Ameren Corp (AEE)

Official site

UTILITIES • UTILITIES - REGULATED ELECTRIC • NYSE

$103.77

-0.81 (-0.77%)

Market Cap: $29.37B

Last updated: Oct 16, 2026 at 5:00 PM ET

Earnings

Performance (10Y)

Beat Rate

67%(26/39)

Avg Surprise

-0.91%

Streak

6 Q

Upcoming Estimates

Period ending Sep 30, 2026

EPS Consensus$2.34

Range$2.22 - $2.57

4 analysts

EPS Revisions

30d

EPS Estimate DriftChange to current

90d ago$2.40-2.5%

60d ago$2.40-2.5%

30d ago$2.36-0.7%

7d ago$2.34+0.2%

Current$2.34

Revenue Consensus

$2.9B

Range$2.8B - $2.9B

5 analysts

Period ending Dec 31, 2026

EPS Consensus$0.80

Range$0.73 - $0.84

7 analysts

Revenue Consensus

$1.7B

Range$1.1B - $2.2B

12 analysts

Period	Reported	Est.	Range	Surprise	B/M	Analysts	Revisions	YoY
Dec 31, 2026Dec 26EST	-	$0.80	$0.73 - $0.84	-	-	7	-	-
Sep 30, 2026Sep 26EST	-	$2.34	$2.22 - $2.57	-	-	4	1 2 30d	-
Jun 30, 2026Jun 26 Reported Jul 30, 2026Reported Jul 30	$1.13	$1.08	$1.06 - $1.10	+4.63%	Beat	5	0 1 30d	+11.9%
Mar 31, 2026Mar 26 Reported May 5, 2026Reported May 5	$1.28	$1.18	$1.16 - $1.18	+8.47%	Beat	3	1 2 30d	+19.6%
Dec 31, 2025Dec 25 Reported Feb 11, 2026Reported Feb 11	$0.78	$0.77	$0.60 - $0.80	+1.30%	Beat	4	2 2 30d	+1.3%
Sep 30, 2025Sep 25 Reported Nov 5, 2025Reported Nov 5	$2.17	$2.10	$2.08 - $2.15	+3.33%	Beat	5	3 0 30d	+16.0%
Jun 30, 2025Jun 25 Reported Jul 31, 2025Reported Jul 31	$1.01	$0.99	$0.95 - $1.05	+2.02%	Beat	6	0 3 30d	+4.1%
Mar 31, 2025Mar 25 Reported May 1, 2025Reported May 1	$1.07	$1.04	$0.98 - $1.09	+2.88%	Beat	4	0 1 30d	+9.2%
Dec 31, 2024Dec 24 Reported Feb 13, 2025Reported Feb 13	$0.77	$0.80	$0.61 - $0.97	-3.22%	Miss	8	1 1 30d	+28.3%
Sep 30, 2024Sep 24 Reported Nov 6, 2024Reported Nov 6	$1.87	$1.91	$1.86 - $2.00	-2.09%	Miss	13	1 1 30d	+0.0%
Jun 30, 2024Jun 24 Reported Aug 1, 2024Reported Aug 1	$0.97	$0.94	$0.85 - $0.98	+3.19%	Beat	12	4 0 30d	+7.8%
Mar 31, 2024Mar 24 Reported May 2, 2024Reported May 2	$0.98	$1.06	$0.96 - $1.14	-7.55%	Miss	11	3 0 30d	-2.0%
Dec 31, 2023Dec 23 Reported Feb 22, 2024Reported Feb 22	$0.60	$0.61	$0.58 - $0.63	-1.64%	Miss	11	1 0 30d	-4.8%
Sep 30, 2023Sep 23 Reported Nov 8, 2023Reported Nov 8	$1.87	$1.82	$1.78 - $1.88	+2.75%	Beat	7	1 1 30d	+7.5%
Jun 30, 2023Jun 23 Reported Aug 2, 2023Reported Aug 2	$0.90	$0.79	$0.72 - $0.86	+13.92%	Beat	8	3 1 30d	+12.5%
Mar 31, 2023Mar 23 Reported May 4, 2023Reported May 4	$1.00	$0.94	$0.87 - $0.99	+6.38%	Beat	7	0 1 30d	+3.1%
Dec 31, 2022Dec 22 Reported Feb 15, 2023Reported Feb 15	$0.63	$0.57	$0.51 - $0.59	+10.53%	Beat	10	3 0 30d	+31.3%
Sep 30, 2022Sep 22 Reported Nov 3, 2022Reported Nov 3	$1.74	$1.73	$1.65 - $1.77	+0.58%	Beat	11	3 0 30d	+5.5%
