AES Stock: Oversold For Utility With Dividend And Growth
The Trump Trade has caused a significant selloff of AES Corp., ignoring its strong fundamentals and creating a buying opportunity. Despite potential loss of renewable energy tax credits, AES' diverse income sources and strategic shift to renewables offer substantial upside. AES' stable dividend yield of 5.21% and large investments in renewable projects backed by long-term PPAs ensure future growth.
Green energy sell-off on Trump win 'is a buying opportunity'
A dip in renewable energy stocks on the back of Donald Trump winning the SU presidential is a buying opportunity for investors. That is the suggestion from Nigel Green, CEO of financial advisor deVere Group.
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 largely unregulated and international, posing currency risks and making them more volatile compared to U.S.-focused utilities like WEC, DUK, and SO. The company's significant investments in alternative energy are promising but risky, also given its history of asset impairments and sub-par return on invested capital.
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 - EVP and CFO Susan Harcourt - VP, IR Conference Call Participants Nicholas Campanella - Barclays David Arcaro - Morgan Stanley Durgesh Chopra - Evercore ISI Julien Dumoulin-Smith - Jefferies Angie Storozynski - Seaport Michael Sullivan - Wolfe Research Ryan Levine - Citi Richard Sunderland - JPMorgan Operator Good morning. Thank you for attending today's AES Corporation Third Quarter 2024 Financial Review Call.
AES Q3 Earnings Beat Estimates, Revenues Decline Y/Y
AES' third-quarter earnings beat the Zacks Consensus Estimate by 18.3%. However, its revenues miss the consensus estimate by 9.3%.
AES (AES) Q3 Earnings Top Estimates
AES (AES) came out with quarterly earnings of $0.71 per share, beating the Zacks Consensus Estimate of $0.60 per share. This compares to earnings of $0.60 per share a year ago.
AES (AES) Expected to Beat Earnings Estimates: What to Know Ahead of Q3 Release
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.
Will AES (AES) Beat Estimates Again in Its Next Earnings Report?
AES (AES) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Why AES (AES) is a Top Dividend Stock for Your Portfolio
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?
Clean Energy Giant AES Moves Higher On AI-Fueled Data-Center Demand
AES stands as a leader in clean energy. It is the world's top provider of battery-based energy storage.
AES (AES) is a Top Dividend Stock Right Now: Should You Buy?
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?
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% dividend yield. Its valuation metrics compare favorably to those of larger peers like NextEra Energy and Vistra. AES's aggressive shift to renewables and diverse revenue streams peers position it well for long-term growth, and this is supported by a growing project backlog.
