AES Corp (NYSE:AES) has a beta value of 0.94 and has seen 17.15 million shares traded in the last trading session. The company, currently valued at $7.45B, closed the last trade at $10.47 per share which meant it gained $0.32 on the day or 3.15% during that session. The AES stock price is -93.89% off its 52-week high price of $20.30 and 9.65% above the 52-week low of $9.46. If we look at the company’s 10-day average daily trading volume, we find that it stood at 17.28 million shares traded. The 3-month trading volume is 15.96 million shares.
The consensus among analysts is that AES Corp (AES) is Buy stock at the moment, with a recommendation rating of 2.12. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 1 out of 8 have rated it as a Hold, with 7 advising it as a Buy. 0 have rated the stock as Underweight.
AES Corp (NYSE:AES) trade information
Sporting 3.15% in the green in last session, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the AES stock price touched $10.47 or saw a rise of 8.48%. Year-to-date, AES Corp shares have moved -44.49%, while the 5-day performance has seen it change -8.64%. Over the past 30 days, the shares of AES Corp (NYSE:AES) have changed 8.72%. Short interest in the company has seen 43.73 million shares shorted with days to cover at 2.24.
Wall Street analysts have a consensus price target for the stock at $15, which means that the shares’ value could jump 30.2% from current levels. The projected low price target is $7.0 while the price target rests at a high of $15.0. In that case, then, we find that the current price level is -43.27% off the targeted high while a plunge would see the stock lose 33.14% from current levels.
AES Corp (AES) estimates and forecasts
The company’s shares have lost -16.24% over the past 6 months.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 39.18% over the past 5 years. Earnings growth for 2025 is a modest 0.46% while over the next 5 years, the company’s earnings are expected to increase by 2.79%.
AES Dividends
AES Corp is expected to release its next earnings report on 2025-May-01 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 0.70 at a share yield of 6.66%. The company’s dividend yield has gone up over the past 12 months, with a 5 Year Average Dividend Yield of 3.37%.
AES Corp (NYSE:AES)’s Major holders
Insiders own 0.46% of the company shares, while shares held by institutions stand at 91.33% with a share float percentage of 91.75%. Investors are also buoyed by the number of investors in a company, with AES Corp having a total of 939.0 institutions that hold shares in the company. The top two institutional holders are VANGUARD GROUP INC with over 92.86 million shares worth more than $1.63 billion. As of 2024-06-30, VANGUARD GROUP INC held 13.1263% of shares outstanding.
The other major institutional holder is CAPITAL INTERNATIONAL INVESTORS, with the holding of over 69.47 million shares as of 2024-06-30. The firm’s total holdings are worth over $1.22 billion and represent 9.8197% of shares outstanding.
