What is Scotiabank’s Forecast for Ameren FY2026 Earnings?

Ameren Corporation (NYSE:AEE) – Equities research analysts at Scotiabank upped their FY2026 earnings per share (EPS) estimates for Ameren in a report released on Monday, November 2nd. Scotiabank analyst I. Rapp now forecasts that the utilities provider will post earnings of $5.41 per share for the year, up from their prior forecast of $5.38. Scotiabank has a “Sector Perform” rating and a $104.00 price objective on the stock. The consensus estimate for Ameren’s current full-year earnings is $5.40 per share.

A number of other research firms have also weighed in on AEE. Jefferies Financial Group decreased their target price on Ameren from $136.00 to $122.00 in a report on Thursday, October 15th. Wall Street Zen cut Ameren from a “hold” rating to a “sell” rating in a research note on Sunday, October 25th. Barclays cut their price target on Ameren from $117.00 to $109.00 and set an “equal weight” rating for the company in a report on Monday, October 19th. Bank of America reduced their price objective on shares of Ameren from $113.00 to $107.00 and set a “neutral” rating for the company in a research report on Wednesday, October 21st. Finally, TD Cowen initiated coverage on shares of Ameren in a report on Thursday, October 22nd. They issued a “hold” rating and a $114.00 price objective on the stock. Thirteen equities research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat, Ameren presently has a consensus rating of “Moderate Buy” and a consensus target price of $117.43.

Ameren Stock Performance

AEE opened at $113.25 on Thursday. Ameren has a 12-month low of $96.57 and a 12-month high of $118.32. The stock has a market cap of $31.35 billion, a price-to-earnings ratio of 20.59, a PEG ratio of 3.22 and a beta of 0.42. The business has a 50 day moving average of $104.67 and a 200-day moving average of $108.42. The company has a quick ratio of 0.37, a current ratio of 0.53 and a debt-to-equity ratio of 1.38.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the company. Droms Strauss Advisors Inc. MO ADV grew its stake in shares of Ameren by 2.2% in the first quarter. Droms Strauss Advisors Inc. MO ADV now owns 4,162 shares of the utilities provider’s stock valued at $457,000 after acquiring an additional 90 shares in the last quarter. Parallel Advisors LLC increased its position in Ameren by 1.6% during the first quarter. Parallel Advisors LLC now owns 5,746 shares of the utilities provider’s stock worth $632,000 after acquiring an additional 93 shares during the period. Cidel Asset Management Inc. raised its stake in Ameren by 5.1% in the 2nd quarter. Cidel Asset Management Inc. now owns 1,990 shares of the utilities provider’s stock worth $225,000 after purchasing an additional 96 shares in the last quarter. IFP Advisors Inc raised its stake in Ameren by 5.1% in the 3rd quarter. IFP Advisors Inc now owns 2,051 shares of the utilities provider’s stock worth $204,000 after purchasing an additional 100 shares in the last quarter. Finally, Avidian Wealth Enterprises LLC raised its stake in Ameren by 1.5% in the 3rd quarter. Avidian Wealth Enterprises LLC now owns 8,212 shares of the utilities provider’s stock worth $816,000 after purchasing an additional 124 shares in the last quarter. Institutional investors own 79.09% of the company’s stock.

Insider Activity at Ameren

In other news, SVP Theresa Shaw sold 325 shares of the company’s stock in a transaction that occurred on Friday, August 14th. The stock was sold at an average price of $108.93, for a total value of $35,402.25. Following the transaction, the senior vice president owned 32,340 shares of the company’s stock, valued at approximately $3,522,796.20. This represents a 0.99% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Rafael Flores sold 248 shares of the stock in a transaction that occurred on Friday, September 11th. The stock was sold at an average price of $105.53, for a total value of $26,171.44. Following the transaction, the director owned 13,888 shares in the company, valued at approximately $1,465,600.64. This trade represents a 1.75% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.29% of the stock is currently owned by corporate insiders.

Ameren Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 31st. Stockholders of record on Tuesday, December 8th will be given a $0.75 dividend. The ex-dividend date of this dividend is Tuesday, December 8th. This represents a $3.00 annualized dividend and a dividend yield of 2.6%. Ameren’s dividend payout ratio is presently 52.82%.

Ameren Company Profile

Ameren Corporation is a regulated electric and natural gas utility holding company headquartered in St. Louis, Missouri. Through its operating companies, Ameren Missouri and Ameren Illinois, the company provides electric generation, transmission and distribution services, as well as natural gas distribution.

Ameren serves approximately 2.5 million electric customers and more than 900,000 natural gas customers across Missouri and Illinois. Its operations include a diverse generation portfolio and infrastructure designed to deliver reliable energy to residential, commercial and industrial customers, while supporting the transition toward cleaner energy resources.

Ameren was formed in 1997 through the merger of Union Electric Company and CIPSCO Inc The company is led by Martin J.