AES
About: AES is a global power company that operates in 15 countries. Its generation portfolio as of year-end 2023 totals over 35 gigawatts, including renewable energy (53%), gas (27%), coal (18%), and oil (2%). AES has majority ownership and operates six electric utilities distributing power to more than 2.5 million customers.
Employees: 9,600
0
Funds holding %
of 7,363 funds
0
Analysts bullish %
of 6 analysts
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
9% more first-time investments, than exits
New positions opened: 116 | Existing positions closed: 106
3% more repeat investments, than reductions
Existing positions increased: 258 | Existing positions reduced: 250
0% less funds holding
Funds holding: 693 [Q3] → 692 (-1) [Q4]
6.26% less ownership
Funds ownership: 98.55% [Q3] → 92.28% (-6.26%) [Q4]
33% less funds holding in top 10
Funds holding in top 10: 6 [Q3] → 4 (-2) [Q4]
40% less capital invested
Capital invested by funds: $14B [Q3] → $8.45B (-$5.59B) [Q4]
43% less call options, than puts
Call options by funds: $128M | Put options by funds: $226M
Research analyst outlook
6 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$7
42%
downside
Avg. target
$13.17
10%
upside
High target
$17
42%
upside
6 analyst ratings
4 positive
67%
1 neutral
17%
1 negative
17%
Susquehanna Biju Perincheril 17% 1-year accuracy 11 / 65 met price target | 25%upside $15 | Positive Maintained | 5 Mar 2025 |
Mizuho Anthony Crowdell 60% 1-year accuracy 15 / 25 met price target | 25%upside $15 | Outperform Maintained | 4 Mar 2025 |
B of A Securities Julien Dumoulin-Smith 56% 1-year accuracy 46 / 82 met price target | 8%upside $13 | Neutral Upgraded | 4 Mar 2025 |
Seaport Global Angie Storozynski 100% 1-year accuracy 1 / 1 met price target | 42%downside $7 | Sell Downgraded | 3 Mar 2025 |
Barclays Nicholas Campanella 53% 1-year accuracy 43 / 81 met price target | 0%upside $12 | Overweight Maintained | 27 Jan 2025 |
Financial journalist opinion
Based on 17 articles about AES published over the past 30 days
Positive
Zacks Investment Research
1 day ago
AES to Gain From Renewable Expansion & Rising Presence in LNG Space
AES is projected to gain from expanding renewable generation. The company is also retiring its coal-fired units to reduce carbon emissions from its portfolio.
Positive
The Motley Fool
2 days ago
3 Magnificent S&P 500 Dividend Stocks Down 20% to 63% to Buy and Hold Forever
Lots of investors enjoy keeping an eye on the market in general, and their portfolio in particular, standing ready to make a move whenever one is merited. Other people, however, have neither the time nor the inclination to monitor and manage their stocks.
Neutral
Zacks Investment Research
1 week ago
AES Corp.'s Q4 Earnings Beat Estimates, Revenues Decline Y/Y
AES' fourth-quarter revenues miss the Zacks Consensus Estimate by 9.1%. The top line decreases 0.2% from the year-ago level.
Positive
Kiplinger
1 week ago
The Best Value Stocks to Buy
Value stocks can be defined differently depending on who you ask. Here, we look at ways to measure valuation and how investors can find the best value stocks.
Neutral
Seeking Alpha
1 week ago
The AES Corporation (AES) Q4 2024 Earnings Call Transcript
The AES Corporation (NYSE:AES ) Q4 2024 Earnings Conference Call February 28, 2025 10:00 AM ET Company Participants Susan Harcourt - Vice President, Investor Relations Andrés Gluski - President & Chief Executive Officer Steve Coughlin - Chief Financial Officer Ricardo Falú - Chief Operating Officer Conference Call Participants Nick Campanella - Barclays David Arcaro - Morgan Stanley Durgesh Chopra - Evercore ISI Julien Dumoulin-Smith - Jefferies Michael Sullivan - Wolfe Research Will Grainger - Mizuho Operator Hello everyone, and a warm welcome to The AES Corporation Fourth Quarter and Full Year 2024 Financial Review Call. My name is Emily and I'll be coordinating your call today.
