News surrounding
Ameren Corporation (AEE), a programmable utility company, centers around its stock performance and financial outlook. High profile sales of the stock by director
Rafael Flores and
Craig Ivey created some buzz. The company's dividend was increased by 6%, marking 12 consecutive years of growth. Analysts at
Jefferies and
Morgan Stanley raised the price target for Ameren's stock while Q4 2024 saw a miss on the EPS estimates. It was also noted that getting cheap stocks of the corporation seems unlikely. The utility company's Q4 earnings reportedly missed estimates, despite revenues increasing Y/Y. A summary of key metrics ahead of its Q4 earnings was also outlined.
Ameren added $5B to its planned capital expenditure by 2030 to meet heightened energy demand. The corporation announced steady growth in its 2024 earnings and along with that, also affirmed its guidance for 2025 earnings. There have also been announcements regarding executive departures and additions to the Ameren board of directors.
Steven Vondran's joining to the board was emphasized. The company also reported mixed Q4 results but affirmed its 2025 guidance.
Ameren Corporation AEE News Analytics from Mon, 25 Mar 2024 07:00:00 GMT to Sat, 22 Feb 2025 03:00:52 GMT -
Rating 7
- Innovation 3
- Rumor -2
