AMEREN CORP (AEE) Stock Analysis — April 2026 Rating, Price, and Forecast
Company Overview — What Does AMEREN CORP Do?
Ameren Corporation, together with its subsidiaries, operates as a public utility holding company in the United States. It operates through four segments: Ameren Missouri, Ameren Illinois Electric Distribution, Ameren Illinois Natural Gas, and Ameren Transmission. The company engages in the rate-regulated electric generation, transmission, and distribution activities; and rate-regulated natural gas distribution and transmission businesses. It primarily generates electricity through coal, nuclear, and natural gas, as well as renewable sources, such as hydroelectric, wind, methane gas, and solar. The company serves residential, commercial, and industrial customers. Ameren Corporation was founded in 1881 and is headquartered in St. Louis, Missouri. AMEREN CORP (AEE) is classified as a large-cap stock in the Utilities sector. The company is led by CEO Martin J. Lyons and employs approximately 9,240 people, headquartered in Saint Louis, Missouri. With a market capitalization of $30.6B, AEE is one of the prominent companies in the Utilities sector.
AMEREN CORP (AEE) Stock Rating — Hold (April 2026)
As of April 2026, AMEREN CORP receives a Hold rating with a composite score of 49.6/100 and 3 out of 5 stars from the Blank Capital Research quantitative model.AEE ranks #511 out of 4,446 stocks in our coverage universe. Within the Utilities sector, AMEREN CORP ranks #49 of 112 stocks, placing it in the upper half of its Utilities peers. The rating is generated by a multi-factor model that weighs quality (30%), momentum (25%), value (15%), investment (10%), stability (10%), and short interest (10%).
AEE Stock Price and 52-Week Range
AMEREN CORP (AEE) currently trades at $114.03. The stock lost $0.29 (0.3%) in the most recent trading session. The 52-week high for AEE is $113.93, which means the stock is currently trading 0.1% from its annual peak. The 52-week low is $91.77, putting the stock 24.3% above its annual trough. Recent trading volume was 151K shares, suggesting relatively thin trading activity.
Is AEE Overvalued or Undervalued? — Valuation Analysis
AMEREN CORP (AEE) carries a value factor score of 57/100 in the Blank Capital model, indicating fair valuation relative to historical norms. The trailing price-to-earnings ratio is 18.50x, compared to the Utilities sector average of 23.47x — a discount of 21%. The price-to-book ratio stands at 2.28x, versus the sector average of 1.98x. The price-to-sales ratio is 3.35x, compared to 0.82x for the average Utilities stock. On an enterprise value basis, AEE trades at 22.30x EV/EBITDA, versus 4.75x for the sector.
Overall, AEE's valuation appears roughly in line with sector benchmarks, suggesting the market is pricing the stock fairly given its current fundamentals and growth trajectory. Neither deep value nor significantly overpriced, the stock occupies a middle ground on valuation.
AMEREN CORP Profitability — ROE, Margins, and Quality Score
AMEREN CORP (AEE) earns a quality factor score of 51/100, indicating solid business quality with consistent operational execution. The return on equity (ROE) is 12.3%, compared to the Utilities sector average of 9.9%, which is within a healthy range. Return on assets (ROA) comes in at 3.4% versus the sector average of 3.1%.
On a margin basis, AMEREN CORP reports gross margins of 52.0%, compared to 53.1% for the sector. The operating margin is 24.1% (sector: 21.5%). Net profit margin stands at 17.8%, versus 12.8% for the average Utilities stock. Revenue growth is running at 59.4% on a trailing basis, compared to 20.1% for the sector. The overall profitability profile is adequate, though there may be room for margin expansion.
AEE Debt, Balance Sheet, and Financial Health
AMEREN CORP has a debt-to-equity ratio of 144.0%, compared to the Utilities sector average of 164.5%. Leverage is within a manageable range for the industry, though investors should monitor debt trends over time. The current ratio is 0.66x, which may signal near-term liquidity tightness. Total debt on the balance sheet is $19.43B. Cash and equivalents stand at $9M.
