Recent Research Analysts’ Ratings Updates for Ameren (AEE)

Ameren (NYSE: AEE) has recently received a number of price target changes and ratings updates:

  • 9/26/2018 – Ameren is now covered by analysts at SunTrust Banks, Inc.. They set a “hold” rating and a $64.00 price target on the stock.
  • 9/21/2018 – Ameren had its price target lowered by analysts at Morgan Stanley from $67.00 to $65.00. They now have an “equal weight” rating on the stock.
  • 9/17/2018 – Ameren had its price target raised by analysts at Wells Fargo & Co from $67.00 to $71.00. They now have an “outperform” rating on the stock.
  • 9/11/2018 – Ameren had its price target raised by analysts at Morgan Stanley from $62.00 to $67.00. They now have an “equal weight” rating on the stock.

Shares of AEE traded up $0.42 during midday trading on Thursday, hitting $62.56. The company had a trading volume of 14,886 shares, compared to its average volume of 1,890,910. The company has a debt-to-equity ratio of 1.01, a quick ratio of 0.45 and a current ratio of 0.62. The stock has a market capitalization of $15.38 billion, a PE ratio of 22.11, a PEG ratio of 2.93 and a beta of 0.21. Ameren Corp has a 1 year low of $51.89 and a 1 year high of $66.11.

Ameren (NYSE:AEE) last announced its quarterly earnings data on Friday, August 3rd. The utilities provider reported $0.97 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.79 by $0.18. The business had revenue of $1.56 billion during the quarter, compared to analysts’ expectations of $1.54 billion. Ameren had a return on equity of 10.60% and a net margin of 9.85%. The business’s quarterly revenue was up 1.7% compared to the same quarter last year. During the same quarter last year, the business posted $0.79 EPS. analysts predict that Ameren Corp will post 3.25 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 28th. Stockholders of record on Wednesday, September 12th will be paid a $0.4575 dividend. This represents a $1.83 annualized dividend and a dividend yield of 2.93%. The ex-dividend date of this dividend is Tuesday, September 11th. Ameren’s payout ratio is presently 64.66%.

Institutional investors and hedge funds have recently made changes to their positions in the company. Adviser Investments LLC acquired a new position in Ameren during the first quarter worth approximately $105,000. Rampart Investment Management Company LLC acquired a new position in Ameren during the second quarter worth approximately $150,000. Orrstown Financial Services Inc. acquired a new position in Ameren during the second quarter worth approximately $152,000. Bronfman E.L. Rothschild L.P. increased its position in Ameren by 274.3% during the second quarter. Bronfman E.L. Rothschild L.P. now owns 2,553 shares of the utilities provider’s stock worth $155,000 after buying an additional 1,871 shares during the period. Finally, Centaurus Financial Inc. acquired a new position in Ameren during the second quarter worth approximately $166,000. Institutional investors and hedge funds own 70.42% of the company’s stock.

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

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