|Bid||0.00 x 800|
|Ask||79.90 x 800|
|Day's Range||75.66 - 76.50|
|52 Week Range||62.71 - 81.05|
|Beta (3Y Monthly)||0.09|
|PE Ratio (TTM)||19.17|
|Earnings Date||Jan 24, 2019|
|Forward Dividend & Yield||2.68 (3.59%)|
|1y Target Est||78.11|
What Could Drive NextEra Energy’s Q4 Earnings?NextEra Energy’s earningsNextEra Energy (NEE), the biggest utility by market cap, is scheduled to report its fourth-quarter and fiscal 2018 earnings on January 25. According to analysts’
NEW YORK, Jan. 18, 2019 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.
AEP (AEP) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
COLUMBUS, Ohio , Jan. 17, 2019 /PRNewswire/ -- American Electric Power (NYSE: AEP) has scheduled a quarterly earnings conference call with financial analysts at 9 a.m. EST Thursday , Jan. 24. The call ...
COLUMBUS, Ohio , Jan. 16, 2019 /PRNewswire/ -- American Electric Power (NYSE: AEP) is among 230 companies included in the 2019 Bloomberg Gender-Equality Index (GEI), which recognizes companies who are ...
COLUMBUS, Ohio, Jan. 15, 2019 /PRNewswire/ -- American Electric Power (AEP) has been named to Forbes magazine's America's Best Employers for Diversity 2019 list. The list was developed based on an independent survey from a sample of more than 50,000 U.S.-based employees. The survey was administered in a series of online panels and provide a representative sample of the nation's workforce.
# American Electric Power Company Inc ### NYSE:AEP View full report here! ## Summary * Perception of the company's creditworthiness is negative * Bearish sentiment is low * Economic output in this company's sector is contracting ## Bearish sentiment Short interest | Positive Short 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 flow ETF/Index ownership | Neutral ETF activity is neutral. The net inflows of $12.79 billion over the last one-month into ETFs that hold AEP are not among the highest of the last year and have been slowing. ## Economic sentiment PMI by IHS Markit There is no PMI sector data available for this security. ## Credit worthiness Credit default swap | Negative The current level displays a negative indicator. AEP credit default swap spreads are near their highest levels for the past 1 year, which indicates the market's more negative perception of the company's credit worthiness. Please send all inquiries related to the report to firstname.lastname@example.org. 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.
A proposal for two huge solar farms in Ohio has supporters and detractors lining up ahead of continued hearings this month.
Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is for those who would like to learn about Return On Read More...
Analyzing Utilities in the Week Ending January 4 (Continued from Prior Part) ## Valuation FirstEnergy (FE) stock seems to have an attractive valuation. FirstEnergy has a lower valuation multiple than its historical average and peers’ average. FirstEnergy’s forward PE ratio, based on analysts’ 2019 EPS estimate, is 14x. The company’s five-year historical average is ~17x. First Energy’s peers’ average is also close to similar levels. FirstEnergy is among the top-gaining utility (XLU) stocks in 2018. The company’s business mix improved last year. FirstEnergy became an entirely regulated utility. The company’s earnings and dividend profile are expected to stabilize in the coming quarters. ## Are utilities a good bargain? American Electric Power (AEP) stock is trading at a forward PE ratio of 17.7x based on its EPS estimates in 2019. American Electric Power’s five-year historical average valuation is close to 17x. American Electric Power looks to be trading at a premium valuation compared to its peers and its historical average. Xcel Energy (XEL), one of the top regulated utilities, is trading at a forward PE ratio of 18.5x—marginally lower than its five-year historical average. Exelon (EXC) stock has a forward PE ratio of 14x, which is lower than many of its peers’ ratios and its five-year average of ~17x. Exelon reported solid earnings growth in 2018. The stock rallied more than 16% last year. The company’s earnings growth is expected to slow down in 2019 based on the estimates. Read NEE, DUK, SO, and D: How Are Top Utility Stocks Valued in 2019? to learn more. Continue to Next Part Browse this series on Market Realist: * Part 1 - Utilities: Gains and Losses Last Week * Part 2 - XLU: What to Expect from Utilities in 2019 * Part 3 - Utilities versus Broader Markets’ Total Returns
