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AEE

Ameren

NYSEUtilitiesUtilities - Regulated ElectricSnapshot 2026-05-08

$109.07+0.28%
Close 2026-05-08 · 1-day change
The bottom line

As of May 8, 2026, AEE has a composite score of 16.5 and a signal label of "mild favorable." This score is influenced by a medium confidence level of 75.5 and reflects a moderate risk label. Key drivers include macroeconomic factors such as rates, labor, inflation, and growth, with the sector trend currently at -0.7. The analysis is provisional.

Composite +17as of 2026-05-08

Price

Daily closes from AlphaVantage. Earnings/event dots are placed inline.

Close 2026-05-08
Daily closes. Scroll over the chart to zoom; click a range to reset.
EarningsMaterial event

Factor signals

Read top-to-bottom: thesis (is this a strong company over a 1–3 year hold), watch flags (has something changed worth re-reading), and position context (how violent might the path be). Each pill is a parallel diagnostic — never aggregated into a single score.

L1

Thesis

is this a strong company over a 1–3 year hold?
F1 · Recent financial performance
weak
Bottom 10% of utilities cohort
Why this rank
  • Direction share
    0.89
  • Slope (norm)
    -0.23
  • Bonus
    0.00
Operating income, last 4 quarters ($M)
371411825-91
F2 · Value
neutral
Mid-cohort by earnings yield
Why this rank
Price
$109.07
TTM EPS
$6.04
Earnings yield
5.5%
P/E (TTM)
18.1

Trailing four: 2024-Q3, 2025-Q1, 2025-Q2, 2025-Q3

F3 · Earnings quality
robust
Top 20% cash conversion in utilities cohort
Why this rank
TTM NI ($M)
653
TTM CFO ($M)
2,123
CFO/NI
3.25
L2

Watch

has something changed worth re-reading?
F4 · Management stability
volatile
Bottom 20% activity in utilities cohort· see deep-dive ↓
neutral
Earnings setup · pre-print positioning
forward-looking
neutralEPS revised -3.1% / 30d, n=3for period ending 2026-06-30
Why this setup
Consensus revisions

EPS estimate $1.11 → $1.08 (-3.1% / 30d). 1 raised, 2 cut, 3 covering analysts.

Rating actions

0 upgrades, 0 downgrades / 30d, 2 maintained. 53% of analysts rate Buy.

Price target activity

5 PT revisions / 30d. Avg target 9.0% above current price.

Material events

0 positive, 0 negative / 30d.

F4 · Management deep-dive — recent events, stated priorities, guidance track record
2

Stated priorities

3 priorityies extracted from earnings transcripts (as of 2026-05-08).

  1. 1.Affirm 2026 EPS guidancegrowthbehind14% progress
    2/11: Earnings Guidance Range for 2026 Affirmed at $5.25 to $5.45 per Diluted Share.
    Why this status

    Stated in 3 of last 3 quarters. Ameren has consistently reaffirmed its 2026 EPS guidance range of $5.25 to $5.45 per share. Despite the affirmation, the financials show a net income of -$99.1 million in 2026-Q1, indicating limited progress towards achieving the guidance.

  2. 2.Debt issuance for capital allocationcapital allocationmixed44% progress
    3/4: Ameren sold $400 million principal amount of its 5.00% Senior Notes due 2036.
    Why this status

    Stated in 2 of last 2 quarters. Ameren issued $400 million in Senior Notes in 2026-Q1 and $450 million in Bonds in 2025-Q4, supporting its capital allocation strategy. However, operating income was negative at -$99.1 million in 2026-Q1, indicating financial strain despite the capital influx.

  3. 3.Leadership transitiontalentmixed65% progress
    2/9: Timothy S. Rausch was elected to the Board, with a term beginning on March 1, 2026.
    Why this status

    Stated in 2 of last 2 quarters. Ameren has been actively managing leadership transitions, with new board appointments in 2026-Q1 and 2025-Q4. These changes are part of its strategy to strengthen governance, though the financial impact remains to be seen as net income was negative at -$99.1 million in 2026-Q1.

3

Guidance track record

Insufficient guidance history for this ticker.

L3

Position context

how violent might the path be while I hold it?
Risk profile · realized
backward-looking
moderateworst 12m loss −8%, typical day ±0.8%
Why this risk level

Recent vol — 30d annualized 17%; 252d 15%.

Drawdown — Max 1y −8%. Bad day move −1%.

Beta to sector ETF (XLU) 0.05 over 1y.

Liquidity — score 100/100.

Sub-scores — vol 75/100, drawdown 84/100, beta 5/100, earnings vol .

