Media stories about Ameren (NYSE:AEE) have trended somewhat positive this week, Accern reports. The research group identifies negative and positive press coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Ameren earned a media sentiment score of 0.11 on Accern’s scale. Accern also gave headlines about the utilities provider an impact score of 43.3092186156817 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
These are some of the headlines that may have impacted Accern Sentiment’s scoring:
AEE has been the topic of several research analyst reports. Bank of America initiated coverage on Ameren in a research note on Tuesday, October 24th. They set a “neutral” rating and a $62.00 price target on the stock. Zacks Investment Research lowered Ameren from a “hold” rating to a “sell” rating in a research note on Tuesday, October 10th. Morgan Stanley reissued an “equal weight” rating on shares of Ameren in a research note on Friday, September 8th. ValuEngine raised Ameren from a “hold” rating to a “buy” rating in a research note on Wednesday, November 15th. Finally, KeyCorp reissued a “hold” rating on shares of Ameren in a research note on Friday, October 20th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and one has assigned a strong buy rating to the company. Ameren has an average rating of “Hold” and an average target price of $56.00.
Ameren (AEE) traded up $0.23 during mid-day trading on Wednesday, reaching $62.71. The company had a trading volume of 1,355,183 shares, compared to its average volume of 1,410,841. Ameren has a 12-month low of $48.80 and a 12-month high of $64.89. The company has a current ratio of 0.61, a quick ratio of 0.40 and a debt-to-equity ratio of 0.92. The stock has a market cap of $15,307.83, a price-to-earnings ratio of 24.45, a P/E/G ratio of 3.37 and a beta of 0.36.
Ameren (NYSE:AEE) last posted its earnings results on Friday, November 3rd. The utilities provider reported $1.24 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.31 by ($0.07). Ameren had a net margin of 10.03% and a return on equity of 8.61%. The company had revenue of $1.72 billion during the quarter, compared to analysts’ expectations of $1.87 billion. During the same period in the previous year, the company posted $1.52 EPS. Ameren’s quarterly revenue was down 7.3% compared to the same quarter last year. analysts anticipate that Ameren will post 2.81 EPS for the current year.
The business also recently announced a quarterly dividend, which will be paid on Friday, December 29th. Investors of record on Wednesday, December 13th will be paid a $0.4575 dividend. The ex-dividend date is Tuesday, December 12th. This represents a $1.83 dividend on an annualized basis and a yield of 2.92%. This is a positive change from Ameren’s previous quarterly dividend of $0.44. Ameren’s dividend payout ratio is presently 69.84%.
In related news, SVP Gregory L. Nelson sold 12,000 shares of the company’s stock in a transaction that occurred on Wednesday, November 22nd. The stock was sold at an average price of $62.68, for a total value of $752,160.00. Following the sale, the senior vice president now owns 36,785 shares of the company’s stock, valued at approximately $2,305,683.80. The transaction was disclosed in a filing with the SEC, which is available through this link. 0.38% of the stock is currently owned by corporate insiders.
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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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