Jun 30, 2022Jun 22 Reported Aug 4, 2022Reported Aug 4	$0.80	$0.82	$0.82 - $0.82	-2.44%	Miss	0	0 4 30d	+0.0%
Mar 31, 2022Mar 22 Reported May 5, 2022Reported May 5	$0.97	$0.97	$0.92 - $1.06	+0.00%	Beat	13	6 0 30d	+6.6%
Dec 31, 2021Dec 21 Reported Feb 17, 2022Reported Feb 17	$0.48	$0.49	$0.44 - $0.53	-2.04%	Miss	9	2 0 30d	+4.3%
Sep 30, 2021Sep 21 Reported Nov 3, 2021Reported Nov 3	$1.65	$1.61	$1.53 - $1.68	+2.48%	Beat	12	5 0 30d	+12.2%
Jun 30, 2021Jun 21 Reported Aug 5, 2021Reported Aug 5	$0.80	$0.84	$0.80 - $0.88	-4.76%	Miss	12	1 0 30d	-18.4%
Mar 31, 2021Mar 21 Reported May 10, 2021Reported May 10	$0.91	$0.75	$0.64 - $0.92	+21.33%	Beat	12	3 0 30d	+54.2%
Dec 31, 2020Dec 20 Reported Feb 18, 2021Reported Feb 18	$0.46	$0.42	$0.34 - $0.46	+9.52%	Beat	12	1 0 30d	+21.1%
Sep 30, 2020Sep 20 Reported Nov 4, 2020Reported Nov 4	$1.47	$1.47	$1.40 - $1.54	+0.00%	Beat	11	No revisions (30d)	+0.0%
Jun 30, 2020Jun 20 Reported Aug 6, 2020Reported Aug 6	$0.98	$0.88	$0.74 - $0.97	+11.36%	Beat	12	5 0 30d	+36.1%
Mar 31, 2020Mar 20 Reported May 11, 2020Reported May 11	$0.59	$0.70	$0.67 - $0.78	-15.71%	Miss	11	No revisions (30d)	-24.4%
Dec 31, 2019Dec 19 Reported Feb 26, 2020Reported Feb 26	$0.38	$0.31	$0.28 - $0.33	+22.58%	Beat	12	No revisions (30d)	+35.7%
Sep 30, 2019Sep 19 Reported Nov 8, 2019Reported Nov 8	$1.47	$1.47	$1.40 - $1.49	+0.00%	Beat	8	3 0 30d	-2.0%
Jun 30, 2019Jun 19 Reported Aug 2, 2019Reported Aug 2	$0.72	$0.75	$0.68 - $0.81	-4.00%	Miss	9	1 0 30d	-25.8%
Mar 31, 2019Mar 19 Reported May 9, 2019Reported May 9	$0.78	$0.66	$0.62 - $0.76	+18.18%	Beat	7	6 0 30d	+25.8%
Dec 31, 2018Dec 18 Reported Feb 14, 2019Reported Feb 14	$0.28	$0.32	$0.29 - $0.36	-12.50%	Miss	8	1 0 30d	+216.7%
Sep 30, 2018Sep 18 Reported Oct 31, 2018Reported Oct 31	$1.50	$1.32	$1.19 - $1.44	+13.64%	Beat	8	3 0 30d	+21.0%
Jun 30, 2018Jun 18 Reported Aug 3, 2018Reported Aug 3	$0.97	$0.78	$0.75 - $0.83	+24.36%	Beat	7	2 0 30d	+22.8%
Mar 31, 2018Mar 18 Reported May 9, 2018Reported May 9	$0.62	$0.58	$0.55 - $0.63	+6.90%	Beat	7	1 0 30d	+47.6%
Dec 31, 2017Dec 17 Reported Feb 16, 2018Reported Feb 16	$-0.24	$0.39	$0.33 - $0.43	-161.54%	Miss	7	1 0 30d	-284.6%
Sep 30, 2017Sep 17 Reported Nov 3, 2017Reported Nov 3	$1.24	$1.33	$1.28 - $1.40	-6.77%	Miss	6	No revisions (30d)	-
Jun 30, 2017Jun 17 Reported Aug 4, 2017Reported Aug 4	$0.79	$0.74	$0.63 - $0.80	+6.76%	Beat	6	1 0 30d	-
Mar 31, 2017Mar 17 Reported May 4, 2017Reported May 4	$0.42	$0.40	-	+5.00%	Beat	-	-	-
Dec 31, 2016Dec 16 Reported Feb 16, 2017Reported Feb 16	$0.13	$0.15	-	-13.33%	Miss	-	-	-

