82.56 0.00 (0.00%)
After hours: 6:50PM EDT
|Bid||80.58 x 1400|
|Ask||82.59 x 800|
|Day's Range||82.08 - 83.44|
|52 Week Range||62.71 - 84.27|
|Beta (3Y Monthly)||0.26|
|PE Ratio (TTM)||21.17|
|Earnings Date||Apr 24, 2019 - Apr 29, 2019|
|Forward Dividend & Yield||2.68 (3.21%)|
|1y Target Est||82.56|
AEP, EXC, and Other Utilities: Analysts’ Views and Price Targets(Continued from Prior Part)Total returns In this series, we’ve discussed analysts’ views on and price targets for some of the top utilities. Let’s see how these utilities have
[Editor's note: This story was originally published in September 2018. It has since been updated and republished.]Utility stocks were supposed to be yesterday's favorite investment. The theory regarding utility stocks was simple: Robust economic growth coupled with a full labor market was supposed to spark rising inflation. The Fed was supposed to fight rising inflation with rate hikes. Fixed income yields were supposed to rise. Utility stocks, which were long viewed as bond substitutes in an era of ultra-low interest rates, were supposed to fall.But that theory hasn't fully materialized into reality.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThe result? Utility stocks haven't lost their shine. With inflation relatively contained and investors ducking into safety, stocks in utilities are still attractive assets to own for yield hunters. That is why after a big drop to start 2018 amid a soaring 10-Year yield, the Utilities Select Sector SPDR ETF (NYSEARCA:XLU) finished 2018 up 0.5% compared to the S&P 500's 6.2% loss.If the markets continue rising during the rest of 2019, can utility stocks continue their run of luck? Probably. Inflation isn't soaring higher because technology giants are suppressing inflationary pressures (just think about the downward pressure Amazon (NASDAQ:AMZN) is putting on all consumer goods prices). This trend won't reverse any time soon, and thus, inflationary pressures should remain subdued for the foreseeable future. With those forces subdued, utility stocks have room to rally. * 7 Small-Cap Stocks That Make the Grade With that said, what are the best utility stocks to buy for your portfolio? Here's a list of five stocks that I think are worth a look: American Electric Power (AEP)Considered one of the industry's heavyweights, American Electric Power (NYSE:AEP) is a massive electric utility company that delivers electricity to more than 5 million customers across eleven states.The business right now is doing pretty well. Robust economic strength in the company's core markets has boosted the business. Overall, sales and earnings are both trending higher at a healthy rate. Sempra Energy (SRE)Another one of the industry's heavyweights is Sempra Energy (NYSE:SRE), the multi-faceted energy company that provides energy services to more than 40 million customers globally across Southern California, Texas, Chile and Peru.Sempra's business is doing well. Both revenues and earnings are trending higher amid a favorable economic backdrop. Plus, the company is continuing its energy diversification efforts by expanding its liquid natural gas (LNG) business, something which the company feels can help fuel sustainable long-term growth. * 7 Small-Cap Stocks That Make the Grade The dividend yield on SRE stock sits right around 3.11%. That isn't great, but that is higher than where the yield has been over the past several years (largely below 3%). Duke Energy (DUK)Next up is electric power and gas utility giant Duke Energy (NYSE:DUK). Much like the other names on this list, Duke's operations are stable and healthy.Mostly thanks to favorable weather and strengthening economic conditions, Duke's revenues and earnings have been trending consistently higher at a slow and stable rate. This level of growth should persist for the next several years as economic conditions remain solid.On the yield side of things, DUK stock has a 4.1% dividend yield, which is one of the more attractive yields in this space. . American Water Works Company (AWK)Although electricity and power are very important utilities, another utility of equal importance is water, and that is where American Water Works Company (NYSE:AWK) comes into the picture.American Water provides waters services to 15 million people across 46 states and Canada. That makes American Water the largest and most diverse publicly traded water company. Moreover, American Water is planning on spending a whole bunch of money over the next several years to modernize water distribution infrastructure, an investment that will likely lead to rate hike approvals and robust long-term earnings growth. * 7 Small-Cap Stocks That Make the Grade AWK stock has a dividend yield of 1.7%. That isn't great. But, what the company lacks in dividend yield, it makes up for in earnings growth, which should be able to run around 10%-per-year for the next several years. That combination of healthy earnings growth and stable yield should make AWK stock a winning investment. NextEra Energy (NEE)Perhaps the utility stock with the most long-term earnings-growth potential on this list is NextEra Energy (NYSE:NEE). That is because not only does NextEra operate a massive utility business like the other utility players on this list, but the company is also a leading player in renewable energy and battery storage.Over the past decade, this company has grown earnings and dividends at an 8%-per-year clip, and that robust growth should continue so long as the company's renewable business continues to scale.The one thing to be worried about when it comes to NEE stock is that the dividend yield is at 2.6%, which is a five-year low. But, earnings growth is robust, and it is large enough to compensate for a historically low dividend yield.As of this writing, Luke Lango was long AMZN and AWK. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 5 of the Best Stocks to Buy Under $10 * 7 Single-Digit P/E Stocks With Massive Upside * 7 Best Quantum Computing Stocks Trading Today Compare Brokers The post 5 Utility Stocks to Buy for an Extra Durable Portfolio appeared first on InvestorPlace.
