AES (NYSE:AES – Get Free Report) updated its FY25 earnings guidance on Friday. The company provided EPS guidance of $2.10-2.26 for the period, compared to the consensus EPS estimate of $2.03. AES also updated its FY 2025 guidance to 2.100-2.260 EPS.
Wall Street Analyst Weigh In
A number of brokerages have weighed in on AES. Barclays decreased their target price on AES from $17.00 to $12.00 and set an “overweight” rating on the stock in a research note on Monday, January 27th. Hsbc Global Res upgraded AES to a “strong-buy” rating in a research note on Friday, December 13th. Mizuho reduced their price objective on AES from $24.00 to $16.00 and set an “outperform” rating on the stock in a research report on Thursday, November 21st. Bank of America began coverage on AES in a research report on Monday, November 25th. They set an “underperform” rating and a $11.00 price objective on the stock. Finally, HSBC began coverage on AES in a research report on Friday, December 13th. They set a “buy” rating and a $17.00 price objective on the stock. One analyst has rated the stock with a sell rating, two have given a hold rating, eight have assigned a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $18.80.
AES Trading Up 11.6 %
AES (NYSE:AES – Get Free Report) last released its quarterly earnings data on Friday, February 28th. The utilities provider reported $0.54 earnings per share for the quarter, topping the consensus estimate of $0.34 by $0.20. AES had a return on equity of 27.30% and a net margin of 8.34%. The business had revenue of $2.96 billion during the quarter, compared to analysts’ expectations of $3.07 billion. During the same quarter last year, the business posted $0.73 EPS. On average, analysts forecast that AES will post 1.93 earnings per share for the current year.
AES Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Thursday, May 15th. Investors of record on Thursday, May 1st will be given a dividend of $0.176 per share. The ex-dividend date of this dividend is Thursday, May 1st. This represents a $0.70 annualized dividend and a dividend yield of 6.08%. AES’s dividend payout ratio is presently 48.61%.
AES Company Profile
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.
Read More
- Five stocks we like better than AES
- Expert Stock Trading Psychology Tips
- Autodesk Designs Value for Investors: Uptrend Set to Continue
- Conference Calls and Individual Investors
- Anheuser-Busch Stock Rallies—Is the King of Beers Back?
- The How And Why of Investing in Oil Stocks
- MarketBeat Week in Review – 02/24 – 02/28
Receive News & Ratings for AES Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AES and related companies with MarketBeat.com's FREE daily email newsletter.