Ameren Corporation (NYSE:AEE) Stock Has Consensus Price Target of $118.08

Shares of Ameren Corporation (NYSE:AEE) have received an average rating of “Moderate Buy” from the fourteen ratings firms that are currently covering the company, MarketBeat reports. Four investment analysts have rated the stock with a hold rating and ten have given a buy rating to the company. The average 1 year price target among brokerages that have issued ratings on the stock in the last year is $117.77.

A number of analysts have recently issued reports on the company. Royal Bank Of Canada reduced their target price on Ameren from $114.00 to $107.00 and set a “sector perform” rating for the company in a report on Friday, September 25th. BTIG Research set a $126.00 price target on shares of Ameren in a report on Thursday, July 23rd. Weiss Ratings restated a “buy (b)” rating on shares of Ameren in a report on Friday, August 7th. Wall Street Zen downgraded shares of Ameren from a “hold” rating to a “sell” rating in a research note on Saturday, August 8th. Finally, Scotiabank began coverage on Ameren in a report on Tuesday, September 29th. They set a “sector perform” rating and a $104.00 price objective for the company.

Ameren Trading Up 0.1%

NYSE:AEE opened at $104.46 on Monday. Ameren has a 12-month low of $96.57 and a 12-month high of $118.32. The firm has a market capitalization of $28.92 billion, a P/E ratio of 19.46, a P/E/G ratio of 3.05 and a beta of 0.44. The company has a debt-to-equity ratio of 1.38, a current ratio of 0.53 and a quick ratio of 0.37. The business has a 50 day simple moving average of $104.65 and a 200 day simple moving average of $108.64.

Ameren (NYSE:AEE) last released its quarterly earnings data on Thursday, July 30th. The utilities provider reported $1.13 earnings per share for the quarter, topping 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 business had revenue of $2.09 billion for the quarter, compared to analysts’ expectations of $2.27 billion. During the same quarter last year, the company earned $1.01 EPS. The company’s revenue for the quarter was down 5.8% compared to the same quarter last year. Ameren has set its FY 2026 guidance at 5.250-5.450 EPS. Equities research analysts predict that Ameren will post 5.40 EPS for the current year.

Ameren Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 31st. Stockholders of record on Tuesday, December 8th will be paid a dividend of $0.75 per share. The ex-dividend date is Tuesday, December 8th. This represents a $3.00 annualized dividend and a dividend yield of 2.9%. Ameren’s dividend payout ratio is 52.82%.

Insider Activity

In related news, Director Rafael Flores sold 248 shares of Ameren stock in a transaction on Friday, September 11th. The shares were sold at an average price of $105.53, for a total value of $26,171.44. Following the completion of the sale, the director owned 13,888 shares of the company’s stock, valued at approximately $1,465,600.64. The trade was a 1.75% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Theresa Shaw sold 325 shares of the company’s stock in a transaction on Friday, August 14th. The stock was sold at an average price of $108.93, for a total transaction of $35,402.25. Following the completion of the sale, the senior vice president owned 32,340 shares of the company’s stock, valued at $3,522,796.20. This represents a 0.99% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 7,073 shares of company stock worth $769,814. 0.29% of the stock is owned by corporate insiders.

Institutional Trading of Ameren

A number of institutional investors and hedge funds have recently modified their holdings of the company. Keating Financial Advisory Services Inc. bought a new stake in Ameren during the second quarter valued at about $27,000. Continuum Advisory LLC acquired a new position in Ameren in the 2nd quarter valued at approximately $30,000. Whittier Trust Co. of Nevada Inc. lifted its position in shares of Ameren by 74.9% in the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 292 shares of the utilities provider’s stock worth $33,000 after acquiring an additional 125 shares during the period. Aberdeen Wealth Management LLC bought a new stake in shares of Ameren in the 2nd quarter worth approximately $35,000. Finally, Ascentis Independent Advisors bought a new stake in shares of Ameren in the 1st quarter worth approximately $36,000. 79.09% of the stock is currently owned by institutional investors and hedge funds.

Ameren Company Profile

Ameren Corporation is a regulated utility holding company that provides electric and natural gas services to customers in Illinois and Missouri. Through its operating companies, Ameren delivers energy to residential, commercial and industrial customers and operates the infrastructure required to generate, transmit and distribute electricity, as well as distribute natural gas.

Ameren Missouri is involved in electric generation, transmission and distribution and natural gas distribution across Missouri.