Dividends

Dividend Metrics

Forward Yield2.89%

Forward Annual Dividend$3.00

Payout Ratio41.23%

FrequencyQuarterly

Pay MonthsMar, Jun, Sep, Dec

Growth

3Y CAGR+6.37%

5Y CAGR+7.26%

AEE dividend history and ex-dividend dates Run AEE in the free DRIP calculator

Key Metrics

Valuation
P/E Ratio	19.36	EV/EBITDA	14.36x
Price/FCF	-10.43x	FCF Yield	-9.59%
Profitability
Profit Margin	18.60%	Operating Margin	25.20%
ROE	11.90%	ROIC	6.54%
Financial Health
Debt/Equity	1.59x	Interest Coverage	3.08x
Current Ratio	0.53x	Quick Ratio	0.37x
Trading Statistics
Beta	0.45	Avg Volume	2.09M
52-Week High	$117.49	52-Week Low	$94.58

Technical Indicators Dashboard

Moving Averages

SMA 10$102.26

SMA 20$101.26

SMA 50$104.28

SMA 200$107.09

EMA 10$102.72

EMA 20$102.44

EMA 50$104.03

EMA 200$105.65

MACD

Line: -0.13Signal: -0.83Hist: 0.70

ADX

ADX: 25.2+DI: 28.9-DI: 16.5

Aroon & PSAR

Aroon UpN/A

Aroon Down60.0

PSAR$100.82

Bollinger Bands

Upper Band$104.77

Lower Band$97.76

%B Position692%(Upper)

Band Width0.86

RSI (14-Day)

Neutral

55.9

Momentum Oscillators

Stoch %K87.0

Stoch %D93.8

Williams %R-29.6

ROC (10d)4.1%

Momentum4.13

CCI (20d)155.7

MFI (14d)84.7

Volatility Measures

ATR (14d)$1.64(1.6%)

StdDev (20d)1.75

Hist Vol14.4%(Low)

Volume Flow

VWAP$104.53

OBV30.7M

AD Line-958.4M

CMF (20d)0.054

Volume Metrics

Avg Vol (20d)2.2M

Vol Ratio0.6x

VWMA (20d)$101.03

Pivot Points

R3$106.72

R2$105.83

R1$105.21

Pivot Point$104.32

S1$103.70

S2$102.81

S3$102.19

Advanced Oscillators

TSI-3.44

Ultimate Osc61.4

KST-25.83

Financial Data

Quarter	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023
Total Revenue	$2.09B	$2.18B	$1.78B	$2.70B	$2.22B	$2.10B	$1.94B	$2.17B	$1.69B	$1.82B	$1.62B	$2.06B
Cost of Revenue	$1.07B	$1.09B	$884.00M	$1.29B	$1.29B	$1.16B	$1.15B	$1.05B	$825.00M	$949.00M	$867.00M	$930.00M
Gross Profit	$1.02B	$1.08B	$898.00M	$1.40B	$928.00M	$941.00M	$794.00M	$1.12B	$868.00M	$867.00M	$751.00M	$1.13B

Operating Expenses	$566.00M	$549.00M	$538.00M	$579.00M	$517.00M	$511.00M	$596.00M	$538.00M	$507.00M	$496.00M	$487.00M	$516.00M
R&D	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
SG&A	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Operating Income	$459.00M	$532.00M	$360.00M	$825.00M	$411.00M	$430.00M	$198.00M	$586.00M	$361.00M	$371.00M	$264.00M	$614.00M

