Ameren Corporation (AEE) has been in the limelight given the impressive run in its
stock price, hitting new 12-month highs. Its
Q3 2024 earnings showed a profit of $456 million, and a third-quarter GAAP EPS of $1.70, along with a steady adjusted EPS of $1.87. However, Ameren missed the EPS estimates for the quarter, which caused some underperformance compared to its peers. The corporation declared a
quarterly dividend, indicating a positive financial outlook, particularly encouraging to
institutional investors who own 76% of the company. It also witnessed an increase in
holdings by Asset Management One Co. Ltd., Mirae Asset Global Investments Co. Ltd., and Empire Life Investments Inc. Ameren has made noticeable
advancements in reliable energy investments, announcing significant milestones. It has seen a
surge in implied volatility for its stock options forecasting potential price movements. Garrnering attention for social responsibility, Ameren has been recognized for
disability inclusion efforts and
employee resource groups, philanthropy, and executive diversity. However, the
earnings per share are expected to grow, contributing to continuous yield for income investors.
Ameren Corporation AEE News Analytics from Wed, 15 Feb 2023 08:00:00 GMT to Sat, 09 Nov 2024 23:07:40 GMT -
Rating 7
- Innovation -3
- Information 6
- Rumor -5
