Is Ameren Stock Underperforming the Dow?

Core Insights - Ameren Corporation, based in Saint Louis, Missouri, operates in the utility sector, generating and distributing electricity and natural gas, with a market capitalization of $26.6 billion [1][2] Financial Performance - Ameren's stock reached an all-time high of $106.73 on October 20, currently trading 8.4% below that peak, and has declined 1.5% over the past three months, underperforming the Dow Jones Industrial Average's 5.6% increase during the same period [3] - Year-to-date, Ameren's stock has gained 9.7% and 7.2% over the past 52 weeks, compared to the Dow's 13% and 8.6% returns respectively [4] - Following the release of better-than-expected Q3 results on November 5, Ameren's topline surged 24.2% year-over-year to $2.7 billion, with adjusted EPS increasing by 16% year-over-year to $2.17, surpassing consensus estimates [5] Market Position - Ameren has outperformed its peer, Consolidated Edison, Inc., which gained 6.9% year-to-date and only a marginal 76 basis points over the past 52 weeks [6] - Among analysts covering Ameren, the consensus rating is a "Moderate Buy," with a mean price target of $113.69, indicating a potential upside of 16.3% from current levels [6]