[Editor's note: This story was originally published in September 2018. It has since been updated and republished to reflect the move in utilities. While the author's position may have changed, the utility stocks remain relevant.] 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 Tips The 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 rise in 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. * 10 Oversold Stocks Due for a Bounce 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: Source: Shutterstock ### 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. Hotter than normal weather so far in 2018 has buoyed operations for the past several months, and robust economic strength in the company's core markets has also boosted the business. Overall, sales and earnings are both trending higher at a healthy rate. Meanwhile, the dividend yield on AEP stock is 3.7%. That seems like a good place to buy in. Normally, AEP stock maxes out when the dividend yield drops below 3.2%. Thus, at 3.7% there seems to be more room to run for AEP stock. Source: Riccardo Annandale Via Unsplash ### 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 right now. 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 Tech Stocks Without China Exposure The dividend yield on SRE stock sits right around 3.3%. That isn't great, but that is higher than where the yield has been over the past several years (largely below 3%). Moreover, there is a pair of activist investor firms who are involved with SRE, and they recently pounded on the table that this stock could be worth as much as $158-per-share. Source: Shutterstock ### 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 at the current moment. Mostly thanks to unusually hot weather and strengthening economic conditions, Duke's revenues and earnings are 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 4.4% dividend yield, which is one of the more attractive yields in this space. Historically speaking, DUK stock peaks when that yield dips below 4%. Thus, from a historical viewpoint, DUK stock has plenty more firepower to head higher. Source: Shutterstock ### 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. * 10 Top Stock Picks From the Street's Best Analysts AWK stock has a dividend yield of 2%. 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. Source: Shutterstock ### 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 * 7 Downtrodden Stocks to Fish From the Bottom * 8 Cheap Value Stocks That Just Got More Enticing * 5 Apple Suppliers Hurt by the Guidance Cut Compare Brokers The post 5 Utility Stocks to Buy for an Extra Durable Portfolio appeared first on InvestorPlace.
According to analysts’ estimates, Southern Company (SO) stock has a median target price of $46.9, which indicates an estimated upside of ~7% for the next year. Currently, the stock is trading at $43.9.
Currently, Southern Company (SO) stock is trading at a forward PE ratio of 14.5x based on analysts’ EPS for the next year. Southern Company looks to be trading at a discounted valuation compared to its historical valuation average around 20x. Utilities at large have an average forward PE ratio of ~16x–17x.
American Electric Power (AEP) has one of the longest dividend payment histories among utility giants. The company has paid a cash dividend for 434 consecutive quarters. American Electric Power is expected to pay an annualized dividend of $2.53 per share in 2018, which is ~6% higher than its dividend last year.
AEP (AEP) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Utilities: How the Worst Week for Markets Played Out(Continued from Prior Part)Implied volatility Recently, the volatility in broader markets increased due to more uncertainties. On December 21, the Utilities Select Sector SPDR ETF’s (XLU) implied volatility was close to 19%—higher than its 15-day average volatility.
The broader market sell-off intensified last week. Most of the major indices recorded the worst week in a decade. Utilities continued to beat equities at large. The Utilities Select Sector SPDR ETF (XLU), the representative of the biggest utilities in the country, fell more than 5%, while the S&P 500 fell almost 8% for the week ending December 21.
American Electric Power (AEP) stock is trading at $76.9. Analysts have given American Electric Power a median target price of $78.7, which implies an estimated upside potential of 2.4% for the next 12 months.
American Electric Power (AEP) is trading at a forward PE ratio of 18.6x based on analysts’ estimated EPS for 2019. In comparison, peers’ average forward valuation is close to 15x. American Electric Power’s five-year historical average valuation is close to 17x. American Electric Power seems to be trading at a premium valuation compared to peers and its historical average. The company’s earnings growth of close to 4% next year doesn’t justify its premium valuation.
American Electric Power (AEP) is one of the largest utilities in the country. American Electric Power has outperformed its peers in 2018. American Electric Power is trading at $76.9, which is ~2% and 8% above its 50-day and 200-day moving average levels, respectively.
On December 17, broader markets’ fall didn’t spare utilities. Utilities have been one of the best-performing sectors across equities in 2018. However, the Utilities Select Sector SPDR ETF (XLU), which tracks the top utility stocks in the country, fell more than 3.0% on December 17. Utilities recorded the biggest one-day fall since November 2016. The S&P 500 fell almost 2%, which is close to its 14-month low.
Let’s see how utility stocks might trade this week given market participants’ anticipation for the rate hike. The Utilities Select Sector SPDR ETF (XLU) closed at $56.82 last week—almost 4% and 8% above its 50-day and 200-day moving average levels, respectively. The premium to both of the support levels highlights the strength in XLU. The moving average levels around $54.7 and $52.3 could act as a support for XLU in the short term.