Zacks Research Has Optimistic View of Ameren FY2027 Earnings

Ameren Corporation (NYSE:AEE) – Analysts at Zacks Research upped their FY2027 earnings per share (EPS) estimates for Ameren in a research report issued on Thursday, June 26th. Zacks Research analyst R. Department now forecasts that the utilities provider will earn $5.69 per share for the year, up from their previous estimate of $5.68. The consensus estimate for Ameren’s current full-year earnings is $4.93 per share.

Ameren (NYSE:AEE) last issued its earnings results on Thursday, May 1st. The utilities provider reported $1.07 earnings per share for the quarter, missing the consensus estimate of $1.08 by ($0.01). The firm had revenue of $2.10 billion during the quarter, compared to analysts’ expectations of $1.92 billion. Ameren had a return on equity of 10.40% and a net margin of 15.31%. During the same period last year, the business posted $0.98 earnings per share. The company’s quarterly revenue was up 15.5% compared to the same quarter last year.

Other equities analysts have also recently issued research reports about the company. Barclays upped their price target on Ameren from $101.00 to $104.00 and gave the stock an “equal weight” rating in a report on Tuesday, May 6th. The Goldman Sachs Group raised Ameren from a “sell” rating to a “neutral” rating and boosted their price objective for the company from $91.00 to $100.00 in a report on Wednesday, June 25th. KeyCorp raised shares of Ameren from a “sector weight” rating to an “overweight” rating and set a $103.00 target price on the stock in a report on Wednesday, May 14th. Wells Fargo & Company increased their price target on Ameren from $108.00 to $112.00 and gave the stock an “overweight” rating in a research report on Wednesday, May 14th. Finally, UBS Group reiterated a “buy” rating and issued a $114.00 price objective (up from $113.00) on shares of Ameren in a research report on Monday, June 2nd. Five analysts have rated the stock with a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, Ameren currently has a consensus rating of “Moderate Buy” and a consensus target price of $101.64.

Ameren Price Performance

Ameren stock opened at $96.37 on Monday. The company has a quick ratio of 0.62, a current ratio of 0.86 and a debt-to-equity ratio of 1.49. Ameren has a 52-week low of $70.15 and a 52-week high of $104.10. The firm has a market capitalization of $26.05 billion, a P/E ratio of 21.37, a PEG ratio of 2.80 and a beta of 0.48. The firm has a fifty day moving average of $96.73 and a 200-day moving average of $95.94.

Institutional Investors Weigh In On Ameren

A number of institutional investors and hedge funds have recently modified their holdings of AEE. Steward Partners Investment Advisory LLC raised its holdings in Ameren by 14.4% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 10,174 shares of the utilities provider’s stock worth $907,000 after buying an additional 1,282 shares during the period. Raymond James Financial Inc. purchased a new position in shares of Ameren during the 4th quarter valued at $19,367,000. Smartleaf Asset Management LLC grew its stake in Ameren by 49.4% in the fourth quarter. Smartleaf Asset Management LLC now owns 538 shares of the utilities provider’s stock valued at $48,000 after purchasing an additional 178 shares in the last quarter. Merit Financial Group LLC acquired a new position in Ameren in the first quarter worth approximately $204,000. Finally, Wealth Enhancement Advisory Services LLC increased its stake in shares of Ameren by 6.0% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 16,926 shares of the utilities provider’s stock worth $1,699,000 after purchasing an additional 963 shares during the last quarter. Institutional investors and hedge funds own 79.09% of the company’s stock.

Ameren Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, June 30th. Investors of record on Tuesday, June 10th were issued a $0.71 dividend. The ex-dividend date was Tuesday, June 10th. This represents a $2.84 dividend on an annualized basis and a dividend yield of 2.95%. Ameren’s payout ratio is currently 62.97%.

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.