AEE has a beta of 0.21, meaning it is less volatile than the S&P 500, making it a relatively defensive holding. The stability factor score for AMEREN CORP is 95/100, indicating low-volatility characteristics and consistent price behavior that appeals to risk-averse investors.
AMEREN CORP Revenue and Earnings History — Quarterly Trend
In TTM 2026, AMEREN CORP reported revenue of $9.19B and earnings per share (EPS) of $5.38. Net income for the quarter was $1.67B. Gross margin was 52.0%. Operating income came in at $2.25B.
In FY 2025, AMEREN CORP reported revenue of $8.80B and earnings per share (EPS) of $5.38. Net income for the quarter was $1.46B. Revenue grew 15.4% year-over-year compared to FY 2024. Operating income came in at $2.03B.
In Q3 2025, AMEREN CORP reported revenue of $2.70B and earnings per share (EPS) of $2.37. Net income for the quarter was $641M. Revenue grew 24.2% year-over-year compared to Q3 2024. Operating income came in at $825M.
In Q2 2025, AMEREN CORP reported revenue of $2.22B and earnings per share (EPS) of $1.02. Net income for the quarter was $277M. Revenue grew 31.2% year-over-year compared to Q2 2024. Operating income came in at $411M.
Over the past 8 quarters, AMEREN CORP has demonstrated a growth trajectory, with revenue expanding from $1.69B to $9.19B. Investors analyzing AEE stock should weigh these quarterly trends alongside the valuation and quality metrics discussed above.
AEE Dividend Yield and Income Analysis
AMEREN CORP (AEE) currently pays a dividend yield of 2.7%. At this yield, a $10,000 investment in AEE stock would generate approximately $$268.00 in annual dividend income. This compares to the Utilities sector average dividend yield of 2.8%, meaning AEE yields less than the typical sector peer. With a net margin of 17.8%, the dividend appears well-covered by earnings, suggesting sustainable payouts going forward.
AEE Momentum and Technical Analysis Profile
AMEREN CORP (AEE) has a momentum factor score of 51/100, reflecting neutral trend characteristics. The stock is neither significantly outperforming nor underperforming the broader market on a momentum basis. The investment factor score is 22/100, which measures capital allocation efficiency and asset growth patterns. The short interest score of 14/100 signals elevated short interest, which can indicate bearish sentiment among institutional investors.
AEE vs Competitors — Utilities Sector Ranking and Peer Comparison
Within the Utilities sector, AMEREN CORP (AEE) ranks #49 out of 112 stocks based on the Blank Capital composite score. This places AEE in the upper half of all Utilities stocks in our coverage universe. Key competitors and sector peers include Energy Transfer LP (ET) with a score of 52.6/100, Southwest Gas Holdings, Inc. (SWX) with a score of 54.8/100, NEXTERA ENERGY INC (NEE) with a score of 51.6/100, EDISON INTERNATIONAL (EIX) with a score of 53.0/100, and TC ENERGY CORP (TRP) with a score of 53.1/100.
Comparing AEE against the S&P 500 benchmark is also instructive for understanding relative performance. Investors can view the full AEE vs S&P 500 (SPY) comparison to assess how AMEREN CORP stacks up against the broader market across all factor dimensions.
AEE Next Earnings Date
No upcoming earnings date has been announced for AMEREN CORP (AEE) at this time. Check the earnings calendar for the latest scheduling updates across all stocks in our coverage universe.
Should You Buy AEE? — Investment Thesis Summary
AMEREN CORP presents a balanced picture with arguments on both sides. Low volatility (stability score 95/100) reduces downside risk.
In summary, AMEREN CORP (AEE) earns a Hold rating with a composite score of 49.6/100 as of April 2026. The rating is derived from the Blank Capital Research methodology, which combines six factor dimensions into a single quantitative ranking. Investors should consider these quantitative signals alongside their own fundamental research, risk tolerance, and investment time horizon before making buy or sell decisions on AEE stock.
Related Resources for AEE Investors
Explore more research and tools: AEE vs S&P 500 comparison, top Utilities stocks, stock screener, our methodology, quality factor explained, value factor explained, momentum factor explained. Compare AEE head-to-head with peers: AEE vs ET, AEE vs SWX, AEE vs NEE.