Ameren Corporation (AEE) AI Stock Analysis

Ameren Corporation operates as a public utility holding company through four distinct segments: Ameren Missouri, Ameren Illinois Electric Distribution, Ameren Illinois Natural Gas, and Ameren Transmission. The company is involved in regulated electric generation, transmission, and distribution, alongside regulated natural gas transmission and distribution to residential, commercial, and industrial customers. Ameren utilizes an energy generation portfolio that spans coal, nuclear, natural gas, hydroelectric, wind, methane gas, and solar power generation. Founded in 1881 and based in St. Louis, Missouri, Ameren employs 8,913 people and provides utility services under structured state and federal regulatory frameworks.

Between FY2021 and FY2025, Ameren expanded revenue from $6.39B to $8.80B, delivering a 5-year revenue CAGR of 8.7%. Net income advanced from $990.0M in FY2021 to $1.46B in FY2025, lifting EPS from $3.84 to $5.03 over the same period. Operating margin grew to 23.0% in FY2025, though gross margin decreased to 29.6% compared to 47.9% in FY2024. For the trailing twelve months, revenue was $8.41B with an operating margin of 25.2% and EPS of $5.68. In the quarter ended June 30, 2026, quarterly revenue fell 6.2% year-over-year, while quarterly earnings grew 11.9%.

As of June 30, 2026, Ameren held $12.0M in cash and short-term investments against $21.81B in total debt, leading to net debt of $21.80B. Shareholders' equity stood at $13.69B, resulting in a debt-to-equity ratio of 1.59 and a current ratio of 0.53. In FY2025, operating cash flow was $3.35B, while capital expenditures reached $4.17B, generating free cash flow of -$821.0M. During FY2025, the company distributed $768.0M in dividends and raised $574.0M through share issuances.

At a share price of $106.08, Ameren holds a market capitalization of $29.37B and an enterprise value of $49.41B. The stock trades at a trailing P/E of 18.7x, which sits below the 21.0x median of its S&P 500 Utilities peers. Its forward P/E of 17.5x and price-to-sales of 3.5x compare to peer medians of 16.0x and 2.9x, respectively, alongside an EV/EBITDA of 11.6x versus the 12.2x peer median. Ameren's 1-year return of 3.7% and 5-year return of 47.8% trail the S&P 500 returns of 16.8% and 83.0%, respectively.

Ameren pays a quarterly dividend with an annual forward payout of $3.00, yielding 2.83% based on a payout ratio of 55.2%. The company has paid dividends for 29 consecutive years, delivering a 5-year annualized dividend growth rate of 7.3%. Its last ex-dividend date is recorded as December 8, 2026.

Wall Street coverage consists of 9 Strong Buy, 2 Buy, and 6 Hold ratings, with no Sell or Strong Sell ratings. The mean price target of $115.75 represents 9.1% upside over the last close of $106.08. Consensus estimates project FY2026 revenue of $9.09B and EPS of $5.40, followed by FY2027 estimates of $9.67B in revenue and $5.83 in EPS. Ameren has beat EPS estimates in each of the last 4 quarters, with its next earnings release scheduled for November 5, 2026.

This page is an AI-written research summary of Ameren Corporation (AEE). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

Related: AEE income statement, AEE balance sheet, AEE key metrics, AEE analyst forecast, AEE chart. See the AEE stock overview for the latest quote and news.