Ameren Stock Price, News & Analysis

Ameren (NYSE: AEE) said its Missouri and Illinois operations generate more than $20.7 billion in annual economic output and support 55,200 jobs. The study reports $2.2 billion in in-state supplier purchases, $920 million in state and local taxes, and $10.6 million in philanthropy. Ameren's technical assistance helped create 3,728 new jobs in 2025 and spurred $3.56 billion in capital investment across 73 projects.

Regional highlights: Ameren Missouri projects drove 2,273 jobs and $1.56 billion in investment; Ameren Illinois territory saw 1,455 jobs and $2.0 billion invested, including a $500 million, 700-job Wieland Metals expansion.

Ameren (NYSE: AEE) announced that Jamie L. Engstrom has been elected to the Ameren board of directors, effective Jan. 1, 2026.

Engstrom has served as senior vice president and global chief information officer of Caterpillar since 2020 and previously was CIO of Caterpillar Financial Services from 2018 to 2020; she joined Caterpillar in 1999. Ameren said Engstrom's experience in information systems, risk management, cybersecurity and digital transformation will support the company's technology and reliability objectives.

Ameren Missouri (NYSE: AEE) said the Missouri Public Service Commission approved a new large-load user rate structure on November 24, 2025 under the Powering Missouri Growth Plan. The approval requires new high-usage customers to pay 100% of direct interconnection costs and provide upfront collateral equal to two years of minimum monthly bills. Key rules include no rate discounts, a minimum monthly demand charge of 80% of requested demand, and required contracts of 12–17 years. The plan supports up to 2 GW of new demand by 2032 and includes revenue-sharing protections for other customers.

Ameren (NYSE: AEE) reported Q3 2025 GAAP EPS $2.35 ($640M) versus $1.70 in Q3 2024, and Q3 2025 adjusted EPS $2.17 versus $1.87 in Q3 2024. Ameren raised its 2025 GAAP EPS guidance to $5.08–$5.28 and 2025 adjusted EPS to $4.90–$5.10. The company established 2026 diluted EPS guidance $5.25–$5.45. Results reflected higher infrastructure investment, new Ameren Missouri rates effective June 1, 2025, and weather-driven retail sales; these were partly offset by higher interest expense and elevated operations and maintenance costs.

Ameren (NYSE: AEE) named David M. Feinberg as executive vice president, general counsel and corporate secretary effective Nov 4, 2025. Feinberg joins Ameren from American Electric Power, where he most recently served as executive vice president, general counsel and corporate secretary and where he joined in 2011 as senior vice president and general counsel of AEP Service Corporation.

Feinberg previously held legal leadership roles at Allegheny Energy and was a partner at Jenner & Block. He holds a Juris Doctor from Harvard Law School and dual bachelor's degrees from the University of Pennsylvania.

Ameren (NYSE: AEE) will host a third quarter 2025 earnings webcast and conference call on Nov. 6, 2025 at 9:00 AM CT / 10:00 AM ET. Martin J. Lyons Jr., chairman, president and CEO, and Michael L. Moehn, CFO, will discuss Q3 2025 results, 2025 and 2026 earnings guidance, and other matters.

The call will be broadcast live at AmerenInvestors.com, supporting materials will be posted under "Investor News and Events" > "Events and Presentations," and a replay will be available approximately one hour after the call for one year.

Ameren (NYSE: AEE) announced executive reassignments effective Jan. 1, 2026 to strengthen operating oversight and streamline decision-making across its utilities. Michael Moehn will become group president, Ameren Utilities, overseeing Ameren Missouri, Ameren Illinois and Ameren Transmission Company of Illinois.

Lenny Singh will move from chairman and president of Ameren Illinois to executive vice president and chief financial officer of Ameren and chairman and president of Ameren Services. Patrick Smith Sr. will become chairman and president of Ameren Illinois, reporting to Moehn. Martin J. Lyons Jr. remains chairman, president and CEO, and Shawn Schukar will continue leading Ameren Transmission Company of Illinois.

Ameren (NYSE: AEE) declared a quarterly cash dividend of $0.71 per common share, payable Dec. 31, 2025, to shareholders of record at the close of business on Dec. 9, 2025.

Separately, Union Electric Company (Ameren Missouri) declared regular quarterly preferred dividends payable Feb. 15, 2026, to shareholders of record on Jan. 15, 2026, and Ameren Illinois declared regular quarterly preferred dividends payable Feb. 2, 2026, to shareholders of record on Jan. 9, 2026.

Ameren Illinois, a subsidiary of Ameren Corporation (NYSE: AEE), has priced a public offering of $350 million in first mortgage bonds due 2055 at 103.196% of their principal amount, with a re-offer yield of 5.405%.

These bonds represent a further issuance of the company's 5.625% first mortgage bonds originally issued in March 2025. The transaction is expected to close on September 26, 2025. The company plans to use the net proceeds to repay a portion of its short-term debt. The offering is being managed by KeyBanc Capital Markets, TD Securities, U.S. Bancorp Investments, and Fifth Third Securities.