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Wednesday, February 1, 2023

Analysts Point To Ameren Corporation (NYSE: AEE) Growth In The Future

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. After-hours trades for Ameren Corporation (AEE) shows that investor sentiment remained same, with the stock’s consolidated last price remained same to $85.98. The Ameren Corporation has recorded 79,294 volume in the after hours trading session. Recently, Yahoo Finance discussed the stock, revealing that Ameren provides sustainability data through GRI and SASB standards.


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Stocks Info

As a NYSE listed company, AEE falls under the Utilities sector while operating within the Utilities – Regulated Electric industry segment. At the end of the last regular session, the stock closed at $85.98 and fluctuated between $86.94 as its day high and $85.70 as its day low. The current market capitalization of Ameren Corporation is $22.06B. A total of 1.48 million shares were traded on the day, compared to an average of 1.36M shares.

Insider Activity

Aside from predicting where a stock will go, investors also consider insider trades as an indicator of the stock’s future direction. During the recent three months, AEE has seen 12 BUY and 5 SELL insider trades, representing the acquisition of 20,352 and the disposition of 61,985 shares. Over the last 12 months, there were 39 BUYs and 42 SELLs from insiders. Insiders purchased 273,169 shares during that period but sold 312,874.

In the most recent transaction, BAXTER WARNER L sold 50,000 shares of AEE for 90.32 per share on Dec 14. After the transaction, the Executive Chairman now owns 217,893 company shares. In a previous transaction on Nov 15, MOEHN MICHAEL L sold 3,030 shares at 83.20 per share. AEE shares that Executive VP & CFO owns now total 142,897.

Among the insiders who sold shares, MOEHN MICHAEL L disposed of 2,696 shares on Sep 01 at a per-share price of $92.76. This resulted in the Executive VP & CFO holding 145,642 shares of AEE after the transaction. In another insider transaction, Diya Fadi M sold 7,000 shares at $95.21 per share on Aug 30. Company shares held by the SVP & CNO of Subsidiary now total 87,011.

Dividend

Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. Ameren Corporation pays an annual dividend of $2.36, resulting in a dividend yield of 2.74%, and it has a price to earnings (P/E) ratio of 21.52. AEE’s most recent ex-dividend date was 12/6/2022 when it declared a $0.59 quarterly dividend that was paid in cash on 12/30/2022. Previously, the company paid the dividend on 9/30/2022 with an ex-dividend date of 9/6/2022. The AEE stock dividend was $0.59 per share in cash.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. According to analysts who have offered 12-month price targets for AEE in the last 3 months, the mean price target is $94.18 with high estimates of $101.00 and low estimates of $86.00. In terms of 52-week highs and lows, AEE has a high of $99.20 and a low of $73.28.

As of this writing, AEE has an earnings estimate of $1.73 per share for the current quarter. EPS was calculated based on a consensus of 10 estimates, with a high estimate of $1.77 per share and a lower estimate of $1.65. The company reported an EPS of $0.97 in the last quarter, which was -1.00% lower than expectations of $0.98.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 14 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for AEE is Hold with a score of 4.09. A total of 8 analysts rated the stock as Buy while 0 rated it as Overweight while 6 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 0 thought it should be Sold.

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