Ameren Guides $5.25–5.45 EPS and Plans $31.8 B Infrastructure Spend
Ameren shares have risen 6.12% over the past month, 11.68% year-to-date and 14.80% over the last year, supported by 2025 operating cash flow of $3.353 billion. The Missouri and Illinois utility guided 2026 EPS of $5.25–5.45 and targets 6–8% EPS CAGR through 2030 backed by a $31.8 billion infrastructure plan.
1. Share Performance and Cash Flow
Over the past month Ameren shares have climbed 6.12%, extending its 11.68% year-to-date and 14.80% twelve-month gain. The Missouri and Illinois regulated utility generated $3.353 billion in operating cash flow for full-year 2025, reflecting stable regulated operations.
2. 2026 Guidance and Long-Term Targets
For 2026 Ameren projects EPS of $5.25 to $5.45 and is targeting a 6% to 8% compound annual EPS growth rate through 2030. This outlook is underpinned by a $31.8 billion infrastructure investment plan focused on grid modernization and capacity expansion.
3. Dividend Record and Growth Drivers
Ameren has increased its quarterly dividend from $0.55 in 2021 to $0.71 in 2025 without interruption, supporting a low beta of 0.531. Rising demand for grid expansion from AI data centers provides an additional growth tailwind that aligns the utility with technology-driven capacity needs.