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AEE

AmerenNYSE:AEE Stock Report

Market Cap

US$21.4b

7D

1.3%

1Y

1.0%

Updated

16 Oct, 2021

Data

Company Financials +
AEE fundamental analysis
Snowflake Score
Valuation0/6
Future Growth1/6
Past Performance3/6
Financial Health1/6
Dividends5/6

AEE Overview

Ameren Corporation, together with its subsidiaries, operates as a public utility holding company in the United States.

Ameren Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Ameren
Historical stock prices
Current Share PriceUS$83.18
52 Week HighUS$69.79
52 Week LowUS$90.77
Beta0.31
1 Month Change-2.20%
3 Month Change-2.21%
1 Year Change0.96%
3 Year Change25.94%
5 Year Change71.61%
Change since IPO94.29%

Recent News & Updates

Oct 03
I Built A List Of Growing Companies And Ameren (NYSE:AEE) Made The Cut

I Built A List Of Growing Companies And Ameren (NYSE:AEE) Made The Cut

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...

Aug 30

Ameren: An Underappreciated Electric Utility At A Good Price

Ameren is primarily an electric utility serving much of Missouri and Illinois. The company is positioned to grow its rate base at an 8% CAGR over the next four years, allowing it to continue with its tradition of dividend growth. The demand for electricity is expected to continue to grow, although not as quickly as some expect. The company is generating copious amounts of cash flow to easily support its 2.50% dividend yield. The company is trading at a relative discount to its peers.

Shareholder Returns

AEEUS Integrated UtilitiesUS Market
7D1.3%1.7%2.0%
1Y1.0%-0.8%27.6%

Return vs Industry: AEE exceeded the US Integrated Utilities industry which returned -0.8% over the past year.

Return vs Market: AEE underperformed the US Market which returned 27.6% over the past year.

Price Volatility

Is AEE's price volatile compared to industry and market?
AEE volatility
AEE Beta0.31
Industry Beta0.51
Market Beta1

Stable Share Price: AEE is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 2% a week.

Volatility Over Time: AEE's weekly volatility (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
18819,183Warner Baxterhttps://www.ameren.com

Ameren Corporation, together with its subsidiaries, operates as a public utility holding company in the United States. It operates through four segments: Ameren Missouri, Ameren Illinois Electric Distribution, Ameren Illinois Natural Gas, and Ameren Transmission. The company engages in the rate-regulated electric generation, transmission, and distribution activities; and rate-regulated natural gas distribution and transmission businesses.

Ameren Fundamentals Summary

How do Ameren's earnings and revenue compare to its market cap?
AEE fundamental statistics
Market CapUS$21.39b
Earnings (TTM)US$922.00m
Revenue (TTM)US$5.74b

23.2x

P/E Ratio

3.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
AEE income statement (TTM)
RevenueUS$5.74b
Cost of RevenueUS$2.82b
Gross ProfitUS$2.91b
ExpensesUS$1.99b
EarningsUS$922.00m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

Nov 04, 2021

Earnings per share (EPS)3.59
Gross Margin50.76%
Net Profit Margin16.08%
Debt/Equity Ratio136.4%

How did AEE perform over the long term?

See historical performance and comparison

Dividends

2.6%

Current Dividend Yield

57%

Payout Ratio

Does AEE pay a reliable dividends?

See AEE dividend history and benchmarks
When do you need to buy AEE by to receive an upcoming dividend?
Ameren dividend dates
Ex Dividend DateDec 07 2021
Dividend Pay DateDec 31 2021
Days until Ex dividend51 days
Days until Dividend pay date75 days

Does AEE pay a reliable dividends?

See AEE dividend history and benchmarks

Valuation

Is Ameren undervalued compared to its fair value and its price relative to the market?

23.2x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: AEE ($83.18) is trading above our estimate of fair value ($69.15)

Significantly Below Fair Value: AEE is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: AEE is poor value based on its PE Ratio (23.2x) compared to the US Integrated Utilities industry average (20.2x).

PE vs Market: AEE is poor value based on its PE Ratio (23.2x) compared to the US market (18.2x).


