Ameren Corporation (NYSE:AEE) Given Average Recommendation of “Moderate Buy” by Brokerages

Shares of Ameren Corporation (NYSE:AEE) have been given an average rating of “Moderate Buy” by the fourteen analysts that are currently covering the company, Marketbeat.com reports. Five analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. The average 1-year price objective among brokerages that have issued a report on the stock in the last year is $117.5385.

AEE has been the topic of a number of recent research reports. Wall Street Zen downgraded shares of Ameren from a “hold” rating to a “sell” rating in a report on Monday, May 25th. Truist Financial cut their price target on shares of Ameren from $126.00 to $121.00 and set a “buy” rating on the stock in a report on Monday, May 18th. Weiss Ratings upgraded shares of Ameren from a “buy (b-)” rating to a “buy (b)” rating in a report on Monday, May 11th. BTIG Research initiated coverage on shares of Ameren in a report on Thursday, April 9th. They issued a “buy” rating and a $131.00 target price on the stock. Finally, JPMorgan Chase & Co. upgraded shares of Ameren from a “neutral” rating to an “overweight” rating and lifted their target price for the stock from $120.00 to $126.00 in a report on Thursday, May 21st.

Insider Buying and Selling

In related news, SVP Theresa A. Shaw sold 1,500 shares of Ameren stock in a transaction on Tuesday, May 12th. The shares were sold at an average price of $109.35, for a total value of $164,025.00. Following the transaction, the senior vice president owned 32,943 shares in the company, valued at $3,602,317.05. This trade represents a 4.36% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.29% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the company. Droms Strauss Advisors Inc. MO ADV raised its holdings in Ameren by 2.2% in the 1st quarter. Droms Strauss Advisors Inc. MO ADV now owns 4,162 shares of the utilities provider’s stock worth $457,000 after acquiring an additional 90 shares during the period. Fortitude Advisory Group L.L.C. raised its holdings in Ameren by 4.3% in the 1st quarter. Fortitude Advisory Group L.L.C. now owns 2,269 shares of the utilities provider’s stock worth $249,000 after acquiring an additional 93 shares during the period. Parallel Advisors LLC raised its holdings in Ameren by 1.6% in the 1st 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. CreativeOne Wealth LLC increased its holdings in shares of Ameren by 1.3% during the 3rd quarter. CreativeOne Wealth LLC now owns 7,448 shares of the utilities provider’s stock worth $777,000 after purchasing an additional 98 shares during the period. Finally, GHP Investment Advisors Inc. increased its holdings in shares of Ameren by 19.4% during the 1st quarter. GHP Investment Advisors Inc. now owns 602 shares of the utilities provider’s stock worth $66,000 after purchasing an additional 98 shares during the period. Institutional investors own 79.09% of the company’s stock.

Ameren Stock Up 0.6%

Ameren stock opened at $109.69 on Tuesday. The company has a market capitalization of $30.36 billion, a P/E ratio of 19.73, a P/E/G ratio of 2.19 and a beta of 0.47. The firm’s fifty day simple moving average is $110.05 and its 200-day simple moving average is $106.82. The company has a current ratio of 0.62, a quick ratio of 0.44 and a debt-to-equity ratio of 1.39. Ameren has a 1-year low of $93.50 and a 1-year high of $115.58.

Ameren (NYSE:AEE) last released its quarterly earnings results on Tuesday, May 5th. The utilities provider reported $1.28 earnings per share for the quarter, beating analysts’ consensus estimates of $1.17 by $0.11. The business had revenue of $2.18 billion for the quarter, compared to the consensus estimate of $2.24 billion. Ameren had a net margin of 17.17% and a return on equity of 10.94%. Ameren’s revenue for the quarter was up 3.8% on a year-over-year basis. During the same quarter last year, the firm earned $1.07 EPS. Ameren has set its FY 2026 guidance at 5.250-5.450 EPS. Sell-side analysts forecast that Ameren will post 5.36 earnings per share for the current fiscal year.

Ameren Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Tuesday, June 9th will be issued a $0.75 dividend. This represents a $3.00 annualized dividend and a yield of 2.7%. The ex-dividend date is Tuesday, June 9th. Ameren’s dividend payout ratio (DPR) is 53.96%.

About Ameren

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.