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/AEE
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Ameren Corp

Ameren Corp

AEE
$107.75USD↑+0.86%+0.92 today

MARKET CAP

29.8B

P/E (TTM)

19.4x

FWD P/E

—

DAY RANGE

$107 – $108

52W RANGE

$97
$118

AI Summary

Stalk
TrimMedium

AEE remains in a Stage 4 declining phase with an active Lower Highs & Lower Lows pattern and price below all key EMAs and the 200-day SMA. The medium-term bias is bearish, but extreme oversold conditions raise the risk of a corrective bounce. We will trim into relief rallies toward the 9/20 EMA band (108.27–109.07), rather than selling into immediate extension. The long-term downtrend is intact.

  • ↑Q2 2026 adjusted EPS rose 12% YoY to $1.13.
  • ↑Annual dividend increased 5.6% to $3.00, yield 2.74%, payout 56%.
  • ↓Q2 revenue missed by 5.8% YoY, hinting at stagnation.
Full analysis →

The case for & against

Bull & Bear analysis

Bullish

Ameren Corporation (NYSE:AEE) is a leading utility company that provides electric and natural gas services to approximately 2.5 million electric and 900,000 natural gas customers primarily in Missouri and Illinois. The company is poised to capitalize on strong infrastructure investments while focusing on enhancing service reliability and transitioning to cleaner energy solutions. Ameren is actively engaging with the growing demand from data centers, positioning itself within the context of broader energy transition themes.

Bull says

  • ↑Q2 2026 adjusted EPS rose 12% YoY to $1.13.
  • ↑Annual dividend increased 5.6% to $3.00, yield 2.74%, payout 56%.
  • ↑Planned $71 billion capex through 2035 targets grid upgrades and renewables.
  • ↑Signed 3.4 GW of data center agreements with hyperscalers.
  • ↑Maintains cost controls tied to inflation, preserving margins.
  • ↑Balanced leverage and stable price behavior favor risk-averse investors.

Bear says

  • ↓Q2 revenue missed by 5.8% YoY, hinting at stagnation.
  • ↓Negative growth revisions and weak profitability factors dampen outlook.
  • ↓O&M expenses climbing due to increased maintenance costs.
  • ↓Pending approval of $343 M rate hike could face delays.
  • ↓Local opposition to data centers may stall key projects.
  • ↓High short interest signals market skepticism and potential volatility.

Investment themes with AEE

High Dividend Yield↑ +0.32%

Companies paying above-average dividends

AVGO · JPM · XOM

Earnings Call · Q2 2025 · Mgmt. Guidance

Updated 08-10-2026bullish

Transcript signals

Bull points

  • reported second quarter 2025 earnings of $1.01 per share compared to earnings of 97 cents per share for the second quarter of 2024, with our investments to strengthen the energy grid and provide more energy resources driving earnings growth across the company.
  • New rates for our natural gas customers will take effect on September 1st, following a unanimous settlement in our 2024 gas rate review in Amron, Missouri.
  • we expect sales growth from a few new small-scale data centers, along with continued strength in the manufacturing sector.

Bear points

  • we're still assessing that filing and what our response might be. But look, Paul, we all know that loads are growing in the region. We just talked about that. The mix of generation resources has certainly been shifting over time and capacity prices have been rising. And so, all of that suggests to us that more transmission investment is needed. I think, look, we look back, MISO went through a very lengthy and consistent process of scenario planning and modeling, which ultimately led to the identification of these projects.
Read full transcript analysis ›