AES (NYSE:AES) Issues FY25 Earnings Guidance

AES (NYSE:AES) issued an update on its FY25 earnings guidance on Friday morning. The company provided EPS guidance of $2.10-2.26 for the period, compared to the consensus EPS estimate of $2.03. AES also updated its FY 2025 guidance to 2.100-2.260 EPS.

AES Trading Down 4.7 %

NYSE:AES opened at $10.41 on Friday. The company has a debt-to-equity ratio of 3.21, a quick ratio of 0.80 and a current ratio of 0.85. AES has a one year low of $9.88 and a one year high of $22.21. The business’s 50-day simple moving average is $11.54 and its 200 day simple moving average is $14.59. The stock has a market cap of $7.40 billion, a price-to-earnings ratio of 7.23, a price-to-earnings-growth ratio of 0.82 and a beta of 0.99.

AES (NYSE:AES) last released its quarterly earnings results on Friday, February 28th. The utilities provider reported $0.54 EPS for the quarter, topping the consensus estimate of $0.34 by $0.20. AES had a return on equity of 27.30% and a net margin of 8.34%. The business had revenue of $2.96 billion for the quarter, compared to analysts’ expectations of $3.07 billion. During the same quarter in the previous year, the firm posted $0.73 earnings per share. As a group, sell-side analysts predict that AES will post 1.93 earnings per share for the current fiscal year.

AES Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, May 15th. Investors of record on Thursday, May 1st will be issued a $0.176 dividend. This represents a $0.70 annualized dividend and a yield of 6.76%. The ex-dividend date is Thursday, May 1st. AES’s dividend payout ratio is currently 48.61%.

Analyst Ratings Changes

Several analysts recently weighed in on AES shares. HSBC started coverage on AES in a report on Friday, December 13th. They issued a “buy” rating and a $17.00 price objective for the company. Barclays lowered their price objective on AES from $17.00 to $12.00 and set an “overweight” rating for the company in a report on Monday, January 27th. Bank of America started coverage on AES in a report on Monday, November 25th. They issued an “underperform” rating and a $11.00 price objective for the company. Hsbc Global Res raised AES to a “strong-buy” rating in a report on Friday, December 13th. Finally, Mizuho lowered their target price on AES from $24.00 to $16.00 and set an “outperform” rating for the company in a report on Thursday, November 21st. One 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 company. According to data from MarketBeat, AES currently has an average rating of “Moderate Buy” and an average price target of $18.80.

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.