Ameren Corporation (AEE) to Issue Quarterly Dividend of $0.75 on September 30th

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

Ameren has increased its dividend 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 dividend payout ratio of 56.6% indicating that its dividend is sufficiently covered by earnings. Equities research 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 Price Performance

NYSE AEE opened at $106.34 on Friday. The business’s fifty day moving average is $110.13 and its 200 day moving average is $110.26. The company has a market capitalization of $29.44 billion, a PE ratio of 18.72, a price-to-earnings-growth ratio of 3.11 and a beta of 0.46. The company has a debt-to-equity ratio of 1.38, a quick ratio of 0.37 and a current ratio of 0.53. Ameren has a fifty-two week low of $96.57 and a fifty-two week high of $118.32.

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

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the stock. BTIG Research set a $126.00 price objective on shares of Ameren in a report on Thursday, July 23rd. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Ameren in a research note on Friday, August 7th. BMO Capital Markets dropped their price objective on shares of Ameren from $121.00 to $119.00 and set an “outperform” rating for the company in a research note on Wednesday, July 22nd. KeyCorp upgraded Ameren from a “sector weight” rating to an “overweight” rating and set a $122.00 price target on the stock in a report on Thursday, July 23rd. Finally, Truist Financial cut their price target on shares of Ameren from $124.00 to $120.00 and set a “buy” rating on the stock in a report on Monday, August 17th. Ten investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price 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.