What is Zacks Research’s Forecast for Ameren Q4 Earnings?

Ameren Co. (NYSE:AEE) – Investment analysts at Zacks Research lifted their Q4 2024 EPS estimates for Ameren in a research note issued to investors on Wednesday, November 27th. Zacks Research analyst R. Department now expects that the utilities provider will post earnings of $0.74 per share for the quarter, up from their previous estimate of $0.67. The consensus estimate for Ameren’s current full-year earnings is $4.61 per share. Zacks Research also issued estimates for Ameren’s Q1 2025 earnings at $1.10 EPS, Q2 2025 earnings at $0.85 EPS, Q3 2025 earnings at $1.94 EPS, FY2025 earnings at $4.88 EPS, Q1 2026 earnings at $1.33 EPS, Q2 2026 earnings at $1.08 EPS and FY2026 earnings at $5.28 EPS.

Several other equities research analysts also recently weighed in on the stock. Bank of America upped their price objective on shares of Ameren from $86.00 to $87.00 and gave the stock a “neutral” rating in a report on Thursday, August 29th. Morgan Stanley dropped their price target on shares of Ameren from $88.00 to $86.00 and set an “equal weight” rating on the stock in a research report on Friday, November 22nd. Wells Fargo & Company boosted their price target on shares of Ameren from $91.00 to $96.00 and gave the stock an “overweight” rating in a research report on Friday, September 20th. Jefferies Financial Group began coverage on shares of Ameren in a research report on Thursday, September 19th. They issued a “buy” rating and a $97.00 price target on the stock. Finally, Argus upgraded shares of Ameren to a “strong-buy” rating in a research report on Thursday, September 19th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating, six have issued a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, Ameren currently has an average rating of “Moderate Buy” and a consensus target price of $87.78.

Ameren Stock Performance

AEE stock opened at $91.80 on Monday. The company has a market capitalization of $24.50 billion, a P/E ratio of 21.60, a PEG ratio of 3.06 and a beta of 0.48. The company has a 50-day simple moving average of $89.25 and a 200 day simple moving average of $81.28. Ameren has a fifty-two week low of $67.03 and a fifty-two week high of $95.69. The company has a quick ratio of 0.41, a current ratio of 0.63 and a debt-to-equity ratio of 1.37.

Ameren Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Wednesday, December 11th will be issued a $0.67 dividend. The ex-dividend date of this dividend is Wednesday, December 11th. This represents a $2.68 dividend on an annualized basis and a dividend yield of 2.92%. Ameren’s dividend payout ratio is 63.06%.

Insider Activity

In other news, CFO Michael L. Moehn sold 6,500 shares of the company’s stock in a transaction dated Wednesday, November 20th. The stock was sold at an average price of $92.15, for a total value of $598,975.00. Following the transaction, the chief financial officer now owns 205,171 shares in the company, valued at $18,906,507.65. This represents a 3.07 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.36% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Ameren

Several large investors have recently made changes to their positions in AEE. Tidal Investments LLC grew its stake in shares of Ameren by 4.9% in the 1st quarter. Tidal Investments LLC now owns 4,976 shares of the utilities provider’s stock valued at $368,000 after buying an additional 234 shares in the last quarter. Atria Investments Inc grew its holdings in Ameren by 12.0% during the first quarter. Atria Investments Inc now owns 15,568 shares of the utilities provider’s stock valued at $1,151,000 after purchasing an additional 1,671 shares during the last quarter. Cetera Investment Advisers grew its holdings in Ameren by 137.2% during the first quarter. Cetera Investment Advisers now owns 100,154 shares of the utilities provider’s stock valued at $7,407,000 after purchasing an additional 57,923 shares during the last quarter. Cetera Advisors LLC grew its holdings in Ameren by 12.1% during the first quarter. Cetera Advisors LLC now owns 7,941 shares of the utilities provider’s stock valued at $587,000 after purchasing an additional 856 shares during the last quarter. Finally, EverSource Wealth Advisors LLC grew its holdings in Ameren by 227.3% during the first quarter. EverSource Wealth Advisors LLC now owns 455 shares of the utilities provider’s stock valued at $34,000 after purchasing an additional 316 shares during the last quarter. Institutional investors own 79.09% of the company’s stock.

About Ameren

Ameren Corporation, together with its subsidiaries, operates as a public utility holding company in the United States. The company operates through four segments: Ameren Missouri, Ameren Illinois Electric Distribution, Ameren Illinois Natural Gas, and Ameren Transmission. It engages in the rate-regulated electric generation, transmission, and distribution activities; and rate-regulated natural gas distribution business.