AES (AES) Stock Price, News & Analysis

Company Overview

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. It uses various fuels and technologies to generate electricity, such as coal, gas, hydro, wind, solar, and biomass, as well as renewables comprising energy storage and landfill gas. The company owns and/or operates a generation portfolio of approximately 34,596 megawatts and distributes power to 2.6 million customers. The company was formerly known as Applied Energy Services, Inc. and changed its name to The AES Corporation in April 2000. The AES Corporation was incorporated in 1981 and is headquartered in Arlington, Virginia.

Key Stats

• Today's Range: $13.16 to $13.82
• 50-Day Range: $13.28 to $20.25
• 52-Week Range: $13.16 to $22.21
• Volume: 17.52 million shs
• Average Volume: 8.78 million shs
• Market Capitalization: $9.44 billion
• P/E Ratio: 9.22
• Dividend Yield: 5.20%
• Price Target: $22.38
• Consensus Rating: Moderate Buy

AES Stock Analysis - MarketRank™

AES scored higher than 98% of companies evaluated by MarketBeat, and ranked 3rd out of 94 stocks in the utilities sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

AES has received a consensus rating of Moderate Buy. The company's average rating score is 2.90, and is based on 7 buy ratings, 2 hold ratings, and no sell ratings.

Amount of Analyst Coverage

AES has only been the subject of 4 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 5.18%

Earnings Growth

Earnings for AES are expected to grow by 5.18% in the coming year, from $1.93 to $2.03 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of AES is 9.22, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 131.22.

Price to Earnings Ratio vs. Sector

The P/E ratio of AES is 9.22, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 97.48.

Price to Book Value per Share Ratio

AES has a P/B Ratio of 1.73. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

3.14% of the outstanding shares of AES have been sold short.

Short Interest Ratio / Days to Cover

AES has a short interest ratio ("days to cover") of 2.3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in AES has recently decreased by 0.04%, indicating that investor sentiment is improving.

Dividend

• Score: 5.0 / 5
• Dividend Strength: Strong

Dividend Leadership

AES is a leading dividend payer. It pays a dividend yield of 4.94%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

AES has been increasing its dividend for 11 years.

Dividend Coverage

The dividend payout ratio of AES is 47.92%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, AES will have a dividend payout ratio of 33.99% next year. This indicates that AES will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 1.9 / 5
• Environmental Score: -3.69

Percentage of Shares Shorted

3.14% of the outstanding shares of AES have been sold short.

Short Interest Ratio / Days to Cover

AES has a short interest ratio ("days to cover") of 2.3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in AES has recently decreased by 0.04%, indicating that investor sentiment is improving.

News and Social Media

• Score: 3.0 / 5
• News Sentiment: 0.43

News Sentiment

AES has a news sentiment score of 0.43. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.67 average news sentiment score of Utilities companies.

News Coverage This Week

MarketBeat has tracked 15 news articles for AES this week, compared to 14 articles on an average week.

Search Interest

46 people have searched for AES on MarketBeat in the last 30 days. This is an increase of 119% compared to the previous 30 days.

MarketBeat Follows

23 people have added AES to their MarketBeat watchlist in the last 30 days. This is an increase of 283% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, AES insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 0.64% of the stock of AES is held by insiders.

Percentage Held by Institutions

93.13% of the stock of AES is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

AES Stock Analysis - Frequently Asked Questions

How have AES shares performed this year?

AES's stock was trading at $19.25 on January 1st, 2024. Since then, AES shares have decreased by 31.0% and is now trading at $13.28.
View the best growth stocks for 2024 here.

How were AES's earnings last quarter?

The AES Co. (NYSE:AES) issued its quarterly earnings results on Thursday, October, 31st. The utilities provider reported $0.71 EPS for the quarter, beating analysts' consensus estimates of $0.60 by $0.11. AES's revenue was down 4.2% on a year-over-year basis.
Read the conference call transcript.

Does AES have any subsidiaries?

AES subsidiaries include sPower, AES Distributed Energy Inc., DPL Inc., KMR Power Company, IPALCO Enterprises Inc., 25 Ashdown Road Solar LLC, AES-3C Maritza East 1 Ltd., and more.

Who are AES's major shareholders?

Top institutional shareholders of AES include FMR LLC (5.79%), State Street Corp (5.44%), Geode Capital Management LLC (2.32%) and Massachusetts Financial Services Co. MA (1.04%). Insiders that own company stock include Andres Gluski, Tish Mendoza, Ricardo Manuel Falu, Stephen Coughlin, Paul L Freedman, Maura Shaughnessy and Alain Monie.
View institutional ownership trends.

How do I buy shares of AES?

Shares of AES stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of AES own?

Based on aggregate information from My MarketBeat watchlists, some other companies that AES investors own include Humana (HUM), American Water Works (AWK), Waste Connections (WCN), Voyager Therapeutics (VYGR), The RMR Group (RMR), DiamondRock Hospitality (DRH) and AUO (AUOTY).

Company Calendar

• Last Earnings: 10/31/2024
• Ex-Dividend for 11/15 Dividend: 11/01/2024
• Dividend Payable: 11/15/2024
• Today: 11/20/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/24/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Utilities
• Industry: Electric, gas & sanitary services
• Sub-Industry: Independent Power Producers & Energy Traders
• Current Symbol: NYSE:AES
• CUSIP: 00130H10
• CIK: 874761
• Web: www.aes.com
• Phone: (703) 522-1315
• Fax: 302-636-5454
• Employees: 9,600
• Year Founded: 1981

Price Target and Rating

• Average Stock Price Target: $22.38
• High Stock Price Target: $25.00
• Low Stock Price Target: $19.00
• Potential Upside/Downside: +68.5%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.90
• Research Coverage: 10 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $1.44
• Trailing P/E Ratio: 9.22
• Forward P/E Ratio: 6.88
• P/E Growth: N/A
• Net Income: $249 million
• Net Margins: 8.34%
• Pretax Margin: -0.41%
• Return on Equity: 27.30%
• Return on Assets: 3.76%

Debt

• Debt-to-Equity Ratio: 3.21
• Current Ratio: 0.85
• Quick Ratio: 0.80

Sales & Book Value

• Annual Sales: $12.67 billion
• Price / Sales: 0.75
• Cash Flow: $3.95 per share
• Price / Cash Flow: 3.36
• Book Value: $7.69 per share
• Price / Book: 1.73

Miscellaneous

• Outstanding Shares: 711,030,000
• Free Float: 706,476,000
• Market Cap: $9.44 billion
• Optionable: Optionable
• Beta: 1.10