Headlines about Ameren (NYSE:AEE) have trended somewhat positive this week, Accern reports. The research firm scores the sentiment of press coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Ameren earned a news impact score of 0.13 on Accern’s scale. Accern also assigned news coverage about the utilities provider an impact score of 43.9679376115214 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
Several equities research analysts have weighed in on AEE shares. Morgan Stanley downgraded shares of Ameren from an “equal weight” rating to an “underweight” rating and set a $61.00 target price for the company. in a research note on Wednesday, December 13th. Zacks Investment Research downgraded shares of Ameren from a “hold” rating to a “sell” rating in a research note on Tuesday, October 10th. Bank of America initiated coverage on shares of Ameren in a research note on Tuesday, October 24th. They issued a “neutral” rating and a $62.00 target price for the company. ValuEngine raised shares of Ameren from a “hold” rating to a “buy” rating in a report on Wednesday, November 15th. Finally, KeyCorp reaffirmed a “hold” rating on shares of Ameren in a report on Friday, October 20th. Two analysts have rated the stock with a sell rating, six have issued a hold rating and one has assigned a strong buy rating to the company. The company currently has an average rating of “Hold” and a consensus price target of $56.80.
Ameren (NYSE AEE) opened at $58.99 on Tuesday. The company has a current ratio of 0.61, a quick ratio of 0.40 and a debt-to-equity ratio of 0.92. Ameren has a fifty-two week low of $51.35 and a fifty-two week high of $64.89. The stock has a market cap of $14,313.03, a price-to-earnings ratio of 23.41, a P/E/G ratio of 3.00 and a beta of 0.37.
Ameren (NYSE:AEE) last issued its earnings results on Friday, November 3rd. The utilities provider reported $1.24 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $1.31 by ($0.07). Ameren had a return on equity of 8.61% and a net margin of 10.03%. The business had revenue of $1.72 billion for the quarter, compared to analysts’ expectations of $1.87 billion. During the same period last year, the business earned $1.52 EPS. The company’s revenue for the quarter was down 7.3% on a year-over-year basis. analysts forecast that Ameren will post 2.8 EPS for the current year.
The firm also recently announced a quarterly dividend, which was paid on Friday, December 29th. Investors of record on Wednesday, December 13th were issued a dividend of $0.4575 per share. This represents a $1.83 annualized dividend and a dividend yield of 3.10%. The ex-dividend date was Tuesday, December 12th. This is a boost from Ameren’s previous quarterly dividend of $0.44. Ameren’s dividend payout ratio (DPR) is 72.62%.
In other Ameren news, SVP Gregory L. Nelson sold 12,000 shares of Ameren stock in a transaction on Wednesday, November 22nd. The shares were sold at an average price of $62.68, for a total value of $752,160.00. Following the completion of the transaction, the senior vice president now owns 36,785 shares of the company’s stock, valued at $2,305,683.80. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 0.38% of the company’s stock.
Ameren Company Profile
Ameren Corporation is a utility holding company. The Company’s subsidiaries include Ameren Missouri, Ameren Illinois and Ameren Transmission Company (ATXI). It operates through four segments. The Ameren Missouri segment includes all of the operations of Ameren Missouri. The Ameren Illinois Electric Distribution segment consists of the electric distribution business of Ameren Illinois.
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