Ameren (AEE) Expected to Announce Earnings on Thursday

Ameren (NYSE:AEE) is expected to be releasing its earnings data after the market closes on Thursday, February 13th. Analysts expect Ameren to post earnings of $0.83 per share and revenue of $1.86 billion for the quarter. Investors that wish to listen to the company’s conference call can do so using this link.

Ameren Price Performance

AEE opened at $98.19 on Wednesday. The company has a 50 day moving average of $91.57 and a two-hundred day moving average of $87.97. 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 has a 52-week low of $67.03 and a 52-week high of $98.25. The company has a market cap of $26.21 billion, a P/E ratio of 23.10, a P/E/G ratio of 2.98 and a beta of 0.49.

Ameren Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Tuesday, March 11th will be issued a $0.71 dividend. This represents a $2.84 dividend on an annualized basis and a yield of 2.89%. The ex-dividend date is Tuesday, March 11th. This is a boost from Ameren’s previous quarterly dividend of $0.67. Ameren’s dividend payout ratio is currently 66.82%.

Insiders Place Their Bets

In other Ameren news, CFO Michael L. Moehn sold 6,500 shares of the stock in a transaction on Wednesday, November 20th. The shares were sold at an average price of $92.15, for a total value of $598,975.00. Following the completion of the sale, the chief financial officer now directly owns 205,171 shares of the company’s stock, 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. Insiders own 0.36% of the company’s stock.

Analysts Set New Price Targets

AEE has been the subject of a number of recent analyst reports. Morgan Stanley raised their price target on shares of Ameren from $86.00 to $94.00 and gave the company an “equal weight” rating in a report on Friday, December 13th. Barclays downgraded Ameren from an “overweight” rating to an “equal weight” rating and increased their target price for the stock from $88.00 to $95.00 in a report on Monday, January 27th. Evercore ISI raised shares of Ameren from an “in-line” rating to an “outperform” rating and lifted their price objective for the stock from $89.00 to $104.00 in a report on Tuesday, January 21st. Finally, BMO Capital Markets increased their price target on Ameren from $93.00 to $98.00 and gave the stock an “outperform” rating in a research report on Thursday, December 5th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $92.00.

Ameren Company Profile

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.