The AES Corporation (AES)
| Market Cap | 9.77B |
| Revenue (ttm) | 12.28B |
| Net Income (ttm) | 1.03B |
| Shares Out | 711.03M |
| EPS (ttm) | 1.44 |
| PE Ratio | 9.56 |
| Forward PE | 7.03 |
| Dividend | $0.69 (5.04%) |
| Ex-Dividend Date | Nov 1, 2024 |
| Volume | 8,415,518 |
| Open | 13.86 |
| Previous Close | 13.97 |
| Day's Range | 13.73 - 13.93 |
| 52-Week Range | 13.27 - 22.21 |
| Beta | 1.09 |
| Analysts | Strong Buy |
| Price Target | 22.89 (+66.59%) |
| Earnings Date | Oct 31, 2024 |
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 wholesal... [Read more]
Financial Performance
Financial StatementsAnalyst Forecast
According to 10 analysts, the average rating for AES stock is "Strong Buy." The 12-month stock price forecast is $22.89, which is an increase of 66.59% from the latest price.
News
Renewable-energy stocks tank after Trump wins White House
Trump, a climate change denier, is expected to upend green policies implemented by the current administration, which include solar tax credits and incentives that were part of incumbent President Joe ...
AES Stock: Delving Deeper Than Just Dividend Temptations
I am cautious about investing in The AES Corporation despite its compelling 4.7% dividend yield and low P/E ratio, due to its high leverage and aggressive capital expenditures. AES's revenues are larg...
NVIDIA and Sherwin-Williams Set to Join Dow Jones Industrial Average; Vistra to Join Dow Jones Utility Average
NEW YORK , Nov. 1, 2024 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the Dow Jones Industrial Average (DJIA) and Dow Jones Utility Average (DJUA) effective prior to the ope...
AES Corporation (AES) Third Quarter 2024 Earnings Conference Call Transcript
Start Time: 09:00 January 1, 0000 10:06 AM ET AES Corporation (NYSE:AES) Q3 2024 Earnings Call November 01, 2024, 09:00 AM ET Company Participants Andres Gluski - President and CEO Steve Coughlin - E...
AES Reports Third Quarter Financial Results; Completes 1.2 GW of Construction and Adds 2.2 GW of Renewables PPAs and Data Center Load Growth at US Utilities
Reaffirms 2024 Guidance and Long-Term Growth Rates Strategic Accomplishments Signed or awarded 2.2 GW of new contracts, including long-term renewables PPAs and data center load growth at US utilities ...
Evercore is bullish on utilities, upgrades from line to outperform
The surge in artificial intelligence has sparked a growing appetite for energy and power, creating a bullish environment for utilities (XLU). This trend has propelled the sector to outshine the broade...
AES Announces Quarterly Dividend
ARLINGTON, Va. , Oct. 11, 2024 /PRNewswire/ -- The Board of Directors of The AES Corporation (NYSE: AES) declared a quarterly common stock dividend of $0.1725 per share payable on November 15, 2024 to...
AES Announces Third Quarter 2024 Financial Review Conference Call to be Held on Friday, November 1, 2024 at 9:00 a.m. ET
ARLINGTON, Va. , Oct. 1, 2024 /PRNewswire/ -- The AES Corporation (NYSE: AES) will host a conference call on Friday, November 1, 2024 at 9:00 a.m.
AES: Undervalued With Underappreciated Growth Prospects
The Utilities sector has surged in 2024, driven by impending interest rate cuts and late-cycle business dynamics. The AES Corporation may be as much as 15–20% undervalued while also offering a 3.59% d...
AES Announces Strategic Partnership with CDPQ to Support AES Ohio's Robust Growth Plans
ARLINGTON, Va. and MONTRÉAL, Sept.
These Are The Last 2 Cheap Utility Dividends
If you've been watching utility stocks over the last few months, you might think our chance to buy these big dividends is history.
The AES Corporation (AES) Q2 2024 Earnings Call Transcript
The AES Corporation (NYSE:AES) Q2 2024 Earnings Conference Call August 2, 2024 10:00 AM ET Company Participants Susan Harcourt - Vice President of Investor Relations Andres Gluski - President and Chi...
AES Reports Record Sales with Data Center Hyperscalers
Now Expects to Achieve Upper Half of 2024 Adjusted EPS Guidance Range Strategic Accomplishments Signed 2.5 GW of new agreements, including 2.2 GW directly with data center customers Signed agreements ...
AES Launches First AI-Enabled Solar Installation Robot
"Maximo" can install solar panels in half the time and for half the cost ARLINGTON, Va. , July 30, 2024 /PRNewswire/ -- The AES Corporation (NYSE: AES) introduced "Maximo" today, a groundbreaking, AI-...
Renewable energy will grow regardless of election outcome, says AES CEO Andrés Gluski
Andrés Gluski, CEO and president of AES, joins CNBC's 'The Exchange' to discuss how the election may impact renewable energy, how renewables are powering a 're-industrialization' in the U.S., and the ...
AES: Renewable Utilities With A Continued Upside
AES has delivered a 7.12% RoR inclusive of dividends, slightly below the S&P 500, but with potential for growth and improvement. The company is a play on renewables with a growing portfolio of assets,...
AES Announces Second Quarter 2024 Financial Review Conference Call to be Held on Friday, August 2, 2024 at 10:00 a.m. ET
ARLINGTON, Va. , July 2, 2024 /PRNewswire/ -- The AES Corporation (NYSE: AES) will host a conference call on Friday, August 2, 2024 at 10:00 a.m.
AES Partners with AI Fund to Accelerate AI-Driven Energy Solutions
AES named as exclusive energy partner to develop AI-focused companies ARLINGTON, Va. , June 27, 2024 /PRNewswire/ -- The AES Corporation (NYSE: AES) today announced a strategic partnership with AI Fu...
The Investment Committee talks their utilities investing playbook
Utilities is one of the best performing sectors this year. The Committee share their top Utilities plays.
Nuclear power is 'overblown' as an energy source for data centers, power company CEO says
AES Corporation CEO Andrés Gluski said the "euphoria" over nuclear power has been a "little overblown." AES is a major power provider for large tech companies building out data centers, with more than...
Monthly Options Series: Earn A Potentially Consistent 10% Income (June 2024)
We explain why selling cash-covered puts and covered calls are relatively safe choices for earning a high income. We will discuss how to formulate a sustainable and repeatable income strategy for Opti...
Hedge funds cut stakes in Magnificent Seven to invest in broader AI boom
Hedge funds started cutting their stakes in the Magnificent Seven in the first quarter of 2024 and investing in broader artificial intelligence stocks instead, a new Goldman Sachs analysis shows.
These 3 Utilities Stocks With Over 3% Dividend Yields Are Recommended By Wall Street's Most Accurate Analysts - AES (NYSE:AES)
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high...
AES Announces Pricing of $950,000,000 Million Fixed-to-Fixed Rate Reset Junior Subordinated Green Notes in Public Offering
ARLINGTON, Va. , May 16, 2024 /PRNewswire/ -- The AES Corporation (NYSE: AES) ("AES" or the "Company") announced today the pricing of $950,000,000 million aggregate principal amount of its 7.600% fixe...