The AES Corporation (AES)
| Market Cap | 12.23B |
| Revenue (ttm) | 12.67B |
| Net Income (ttm) | 249.00M |
| Shares Out | 710.81M |
| EPS (ttm) | 0.35 |
| PE Ratio | 49.17 |
| Forward PE | 8.87 |
| Dividend | $0.69 (4.01%) |
| Ex-Dividend Date | Apr 30, 2024 |
| Volume | 4,683,296 |
| Open | 17.24 |
| Previous Close | 17.13 |
| Day's Range | 17.13 - 17.47 |
| 52-Week Range | 11.43 - 23.76 |
| Beta | 1.09 |
| Analysts | Buy |
| Price Target | 21.14 (+22.84%) |
| Earnings Date | May 2, 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 7 analysts, the average rating for AES stock is "Buy." The 12-month stock price forecast is $21.14, which is an increase of 22.84% from the latest price.
News
AES Announces First Quarter 2024 Financial Review Conference Call to be Held on Friday, May 3, 2024 at 10:00 a.m. ET
ARLINGTON, Va. , April 3, 2024 /PRNewswire/ -- The AES Corporation (NYSE: AES) will host a conference call on Friday, May 3, 2024 at 10:00 a.m.
AES Reports Record Performance in 2023 & Raises Long-Term Guidance
Strategic Accomplishments Signed new contracts for 5.6 GW of renewables in full year 2023, marking the third year in a row of adding 5 GW or more to the backlog Completed construction of 3.5 GW of ren...
AES Announces Quarterly Dividend
ARLINGTON, Va. , Feb. 23, 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 May 15, 2024 to shar...
AES Announces Result of Final Remarketing of Series A Cumulative Perpetual Convertible Preferred Stock Relating to 2021 Equity Units Offering and Settlement Rate for Purchase Contract Component of 2021 Equity Units Offering
ARLINGTON, Va. , Feb. 14, 2024 /PRNewswire/ -- The AES Corporation (NYSE: AES) ("AES" or the "Company") announced today the unsuccessful final remarketing of its 0% Series A Cumulative Perpetual Conve...
AES Announces Fourth Quarter & Full Year 2023 Financial Review Conference Call to be Held on Tuesday, February 27, 2024 at 10:00 a.m. ET
ARLINGTON, Va. , Jan. 26, 2024 /PRNewswire/ -- The AES Corporation (NYSE: AES) will host a conference call on Tuesday, February 27, 2024 at 10:00 a.m.
AES Announces Final Remarketing Period for its 0% Series A Cumulative Perpetual Convertible Preferred Stock Relating to its 2021 Equity Units Offering
ARLINGTON, Va. , Jan. 19, 2024 /PRNewswire/ -- The AES Corporation (NYSE: AES) ("AES" or the "Company") announced today the period beginning on February 7, 2024 and ending on February 13, 2024 as the ...
AES Completes Construction of 3.5 GW of Renewables in 2023
Construction Milestone Marks the Largest Renewables Capacity Addition by AES in a Single Year ARLINGTON, Va. , Jan. 18, 2024 /PRNewswire/ -- The AES Corporation (NYSE: AES) announced the completion of...
AES to Host Webcast to Discuss Data Centers and Demand for Renewable Energy on Thursday, January 18, 2024 at 2:00 p.m. ET
ARLINGTON, Va. , Jan. 11, 2024 /PRNewswire/ -- The AES Corporation (NYSE: AES) will host a webcast to discuss data centers and demand for renewable energy on Thursday, January 18, 2024 from 2:00 p.m.
HASI Invests in 605 MW Renewables Portfolio Owned and Operated by AES
ANNAPOLIS, Md.--(BUSINESS WIRE)--HASI (NYSE: HASI), a leading investor in climate solutions, today announced an investment in a portfolio of renewable energy assets developed, owned and operated by Th...
AES Announces Closing of Previously Announced and New Minority Sell-Downs of LNG Businesses in the Dominican Republic and Panama
Raising $338 Million of Asset Sale Proceeds ARLINGTON, Va. , Dec. 21, 2023 /PRNewswire/ -- The AES Corporation (NYSE: AES) announced today that it has closed minority sell-downs of its businesses in t...
