AES (AES) to Release Earnings on Thursday

AES (NYSE:AES - Get Free Report) will likely be announcing its earnings results after the market closes on Thursday, February 27th. Analysts expect the company to announce earnings of $0.34 per share and revenue of $3.07 billion for the quarter. Investors that wish to listen to the company's conference call can do so using this link.

AES Price Performance

NYSE AES opened at $10.72 on Tuesday. 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 company has a market capitalization of $7.62 billion, a price-to-earnings ratio of 7.44, a PEG ratio of 0.83 and a beta of 0.99. The stock has a 50-day moving average of $11.66 and a 200 day moving average of $14.68. AES has a one year low of $9.88 and a one year high of $22.21.

AES Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, May 15th. Stockholders of record on Thursday, May 1st will be paid a $0.176 dividend. The ex-dividend date of this dividend is Thursday, May 1st. This represents a $0.70 dividend on an annualized basis and a dividend yield of 6.57%. AES's dividend payout ratio is presently 48.61%.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on AES shares. Susquehanna dropped their target price on shares of AES from $24.00 to $21.00 and set a "positive" rating on the stock in a report on Tuesday, November 5th. Hsbc Global Res raised AES to a "strong-buy" rating in a report on Friday, December 13th. Bank of America started coverage on AES in a report on Monday, November 25th. They issued an "underperform" rating and a $11.00 target price on the stock. Barclays cut their price target on AES from $17.00 to $12.00 and set an "overweight" rating for the company in a research note on Monday, January 27th. Finally, HSBC started coverage on shares of AES in a research note on Friday, December 13th. They issued a "buy" rating and a $17.00 price objective on the stock. One research analyst has rated the stock with a sell rating, two have issued a hold rating, eight have given a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $18.80.

About AES

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.

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