76.13 0.00 (0.00%)
After hours: 4:28PM EST
|Bid||0.00 x 900|
|Ask||0.00 x 3200|
|Day's Range||75.96 - 76.77|
|52 Week Range||62.71 - 78.07|
|Beta (3Y Monthly)||-0.11|
|PE Ratio (TTM)||19.47|
|Forward Dividend & Yield||2.68 (3.56%)|
|1y Target Est||N/A|
What if Jerome Powell is doing his job and inflation is calming down? What if President Trump's tariffs are succeeding and business is slowing, perhaps dramatically, in China? Instead of thinking about what horrendous things can come of the tightenings that the Fed has given us and the next tariffs that President Trump will slap on China, we need to think about outcomes.
UGI Corporation's (UGI) earnings and revenues beat estimates in the fiscal fourth quarter, driven by solid segmental volume growth.
In this part, we’ll discuss the top utilities’ (XLU) target prices and analysts’ views. Top utility stock NextEra Energy (NEE) has an estimated upside of ~3% based on its median target price of $181.47 and its current price of $176.56. Morgan Stanley raised NextEra Energy’s target from $184.0 to $185.0 on November 9.
Among planned expenditures, $2.7 billion in new renewable generation, including approximately $2.2 billion for competitive, contracted renewable projects; $16.6 billion in transmission; and $8.3 billion in distribution.
Let’s take a look the biggest utilities’ total returns in 2018. So far, utilities at large have returned (including dividends) 7% in 2018, while broader markets have returned a little more than 5%. Utilities (XLU) generally offer higher dividend yields compared to broader markets.
On approval, the latest rate hike is expected to contribute $59 million to Duke Energy's (DUK) top line and support this utility provider in duly achieving its investment goals
With gridlock in Washington largely assured and President Donald Trump still talking optimistically about dealmaking, investors liked what they heard and saw on Wednesday morning. General Electric (NYSE:GE), conversely, lost 2.1% of its value largely because there are just so many other better stocks to bet on right now. Shares of television and film name CBS have been losing ground for a couple years, with most investors assuming it wasn’t going to be able to compete with bigger, more diversified rivals in an environment that favors streaming players more anyway.
On the 10 December 2018, American Electric Power Company Inc (NYSE:AEP) will be paying shareholders an upcoming dividend amount of US$0.67 per share. However, investors must have bought the company’s Read More...
Akins said AEP has a solid plan to grow earnings 5% to 7% for the foreseeable future, and their 8.1% dividend increase is a sign of confidence in their business. Akins said that this quarter they did see some slowing in the growth of residential and commercial applications. Akins said he doesn't see a return to coal-based power plants.
CNBC's Jim Cramer details how big advertisers are key to the social media company’s revival. The "Mad Money" host also hears from the CEOs of Wingstop, Clorox and American Electric Power. In the lightning round, Cramer says it's OK to start nibbling at an e-commerce-related stock.
The Zacks Analyst Blog Highlights: National Fuel Gas, Dominion Energy, American Electric Power, WEC Energy Group and Exelon
Top utility stock NextEra Energy (NEE) has an estimated upside of ~6% based on its median target price of $180.40 and its current price of $169.90. Credit Suisse raised NEE’s price target from $185 to $186 on October 24.
AEP Ohio’s president is getting promoted and there will be a new leader for the Ohio utility. Julie Sloat, president and COO of the utility, has been named senior vice president of treasury and risk for parent AEP Corp., and will oversee several key corporate finance positions within the Columbus-based company. Lonni Dieck, currently senior vice president and treasurer, is retiring from the company. Raja Sundararajan has been named president and COO, and will oversee all aspects of electric service for the utility, which serves $1.5 million customers.
There is a lot to be liked about American Electric Power Company Inc (NYSE:AEP) as an income stock. It has paid dividends over the past 10 years. The stock currently Read More...
The nation’s largest 3,000 public companies suffered a net loss of $2.1 trillion between Sept. 30 and Oct. 24, according to a Business Journals analysis of Bloomberg data.
Recently, FirstEnergy (FE) transformed to a pure-play regulated utility. The company reported its third-quarter results on October 25 after the markets closed. FirstEnergy reported an EPS of $0.80 for the quarter ending on September 30 and beat analysts’ estimates by $0.09. During the same period last year, the company reported an EPS of $0.97. However, the earnings during these two periods might not be comparable. FirstEnergy’s competitive subsidiaries declared bankruptcy and were deconsolidated on March 31.