FPL Group (NEE) -HIGHEST Forward Earnings Yield of ALL Electric Utilities:
Below are the three companies in the Electric Utilities industry with the highest forward earnings yields. Using projected earnings for the current fiscal year, the forward earnings yield is useful to compare a stock's return vs. owning a similar stock or other yield assets (e.g. bonds). Generally, the higher the earnings yield, the more undervalued the stock.FPL Group (NYSE:FPL) is highest with forward earnings yield of 9.7%. FPL Group, Inc. is a holding company. The Company, through its subsidiaries, generates, transmits, distributes, and sells electric energy utilizing natural gas, wind and nuclear resources.