Interest Income	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Interest Expense	$209.00M	$204.00M	$206.00M	$208.00M	$187.00M	$175.00M	$171.00M	$173.00M	$165.00M	$154.00M	$153.00M	$152.00M
Income Before Tax	$368.00M	$418.00M	$244.00M	$693.00M	$320.00M	$340.00M	$151.00M	$514.00M	$299.00M	$306.00M	$198.00M	$563.00M
Income Tax Expense	$52.00M	$60.00M	$-9,000,000	$52.00M	$43.00M	$50.00M	$-57,000,000	$57.00M	$39.00M	$44.00M	$39.00M	$69.00M

Net Income	$316.00M	$358.00M	$253.00M	$641.00M	$277.00M	$290.00M	$208.00M	$457.00M	$260.00M	$262.00M	$159.00M	$494.00M

EBITDA	$1.03B	$1.06B	$885.00M	$539.00M	$505.00M	$1.34B	$731.00M	$1.09B	$869.00M	$862.00M	$736.00M	$377.00M
EBIT	$577.00M	$622.00M	$450.00M	$901.00M	$507.00M	$515.00M	$322.00M	$687.00M	$464.00M	$460.00M	$351.00M	$715.00M

* Some calculated fields are derived from available data when not provided by source

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Government Contracts

Gov Obligations (TTM)

$2.17M

Gov Obligations / Revenue

0.0%

Obligations YoY

66.7%

Active Awards

New Awards (TTM)

Avg Remaining Term

35.2 mo

Top agency: Department of Justice at 46.1% of trailing twelve month obligations across 3 agencies

Recent Awards

Award ID	Agency	Obligated	Start	End	Description
36C25526F0002	Department of Veterans AffairsDepartment of Veterans Affairs	$600000	Oct 1, 2025	Sep 30, 2026	SUPPLY ELECTRICITY, NATURAL GAS
W912DQ26FA001	Department of DefenseDepartment of the Army	$466108	Oct 10, 2025	Oct 9, 2035	THE GOVERNMENT HAS A NEED FOR MONTHLY ELECTRIC UTILITY SERVICE AND INITIAL CONNECTION SETUP AT THE U.S. ARMY CORPS OF ENGINEERS (USACE) DEPARTMENT OF VETERAN AFFAIRS (DVA) JOHN CONCHRAN MEDICAL CENTER PROGRAM, INTEGRATED PROJECT OFFICE (IPO).
15B40726F00000065	Department of JusticeFederal Prison System / Bureau of Prisons	$344878	Oct 1, 2025	Sep 30, 2026	FY26 AMEREN GAS/ELECTRIC FOR FCI/FPC GREENVILLE
15B40725F00000159	Department of JusticeFederal Prison System / Bureau of Prisons	$120144	Jul 1, 2025	Sep 30, 2025	AMEREN GAS/ELECTRIC FY25 Q4
15B41126F00000130	Department of JusticeFederal Prison System / Bureau of Prisons	$100000	Jul 1, 2026	Sep 30, 2026	FY26 P4 AMEREN ELECTRIC RIDER QTR 4 RP# 26-0154
36C10F26F0001	Department of Veterans AffairsDepartment of Veterans Affairs	$90749	Feb 10, 2026	Jun 10, 2026	JEFFERSON BARRACKS NATIONAL CEMETERY, SYLVAN SPRINGS DEVELOPMENT PROJECT: UTILITY RELOCATION
15B41126F00000086	Department of JusticeFederal Prison System / Bureau of Prisons	$85000	Apr 1, 2026	Jun 30, 2026	FY26 P4 AMEREN ELECTRIC RIDER QTR 3 RP# 26-0093
15B41126F00000025	Department of JusticeFederal Prison System / Bureau of Prisons	$59998	Oct 1, 2025	Jan 7, 2026	FY26 P4 AMEREN ELECTRIC RIDER QTR 1 RP# 26-0033
15B41126F00000068	Department of JusticeFederal Prison System / Bureau of Prisons	$52320	Jan 1, 2026	Mar 31, 2026	FY26 P4 AMEREN ELECTRIC RIDER QTR 2 RP# 26-0071
15B40926F00000074	Department of JusticeFederal Prison System / Bureau of Prisons	$23769	Feb 1, 2026	Mar 23, 2026	FY26 P4 AMEREN GAS & ELECTRIC FEB 26

Federal contract obligations are bookings recorded by the awarding agency, not recognized revenue. They can exceed 100% of revenue and can be negative when contracts are de-obligated. Source: USAspending.gov prime awards, data through Jul 31, 2026.

