Ameren Corporation consistently declared
quarterly dividends and achieved growth in its
cash dividend for eleven consecutive years. However, influential shareholders, including
Chonda J. Nwamu and
Bank of New York Mellon Corp, offloaded considerable amounts of stock. Despite this,
Rothschild Investment and
Raymond James & Associates opted to increase their stake in the company.
Ameren's earnings Q1 and Q2 both fell short of estimates, reflected in a revenue decrease year over year. Regardless, the outlook remains cautiously optimistic for the utility company; its technical analysis is bullish thanks to a golden cross scenario, yet Ameren's intrinsic value calculations may suggest otherwise. Meanwhile, after a recent 4.5% drop, speculation is rife that
institutional owners may take dramatic actions.
Ameren's Missouri arm gained approval for a 400MW solar project, and Ameren Illinois announced the pricing of its first mortgage bonds due in 2054. Despite facing profit dips and potential legal issues, Ameren's
updated climate strategy report underscores their commitment towards a fair and equitable energy transition.
Ameren Corporation AEE News Analytics from Tue, 21 Jul 2015 21:38:43 GMT to Sat, 31 Aug 2024 18:47:09 GMT -
Rating 2
- Innovation 3
- Information 6
- Rumor -4