Positive
Zacks Investment Research
1 week ago
AES (AES) Q4 Earnings Beat Estimates
AES (AES) came out with quarterly earnings of $0.54 per share, beating the Zacks Consensus Estimate of $0.34 per share. This compares to earnings of $0.73 per share a year ago.
Positive
Reuters
1 week ago
AES Corp forecasts higher-than-expected annual profit on new renewable energy projects
U.S. power company AES Corp on Friday forecast annual adjusted profit above Wall Street expectations, banking on contributions from new renewables projects and rate-base growth in its utilities segment.
Neutral
PRNewsWire
1 week ago
AES Achieves 2024 Strategic & Financial Goals
Initiates 2025 Guidance and Reaffirms Long-Term Growth Rate Targets 2024 Strategic Accomplishments Signed or awarded 6.8 GW of new contracts, including renewables PPAs, data center load growth at US utilities, and retail supply for data centers 4.4 GW of renewables under long-term PPAs 2.1 GW of data center growth at AES Ohio 310 MW of retail supply to support data centers throughout Ohio Ranked the #1 provider of clean energy globally to corporations by BloombergNEF, representing the third consecutive year as a top seller Completed the construction or acquisition of 3.0 GW of renewables primarily in the United States and Chile and completed the construction of a 670 MW combined cycle gas plant in Panama Received approval from the IURC to implement new base rates and an ROE of 9.9% at AES Indiana Including transactions in 2023 and 2024, announced or closed $2.8 billion of $3.5 billion asset sale proceeds target through 2027 2024 Financial Highlights GAAP Financial Metrics Net Income of $698 million, compared to Net Loss of $182 million in 2023 Net Income Attributable to The AES Corporation of $1,686 million, compared to $242 million in 2023 Diluted EPS of $2.37, compared to $0.34 in 2023 Non-GAAP Adjusted Financial Metrics Adjusted EBITDA1 of $2,639 million, compared to $2,828 million in 2023 and 2024 guidance of $2,600 to $2,900 million Adjusted EBITDA with Tax Attributes1,2 of $3,952 million, compared to $3,439 million in 2023 and 2024 expectation of $3,550 to $3,950 million Adjusted EPS3 of $2.14, compared to $1.76 in 2023 and 2024 guidance of $1.87 to $1.97 Financial Position and Outlook With 10.0 GW of signed PPAs in 2023 and 2024, on track to achieve target of signing 14 to 17 GW in 2023 to 2025 Expecting to complete construction of 3.2 GW of new renewables in 2025 Initiating 2025 guidance for Adjusted EBITDA1 of $2,650 to $2,850 million Reaffirming annualized growth target of 5% to 7% through 2027, off a base of 2023 guidance Initiating expectation for 2025 Adjusted EBITDA with Tax Attributes1,2 of $3,950 to $4,350 million Initiating 2025 guidance for Adjusted EPS3 of $2.10 to $2.26 Reaffirming annualized growth target of 7% to 9% through 2025, off a base of 2020 and 7% to 9% through 2027, off a base of 2023 guidance ARLINGTON, Va. , Feb. 27, 2025 /PRNewswire/ -- The AES Corporation (NYSE: AES) today reported financial results for the year ended December 31, 2024.
Neutral
Zacks Investment Research
1 week ago
Is the Options Market Predicting a Spike in AES Corp. (AES) Stock?
Investors need to pay close attention to AES Corp. (AES) stock based on the movements in the options market lately.
Positive
24/7 Wall Street
1 week ago
Grab These 4 Quality 5%+ High-Yield Dividend Giants as the 10-Year Treasury Yield Plunges
The 10-year Treasury yield has dropped to the lowest level since last December. The lower yield could mean a flight to safety for worried traders. Quality high-yield dividend stocks make sense for growth and income investors.
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