News

Lobbying Update: $180,000 of AMEREN SERVICES lobbying was just disclosed

AMEREN SERVICES (AEE) has disclosed $180,000 in lobbying expenditures for Q3 2026, covering a wide range of issues including energy policy, environmental regulations, tax credits...

Quiver Quantitative•Oct 16, 2026 11:28 AM ET10/16/26•Neutral

Southern Company stock pre-market at EUR 79.46

Southern Company's stock is trading at EUR 79.46 pre-market on October 16, 2026, ahead of its next scheduled earnings release on November 5...

ad-hoc-news.de•Oct 16, 2026 1:43 AM ET10/16/26•Somewhat-Bullish

Freedom Broker sets USD 49.00 target for California Water Service stock

Freedom Broker has initiated coverage on California Water Service (CWT) with a Hold rating and a USD 49.00 price target...

ad-hoc-news.de•Oct 15, 2026 4:38 PM ET10/15/26•Neutral

Jefferies sets USD 87.00 target for Black Hills stock

Jefferies has initiated coverage of Black Hills Corporation (BKH) with a "Buy" rating and a price target of USD 87.00...

ad-hoc-news.de•Oct 15, 2026 3:46 PM ET10/15/26•Neutral

Fortis reports on November 3: Fortis stock yields 4.80 percent

Fortis Inc. (FTS) is scheduled to release its Q3 2026 results and a new five-year capital outlook on November 3...

ad-hoc-news.de•Oct 15, 2026 3:10 PM ET10/15/26•Neutral

AEE Valuation and Fair Value

P/E: 19.4x
Forward P/E: 17.5x
EV/EBITDA: 14.4x
P/FCF: -10.4x
PEG: 2.5x
P/B: 2.1x

See GNG's fair value

AEE Profitability: Margins, ROIC and FCF

Gross margin: 50.4%
Operating margin: 25.2%
Net margin: 18.6%
ROIC: 6.5%
ROE: 11.9%
FCF margin: -31.5%
FCF yield: -9.6%

AEE Competitors

Company	Ticker
Brookfield Infrastructure Partners LP	BIP
Atmos Energy Corporation	ATO
WEC Energy Group Inc	WEC
Fortis Inc	FTS
Public Service Enterprise Group Inc	PEG
DTE Energy Company	DTE
PG&E Corp	PCG
American Water Works	AWK

Sector: Utilities

AEE Analyst Ratings

Consensus: Buy
Analysts: 17
Strong Buy: 2
Buy: 9
Hold: 6
Sell: 0
Strong Sell: 0

AEE Bull Case vs Bear Case

Bull case

AEE beat EPS estimates in 75.0% of its last 8 reported quarters.
64.7% of AEE's analyst ratings are Buy or Strong Buy.

Bear case

AEE's quarterly revenue changed -6.2% year over year.

AEE Earnings: Beat Rate and Next Report

Beat rate: 6 of 8 quarters (75.0%)
Average surprise: 2.2%
EPS estimate (fiscal period ending Sep 30, 2026): $2.34
Estimate revisions (30 days, fiscal period ending Sep 30, 2026): 1 up, 2 down

AEE Dividend

Forward yield: 2.9%
Payout ratio: 41.2%
3Y DPS growth: 6.4%
5Y DPS growth: 7.3%
Pay months: Mar, Jun, Sep, Dec

AEE dividend history

Frequently Asked Questions About AEE

What is AEE's current dividend yield?

Ameren Corp (AEE) has a forward dividend yield of 2.89%.

Does AEE pay dividends?

Yes, Ameren Corp pays dividends with a forward dividend yield of 2.89%.

What is AEE's P/E ratio?

Ameren Corp has a price-to-earnings (P/E) ratio of 19.36.

What is AEE's market cap?

Ameren Corp (AEE) has a market capitalization of $29.37B with a current stock price of $103.77.

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