Utilities: Leaders and Laggards Last WeekUtilities at an all-time high Broader markets moved higher on the China-US trade front and rose 2.5% last week. Utilities rose more than 1% for the week ending March 15. Utility stocks have been strong
AEP, EXC, and Other Utilities: Analysts’ Views and Price Targets(Continued from Prior Part)American Electric Power CompanyAmerican Electric Power Company (AEP) stock has a median target price of $82.44 compared to its current market price of
COLUMBUS, Ohio, March 14, 2019 /PRNewswire/ -- American Electric Power (AEP) today announced that it has priced its offering of 14 million equity units or $700 million stated amount. Each equity unit will be issued in a stated amount of $50 and will consist of a contract to purchase AEP common stock in 2022 and a 1/20 undivided beneficial ownership interest in an AEP junior subordinated debenture due 2024 to be issued in the principal amount of $1,000. Total annual distributions on the equity units will be at the rate of 6.125 percent, consisting of interest on the junior subordinated debentures and payments under the stock purchase contracts.
- Offering addresses planned equity needs in connection with the company's existing capital expenditure plan through 2021, exclusive of the dividend reinvestment plan COLUMBUS, Ohio , March 13, 2019 /PRNewswire/ ...
American Electric Power Company Inc NYSE:AEPView full report here! Summary * Perception of the company's creditworthiness is positive * Bearish sentiment is low * Economic output in this company's sector is contracting Bearish sentimentShort interest | PositiveShort interest is extremely low for AEP with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting AEP. Money flowETF/Index ownership | NeutralETF activity is neutral. ETFs that hold AEP had net inflows of $4.73 billion over the last one-month. While these are not among the highest inflows of the last year, the rate of inflow is increasing. Economic sentimentPMI by IHS MarkitThere is no PMI sector data available for this security. Credit worthinessCredit default swap | PositiveThe current level displays a positive indicator. AEP credit default swap spreads are near the lowest level of the last one year and indicate improvement in the market's perception of the company's credit worthiness.Please send all inquiries related to the report to email@example.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Today we are going to look at American Electric Power Company, Inc. (NYSE:AEP) to see whether it might be an attractive investment prospect. Specifically, we'll consider its Return On CapitalRead More...
Moody's Investors Service ("Moody's") affirmed the Baa1 Issuer Rating of Electric Transmission Texas, LLC (ETT) and revised the outlook to negative following our review of the company's updated financial plan. The negative outlook is driven by ETT's recently updated financing projections, which incorporates a higher level of capital spending and more leverage than our prior expectations. While we had previously anticipated ETT's 2017 rate settlement and the impact of federal tax reform would lead to a near-term decline in cash flow, we also expected the company's formula based rate plan would allow credit metrics to quickly recover to levels supportive of the current rating.
How Utilities Performed Last Week(Continued from Prior Part)Moving averages The Utilities Select Sector SPDR ETF (XLU) is currently trading at $57.55, almost 6% above its 50-day and 7% above its 200-day moving average levels. The fair premium to both
COLUMBUS, Ohio , March 7, 2019 /PRNewswire/ -- American Electric Power (NYSE: AEP) today announced that Thomas L. Kirkpatrick , currently vice president, Distribution Asset Management and Support Services, ...
Announcement: Moody's announces completion of a periodic review of ratings of Buckeye Power, Inc. New York, March 06, 2019 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Buckeye Power, Inc. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.
Utilities Recap: The Big Gains and Losses Last Week(Continued from Prior Part)Analyst price targets Let’s take a look at utility stocks that received a price target raise last week. We’ll look at Exelon (EXC) first. Analysts’ price target of
NextEra Energy's (NEE) focus on renewable energy is likely to lower the company's carbon emission by more than 65% in 2021 from 2001 levels.
Utilities Recap: The Big Gains and Losses Last Week(Continued from Prior Part)Valuation FirstEnergy (FE) stock looks to be trading at an attractive valuation, considering its lower valuation multiple against its historical average and peers’
Utilities Recap: The Big Gains and Losses Last Week(Continued from Prior Part)Institutional investorsIn this part of our series, we’ll discuss the institutional ownership in the top utility stocks during the fourth quarter. According to a recent
Algonquin Power & Utilities (AQN) surpasses Q4 earnings and revenue estimates, courtesy of strong growth across businesses, both domestically and internationally.
PG&E Corporation (PCG) has incurred a total of $14 billion in pre-tax charges related to the 2018 Camp Fire and the 2017 Northern California wildfires to date.
NEW YORK, Feb. 28, 2019 -- In new independent research reports released early this morning, Capital Review released its latest key findings for all current investors, traders,.