Price to Earnings Growth Ratio

PEG Ratio: AEE is poor value based on its PEG Ratio (2.9x)


Price to Book Ratio

PB vs Industry: AEE is overvalued based on its PB Ratio (2.3x) compared to the US Integrated Utilities industry average (2x).


Future Growth

How is Ameren forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?

8.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: AEE's forecast earnings growth (8% per year) is above the savings rate (2%).

Earnings vs Market: AEE's earnings (8% per year) are forecast to grow slower than the US market (15.1% per year).

High Growth Earnings: AEE's earnings are forecast to grow, but not significantly.

Revenue vs Market: AEE's revenue (4.4% per year) is forecast to grow slower than the US market (9.9% per year).

High Growth Revenue: AEE's revenue (4.4% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: AEE's Return on Equity is forecast to be low in 3 years time (10.5%).


Past Performance

How has Ameren performed over the past 5 years?

9.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: AEE has high quality earnings.

Growing Profit Margin: AEE's current net profit margins (16.1%) are higher than last year (15.2%).


Past Earnings Growth Analysis

Earnings Trend: AEE's earnings have grown by 9.1% per year over the past 5 years.

Accelerating Growth: AEE's earnings growth over the past year (8.9%) is below its 5-year average (9.1% per year).

Earnings vs Industry: AEE earnings growth over the past year (8.9%) underperformed the Integrated Utilities industry 10.9%.


Return on Equity

High ROE: AEE's Return on Equity (9.8%) is considered low.


Financial Health

How is Ameren's financial position?


Financial Position Analysis

Short Term Liabilities: AEE's short term assets ($2.1B) do not cover its short term liabilities ($2.2B).

Long Term Liabilities: AEE's short term assets ($2.1B) do not cover its long term liabilities ($22.3B).


Debt to Equity History and Analysis

Debt Level: AEE's debt to equity ratio (136.4%) is considered high.

Reducing Debt: AEE's debt to equity ratio has increased from 110.5% to 136.4% over the past 5 years.

Debt Coverage: AEE's debt is not well covered by operating cash flow (11.4%).

Interest Coverage: AEE's interest payments on its debt are well covered by EBIT (3.7x coverage).


Balance Sheet


Dividend

What is Ameren current dividend yield, its reliability and sustainability?

2.64%

Current Dividend Yield


Upcoming Dividend Payment

TodayOct 17 2021Ex Dividend DateDec 07 2021Dividend Pay DateDec 31 202124 days from Ex DividendBuy in the next 51 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: AEE's dividend (2.64%) is higher than the bottom 25% of dividend payers in the US market (1.29%).

High Dividend: AEE's dividend (2.64%) is low compared to the top 25% of dividend payers in the US market (3.49%).


Stability and Growth of Payments

Stable Dividend: AEE's dividends per share have been stable in the past 10 years.

Growing Dividend: AEE's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (57.5%), AEE's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: AEE's dividends in 3 years are forecast to be covered by earnings (56.8% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

7.6yrs

Average management tenure


CEO

Warner Baxter (59 yo)

7.5yrs

Tenure

US$10,058,353

Compensation

Mr. Warner L. Baxter, CPA, has been Chairman of the Board of Ameren Corporation since July 1, 2014 and its Chief Executive Officer since April 24, 2014 and also its President since February 14, 2014. He se...


CEO Compensation Analysis

Compensation vs Market: Warner's total compensation ($USD10.06M) is about average for companies of similar size in the US market ($USD11.20M).

Compensation vs Earnings: Warner's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: AEE's management team is seasoned and experienced (7.6 years average tenure).


Board Members

Experienced Board: AEE's board of directors are considered experienced (7 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: AEE insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 4%.


Top Shareholders

Company Information

Ameren Corporation's employee growth, exchange listings and data sources


Key Information

  • Name: Ameren Corporation
  • Ticker: AEE
  • Exchange: NYSE
  • Founded: 1881
  • Industry: Multi-Utilities
  • Sector: Utilities
  • Market Cap: US$21.390b
  • Shares outstanding: 257.15m
  • Website: https://www.ameren.com

Number of Employees


Location

  • Ameren Corporation
  • 1901 Chouteau Avenue
  • Saint Louis
  • Missouri
  • 63103
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/16 22:03
End of Day Share Price2021/10/15 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.