AES (NYSE:AES) Updates FY 2025 Earnings Guidance

AES (NYSE:AES) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of 2.100-2.26 for the period, compared to the consensus estimate of 2.160. The company issued revenue guidance of -.

Analysts Set New Price Targets

A number of brokerages have recently commented on AES. Barclays boosted their price objective on AES from $14.00 to $15.00 and gave the stock an “overweight” rating in a research report on Tuesday, October 21st. Evercore ISI began coverage on shares of AES in a research report on Monday, October 6th. They issued an “in-line” rating and a $15.00 price objective on the stock. JPMorgan Chase & Co. increased their target price on AES from $14.00 to $15.00 and gave the stock an “overweight” rating in a research note on Tuesday, July 22nd. Morgan Stanley lifted their price target on shares of AES from $23.00 to $24.00 and gave the company an “overweight” rating in a research report on Wednesday, October 22nd. Finally, Susquehanna lifted their price objective on AES from $16.00 to $17.00 and gave the stock a “positive” rating in a research report on Monday, October 13th. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, three have assigned a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $23.91.

AES Price Performance

AES stock traded up $0.40 during mid-day trading on Wednesday, hitting $13.84. The company’s stock had a trading volume of 6,498,476 shares, compared to its average volume of 14,231,402. The company has a quick ratio of 0.74, a current ratio of 0.82 and a debt-to-equity ratio of 3.46. AES has a twelve month low of $9.46 and a twelve month high of $15.51. The stock has a market capitalization of $9.85 billion, a P/E ratio of 9.72, a P/E/G ratio of 0.59 and a beta of 0.93. The stock’s fifty day moving average price is $13.72 and its two-hundred day moving average price is $12.39.

AES (NYSE:AES) last announced its quarterly earnings results on Wednesday, November 5th. The utilities provider reported $0.75 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.69 by $0.06. The business had revenue of $3.35 billion during the quarter, compared to analyst estimates of $3.37 billion. AES had a return on equity of 19.02% and a net margin of 8.42%.The firm’s revenue was up 1.9% on a year-over-year basis. During the same period in the previous year, the company earned $0.71 EPS. Research analysts forecast that AES will post 1.93 earnings per share for the current year.

AES Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, November 14th. Investors of record on Friday, October 31st will be given a dividend of $0.176 per share. The ex-dividend date is Friday, October 31st. This represents a $0.70 annualized dividend and a yield of 5.1%. AES’s dividend payout ratio is 49.30%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. United Services Automobile Association bought a new position in AES during the 1st quarter worth $190,000. Jones Financial Companies Lllp lifted its position in shares of AES by 259.7% during the first quarter. Jones Financial Companies Lllp now owns 54,407 shares of the utilities provider’s stock valued at $675,000 after purchasing an additional 39,283 shares in the last quarter. Woodline Partners LP raised its stake in shares of AES by 40.7% during the 1st quarter. Woodline Partners LP now owns 60,072 shares of the utilities provider’s stock worth $746,000 after purchasing an additional 17,372 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in AES by 6.1% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 68,745 shares of the utilities provider’s stock valued at $854,000 after purchasing an additional 3,936 shares during the period. Finally, Empowered Funds LLC raised its stake in AES by 763.3% in the 1st quarter. Empowered Funds LLC now owns 146,851 shares of the utilities provider’s stock valued at $1,824,000 after acquiring an additional 129,841 shares during the period. Institutional investors own 93.13% of the company’s stock.

About AES

The AES Corporation, together with its subsidiaries, operates as a diversified power generation and utility company in the United States and internationally. The company owns and/or operates power plants to generate and sell power to customers, such as utilities, industrial users, and other intermediaries; owns and/or operates utilities to generate or purchase, distribute, transmit, and sell electricity to end-user customers in the residential, commercial, industrial, and governmental sectors; and generates and sells electricity on the wholesale market.