Seaport Res Ptn Has Positive Outlook of AES FY2025 Earnings

The AES Co. (NYSE:AES) – Seaport Res Ptn lifted their FY2025 earnings estimates for AES in a research note issued to investors on Monday, March 3rd. Seaport Res Ptn analyst A. Storozynski now anticipates that the utilities provider will post earnings of $2.25 per share for the year, up from their prior estimate of $1.96. Seaport Res Ptn has a “Strong Sell” rating on the stock. The consensus estimate for AES’s current full-year earnings is $1.93 per share. Seaport Res Ptn also issued estimates for AES’s FY2026 earnings at $2.35 EPS, FY2027 earnings at $2.39 EPS and FY2028 earnings at $2.45 EPS.

AES has been the topic of several other research reports. Susquehanna lowered their price objective on AES from $24.00 to $21.00 and set a “positive” rating for the company in a research report on Tuesday, November 5th. Hsbc Global Res raised shares of AES to a “strong-buy” rating in a research note on Friday, December 13th. Bank of America raised shares of AES from an “underperform” rating to a “neutral” rating and raised their target price for the stock from $11.00 to $13.00 in a research report on Tuesday. HSBC started coverage on shares of AES in a research report on Friday, December 13th. They set a “buy” rating and a $17.00 price target for the company. Finally, Barclays decreased their price target on shares of AES from $17.00 to $12.00 and set an “overweight” rating on the stock in a report on Monday, January 27th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating, eight have given a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $18.90.

AES Stock Down 3.4 %

AES stock opened at $10.82 on Wednesday. The company has a 50 day moving average price of $11.48 and a two-hundred day moving average price of $14.47. The company has a debt-to-equity ratio of 3.21, a quick ratio of 0.80 and a current ratio of 0.85. The stock has a market capitalization of $7.69 billion, a P/E ratio of 7.51, a PEG ratio of 0.82 and a beta of 0.99. AES has a one year low of $9.88 and a one year high of $22.21.

AES (NYSE:AES) last issued its quarterly earnings data on Friday, February 28th. The utilities provider reported $0.54 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.34 by $0.20. AES had a return on equity of 27.30% and a net margin of 8.34%. The firm had revenue of $2.96 billion during the quarter, compared to the consensus estimate of $3.07 billion. During the same period in the previous year, the firm posted $0.73 EPS.

AES Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, May 15th. Stockholders of record on Thursday, May 1st will be given a $0.176 dividend. This represents a $0.70 annualized dividend and a dividend yield of 6.51%. The ex-dividend date is Thursday, May 1st. AES’s payout ratio is 29.54%.

Institutional Investors Weigh In On AES

Large investors have recently modified their holdings of the stock. Millburn Ridgefield Corp purchased a new position in AES in the 3rd quarter worth approximately $28,000. SRS Capital Advisors Inc. boosted its stake in shares of AES by 190.3% in the fourth quarter. SRS Capital Advisors Inc. now owns 2,412 shares of the utilities provider’s stock valued at $31,000 after purchasing an additional 1,581 shares during the period. Optiver Holding B.V. grew its holdings in AES by 79.5% during the 4th quarter. Optiver Holding B.V. now owns 2,711 shares of the utilities provider’s stock valued at $35,000 after purchasing an additional 1,201 shares in the last quarter. WR Wealth Planners LLC lifted its holdings in AES by 93.3% in the 4th quarter. WR Wealth Planners LLC now owns 2,837 shares of the utilities provider’s stock worth $37,000 after buying an additional 1,369 shares in the last quarter. Finally, Brooklyn Investment Group acquired a new stake in shares of AES during the third quarter valued at about $63,000. Institutional investors and hedge funds own 93.13% of the company’s stock.

AES Company Profile

The AES Corporation, together with its subsidiaries, operates as a diversified power generation and utility company in the United States and internationally. The company owns and/or operates power plants to generate and sell power to customers, such as utilities, industrial users, and other intermediaries; owns and/or operates utilities to generate or purchase, distribute, transmit, and sell electricity to end-user customers in the residential, commercial, industrial, and governmental sectors; and generates and sells electricity on the wholesale market.