Analysts Offer Predictions for AES's Q4 Earnings (NYSE:AES)

The AES Co. (NYSE:AES - Free Report) - Equities researchers at Zacks Research increased their Q4 2024 earnings per share estimates for shares of AES in a report released on Thursday, December 19th. Zacks Research analyst R. Department now expects that the utilities provider will earn $0.35 per share for the quarter, up from their previous forecast of $0.34. The consensus estimate for AES's current full-year earnings is $1.95 per share. Zacks Research also issued estimates for AES's Q4 2025 earnings at $0.54 EPS and FY2025 earnings at $2.02 EPS.

AES (NYSE:AES - Get Free Report) last announced its quarterly earnings data on Thursday, October 31st. The utilities provider reported $0.71 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.60 by $0.11. AES had a net margin of 8.34% and a return on equity of 27.30%. The firm had revenue of $3.29 billion during the quarter, compared to analyst estimates of $3.46 billion. During the same quarter in the prior year, the firm posted $0.60 earnings per share. AES's quarterly revenue was down 4.2% on a year-over-year basis.

A number of other brokerages have also recently weighed in on AES. HSBC initiated coverage on AES in a research note on Friday, December 13th. They issued a "buy" rating and a $17.00 price objective for the company. Bank of America assumed coverage on AES in a research note on Monday, November 25th. They issued an "underperform" rating and a $11.00 price objective for the company. Mizuho reduced their target price on shares of AES from $24.00 to $16.00 and set an "outperform" rating on the stock in a report on Thursday, November 21st. Susquehanna reduced their price objective 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. Finally, Jefferies Financial Group began coverage on AES in a report on Wednesday, September 11th. They issued a "buy" rating and a $20.00 price objective on the stock. One investment analyst has rated the stock with a sell rating, two have issued a hold rating, eight have issued a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $19.30.

AES Trading Up 0.5 %

AES traded up $0.06 on Monday, hitting $13.06. The company had a trading volume of 10,099,820 shares, compared to its average volume of 9,370,429. The company's fifty day moving average price is $14.49 and its 200 day moving average price is $16.80. The firm has a market cap of $9.29 billion, a P/E ratio of 9.07, a PEG ratio of 0.71 and a beta of 1.02. AES has a 1 year low of $12.24 and a 1 year high of $22.21. The company has a current ratio of 0.85, a quick ratio of 0.80 and a debt-to-equity ratio of 3.21.

Institutional Trading of AES

Institutional investors have recently modified their holdings of the business. Rothschild Investment LLC purchased a new position in shares of AES in the 2nd quarter valued at about $28,000. Millburn Ridgefield Corp purchased a new stake in shares of AES during the 3rd quarter worth approximately $28,000. UMB Bank n.a. increased its stake in AES by 102.3% in the 2nd quarter. UMB Bank n.a. now owns 1,776 shares of the utilities provider's stock valued at $31,000 after purchasing an additional 898 shares in the last quarter. nVerses Capital LLC purchased a new position in shares of AES in the second quarter valued at $33,000. Finally, Cromwell Holdings LLC lifted its position in shares of AES by 59.1% in the third quarter. Cromwell Holdings LLC now owns 1,723 shares of the utilities provider's stock valued at $35,000 after acquiring an additional 640 shares in the last quarter. 93.13% of the stock is currently owned by hedge funds and other institutional investors.

AES Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, February 14th. Stockholders of record on Friday, January 31st will be paid a dividend of $0.176 per share. This represents a $0.70 dividend on an annualized basis and a dividend yield of 5.39%. This is a positive change from AES's previous quarterly dividend of $0.17. The ex-dividend date of this dividend is Friday, January 31st. AES's payout ratio is 48.61%.

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.