What is Zacks Research’s Forecast for Ameren Q4 Earnings?

Ameren Co. (NYSE:AEE) – Stock analysts at Zacks Research raised their Q4 2024 EPS estimates for shares of Ameren in a report issued on Wednesday, November 27th. Zacks Research analyst R. Department now anticipates that the utilities provider will post earnings per share of $0.74 for the quarter, up from their previous estimate of $0.67. The consensus estimate for Ameren’s current full-year earnings is $4.61 per share. Zacks Research also issued estimates for Ameren’s Q1 2025 earnings at $1.10 EPS, Q2 2025 earnings at $0.85 EPS, Q3 2025 earnings at $1.94 EPS, FY2025 earnings at $4.88 EPS, Q1 2026 earnings at $1.33 EPS, Q2 2026 earnings at $1.08 EPS and FY2026 earnings at $5.28 EPS.

Several other equities research analysts have also recently issued reports on the stock. Morgan Stanley decreased their price target on shares of Ameren from $88.00 to $86.00 and set an “equal weight” rating on the stock in a research note on Friday, November 22nd. Argus raised shares of Ameren to a “strong-buy” rating in a research report on Thursday, September 19th. Wells Fargo & Company raised their target price on shares of Ameren from $91.00 to $96.00 and gave the stock an “overweight” rating in a research report on Friday, September 20th. Barclays raised their target price on shares of Ameren from $77.00 to $88.00 and gave the stock an “overweight” rating in a research report on Tuesday, October 15th. Finally, Jefferies Financial Group initiated coverage on shares of Ameren in a research report on Thursday, September 19th. They issued a “buy” rating and a $97.00 target price on the stock. One analyst has rated the stock with a sell rating, six have assigned a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $87.78.

Ameren Price Performance

Ameren stock opened at $91.80 on Monday. Ameren has a 12-month low of $67.03 and a 12-month high of $95.69. The stock has a market capitalization of $24.50 billion, a P/E ratio of 21.60, a P/E/G ratio of 3.06 and a beta of 0.48. The firm’s 50-day moving average is $89.25 and its two-hundred day moving average is $81.28. The company has a debt-to-equity ratio of 1.37, a current ratio of 0.63 and a quick ratio of 0.41.

Institutional Trading of Ameren

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Versant Capital Management Inc increased its stake in Ameren by 115.3% during the second quarter. Versant Capital Management Inc now owns 366 shares of the utilities provider’s stock valued at $26,000 after purchasing an additional 196 shares during the last quarter. First Command Advisory Services Inc. bought a new stake in Ameren during the second quarter valued at $26,000. EverSource Wealth Advisors LLC increased its stake in Ameren by 227.3% during the first quarter. EverSource Wealth Advisors LLC now owns 455 shares of the utilities provider’s stock valued at $34,000 after purchasing an additional 316 shares during the last quarter. Jamison Private Wealth Management Inc. bought a new stake in Ameren during the third quarter valued at $44,000. Finally, American National Bank bought a new stake in Ameren during the second quarter valued at $37,000. Institutional investors own 79.09% of the company’s stock.

Insider Activity

In related news, CFO Michael L. Moehn sold 6,500 shares of Ameren stock in a transaction on Wednesday, November 20th. The shares were sold at an average price of $92.15, for a total value of $598,975.00. Following the completion of the sale, the chief financial officer now owns 205,171 shares in the company, valued at approximately $18,906,507.65. The trade was a 3.07 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.36% of the company’s stock.

Ameren Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Wednesday, December 11th will be paid a dividend of $0.67 per share. The ex-dividend date of this dividend is Wednesday, December 11th. This represents a $2.68 dividend on an annualized basis and a dividend yield of 2.92%. Ameren’s dividend payout ratio is currently 63.06%.

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.