it provides electric and natural gas service to customers across Missouri and Illinois. Ameren Missouri generates, transmits and distributes electricity and delivers natural gas in parts of Missouri. Ameren Illinois operates electric transmission and distribution systems and provides natural gas delivery service in parts of Illinois. The company also develops and operates electric transmission infrastructure.