Ameren Corporation (AEE), headquartered in Saint Louis, Missouri, is a public utility holding company that generates and delivers electricity and distributes natural gas. Valued at $21.7 billion by market cap, the company generates a net capacity of nearly 10,200 megawatts of electricity and owns more than 7,500 circuit miles of transmission lines.
Shares of this public utility holding company have underperformed the broader market considerably over the past year. AEE has gained 3.3% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 24.9%. In 2024, AEE’s stock rose 12.4%, compared to the SPX’s 16.2% rise on a YTD basis.
