Share on StockTwits
 

Ameren Corp. (NYSE:AEE) updated its FY14 earnings guidance on Friday. The company provided earnings per share (EPS) guidance of $2.25-2.35 for the period, compared to the Thomson Reuters consensus estimate of $2.28, AnalystRatingsNetwork reports.

AEE has been the subject of a number of recent research reports. Analysts at Wells Fargo & Co. upgraded shares of Ameren Corp. from a market perform rating to an outperform rating in a research note on Monday, January 6th. Analysts at Barclays cut their price target on shares of Ameren Corp. from $41.00 to $39.00 in a research note on Wednesday, December 11th. They now have an overweight rating on the stock. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and four have issued a buy rating to the stock. Ameren Corp. currently has a consensus rating of Hold and an average price target of $37.43.

Shares of Ameren Corp. (NYSE:AEE) traded up 6.26% during mid-day trading on Friday, hitting $41.24. The stock had a trading volume of 1,964,658 shares. Ameren Corp. has a 52 week low of $32.34 and a 52 week high of $39.03. The stock has a 50-day moving average of $36.93 and a 200-day moving average of $35.65. The company’s market cap is $10.006 billion.

Ameren Corp. (NYSE:AEE) last released its earnings data on Friday, February 21st. The company reported $0.19 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.12 by $0.07. The company had revenue of $1.32 billion for the quarter, compared to the consensus estimate of $1.34 billion. During the same quarter last year, the company posted $0.14 earnings per share. Analysts expect that Ameren Corp. will post $2.07 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which is scheduled for Monday, March 31st. Shareholders of record on Wednesday, March 12th will be given a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a yield of 4.12%. The ex-dividend date of this dividend is Monday, March 10th.

Ameren Corporation (NYSE:AEE) utility holding company.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.