The AES Corporation (AES)

NYSE: AES · IEX Real-Time Price · USD
23.06 -0.21 (-0.90%)
Jan 14, 2022 4:00 PM EST - Market closed
Market Cap15.37B
Revenue (ttm)10.93B
Net Income (ttm)541.00M
Shares Out666.71M
EPS (ttm)0.78
PE Ratio29.72
Forward PE14.71
Dividend$0.60 (2.61%)
Ex-Dividend DateJan 31, 2022
Volume4,467,661
Open23.18
Previous Close23.27
Day's Range22.83 - 23.25
52-Week Range22.60 - 29.07
Beta0.81
AnalystsBuy
Price Target30.55 (+32.5%)
Earnings DateNov 4, 2021

About AES

The AES Corporation operates as a diversified power generation and utility company. It owns and/or operates power plants to generate and sell power to customers, such as utilities, industrial users, and other intermediaries. The company also 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. It uses a range of fuels and technologies to generate el...

IndustryIndependent Power and Renewable Electricity Producers
IPO DateJun 25, 1991
CEOAndres Gluski
Employees8,162
Stock ExchangeNYSE
Ticker SymbolAES
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 12 analysts, the average rating for AES stock is "Buy." The 12-month stock price forecast is 30.55, which is an increase of 32.48% from the latest price.

Price Target
$30.55
(32.48% upside)
Analyst Consensus: Buy

News

AES Increases its Ownership of AES Andes to 98.13%

ARLINGTON, Va., Jan. 10, 2022 /PRNewswire/ -- The AES Corporation (NYSE: AES) today announced the positive results of the tender offer by AES' wholly-owned Chilean subsidiary, Inversiones Cachagua SpA, ...

6 days ago - PRNewsWire

AES Corp (AES) Boosts Renewables Portfolio, Buys Commune Energy

The AES Corp (AES) acquires Community Energy Solar, which is likely to expand its renewables portfolio.

3 weeks ago - Zacks Investment Research

AES Acquires US Renewables Developer Community Energy Adding 10 GW of Renewable Projects to Growth Pipeline

ARLINGTON, Va., Dec. 20, 2021 /PRNewswire/ -- The AES Corporation (NYSE: AES) today announced the acquisition of leading US solar developer, Community Energy Solar, LLC (Community Energy).

3 weeks ago - PRNewsWire

12 Best Utility Stocks to Buy for 2022

Income investors like utility stocks for their stability and generous dividends. Here are 12 top-rated ones to watch in the new year.

1 month ago - Kiplinger

AES Completes Acquisition of 612 MW-Wind Energy Portfolio

AES completes the acquisition of Valcour Wind Energy, a portfolio of six wind farms based in New York. This should boost the company's position in New York's renewables market

1 month ago - Zacks Investment Research

AES Completes Purchase of Wind Generation Portfolio from Carlyle in the State of New York

ARLINGTON, Va., Dec. 7, 2021 /PRNewswire/ -- The AES Corporation (NYSE: AES) today announced the completion of the purchase of Valcour Wind Energy (Valcour) from global investment firm Carlyle (NASDAQ: ...

Other symbols:CG
1 month ago - PRNewsWire

AES Management Rewards Shareholders With 5% Dividend Hike

AES board of directors has approved a 5% dividend hike, thereby taking the new annualized payout to 63.20 cents per share. The company has been paying out dividends since 2012.

1 month ago - Zacks Investment Research

AES Announces 5% Increase in Quarterly Dividend

ARLINGTON, Va., Dec. 3, 2021 /PRNewswire/ -- The Board of Directors of The AES Corporation (NYSE: AES) approved an increase of 5% in the Company's quarterly common stock dividend, from $0.1505 per share...

1 month ago - PRNewsWire

Why Is AES (AES) Down 4.1% Since Last Earnings Report?

AES (AES) reported earnings 30 days ago. What's next for the stock?

1 month ago - Zacks Investment Research

AES Surpasses Q3 Earnings Estimates, Revenues Increase Y/Y

AES reports revenues of $3,036 million for the third quarter, which increase 19.3% year over year and beat the Zacks Consensus Estimate by 21.6%.

