Ameren Corp
AEE: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$62.00 | Vyyf | Hhxqzbl |
Ameren Earnings: Illinois Rate Case Remains Focus for Investors
We are reaffirming our $86 fair value estimate after Ameren reported second-quarter operating earnings per share of $0.90 compared with $0.80 in the year-ago period. Management reaffirmed its 2023 EPS guidance of $4.25-$4.45, in line with our expectations. After declining 7% since its mid-May high, Ameren stock now trades at a slight discount to our our fair value estimate.