Zacks Research Analysts Increase Earnings Estimates for The AES Co. (NYSE:AES)

The AES Co. (NYSE:AES) – Equities research analysts at Zacks Research raised their FY2026 earnings per share estimates for shares of AES in a research note issued to investors on Thursday, April 18th. Zacks Research analyst R. Department now expects that the utilities provider will post earnings per share of $2.09 for the year, up from their prior estimate of $2.08. The consensus estimate for AES’s current full-year earnings is $1.91 per share.

AES (NYSE:AES) last released its quarterly earnings data on Tuesday, February 27th. The utilities provider reported $0.73 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.67 by $0.06. The company had revenue of $2.97 billion during the quarter, compared to the consensus estimate of $3.36 billion. AES had a net margin of 2.12% and a return on equity of 38.76%. AES’s revenue for the quarter was down 3.0% on a year-over-year basis. During the same period in the previous year, the firm earned $0.49 earnings per share.

Several other research analysts have also commented on AES. Morgan Stanley reaffirmed an “overweight” rating and issued a $25.00 price target on shares of AES in a report on Monday, March 25th. Royal Bank of Canada reaffirmed an “outperform” rating and set a $22.00 target price on shares of AES in a report on Tuesday, April 9th. Barclays cut their price target on AES from $21.00 to $20.00 and set an “overweight” rating on the stock in a report on Thursday, March 14th. Argus reaffirmed a “buy” rating and issued a $25.00 target price on shares of AES in a research report on Tuesday, March 26th. Finally, Mizuho started coverage on shares of AES in a report on Thursday. They set a “buy” rating and a $21.00 price target for the company. One research analyst has rated the stock with a sell rating, two have given a hold rating and five have issued a buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $22.13.

AES Trading Up 0.8 %

NYSE AES opened at $16.40 on Friday. The company has a debt-to-equity ratio of 4.42, a current ratio of 0.68 and a quick ratio of 0.61. The company’s fifty day moving average price is $16.47 and its two-hundred day moving average price is $16.68. AES has a 12 month low of $11.43 and a 12 month high of $24.33. The company has a market capitalization of $11.66 billion, a price-to-earnings ratio of 49.70 and a beta of 1.08.

AES Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, May 15th. Shareholders of record on Wednesday, May 1st will be given a $0.1725 dividend. The ex-dividend date of this dividend is Tuesday, April 30th. This represents a $0.69 annualized dividend and a yield of 4.21%. AES’s dividend payout ratio (DPR) is 209.10%.

Institutional Investors Weigh In On AES

A number of large investors have recently made changes to their positions in AES. Coppell Advisory Solutions Corp. purchased a new position in AES in the fourth quarter valued at about $27,000. Gyon Technologies Capital Management LP acquired a new stake in shares of AES in the fourth quarter worth $32,000. Riverview Trust Co bought a new stake in shares of AES during the 1st quarter worth $33,000. Resurgent Financial Advisors LLC bought a new position in AES in the 4th quarter worth $34,000. Finally, Glassman Wealth Services lifted its position in AES by 186.1% during the 4th quarter. Glassman Wealth Services now owns 1,928 shares of the utilities provider’s stock worth $37,000 after acquiring an additional 1,254 shares during the last quarter. Institutional investors and hedge funds own 93.13% of the company’s stock.

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.