Seaport Res Ptn Has Bullish Forecast for AES FY2025 Earnings

The AES Co. (NYSE:AES) – Equities research analysts at Seaport Res Ptn increased their FY2025 EPS estimates for shares of AES in a research note issued on Monday, March 3rd. Seaport Res Ptn analyst A. Storozynski now forecasts that the utilities provider will post earnings per share of $2.25 for the year, up from their prior forecast of $1.96. Seaport Res Ptn currently 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 (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. The business had revenue of $2.96 billion during the quarter, compared to the consensus estimate of $3.07 billion. AES had a return on equity of 27.30% and a net margin of 8.34%. During the same period in the previous year, the firm posted $0.73 earnings per share.

A number of other research firms also recently commented on AES. Bank of America raised AES from an “underperform” rating to a “neutral” rating and boosted their price objective for the stock from $11.00 to $13.00 in a research note on Tuesday. Hsbc Global Res raised shares of AES to a “strong-buy” rating in a research report on Friday, December 13th. Mizuho decreased their price objective on shares of AES from $16.00 to $15.00 and set an “outperform” rating for the company in a research note on Tuesday. Susquehanna decreased their target price on AES from $16.00 to $15.00 and set a “positive” rating for the company in a research report on Wednesday. Finally, HSBC started coverage on AES in a report on Friday, December 13th. They issued a “buy” rating and a $17.00 target price on the stock. One equities research analyst has rated the stock with a sell rating, two have given a hold rating, eight have assigned a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat, AES currently has a consensus rating of “Moderate Buy” and a consensus price target of $18.30.

AES Stock Performance

AES stock opened at $10.97 on Wednesday. The company has a 50-day simple moving average of $11.43 and a 200 day simple moving average of $14.43. The company has a quick ratio of 0.80, a current ratio of 0.85 and a debt-to-equity ratio of 3.21. The company has a market capitalization of $7.80 billion, a P/E ratio of 7.61, a PEG ratio of 0.82 and a beta of 0.99. AES has a fifty-two week low of $9.88 and a fifty-two week high of $22.21.

AES Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, May 15th. Shareholders of record on Thursday, May 1st will be given a dividend of $0.176 per share. The ex-dividend date is Thursday, May 1st. This represents a $0.70 dividend on an annualized basis and a yield of 6.42%. AES’s payout ratio is currently 29.54%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of AES. Point72 Asset Management L.P. bought a new stake in AES during the 4th quarter valued at approximately $121,627,000. FMR LLC raised its stake in AES by 19.5% during the 4th quarter. FMR LLC now owns 49,173,626 shares of the utilities provider’s stock valued at $632,865,000 after purchasing an additional 8,027,426 shares during the last quarter. Ameriprise Financial Inc. grew its position in AES by 35.7% in the 4th quarter. Ameriprise Financial Inc. now owns 28,571,119 shares of the utilities provider’s stock worth $367,499,000 after purchasing an additional 7,519,129 shares during the last quarter. Invesco Ltd. raised its position in shares of AES by 64.2% during the fourth quarter. Invesco Ltd. now owns 15,948,807 shares of the utilities provider’s stock valued at $205,261,000 after buying an additional 6,238,087 shares during the last quarter. Finally, State Street Corp lifted its stake in shares of AES by 18.2% in the third quarter. State Street Corp now owns 38,651,752 shares of the utilities provider’s stock valued at $775,354,000 after buying an additional 5,960,546 shares during the period. 93.13% of the stock is currently owned by institutional investors and hedge funds.

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.