Ameren Stock Price, News & Analysis

On May 13, 2022, Ameren Corporation (AEE) announced a quarterly cash dividend of 59 cents per share, payable on June 30, 2022 to shareholders recorded by June 8, 2022. Additionally, Union Electric Company and Ameren Illinois Company declared quarterly cash dividends on all classes of their preferred stock, with payment dates on August 15, 2022 and August 1, 2022, respectively. Ameren serves 2.4 million electric and over 900,000 natural gas customers across a 64,000-square-mile area.

Ameren Corporation (NYSE: AEE) reported a first quarter 2022 net income of $252 million, or $0.97 per diluted share, up from $233 million, or $0.91 per diluted share in Q1 2021. The increase resulted from higher infrastructure investments and a boost in electric retail sales due to colder winter temperatures. Ameren affirmed its 2022 earnings guidance, projecting $3.95 to $4.15 per diluted share. Key factors influencing results include the absence of prior FERC orders and a higher allowed return on equity, though these gains were offset by rising operational expenses and market returns on investments.

Ameren Corporation (NYSE: AEE) has been recognized as one of the best companies to work for in the U.S. by Great Place to Work, based on positive employee feedback. This certification highlights Ameren's commitment to a high-trust workplace where employees feel valued. The company is focused on building a diverse workforce and offers competitive compensation, benefits, and flexible work arrangements. Currently, there are over 600 job openings in Missouri and Illinois across various fields. Ameren powers 2.4 million electric and over 900,000 natural gas customers.

Ameren Corp. (NYSE:AEE) will discuss its first quarter 2022 earnings and guidance during a conference call on May 6, 2022, at 9 a.m. CT. The call will be led by CEO Martin J. Lyons Jr. and CFO Michael L. Moehn and will be streamed live on AmerenInvestors.com. The company serves 2.4 million electric and over 900,000 natural gas customers across 64,000 square miles in Missouri and Illinois. Key operational updates and supporting materials will be provided post-call. A replay will be available for one year, starting an hour after the call ends.

On March 21, 2022, Ameren Missouri (a subsidiary of Ameren Corporation, NYSE: AEE) announced the pricing of $525 million in 3.90% first mortgage bonds due in 2052, priced at 99.754% of face value. The offering is set to close on April 1, 2022, pending customary conditions. Proceeds will finance capital expenditures and refinance short-term debt, with allocations for sustainable projects. Barclays Capital, J.P. Morgan, and others are joint book-running managers. The offering is not an offer to sell in jurisdictions where unlawful.

On February 18, 2022, Ameren Missouri, a subsidiary of Ameren Corporation (NYSE: AEE), submitted its updated Smart Energy Plan to the Missouri Public Service Commission, planning to invest $8.4 billion over five years for grid modernization. This initiative aims to enhance reliability, reduce outages, and facilitate renewable energy generation. The plan has already resulted in a 40% improvement in reliability in smart technology areas. Additionally, the plan has supported local economies with $438 million spent on Missouri vendors and 4,600 new jobs created since 2019.

Ameren Corporation (NYSE: AEE) reported a 2021 net income of $990 million, or $3.84 per diluted share, up from $871 million, or $3.50 per share in 2020. The increase was driven by higher infrastructure investments and improved electric retail sales due to economic recovery. Fourth quarter net income rose to $125 million, or 48 cents per share, reflecting similar trends. For 2022, earnings guidance is set at $3.95 to $4.15 per share, with a long-term growth projection of 6% to 8%. These figures are subject to various market conditions.