Ameren Corporation (NYSE:AEE) Declares $0.75 Quarterly Dividend

Ameren Corporation (NYSE:AEE) declared a quarterly dividend on Friday, August 14th. Shareholders of record on Tuesday, September 8th will be given a dividend of 0.75 per share by the utilities provider on Wednesday, September 30th. This represents a c) dividend on an annualized basis and a yield of 2.8%. The ex-dividend date of this dividend is Tuesday, September 8th.

Ameren has increased its dividend payment by an average of 0.1%annually over the last three years and has raised its dividend every year for the last 12 years. Ameren has a payout ratio of 56.6% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Ameren to earn $5.86 per share next year, which means the company should continue to be able to cover its $3.00 annual dividend with an expected future payout ratio of 51.2%.

Ameren Stock Down 0.1%

Shares of NYSE:AEE opened at $106.34 on Friday. The company has a quick ratio of 0.37, a current ratio of 0.53 and a debt-to-equity ratio of 1.38. Ameren has a 52-week low of $96.57 and a 52-week high of $118.32. The company has a 50 day moving average of $110.13 and a two-hundred day moving average of $110.26. The company has a market capitalization of $29.44 billion, a price-to-earnings ratio of 18.72, a price-to-earnings-growth ratio of 3.11 and a beta of 0.46.

Ameren (NYSE:AEE) last posted its quarterly earnings data on Thursday, July 30th. The utilities provider reported $1.13 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.08 by $0.05. Ameren had a net margin of 17.86% and a return on equity of 10.95%. The company had revenue of $2.09 billion for the quarter, compared to analyst estimates of $2.27 billion. During the same quarter last year, the firm posted $1.01 earnings per share. The business’s quarterly revenue was down 5.8% on a year-over-year basis. Ameren has set its FY 2026 guidance at 5.250-5.450 EPS. As a group, analysts forecast that Ameren will post 5.4 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on the stock. Wall Street Zen downgraded shares of Ameren from a “hold” rating to a “sell” rating in a research note on Saturday, August 8th. JPMorgan Chase & Co. upped their price objective on shares of Ameren from $126.00 to $137.00 and gave the company an “overweight” rating in a research report on Thursday, July 16th. KeyCorp upgraded Ameren from a “sector weight” rating to an “overweight” rating and set a $122.00 target price for the company in a research note on Thursday, July 23rd. BMO Capital Markets dropped their target price on Ameren from $121.00 to $119.00 and set an “outperform” rating on the stock in a research report on Wednesday, July 22nd. Finally, BTIG Research set a $126.00 price target on Ameren in a research note on Thursday, July 23rd. Ten equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $121.42.

Ameren Company Profile

Ameren Corporation (NYSE: AEE) is an integrated energy company headquartered in St. Louis, Missouri, that provides electric and natural gas delivery and related services in portions of Missouri and Illinois. The company operates regulated utility businesses that serve a broad mix of residential, commercial and industrial customers, and it participates in wholesale energy markets and transmission operations that support reliable service across its service territories.

Ameren’s core activities include generation, transmission and distribution of electricity, distribution of natural gas, and the provision of customer energy solutions such as demand-side management and energy efficiency programs.