Ameren (NYSE:AEE) - Share price, News & Analysis

AEE fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	1/6
Past Performance	2/6
Financial Health	1/6
Dividends	4/6

AEE Stock Overview

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

Rewards

Earnings are forecast to grow 8.3% per year

Earnings have grown 10.6% per year over the past 5 years

Risk Analysis

Debt is not well covered by operating cash flow

Dividend of 2.55% is not well covered by earnings

Significant insider selling over the past 3 months

Ameren Competitors

Black Hills

NYSE:BKH

US$4.7b

NorthWestern

NasdaqGS:NWE

US$3.3b

Avista

NYSE:AVA

US$3.1b

NextEra Energy

NYSE:NEE

US$139.9b

Price History & Performance

Summary of all time highs, changes and price drops for Ameren
Historical stock prices
Current Share Price	US$92.64
52 Week High	US$99.20
52 Week Low	US$79.35
Beta	0.35
1 Month Change	-5.96%
3 Month Change	9.41%
1 Year Change	8.85%
3 Year Change	22.90%
5 Year Change	64.99%
Change since IPO	116.38%

Recent News & Updates

May 19

Ameren's (NYSE:AEE) Shareholders Will Receive A Bigger Dividend Than Last Year

Ameren Corporation ( NYSE:AEE ) has announced that it will be increasing its dividend on the 30th of June to US$0.59...

May 11

Ameren Corporation's (NYSE:AEE) Intrinsic Value Is Potentially 17% Below Its Share Price

Today we will run through one way of estimating the intrinsic value of Ameren Corporation ( NYSE:AEE ) by estimating...

Apr 12

With EPS Growth And More, Ameren (NYSE:AEE) Is Interesting

It's only natural that many investors, especially those who are new to the game, prefer to buy shares in 'sexy' stocks...

Shareholder Returns

	AEE	US Integrated Utilities	US Market
7D	-0.5%	-0.3%	-2.7%
1Y	8.8%	9.6%	-12.9%

Return vs Industry: AEE matched the US Integrated Utilities industry which returned 9.6% over the past year.

Return vs Market: AEE exceeded the US Market which returned -12.9% over the past year.

Price Volatility

Is AEE's price volatile compared to industry and market?
AEE volatility
AEE Average Weekly Movement	2.5%
Integrated Utilities Industry Average Movement	2.8%
Market Average Movement	7.9%
10% most volatile stocks in US Market	16.9%
10% least volatile stocks in US Market	3.0%

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

Volatility Over Time: AEE's weekly volatility (3%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1881	9,116	Marty Lyons	https://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 Cap	US$23.92b
Earnings (TTM)	US$1.01b
Revenue (TTM)	US$6.42b

23.7x

P/E Ratio

3.7x

P/S Ratio

Is AEE overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
AEE income statement (TTM)
Revenue	US$6.42b
Cost of Revenue	US$3.39b
Gross Profit	US$3.04b
Other Expenses	US$2.03b
Earnings	US$1.01b

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

Aug 05, 2022

Earnings per share (EPS)	3.91
Gross Margin	47.30%
Net Profit Margin	15.71%
Debt/Equity Ratio	142.6%

How did AEE perform over the long term?

See historical performance and comparison

Dividends

2.5%

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 Date	Jun 07 2022
Dividend Pay Date	Jun 30 2022
Days until Ex dividend	16 days
Days until Dividend pay date	39 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?

Valuation Score

0/6

Valuation Score 0/6

Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PEG Ratio
PB vs Industry

23.71x

Price to Earnings (PE) ratio

Share Price vs. Fair Value

Below Fair Value: AEE ($92.64) is trading above our estimate of fair value ($77.1)

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 (23.7x) compared to the US Integrated Utilities industry average (23.2x).

PE vs Market: AEE is poor value based on its PE Ratio (23.7x) compared to the US market (15.3x).

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 (2.4x) compared to the US Integrated Utilities industry average (2.2x).

Future Growth

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

Future Growth Score

1/6

Future Growth Score 1/6

Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE

8.3%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings vs Savings Rate: AEE's forecast earnings growth (8.3% per year) is above the savings rate (1.9%).

Earnings vs Market: AEE's earnings (8.3% per year) are forecast to grow slower than the US market (12.5% per year).

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

Revenue vs Market: AEE's revenue (4.3% per year) is forecast to grow slower than the US market (7.8% per year).

High Growth Revenue: AEE's revenue (4.3% 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 (10.7%).

Past Performance

How has Ameren performed over the past 5 years?

Past Performance Score

2/6

Past Performance Score 2/6

Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE

10.6%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: AEE has high quality earnings.

Growing Profit Margin: AEE's current net profit margins (15.7%) are lower than last year (16.9%).

Past Earnings Growth Analysis

Earnings Trend: AEE's earnings have grown by 10.6% per year over the past 5 years.

Accelerating Growth: AEE's earnings growth over the past year (5.3%) is below its 5-year average (10.6% per year).

Earnings vs Industry: AEE earnings growth over the past year (5.3%) underperformed the Integrated Utilities industry 6.6%.

Return on Equity

High ROE: AEE's Return on Equity (10.2%) is considered low.

Financial Health

How is Ameren's financial position?

Financial Health Score

1/6

Financial Health Score 1/6

Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage

Financial Position Analysis

Short Term Liabilities: AEE's short term assets ($2.0B) do not cover its short term liabilities ($3.1B).

Long Term Liabilities: AEE's short term assets ($2.0B) do not cover its long term liabilities ($23.1B).

Debt to Equity History and Analysis

Debt Level: AEE's net debt to equity ratio (142.5%) is considered high.

Reducing Debt: AEE's debt to equity ratio has increased from 113.7% to 142.6% over the past 5 years.

Debt Coverage: AEE's debt is not well covered by operating cash flow (14.7%).

Interest Coverage: AEE's interest payments on its debt are well covered by EBIT (4.2x coverage).

Balance Sheet

Dividend

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

Dividend Score

5/6

Dividend Score 5/6

Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage

2.55%

Current Dividend Yield

Upcoming Dividend Payment

Dividend Yield vs Market

Notable Dividend: AEE's dividend (2.55%) is higher than the bottom 25% of dividend payers in the US market (1.58%).

High Dividend: AEE's dividend (2.55%) is low compared to the top 25% of dividend payers in the US market (4.11%).

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.

Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (57.1%), AEE's dividend payments are covered by earnings.

Cash Payout to Shareholders

Cash Flow Coverage: AEE is paying a dividend but the company has no free cash flows.

Discover strong dividend paying companies

Management

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

2.6yrs

Average management tenure

CEO

Marty Lyons (54 yo)

2.42yrs

Tenure

US$4,305,713

Compensation

Mr. Martin J. Lyons, Jr, also known as Marty, is President, Chief Executive Officer and Director of Ameren Corporation since January 01, 2022. He was Chairman and President of Union Electric Company since...

CEO Compensation Analysis

Compensation vs Market: Marty's total compensation ($USD4.31M) is below average for companies of similar size in the US market ($USD13.34M).

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

Leadership Team

Experienced Management: AEE's management team is considered experienced (2.6 years average tenure).

Board Members

Experienced Board: AEE's board of directors are considered experienced (8.6 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 not been meaningfully diluted in the past year.

Data	Last Updated (UTC time)
Company Analysis	2022/05/21 00:00
End of Day Share Price	2022/05/20 00:00
Earnings	2022/03/31
Annual Earnings	2021/12/31