2 months ago - Zacks Investment Research

AES (AES) Surpasses Q3 Earnings and Revenue Estimates

AES (AES) delivered earnings and revenue surprises of 11.11% and 21.63%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

2 months ago - Zacks Investment Research

AES Reaffirms 7% to 9% Annualized Growth Target Through 2025; Now Expects to Sign 5 GW of Renewables Under Long-Term ...

ARLINGTON, Va., Nov. 3, 2021 /PRNewswire/ --  Strategic Accomplishments Signed 4 GW of new PPAs for renewable energy projects in year-to-date 2021, increasing the backlog to 9.2 GW Based on year-to-date...

2 months ago - PRNewsWire

Utility Stock Q3 Earnings to Watch on Nov 4: DUK, SO & More

Total Q3 earnings of Utility stocks are expected to remain flat year over year on 6.3% higher revenues.

Other symbols:CNPDUKEDLNTNRGPPLSO
2 months ago - Zacks Investment Research

AES Corporation (AES) to Post Q3 Earnings: What's in Store?

AES Corporation (AES) Q3 results are likely to reflect positive impacts of cost-saving initiatives and revenue growth from AES Colon.

2 months ago - Zacks Investment Research

AES (AES) Earnings Expected to Grow: Should You Buy?

AES (AES) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

2 months ago - Zacks Investment Research

AES' Energy Storage Joint Venture, Fluence Energy, Achieves Historic Milestone with Initial Public Offering

ARLINGTON, Va., Oct. 28, 2021 /PRNewswire/ -- On October 27, 2021, Fluence Energy, Inc. ("Fluence") announced the pricing of its initial public offering of Class A common stock, which valued Fluence at ...

2 months ago - PRNewsWire

AES Ohio commemorates completion of the Smart Operations Center

DAYTON, Ohio, Oct. 26, 2021 /PRNewswire/ -- Leaders of AES Ohio, a subsidiary of The AES Corporation (NYSE: AES), joined state and local officials in a ribbon cutting ceremony to commemorate completion ...

2 months ago - PRNewsWire

Are You Looking for a High-Growth Dividend Stock? AES (AES) Could Be a Great Choice

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does AES (AES) have what it takes?

3 months ago - Zacks Investment Research

AES and Google Partner to Announce Nest Renew, a New Service that Accelerates Customer Support of Clean Energy

ARLINGTON, Va., Oct. 6, 2021 /PRNewswire/ -- The AES Corporation (NYSE: AES) today announced that it is partnering with Google on Nest Renew, a new service for Nest thermostats.

3 months ago - PRNewsWire

AES Announces Third Quarter 2021 Financial Review Conference Call to be Held on Thursday, November 4, 2021 at 9:00 a....

ARLINGTON, Va., Oct. 4, 2021 /PRNewswire/ -- The AES Corporation (NYSE: AES) will host a conference call on Thursday, November 4, 2021 at 9:00 a.m.

3 months ago - PRNewsWire

This is Why AES (AES) is a Great Dividend Stock

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does AES (AES) have what it takes?

3 months ago - Zacks Investment Research

Fluence Files Registration Statement with the SEC for Proposed Initial Public Offering

ARLINGTON, Va., Sept. 28, 2021 /PRNewswire/ -- Fluence, The AES Corporation's joint venture with Siemens, a leading provider of energy storage products and services and digital applications for renewabl...

3 months ago - PRNewsWire

AES Announces CFO Transition

ARLINGTON, Va., Sept. 21, 2021 /PRNewswire/ --  The AES Corporation (NYSE: AES) announced today the appointment of Stephen Coughlin as Executive Vice President and Chief Financial Officer, effective Oct...

3 months ago - PRNewsWire

AES Acquires 49.9% Stake in AES Colon, Expands LNG Portfolio

AES Corp (AES) acquires remaining 49.9% stake in AES Colon, a 381-megawatt LNG-fired power plant and a 180,000 cubic metres LNG storage and regasification facility in Panama.

4 months ago - Zacks Investment Research

AES Announces Acquisition of 49.9% Stake in AES Colón

ARLINGTON, Va., Sept. 14, 2021 /PRNewswire/ --  The AES Corporation (NYSE: AES) today announced the acquisition of a 49.9% stake in AES Colón from Inversiones Bahia, Ltd.

4 months ago - PRNewsWire