AES (NYSE:AES) Updates FY25 Earnings Guidance

AES (NYSE:AES - Get Free Report) issued an update on its FY25 earnings guidance on Friday morning. The company provided earnings per share guidance of $2.10-2.26 for the period, compared to the consensus earnings per share estimate of $2.03. AES also updated its FY 2025 guidance to 2.100-2.260 EPS.

AES Price Performance

Shares of NYSE AES traded down $0.38 during midday trading on Tuesday, reaching $10.82. The stock had a trading volume of 19,902,158 shares, compared to its average volume of 16,199,717. The company has a market capitalization of $7.69 billion, a price-to-earnings ratio of 7.51, a price-to-earnings-growth ratio of 0.82 and a beta of 0.99. AES has a 12-month low of $9.88 and a 12-month high of $22.21. The stock has a 50-day moving average of $11.48 and a 200-day moving average 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.

AES (NYSE:AES - Get Free Report) last issued its quarterly earnings results on Friday, February 28th. The utilities provider reported $0.54 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.34 by $0.20. AES had a return on equity of 27.30% and a net margin of 8.34%. The business had revenue of $2.96 billion during the quarter, compared to analyst estimates of $3.07 billion. During the same quarter in the prior year, the business posted $0.73 EPS. As a group, research analysts anticipate that AES will post 1.93 EPS for the current fiscal year.

AES Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, May 15th. Investors of record on Thursday, May 1st will be issued 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 yield of 6.51%. AES's dividend payout ratio is presently 29.54%.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on the stock. Bank of America upgraded shares of AES from an "underperform" rating to a "neutral" rating and lifted their price objective for the company from $11.00 to $13.00 in a research report on Tuesday. 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 research note on Monday, January 27th. Mizuho cut their price objective on AES from $16.00 to $15.00 and set an "outperform" rating for the company in a research report on Tuesday. Susquehanna decreased their target price on AES from $24.00 to $21.00 and set a "positive" rating on the stock in a research report on Tuesday, November 5th. Finally, Hsbc Global Res upgraded AES to a "strong-buy" rating in a report on Friday, December 13th. One research analyst has rated the stock with a sell rating, two have given a hold rating, eight have issued a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $18.90.

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.