AES Announces 4% Increase in Quarterly Dividend
ARLINGTON, Va. , Dec. 8, 2023 /PRNewswire/ -- The Board of Directors of The AES Corporation (NYSE: AES) approved an increase of 4% in the Company's quarterly common stock dividend, from $0.1659 per sh...
AES Announces Sale of Mong Duong 2 Plant in Vietnam in Next Decarbonization Milestone
ARLINGTON, Va. , Nov. 30, 2023 /PRNewswire/ -- The AES Corporation (NYSE: AES) announced it has reached an agreement with Se.ven Global Investments to sell its 51% equity stake in the Mong Duong 2 coa...
Exclusive: AES in talks to sell major coal-fired power plant in Vietnam - sources
U.S. energy firm AES Corp. is in talks to sell its majority stake in one of Vietnam's largest coal-fired power plants, two people familiar with the discussions said, as part of its global strategy to ...
AES beats Q3 profit estimates on higher power and renewables demand
Power company AES beat estimates for third-quarter profit on Thursday, on high electricity demand and strong earnings from its renewables segment.
AES Expects Full Year 2023 Adjusted EPS to be in the Top Half of Guidance Range of $1.65 to $1.75
Remains on Track to Deliver on Strategic and Financial Objectives Strategic Accomplishments Signed new contracts for 3.7 GW of renewables in year-to-date 2023 On track to complete construction of 3.5 ...
AES Participating in Two Clean Hydrogen Hubs Awarded Funding by US Department of Energy
Up to $2.4 Billion Will Support the Development and Scaling of Clean Hydrogen Infrastructure in California and Along the Gulf Coast ARLINGTON, Va. , Oct. 13, 2023 /PRNewswire/ -- The AES Corporation ...
AES Stock Is the Worst Performer in the S&P 500
UBS analyst Gregg Orrill downgrades shares of AES to Neutral from Buy, citing the effect of higher interest rates on new business at the utility.
AES Announces Third Quarter 2023 Financial Review Conference Call to be Held on Friday, November 3, 2023 at 10:00 a.m. ET
ARLINGTON, Va. , Oct. 3, 2023 /PRNewswire/ -- The AES Corporation (NYSE: AES) will host a conference call on Friday, November 3, 2023 at 10:00 a.m.
These 10 stocks in the S&P 500 are expected to soar after rising interest rates have pushed down valuations
Two things investors can be sure about: Nothing lasts forever and the stock market always overreacts. The spiking of yields on long-term U.S. Treasury securities has been breathtaking, and it has led ...
AES Announces Minority Sell-Downs of LNG Businesses in the Dominican Republic and Panama
With Transactions, AES Secures All Planned External Funding for 2023 ARLINGTON, Va. , Sept. 26, 2023 /PRNewswire/ -- The AES Corporation (NYSE: AES) announced today that it has agreed to minority sell...
AES President and CEO to Present at Wolfe Research Utilities, Midstream & Clean Energy Conference 2023
ARLINGTON, Va. , Sept. 20, 2023 /PRNewswire/ -- The AES Corporation's (NYSE: AES) President and Chief Executive Officer, Andrés Gluski, will present at the Wolfe Research Utilities, Midstream & Clean ...
Top 3 Utilities Stocks That May Explode This Quarter - Middlesex Water (NASDAQ:MSEX), AES (NYSE:AES)
The most oversold stocks in the utilities sector presents an opportunity to buy into undervalued companies.
Utility firm AES misses quarterly profit estimates on higher costs
Utility firm AES on Thursday missed second-quarter profit estimates due to higher costs and lower sales in the energy infrastructure strategic business unit.
AES Reports Strong Execution on Strategic Priorities
Reaffirms 2023 Guidance and Annualized Growth Rate Targets for All Metrics Strategic Accomplishments Signed new long-term contracts for 2.2 GW of renewables in year-to-date 2023 On track to complete c...