Sector regime
headwind-6.6%sector vs S&P 500, 60d

via XLU

Tailwind = sector leading the S&P 500; headwind = trailing. Both can be constructive — historically, headwind regimes have averaged stronger forward returns than tailwind.

AI cycle regime · market-wide
2-axis classifier
HeatingManiaSquallCrisisEarnings →Mood ↑
HeatingE +0.13 · M +0.71
Single-axisCHASEz +2.97+1.285d

Context label only — describes the market state (e.g. real bear vs narrative panic, healthy uptrend vs late-stage froth). It is not a per-ticker buy/sell signal and does not predict factor performance.

Not investment advice. As of 2026-05-08.

3

What changed

The most important moves since the prior daily snapshot.

  1. No material changes since the prior snapshot.

No material changes since the prior snapshot.

as of 2026-05-08

4

Management scorecard

How management runs the business — capital, margins, balance sheet, and how reliably they guide and deliver.

Composite48.1 / 100
Capital allocation38
Earnings discipline71
Margin discipline47
Balance sheet38
Guidance credibility
Post-call reaction54
as of 2026-05-08
4

What management is focused on

Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.

  • #1

    Affirm 2026 EPS guidance

    GrowthNew since 2026-05-04

    Ameren has consistently reaffirmed its 2026 earnings guidance range of $5.25 to $5.45 per share.

    Behind

    Stated in 3 of last 3 quarters. Ameren has consistently reaffirmed its 2026 EPS guidance range of $5.25 to $5.45 per share. Despite the affirmation, the financials show a net income of -$99.1 million in 2026-Q1, indicating limited progress towards achieving the guidance.

    14%
    CEO/CFO:Earnings Guidance Range for 2026 Affirmed at $5.25 to $5.45 per Diluted Share.
    Press releaseSource dated 2026-02-11Stated 3 of last 8 quartersFirst seen 2026-05-04
    Show history (3)
    • 2025-Q4Press release

      Earnings Guidance Range for 2026 Affirmed at $5.25 to $5.45 per Diluted Share.

    • 2025-Q3Press release

      2026 Diluted EPS Guidance Range Established at $5.25 to $5.45.

    • 2025-Q2Press release

      2026 diluted EPS to be in the range of $5.25 to $5.45.

  • #2

    Debt issuance for capital allocation

    Capital allocationNew since 2026-05-04

    Ameren has been actively issuing debt to support its capital allocation strategy.

    Mixed

    Stated in 2 of last 2 quarters. Ameren issued $400 million in Senior Notes in 2026-Q1 and $450 million in Bonds in 2025-Q4, supporting its capital allocation strategy. However, operating income was negative at -$99.1 million in 2026-Q1, indicating financial strain despite the capital influx.

    44%
    CEO/CFO:Ameren sold $400 million principal amount of its 5.00% Senior Notes due 2036.
    Multiple sourcesSource dated 2026-03-04Stated 2 of last 8 quartersFirst seen 2026-05-04
    Show history (2)
    • 2026-Q1Multiple sources

      Ameren sold $400 million principal amount of its 5.00% Senior Notes due 2036.

    • 2025-Q4Multiple sources

      Union Electric Company sold $450 million principal amount of its 4.80% First Mortgage Bonds due 2036.

  • #3

    Leadership transition

    TalentNew since 2026-05-04

    Ameren is undergoing leadership transitions with new appointments to its board and committees.

    WatchMixed

    Stated in 2 of last 2 quarters. Ameren has been actively managing leadership transitions, with new board appointments in 2026-Q1 and 2025-Q4. These changes are part of its strategy to strengthen governance, though the financial impact remains to be seen as net income was negative at -$99.1 million in 2026-Q1.

    65%
    CEO/CFO:Timothy S. Rausch was elected to the Board, with a term beginning on March 1, 2026.
    Multiple sourcesSource dated 2026-02-09Stated 2 of last 8 quartersFirst seen 2026-05-04
    Show history (2)
    • 2026-Q1Multiple sources

      Timothy S. Rausch was elected to the Board, with a term beginning on March 1, 2026.

    • 2025-Q4Multiple sources

      Jamie L. Engstrom was elected to the Board, with a term beginning on January 1, 2026.

as of 2026-05-08
5

How this stock is priced

Two ways to read price: against peers in the same business, and against the company's own history.

Compared to peers
60higher = cheaper

Roughly priced in line with peers.

Compared to its own history
higher = cheaper

Self-history needs ~20 months of data.

