The AES Corporation (AES)
| Market Cap | 12.89B |
| Revenue (ttm) | 12.76B |
| Net Income (ttm) | -560.00M |
| Shares Out | 669.63M |
| EPS (ttm) | -0.85 |
| PE Ratio | n/a |
| Forward PE | 9.49 |
| Dividend | $0.69 (3.58%) |
| Ex-Dividend Date | Jan 31, 2024 |
| Volume | 3,043,654 |
| Open | 19.18 |
| Previous Close | 19.35 |
| Day's Range | 19.14 - 19.41 |
| 52-Week Range | 11.43 - 29.11 |
| Beta | 1.08 |
| Analysts | Buy |
| Price Target | 23.00 (+19.48%) |
| Earnings Date | Feb 26, 2024 |
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... [Read more]
Financial Performance
In 2022, AES's revenue was $12.62 billion, an increase of 13.25% compared to the previous year's $11.14 billion. Losses were -$546.00 million, 33.5% more than in 2021.
Financial StatementsAnalyst Forecast
According to 6 analysts, the average rating for AES stock is "Buy." The 12-month stock price forecast is $23.0, which is an increase of 19.48% from the latest price.
News
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 ...
$7 Billion in Clean Hydrogen Grants: Winners and Losers
The US Department of Energy finally decided who would get a piece of the $7 billion Federal funding for green hydrogen, and the news may surprise you. The funding is intended to build green hydrogen i...
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 Announces Quarterly Dividend
ARLINGTON, Va. , Oct. 6, 2023 /PRNewswire/ -- The Board of Directors of The AES Corporation (NYSE: AES) declared a quarterly common stock dividend of $0.1659 per share payable on November 15, 2023 to ...
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...
AES Announces Second Quarter 2023 Financial Review Conference Call to be Held on Friday, August 4, 2023 at 10:00 a.m. ET
ARLINGTON, Va. , July 5, 2023 /PRNewswire/ -- The AES Corporation (NYSE: AES) will host a conference call on Friday, August 4, 2023 at 10:00 a.m.
AES Appoints Gerard M. Anderson to Board of Directors
ARLINGTON, Va. , June 20, 2023 /PRNewswire/ -- The AES Corporation (NYSE: AES) today announced the appointment of Gerard M.
DCLA's Sarat Sethi reveals the best undervalued stocks to buy right now
Sarat Sethi, DCLA managing partner and portfolio manager, joins 'Squawk Box' to discuss the latest market trends, his top undervalued stock picks, and more.
AES and LineVision Partner on Grid Enhancing Technologies Study
AES will test LineVision's Dynamic Line Rating technology to increase transmission capacity ARLINGTON, Va. , June 8, 2023 /PRNewswire/ -- The AES Corporation (NYSE: AES) and LineVision, Inc., today an...
AES Acquires Largest Permitted Solar-Plus-Storage Project in the United States
Strengthens Position as a Leader in Providing Renewable Energy to Corporate Customers ARLINGTON, Va. , June 7, 2023 /PRNewswire/ -- The AES Corporation (NYSE: AES) today announced the acquisition of t...
AES Commences Operation of First Phase of Chevelon Butte Wind Farm
Largest Wind Project in Arizona to Generate 238 MW of Clean Energy in Phase One ARLINGTON, Va. , June 1, 2023 /PRNewswire/ -- The AES Corporation (NYSE: AES) today announced the start of commercial op...
AES Announces Pricing of $900 Million of Senior Notes in Public Offering
ARLINGTON, Va. , May 15, 2023 /PRNewswire/ -- The AES Corporation (NYSE: AES) ("AES" or the "Company") announced today the pricing of $900 million aggregate principal amount of its 5.450% senior notes...