|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||77.53 - 78.72|
|52 Week Range||72.93 - 91.80|
|PE Ratio (TTM)||17.81|
|Earnings Date||May 10, 2018|
|Forward Dividend & Yield||3.56 (4.57%)|
|1y Target Est||81.79|
Currently, Xcel Energy (XEL) stock offers a dividend yield of 3.4%, which is much lower than broader utilities’ (XLU) average yield of ~4.2%. Barring a few exceptions, Xcel Energy has always traded at a discounted dividend yield compared to utilities’ average in the last five years. Xcel Energy has raised its dividends per share for the last 15 consecutive years.
Currently, Xcel Energy (XEL) stock is trading at a PE (price-to-earnings) multiple of 20.0x—compared to its five-year historical average of 18x. Xcel Energy stock appears to be trading at a premium to its historical average valuation.
According to Wall Street analysts’ estimates, NextEra Energy (NEE), the country’s biggest utility by market capitalization, has a potential upside of more than ~5.0% going forward. NextEra Energy has a mean target price of $169.10, and it’s currently trading at $160.20. J.P. Morgan raised NextEra Energy’s target price from $167.00 to $170.00 on April 10, 2018.
Dominion Energy (D), the third-largest utility by market capitalization in the S&P 500 Utilities Index (XLU), is trading at a PE (price-to-earnings) valuation multiple of 19x. The stock seems to be trading at a large discount compared to its five-year valuation average of 24x. Duke Energy (DUK) stock, the second-largest utility, is currently trading at a PE multiple of 21x, while renewables titan NextEra Energy (NEE) is trading at a PE multiple of 22x.
Broader utilities (XLU) have been on a losing streak for the last few months after peaking in November 2017. NextEra Energy (NEE) is currently trading at a PE (price-to-earnings) multiple of 22.0x against its five-year historical average PE of 21.0x. Thus, NextEra Energy stock seems to be trading at a premium to its historical average. NextEra Energy stock has rallied more than 5.0% while the broader utilities have corrected 2.0% so far this year.
“If this industry is going to go forward, we have to do something completely different," one nuclear expert told attendees of the State Energy Conference in Raleigh.
CHARLOTTE, N.C. , April 18, 2018 /PRNewswire/ -- Duke Energy will hold its annual shareholders' meeting Thursday, May 3 , at 12:30 p.m. ET , online using a live video webcast. Duke Energy Chairman, President ...
According to Wall Street analysts’ estimates, NextEra Energy (NEE), the biggest utility by market capitalization in the country, has a potential upside of more than ~5% going forward. NextEra Energy has a mean target price of $169.1. Currently, NextEra Energy is trading at $160.20.
On April 13, 2018, the Utilities Select Sector SPDR ETF’s (XLU) implied volatility was 15%—close to its 15-day average. The SPDR S&P 500’s implied volatility was also close to 16%—lower than its 15-day average of 18%.
Duke Energy'S (DUK) customers residing in Ohio and Kentucky would save approximately $38 million in total, in annual tax on their electric bills.
North Carolina's highest court is deciding whether a clean-energy advocacy group illegally sold solar power to a church as part of its plan to undercut the monopoly of the state's electric utilities. The ...
NextEra Energy (NEE) is trading at a PE (price-to-earnings) multiple of 22x—compared to its five-year historical average PE multiple of 21x. NextEra Energy stock seems to be trading at a premium to its historical average. NextEra Energy, the top utility, is one of the most rallied stocks among the S&P 500 Utilities Index. NextEra Energy stock has soared more than 22% in the trailing 12 months and outperformed broader utilities.
US utility stocks have been sluggish for the last few months. Utilities that are sensitive to the interest rate have been on a downward streak since December 2017 mainly due to tax reforms, rate hikes, and valuation concerns. Utilities continued their downtrend last week. The Utilities Select Sector SPDR ETF (XLU) fell more than 1%, while broader markets rose more than 2% during the week.
CHARLOTTE, N.C., April 17, 2018 /PRNewswire/ -- Lineworkers have jobs unlike any other – they chase storms, climb poles and know the ins and outs of the energy grid – and, with the demands of the job, are always on standby when severe weather strikes. On April 18, we celebrate our lineworkers' role in powering the lives of millions of people across the country for National Lineman Appreciation Day. Whether they are scaling a 40-foot pole or sky-high in an elevated bucket truck, lineworkers ensure power flows to vital infrastructure such as hospitals and water treatment facilities and to our everyday conveniences at home.
Duke Energy Corp. is gearing up to offer $62 million in rebates for N.C. rooftop solar projects starting this summer now that N.C. regulators have approved the program.
Duke Energy Corp.’s REC Solar unit began construction on a 20-megawatt solar project at the U.S. Navy’s Joint Base Pearl Harbor-Hickam West Loch Annex in Hawaii.
Neither Ecoplexus Inc. nor Duke Energy will discuss the terms of the deal they reached in a case that alleged the Charlotte power company had violated state and federal rules for connecting solar projects to the grid.
Sempra Energy (SRE), one of the leading utilities in California, declared a dividend of $0.90 per share in 1Q18, which represented a 9% increase over the previous quarter. This was Sempra Energy’s eighth consecutive annual per-share dividend increase. Sempra Energy is currently trading at a dividend yield of 3.3%—well below the industry average.
CHARLOTTE, N.C., April 16, 2018 /PRNewswire/ -- Duke Energy's $62 million solar rebate program – which will help North Carolina customers with the upfront cost of installing solar panels on their property – was approved this month by the North Carolina Utilities Commission (NCUC). The program is part of 2017's Competitive Energy Solutions for North Carolina law – also known as House Bill 589 – which includes new Duke Energy programs to benefit customers.
Southern Company (SO) stock witnessed a massive fall in December 2017, and the stock has since been sluggish. According to the Wall Street analyst consensus, Southern Company stock offers a potential upside of more than 5% for the next one year. It has given a mean price target of $46.1 and it’s presently trading at $43.8.
North Carolina's highest court is taking up a case that could force new competition on the state's electricity monopolies. The state Supreme Court on Tuesday will consider the Utilities Commission's decision ...
On April 12, 2018, implied volatility in Southern Company (SO) stock was 19%, close to its 15-day average. Implied volatility signifies investors’ nervousness. Higher volatility is usually associated with a fall in stock prices. Volatility in broader markets significantly came down after fears of a trade war abated recently. Implied volatility in broader markets was at 15%, while broader utilities’ (XLU) volatility was at similar levels.
CINCINNATI, April 13, 2018 /PRNewswire/ -- Duke Energy Ohio customers will receive approximately $20 million in annual tax savings on their electric bills beginning this month. "The tax act provides a unique opportunity for us to reduce customers' bills by millions of dollars," said Jim Henning, president of Duke Energy Ohio and Kentucky.
How Do Southern Company’s Valuations and Ratings Look? Southern Company (SO) stock has been weak for the last few months, largely mirroring broader utilities’ performances. Due to this correction, many utility stocks from the S&P 500 Utilities Index are looking attractive from a valuation perspective.
Duke Energy Corp. will pay a $156,000 penalty for polluting ground and surface waters with potentially toxic coal-ash waste around three power plants, an amount one critic compared Friday to a couple of ...