P/E
19.6x
EV/EBITDA
5.5x
FCF yield
-4.4%

P/E over the last 5 years

0 monthly points
Self-history needs ~20 months of TTM data; this ticker isn’t there yet.
fairas of 2026-05-08
7

How this compares

A side-by-side read on composite, valuation, and risk versus peers.

StockCompositeValuationRisk
AEE
Ameren
+17fairmoderate
NEE
NextEra Energy
+19fullmoderate
CEG
Constellation Energy
+16fullelevated
SO
Southern Company
+19fairmoderate
DUK
Duke Energy
+28inexpensivemoderate
8

Risk — how this stock moves

What a normal day looks like, what a bad day looks like, and the worst the last year has thrown at it.

A typical day
How much price usually moves either way.
0.8%
A bad day (95th %ile)
A rough but not unusual down day.
-1.5%
Worst 12-month loss
Deepest peak-to-trough drop in the last year.
-7.9%
Earnings-day move
How much price usually moves on earnings day.
moderateas of 2026-05-08
9

What could change this view

Conditional scenarios — if X happens, the score would shift by about Y points. These are not predictions.

Upside triggers
  • If utilities sector trend rises from -0.04 into 'improving' (>= +0.20)+5.0 pts
  • If next-quarter guidance is raised (currently NEW as of 2026-05-05)+4.0 pts
Downside triggers
  • If next-quarter guidance is cut (currently NEW as of 2026-05-05)-8.0 pts
  • If rates state reverses from -0.37 (negative) to +0.37 (positive)-7.3 pts
  • If utilities sector trend falls from -0.04 into 'weakening' (<= -0.20)-5.0 pts
10

Material updates

Recent SEC 8-K filings ranked by likely impact, confidence, and recency.

  1. 2026-05-054d agoItem 2.02

    Results of Operations and Financial Condition. On May 5, 2026, Ameren Corporation (“Ameren”) issued a press release announcing its earnings for the quarterly period ended March 31, 2026. The press release is attached as Exhibit 99.1 and is incorporated herein by reference. The information furnished pursuant to this Item 2.02, including Exhibit 99.1, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”) or otherwise subje…

    earnings preannouncementneutralscore 60
  2. 2026-03-042mo agoItem 8.01

    Other Events. On March 4, 2026, Ameren Corporation (“Ameren”) sold $400 million principal amount of its 5.00% Senior Notes due 2036 (the “Notes”). The Notes were offered pursuant to a Registration Statement on Form S-3 (File No. 333-274977), which became effective on October 13, 2023, and a Prospectus Supplement dated February 26, 2026, to a Prospectus dated October 13, 2023. Ameren received net offering proceeds of approximately $396.6 million, before expenses, upon closing of the transactio…

    capital allocationneutralscore 12
  3. 2026-02-272mo agoItem 8.01

    Other Events. On February 27, 2026, Union Electric Company, doing business as Ameren Missouri (“Ameren Missouri”), a subsidiary of Ameren Corporation, sold $450 million principal amount of its 4.80% First Mortgage Bonds due 2036 (the “2036 Bonds”) and $450 million principal amount of its 5.55% First Mortgage Bonds due 2056 (the “2056 Bonds”, and together with the 2036 Bonds, the “Bonds”). The Bonds were offered pursuant to a Registration Statement on Form S-3 (File No. 333-274977-02), which b…

    capital allocationneutralscore 10
  4. 2026-02-112mo agoItem 2.02

    Results of Operations and Financial Condition. On February 11, 2026, Ameren Corporation (“Ameren”) issued a press release announcing its earnings for the fourth quarter and year ended December 31, 2025, and providing earnings guidance. The press release is attached as Exhibit 99.1 and is incorporated herein by reference. The information furnished pursuant to this Item 2.02, including Exhibit 99.1, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, a…

    earnings preannouncementpositivescore 10
  5. 2026-02-092mo agoItem 5.02

    Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. (d) On February 6, 2026, the Board of Directors (the "Board") of Ameren Corporation ("Ameren") elected Timothy S. Rausch to the Board, with a term beginning on March 1, 2026, and expiring at Ameren's Annual Meeting of Shareholders in 2026. Also effective March 1, 2026, the Board appointed Mr. Rausch to the Finance Committee and the Nuclear, Operati…

    executive changeneutralscore 7
11

Score history

The composite score, snapshot by snapshot. The dotted line at zero separates leaning-positive from leaning-negative.

60 snapshots
Data freshness · As of 2026-05-08 · Macro 2026-05-08 · Sector 2026-05-07 · Fundamentals 2026-02-18 · Price 2026-05-07 · Generated 2026-05-08 · Spec 2.3

Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.